Bentley Financial Statements From 2010 to 2024

BSY Stock  USD 52.06  1.95  3.89%   
Bentley SystemsInc financial statements provide useful quarterly and yearly information to potential Bentley SystemsInc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Bentley SystemsInc financial statements helps investors assess Bentley SystemsInc's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Bentley SystemsInc's valuation are summarized below:
Gross Profit
868.7 M
Profit Margin
0.266
Market Capitalization
15 B
Enterprise Value Revenue
12.882
Revenue
1.2 B
We have found one hundred twenty available fundamental signals for Bentley SystemsInc, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Bentley SystemsInc prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to drop to about 9.6 B in 2024. Enterprise Value is likely to drop to about 10.2 B in 2024

Bentley SystemsInc Total Revenue

1.01 Billion

Check Bentley SystemsInc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bentley main balance sheet or income statement drivers, such as Interest Expense of 41.8 M, Net Income Applicable To Common Shares of 211 M or EBIT of 150.6 M, as well as many exotic indicators such as Price To Sales Ratio of 14.33, Dividend Yield of 0.0034 or PTB Ratio of 35.63. Bentley financial statements analysis is a perfect complement when working with Bentley SystemsInc Valuation or Volatility modules.
  
This module can also supplement Bentley SystemsInc's financial leverage analysis and stock options assessment as well as various Bentley SystemsInc Technical models . Check out the analysis of Bentley SystemsInc Correlation against competitors.
For more information on how to buy Bentley Stock please use our How to Invest in Bentley SystemsInc guide.

Bentley SystemsInc Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Other Current Liabilities490.2 M466.8 M203.7 M
Slightly volatile
Total Current Liabilities476.7 M760.4 M459.8 M
Slightly volatile
Other Liabilities193 M183.8 M97.7 M
Slightly volatile
Accounts Payable14.7 M18.1 M11.6 M
Slightly volatile
Other Assets0.951.087.3 M
Pretty Stable
Net Receivables209.4 M293.5 M197.3 M
Slightly volatile
Other Current Assets60.5 M57.6 M23 M
Slightly volatile
Total Current Assets357.4 M419.6 M323.5 M
Slightly volatile
Common Stock2.3 MM2.4 M
Slightly volatile
Property Plant Equipment51.7 M83.4 M43.4 M
Slightly volatile
Total Assets2.2 B3.3 B1.5 B
Slightly volatile
Short and Long Term Debt TotalB1.6 B585.2 M
Slightly volatile
Total Stockholder Equity493.1 M884 M290.8 M
Slightly volatile
Property Plant And Equipment Net67.3 M78.6 M44.7 M
Slightly volatile
Current Deferred Revenue186.7 M253.8 M259.2 M
Slightly volatile
Net Debt893.9 M1.5 B479.3 M
Slightly volatile
Cash105.8 M68.4 M103.3 M
Slightly volatile
Non Current Assets Total1.8 B2.9 B1.1 B
Slightly volatile
Non Currrent Assets Other53.1 M67.3 M38.6 M
Slightly volatile
Long Term DebtB1.5 B569 M
Slightly volatile
Cash And Short Term Investments105.8 M68.4 M103.3 M
Slightly volatile
Good Will1.4 B2.3 B837.8 M
Slightly volatile
Common Stock Total Equity2.9 M3.2 M2.6 M
Slightly volatile
Common Stock Shares Outstanding330.1 M332.5 M281.4 M
Slightly volatile
Liabilities And Stockholders Equity2.2 B3.3 B1.5 B
Slightly volatile
Non Current Liabilities Total1.1 B1.7 B672.4 M
Slightly volatile
Inventory10.7 M21.2 M8.1 M
Slightly volatile
Total Liabilities1.7 B2.4 B1.2 B
Slightly volatile
Net Invested Capital1.5 B2.4 B861.3 M
Slightly volatile
Property Plant And Equipment Gross76.8 M130.4 M48.7 M
Slightly volatile
Capital StockMM2.6 M
Slightly volatile
Non Current Liabilities OtherM5.4 M9.1 M
Very volatile
Short Term Debt26.1 M21.6 M18.1 M
Slightly volatile
Intangible Assets171 M248.8 M102.4 M
Slightly volatile
Deferred Long Term Liabilities193.1 M183.9 M50.7 M
Slightly volatile
Short Term Investments6.7 M7.4 MM
Slightly volatile
Long Term Debt Total922.3 M1.6 B542.4 M
Slightly volatile
Capital Surpluse923.4 M1.1 B802 M
Slightly volatile
Capital Lease Obligations37.1 M42.3 M47.1 M
Slightly volatile
Short and Long Term Debt7.3 M10 M5.5 M
Slightly volatile

Bentley SystemsInc Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
EBIT150.6 M230.5 M131.3 M
Slightly volatile
Interest Income2.5 M2.3 MM
Slightly volatile
Depreciation And Amortization67.7 M85.4 M44.7 M
Slightly volatile
Selling General Administrative164.8 M194.3 M118.5 M
Slightly volatile
Selling And Marketing Expenses191 M224.3 M167.9 M
Slightly volatile
Total RevenueB1.2 B804.6 M
Slightly volatile
Gross Profit789.8 M910.2 M638.7 M
Slightly volatile
Other Operating Expenses834 M997.9 M663 M
Slightly volatile
Operating Income173.6 M230.5 M139.5 M
Slightly volatile
Net Income From Continuing Ops149 M172.9 M139.9 M
Very volatile
Research Development237.9 M274.6 M195.7 M
Slightly volatile
EBITDA241.6 M316 M185.1 M
Slightly volatile
Cost Of Revenue222.6 M318.2 M165.8 M
Slightly volatile
Total Operating Expenses611.4 M679.7 M497.2 M
Slightly volatile
Reconciled Depreciation53.6 M70.7 M38.6 M
Slightly volatile
Income Before Tax162 M183.5 M129.9 M
Slightly volatile
Net Income177.2 M326.8 M152 M
Slightly volatile
Non Operating Income Net Other12 M6.9 M18.8 M
Slightly volatile

Bentley SystemsInc Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Cash From Operating Activities223.2 M416.7 M196.1 M
Slightly volatile
Change To Liabilities39 M36.2 M48 M
Very volatile
Depreciation50.5 M85.4 M38.4 M
Slightly volatile
Net Income343.1 M326.8 M153.9 M
Slightly volatile
End Period Cash Flow106.1 M68.4 M106.8 M
Pretty Stable
Stock Based Compensation45 M73 M23.6 M
Slightly volatile
Free Cash Flow266.9 M391.7 M190.6 M
Slightly volatile
Begin Period Cash Flow68.1 M71.7 M133.6 M
Very volatile
Cash And Cash Equivalents Changes250.4 M238.4 M60.9 M
Slightly volatile
Cash Flows Other Operating70.1 M129.4 M39.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio14.3313.268212.911
Pretty Stable
Dividend Yield0.00340.00360.0048
Pretty Stable
PTB Ratio35.6318.43846.9813
Slightly volatile
Days Sales Outstanding10287.218795.8662
Slightly volatile
Book Value Per Share2.972.831.102
Slightly volatile
Free Cash Flow Yield0.01590.0240.0177
Slightly volatile
Invested Capital1.631.74221.8838
Pretty Stable
Operating Cash Flow Per Share0.711.3340.7321
Slightly volatile
Stock Based Compensation To Revenue0.03220.05940.0243
Slightly volatile
PB Ratio35.6318.43846.9813
Slightly volatile
EV To Sales11.0414.491213.1381
Pretty Stable
Free Cash Flow Per Share0.661.2540.6628
Slightly volatile
ROIC0.190.16930.2784
Slightly volatile
Inventory Turnover28.7214.8125.3789
Pretty Stable
Net Income Per Share1.11.04620.5829
Slightly volatile
Days Of Inventory On Hand14.4225.5116.2099
Slightly volatile
Payables Turnover10.6617.584714.217
Slightly volatile
Sales General And Administrative To Revenue0.130.15820.1415
Slightly volatile
Research And Ddevelopement To Revenue0.260.22360.247
Slightly volatile
Cash Per Share0.210.2190.3613
Pretty Stable
POCF Ratio51.8839.114651.2194
Slightly volatile
Interest Coverage5.55.793511.5516
Slightly volatile
Payout Ratio0.170.17980.3839
Pretty Stable
PFCF Ratio56.4441.611357.1514
Slightly volatile
Days Payables Outstanding32.3520.756726.6208
Slightly volatile
Income Quality1.431.27511.4193
Slightly volatile
ROE0.460.36970.7144
Slightly volatile
EV To Operating Cash Flow54.8942.719753.1027
Slightly volatile
PE Ratio94.0649.876273.3068
Slightly volatile
Return On Tangible Assets0.220.40760.3007
Slightly volatile
EV To Free Cash Flow59.6845.446659.212
Slightly volatile
Earnings Yield0.01070.020.0147
Slightly volatile
Intangibles To Total Assets0.520.75850.5819
Slightly volatile
Net Debt To EBITDA2.734.75422.1675
Slightly volatile
Current Ratio0.840.55180.7048
Slightly volatile
Receivables Turnover3.164.18493.7884
Very volatile
Graham Number8.578.16193.6696
Slightly volatile
Shareholders Equity Per Share2.972.831.102
Slightly volatile
Debt To Equity1.631.74221.8838
Pretty Stable
Revenue Per Share2.523.93272.8386
Slightly volatile
Interest Debt Per Share2.595.05782.0279
Slightly volatile
Debt To Assets0.340.46390.3419
Slightly volatile
Enterprise Value Over EBITDA48.7556.335858.9298
Very volatile
Short Term Coverage Ratios11.8619.251420.4725
Slightly volatile
Price Earnings Ratio94.0649.876273.3068
Slightly volatile
Operating Cycle11987.2187111
Pretty Stable
Price Book Value Ratio35.6318.43846.9813
Slightly volatile
Days Of Payables Outstanding32.3520.756726.6208
Slightly volatile
Dividend Payout Ratio0.170.17980.3839
Pretty Stable
Price To Operating Cash Flows Ratio51.8839.114651.2194
Slightly volatile
Price To Free Cash Flows Ratio56.4441.611357.1514
Slightly volatile
Pretax Profit Margin0.180.14940.1639
Very volatile
Ebt Per Ebit1.050.79610.9447
Pretty Stable
Operating Profit Margin0.190.18770.175
Very volatile
Company Equity Multiplier5.193.75565.5747
Slightly volatile
Long Term Debt To Capitalization0.490.6320.6171
Pretty Stable
Total Debt To Capitalization0.50.63530.6288
Pretty Stable
Return On Capital Employed0.170.09010.206
Slightly volatile
Debt Equity Ratio1.631.74221.8838
Pretty Stable
Ebit Per Revenue0.190.18770.175
Very volatile
Quick Ratio0.750.4760.6491
Pretty Stable
Dividend Paid And Capex Coverage Ratio11.7312.3451177
Slightly volatile
Net Income Per E B T1.871.78061.2282
Very volatile
Cash Ratio0.08550.090.2061
Very volatile
Cash Conversion Cycle62.7366.462182.3266
Slightly volatile
Operating Cash Flow Sales Ratio0.220.33920.2508
Slightly volatile
Days Of Inventory Outstanding14.4225.5116.2099
Slightly volatile
Days Of Sales Outstanding10287.218795.8662
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.740.940.8869
Very volatile
Cash Flow Coverage Ratios0.470.27060.5296
Slightly volatile
Price To Book Ratio35.6318.43846.9813
Slightly volatile
Fixed Asset Turnover18.6315.633420.5675
Slightly volatile
Price Cash Flow Ratio51.8839.114651.2194
Slightly volatile
Enterprise Value Multiple48.7556.335858.9298
Very volatile
Debt Ratio0.340.46390.3419
Slightly volatile
Cash Flow To Debt Ratio0.470.27060.5296
Slightly volatile
Price Sales Ratio14.3313.268212.911
Pretty Stable
Return On Assets0.10.09840.126
Slightly volatile
Asset Turnover0.610.370.6589
Slightly volatile
Net Profit Margin0.140.2660.1872
Slightly volatile
Gross Profit Margin0.860.7410.8032
Pretty Stable
Price Fair Value35.6318.43846.9813
Slightly volatile
Return On Equity0.460.36970.7144
Slightly volatile

Bentley SystemsInc Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap9.6 B16.3 B10.1 B
Slightly volatile
Enterprise Value10.2 B17.8 B10.5 B
Slightly volatile

Bentley Fundamental Market Drivers

Forward Price Earnings49.7512
Cash And Short Term Investments68.4 M

Bentley Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Bentley SystemsInc Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Bentley SystemsInc income statement, its balance sheet, and the statement of cash flows. Bentley SystemsInc investors use historical funamental indicators, such as Bentley SystemsInc's revenue or net income, to determine how well the company is positioned to perform in the future. Although Bentley SystemsInc investors may use each financial statement separately, they are all related. The changes in Bentley SystemsInc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bentley SystemsInc's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Bentley SystemsInc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bentley SystemsInc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue253.8 M186.7 M
Total Revenue1.2 BB
Cost Of Revenue318.2 M222.6 M
Stock Based Compensation To Revenue 0.06  0.03 
Sales General And Administrative To Revenue 0.16  0.13 
Research And Ddevelopement To Revenue 0.22  0.26 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 3.93  2.52 
Ebit Per Revenue 0.19  0.19 

Bentley SystemsInc Investors Sentiment

The influence of Bentley SystemsInc's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bentley. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Bentley SystemsInc's public news can be used to forecast risks associated with an investment in Bentley. The trend in average sentiment can be used to explain how an investor holding Bentley can time the market purely based on public headlines and social activities around Bentley SystemsInc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Bentley SystemsInc's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bentley SystemsInc's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Bentley SystemsInc's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Bentley SystemsInc.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bentley SystemsInc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bentley SystemsInc's short interest history, or implied volatility extrapolated from Bentley SystemsInc options trading.

Pair Trading with Bentley SystemsInc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bentley SystemsInc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bentley SystemsInc will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Bentley SystemsInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bentley SystemsInc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bentley SystemsInc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bentley SystemsInc to buy it.
The correlation of Bentley SystemsInc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bentley SystemsInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bentley SystemsInc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bentley SystemsInc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bentley SystemsInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bentley SystemsInc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bentley Systemsinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bentley Systemsinc Stock:
Check out the analysis of Bentley SystemsInc Correlation against competitors.
For more information on how to buy Bentley Stock please use our How to Invest in Bentley SystemsInc guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Bentley Stock analysis

When running Bentley SystemsInc's price analysis, check to measure Bentley SystemsInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bentley SystemsInc is operating at the current time. Most of Bentley SystemsInc's value examination focuses on studying past and present price action to predict the probability of Bentley SystemsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bentley SystemsInc's price. Additionally, you may evaluate how the addition of Bentley SystemsInc to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Is Bentley SystemsInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bentley SystemsInc. If investors know Bentley will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bentley SystemsInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.545
Dividend Share
0.2
Earnings Share
1
Revenue Per Share
3.933
Quarterly Revenue Growth
0.083
The market value of Bentley SystemsInc is measured differently than its book value, which is the value of Bentley that is recorded on the company's balance sheet. Investors also form their own opinion of Bentley SystemsInc's value that differs from its market value or its book value, called intrinsic value, which is Bentley SystemsInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bentley SystemsInc's market value can be influenced by many factors that don't directly affect Bentley SystemsInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bentley SystemsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bentley SystemsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bentley SystemsInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.