Bentley Systems, Incorporated

NasdaqGS:BSY Stock Report

Market Cap: US$13.2b

Bentley Systems Balance Sheet Health

Financial Health criteria checks 3/6

Bentley Systems has a total shareholder equity of $1.2B and total debt of $1.2B, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are $3.5B and $2.3B respectively. Bentley Systems's EBIT is $354.6M making its interest coverage ratio 34.7. It has cash and short-term investments of $165.4M.

Key information

104.35%

Debt to equity ratio

US$1.25b

Debt

Interest coverage ratio34.7x
CashUS$165.41m
EquityUS$1.20b
Total liabilitiesUS$2.27b
Total assetsUS$3.46b

Recent financial health updates

Does Bentley Systems (NASDAQ:BSY) Have A Healthy Balance Sheet?

Sep 27
Does Bentley Systems (NASDAQ:BSY) Have A Healthy Balance Sheet?

Here's Why Bentley Systems (NASDAQ:BSY) Can Manage Its Debt Responsibly

Apr 09
Here's Why Bentley Systems (NASDAQ:BSY) Can Manage Its Debt Responsibly

Recent updates

Does Bentley Systems (NASDAQ:BSY) Have A Healthy Balance Sheet?

Sep 27
Does Bentley Systems (NASDAQ:BSY) Have A Healthy Balance Sheet?

Bentley Systems: Engineering Software Leader, Stretched Valuation

Sep 12

Bentley Systems, Incorporated's (NASDAQ:BSY) P/E Still Appears To Be Reasonable

Sep 03
Bentley Systems, Incorporated's (NASDAQ:BSY) P/E Still Appears To Be Reasonable

Here's What's Concerning About Bentley Systems' (NASDAQ:BSY) Returns On Capital

Jul 24
Here's What's Concerning About Bentley Systems' (NASDAQ:BSY) Returns On Capital

Bentley Systems, Incorporated's (NASDAQ:BSY) Share Price Matching Investor Opinion

May 25
Bentley Systems, Incorporated's (NASDAQ:BSY) Share Price Matching Investor Opinion

Capital Allocation Trends At Bentley Systems (NASDAQ:BSY) Aren't Ideal

Apr 25
Capital Allocation Trends At Bentley Systems (NASDAQ:BSY) Aren't Ideal

Here's Why Bentley Systems (NASDAQ:BSY) Can Manage Its Debt Responsibly

Apr 09
Here's Why Bentley Systems (NASDAQ:BSY) Can Manage Its Debt Responsibly

When Should You Buy Bentley Systems, Incorporated (NASDAQ:BSY)?

Mar 25
When Should You Buy Bentley Systems, Incorporated (NASDAQ:BSY)?

Bentley Systems Faces Political Uncertainties Amid High Valuation (Downgrade)

Feb 28

Should You Be Adding Bentley Systems (NASDAQ:BSY) To Your Watchlist Today?

Feb 21
Should You Be Adding Bentley Systems (NASDAQ:BSY) To Your Watchlist Today?

Are Bentley Systems, Incorporated (NASDAQ:BSY) Investors Paying Above The Intrinsic Value?

Feb 06
Are Bentley Systems, Incorporated (NASDAQ:BSY) Investors Paying Above The Intrinsic Value?

Be Wary Of Bentley Systems (NASDAQ:BSY) And Its Returns On Capital

Jan 23
Be Wary Of Bentley Systems (NASDAQ:BSY) And Its Returns On Capital

Bentley Systems: Undervalued Stock With Robust Operational Efficiency Presents A Buying Opportunity

Jan 15

Subdued Growth No Barrier To Bentley Systems, Incorporated's (NASDAQ:BSY) Price

Dec 27
Subdued Growth No Barrier To Bentley Systems, Incorporated's (NASDAQ:BSY) Price

Bentley Systems: Rating Upgrade On Cheaper Valuation And Positive Growth Outlook

Dec 27

Bentley: Becoming Bullish Considering Growth Initiatives And Earnings Quality (Rating Upgrade)

Oct 21

Bentley Systems: Valuation Is A Concern On Economic Uneasiness (Downgrade)

Aug 08

Bentley Systems: Premium Business Trading At Premium Valuation

May 23

Bentley Systems: Keep This On Your Watchlist

Mar 14

Financial Position Analysis

Short Term Liabilities: BSY's short term assets ($526.8M) do not cover its short term liabilities ($860.5M).

Long Term Liabilities: BSY's short term assets ($526.8M) do not cover its long term liabilities ($1.4B).

Debt to Equity History and Analysis

Debt Level: BSY's net debt to equity ratio (90.5%) is considered high.

Reducing Debt: BSY's debt to equity ratio has reduced from 8266.4% to 104.4% over the past 5 years.

Debt Coverage: BSY's debt is well covered by operating cash flow (38.4%).

Interest Coverage: BSY's interest payments on its debt are well covered by EBIT (34.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/28 18:03
End of Day Share Price 2025/11/28 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bentley Systems, Incorporated is covered by 26 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph VruwinkBaird
Guy HardwickBarclays
Gal MundaBerenberg