Bentley Systems, Incorporated

NasdaqGS:BSY Stock Report

Market Cap: US$12.7b

Bentley Systems Management

Management criteria checks 4/4

Bentley Systems' CEO is Nicholas Cumins, appointed in Jul 2024, has a tenure of less than a year. total yearly compensation is $2.59M, comprised of 24.5% salary and 75.5% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $15.74M. The average tenure of the management team and the board of directors is 2.7 years and 16.5 years respectively.

Key information

Nicholas Cumins

Chief executive officer

US$2.6m

Total compensation

CEO salary percentage24.5%
CEO tenureless than a year
CEO ownership0.1%
Management average tenure2.7yrs
Board average tenure16.5yrs

Recent management updates

Recent updates

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

These 4 Measures Indicate That Bentley Systems (NASDAQ:BSY) Is Using Debt Reasonably Well

Nov 27
These 4 Measures Indicate That Bentley Systems (NASDAQ:BSY) Is Using Debt Reasonably Well

Do Bentley Systems' (NASDAQ:BSY) Earnings Warrant Your Attention?

Oct 30
Do Bentley Systems' (NASDAQ:BSY) Earnings Warrant Your Attention?

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

Oct 21

Bentley Systems (NASDAQ:BSY) May Have Issues Allocating Its Capital

Oct 16
Bentley Systems (NASDAQ:BSY) May Have Issues Allocating Its Capital

Why Bentley Systems, Incorporated (NASDAQ:BSY) Could Be Worth Watching

Oct 01
Why Bentley Systems, Incorporated (NASDAQ:BSY) Could Be Worth Watching

Bentley Systems, Incorporated's (NASDAQ:BSY) Popularity With Investors Is Under Threat From Overpricing

Sep 17
Bentley Systems, Incorporated's (NASDAQ:BSY) Popularity With Investors Is Under Threat From Overpricing

Bentley Systems' (NASDAQ:BSY) Solid Profits Have Weak Fundamentals

Aug 19
Bentley Systems' (NASDAQ:BSY) Solid Profits Have Weak Fundamentals

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

Aug 08

Bentley Systems, Incorporated (NASDAQ:BSY) Shares Could Be 28% Above Their Intrinsic Value Estimate

Jul 31
Bentley Systems, Incorporated (NASDAQ:BSY) Shares Could Be 28% Above Their Intrinsic Value Estimate

Bentley Systems (NASDAQ:BSY) Is Reinvesting At Lower Rates Of Return

Jul 15
Bentley Systems (NASDAQ:BSY) Is Reinvesting At Lower Rates Of Return

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

Jun 30
When Should You Buy Bentley Systems, Incorporated (NASDAQ:BSY)?

What Bentley Systems, Incorporated's (NASDAQ:BSY) P/E Is Not Telling You

Jun 12
What Bentley Systems, Incorporated's (NASDAQ:BSY) P/E Is Not Telling You

Bentley Systems: Premium Business Trading At Premium Valuation

May 23

Bentley Systems, Incorporated Just Beat EPS By 22%: Here's What Analysts Think Will Happen Next

May 10
Bentley Systems, Incorporated Just Beat EPS By 22%: Here's What Analysts Think Will Happen Next

Is Bentley Systems (NASDAQ:BSY) A Risky Investment?

Apr 29
Is Bentley Systems (NASDAQ:BSY) A Risky Investment?

Here's Why Bentley Systems (NASDAQ:BSY) Has Caught The Eye Of Investors

Apr 17
Here's Why Bentley Systems (NASDAQ:BSY) Has Caught The Eye Of Investors

Should You Think About Buying Bentley Systems, Incorporated (NASDAQ:BSY) Now?

Mar 24
Should You Think About Buying Bentley Systems, Incorporated (NASDAQ:BSY) Now?

Bentley Systems: Keep This On Your Watchlist

Mar 14

CEO Compensation Analysis

How has Nicholas Cumins's remuneration changed compared to Bentley Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

US$235m

Sep 30 2024n/an/a

US$364m

Jun 30 2024n/an/a

US$375m

Mar 31 2024n/an/a

US$352m

Dec 31 2023US$3mUS$634k

US$327m

Sep 30 2023n/an/a

US$173m

Jun 30 2023n/an/a

US$157m

Mar 31 2023n/an/a

US$164m

Dec 31 2022US$9mUS$653k

US$175m

Sep 30 2022n/an/a

US$188m

Jun 30 2022n/an/a

US$103m

Mar 31 2022n/an/a

US$93m

Dec 31 2021US$2mUS$441k

US$93m

Compensation vs Market: Nicholas's total compensation ($USD2.59M) is below average for companies of similar size in the US market ($USD13.02M).

Compensation vs Earnings: Nicholas's compensation has been consistent with company performance over the past year.


CEO

Nicholas Cumins (46 yo)

less than a year

Tenure

US$2,591,650

Compensation

Mr. Nicholas H. Cumins is the Director since September 5, 2024 and Chief Executive Officer of Bentley Systems Inc. since July 1, 2024 and served as it's Chief Operating Officer since January 01, 2022 until...


Leadership Team

NamePositionTenureCompensationOwnership
Gregory Bentley
President & Executive Chairman of the Board28.8yrsUS$19.30m3.47%
$ 439.8m
Nicholas Cumins
CEO & Directorless than a yearUS$2.59m0.12%
$ 15.7m
Keith Bentley
Founderno datano data6.41%
$ 811.7m
Barry Bentley
Co-Founder & Director41.2yrsUS$50.00k4.87%
$ 616.8m
Werner Andre
Chief Financial Officer3.2yrsUS$2.91m0.11%
$ 13.4m
Brock Ballard
Chief Revenue Officer2.2yrsUS$2.62m0.018%
$ 2.2m
James Lee
Chief Operating Officerless than a yearno datano data
Thomas Trimback
Chief Accounting Officer & Global Controllerno datano data0.0035%
$ 448.4k
Julien Moutte
Chief Technology Officer1.9yrsno datano data
Eric Boyer
Investor Relations Officer2.2yrsno datano data
David Shaman
Chief Legal Officer & Secretary8.4yrsno data0.32%
$ 40.4m
John Riddle
Senior Vice President of Project Delivery - Global25.2yrsno datano data

2.7yrs

Average Tenure

55yo

Average Age

Experienced Management: BSY's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gregory Bentley
President & Executive Chairman of the Board28.8yrsUS$19.30m3.47%
$ 439.8m
Nicholas Cumins
CEO & Directorless than a yearUS$2.59m0.12%
$ 15.7m
Keith Bentley
Founder41.2yrsno data6.41%
$ 811.7m
Barry Bentley
Co-Founder & Director41.2yrsUS$50.00k4.87%
$ 616.8m
Kirk Griswold
Independent Director23.2yrsUS$300.00k0.14%
$ 18.3m
Janet Haugen
Lead Independent Director4.5yrsUS$325.00k0.0077%
$ 972.9k
Raymond Bentley
Director9.8yrsUS$50.00k5.37%
$ 680.6m
Brian Hughes
Independent Director5.1yrsUS$325.00k0.0094%
$ 1.2m

16.5yrs

Average Tenure

64yo

Average Age

Experienced Board: BSY's board of directors are seasoned and experienced ( 16.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/14 06:13
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
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 25 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
Gal MundaBerenberg
Michael FunkBofA Global Research