NASDAQ: BSY
Bentley Systems, Incorporated
Technology · Software - Application
Market Cap
$8.59B
52w High
$59.25
52w Low
$28.42
P/E
33.54
Volume
6.83M
Outstanding Shares
292.28M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 42.07% over the last year. Revenue grew 12.23% over the trailing twelve months. Operating margin moved from 23.48% to 24.03%. Free cash flow grew 12.71% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 24.03%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Bentley Systems, Inc., along with its affiliated companies, delivers specialized software solutions for infrastructure engineering across a global footprint, encompassing the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
7
Buy
4
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 5, 2026
Q3 FY26 · EPS est $0.32 · Revenue est $412.15M
View
Dividends
$0.28/shareQuarterly4yr growth streakSafeBSY pays a dividend with a 0.95% dividend yield, 4 consecutive years of growth, growing at 20.51% annually, covered 6.1× by free cash flow.
Dividend Yield
0.95%
Annual Div / Share
$0.28
3yr CAGR
+20.51%
Doubles every ~3.7yr
Payout Ratio
30.15%
Safe
Dividend Growth Rate
3yr CAGR
+20.51%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$1/mo
In 5 yrs
$1/mo
In 10 yrs
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$10/yr $1/mo | $17/yr+76% $1/mo | $30/yr+211% $2/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 0.95% → 2.96% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 6.1× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.