OakChart

Bentley Systems Inc

BSYTechnology·Software - Application·USA·Large·NASD·Nov 11 • 3:59 PM ET

44.44-0.80 (-1.77%)
2026-11-12 00:10 CET
Market cap
13,666.69 USD m
Revenue, TTM
1,648.00 USD m
Net income, TTM
322.51 USD m
Free cash flow, TTM
489.26 USD m
EPS diluted, TTM
1.02
P/E
43.75
Compare

Price

BSY against its 20, 50 and 200-day averages
2050200beat
30.0035.0040.0045.005.1M10.1MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26BSYclose 44.4420-day 40.8050-day 36.12200-day 34.5644.4452w high52w low

7.7% under the 52-week high of 48.17 on 5 Nov 2026. 52-week low 28.08 on 25 Jun 2026. Last 15 sessions, 25.5% high to low

Volume 0.97× normal · the line is the 50-bar volume average

Profile

BSY
52-week range, 81% of the way up
28.0848.17

Bentley Systems, Inc. engages in the provision of software solutions for infrastructure engineering, enabling the work of civil, structural, geotechnical, plant engineering practitioners, project delivery enterprises, and owner-operators of infrastructure assets. It offers design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. The firm serves engineers, architects, geospatial professionals, constructors, and owner-operators. The company was founded by Raymond B. Bentley, Gregory S. Bently, Keith Arthur Bentley, and Barry J. Bentley in 1984 and is headquartered in Exton, PA.

IndexRUI
Employees5800
IPOSep 23, 2020
Beta0.94
ATR, 14d1.55
Rel volume0.97
Short float12.03%
Insider own48.87%
Inst own52.02%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap13.43B
Enterprise Value14.48B
Income322.51M
Sales1.65B
Book/sh4.25
Cash/sh0.50
Dividend Est.0.27 (0.61%)
Dividend TTM0.28 (0.63%)
Dividend Ex-DateSep 22, 2026
Dividend Gr. 3/5Y32.64% 56.32%
Payout32.78%
Employees5800
IPOSep 23, 2020

Ratios

P/E43.75
Forward P/E28.15
PEG1.96
P/S8.15
P/B10.46
P/C88.98
P/FCF27.44
EV/EBITDA29.52
EV/Sales8.79
Quick Ratio0.65
Current Ratio0.65
Debt/Eq0.94
LT Debt/Eq0.92
Option/ShortYes / Yes

Earnings

EPS (ttm)1.02
EPS next Y1.58
EPS next Q0.32
EPS this Y15.92%
EPS next Y12.54%
EPS next 5Y14.39%
EPS past 3/5Y17.49% 15.16%
Sales past 3/5Y10.97% 13.38%
EPS Y/Y TTM20.85%
Sales Y/Y TTM12.88%
EPS Q/Q61.20%
Sales Q/Q12.24%
EarningsNov 05 BMO
EPS/Sales Surpr.8.66% 0.19%

Ownership

Insider Own48.87%
Insider Trans-0.68%
Inst Own52.02%
Inst Trans2.98%
ROA9.17%
ROE26.03%
ROIC13.09%
Gross Margin80.36%
Oper. Margin26.10%
Profit Margin19.57%
SMA208.93%
SMA5023.03%
SMA20028.58%
Trades-

Technical

Shs Outstand290.34M
Shs Float154.45M
Short Float12.03%
Short Ratio6.83
Short Interest18.57M
52W High48.17 -7.74%
52W Low28.08 58.28%
Volatility4.53% 3.70%
ATR (14)1.55
RSI (14)73.58
Beta0.94
Rel Volume0.97
Avg Volume2.72M
Volume2,629,078

Performance

Perf Week1.83%
Perf Month26.75%
Perf Quarter21.55%
Perf Half Y42.21%
Perf YTD16.44%
Perf Year-1.18%
Perf 3Y-14.37%
Perf 5Y-21.71%
Perf 10Y-
Recom1.68
Target Price51.79
Prev Close45.24
Price44.44
Change %-1.77%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 15, 2026InitiatedCCantor FitzgeraldOverweight$37-16.7%
Aug 07, 2026ReiteratedBBMO Capital MarketsOutperform$41 → $43-3.2%
Jun 18, 2026InitiatedBBNP Paribas ExaneOutperform$40-10.0%
May 12, 2026ResumedBBofA SecuritiesBuy$40-10.0%
May 08, 2026UpgradePPiper SandlerNeutral → Overweight$45+1.3%
Jan 22, 2026InitiatedBBMO Capital MarketsOutperform$48+8.0%
Jan 13, 2026DowngradePPiper SandlerOverweight → Neutral$45+1.3%
Oct 17, 2025UpgradeRRosenblattNeutral → Buy$58+30.5%
Oct 08, 2025InitiatedBBarclaysEqual Weight$57+28.3%
Aug 07, 2025DowngradeRRosenblattBuy → Neutral$58+30.5%

Peers

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IBMInternational Business Machines Corp234.60B

Insider trading

12 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Andre WernerChief Financial OfficerNov 06 '26Sale45.0010,000450,000367,843Nov 10 04:15 PM
Bentley Keith A.DirectorNov 10 '26Proposed Sale50.76350,00017,767,740Nov 10 10:27 AM
Bentley Raymond B.DirectorNov 05 '26Sale46.47500,00023,235,61413,816,404Nov 09 04:15 PM
WERNER ANDREOfficerNov 06 '26Proposed Sale45.0010,000450,000Nov 06 04:34 PM
Bentley Raymond B.DirectorOct 30 '26Sale40.24344,20313,849,66214,316,404Nov 03 04:15 PM
Bentley Raymond B.DirectorOct 26 '26Sale40.05139,1355,572,96914,660,607Oct 27 04:15 PM
Bentley Raymond B.DirectorOct 23 '26Sale40.0016,662666,49514,799,742Oct 27 04:15 PM
Bentley Raymond B.DirectorOct 23 '26Proposed Sale45.001,500,00067,500,000Oct 23 03:26 PM
Bentley 2012 Generation SkippiDirectorAug 27 '26Proposed Sale36.94300,00011,082,000Aug 27 11:59 AM
BENTLEY GREGORY SExecutive Chair & PresidentMar 10 '26Sale40.011004,0017,614,841Mar 12 04:15 PM
BENTLEY GREGORY SOfficerMar 10 '26Proposed Sale40.01709,48928,386,654Mar 10 10:55 AM
Trimback Thomas FChief Accounting OfficerNov 17 '25Sale43.0256024,09113,806Nov 19 04:15 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
VGTVanguard Information Technology ETFAUM: 138.05B
FIWFirst Trust Water ETFAUM: 1.92B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.34B
VXFVanguard Extended Market Index ETFAUM: 30.47B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.22B
PHOInvesco Water Resources ETFAUM: 2.14B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.51B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-050.3600.3310.290421.51420.6915
2026Q22026-08-060.3500.3160.249410.73412.1215
2026Q12026-05-070.3800.3550.300424.18419.7915
2025Q42026-02-260.2700.2600.181391.58381.7915
2025Q32025-11-050.2700.2750.177375.55369.815
2025Q22025-08-060.3200.2850.217364.11363.6314
2025Q12025-05-070.3500.3030.279370.54366.314
2024Q42025-02-260.2100.2170.155349.82350.3713
2024Q32024-11-070.1300.2430.132335.17340.3612
2024Q22024-08-060.3100.2330.221330.34325.0812
2024Q12024-05-070.3100.2620.216337.76340.0911
2023Q42024-02-270.2000.1820.544310.64313.2410
2023Q32023-11-070.2200.1930.164306.61299.5910
2023Q22023-08-080.2400.1890.152296.75295.1810
2023Q12023-05-090.2500.2070.142314.41298.6310
2022Q42023-02-280.1900.1840.079286.952809

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2020FY0.6400.6260.422801.54795.09
2021FY0.8500.7740.296965.05958.59
2022FY0.8500.8360.5271,0991,093
2023FY0.9100.8831.0031,2281,231
2024FY1.0701.0630.7241,3531,354
2025FY1.2101.1820.8501,5021,492
2026FY-1.403--1,686
2027FY-1.579--1,836
2028FY-1.811--2,034

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0514013429.55420438.9
2026Q4S2026-10-301400439.11434.11445.8
2026Q4S2026-10-261400439.26434.11445.8
2026Q4S2026-10-201400439.26434.11445.8
2026Q4S2026-10-011404439.26434.11445.8
2026Q4S2026-09-241404439.25434.11445.8
2026Q4S2026-09-111504439.4434.11445.8
2026Q4S2026-08-061404439.45434.11445.8
2026Q4S2026-07-211400441.25436.8447.43
2026Q4S2026-06-261401441.25436.8447.43
2026Q4S2026-05-131401441.26436.8447.43
2026Q4S2026-05-121431441.26436.8447.43
2026Q4S2026-05-1113111441.28436.8447.43
2026Q4S2026-05-0714111441.31436.8447.43

Estimate history

EPS, annual0.5440.3950.4220.2960.5271.0030.7240.8541.0158
Period20182019202020212022202320242025TTM
EPS, quarterly0.1320.1550.2790.2170.1770.1810.30.2490.286
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual691.71736.654801.544965.0461099.0821228.4131353.0951501.7791648
Period20182019202020212022202320242025TTM
Sales, quarterly335.173349.822370.542364.106375.549391.582424.181410.727421.507
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual261.235261.235272.155282.527289.014296.266301.977302.355301.856
Period20182019202020212022202320242025MRQ
Shares, quarterly302.043301.977302.91303.438303.458302.355303.605301.778301.856
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue1,648.001,501.781,353.101,228.411,099.08965.05801.54736.65691.71
Cost of Goods Sold Incl. D&A323.71310.30290.62304.60278.13242.14181.04158.60144.22
Gross Profit1,324.291,191.481,062.47923.82820.96722.91620.50578.05547.49
Selling, General and Administrative Excl. Other882.29807.22736.87671.58616.37512.80431.97435.82417.96
Research and Development327.56307.58281.37274.62257.86220.91184.67183.72171.65
Other Operating Expense11.8414.4112.3813.58-15.7895.050.000.000.00
Operating Income430.15369.85313.22238.66220.37115.06188.53142.23129.53
Interest Expense32.4615.3224.7741.3335.0614.077.919.739.61
Unusual Expense3.9910.081.7521.34-18.709.4338.380.378.14
Net Income Before Taxes405.05350.73293.06183.53198.2893.33167.62128.11112.86
Income Taxes82.6272.9858.73-143.2421.28-3.4538.6223.74-29.25
Consolidated Net Income322.51277.74234.35326.71174.7493.18126.29103.09142.11
Net Income From Continuing Operations322.51277.80234.70326.71174.7493.18126.29103.09142.11
Net Income322.51277.80234.70326.71174.7493.18126.29103.09142.11
EPS (Recurring)1.040.880.731.050.490.320.510.400.57
EPS (Basic, Before Extraordinaries)1.030.880.751.050.570.300.440.390.54
EPS (Diluted)1.020.850.721.000.530.300.420.390.54
EBITDA490.57430.01373.58302.25284.67160.00219.03170.05155.67
Non-Operating Income (Expense)11.346.286.367.54-5.741.7725.38-4.031.08
Other After Tax Adjustments-0.01-0.06-0.08-0.07-0.04-0.01-0.23-0.01-0.00
Stock Option Compensation Expense64.9857.3458.7957.6559.4135.8023.445.916.23
Price To Earnings Ratio44.5444.5441.9897.0162.99173.5492.5397.34-
Price To Sales Ratio6.168.4611.5214.1211.1615.7615.13--
Gross Margin80.3679.3478.5275.2074.6974.9177.4178.4779.15
Operating Margin26.1024.6323.1519.4320.0511.9223.5219.3118.73
Net Margin19.5718.5017.3526.6015.909.6615.7613.9920.54
Shares Outstanding301.86302.36301.98296.27289.01282.53272.15261.23261.23
Market Capitalization13,666.6913,666.6914,115.0815,441.2610,658.4113,613.1111,001.7110,819.75-

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue421.51410.73424.18391.58375.55364.11370.54349.82
Cost of Goods Sold Incl. D&A80.1182.2882.2179.1180.3476.9873.8776.19
Gross Profit341.40328.45341.97312.47295.21287.13296.68273.63
Selling, General and Administrative Excl. Other215.73223.96213.11229.49202.52193.31181.90210.09
Research and Development81.4782.0983.0080.9978.7575.3972.4577.13
Other Operating Expense-0.7911.66-1.072.046.037.58-1.25-1.28
Operating Income126.4592.82129.9480.9486.6586.23116.0264.82
Interest Expense10.729.568.693.493.573.864.416.37
Unusual Expense-1.651.932.081.631.833.273.35-4.26
Net Income Before Taxes115.5395.07118.5675.8983.7179.31111.8364.28
Income Taxes25.5016.6123.1617.3626.268.8820.4914.63
Consolidated Net Income90.0078.5295.3558.6557.2770.4991.3249.72
Net Income From Continuing Operations89.9378.5795.3958.6257.3670.4791.3550.07
Net Income89.9378.5795.3958.6257.3670.4791.3550.07
EPS (Recurring)0.280.250.300.180.180.220.290.15
EPS (Basic, Before Extraordinaries)0.290.250.310.190.180.220.290.16
EPS (Diluted)0.290.250.300.180.180.220.280.16
EBITDA140.06108.40145.8796.25101.86101.09130.8179.99
Non-Operating Income (Expense)-1.8413.74-0.620.062.460.213.561.56
Other After Tax Adjustments0.000.000.00-0.01-0.01-0.01-0.02-0.02
Stock Option Compensation Expense17.2717.9715.9513.7914.2515.4813.7513.08
Price To Earnings Ratio44.5434.1641.1146.1065.7868.6154.3541.98
Price To Sales Ratio6.165.957.278.4511.7512.659.4711.52
Gross Margin80.9979.9780.6279.8078.6178.8680.0778.22
Operating Margin30.0022.6030.6320.6723.0723.6831.3118.53
Net Margin21.3419.1322.4914.9715.2719.3524.6514.31
Shares Outstanding301.86301.78303.60302.36303.46303.44302.91301.98
Market Capitalization13,666.699,080.4910,637.6711,585.2515,630.9216,373.5311,924.1114,115.08

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Cash & Short Term Investments123.2864.0168.4171.68329.34122.01121.1081.18
Short Term Receivables342.69314.47293.54287.65235.60190.47207.19184.56
Inventories0.000.000.000.000.000.000.000.00
Other Current Assets68.1059.1157.6156.5650.8927.7825.2717.48
Total Current Assets534.06437.58419.56415.89615.83340.26353.56283.22
Net Property, Plant & Equipment67.1766.1078.5872.5082.6474.5429.6329.39
Total Investments and Advances49.8557.9455.6459.4716.556.041.730.16
Intangible Assets2,696.792,581.142,518.122,529.451,834.31626.80526.38500.32
Deferred Tax Assets170.37198.29212.8352.6471.3839.2251.0781.07
Other Assets36.9258.7635.1235.0538.5339.1732.2429.44
Total Assets3,555.173,399.813,319.853,165.012,659.241,126.04994.60923.60
Short Term Debt Incl. Current Port. of LT Debt13.6711.6621.6419.6717.4816.610.000.00
Accounts Payable26.9516.4818.0915.1816.4816.4917.678.57
Income Tax Payable4.784.059.494.516.703.372.242.79
Other Current Liabilities914.81782.15711.13589.00553.21429.09372.51424.38
Total Current Liabilities960.21814.33760.36628.36593.87465.56392.41435.74
Long Term Debt1,271.061,414.981,549.031,803.371,466.27277.77233.75258.75
Provision for Risks Charges0.000.000.000.000.000.000.000.00
Deferred Tax Liabilities4.378.619.7251.2365.0110.858.2610.47
Other Liabilities130.03120.76116.76108.59124.8730.2725.5671.20
Total Liabilities2,365.682,358.692,435.872,591.552,250.02784.44659.98776.16
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity1,189.411,040.99883.28572.75409.22341.60334.62147.43
Total Shareholders Equity1,189.411,040.99883.28572.75409.22341.60334.62147.43
Accumulated Minority Interest0.080.130.700.700.000.000.000.00
Total Equity1,189.491,041.12883.98573.45409.22341.60334.62147.43
Total Liabilities & Stockholders Equity3,555.173,399.813,319.853,165.012,659.241,126.04994.60923.60
Book Value Per Share3.933.452.981.981.451.261.280.56
Tangible Book Value Per Share-4.99-5.10-5.52-6.77-5.04-1.05-0.73-1.35
Full-Time Employees5,8005,5005,2005,0004,6264,1043,648-
Price to Book Ratio10.6413.6522.2820.4933.3732.271,456.67-
Return on Assets7.996.9910.086.004.9211.9110.75-
Return on Equity24.9124.3944.8835.5924.8237.3542.77-
Return on Invested Capital11.299.5613.437.354.9720.3918.1434.99
Quick Ratio0.560.540.550.661.040.730.900.65
Current Ratio0.560.540.550.661.040.730.900.65

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income322.53277.79234.43326.79174.7893.19126.52103.10142.11
Depreciation62.1565.8864.6171.8671.5452.7936.1232.1629.20
Other Funds (Non Cash)90.40111.14101.14119.4848.2350.6312.0920.3114.26
Funds from Operations503.32479.14412.75319.25289.42176.87190.97156.29125.52
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital12.6259.3222.5497.45-15.09111.1567.3714.4835.95
Income Taxes Payable-6.38-10.39-12.559.850.32-15.93-3.82-5.3116.41
Cash from Operating Activities515.94538.46435.29416.70274.32288.02258.34170.77161.47
Capital Expenditures-26.68-18.25-14.05-25.00-18.55-17.54-16.45-16.64-19.49
Net Assets From Acquisitions-93.25-93.25-130.41-26.02-743.01-1,034.98-93.03-34.05-135.26
Sale of Fixed Assets and Businesses0.000.000.000.002.380.000.000.000.00
Purchase or Sale of Investments-0.04-0.98-1.44-9.480.000.000.00-3.000.00
Purchase of Investments-0.04-0.98-1.44-11.600.000.000.00-3.000.00
Sale Or Maturity of Investments0.000.000.002.120.000.000.000.000.00
Other Uses-0.370.000.000.00-10.95-4.08-7.850.000.00
Other Sources0.180.182.620.000.000.000.000.000.00
Cash from Investing Activities-120.16-112.31-143.27-60.50-770.13-1,056.60-117.33-53.69-154.76
Cash Dividends Paid-84.78-84.96-72.11-58.76-34.49-33.40-422.65-24.99-20.06
Change in Capital Stock-220.30-145.71-61.63-37.23-53.14-111.09-16.50-16.03-27.50
Repurchase of Common Pref Stock-195.11-125.06-64.36-58.94-71.81-120.54-83.97-24.17-46.45
Sale of Common Pref Stock-25.19-20.652.7321.7018.679.4567.488.1418.95
Proceedsfrom Stock Options-36.95-32.19-12.500.000.000.0058.354.5116.22
Issuance or Reduction of Debt, Net-87.58-145.11-152.90-258.57338.601,181.2411.82-25.00-11.25
Change in Long Term Debt-627.78-135.3137.10-253.57345.60-251.6411.82-25.00-11.25
Issuance of Long Term Debt1,251.26289.57511.46588.15833.29739.67550.44191.25148.25
Reduction of Long Term Debt-1,879.04-424.88-474.36-841.72-487.69-991.31-538.62-216.25-159.50
Net Financing Active Other Cash Flow-1.45-0.51-3.21-4.51-7.93-54.17290.81-11.030.01
Other Financing Activities Uses-1.45-0.51-3.21-4.51-8.46-54.17-4.99-11.030.00
Cash from Financing Activities-394.11-376.30-289.85-359.07243.03982.58-136.51-77.05-58.80
Exchange Rate Effect-3.759.41-6.58-0.39-4.88-6.67-3.59-0.11-1.19
Net Change in Cash-2.0759.27-4.40-3.27-257.65207.330.9139.92-53.28
Free Cash Flow489.26520.21421.25391.69255.78270.49241.89154.13141.97
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow25.0929.2144.6552.1155.4164.13---
Deferred Taxes & Investment Tax Credit-24.3312.57-198.88-5.13-19.7516.250.73-60.06

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments150.87146.98105.16123.28165.4189.65
Short Term Receivables314.20359.18336.02342.69286.17291.07
Inventories0.000.000.000.000.000.00
Other Current Assets154.4581.7377.0568.1075.2558.81
Total Current Assets619.52587.89518.23534.06526.83439.52
Net Property, Plant & Equipment82.8384.8882.5167.1766.2865.85
Total Investments and Advances68.9564.6849.8949.8550.5750.30
Intangible Assets2,600.232,637.962,655.472,696.792,591.332,609.57
Deferred Tax Assets144.22153.71163.01170.37176.38201.70
Other Assets53.4753.7954.6136.9253.0756.34
Total Assets3,569.213,582.903,523.723,555.173,464.453,423.28
Short Term Debt Incl. Current Port. of LT Debt25.2319.4413.3113.6711.8011.91
Accounts Payable20.6122.7921.2726.9517.8424.48
Income Tax Payable10.864.399.934.789.946.72
Other Current Liabilities903.12941.51962.35914.81820.87815.26
Total Current Liabilities959.82988.141,006.87960.21860.46858.36
Long Term Debt1,181.501,248.001,152.251,271.061,271.451,270.83
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities4.314.944.664.379.358.77
Other Liabilities140.46139.79134.05130.03127.84123.15
Total Liabilities2,286.102,380.882,297.832,365.682,269.102,261.11
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity1,283.071,202.041,225.851,189.411,195.301,162.04
Total Shareholders Equity1,283.071,202.041,225.851,189.411,195.301,162.04
Accumulated Minority Interest0.05-0.020.040.080.050.13
Total Equity1,283.121,202.031,225.891,189.491,195.351,162.17
Total Liabilities & Stockholders Equity3,569.213,582.903,523.723,555.173,464.453,423.28
Book Value Per Share4.253.984.043.933.943.83
Tangible Book Value Per Share-4.36-4.76-4.71-4.99-4.60-4.77
Full-Time Employees---5,800--
Price to Book Ratio10.647.408.939.6913.4414.89
Return on Assets9.178.288.147.997.857.61
Return on Equity26.0324.5324.2624.9124.1623.69
Return on Invested Capital3.653.214.012.382.332.90
Quick Ratio0.650.590.510.560.610.51
Current Ratio0.650.590.510.560.610.51

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income90.0078.5295.3558.6757.2970.50
Depreciation14.2116.0516.1415.7618.7415.75
Other Funds (Non Cash)18.4822.1921.0228.7125.4534.40
Funds from Operations132.08126.39140.72104.13127.46119.22
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-22.64-54.8852.6937.46-11.09-58.13
Income Taxes Payable7.74-14.068.25-8.31-6.10-10.19
Cash from Operating Activities109.4371.51193.41141.59116.3861.09
Capital Expenditures-7.99-7.71-5.55-5.42-5.70-4.09
Net Assets From Acquisitions0.000.000.00-93.250.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments0.000.000.00-0.04-0.940.00
Purchase of Investments0.000.000.00-0.04-0.940.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-0.370.000.000.000.000.00
Other Sources0.000.000.000.180.000.00
Cash from Investing Activities-8.36-7.71-5.55-98.53-6.64-4.09
Cash Dividends Paid-21.13-21.22-21.23-21.21-21.26-21.30
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-7.23-100.49-48.75-63.83-12.39-35.35
Repurchase of Common Pref Stock-10.01-85.05-40.02-60.03-15.01-20.01
Sale of Common Pref Stock2.78-15.44-8.73-3.812.62-15.34
Proceedsfrom Stock Options-3.48-15.44-14.23-3.81-3.60-15.34
Issuance or Reduction of Debt, Net-55.65102.50-134.420.000.000.00
Change in Long Term Debt-55.65-447.50-134.429.800.000.00
Issuance of Long Term Debt155.48244.42820.5430.8222.66113.84
Reduction of Long Term Debt-211.13-691.93-954.96-21.02-22.66-113.84
Net Financing Active Other Cash Flow-0.06-1.28-0.05-0.05-0.05-0.06
Other Financing Activities Uses-0.06-1.28-0.05-0.05-0.05-0.06
Cash from Financing Activities-84.08-20.50-204.44-85.09-33.70-56.70
Exchange Rate Effect-0.64-1.48-1.53-0.10-0.275.72
Net Change in Cash16.3641.82-18.12-42.1375.776.01
Free Cash Flow101.4463.80187.86136.17110.6756.99
Price to Free Cash Flow25.0923.0527.7929.1745.3650.60

Revenue breakdown

Enterprise License Subscriptions2024: 530.37M 2025: 623.06M
Perpetual Licenses2024: 45.96M 2025: 46.18M
Professional Services, Other2024: 69.13M 2025: 64.25M
Professional Services, Recurring2024: 14.64M 2025: 14.65M
SELECT Subscriptions2024: 258.50M 2025: 267.24M
Term License Subscriptions2024: 434.49M 2025: 486.39M
Asia Pacific2024: 247.71M 2025: 274.46M
EMEA2024: 388.38M 2025: 436.83M
United States, Canada, And Latin America2024: 717.00M 2025: 790.50M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3012.03%18.6M154.5M2.51M
2026-10-1510.42%16.1M154.5M2.58M
2026-09-3010.57%16.3M154.4M2.64M
2026-09-1511.55%17.8M154.4M2.86M
2026-08-3110.91%16.9M154.5M2.98M
2026-08-1411.28%17.4M154.5M3.09M
2026-07-3112.28%19.1M155.4M3.09M
2026-07-1510.90%16.9M155.4M2.89M
2026-06-3013.73%21.3M155.5M2.83M
2026-06-1514.80%23.0M155.5M2.57M
2026-05-2919.10%22.7M118.8M2.56M
2026-05-1518.30%21.7M118.8M2.96M
2026-04-3016.93%20.7M122.1M3.11M
2026-04-1514.55%17.5M119.9M3.20M
2026-03-3116.49%19.8M119.9M3.20M
2026-03-1314.10%16.9M119.9M3.07M
2026-02-2715.68%18.8M119.9M2.84M
2026-02-1314.73%17.7M120.2M2.33M
2026-01-3011.80%14.2M120.2M2.13M
2026-01-1511.82%14.2M120.3M1.97M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call15.0027.3031.600.007.0140.000.000.968-0.1340.005
call17.5024.8029.100.006.1300.000.000.962-0.1320.006
call20.0022.3026.6019.605.3842.000.000.956-0.1300.006
call22.5019.8024.100.004.7380.000.000.950-0.1280.007
call25.0017.3021.6015.004.16514.000.000.942-0.1240.008
call30.0012.6016.4014.803.0478.000.000.877-0.2130.014
call35.007.5011.409.472.2115050.000.829-0.1930.018
call40.003.306.605.541.5201030.000.745-0.1530.022
call45.000.702.101.770.4481400.000.485-0.1210.028
call50.000.001.300.221.02014.000.000.255-0.1290.022
call55.000.001.350.101.4331280.000.200-0.1580.019
put15.000.002.150.393.8232.000.00-0.017-0.0630.003
put17.500.002.150.003.3210.000.00-0.020-0.0620.003
put20.000.000.950.603.5842.000.00-0.043-0.1290.006
put22.500.001.150.113.1265.000.00-0.050-0.1260.007
put25.000.000.550.202.51211.000.00-0.048-0.0970.007
put30.000.001.350.052.65347.000.00-0.123-0.2100.014
put35.000.002.150.051.2485110.00-0.092-0.0800.011
put40.000.001.400.251.2036.000.00-0.254-0.1500.022
put45.000.053.401.501.1670.006.00-0.515-0.1170.028
put50.003.607.405.711.3901.000.00-0.745-0.1240.022
put55.008.4012.5010.401.89010.000.00-0.800-0.1520.019

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10144Filing for proposed sale of securities under Rule 144.SEC
2026-11-104Statement of changes in beneficial ownership of securities2026-11-06SEC
2026-11-094Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-06144Filing for proposed sale of securities under Rule 144.SEC
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-058-KCurrent report2026-11-05SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-30SEC
2026-10-274Statement of changes in beneficial ownership of securities2026-10-25SEC
2026-10-274Statement of changes in beneficial ownership of securities2026-10-23SEC
2026-10-264Statement of changes in beneficial ownership of securities2026-10-22SEC
2026-10-23144Filing for proposed sale of securities under Rule 144.SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-09-173Initial statement of beneficial ownership of securities2026-09-10SEC
2026-09-118-KCurrent report2026-09-11SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-08-31SEC
2026-08-314Statement of changes in beneficial ownership of securities2026-08-27SEC
2026-08-27144Filing for proposed sale of securities under Rule 144.SEC
2026-08-144Statement of changes in beneficial ownership of securities2026-08-12SEC
2026-08-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110023.69M2
2026-100020.09M3
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-03004.00K1
2026-020000
2026-010000
2025-120000
2025-110024.09K1

Institutional holders

Manager% owned
BlackRock, Inc.5.29%
ABSOLUTE INVESTMENT ADVISERS, LLC3.32%
VANGUARD PORTFOLIO MANAGEMENT LLC3.13%
NORGES BANK3.12%
Swedbank AB2.98%
T. Rowe Price Investment Management, Inc.2.47%
VANGUARD CAPITAL MANAGEMENT LLC2.34%
MORGAN STANLEY1.98%
Pictet Asset Management Holding SA1.73%
STATE STREET CORP1.66%

Funds

Fund% owned
JPMorgan Strategic Income Opportunities Fund2.37%
EUBEL BRADY & SUTTMAN INCOME AND APPRECIATION FUND1.98%
VANGUARD TOTAL STOCK MARKET INDEX FUND1.68%
iShares Core S&P Mid-Cap ETF1.68%
Fidelity Convertible Securities Fund1.27%
VANGUARD SMALL-CAP INDEX FUND1.21%
VANGUARD INFORMATION TECHNOLOGY INDEX FUND1.04%
Eaton Vance Atlanta Capital SMID-Cap Fund0.91%
VANGUARD SMALL-CAP GROWTH INDEX FUND0.70%
Mairs & Power Fund0.60%

OakChart. BSY. Cached 15 minutes.