BSY: Bentley Systems Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Bentley Systems Inc (BSY).
$14.12B Market Cap.
BSY Market Cap. (MRY)
BSY Shares Outstanding (MRY)
BSY Assets (MRY)
Total Assets
$3.40B
Total Liabilities
$2.36B
Total Investments
$25.76M
BSY Income (MRY)
Revenue
$1.35B
Net Income
$234.79M
Operating Expense
$793.18M
BSY Cash Flow (MRY)
CF Operations
$435.29M
CF Investing
-$143.27M
CF Financing
-$289.85M
BSY Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $3,399,807,000 (2.41%) | $3,319,850,000 (4.89%) | $3,165,005,000 (19.02%) | $2,659,243,000 (136.16%) |
Assets Current | $442,073,000 (5.37%) | $419,557,000 (0.88%) | $415,895,000 (-32.47%) | $615,831,000 (80.99%) |
Assets Non-Current | $2,957,734,000 (1.98%) | $2,900,293,000 (5.50%) | $2,749,110,000 (34.54%) | $2,043,412,000 (160.05%) |
Goodwill & Intangible Assets | $2,581,138,000 (2.50%) | $2,518,123,000 (-0.45%) | $2,529,455,000 (37.90%) | $1,834,311,000 (192.65%) |
Shareholders Equity | $1,040,987,000 (17.85%) | $883,278,000 (54.22%) | $572,750,000 (39.96%) | $409,222,000 (19.80%) |
Property Plant & Equipment Net | $66,101,000 (-15.88%) | $78,576,000 (8.38%) | $72,500,000 (-12.27%) | $82,641,000 (10.87%) |
Cash & Equivalents | $64,009,000 (-6.44%) | $68,412,000 (-4.56%) | $71,684,000 (-78.23%) | $329,337,000 (169.94%) |
Accumulated Other Comprehensive Income | -$104,078,000 (-22.46%) | -$84,987,000 (5.30%) | -$89,740,000 (2.22%) | -$91,774,000 (-249.84%) |
Deferred Revenue | $262,370,000 (-2.70%) | $269,647,000 (10.93%) | $243,073,000 (4.51%) | $232,593,000 (11.12%) |
Total Investments | $25,764,000 (9.73%) | $23,480,000 (5.43%) | $22,270,000 (245.91%) | $6,438,000 (13.13%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $25,764,000 (9.73%) | $23,480,000 (5.43%) | $22,270,000 (245.91%) | $6,438,000 (13.13%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $314,467,000 (7.13%) | $293,536,000 (2.25%) | $287,073,000 (22.02%) | $235,266,000 (23.81%) |
Trade & Non-Trade Payables | $16,479,000 (-8.93%) | $18,094,000 (19.23%) | $15,176,000 (-7.93%) | $16,483,000 (-0.05%) |
Accumulated Retained Earnings (Deficit) | -$75,941,000 (53.10%) | -$161,932,000 (56.34%) | -$370,866,000 (15.64%) | -$439,634,000 (-16.92%) |
Tax Assets | $211,352,000 (-6.33%) | $225,643,000 (217.62%) | $71,042,000 (-19.50%) | $88,256,000 (106.40%) |
Tax Liabilities | $16,280,000 (-38.67%) | $26,546,000 (-58.42%) | $63,847,000 (-19.62%) | $79,435,000 (259.47%) |
Total Debt | $1,426,638,000 (-9.17%) | $1,570,674,000 (-13.84%) | $1,823,038,000 (22.45%) | $1,488,748,000 (405.73%) |
Debt Current | $11,656,000 (-46.15%) | $21,645,000 (10.03%) | $19,672,000 (-12.50%) | $22,482,000 (35.35%) |
Debt Non-Current | $1,414,982,000 (-8.65%) | $1,549,029,000 (-14.10%) | $1,803,366,000 (22.99%) | $1,466,266,000 (427.88%) |
Total Liabilities | $2,358,687,000 (-3.17%) | $2,435,868,000 (-6.01%) | $2,591,551,000 (15.18%) | $2,250,021,000 (186.83%) |
Liabilities Current | $814,334,000 (7.10%) | $760,363,000 (21.01%) | $628,358,000 (5.81%) | $593,874,000 (27.56%) |
Liabilities Non-Current | $1,544,353,000 (-7.83%) | $1,675,505,000 (-14.65%) | $1,963,193,000 (18.54%) | $1,656,147,000 (419.36%) |
BSY Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,353,095,000 (10.15%) | $1,228,413,000 (11.77%) | $1,099,082,000 (13.89%) | $965,046,000 (20.40%) |
Cost of Revenue | $257,767,000 (-3.13%) | $266,083,000 (12.27%) | $237,013,000 (9.46%) | $216,539,000 (29.54%) |
Selling General & Administrative Expense | $465,551,000 (14.93%) | $405,074,000 (9.40%) | $370,269,000 (18.54%) | $312,356,000 (21.51%) |
Research & Development Expense | $281,247,000 (2.41%) | $274,619,000 (6.50%) | $257,856,000 (16.72%) | $220,915,000 (19.08%) |
Operating Expenses | $793,178,000 (8.39%) | $731,788,000 (11.99%) | $653,457,000 (-0.07%) | $653,918,000 (35.04%) |
Interest Expense | $22,044,000 (-44.60%) | $39,793,000 (14.89%) | $34,635,000 (208.66%) | $11,221,000 (65.50%) |
Income Tax Expense | $58,726,000 (141.00%) | -$143,241,000 (-773.03%) | $21,283,000 (717.26%) | -$3,448,000 (-108.93%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $234,433,000 (-28.26%) | $326,787,000 (86.97%) | $174,780,000 (87.55%) | $93,192,000 (-26.34%) |
Net Income to Non-Controlling Interests | -$354,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $234,787,000 (-28.15%) | $326,787,000 (86.97%) | $174,780,000 (87.55%) | $93,192,000 (-26.34%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $234,787,000 (-28.15%) | $326,787,000 (86.97%) | $174,780,000 (87.55%) | $93,192,000 (-26.21%) |
Weighted Average Shares | $314,886,615 (0.81%) | $312,358,823 (1.01%) | $309,226,677 (1.15%) | $305,711,345 (5.47%) |
Weighted Average Shares Diluted | $333,774,167 (0.38%) | $332,503,633 (0.22%) | $331,765,158 (5.45%) | $314,610,814 (5.09%) |
Earning Before Interest & Taxes (EBIT) | $315,557,000 (41.29%) | $223,339,000 (-3.19%) | $230,698,000 (128.49%) | $100,965,000 (-41.27%) |
Gross Profit | $1,095,328,000 (13.82%) | $962,330,000 (11.63%) | $862,069,000 (15.17%) | $748,507,000 (17.99%) |
Operating Income | $302,150,000 (31.06%) | $230,542,000 (10.51%) | $208,612,000 (120.55%) | $94,589,000 (-37.00%) |
BSY Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$143,267,000 (-136.79%) | -$60,504,000 (92.14%) | -$770,127,000 (27.11%) | -$1,056,603,000 (-800.52%) |
Net Cash Flow from Financing | -$289,850,000 (19.28%) | -$359,074,000 (-247.75%) | $243,034,000 (-75.27%) | $982,582,000 (819.78%) |
Net Cash Flow from Operations | $435,292,000 (4.46%) | $416,696,000 (51.90%) | $274,324,000 (-4.76%) | $288,024,000 (11.49%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$4,403,000 (-34.57%) | -$3,272,000 (98.73%) | -$257,653,000 (-224.27%) | $207,331,000 (22809.50%) |
Net Cash Flow - Business Acquisitions and Disposals | -$130,407,000 (-401.12%) | -$26,023,000 (96.50%) | -$743,007,000 (28.21%) | -$1,034,983,000 (-1012.50%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$1,435,000 (84.86%) | -$9,479,000 (13.47%) | -$10,954,000 (-168.41%) | -$4,081,000 (0%) |
Capital Expenditure | -$14,046,000 (43.82%) | -$25,002,000 (-54.66%) | -$16,166,000 (7.83%) | -$17,539,000 (-6.64%) |
Issuance (Repayment) of Debt Securities | -$152,897,000 (40.87%) | -$258,569,000 (-176.36%) | $338,600,000 (-71.34%) | $1,181,239,000 (13974.10%) |
Issuance (Purchase) of Equity Shares | -$61,628,000 (-65.52%) | -$37,234,000 (29.93%) | -$53,138,000 (52.17%) | -$111,088,000 (-139.97%) |
Payment of Dividends & Other Cash Distributions | -$72,115,000 (-22.74%) | -$58,756,000 (-70.34%) | -$34,493,000 (-3.28%) | -$33,396,000 (92.10%) |
Effect of Exchange Rate Changes on Cash | -$6,578,000 (-1586.67%) | -$390,000 (92.01%) | -$4,884,000 (26.80%) | -$6,672,000 (-85.80%) |
Share Based Compensation | $74,417,000 (1.98%) | $72,972,000 (-2.97%) | $75,206,000 (53.34%) | $49,045,000 (52.72%) |
Depreciation Amortization & Accretion | $64,608,000 (-10.09%) | $71,861,000 (0.45%) | $71,537,000 (35.50%) | $52,793,000 (46.17%) |
BSY Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 80.90% (3.32%) | 78.30% (-0.13%) | 78.40% (1.03%) | 77.60% (-1.90%) |
Profit Margin | 17.40% (-34.59%) | 26.60% (67.30%) | 15.90% (63.92%) | 9.70% (-38.61%) |
EBITDA Margin | 28.10% (17.08%) | 24.00% (-12.73%) | 27.50% (72.96%) | 15.90% (-38.85%) |
Return on Average Equity (ROAE) | 23.50% (-49.13%) | 46.20% (35.48%) | 34.10% (47.62%) | 23.10% (-38.24%) |
Return on Average Assets (ROAA) | 7.00% (-31.37%) | 10.20% (82.14%) | 5.60% (36.59%) | 4.10% (-65.55%) |
Return on Sales (ROS) | 23.30% (28.02%) | 18.20% (-13.33%) | 21.00% (100.00%) | 10.50% (-50.93%) |
Return on Invested Capital (ROIC) | 23.30% (60.69%) | 14.50% (10.69%) | 13.10% (43.96%) | 9.10% (-89.56%) |
Dividend Yield | 0.50% (25.00%) | 0.40% (33.33%) | 0.30% (50.00%) | 0.20% (100.00%) |
Price to Earnings Ratio (P/E) | 62.27 (25.30%) | 49.7 (-23.36%) | 64.84 (-59.75%) | 161.1 (74.98%) |
Price to Sales Ratio (P/S) | 10.87 (-18.09%) | 13.27 (27.59%) | 10.4 (-32.08%) | 15.31 (4.51%) |
Price to Book Ratio (P/B) | 13.56 (-22.44%) | 17.48 (-6.06%) | 18.61 (-44.19%) | 33.35 (7.33%) |
Debt to Equity Ratio (D/E) | 2.27 (-17.84%) | 2.76 (-39.05%) | 4.53 (-17.70%) | 5.5 (139.46%) |
Earnings Per Share (EPS) | 0.75 (-28.57%) | 1.05 (84.21%) | 0.57 (90.00%) | 0.3 (-31.82%) |
Sales Per Share (SPS) | 4.3 (9.26%) | 3.93 (10.66%) | 3.55 (12.58%) | 3.16 (14.18%) |
Free Cash Flow Per Share (FCFPS) | 1.34 (6.70%) | 1.25 (50.18%) | 0.83 (-5.65%) | 0.89 (5.99%) |
Book Value Per Share (BVPS) | 3.31 (16.90%) | 2.83 (52.70%) | 1.85 (38.31%) | 1.34 (13.67%) |
Tangible Assets Book Value Per Share (TABVPS) | 2.6 (1.29%) | 2.57 (24.91%) | 2.06 (-23.83%) | 2.7 (56.68%) |
Enterprise Value Over EBIT (EV/EBIT) | 49 (-35.53%) | 76 (40.74%) | 54 (-63.27%) | 147 (126.15%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 40.78 (-29.22%) | 57.61 (40.29%) | 41.07 (-57.46%) | 96.54 (80.73%) |
Asset Turnover | 0.4 (5.21%) | 0.38 (8.78%) | 0.35 (-15.95%) | 0.42 (-44.44%) |
Current Ratio | 0.54 (-1.63%) | 0.55 (-16.62%) | 0.66 (-36.16%) | 1.04 (41.86%) |
Dividends | $0.24 (20.00%) | $0.2 (66.67%) | $0.12 (0.00%) | $0.12 (300.00%) |
Free Cash Flow (FCF) | $421,246,000 (7.54%) | $391,694,000 (51.73%) | $258,158,000 (-4.56%) | $270,485,000 (11.82%) |
Enterprise Value (EV) | $15,501,799,451 (-8.85%) | $17,006,542,831 (37.02%) | $12,411,602,672 (-16.38%) | $14,843,448,562 (33.57%) |
Earnings Before Tax (EBT) | $293,513,000 (59.91%) | $183,546,000 (-6.38%) | $196,063,000 (118.47%) | $89,744,000 (-45.66%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $380,165,000 (28.78%) | $295,200,000 (-2.33%) | $302,235,000 (96.57%) | $153,758,000 (-26.09%) |
Invested Capital | $1,366,964,000 (-11.44%) | $1,543,626,000 (-12.22%) | $1,758,546,000 (26.47%) | $1,390,469,000 (574.82%) |
Working Capital | -$372,261,000 (-9.23%) | -$340,806,000 (-60.41%) | -$212,463,000 (-1067.63%) | $21,957,000 (117.52%) |
Tangible Asset Value | $818,669,000 (2.11%) | $801,727,000 (26.15%) | $635,550,000 (-22.96%) | $824,932,000 (65.24%) |
Market Capitalization | $14,115,071,451 (-8.59%) | $15,441,218,831 (44.87%) | $10,658,994,672 (-21.89%) | $13,645,772,562 (28.58%) |
Average Equity | $997,499,500 (40.93%) | $707,822,250 (38.27%) | $511,898,750 (26.86%) | $403,507,750 (19.34%) |
Average Assets | $3,351,810,500 (4.69%) | $3,201,660,500 (2.75%) | $3,116,088,500 (35.57%) | $2,298,577,250 (116.78%) |
Invested Capital Average | $1,351,588,750 (-11.95%) | $1,534,978,250 (-12.88%) | $1,761,912,250 (58.67%) | $1,110,428,750 (462.95%) |
Shares | 302,249,924 (2.14%) | 295,922,170 (2.61%) | 288,392,713 (2.14%) | 282,345,801 (7.78%) |
