Bentley Systems (MEX:BSY) EBIT: MXN6,902 Mil (TTM As of Mar. 2026)


MEX:BSY Bentley Systems Inc MEX:BSY
73 GF Score
Price MXN656.22
GF Value MXN1,440.44
! 2 Warning Signs
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What is Bentley Systems EBIT?

Bentley Systems MEX:BSY 73 EBIT is MXN6,902 Mil as of Mar. 2026. GuruFocus rates MEX:BSY with a GF Score™ of 73/100 and a GF Value™ of MXN1,440.44. The stock has 2 warning signs investors should review.

Bentley Systems's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN2,274 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN6,902 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bentley Systems's annualized ROC % for the quarter that ended in Mar. 2026 was 10.47%. Bentley Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 674.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bentley Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.00%.


Bentley Systems  (MEX:BSY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Bentley Systems's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=9107.236 * ( 1 - 19.53% )/( (69542.605 + 70416.613)/ 2 )
=7328.5928092/69979.609
=10.47 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=64013.27 - 2054.252 - ( 2219.707 - max(0, 17289.253 - 9705.666+2219.707))
=69542.605

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=63542.096 - 1936.928 - ( 1896.301 - max(0, 18156.513 - 9345.068+1896.301))
=70416.613

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Bentley Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9096.488/( ( (1209.479 + max(-9557.174, 0)) + (1487.842 + max(-10467.695, 0)) )/ 2 )
=9096.488/( ( 1209.479 + 1487.842 )/ 2 )
=9096.488/1348.6605
=674.48 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6170.373 + 0 + 1315.586) - (2054.252 + 13352.235 + 1636.646)
=-9557.174

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6059.294 + 0 + 1389.473) - (1936.928 + 14276.471 + 1703.063)
=-10467.695

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Bentley Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=6902.28/172457.689
=4.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bentley Systems EBIT Related Terms


Bentley Systems EBIT Historical Data

* Premium members only.

The historical data trend for Bentley Systems's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bentley Systems EBIT Chart

Bentley Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 2,151.02 4,549.02 3,816.80 6,628.55 6,591.08

Bentley Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,339.17 1,530.38 1,566.32 1,531.46 2,274.12

MEX:BSY vs DOCU, FROG, MANH: EBIT Comparison

For the Software - Application subindustry, Bentley Systems's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bentley Systems EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Bentley Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bentley Systems's EV-to-EBIT falls into.


MEX:BSY
73GF Score
Bentley Systems Inc MEX:BSY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Bentley Systems EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN6,902 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN6,902 Mil mean?
Bentley Systems (MEX:BSY) has a EBIT of MXN6,902 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bentley Systems.
Is Bentley Systems' EBIT too high?
Bentley Systems' current EBIT is MXN6,902 Mil. Overall, Bentley Systems has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Bentley Systems' EBIT compare to DOCU and FROG?
Bentley Systems' EBIT of MXN6,902 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bentley Systems. Bentley Systems's current EBIT is MXN6,902 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bentley Systems stock overvalued right now?
Bentley Systems (MEX:BSY) has a current EBIT of MXN6,902 Mil. The stock's GF Value™ is MXN1,440.44, compared to a current price of MXN656.22 — trading 54.4% below its estimated fair value. The current EBIT is MXN6,902 Mil. Bentley Systems' overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Bentley Systems (MEX:BSY), the current EBIT is MXN6,902 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bentley Systems (MEX:BSY) Overvalued in 2026?

Based on GuruFocus' analysis, Bentley Systems stock appears to be undervalued. The current stock price of MXN656.22 is trading 54.4% below its estimated GF Value™ of MXN1,440.44.

Key valuation signals for MEX:BSY:

  • EBIT: MXN6,902 Mil
  • GF Value™: MXN1,440.44 vs. price of MXN656.22 (54.4% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the MEX:BSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bentley Systems Business Description

Address 685 Stockton Drive, Exton, PA, USA, 19341
Bentley Systems is a software vendor that caters to civil engineers, constructors, and geospatial professionals by enabling design, simulation, and data management of infrastructure assets such as roads and bridges. While Bentley is smaller than many other design software companies, it is a market leader across a handful of specialty areas, including public works, electricity grids, and transit.
73GF Score

Get the complete analysis for MEX:BSY

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN656.22
Price
MXN1,440.44
GF Value