Bentley Systems (MEX:BSY) FCF Margin %: 44.29% (As of Mar. 2026) — 52% Above Median


MEX:BSY Bentley Systems Inc MEX:BSY
73 GF Score
Price MXN656.22
GF Value MXN1,440.44
! 2 Warning Signs
View Full Analysis

What is Bentley Systems FCF Margin %?

Bentley Systems MEX:BSY 73 FCF Margin % is 44.29% as of Mar. 2026, which is 52% above its 10-year median of 29.11. 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. Among 2,815 Software companies, Bentley Systems ranks better than 94.6% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Bentley Systems's Free Cash Flow for the three months ended in Mar. 2026 was MXN3,388 Mil. Bentley Systems's Revenue for the three months ended in Mar. 2026 was MXN7,649 Mil. Therefore, Bentley Systems's FCF Margin % for the quarter that ended in Mar. 2026 was 44.29%.

As of today, Bentley Systems's current FCF Yield % is 5.64%.

The historical rank and industry rank for Bentley Systems's FCF Margin % or its related term are showing as below:

MEX:BSY' s FCF Margin % Range Over the Past 10 Years
Min: 20.52   Med: 29.11   Max: 34.64
Current: 31.35


During the past 8 years, the highest FCF Margin % of Bentley Systems was 34.64%. The lowest was 20.52%. And the median was 29.11%.

MEX:BSY's FCF Margin % is ranked better than
94.6% of 2815 companies
in the Software industry
Industry Median: 2.41 vs MEX:BSY: 31.35


Bentley Systems FCF Margin % Related Terms


Bentley Systems FCF Margin % Historical Data

* Premium members only.

The historical data trend for Bentley Systems's FCF Margin % 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 FCF Margin % Chart

Bentley Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial 28.03 23.27 31.89 31.13 34.64

Bentley Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 58.39 15.65 29.47 34.77 44.29

MEX:BSY vs DOCU, FROG, MANH: FCF Margin % Comparison

For the Software - Application subindustry, Bentley Systems's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Software Industry

For the Software industry and Technology sector, Bentley Systems's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Bentley Systems's FCF Margin % falls into.


MEX:BSY
73GF Score
Bentley Systems Inc MEX:BSY
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bentley Systems FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Bentley Systems's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=9366.727/27040.582
=34.64 %

Bentley Systems's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3387.568/7649.129
=44.29 %

* 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 FCF Margin % →
What does a FCF Margin % of 44.29% mean?
Bentley Systems (MEX:BSY) has a FCF Margin % of 44.29% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Bentley Systems and its competitors. This is 52% above median its historical median of 29.11. Over the past decade, Bentley Systems' FCF Margin % has ranged from 20.52 to 34.64. According to the industry distribution chart, Bentley Systems ranks #152 out of 2815 companies in the Software industry, placing it in the top 5.4%.
Is Bentley Systems' FCF Margin % too high?
Bentley Systems' current FCF Margin % of 44.29% is 52% above median its 10-year median of 29.11. Over the past 10 years, this metric has ranged from a low of 20.52 to a high of 34.64. The Software industry median FCF Margin % is 2.41. Bentley Systems' value of 44.29% is 1737.8% above this industry median. Based on the distribution chart, Bentley Systems ranks #152 out of 2815 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Bentley Systems has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Bentley Systems' FCF Margin % compare to DOCU and FROG?
According to the Software industry distribution chart, Bentley Systems ranks #152 out of 2815 companies for FCF Margin %. This places Bentley Systems in the top 5% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.41. Bentley Systems' value of 44.29% is 1737.8% above this benchmark. Historically, Bentley Systems' own FCF Margin % has ranged from 20.52 to 34.64 over the past decade. While the company's 10-year median is 29.11 vs. the industry median of 2.41, Bentley Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bentley Systems's current FCF Margin % of 44.29% is 1737.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Bentley Systems and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bentley Systems's current FCF Margin % is 44.29%, which is 52% above median its own 10-year median of 29.11. 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 FCF Margin % of 44.29%. 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 FCF Margin % is 44.29%, which is 52% above median its 10-year median of 29.11 and 1737.8% above the Software industry median of 2.41. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Bentley Systems (MEX:BSY), the current FCF Margin % is 44.29% 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:

  • FCF Margin %: 44.29% (52% above median its 10-year median of 29.11)
  • GF Value™: MXN1,440.44 vs. price of MXN656.22 (54.4% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 1737.8% above the Software median (#152 of 2815)

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

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

MXN656.22
Price
MXN1,440.44
GF Value