Bentley SystemsMEX:BSY 72 Pretax Margin % is 27.95% as of Mar. 2026, which is 58% above its 10-year median of 17.72. GuruFocus rates MEX:BSY with a GF Score™ of 72/100 and a GF Value™ of MXN1,391.49. The stock has 2 warning signs investors should review. Among 2,821 Software companies, Bentley Systems ranks better than 88.94% on this metric.
The historical rank and industry rank for Bentley Systems's Pretax Margin % or its related term are showing as below:
MEX:BSY'
s Pretax Margin % Range Over the Past 10 Years
Min: 9.67 Med: 17.72 Max: 23.35
Current: 22.98
MEX:BSY's Pretax Margin % is ranked better than 88.94% of 2821
companies
in the Software industry
Industry Median: 3.5
vs MEX:BSY: 22.98
Bentley Systems (MEX:BSY) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Bentley Systems Pretax Margin % Related Terms
Bentley Systems Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Bentley Systems's Pretax 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.
MEX:BSY vs HUBS, DOCU, FIG: Pretax Margin % Comparison
For the Software - Application subindustry, Bentley Systems's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Bentley Systems's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Bentley Systems's Pretax Margin % falls into.
* 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 (MEX:BSY) has a Pretax Margin % of 27.95% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Bentley Systems and its competitors. This is 58% above median its historical median of 17.72. Over the past decade, Bentley Systems' Pretax Margin % has ranged from 9.67 to 23.35. According to the industry distribution chart, Bentley Systems ranks #312 out of 2821 companies in the Software industry, placing it in the top 11.1%.
Is Bentley Systems' Pretax Margin % too high?
Bentley Systems' current Pretax Margin % of 27.95% is 58% above median its 10-year median of 17.72. Over the past 10 years, this metric has ranged from a low of 9.67 to a high of 23.35. The Software industry median Pretax Margin % is 3.50. Bentley Systems' value of 27.95% is 698.6% above this industry median. Based on the distribution chart, Bentley Systems ranks #312 out of 2821 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 72/100, reflecting its overall financial health beyond just this single metric.
How does Bentley Systems' Pretax Margin % compare to HUBS and DOCU?
According to the Software industry distribution chart, Bentley Systems ranks #312 out of 2821 companies for Pretax Margin %. This places Bentley Systems in the top 11% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.50. Bentley Systems' value of 27.95% is 698.6% above this benchmark. Historically, Bentley Systems' own Pretax Margin % has ranged from 9.67 to 23.35 over the past decade. While the company's 10-year median is 17.72 vs. the industry median of 3.50, 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 Pretax Margin % for a Software company?
The median Pretax Margin % among Software companies is 3.50, based on 2,821 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bentley Systems's current Pretax Margin % of 27.95% is 698.6% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Bentley Systems and its competitors. For the Software industry, the median Pretax Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bentley Systems's current Pretax Margin % is 27.95%, which is 58% above median its own 10-year median of 17.72. 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 Pretax Margin % of 27.95%. The stock's GF Value™ is MXN1,391.49, compared to a current price of MXN656.22 — trading 52.8% below its estimated fair value. The current Pretax Margin % is 27.95%, which is 58% above median its 10-year median of 17.72 and 698.6% above the Software industry median of 3.50. Bentley Systems' overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Bentley Systems (MEX:BSY), the current Pretax Margin % is 27.95% 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 52.8% below its estimated GF Value™ of MXN1,391.49.
Key valuation signals for MEX:BSY:
Pretax Margin %: 27.95% (58% above median its 10-year median of 17.72)
GF Value™: MXN1,391.49 vs. price of MXN656.22 (52.8% below fair value)
Industry Position: 698.6% above the Software median (#312 of 2821)
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 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.
72GF Score
Get the complete analysis for MEX:BSY
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:BSY has been successfully added to your 
