Bentley Systems price to free cash flow BSY
Market value divided by free cash flow over the last twelve months, since 2021.
- Today, Oct 23, 2026
- 24.1×
- 5-year median
- 37.5×
- Against its 5-year history
- 14th
- percentile: 0 is its lowest day, 100 its highest
- 5-year range
- 18.2× to 74.5×
- Peer median
- 18.4×
Bentley Systems' price to free cash flow is 24.1× as of Oct 23, 2026.
That is below its 5-year median of 37.5×, lower than on 86% of days in the last 5 years.
Over that time it ranged from 18.2× in Jun 2026 to 74.5× in Sep 2021.
The median for 10 infrastructure software stocks of a similar size is 18.4×.
Price to free cash flow over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 24.1× | 18.2× | 26.5× |
| 2025 | 25.7× | 25.7× | 40.7× |
| 2024 | 33.7× | 32.8× | 46.1× |
| 2023 | 45.2× | 34.1× | 48.8× |
| 2022 | 35.6× | 30.6× | 49.6× |
| 2021 | 49.5× | 47.7× | 74.5× |
Against its peers
Companies in Software - Infrastructure nearest Bentley Systems' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| BSYBentley Systems | 24.1× |
| PAYCPaycom Software | 21.5× |
| AKAMAkamai Technologies | 14.1× |
| MANHManhattan Associates | 34.8× |
| CACICaci International | 18.0× |
| GDDYGoDaddy | 8.4× |
| GENGen Digital | 9.6× |
| PCTYPaylocity | 18.9× |
| GWREGuidewire Software | 41.0× |
| DOCUDocusign | 13.3× |
| TYLTyler Technologies | 22.4× |
| Peer median | 18.4× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Bentley Systems
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.