Bentley Systems Debt-to-Equity Ratio Growth & History (BSY)
Bentley Systems's debt-to-equity ratio was 1.08 for fiscal 2025.
View full Bentley Systems company overviewBentley Systems annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.08 | −0.29 | −21.18% |
| 2024 | 2024-12-31 | 1.37 | −0.41 | −22.93% |
| 2023 | 2023-12-31 | 1.78 | −1.40 | −44.06% |
| 2022 | 2022-12-31 | 3.18 | −0.46 | −12.62% |
| 2021 | 2021-12-31 | 3.64 | 2.78 | +321.76% |
| 2020 | 2020-12-31 | 0.86 | 0.16 | +23.49% |
| 2019 | 2019-12-31 | 0.70 | — | — |
Bentley Systems quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.05 | −0.05 | −4.48% |
| Q1 2026 | 2026-03-31 | 0.95 | −0.22 | −18.60% |
| Q4 2025 | 2025-12-31 | 1.08 | −0.29 | −21.18% |
| Q3 2025 | 2025-09-30 | 1.07 | −0.34 | −23.91% |
| Q2 2025 | 2025-06-30 | 1.10 | −0.29 | −20.85% |
| Q1 2025 | 2025-03-31 | 1.17 | −0.41 | −26.16% |
| Q4 2024 | 2024-12-31 | 1.37 | −0.41 | −22.93% |
| Q3 2024 | 2024-09-30 | 1.41 | −0.95 | −40.17% |
| Q2 2024 | 2024-06-30 | 1.39 | −1.22 | −46.62% |
| Q1 2024 | 2024-03-31 | 1.58 | −1.21 | −43.37% |
| Q4 2023 | 2023-12-31 | 1.78 | −1.40 | −44.06% |
| Q3 2023 | 2023-09-30 | 2.36 | −1.15 | −32.80% |
| Q2 2023 | 2023-06-30 | 2.61 | −1.17 | −30.87% |
| Q1 2023 | 2023-03-31 | 2.79 | −1.42 | −33.70% |
| Q4 2022 | 2022-12-31 | 3.18 | −0.46 | −12.62% |
| Q3 2022 | 2022-09-30 | 3.51 | −0.04 | −1.01% |
| Q2 2022 | 2022-06-30 | 3.78 | 0.98 | +34.80% |
| Q1 2022 | 2022-03-31 | 4.21 | — | — |
| Q4 2021 | 2021-12-31 | 3.64 | 2.78 | +321.76% |
| Q3 2021 | 2021-09-30 | 3.55 | −85.41 | −96.01% |
| Q2 2021 | 2021-06-30 | 2.80 | — | — |
| Q4 2020 | 2020-12-31 | 0.86 | 0.16 | +23.49% |
| Q3 2020 | 2020-09-30 | 88.96 | — | — |
| Q4 2019 | 2019-12-31 | 0.70 | — | — |
Bentley Systems debt-to-equity ratio trends
Over the last five fiscal years, Bentley Systems's debt-to-equity ratio increased from 0.86 to 1.08, a change of 0.22. The latest reported quarter, Q2 2026, shows 1.05.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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