Bentley Systems Inc (BSY)

Pretax margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	293,055	183,527	198,275	93,329	167,620
Revenue	US$ in thousands	1,353,100	1,228,410	1,099,080	965,046	801,544
Pretax margin		21.66%	14.94%	18.04%	9.67%	20.91%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $293,055K ÷ $1,353,100K
= 21.66%

Peer comparison

Dec 31, 2024

Company name

Symbol

Pretax margin

Bentley Systems Inc

BSY

21.66%

Guidewire Software Inc