Bentley Systems Inc (BSY)

Return on equity (ROE)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	234,787	326,787	174,780	93,192	126,521
Total stockholders’ equity	US$ in thousands	1,040,990	883,278	572,750	409,222	341,599
ROE		22.55%	37.00%	30.52%	22.77%	37.04%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $234,787K ÷ $1,040,990K
= 22.55%

Peer comparison

Dec 31, 2024

Company name

Symbol

ROE

Bentley Systems Inc

BSY

22.55%

Guidewire Software Inc