US-listed companies
BENTLEY SYSTEMS INC

BENTLEY SYSTEMS INCBSY

Market cap

$14.9B

P/E ratio

45.5x

Income statement Balance sheet Cash flow

	Dec 31, 2020	Mar 31, 2021	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Cash and cash equivalents	122	570	329	72	68
Accounts receivable	196	190	242	296	303
Allowance for doubtful accounts	6	6	7	9	9
Prepaid Taxes	4	4	17	18	13
Prepaid and other current assets	25	25	34	39	45
Total current assets	340	782	616	416	420
Property and equipment, net	28	28	32	32	40
Operating lease right-of-use assets	46	42	51	40	38
Intangible assets, net	46	54	246	292	249
Goodwill	581	623	1,588	2,237	2,269
Investments	6	5	6	22	23
Deferred income taxes	39	42	71	53	213
Other assets	40	52	49	72	67
Total assets	1,126	1,627	2,659	3,165	3,320
Cash and cash equivalents	122	570	329	72	68
Accounts receivable	196	190	242	296	303
Allowance for doubtful accounts	6	6	7	9	9
Prepaid Taxes	4	4	17	18	13
Prepaid and other current assets	25	25	34	39	45
Total current assets	340	782	616	416	420
Property and equipment, net	28	28	32	32	40
Operating lease right-of-use assets	46	42	51	40	38
Intangible assets, net	46	54	246	292	249
Goodwill	581	623	1,588	2,237	2,269
Investments	6	5	6	22	23
Deferred income taxes	39	42	71	53	213
Other assets	40	52	49	72	67
Total assets	1,126	1,627	2,659	3,165	3,320
Accounts payable	16	16	16	15	18
Accrued Liabilities, Current	227	296	324	362	457
Deferred revenues	202	186	225	227	254
Operating lease liabilities	17	16	17	15	12
Income taxes payable	3	12	7	5	9
Current portion of long-term debt	-	-	5	5	10
Total current liabilities	466	526	594	628	760
Long-term debt	246	673	1,431	1,776	1,518
Deferred compensation plan liabilities	-	-	95	77	88
Long-term operating lease liabilities	32	28	35	28	31
Deferred revenues	7	7	8	16	16
Deferred income taxes	11	14	65	51	10
Income taxes payable	8	8	8	8	7
Other liabilities	15	17	14	7	5
Total liabilities	784	1,273	2,250	2,592	2,436
Class B Common Stock	-	-	-	-	3
Class A Common Stock	-	-	-	-	0
Common stock	3	3	3	3	-
Additional paid-in capital	741	733	938	1,030	1,127
Accumulated other comprehensive loss	-26	-35	-92	-90	-85
Accumulated deficit	-376	-346	-440	-371	-162
Non-controlling interest	-	-	-	1	1
Total stockholders’ equity	-	-	-	573	884
Total liabilities and stockholders’ equity	1,126	1,627	2,659	3,165	3,320
Accounts payable	16	16	16	15	18
Accrued Liabilities, Current	227	296	324	362	457
Deferred revenues	202	186	225	227	254
Operating lease liabilities	17	16	17	15	12
Income taxes payable	3	12	7	5	9
Current portion of long-term debt	-	-	5	5	10
Total current liabilities	466	526	594	628	760
Long-term debt	246	673	1,431	1,776	1,518
Deferred compensation plan liabilities	-	-	95	77	88
Long-term operating lease liabilities	32	28	35	28	31
Deferred revenues	7	7	8	16	16
Deferred income taxes	11	14	65	51	10
Income taxes payable	8	8	8	8	7
Other liabilities	15	17	14	7	5
Total liabilities	784	1,273	2,250	2,592	2,436
Class B Common Stock	-	-	-	-	3
Class A Common Stock	-	-	-	-	0
Common stock	3	3	3	3	-
Additional paid-in capital	741	733	938	1,030	1,127
Accumulated other comprehensive loss	-26	-35	-92	-90	-85
Accumulated deficit	-376	-346	-440	-371	-162
Non-controlling interest	-	-	-	1	1
Total stockholders’ equity	-	-	-	573	884
Total liabilities and stockholders’ equity	1,126	1,627	2,659	3,165	3,320