The historical rank and industry rank for Bentley Systems's Gross Margin % or its related term are showing as below:
BSY'
s Gross Margin % Range Over the Past 10 Years
Min: 77.56 Med: 78.8 Max: 81.01
Current: 78.34
During the past 6 years, the highestGross Margin % of Bentley Systems was 81.01%. The lowest was 77.56%. And the median was 78.80%.
BSY's Gross Margin % is ranked better than 85.88% of 2627
companies
in the Software industry
Industry Median: 41.72
vs BSY: 78.34
Bentley Systems had a gross margin of 78.18% for the quarter that ended in Dec. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Bentley Systems was -0.80% per year.
Bentley Systems Gross Margin % Historical Data
The historical data trend for Bentley Systems's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Bentley Systems's Gross Margin %
For the Software - Application subindustry, Bentley Systems's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bentley Systems's Gross Margin % Distribution in the Software Industry
For the Software industry and Technology sector, Bentley Systems's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bentley Systems's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Bentley Systems (NAS:BSY) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Bentley Systems had a gross margin of 78.18% for the quarter that ended in Dec. 2023 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Bentley Systems Gross Margin % Related Terms
Thank you for viewing the detailed overview of Bentley Systems's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bentley Systems (Bentley Systems) Business Description
Bentley Systems is a software vendor that caters to engineers, architects, constructors, and geospatial professionals by enabling design, modeling, simulation and project, and data management of infrastructure assets. The firm delivers solutions via the cloud, desktop, and hybrid environments. While Bentley is relatively small in comparison with peers like Autodesk, it shines in core specialty areas, like bridge or rail design, as opposed to being more broad-based in its applications. As of fiscal 2022, approximately 58% of revenue is derived from outside the U.S. (with 28% of revenue coming from EMEA and 18% coming from APAC as of fiscal 2022). Bentley's largest end market is the public works and utilities sector, which represents approximately two thirds of revenue.
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