ARM vs. BSY: A Head-to-Head Stock Comparison

Updated on August 27, 2025

Here’s a clear look at ARM and BSY, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

ARM trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, BSY is a standard domestic listing.

Symbol	ARM	BSY
Company Name	Arm Holdings plc	Bentley Systems, Incorporated
Country	United Kingdom	United States
GICS Sector	Information Technology	Information Technology
GICS Industry	Semiconductors & Semiconductor Equipment	Software
Market Capitalization	145.94 billion USD	16.38 billion USD
Exchange	NasdaqGS	NasdaqGS
Listing Date	September 14, 2023	September 23, 2020
Security Type	ADR	Common Stock

Historical Performance

This chart compares the performance of ARM and BSY by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

ARM vs. BSY: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	ARM	BSY
5-Day Price Return	2.81%	0.99%
13-Week Price Return	6.57%	13.22%
26-Week Price Return	-10.74%	13.72%
52-Week Price Return	6.21%	8.16%
Month-to-Date Return	-2.54%	-6.95%
Year-to-Date Return	11.69%	15.52%
10-Day Avg. Volume	3.92M	1.50M
3-Month Avg. Volume	4.94M	1.64M
3-Month Volatility	46.77%	20.11%
Beta	2.73	1.10

Profitability

Return on Equity (TTM)

ARM

10.64%

Semiconductors & Semiconductor Equipment Industry

Max: 52.74%
Q3: 23.49%
Median: 11.60%
Q1: 3.23%
Min: -20.69%

ARM’s Return on Equity of 10.64% is on par with the norm for the Semiconductors & Semiconductor Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.

BSY

23.47%

Software Industry

Max: 59.01%
Q3: 21.98%
Median: 7.15%
Q1: -11.12%
Min: -51.24%

In the upper quartile for the Software industry, BSY’s Return on Equity of 23.47% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

ARM vs. BSY: A comparison of their Return on Equity (TTM) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Net Profit Margin (TTM)

ARM

16.96%

Semiconductors & Semiconductor Equipment Industry

Max: 44.17%
Q3: 22.38%
Median: 11.95%
Q1: 3.21%
Min: -25.16%

ARM’s Net Profit Margin of 16.96% is aligned with the median group of its peers in the Semiconductors & Semiconductor Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.

BSY

17.91%

Software Industry

Max: 48.14%
Q3: 18.23%
Median: 5.60%
Q1: -9.22%
Min: -49.36%

BSY’s Net Profit Margin of 17.91% is aligned with the median group of its peers in the Software industry. This indicates its ability to convert revenue into profit is typical for the sector.

ARM vs. BSY: A comparison of their Net Profit Margin (TTM) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Operating Profit Margin (TTM)

ARM

18.51%

Semiconductors & Semiconductor Equipment Industry

Max: 58.03%
Q3: 27.84%
Median: 12.45%
Q1: 5.15%
Min: -28.61%

ARM’s Operating Profit Margin of 18.51% is around the midpoint for the Semiconductors & Semiconductor Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.

BSY

23.22%

Software Industry

Max: 57.34%
Q3: 20.60%
Median: 7.84%
Q1: -8.72%
Min: -51.37%

An Operating Profit Margin of 23.22% places BSY in the upper quartile for the Software industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

ARM vs. BSY: A comparison of their Operating Profit Margin (TTM) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Profitability at a Glance

Symbol	ARM	BSY
Return on Equity (TTM)	10.64%	23.47%
Return on Assets (TTM)	8.01%	7.47%
Net Profit Margin (TTM)	16.96%	17.91%
Operating Profit Margin (TTM)	18.51%	23.22%
Gross Profit Margin (TTM)	97.14%	81.18%

Financial Strength

Current Ratio (MRQ)

ARM

4.99

Semiconductors & Semiconductor Equipment Industry

Max: 8.42
Q3: 4.70
Median: 2.75
Q1: 2.07
Min: 1.04

ARM’s Current Ratio of 4.99 is in the upper quartile for the Semiconductors & Semiconductor Equipment industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

BSY

0.51

Software Industry

Max: 3.83
Q3: 2.31
Median: 1.45
Q1: 1.03
Min: 0.24

BSY’s Current Ratio of 0.51 falls into the lower quartile for the Software industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

ARM vs. BSY: A comparison of their Current Ratio (MRQ) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Debt-to-Equity Ratio (MRQ)

ARM

0.00

Semiconductors & Semiconductor Equipment Industry

Max: 1.09
Q3: 0.45
Median: 0.22
Q1: 0.01
Min: 0.00

Falling into the lower quartile for the Semiconductors & Semiconductor Equipment industry, ARM’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

BSY

1.07

Software Industry

Max: 2.14
Q3: 0.90
Median: 0.29
Q1: 0.00
Min: 0.00

BSY’s leverage is in the upper quartile of the Software industry, with a Debt-to-Equity Ratio of 1.07. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

ARM vs. BSY: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Interest Coverage Ratio (TTM)

ARM

6.95

Semiconductors & Semiconductor Equipment Industry

Max: 174.00
Q3: 81.10
Median: 27.22
Q1: 7.28
Min: -4.26

In the lower quartile for the Semiconductors & Semiconductor Equipment industry, ARM’s Interest Coverage Ratio of 6.95 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

BSY

15.21

Software Industry

Max: 67.02
Q3: 19.86
Median: 0.70
Q1: -12.50
Min: -53.00

BSY’s Interest Coverage Ratio of 15.21 is positioned comfortably within the norm for the Software industry, indicating a standard and healthy capacity to cover its interest payments.

ARM vs. BSY: A comparison of their Interest Coverage Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Financial Strength at a Glance

Symbol	ARM	BSY
Current Ratio (MRQ)	4.99	0.51
Quick Ratio (MRQ)	4.77	0.44
Debt-to-Equity Ratio (MRQ)	0.00	1.07
Interest Coverage Ratio (TTM)	6.95	15.21

Growth

Revenue Growth

ARM vs. BSY: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

ARM vs. BSY: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

ARM

0.00%

Semiconductors & Semiconductor Equipment Industry

Max: 4.16%
Q3: 1.78%
Median: 0.74%
Q1: 0.00%
Min: 0.00%

ARM currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

BSY

0.48%

Software Industry

Max: 0.08%
Q3: 0.03%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

BSY’s Dividend Yield of 0.48% is exceptionally high, placing it well above the typical range for the Software industry. While this may seem attractive, an unusually high yield can sometimes be a warning sign, reflecting a falling stock price or market concerns about the dividend’s sustainability.

ARM vs. BSY: A comparison of their Dividend Yield (TTM) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Dividend Payout Ratio (TTM)

ARM

0.00%

Semiconductors & Semiconductor Equipment Industry

Max: 196.12%
Q3: 87.72%
Median: 26.57%
Q1: 0.00%
Min: 0.00%

ARM has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

BSY

30.97%

Software Industry

Max: 1.32%
Q3: 0.53%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

At 30.97%, BSY’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Software industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

ARM vs. BSY: A comparison of their Dividend Payout Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Dividend at a Glance

Symbol	ARM	BSY
Dividend Yield (TTM)	0.00%	0.48%
Dividend Payout Ratio (TTM)	0.00%	30.97%

Valuation

Price-to-Earnings Ratio (TTM)

ARM

203.03

Semiconductors & Semiconductor Equipment Industry

Max: 109.37
Q3: 57.11
Median: 28.95
Q1: 22.13
Min: 11.14

At 203.03, ARM’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Semiconductors & Semiconductor Equipment industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

BSY

63.90

Software Industry

Max: 149.35
Q3: 100.21
Median: 47.97
Q1: 26.77
Min: 11.68

BSY’s P/E Ratio of 63.90 is within the middle range for the Software industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

ARM vs. BSY: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Price-to-Sales Ratio (TTM)

ARM

34.44

Semiconductors & Semiconductor Equipment Industry

Max: 16.09
Q3: 10.10
Median: 4.82
Q1: 2.60
Min: 0.93

With a P/S Ratio of 34.44, ARM trades at a valuation that eclipses even the highest in the Semiconductors & Semiconductor Equipment industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

BSY

11.45

Software Industry

Max: 25.24
Q3: 13.52
Median: 8.15
Q1: 4.87
Min: 0.98

BSY’s P/S Ratio of 11.45 aligns with the market consensus for the Software industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

ARM vs. BSY: A comparison of their Price-to-Sales Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Price-to-Book Ratio (MRQ)

ARM

24.45

Semiconductors & Semiconductor Equipment Industry

Max: 13.56
Q3: 6.75
Median: 3.68
Q1: 1.89
Min: 0.60

At 24.45, ARM’s P/B Ratio is at an extreme premium to the Semiconductors & Semiconductor Equipment industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

BSY

14.09

Software Industry

Max: 30.95
Q3: 14.91
Median: 7.75
Q1: 3.60
Min: 0.38

BSY’s P/B Ratio of 14.09 is within the conventional range for the Software industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

ARM vs. BSY: A comparison of their Price-to-Book Ratio (MRQ) against their respective Semiconductors & Semiconductor Equipment and Software industry benchmarks.

Valuation at a Glance

Symbol	ARM	BSY
Price-to-Earnings Ratio (TTM)	203.03	63.90
Price-to-Sales Ratio (TTM)	34.44	11.45
Price-to-Book Ratio (MRQ)	24.45	14.09
Price-to-Free Cash Flow Ratio (TTM)	199.60	37.46