BSY vs. DOCU: Bentley Systems vs. DocuSign Stock Comparison
How do Bentley Systems (BSY) and DocuSign (DOCU) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Bentley Systems (BSY) and DocuSign (DOCU) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
| Profile Item | BSY | DOCU |
|---|---|---|
| Name | Bentley Systems, Incorporated Class B Common Stock | DocuSign Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 13.50 billion USD | 14.51 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | September 23, 2020 | April 27, 2018 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BSY | DOCU |
|---|---|---|
| Total Return (1Y) | -2.57% | 12.03% |
| Total Return (3Y, Annualized) | -3.01% | 24.94% |
| Total Return (5Y, Annualized) | -5.13% | -22.27% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BSY | DOCU |
|---|---|---|
| Volatility (1Y, Annualized) | 41.49% | 48.32% |
| Beta (5Y) | 0.92 | 0.79 |
| Max Drawdown (5Y) | -53.94% | -86.00% |
| Avg. Volume (3M) | 2.67M | 2.99M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BSY | DOCU |
|---|---|---|
| Sharpe Ratio (1Y) | -0.17 | 0.16 |
| Sortino Ratio (1Y) | -0.25 | 0.23 |
Profitability
ROE (TTM)
Bentley Systems (BSY) at 26.03% sits in the top ROE quartile, while DocuSign (DOCU) at 17.80% is closer to the peer norm — stronger capital efficiency for BSY.
BSY
Software & Services industry group
26.03%
- Max
- 53.85%
- BSY
- 26.03%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
DOCU
Software & Services industry group
17.80%
- Max
- 53.85%
- Q3
- 17.90%
- DOCU
- 17.80%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Bentley Systems (BSY) at 19.57% retains a top-quartile share of revenue as profit, ahead of DocuSign (DOCU) at 9.82%, which keeps about the industry-typical share.
BSY
Software & Services industry group
19.57%
- Max
- 41.17%
- BSY
- 19.57%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
DOCU
Software & Services industry group
9.82%
- Max
- 41.17%
- Q3
- 15.28%
- DOCU
- 9.82%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Bentley Systems (BSY) at 29.81% operates in the top operating margin quartile, ahead of DocuSign (DOCU) at 13.43%, which runs around its industry’s norm.
BSY
Software & Services industry group
29.81%
- Max
- 46.89%
- BSY
- 29.81%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
DOCU
Software & Services industry group
13.43%
- Max
- 46.89%
- Q3
- 17.64%
- DOCU
- 13.43%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | BSY | DOCU |
|---|---|---|
| ROE (TTM) | 26.03% | 17.80% |
| ROA (TTM) | 7.73% | 6.35% |
| Net Margin (TTM) | 19.57% | 9.82% |
| Operating Margin (TTM) | 29.81% | 13.43% |
| Gross Margin (TTM) | 82.37% | 79.61% |
Growth
Revenue Growth
Both Bentley Systems (BSY) at 10.99% and DocuSign (DOCU) at 8.16% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Bentley Systems (BSY) at 18.06% is around its peer norm for EPS growth, while DocuSign (DOCU) at -70.87% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | BSY | DOCU |
|---|---|---|
| Revenue Growth (YoY) | 10.99% | 8.16% |
| Revenue Growth (3Y CAGR) | 10.97% | 8.57% |
| EPS Growth (YoY) | 18.06% | -70.87% |
| EPS Growth (3Y CAGR) | 15.62% | -- |
Financial Strength
Current Ratio (MRQ)
Both Bentley Systems (BSY) at 0.65 and DocuSign (DOCU) at 0.64 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
BSY
Software & Services industry group
0.65
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- BSY
- 0.65
- Min
- 0.03
DOCU
Software & Services industry group
0.64
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- DOCU
- 0.64
- Min
- 0.03
Debt / Equity (MRQ)
Both Bentley Systems (BSY) at 0.94 and DocuSign (DOCU) at 0.11 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
BSY
Software & Services industry group
0.94
- Max
- 2.52
- Q3
- 1.13
- BSY
- 0.94
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
DOCU
Software & Services industry group
0.11
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- DOCU
- 0.11
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | BSY | DOCU |
|---|---|---|
| Current Ratio (MRQ) | 0.65 | 0.64 |
| Debt / Equity (MRQ) | 0.94 | 0.11 |
| Net Debt / EBITDA | 2.12 | -1.35 |
Dividends
Dividend Yield (TTM)
DocuSign (DOCU) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bentley Systems (BSY) reports a yield of 0.62%, ranking against industry peers normally.
BSY
Software & Services industry group
0.62%
- BSY
- 0.62%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
DOCU
Software & Services industry group
0.00%
- DOCU
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
DocuSign (DOCU) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bentley Systems (BSY) reports a payout of 27.72%, ranking against industry peers normally.
BSY
Software & Services industry group
27.72%
- BSY
- 27.72%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
DOCU
Software & Services industry group
0.00%
- DOCU
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BSY | DOCU |
|---|---|---|
| Dividend Yield (TTM) | 0.62% | 0.00% |
| Dividend Payout Ratio (TTM) | 27.72% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Bentley Systems (BSY) at 44.21 and DocuSign (DOCU) at 47.32 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
BSY
Software & Services industry group
44.21
- Max
- 112.94
- Q3
- 60.32
- BSY
- 44.21
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
DOCU
Software & Services industry group
47.32
- Max
- 112.94
- Q3
- 60.32
- DOCU
- 47.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
On P/S ratio, both Bentley Systems (BSY) at 8.19 and DocuSign (DOCU) at 4.32 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
BSY
Software & Services industry group
8.19
- Max
- 17.91
- Q3
- 8.78
- BSY
- 8.19
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
DOCU
Software & Services industry group
4.32
- Max
- 17.91
- Q3
- 8.78
- DOCU
- 4.32
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
DocuSign (DOCU) at 8.50 is valued about in line with its industry on P/B ratio, while Bentley Systems (BSY) at 10.79 carries an above-peer premium to book — BSY is pricier on assets.
BSY
Software & Services industry group
10.79
- Max
- 16.63
- BSY
- 10.79
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
DOCU
Software & Services industry group
8.50
- Max
- 16.63
- DOCU
- 8.50
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | BSY | DOCU |
|---|---|---|
| P/E Ratio (TTM) | 44.21 | 47.32 |
| P/S Ratio (TTM) | 8.19 | 4.32 |
| P/B Ratio (MRQ) | 10.79 | 8.50 |
| Free Cash Flow Yield (TTM) | 2.74% | 9.05% |