BSY vs. FICO: Bentley Systems vs. Fair Isaac Stock Comparison

November 11, 2026

How do Bentley Systems (BSY) and Fair Isaac (FICO) 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 Fair Isaac (FICO) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.

Fair Isaac (FICO) has more than two decades of public-market history since July 22, 1987, whereas Bentley Systems (BSY) listed on September 23, 2020 and has a much shorter record to draw on.

Company profile comparison for Bentley Systems (BSY) and Fair Isaac (FICO)
Profile Item	BSY	FICO
Name	Bentley Systems, Incorporated Class B Common Stock	Fair Isaac Corp.
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	15.22 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	September 23, 2020	July 22, 1987
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BSY

FICO

GSPC

Bentley Systems (BSY) vs. Fair Isaac (FICO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Bentley Systems (BSY) and Fair Isaac (FICO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Bentley Systems (BSY) and Fair Isaac (FICO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Bentley Systems (BSY) and Fair Isaac (FICO)
Metric	BSY	FICO
Total Return (1Y)	-2.57%	-58.54%
Total Return (3Y, Annualized)	-3.01%	-9.17%
Total Return (5Y, Annualized)	-5.13%	12.31%

Risk Profile

Drawdown History

BSY

FICO

GSPC

Bentley Systems (BSY) vs. Fair Isaac (FICO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Bentley Systems (BSY) and Fair Isaac (FICO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Bentley Systems (BSY) and Fair Isaac (FICO)
Metric	BSY	FICO
Volatility (1Y, Annualized)	41.49%	63.29%
Beta (5Y)	0.92	1.33
Max Drawdown (5Y)	-53.94%	-75.13%
Avg. Volume (3M)	2.67M	759.34K

Risk-Adjusted Performance

Risk-Return Positioning

BSY and FICO are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Bentley Systems (BSY) and Fair Isaac (FICO)
Metric	BSY	FICO
Sharpe Ratio (1Y)	-0.17	-0.99
Sortino Ratio (1Y)	-0.25	-1.20

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Bentley Systems (BSY) earns 26.03% on shareholders’ equity, ranked against its industry; Fair Isaac (FICO) has no ROE this period.

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%

FICO

Software & Services industry group

Max: 53.85%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
Min: -50.52%
FICO: --

Bentley Systems (BSY) vs. Fair Isaac (FICO): FICO does not report ROE, so it has no value marker; BSY is benchmarked against the Software & Services industry group.

Net Margin (TTM)

For every dollar of sales, both Bentley Systems (BSY) at 19.57% and Fair Isaac (FICO) at 32.94% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

FICO

Software & Services industry group

32.94%

Max: 41.17%
FICO: 32.94%
Q3: 15.28%
Median: 4.63%
Q1: -5.42%
Min: -33.17%

Bentley Systems (BSY) vs. Fair Isaac (FICO): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Both Bentley Systems (BSY) at 29.81% and Fair Isaac (FICO) at 44.72% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

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%

FICO

Software & Services industry group

44.72%

Max: 46.89%
FICO: 44.72%
Q3: 17.64%
Median: 8.73%
Q1: -2.13%
Min: -30.45%

Bentley Systems (BSY) vs. Fair Isaac (FICO): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Bentley Systems (BSY) and Fair Isaac (FICO)
Metric	BSY	FICO
ROE (TTM)	26.03%	--
ROA (TTM)	7.73%	40.99%
Net Margin (TTM)	19.57%	32.94%
Operating Margin (TTM)	29.81%	44.72%
Gross Margin (TTM)	82.37%	86.13%

Growth

Revenue Growth

Fair Isaac (FICO) at 27.33% sits in the top revenue growth quartile, while Bentley Systems (BSY) at 10.99% is closer to the peer norm — faster top-line expansion for FICO.

Bentley Systems (BSY) vs. Fair Isaac (FICO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Bentley Systems (BSY) at 18.06% and Fair Isaac (FICO) at 36.85% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Bentley Systems (BSY) vs. Fair Isaac (FICO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Bentley Systems (BSY) and Fair Isaac (FICO)
Metric	BSY	FICO
Revenue Growth (YoY)	10.99%	27.33%
Revenue Growth (3Y CAGR)	10.97%	18.76%
EPS Growth (YoY)	18.06%	36.85%
EPS Growth (3Y CAGR)	15.62%	28.97%

Financial Strength

Current Ratio (MRQ)

Both Bentley Systems (BSY) at 0.65 and Fair Isaac (FICO) at 0.99 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

FICO

Software & Services industry group

0.99

Max: 5.11
Q3: 2.77
Median: 1.67
Q1: 1.01
FICO: 0.99
Min: 0.03

Bentley Systems (BSY) vs. Fair Isaac (FICO): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Bentley Systems (BSY) carries debt-to-equity ratio of 0.94 against its industry range, while Fair Isaac (FICO) reports no figure this period.

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

FICO

Software & Services industry group

Max: 2.52
Q3: 1.13
Median: 0.40
Q1: 0.07
Min: 0.00
FICO: --

Bentley Systems (BSY) vs. Fair Isaac (FICO): FICO does not report debt-to-equity ratio, so it has no value marker; BSY is benchmarked against the Software & Services industry group.

Financial Strength Metrics

Financial strength metrics for Bentley Systems (BSY) and Fair Isaac (FICO)
Metric	BSY	FICO
Current Ratio (MRQ)	0.65	0.99
Debt / Equity (MRQ)	0.94	--
Net Debt / EBITDA	2.12	3.86

Dividends

Dividend Yield (TTM)

Fair Isaac (FICO) 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%

FICO

Software & Services industry group

0.00%

FICO: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Bentley Systems (BSY) vs. Fair Isaac (FICO): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Fair Isaac (FICO) 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%

FICO

Software & Services industry group

0.00%

FICO: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Bentley Systems (BSY) vs. Fair Isaac (FICO): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Bentley Systems (BSY) and Fair Isaac (FICO)
Metric	BSY	FICO
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 Fair Isaac (FICO) at 19.40 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

FICO

Software & Services industry group

19.40

Max: 112.94
Q3: 60.32
Median: 32.91
FICO: 19.40
Q1: 18.77
Min: 6.69

Bentley Systems (BSY) vs. Fair Isaac (FICO): A comparison of their P/E ratio against the Software & Services industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Bentley Systems (BSY) at 8.19 and Fair Isaac (FICO) at 6.00 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

FICO

Software & Services industry group

6.00

Max: 17.91
Q3: 8.78
FICO: 6.00
Median: 4.25
Q1: 2.23
Min: 0.02

Bentley Systems (BSY) vs. Fair Isaac (FICO): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Fair Isaac (FICO) reports a negative P/B ratio of -3.90, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Bentley Systems (BSY) reports 10.79, ranking against industry peers normally.

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

FICO

Software & Services industry group

-3.90

Max: 16.63
Q3: 8.50
Median: 4.30
Q1: 1.92
FICO: -3.90
Min: -3.90

Bentley Systems (BSY) vs. Fair Isaac (FICO): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Bentley Systems (BSY) and Fair Isaac (FICO)
Metric	BSY	FICO
P/E Ratio (TTM)	44.21	19.40
P/S Ratio (TTM)	8.19	6.00
P/B Ratio (MRQ)	10.79	-3.90
Free Cash Flow Yield (TTM)	2.74%	6.54%