BSY vs. SAIL: Bentley Systems vs. SailPoint Stock Comparison

November 11, 2026

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

Company profile comparison for Bentley Systems (BSY) and SailPoint (SAIL)
Profile Item	BSY	SAIL
Name	Bentley Systems, Incorporated Class B Common Stock	SailPoint, 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	10.97 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	September 23, 2020	February 13, 2025
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BSY

SAIL

GSPC

Bentley Systems (BSY) vs. SailPoint (SAIL), 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 SailPoint (SAIL). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Bentley Systems (BSY) and SailPoint (SAIL)
Metric	BSY	SAIL
Total Return (1Y)	-2.57%	0.45%
Total Return (3Y, Annualized)	-3.01%	--
Total Return (5Y, Annualized)	-5.13%	--

Risk Profile

Drawdown History

BSY

SAIL

GSPC

Bentley Systems (BSY) vs. SailPoint (SAIL), 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 SailPoint (SAIL). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

SailPoint (SAIL) carries a highly aggressive beta of 2.06, indicating much higher sensitivity to broad-market moves, whereas Bentley Systems (BSY) is closer to market-like at 0.92 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Bentley Systems (BSY) and SailPoint (SAIL)
Metric	BSY	SAIL
Volatility (1Y, Annualized)	41.49%	65.26%
Beta (5Y)	0.92	2.06
Max Drawdown (5Y)	-53.94%	-59.18%
Avg. Volume (3M)	2.67M	4.36M

Risk-Adjusted Performance

Risk-Return Positioning

BSY and SAIL 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 SailPoint (SAIL)
Metric	BSY	SAIL
Sharpe Ratio (1Y)	-0.17	-0.06
Sortino Ratio (1Y)	-0.25	-0.08

Profitability

ROE (TTM)

SailPoint (SAIL) reports a negative ROE of -2.88%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Bentley Systems (BSY) reports 26.03%, ranking against industry peers normally.

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%

SAIL

Software & Services industry group

-2.88%

Max: 53.85%
Q3: 17.90%
Median: 6.59%
SAIL: -2.88%
Q1: -9.59%
Min: -50.52%

Bentley Systems (BSY) vs. SailPoint (SAIL): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

SailPoint (SAIL) reports a negative net margin of -16.92%, usually indicating a net loss over the period. Meanwhile Bentley Systems (BSY) reports 19.57%, ranking against industry peers normally.

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%

SAIL

Software & Services industry group

-16.92%

Max: 41.17%
Q3: 15.28%
Median: 4.63%
Q1: -5.42%
SAIL: -16.92%
Min: -33.17%

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

Operating Margin (TTM)

SailPoint (SAIL) reports a negative operating margin of -18.85%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Bentley Systems (BSY) reports 29.81%, ranking against industry peers normally.

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%

SAIL

Software & Services industry group

-18.85%

Max: 46.89%
Q3: 17.64%
Median: 8.73%
Q1: -2.13%
SAIL: -18.85%
Min: -30.45%

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

Profitability Metrics

Profitability metrics for Bentley Systems (BSY) and SailPoint (SAIL)
Metric	BSY	SAIL
ROE (TTM)	26.03%	-2.88%
ROA (TTM)	7.73%	-1.83%
Net Margin (TTM)	19.57%	-16.92%
Operating Margin (TTM)	29.81%	-18.85%
Gross Margin (TTM)	82.37%	66.27%

Growth

Revenue Growth

Both Bentley Systems (BSY) at 10.99% and SailPoint (SAIL) at 24.35% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Bentley Systems (BSY) vs. SailPoint (SAIL): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Bentley Systems (BSY) reports EPS growth of 18.06%, ranked against its industry; SailPoint (SAIL) has no EPS growth figure this period.

Bentley Systems (BSY) vs. SailPoint (SAIL): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Bentley Systems (BSY) and SailPoint (SAIL)
Metric	BSY	SAIL
Revenue Growth (YoY)	10.99%	24.35%
Revenue Growth (3Y CAGR)	10.97%	--
EPS Growth (YoY)	18.06%	--
EPS Growth (3Y CAGR)	15.62%	--

Financial Strength

Current Ratio (MRQ)

SailPoint (SAIL) at 1.23 keeps current ratio within its industry’s typical mid-range, while Bentley Systems (BSY) at 0.65 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BSY.

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

SAIL

Software & Services industry group

1.23

Max: 5.11
Q3: 2.77
Median: 1.67
SAIL: 1.23
Q1: 1.01
Min: 0.03

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

Debt / Equity (MRQ)

SailPoint (SAIL) at 0.00 keeps leverage in the lower industry quartile, while Bentley Systems (BSY) at 0.94 runs a more typical debt-to-equity mix.

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

SAIL

Software & Services industry group

0.00

Max: 2.52
Q3: 1.13
Median: 0.40
Q1: 0.07
SAIL: 0.00
Min: 0.00

Bentley Systems (BSY) vs. SailPoint (SAIL): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Bentley Systems (BSY) and SailPoint (SAIL)
Metric	BSY	SAIL
Current Ratio (MRQ)	0.65	1.23
Debt / Equity (MRQ)	0.94	0.00
Net Debt / EBITDA	2.12	--

Dividends

Dividend Yield (TTM)

SailPoint (SAIL) 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%

SAIL

Software & Services industry group

0.00%

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

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

Dividend Payout Ratio (TTM)

SailPoint (SAIL) 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%

SAIL

Software & Services industry group

0.00%

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

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

Dividend Metrics

Dividend metrics for Bentley Systems (BSY) and SailPoint (SAIL)
Metric	BSY	SAIL
Dividend Yield (TTM)	0.62%	0.00%
Dividend Payout Ratio (TTM)	27.72%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Bentley Systems (BSY) trades at 44.21 times trailing earnings, ranked against its peers, while SailPoint (SAIL) has no P/E ratio this period.

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

SAIL

Software & Services industry group

Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69
SAIL: --

Bentley Systems (BSY) vs. SailPoint (SAIL): SAIL does not report P/E ratio, so it has no value marker; BSY is benchmarked against the Software & Services industry group.

P/S Ratio (TTM)

Bentley Systems (BSY) at 8.19 is priced about in line with its industry on P/S ratio, while SailPoint (SAIL) at 9.41 sits in the pricier quartile — SAIL costs more per dollar of sales.

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

SAIL

Software & Services industry group

9.41

Max: 17.91
SAIL: 9.41
Q3: 8.78
Median: 4.25
Q1: 2.23
Min: 0.02

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

P/B Ratio (MRQ)

SailPoint (SAIL) at 1.60 looks cheap against book in the lower P/B ratio quartile, while Bentley Systems (BSY) at 10.79 carries a premium in the upper quartile — a clear price-to-book gap.

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

SAIL

Software & Services industry group

1.60

Max: 16.63
Q3: 8.50
Median: 4.30
Q1: 1.92
SAIL: 1.60
Min: -3.90

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

Valuation Metrics

Valuation metrics for Bentley Systems (BSY) and SailPoint (SAIL)
Metric	BSY	SAIL
P/E Ratio (TTM)	44.21	--
P/S Ratio (TTM)	8.19	9.41
P/B Ratio (MRQ)	10.79	1.60
Free Cash Flow Yield (TTM)	2.74%	3.09%