Bentley Systems (BSY) vs Tyler Technologies (TYL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Bentley Systems (BSY) has outperformed Tyler Technologies (TYL) over the past year, losing 31.6% versus a loss of 36.0%. Over five years, TYL leads with a -34.2% price change compared with -39.4% for BSY. Tyler Technologies is the larger company by market cap ($13.51 billion vs $10.56 billion), about 1.3 times the size, while Bentley Systems is growing revenue faster (+11.0% vs +9.1%).
On valuation, Tyler Technologies trades at a lower forward P/E (21.5x vs 22.1x for Bentley Systems). Bentley Systems pays a dividend yielding 0.80%, while Tyler Technologies does not currently pay one. Bentley Systems converts more of its revenue into profit, with a net margin of 18.5% versus 13.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BSY | TYL |
|---|---|---|
| Share price | $34.94 | $329.95 |
| Market cap | $10.56B | $13.51B |
| 1-day change | +0.34% | -0.36% |
| YTD return | -8.76% | -27.05% |
| 1-year return | -31.60% | -36.02% |
| 5-year return | -39.38% | -34.24% |
| P/E ratio (TTM) | 38.40 | 43.41 |
| Forward P/E | 22.13 | 21.53 |
| EPS (TTM) | $0.91 | $7.60 |
| Dividend yield | 0.80% | 0.00% |
| Annual dividend | $0.28 | $0.00 |
| Revenue (latest FY) | $1.50B | $2.33B |
| Revenue growth (YoY) | +10.99% | +9.10% |
| Net income (latest FY) | $277.86M | $315.60M |
| Gross margin | 81.52% | 46.46% |
| Operating margin | 24.15% | 15.34% |
| Net margin | 18.50% | 13.53% |
| 52-week high | $52.85 | $524.43 |
| 52-week low | $28.08 | $270.71 |
| Distance from 52-week high | -33.89% | -37.08% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +25.73% | +28.05% |
| Average volume | 2.61M | 824.07K |
| Shares outstanding | 290.58M | 40.95M |
| Employees | 5,800 | 7,879 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
About Bentley Systems
BSY stock →Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling applications, such as MicroStation, OpenBridge, OpenBuildings, OpenFlows, OpenPlant, OpenRail, OpenRoads, OpenSite and OpenSite+, OpenTower, OpenTunnel, and OpenUtilities; and open simulation applications, including ADINA, AutoPIPE, LEGION, OpenPaths, Power Line Systems, RAM, SACS, SPIDA, and STAAD; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including AGS, Central, GeoStudio, Imago, Leapfrog, MX Deposit, Oasis montaj, OpenGround, and PLAXIS.
Technology · Computer Software: Prepackaged Software · 5,800 employees
About Tyler Technologies
TYL stock →Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States.
Technology · Computer Software: Prepackaged Software · 7,879 employees
BSY vs TYL FAQ
Which is bigger, Bentley Systems or Tyler Technologies?
Tyler Technologies (TYL) is larger, with a market capitalization of $13.51B compared with $10.56B for Bentley Systems (BSY).
Which stock has performed better over the past year, BSY or TYL?
BSY returned -31.60% over the past 12 months, compared with -36.02% for TYL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BSY or TYL?
BSY has the lower trailing P/E at 38.4, versus 43.4 for TYL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Bentley Systems or Tyler Technologies?
Bentley Systems pays a dividend yielding 0.80%, while Tyler Technologies does not currently pay a regular dividend.
Are Bentley Systems and Tyler Technologies in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.