Bentley Systems, Incorporated (BSY) vs Cognex Corporation (CGNX)
A side-by-side comparison of Bentley Systems, Incorporated and Cognex Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 5, 2026. Differences are shown without an overall score or investment verdict.
BSY
Bentley Systems, Incorporated
$34.75TechnologyDelayed quote: Oct 5, 2026, 4:00 PM EDT
CGNX
Cognex Corporation
$64.37TechnologyDelayed quote: Oct 5, 2026, 4:00 PM EDT
Total return — BSY vs CGNX
growth of $100 · dividends reinvested · last 6yBSY +6.7% (+1.1%/yr)CGNX +4.7% (+0.8%/yr)BSY compounded faster over this window
BSY CGNX
BSY vs CGNX: by the numbers
- •CGNX is the larger company ($10.71B vs $10.16B market cap).
- •BSY trades at the lower trailing earnings multiple (38.61 vs 62.50 P/E), one valuation lens rather than an overall verdict.
- •BSY converts more revenue to profit (18.10% vs 16.05% net margin).
- •BSY grew revenue faster over the past five years (13.03% vs 2.07% CAGR).
- •BSY pays the higher dividend yield (0.81% vs 0.53%).
Metrics side by side
Valuation
| Metric | BSY | CGNX |
|---|---|---|
| P/E ratio | 38.61 | 62.50 |
| Forward P/E | 24.79 | 38.28 |
| PEG ratio | 2.55 | N/A |
| P/S ratio | 6.34 | 9.84 |
| P/B ratio | 8.45 | 6.57 |
| EV / EBITDA | 24.14 | 39.27 |
| FCF yield | 4.91% | 2.50% |
Profitability
| Metric | BSY | CGNX |
|---|---|---|
| Gross margin | 81.84% | 68.87% |
| Operating margin | 23.59% | 21.90% |
| Net margin | 18.10% | 16.05% |
| ROE | 24.12% | 10.73% |
| ROIC | 11.28% | 8.23% |
Dividends
| Metric | BSY | CGNX |
|---|---|---|
| Dividend yield | 0.81% | 0.53% |
| Payout ratio | 31.11% | 33.01% |
Growth (annualized)
| Metric | BSY | CGNX |
|---|---|---|
| Revenue CAGR (5Y) | 13.03% | 2.07% |
| EPS CAGR (5Y) | 14.87% | -7.79% |
| FCF CAGR (5Y) | 13.91% | 0.66% |
| Total return CAGR (5Y) | -9.51% | -3.81% |
Frequently asked
- Which has the lower trailing P/E, BSY or CGNX?
- BSY has the lower trailing P/E: BSY trades at 38.61 and CGNX at 62.50. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BSY or CGNX?
- Over the past five years, BSY grew revenue faster — BSY at a 13.03% CAGR versus CGNX at 2.07%.
- Does BSY or CGNX pay a bigger dividend?
- BSY yields 0.81% and CGNX yields 0.53% based on trailing dividends and the latest price.
- Is BSY or CGNX more profitable?
- BSY runs the higher net margin — BSY at 18.10% versus CGNX at 16.05%.
- How have BSY and CGNX total returns compared?
- Over the past 5 years, BSY delivered -9.51% and CGNX delivered -3.81% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Bentley Systems P/E ratioCognex P/E ratioBentley Systems dividend yieldCognex dividend yieldBentley Systems ROECognex ROEBentley Systems operating marginCognex operating marginBentley Systems revenue growthCognex revenue growthBentley Systems free cash flowCognex free cash flow
Bentley Systems & Cognex appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 5, 2026.