Bentley Systems, Incorporated (BSY) vs Dropbox, Inc. (DBX)

A side-by-side comparison of Bentley Systems, Incorporated and Dropbox, Inc. 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.

Compare

Total return — BSY vs DBX

growth of $100 · dividends reinvested · last 6y
BSY -1.1% (-0.2%/yr)DBX +76.7% (+10.0%/yr)DBX compounded faster over this window
100150200Start $100202120222023202420252026$99$177
BSY DBX

BSY vs DBX: by the numbers

  • •BSY is the larger company ($9.42B vs $8.63B market cap).
  • •DBX trades at the lower trailing earnings multiple (18.83 vs 35.81 P/E), one valuation lens rather than an overall verdict.
  • •BSY converts more revenue to profit (18.10% vs 17.49% net margin).
  • •BSY grew revenue faster over the past five years (13.03% vs 4.48% CAGR).
  • •BSY pays a dividend (0.87% yield), while DBX has no payments in the available dividend history.

Metrics side by side

Valuation

MetricBSYDBX
P/E ratio35.8118.83
Forward P/E23.0011.08
PEG ratio2.37N/A
P/S ratio5.883.41
P/B ratio7.84N/A
EV / EBITDA22.5613.97
FCF yield5.29%11.09%

Profitability

MetricBSYDBX
Gross margin81.84%79.72%
Operating margin23.59%26.49%
Net margin18.10%17.49%
ROE24.12%N/A
ROIC11.28%31.70%

Dividends

MetricBSYDBX
Dividend yield0.87%N/A
Payout ratio31.11%N/A

Growth (annualized)

MetricBSYDBX
Revenue CAGR (5Y)13.03%4.48%
EPS CAGR (5Y)14.87%N/A
FCF CAGR (5Y)13.91%7.39%
Total return CAGR (5Y)-11.65%2.86%

Frequently asked

Which has the lower trailing P/E, BSY or DBX?
DBX has the lower trailing P/E: BSY trades at 35.81 and DBX at 18.83. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BSY or DBX?
Over the past five years, BSY grew revenue faster — BSY at a 13.03% CAGR versus DBX at 4.48%.
Does BSY or DBX pay a bigger dividend?
BSY pays a dividend (0.87% yield), while DBX has no payments in the available dividend history.
Is BSY or DBX more profitable?
BSY runs the higher net margin — BSY at 18.10% versus DBX at 17.49%.
How have BSY and DBX total returns compared?
Over the past 5 years, BSY delivered -11.65% and DBX delivered 2.86% annualized total return. Past performance doesn't predict future results.

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.