Which has the lower trailing P/E, BSY or ESTC?

ESTC has the lower trailing P/E: BSY trades at 35.81 and ESTC at 26.29. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, BSY or ESTC?

Over the past five years, ESTC grew revenue faster — BSY at a 13.03% CAGR versus ESTC at 21.79%.

Does BSY or ESTC pay a bigger dividend?

BSY pays a dividend (0.87% yield), while ESTC has no payments in the available dividend history.

Is BSY or ESTC more profitable?

ESTC runs the higher net margin — BSY at 18.10% versus ESTC at 20.84%.

How have BSY and ESTC total returns compared?

Over the past 5 years, BSY delivered -11.65% and ESTC delivered -9.06% annualized total return. Past performance doesn't predict future results.

Bentley Systems, Incorporated (BSY) vs Elastic N.V. (ESTC)

A side-by-side comparison of Bentley Systems, Incorporated and Elastic N.V. 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

$9.42B

$32.23TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

ESTC

Elastic N.V.

$9.77B

$93.94TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — BSY vs ESTC

growth of $100 · dividends reinvested · last 6y

BSY -1.1% (-0.2%/yr)ESTC -13.4% (-2.4%/yr)BSY compounded faster over this window

BSY ESTC

BSY vs ESTC: by the numbers

•ESTC is the larger company ($9.77B vs $9.42B market cap).
•ESTC trades at the lower trailing earnings multiple (26.29 vs 35.81 P/E), one valuation lens rather than an overall verdict.
•ESTC converts more revenue to profit (20.84% vs 18.10% net margin).
•ESTC grew revenue faster over the past five years (21.79% vs 13.03% CAGR).
•BSY pays a dividend (0.87% yield), while ESTC has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	BSY	ESTC
P/E ratio	35.81	26.29
Forward P/E	23.00	27.96
PEG ratio	2.37	N/A
P/S ratio	5.88	5.42
P/B ratio	7.84	7.53
EV / EBITDA	22.56	N/A
FCF yield	5.29%	3.57%

Profitability

Metric	BSY	ESTC
Gross margin	81.84%	75.50%
Operating margin	23.59%	-1.49%
Net margin	18.10%	20.84%
ROE	24.12%	28.97%
ROIC	11.28%	-1.37%

Dividends

Metric	BSY	ESTC
Dividend yield	0.87%	N/A
Payout ratio	31.11%	N/A

Growth (annualized)

Metric	BSY	ESTC
Revenue CAGR (5Y)	13.03%	21.79%
EPS CAGR (5Y)	14.87%	N/A
FCF CAGR (5Y)	13.91%	107.34%
Total return CAGR (5Y)	-11.65%	-9.06%

Frequently asked

Which has the lower trailing P/E, BSY or ESTC?: ESTC has the lower trailing P/E: BSY trades at 35.81 and ESTC at 26.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BSY or ESTC?: Over the past five years, ESTC grew revenue faster — BSY at a 13.03% CAGR versus ESTC at 21.79%.
Does BSY or ESTC pay a bigger dividend?: BSY pays a dividend (0.87% yield), while ESTC has no payments in the available dividend history.
Is BSY or ESTC more profitable?: ESTC runs the higher net margin — BSY at 18.10% versus ESTC at 20.84%.
How have BSY and ESTC total returns compared?: Over the past 5 years, BSY delivered -11.65% and ESTC delivered -9.06% annualized total return. Past performance doesn't predict future results.

Go deeper

Full BSY analysis Full ESTC analysis Interactive comparison tool

Dig into the metrics

Bentley Systems P/E ratio Elastic P/E ratio Bentley Systems dividend yield Bentley Systems ROE Elastic ROE Bentley Systems operating margin Elastic operating margin Bentley Systems revenue growth Elastic revenue growth Bentley Systems free cash flow Elastic free cash flow

Bentley Systems & Elastic appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest FCF Yield Stocks

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.