Flagship explainer

What drives BENTLEY SYSTEMS, INCORPORATED’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity25%Tax burden79%net income ÷ pretax incomeInterest burden97%pretax ÷ operating incomeOperating margin24%operating income ÷ revenueAsset turnover0.43×revenue ÷ average assetsEquity multiplier3.12×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$278MFY2025
Income before tax$351MFY2025
Operating income$363MFY2025
$1.5BFY2025
Ending assets$3.6BFY2025
Beginning assets$3.4BFY2024
$1.2BFY2025
$1.0BFY2024
Source: · event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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