• Bentley Systems average return on tangible equity for 2023 was -10.91, a 43.55% increase from 2022.
• Bentley Systems average return on tangible equity for 2022 was -7.6, a 68.79% increase from 2021.
• Bentley Systems average return on tangible equity for 2021 was -24.35, a 16.89% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.