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Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California. more
Time Frame | CDNS | Sector | S&P500 |
---|---|---|---|
1-Week Return | -2.71% | -2.43% | -2.97% |
1-Month Return | 0.08% | 0.39% | -0.66% |
3-Month Return | 6.96% | 3.85% | 2.71% |
6-Month Return | -5.86% | 1.5% | 7.21% |
1-Year Return | 9.31% | 20.59% | 23.04% |
3-Year Return | 69.11% | 40.27% | 28.43% |
5-Year Return | 330.35% | 156% | 82.88% |
10-Year Return | 1479.51% | 458.67% | 184.63% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 2.34B | 2.68B | 2.99B | 3.56B | 4.09B | [{"date":"2019-12-31","value":57.12,"profit":true},{"date":"2020-12-31","value":65.6,"profit":true},{"date":"2021-12-31","value":73.06,"profit":true},{"date":"2022-12-31","value":87.08,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Cost of Revenue | 266.36M | 305.50M | 307.01M | 371.62M | 435.04M | [{"date":"2019-12-31","value":61.23,"profit":true},{"date":"2020-12-31","value":70.22,"profit":true},{"date":"2021-12-31","value":70.57,"profit":true},{"date":"2022-12-31","value":85.42,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Gross Profit | 2.07B | 2.38B | 2.68B | 3.19B | 3.65B | [{"date":"2019-12-31","value":56.63,"profit":true},{"date":"2020-12-31","value":65.05,"profit":true},{"date":"2021-12-31","value":73.36,"profit":true},{"date":"2022-12-31","value":87.28,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Gross Margin | 88.60% | 88.61% | 89.73% | 89.57% | 89.36% | [{"date":"2019-12-31","value":98.74,"profit":true},{"date":"2020-12-31","value":98.76,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":99.82,"profit":true},{"date":"2023-12-31","value":99.6,"profit":true}] |
Operating Expenses | 1.57B | 1.72B | 1.90B | 2.12B | 2.40B | [{"date":"2019-12-31","value":65.3,"profit":true},{"date":"2020-12-31","value":71.67,"profit":true},{"date":"2021-12-31","value":79.18,"profit":true},{"date":"2022-12-31","value":88.04,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Income | 491.80M | 645.55M | 779.09M | 1.07B | 1.25B | [{"date":"2019-12-31","value":39.31,"profit":true},{"date":"2020-12-31","value":51.59,"profit":true},{"date":"2021-12-31","value":62.27,"profit":true},{"date":"2022-12-31","value":85.81,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Total Non-Operating Income/Expense | (22.15M) | (29.74M) | (25.00M) | (41.16M) | 21.83M | [{"date":"2019-12-31","value":-101.44,"profit":false},{"date":"2020-12-31","value":-136.19,"profit":false},{"date":"2021-12-31","value":-114.5,"profit":false},{"date":"2022-12-31","value":-188.5,"profit":false},{"date":"2023-12-31","value":100,"profit":true}] |
Pre-Tax Income | 478.97M | 632.75M | 768.43M | 1.05B | 1.28B | [{"date":"2019-12-31","value":37.36,"profit":true},{"date":"2020-12-31","value":49.36,"profit":true},{"date":"2021-12-31","value":59.94,"profit":true},{"date":"2022-12-31","value":81.55,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income Taxes | (510.01M) | 42.10M | 72.48M | 196.41M | 240.78M | [{"date":"2019-12-31","value":-211.81,"profit":false},{"date":"2020-12-31","value":17.49,"profit":true},{"date":"2021-12-31","value":30.1,"profit":true},{"date":"2022-12-31","value":81.57,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income After Taxes | 988.98M | 590.64M | 695.96M | 848.95M | 1.04B | [{"date":"2019-12-31","value":94.99,"profit":true},{"date":"2020-12-31","value":56.73,"profit":true},{"date":"2021-12-31","value":66.85,"profit":true},{"date":"2022-12-31","value":81.54,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income From Continuous Operations | 988.98M | 590.64M | 695.96M | 848.95M | 957.64M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":59.72,"profit":true},{"date":"2021-12-31","value":70.37,"profit":true},{"date":"2022-12-31","value":85.84,"profit":true},{"date":"2023-12-31","value":96.83,"profit":true}] |
Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Net Income | 988.98M | 590.64M | 695.96M | 848.95M | 1.04B | [{"date":"2019-12-31","value":94.99,"profit":true},{"date":"2020-12-31","value":56.73,"profit":true},{"date":"2021-12-31","value":66.85,"profit":true},{"date":"2022-12-31","value":81.54,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
EPS (Diluted) | 2.19 | 2.79 | 3.31 | 4.27 | 5.15 | [{"date":"2019-12-31","value":42.52,"profit":true},{"date":"2020-12-31","value":54.17,"profit":true},{"date":"2021-12-31","value":64.27,"profit":true},{"date":"2022-12-31","value":82.91,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
CDNS | |
---|---|
Cash Ratio | 1.66 |
Current Ratio | 2.45 |
Quick Ratio | 2.27 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
CDNS | |
---|---|
ROA (LTM) | 10.87% |
ROE (LTM) | 27.07% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
CDNS | |
---|---|
Debt Ratio Lower is generally better. Negative is bad. | 0.50 |
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.50 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
CDNS | |
---|---|
Trailing PE | 79.27 |
Forward PE | 45.25 |
P/S (TTM) | 18.98 |
P/B | 18.71 |
Price/FCF | 215 |
EV/R | 19.62 |
EV/Ebitda | 54.79 |
PEG | 3.29 |
Cadence Design Systems Inc (CDNS) share price today is $299.87
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The 52-week high price of Cadence Design Systems Inc (CDNS) is $328.99. The 52-week low price of Cadence Design Systems Inc (CDNS) is $241.29.
The price-to-earnings (P/E) ratio of Cadence Design Systems Inc (CDNS) is 79.2737
The price-to-book (P/B) ratio of Cadence Design Systems Inc (CDNS) is 18.71
The dividend yield of Cadence Design Systems Inc (CDNS) is 0.00%
The market capitalization of Cadence Design Systems Inc (CDNS) is $82.62B
The stock symbol (or ticker) of Cadence Design Systems Inc is CDNS