Cadence Design Systems, Inc. (CDNS) Stock

About Cadence Design Systems, Inc.

Cadence Design Systems, Inc. is led by CEO Anirudh Devgan, employs 12,837 people, headquartered in San Jose, US, publicly traded since 1987.

Cadence Design Systems, Inc. (CDNS) stock trades at $316.49 with a market capitalization of $87.16B. The stock is valued at a price-to-earnings (P/E) ratio of 64.45, price-to-book of 12.98, price-to-sales of 15.39. Over the past 52 weeks the stock has ranged between $262.75 and $416.69, and currently trades 24.0% below its 52-week high.

On profitability, Cadence Design Systems, Inc. generates a return on equity (ROE) of 22.88%, above the typical market range of roughly 12-15%, return on capital employed of 17.59%, an operating margin of 31.11%, a net profit margin of 23.61%.

In its most recent fiscal year, Cadence Design Systems, Inc. reported annual revenue of $5.3B, net profit of $1.1B. Over the last 5 fiscal years, revenue grew at an average annual rate of 14.6%, and net profit grew at an average annual rate of 13.4%.

The balance sheet shows a debt-to-equity ratio of 0.36 (debt below half of shareholders' equity), a current ratio of 2.86, total assets of $10.2B, $3.0B in cash and equivalents.

CDNS has an average daily trading volume of 2,380,129 shares, a beta of 1.14.

Cadence Design Systems, Inc. by the numbers, 2016–2025

Between 2016 and 2025 Cadence Design Systems, Inc. reported revenue of $1.8B rising to $5.3B, a change of +191.7% across 10 years. Compounded, revenue has grown 14.6% a year over five years, 14.1% over three, 14.1% over the last twelve months. Net profit rose to $1.1B.

Operating margin went from 13.5% in 2016 to 31.1% in 2025, a gain of 17.7 percentage points. The most recent net margin is 23.61%. On a trailing twelve-month basis to Jun '26, revenue is $5.8B and net profit $1.4B.

Borrowings rose from $693.0M to $2.5B, cash from operations was $1.7B in the latest year, positive in 10 of the last 10.

Return on equity has averaged 25.9% over five years, and was 20.3% in the most recent year.

The share price itself has compounded at 24.0% a year over five years, 21.2% over three, 14.8% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Cadence Design Systems, Inc. (CDNS) — frequently asked questions