← CADENCE DESIGN SYSTEMS INC CDNS
Market Price
$324.83
Market Cap
$89.30B
P/E Ratio
80.01
Revenue (FY 2025)
↑14.1% YoY
$5.30B
3-Yr CAGR: 14.1%
Net Income
↑5.1% YoY
$1.11B
Net Margin: 20.9%
Free Cash Flow
↑41.9% YoY
$1.59B
FCF Yield: 1.78%
EPS (Diluted)
↑5.5% YoY
$4.06
Basic: $4.09
Return on Equity
Efficiency
20.3%
ROA: 10.9%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (CDNS)
All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
- FY 2021: Revenue YoY (+0.0%) is identical to Gross Profit YoY (+0.0%). Verify the underlying Revenue and Gross Profit values for FY 2021 and FY 2020.
- FY 2021: Revenue YoY (+0.0%) is identical to Net Income YoY (+0.0%). Verify the underlying Revenue and Net Income values for FY 2021 and FY 2020.
| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $1,816.1M | — | $1,792.4M | $203.1M | — | $0.70 | — | $444.9M | $391.2M | — |
| FY 2017 | $1,943.0M | +7.0% | $1,917.4M | $204.1M | +0.5% | $0.73 | +4.3% | $470.7M | $412.8M | +5.5% |
| FY 2018 | $2,138.0M | +10.0% | $2,114.9M | $345.8M | +69.4% | $1.23 | +68.5% | $604.8M | $543.2M | +31.6% |
| FY 2019 | $2,336.3M | +9.3% | $2,317.5M | $989.0M | +186.0% | $3.53 | +187.0% | $729.6M | $655.0M | +20.6% |
| FY 2020 | $2,682.9M | +14.8% | $2,662.1M | $590.6M | -40.3% | $2.11 | -40.2% | $904.9M | $810.1M | +23.7% |
| FY 2021 | $2,682.9M | 0.0% | $2,662.1M | $590.6M | 0.0% | $2.11 | 0.0% | $904.9M | $810.1M | 0.0% |
| FY 2022 | $3,561.7M | +32.8% | $3,538.8M | $849.0M | +43.7% | $3.09 | +46.4% | $1,241.9M | $1,118.7M | +38.1% |
| FY 2023 | $4,090.0M | +14.8% | $4,053.8M | $1,041.1M | +22.6% | $3.82 | +23.6% | $1,349.2M | $1,246.8M | +11.5% |
| FY 2024 | $4,641.3M | +13.5% | $4,565.3M | $1,055.5M | +1.4% | $3.85 | +0.8% | $1,260.6M | $1,118.0M | -10.3% |
| FY 2025 | $5,296.8M | +14.1% | $5,180.2M | $1,108.9M | +5.1% | $4.06 | +5.5% | $1,728.8M | $1,586.9M | +41.9% |
Valuation
Market Price
$324.83
Market Cap
$89.30B
Enterprise Value
N/A
P/E Ratio
80.01
P/B Ratio
16.37
FCF Yield
1.78%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
97.80%
Operating Margin
28.17%
Net Margin
20.94%
Return on Equity (ROE)
20.26%
Return on Assets (ROA)
10.92%
Asset Turnover
0.52x
Revenue 3-Yr CAGR
14.14%
Financial Health & Liquidity
Current Ratio
0.26
Cash Ratio
1.84
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
$3.00B
Total Debt
N/A
Book Value / Share
$19.85
Cash Flow Efficiency
Operating Cash Flow
$1.73B
Capital Expenditures (CapEx)
$141.87M
Free Cash Flow
$1.59B
OCF / Revenue
32.64%
FCF / Revenue
29.96%
FCF 3-Yr CAGR
12.36%
Per Share Metrics
EPS (Diluted)
$4.06
EPS (Basic)
$4.09
Dividends / Share
N/A
Book Value / Share
$19.85
EPS YoY Growth
5.45%
Balance Sheet (FY 2025)
Total Assets
$10.15B
Total Liabilities
$1.64B
Stockholders' Equity
$5.47B
Current Assets
$419.87M
Current Liabilities
$1.64B