Cadence Design Systems, Inc.: stock overview

CDNSNASDAQTechnology · Services-Prepackaged Software

Price

$323.01

November 13, 2026Market cap $88.1B

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  • The full history: 17 fiscal years, from FY2009
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In short

Cadence Design Systems had revenue of $6.1B over the last 12 months and net income of $1.4B, a net margin of 22.5%. Revenue grew by 14.6% a year on average over the last 5 years. At $323.01 the shares trade at a P/E of 63.8, against a median of 74.5 over the last 5 fiscal years. It has net debt of $1.0B. It pays no dividend.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$88.1B
273M shares
P/E
63.8
Today63.8
Median74.5
Revenue, 12 months
$6.1B
+14.6% a year over 5 years
Net margin
22.5%
2025: 20.9%, above 88% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

+13.8% a year over 2 years

  • 202510-K
    Revenue$5.3B
  • 202410-K
    Revenue$4.6B
  • 202310-K
    Revenue$4.1B

Fiscal years in figures

CDNS's revenue, profit, cash flow and dividend with each year-end price, from FY2009 to 2022, 14 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $82.4B
$88.1B
Enterprise value 
$89.1B
P/E 3-year median: 77.0
63.8
EV / EBIT 
50.2
EV / Revenue 
14.5
P/B 3-year median: 17.6
12.8
FCF yield 3-year median: 1.7%
2.0%
Earnings yield 3-year median: 1.3%
1.6%

Profitability

Operating margin 
28.9%
Net margin 3-year median: 22.7%
22.5%
ROIC 
18.1%
ROIC, 5-year average 
25.4%
ROE 
22.3%

Growth

Revenue, yearly change 
+14.1%
EPS, yearly change 
+5.5%
FCF, yearly change 
+41.9%
Revenue, average a year 
+14.6%
EPS, average a year 
+14.0%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$1.5B
Total debt 
$2.7B
Of which operating leases 
$179M
Net debt 
$1.0B
Net debt / EBITDA 
0.5x
Interest cover 
14.0x
Current ratio 
1.36

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
1.05%
Total returned 
1.05%
Shares, yearly change 
-0.5%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 73).

Operating margin

28.2%

Above 93% of the 462 companies in its industry, and 91% of all.

Net margin

20.9%

Above 88% of the 473 companies in its industry, and 83% of all.

ROE

20.3%

Above 80% of the 398 companies in its industry, and 84% of all.

ROA

10.9%

Above 85% of the 462 companies in its industry, and 89% of all.

Revenue growth

14.1%

Above 65% of the 461 companies in its industry, and 72% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
CADENCE DESIGN SYSTEMS INC
CIK
813672
Exchange
NASDAQ
Industry (SIC)
7372 · Services-Prepackaged Software
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
273M

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The full analysis

What do Cadence Design Systems's filings show?

These are Cadence Design Systems's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

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Questions about CDNS

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What is CDNS's market cap?

Cadence Design Systems, Inc.'s market cap is $88.1B, at a price of $323.01 on November 13, 2026 and 273M shares.

What is CDNS's P/E?

CDNS's P/E is 63.8, on earnings per share of $5.03 over the last 12 months. The median over the last 5 fiscal years was 74.5.

How much revenue does CDNS have?

Cadence Design Systems had revenue of $6.1B over the last 12 months. Over the last 5 years it changed by +14.6% a year on average.

Does CDNS pay a dividend?

No. Cadence Design Systems paid no regular dividend over the last 12 months.

Where do the figures come from?

From Cadence Design Systems, Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.