Cadence Design Systems Past Earnings Performance
Past criteria checks 6/6
Cadence Design Systems has been growing earnings at an average annual rate of 10.4%, while the Software industry saw earnings growing at 16% annually. Revenues have been growing at an average rate of 13.3% per year. Cadence Design Systems's return on equity is 30.6%, and it has net margins of 25.5%.
Key information
10.4%
Earnings growth rate
10.7%
EPS growth rate
Software Industry Growth | 17.3% |
Revenue growth rate | 13.3% |
Return on equity | 30.6% |
Net Margin | 25.5% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Under The Bonnet, Cadence Design Systems' (NASDAQ:CDNS) Returns Look Impressive
Mar 25Cadence Design Systems Is Locked In A Two-Headed Horse Race That Needs A Break
Mar 24Does Cadence Design Systems (NASDAQ:CDNS) Deserve A Spot On Your Watchlist?
Mar 12Cadence Design Systems: Impressive By Design
Mar 08Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 16Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching
Feb 13These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely
Jan 19Cadence Design Systems: Boosted Confidence In Resilience To Macro Headwinds
Jan 10With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For
Jan 07Charting the Course: Unlocking Potential in Tech
Dec 15Charting the Course: Unlocking Potential in Tech
Dec 15The Trend Of High Returns At Cadence Design Systems (NASDAQ:CDNS) Has Us Very Interested
Nov 29Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 16These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely
Oct 10When Should You Buy Cadence Design Systems, Inc. (NASDAQ:CDNS)?
Sep 13Investors Should Be Encouraged By Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital
Aug 30Are Cadence Design Systems, Inc. (NASDAQ:CDNS) Investors Paying Above The Intrinsic Value?
Aug 16These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely
Jul 11What Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Share Price Doing?
May 19Returns on Capital Paint A Bright Future For Cadence Design Systems (NASDAQ:CDNS)
May 03Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?
Apr 05Is It Time To Consider Buying Cadence Design Systems, Inc. (NASDAQ:CDNS)?
Feb 12We Think Cadence Design Systems (NASDAQ:CDNS) Might Have The DNA Of A Multi-Bagger
Jan 29Does This Valuation Of Cadence Design Systems, Inc. (NASDAQ:CDNS) Imply Investors Are Overpaying?
Jan 15Is Cadence Design Systems (NASDAQ:CDNS) A Risky Investment?
Jan 03At US$142, Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Worth Looking At Closely?
Nov 07Cadence Design Systems (NASDAQ:CDNS) Is Very Good At Capital Allocation
Oct 19Cadence Design expands partnership with Samsung Foundry on 3D-IC design
Oct 18Revenue & Expenses BreakdownBeta
How Cadence Design Systems makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 4,090 | 1,041 | 921 | 1,442 |
30 Sep 23 | 3,921 | 958 | 906 | 1,425 |
30 Jun 23 | 3,801 | 890 | 899 | 1,379 |
31 Mar 23 | 3,682 | 855 | 867 | 1,311 |
31 Dec 22 | 3,562 | 849 | 836 | 1,252 |
01 Oct 22 | 3,435 | 785 | 810 | 1,190 |
02 Jul 22 | 3,283 | 775 | 773 | 1,156 |
02 Apr 22 | 3,154 | 744 | 763 | 1,154 |
01 Jan 22 | 2,988 | 696 | 747 | 1,134 |
02 Oct 21 | 2,975 | 693 | 729 | 1,136 |
03 Jul 21 | 2,891 | 678 | 703 | 1,097 |
03 Apr 21 | 2,801 | 654 | 684 | 1,063 |
02 Jan 21 | 2,683 | 591 | 668 | 1,034 |
26 Sep 20 | 2,523 | 1,077 | 644 | 979 |
27 Jun 20 | 2,436 | 1,016 | 639 | 968 |
28 Mar 20 | 2,378 | 992 | 634 | 949 |
28 Dec 19 | 2,336 | 989 | 621 | 936 |
28 Sep 19 | 2,307 | 428 | 597 | 919 |
29 Jun 19 | 2,259 | 426 | 584 | 902 |
30 Mar 19 | 2,197 | 393 | 578 | 889 |
29 Dec 18 | 2,138 | 346 | 573 | 885 |
29 Sep 18 | 2,070 | 233 | 569 | 870 |
30 Jun 18 | 2,023 | 215 | 568 | 853 |
31 Mar 18 | 1,983 | 209 | 560 | 830 |
30 Dec 17 | 1,943 | 204 | 553 | 804 |
30 Sep 17 | 1,910 | 257 | 539 | 782 |
01 Jul 17 | 1,871 | 241 | 526 | 767 |
01 Apr 17 | 1,845 | 221 | 527 | 754 |
31 Dec 16 | 1,816 | 203 | 519 | 735 |
01 Oct 16 | 1,788 | 245 | 523 | 716 |
02 Jul 16 | 1,776 | 258 | 525 | 679 |
02 Apr 16 | 1,739 | 267 | 512 | 654 |
02 Jan 16 | 1,702 | 252 | 512 | 638 |
03 Oct 15 | 1,684 | 237 | 511 | 631 |
04 Jul 15 | 1,651 | 197 | 508 | 625 |
04 Apr 15 | 1,614 | 162 | 514 | 620 |
03 Jan 15 | 1,581 | 159 | 513 | 603 |
27 Sep 14 | 1,535 | 132 | 507 | 583 |
28 Jun 14 | 1,501 | 133 | 507 | 573 |
29 Mar 14 | 1,484 | 119 | 506 | 556 |
28 Dec 13 | 1,460 | 164 | 499 | 534 |
28 Sep 13 | 1,429 | 440 | 499 | 517 |
29 Jun 13 | 1,401 | 460 | 482 | 494 |
30 Mar 13 | 1,365 | 487 | 463 | 470 |
Quality Earnings: CDNS has high quality earnings.
Growing Profit Margin: CDNS's current net profit margins (25.5%) are higher than last year (23.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CDNS's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: CDNS's earnings growth over the past year (22.6%) exceeds its 5-year average (10.4% per year).
Earnings vs Industry: CDNS earnings growth over the past year (22.6%) exceeded the Software industry 22.4%.
Return on Equity
High ROE: CDNS's Return on Equity (30.6%) is considered high.