Cadence Design Systems, Inc.

NasdaqGS:CDNS Stock Report

Market Cap: US$86.1b

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 Growth17.3%
Revenue growth rate13.3%
Return on equity30.6%
Net Margin25.5%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Under The Bonnet, Cadence Design Systems' (NASDAQ:CDNS) Returns Look Impressive

Mar 25
Under The Bonnet, Cadence Design Systems' (NASDAQ:CDNS) Returns Look Impressive

Cadence Design Systems Is Locked In A Two-Headed Horse Race That Needs A Break

Mar 24

Does Cadence Design Systems (NASDAQ:CDNS) Deserve A Spot On Your Watchlist?

Mar 12
Does Cadence Design Systems (NASDAQ:CDNS) Deserve A Spot On Your Watchlist?

Cadence Design Systems: Impressive By Design

Mar 08

Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 16
Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching

Feb 13
Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Jan 19
These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Cadence Design Systems: Boosted Confidence In Resilience To Macro Headwinds

Jan 10

With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For

Jan 07
With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For

Charting the Course: Unlocking Potential in Tech

Dec 15
Charting the Course: Unlocking Potential in Tech

Charting the Course: Unlocking Potential in Tech

Dec 15
Charting the Course: Unlocking Potential in Tech

The Trend Of High Returns At Cadence Design Systems (NASDAQ:CDNS) Has Us Very Interested

Nov 29
The Trend Of High Returns At Cadence Design Systems (NASDAQ:CDNS) Has Us Very Interested

Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Expensive For A Reason? A Look At Its Intrinsic Value

Nov 16
Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Expensive For A Reason? A Look At Its Intrinsic Value

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Oct 10
These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

When Should You Buy Cadence Design Systems, Inc. (NASDAQ:CDNS)?

Sep 13
When Should You Buy Cadence Design Systems, Inc. (NASDAQ:CDNS)?

Investors Should Be Encouraged By Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital

Aug 30
Investors Should Be Encouraged By Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital

Are Cadence Design Systems, Inc. (NASDAQ:CDNS) Investors Paying Above The Intrinsic Value?

Aug 16
Are Cadence Design Systems, Inc. (NASDAQ:CDNS) Investors Paying Above The Intrinsic Value?

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Jul 11
These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

What Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Share Price Doing?

May 19
What Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Share Price Doing?

Returns on Capital Paint A Bright Future For Cadence Design Systems (NASDAQ:CDNS)

May 03
Returns on Capital Paint A Bright Future For Cadence Design Systems (NASDAQ:CDNS)

Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?

Apr 05
Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?

Is It Time To Consider Buying Cadence Design Systems, Inc. (NASDAQ:CDNS)?

Feb 12
Is It Time To Consider Buying Cadence Design Systems, Inc. (NASDAQ:CDNS)?

We Think Cadence Design Systems (NASDAQ:CDNS) Might Have The DNA Of A Multi-Bagger

Jan 29
We Think Cadence Design Systems (NASDAQ:CDNS) Might Have The DNA Of A Multi-Bagger

Does This Valuation Of Cadence Design Systems, Inc. (NASDAQ:CDNS) Imply Investors Are Overpaying?

Jan 15
Does This Valuation Of Cadence Design Systems, Inc. (NASDAQ:CDNS) Imply Investors Are Overpaying?

Is Cadence Design Systems (NASDAQ:CDNS) A Risky Investment?

Jan 03
Is Cadence Design Systems (NASDAQ:CDNS) A Risky Investment?

At US$142, Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Worth Looking At Closely?

Nov 07
At US$142, Is Cadence Design Systems, Inc. (NASDAQ:CDNS) Worth Looking At Closely?

Cadence Design Systems (NASDAQ:CDNS) Is Very Good At Capital Allocation

Oct 19
Cadence Design Systems (NASDAQ:CDNS) Is Very Good At Capital Allocation

Cadence Design expands partnership with Samsung Foundry on 3D-IC design

Oct 18

Revenue & Expenses Breakdown
Beta

How Cadence Design Systems makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:CDNS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 234,0901,0419211,442
30 Sep 233,9219589061,425
30 Jun 233,8018908991,379
31 Mar 233,6828558671,311
31 Dec 223,5628498361,252
01 Oct 223,4357858101,190
02 Jul 223,2837757731,156
02 Apr 223,1547447631,154
01 Jan 222,9886967471,134
02 Oct 212,9756937291,136
03 Jul 212,8916787031,097
03 Apr 212,8016546841,063
02 Jan 212,6835916681,034
26 Sep 202,5231,077644979
27 Jun 202,4361,016639968
28 Mar 202,378992634949
28 Dec 192,336989621936
28 Sep 192,307428597919
29 Jun 192,259426584902
30 Mar 192,197393578889
29 Dec 182,138346573885
29 Sep 182,070233569870
30 Jun 182,023215568853
31 Mar 181,983209560830
30 Dec 171,943204553804
30 Sep 171,910257539782
01 Jul 171,871241526767
01 Apr 171,845221527754
31 Dec 161,816203519735
01 Oct 161,788245523716
02 Jul 161,776258525679
02 Apr 161,739267512654
02 Jan 161,702252512638
03 Oct 151,684237511631
04 Jul 151,651197508625
04 Apr 151,614162514620
03 Jan 151,581159513603
27 Sep 141,535132507583
28 Jun 141,501133507573
29 Mar 141,484119506556
28 Dec 131,460164499534
28 Sep 131,429440499517
29 Jun 131,401460482494
30 Mar 131,365487463470

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.


Return on Assets


Return on Capital Employed


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