CDNS
Price:
$301.47
Market Cap:
$82.68B
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical impl...[Read more]
Industry
Software - Application
IPO Date
1987-06-10
Stock Exchange
NASDAQ
Ticker
CDNS
According to Cadence Design Systems, Inc.’s latest financial reports and current stock price. The company's current ROE is 26.31%. This represents a change of 288.98% compared to the average of 6.77% of the last 4 quarters.
The mean historical ROE of Cadence Design Systems, Inc. over the last ten years is 26.27%. The current 26.31% ROE has changed 0.16% with respect to the historical average. Over the past ten years (40 quarters), CDNS's ROE was at its highest in in the December 2019 quarter at 31.37%. The ROE was at its lowest in in the December 2017 quarter at -1.46%.
Average
26.27%
Median
26.12%
Minimum
11.92%
Maximum
47.03%
Discovering the peaks and valleys of Cadence Design Systems, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 75.24%
Maximum Annual ROE = 47.03%
Minimum Annual Increase = -49.62%
Minimum Annual ROE = 11.92%
Year | ROE | Change |
---|---|---|
2023 | 30.58% | -1.11% |
2022 | 30.93% | 21.79% |
2022 | 25.39% | 7.18% |
2021 | 23.69% | -49.62% |
2019 | 47.03% | 75.24% |
2018 | 26.84% | 30.07% |
2017 | 20.63% | -24.64% |
2016 | 27.38% | 49.26% |
2016 | 18.34% | 53.94% |
2015 | 11.92% | -16.13% |
The current ROE of Cadence Design Systems, Inc. (CDNS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
28.97%
5-year avg
31.52%
10-year avg
26.27%
Cadence Design Systems, Inc.’s ROE is less than Workday, Inc. (19.52%), less than Salesforce, Inc. (13.35%), less than Intuit Inc. (16.16%), greater than Snowflake Inc. (-26.85%), greater than Atlassian Corporation (-38.28%), less than Zoom Video Communications, Inc. (11.23%), less than ServiceNow, Inc. (15.86%), less than Paycom Software, Inc. (33.39%), less than Datadog, Inc. (8.30%), less than The Trade Desk, Inc. (13.17%), greater than Unity Software Inc. (-24.94%), less than Autodesk, Inc. (47.92%),
Company | ROE | Market cap |
---|---|---|
19.52% | $72.90B | |
13.35% | $328.87B | |
16.16% | $180.10B | |
-26.85% | $54.89B | |
-38.28% | $67.26B | |
11.23% | $26.24B | |
15.86% | $224.80B | |
33.39% | $11.58B | |
8.30% | $50.78B | |
13.17% | $61.70B | |
-24.94% | $9.07B | |
47.92% | $64.10B |
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