Cadence Design Systems, Inc.

Cadence Design Systems, Inc.verified

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

The ROE as of December 2024 (TTM) for Cadence Design Systems, Inc. (CDNS) is 26.31%

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.

Cadence Design Systems, Inc. (CDNS) Historical ROE (quarterly & annually)

How has CDNS ROE performed in the past?

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%.

Quarterly (TTM)
Annual

Average

26.27%

Median

26.12%

Minimum

11.92%

Maximum

47.03%

Cadence Design Systems, Inc. (CDNS) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
202330.58%-1.11%
202230.93%21.79%
202225.39%7.18%
202123.69%-49.62%
201947.03%75.24%
201826.84%30.07%
201720.63%-24.64%
201627.38%49.26%
201618.34%53.94%
201511.92%-16.13%

Cadence Design Systems, Inc. (CDNS) Average ROE

How has CDNS ROE performed in the past?

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. (CDNS) ROE vs. Peers

How is CDNS’s ROE compared to its peers?

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%),

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