Cadence Design Systems, Inc. (CDNS)

Basic

  • Market Cap

    $79.03B

  • EV

    $78.7B

  • Shares Out

    272.24M

  • Revenue

    $4,089.99M

  • Employees

    11,200

Margins

  • Gross

    89.36%

  • EBITDA

    34.71%

  • Operating

    31.16%

  • Pre-Tax

    31.34%

  • Net

    25.46%

  • FCF

    30.49%

Returns (5Yr Avg)

  • ROA

    12.53%

  • ROE

    35.09%

  • ROCE

    26.26%

  • ROIC

    22.8%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $315.36

  • P/E

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $1,138.51M

  • Net Debt

    -$332.48M

  • Debt/Equity

    0.24

  • EBIT/Interest

    35.22

Growth (CAGR)

  • Rev 3Yr

    15.09%

  • Rev 5Yr

    13.85%

  • Rev 10Yr

    10.85%

  • Dil EPS 3Yr

    21.88%

  • Dil EPS 5Yr

    25.44%

  • Dil EPS 10Yr

    21.17%

  • Rev Fwd 2Yr

    12.57%

  • EBITDA Fwd 2Yr

    16.58%

  • EPS Fwd 2Yr

    16.12%

  • EPS LT Growth Est

    16.53%

Dividends

  • Yield

  • Payout

  • DPS

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

Select a metric from the list below to chart it

Jan '15

Jan '16

Dec '16

Dec '17

Dec '18

Dec '19

Jan '21

Jan '22

Dec '22

Dec '23

Total Revenues

2,336.3

2,682.9

2,988.2

3,561.7

4,090

Total Revenues % Chg.

9.3%

14.8%

11.4%

19.2%

14.8%

Cost of Goods Sold, Total

266.4

305.5

307

371.6

435

Gross Profit

2,070

2,377.4

2,681.2

3,190.1

3,654.9

Selling General & Admin Expenses, Total

621.5

668.5

746.7

836.2

920.6

R&D Expenses

935.9

1,033.7

1,134.3

1,251.5

1,441.8

Amortization of Goodwill and Intangible Assets

12.1

18

19.6

18.5

18.2

Other Operating Expenses, Total

1,569.5

1,720.2

1,900.6

2,106.3

2,380.6

Operating Income

500.4

657.2

780.6

1,083.8

1,274.3

Interest Expense, Total

-18.8

-20.7

-17

-22.9

-36.2

Interest And Investment Income

9.5

3.8

2.6

10.1

29.6

Net Interest Expenses

-9.3

-16.9

-14.3

-12.8

-6.5

Currency Exchange Gains (Loss)

-4.1

4.4

-2.8

-0.5

-5.5

Other Non Operating Income (Expenses)

4.7

4.7

5.9

-9.6

8.1

EBT, Excl. Unusual Items

491.7

649.3

769.4

1,060.9

1,270.4

Restructuring Charges

-8.6

-9.2

1

-0.1

-11

Merger & Related Restructuring Charges

-2.4

-2.6

-10.1

-12.1

Gain (Loss) On Sale Of Investments

-4.1

-5

0.6

-5.4

34.6

Gain (Loss) On Sale Of Assets

EBT, Incl. Unusual Items

479

632.7

768.4

1,045.4

1,281.9

Income Tax Expense

-510

42.1

72.5

196.4

240.8

Earnings From Continuing Operations

989

590.6

696

849

1,041.1

Net Income

989

590.6

696

849

1,041.1

Net Income to Common Incl Extra Items

989

590.6

696

849

1,041.1

Net Income to Common Excl. Extra Items

989

590.6

696

849

1,041.1

Total Shares Outstanding

279.9

278.9

276.8

272.7

271.7

Weighted Avg. Shares Outstanding

273.2

273.7

273.5

271.2

269.4

Weighted Avg. Shares Outstanding Dil

280.5

279.6

278.9

275

272.7

EPS

3.6

2.2

2.5

3.1

3.9

EPS Diluted

3.5

2.1

2.5

3.1

3.8

EBITDA

623.2

802.8

922.9

1,215.9

1,419.6