$337.01
-2.21%
N/A-$7.63
Technology
Software - Application
NASDAQ
Active Trading
Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated ...
Financial highlights
Latest / TTM · 6 periods
Snapshot
Latest / TTM: 2026-07-23
Gross Margin
—
Net Margin
—
P/E Ratio
—
Debt / Equity
—
Profitability
Profitability table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Gross MarginGross profit as a percentage of revenue. | 89.7% | 89.6% | 89.4% | 86.0% | 86.4% | — |
| Operating MarginOperating income as a percentage of revenue. | 26.1% | 30.1% | 30.6% | 29.1% | 31.1% | — |
| Net MarginNet income as a percentage of revenue. | 23.3% | 23.8% | 25.5% | 22.7% | 20.9% | — |
| EBITDA MarginEBITDA divided by revenue. | 30.7% | 33.8% | 35.8% | 35.9% | 35.4% | — |
| Pre-tax MarginPre-tax profit as a percentage of revenue. | 25.7% | 29.3% | 31.3% | 30.1% | 28.7% | — |
Liquidity & leverage
Liquidity & leverage table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Current RatioCurrent assets divided by current liabilities. | 1.77 | 1.27 | 1.24 | 2.93 | 2.86 | — |
| Quick RatioLiquid assets divided by current liabilities. | 1.65 | 1.17 | 1.13 | 2.74 | 2.67 | — |
| Cash RatioCash and equivalents divided by current liabilities. | 1.12 | 0.65 | 0.63 | 1.93 | 1.84 | — |
| Debt / AssetsDebt as a share of total assets. | 10.4% | 17.3% | 13.5% | 28.8% | 24.4% | — |
| Debt / EquityDebt compared with shareholder equity. | 0.17 | 0.32 | 0.22 | 0.55 | 0.45 | — |
Operating efficiency
Operating efficiency table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Receivables TurnoverHow often receivables are collected in a year. | 8.68x | 7.32x | 8.07x | 6.82x | 5.61x | — |
| Inventory TurnoverHow often inventory is sold in a year. | 2.65x | 2.90x | 2.39x | 2.51x | 2.38x | — |
| Payables TurnoverHow often payables are paid in a year. | 0.00x | 7.89x | 4.77x | 116.56x | 0.84x | — |
| Asset TurnoverRevenue generated per dollar of assets. | 0.68x | 0.69x | 0.72x | 0.52x | 0.52x | — |
| Working Capital TurnoverRevenue generated per dollar of working capital. | 4.19x | 6.45x | 10.99x | 3.06x | 1.86x | — |
Valuation ratios
Valuation ratios table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| P/E RatioPrice paid for each dollar of earnings. | 73.37x | 51.32x | 70.56x | 77.24x | 76.43x | — |
| P/B RatioPrice paid for each dollar of book value. | 18.60x | 15.87x | 21.55x | 17.44x | 15.49x | — |
| P/S RatioPrice paid for each dollar of sales. | 17.06x | 12.23x | 17.94x | 17.56x | 16.01x | — |
| P/FCF RatioPrice paid for each dollar of free cash flow. | 49.29x | 38.98x | 58.85x | 72.89x | 53.45x | — |
| Dividend YieldAnnual dividend divided by current share price. | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |