CADENCE DESIGN SYSTEMS, INC. (CDNS)

292.70USD -3.99% (-12.18)

Over 1M: -13.7%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

300 320 340
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Operating Income: 185.4M Q4 '21 — Operating Income: 194M Q1 '22 — Operating Income: 195.7M Q2 '22 — Operating Income: 318.9M Q3 '22 — Operating Income: 282.9M Q4 '22 — Operating Income: 260.8M Q4 '22 — Operating Income: 211.1M Q1 '23 — Operating Income: 322.5M Q2 '23 — Operating Income: 299.3M Q3 '23 — Operating Income: 292.9M Q4 '23 — Operating Income: 336.5M Q1 '24 — Operating Income: 250M Q2 '24 — Operating Income: 293.9M Q3 '24 — Operating Income: 350.1M Q4 '24 — Operating Income: 456.9M Q1 '25 — Operating Income: 361.5M Q2 '25 — Operating Income: 241.8M Q3 '25 — Operating Income: 425.4M Q4 '25 — Operating Income: 463.3M Q1 '26 — Operating Income: 431.3M 0 100M 200M 300M 400M 500M
Q4 '21 Q3 '22 Q1 '23 Q4 '23 Q3 '24 Q2 '25 Q1 '26
Gross Profit Operating Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

6.0
Oper. margin 28.3%
OE margin 17.1%
ROIC 24.7%
Accruals -3.5%
FCF margin 25.9%
ROA 9.7%
ROCE 15.7%
OCF margin 28.9%
ROE 17.8%
OCF / EBIT 1.0×
Gross margin —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

3.1
EV/EBIT 50.7×
EV/OE 83.9×
FCF yield 1.8%
EV/Sales 14.3×
P/B 12.3×
P/C 51.7×
P/E 68.9×
Div. yield —
EV/GP —
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

9.1
RPO / sales 1.4×
RPO growth 25.0%
Segment HHI —

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

7.7
ND/EBITDA 0.02
Debt / Eq 0.0×
Debt payback 0.0 yr
Payout 0.0%
F-score 6.4 pts
Quick ratio 1.3×
Cash / Debt —
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

3.8
Sales CAGR 4Y +15.4%
Sales/sh Y/Y +13.6%
Shares change -0.19%
EBIT CAGR +12.2%
EPS CAGR 4Y +12.9%
Sales Q/Q +18.7%
EBIT Y/Y +6.8%
EPS Y/Y +8.5%
Div. growth —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.