Cadence Design Systems Inc.
CDNS | NASDAQ
$293.44
+$10.54 (+3.73%)
Sep 21, 2026, 12:36 PM ET · Market open
Market Data
Market Cap $77.91B
Enterprise Value $78.95B
Beta 1.14
Average Volume 2.36M
Shares Outstanding (Diluted) 274.95M
Shares Change YoY 0.75%
Institutional Ownership 85.70%
Exchange NASDAQ
ISIN US1273871087
Price Performance
Price Change 1M -10.6%
Price Change 3M -27.3%
Price Change 6M -3.3%
Price Change YTD -8.9%
Price Change 1Y -22.5%
Price Change 3Y 22.6%
Price Change 5Y 73.0%
1M CAGR (ann.) -16.4%
1Y CAGR (ann.) -18.5%
5Y CAGR (ann.) 11.1%
All-Time CAGR 14.9%
Valuation
PE Ratio 56.24
Forward PE 29.43
PEG Ratio 1.55
Forward PEG 3.28
PS Ratio 13.35
Forward PS 10.90
PB Ratio 11.36
P/FCF Ratio 46.41
P/Adj. FCF Ratio 66.91
P/OCF Ratio 41.66
EV/Sales 13.52
EV/EBIT 40.50
EV/EBITDA 36.58
EV/FCF 47.03
Earnings Yield 1.8%
FCF Yield 2.1%
Adj. FCF Yield 1.5%
Financial Health
Net Debt $1.04B
Total Debt $2.48B
Cash & Short-Term Investments $1.44B
Total Assets $12.08B
Current Ratio 1.74
Quick Ratio 1.53
Debt / Equity Ratio 0.36
Debt / EBITDA 1.15
Debt / FCF 1.48
OCF / Debt 0.75
Interest Coverage 14.37
Altman Z-Score 11.01
Piotroski F-Score 6
Margins & Profitability
Gross Profit Margin 88.5%
Operating Profit Margin 30.8%
EBITDA Margin 37.4%
Net Profit Margin 23.6%
FCF Margin 28.8%
Adj. FCF Margin 19.9%
SBC / Revenue 8.8%
SBC Impact (per share) -30.6%
Returns
Return on Assets 11.4%
Return on Equity 22.9%
Return on Invested Capital 13.3%
Return on Capital Employed 17.6%
Return on Tangible Assets 26.0%
Historical Growth (CAGR)
Revenue CAGR 3Y 15.4%
Revenue CAGR 5Y 15.1%
Revenue CAGR 10Y 12.6%
EPS CAGR 3Y 15.6%
EPS CAGR 5Y 15.7%
EPS CAGR 10Y 19.5%
FCF CAGR 3Y 14.0%
FCF CAGR 5Y 14.6%
FCF CAGR 10Y 17.9%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 31
EPS Growth Next 3Y 30.6%
Revenue Growth Next 3Y 13.8%
Earnings Date N/A
EPS Estimate (next Q) N/A
EPS Growth Est (next Q) N/A
Revenue Est (next Q) N/A
Revenue Growth Est (next Q) N/A
Fair Value Estimates
Graham Number $53.32
Graham Upside -81.2%
Lynch Fair Value $78.77
Lynch Upside -72.2%
Price Target $401.60
Price Target Upside 42.0%
Cash Flow
Operating Cash Flow $1.85B
Free Cash Flow $1.68B
Adj. Free Cash Flow $1.16B
FCF Per Share $6.15
OCF Per Share $6.79
OCF/S Ratio 31.8%
Income Statement
Revenue $5.84B
Gross Profit $5.17B
Operating Income $1.8B
EBITDA $2.16B
Net Income $1.38B
EPS (Diluted) $5.03
Revenue / Employee $423.02K
Profit / Employee $99.85K
Employees 13,800
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