Cadence Design Systems, Inc. (CDNS)

Cadence Design Systems Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
Market Capitalization	84,466	85,085	82,405	74,102	44,066	51,645
Market Cap Growth	-11.54%	3.25%	11.21%	68.16%	-14.67%	35.71%
Enterprise Value	85,585	84,634	82,289	73,788	43,838	50,979
Last Close Price	306.67	312.58	300.46	272.37	160.64	186.35

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
PE Ratio	60.97	76.73	78.07	71.17	51.91	74.21
Forward PE	35.73	40.58	44.38	48.22	37.24	54.88
PS Ratio	14.47	16.06	17.76	18.12	12.37	17.28
PB Ratio	12.31	15.54	17.63	21.77	16.05	18.84
P/TBV Ratio	1228.97	42.40	48.47	48.38	43.36	32.71
P/FCF Ratio	50.31	53.62	73.71	59.43	39.39	49.87
P/OCF Ratio	45.53	49.22	65.37	54.92	35.48	46.91
PEG Ratio	2.37	2.85	3.13	2.80	2.00	4.01

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
EV/Sales Ratio	14.66	15.98	17.73	18.04	12.31	17.06
EV/EBITDA Ratio	39.69	44.36	51.61	51.98	36.05	55.24
EV/EBIT Ratio	46.68	50.37	58.89	57.90	40.45	65.30
EV/FCF Ratio	50.98	53.33	73.60	59.18	39.19	49.22

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
Debt / Equity Ratio	0.39	0.49	0.56	0.24	0.34	0.18
Debt / EBITDA Ratio	1.17	1.35	1.59	0.55	0.73	0.50
Debt / FCF Ratio	1.58	1.68	2.35	0.65	0.83	0.46
Net Debt / Equity Ratio	0.16	-0.09	-0.03	-0.10	0.01	-0.22
Net Debt / EBITDA Ratio	0.52	-0.26	-0.10	-0.23	0.03	-0.67
Net Debt / FCF Ratio	0.67	-0.31	-0.14	-0.27	0.03	-0.59
Asset Turnover	0.54	0.55	0.63	0.76	0.75	0.72
Inventory Turnover	2.68	2.57	2.95	2.81	3.05	3.20
Quick Ratio	1.43	2.51	2.53	1.02	1.04	1.48
Current Ratio	1.74	2.86	2.93	1.24	1.27	1.77
Return on Equity (ROE)	23.23%	21.86%	26.13%	33.86%	30.95%	26.60%
Return on Assets (ROA)	10.61%	10.98%	11.93%	14.74%	14.23%	11.70%
Return on Invested Capital (ROIC)	17.23%	25.77%	27.86%	35.36%	35.87%	33.82%
Return on Capital Employed (ROCE)	17.90%	19.70%	18.40%	31.20%	28.60%	22.90%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
Earnings Yield	1.63%	1.30%	1.28%	1.41%	1.93%	1.35%
FCF Yield	1.99%	1.86%	1.36%	1.68%	2.54%	2.00%
Buyback Yield / Dilution	-0.17%	0.19%	-0.40%	0.82%	1.38%	0.28%

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 2, 2026

Data Sources Report a data error