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	Aug 14, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
Market Cap	88,829	84,959	82,281	74,005	43,803	51,581
Market Cap Growth	-7.81%	3.25%	11.18%	68.95%	-15.08%	35.54%
Enterprise Value	89,949	84,438	82,113	73,645	43,668	50,840
Last Close Price	322.56	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	Aug 14, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
PE Ratio	64.37	76.99	78.04	71.30	51.99	74.54
Forward PE	37.72	40.58	44.38	48.22	37.24	54.88
PEG Ratio	2.45	2.85	3.13	2.80	2.00	4.01
PS Ratio	15.27	16.04	17.73	18.09	12.30	17.26
PB Ratio	13.00	15.52	17.61	21.74	15.96	18.82
P/TBV Ratio	1286.81	42.57	48.39	48.50	43.47	32.91
P/FCF Ratio	53.12	53.54	73.60	59.35	39.16	49.80
P/OCF Ratio	48.07	49.14	65.27	54.85	35.27	46.85

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 14, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
EV/Sales Ratio	15.47	15.94	17.69	18.01	12.26	17.01
EV/EBITDA Ratio	43.13	49.10	53.06	52.74	36.22	55.18
EV/EBIT Ratio	51.00	56.59	60.79	58.86	40.67	65.26
EV/FCF Ratio	53.78	53.21	73.45	59.07	39.04	49.09

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 14, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
Debt / Equity Ratio	0.36	0.45	0.53	0.09	0.27	0.13
Debt / EBITDA Ratio	1.19	1.44	1.60	0.47	0.62	0.38
Debt / FCF Ratio	1.48	1.56	2.22	0.52	0.67	0.34
Net Debt / Equity Ratio	0.15	-0.09	-0.04	-0.10	-0.05	-0.27
Net Debt / EBITDA Ratio	0.50	-0.30	-0.11	-0.26	-0.11	-0.80
Net Debt / FCF Ratio	0.62	-0.33	-0.15	-0.29	-0.12	-0.72
Asset Turnover	0.53	0.55	0.63	0.76	0.75	0.72
Inventory Turnover	2.38	2.57	2.95	2.81	3.05	3.20
Quick Ratio	1.36	2.41	2.43	0.94	1.02	1.47
Current Ratio	1.74	2.86	2.93	1.24	1.27	1.77
Return on Equity (ROE)	22.35%	21.85%	26.13%	33.86%	30.95%	26.60%
Return on Assets (ROA)	12.03%	11.37%	13.95%	18.81%	18.31%	16.93%
Return on Invested Capital (ROIC)	16.76%	22.98%	27.05%	35.93%	37.83%	36.09%
Return on Capital Employed (ROCE)	18.88%	18.51%	23.12%	31.81%	29.81%	23.72%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 14, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022
Earnings Yield	1.55%	1.30%	1.28%	1.40%	1.92%	1.34%
FCF Yield	1.88%	1.87%	1.36%	1.68%	2.55%	2.01%
Buyback Yield / Dilution	-0.17%	0.19%	-0.40%	0.82%	1.38%	0.28%
Total Shareholder Return	-0.17%	0.19%	-0.40%	0.82%	1.38%	0.28%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: Jul 28, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 12, 2026

Data Sources Report a data error