Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
300.63
-2.73 (-0.90%)
At close: Mar 3, 2026, 4:00 PM EST
302.23
+1.60 (0.53%)
Pre-market: Mar 4, 2026, 8:55 AM EST

Cadence Design Systems Statistics

Total Valuation

CDNS has a market cap or net worth of $83.00 billion. The enterprise value is $82.51 billion.

Market Cap83.00B
Enterprise Value 82.51B

Important Dates

The last earnings date was Tuesday, February 17, 2026, after market close.

Earnings Date Feb 17, 2026
Ex-Dividend Date n/a

Share Statistics

CDNS has 276.09 million shares outstanding. The number of shares has decreased by -0.19% in one year.

Current Share Class 276.09M
Shares Outstanding 276.09M
Shares Change (YoY) -0.19%
Shares Change (QoQ) -0.32%
Owned by Insiders (%) 0.29%
Owned by Institutions (%) 86.35%
Float 275.00M

Valuation Ratios

The trailing PE ratio is 74.05 and the forward PE ratio is 38.18. CDNS's PEG ratio is 2.71.

PE Ratio 74.05
Forward PE 38.18
PS Ratio 15.67
Forward PS 13.56
PB Ratio 14.93
P/TBV Ratio 41.36
P/FCF Ratio 52.30
P/OCF Ratio 48.01
PEG Ratio 2.71
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 43.24, with an EV/FCF ratio of 52.00.

EV / Earnings 74.41
EV / Sales 15.58
EV / EBITDA 43.24
EV / EBIT 49.11
EV / FCF 52.00

Financial Position

The company has a current ratio of 2.86, with a Debt / Equity ratio of 0.49.

Current Ratio 2.86
Quick Ratio 2.51
Debt / Equity 0.49
Debt / EBITDA 1.35
Debt / FCF 1.68
Interest Coverage 14.42

Financial Efficiency

Return on equity (ROE) is 21.85% and return on invested capital (ROIC) is 25.16%.

Return on Equity (ROE) 21.85%
Return on Assets (ROA) 10.98%
Return on Invested Capital (ROIC) 25.16%
Return on Capital Employed (ROCE) 19.73%
Weighted Average Cost of Capital (WACC) 9.58%
Revenue Per Employee $383,823
Profits Per Employee $80,354
Employee Count13,800
Asset Turnover 0.55
Inventory Turnover 2.57

Taxes

In the past 12 months, CDNS has paid $413.16 million in taxes.

Income Tax 413.16M
Effective Tax Rate 27.14%

Stock Price Statistics

The stock price has increased by +20.01% in the last 52 weeks. The beta is 1.01, so CDNS's price volatility has been similar to the market average.

Beta (5Y) 1.01
52-Week Price Change +20.01%
50-Day Moving Average 305.45
200-Day Moving Average 323.67
Relative Strength Index (RSI) 50.98
Average Volume (20 Days) 3,330,354

Short Selling Information

The latest short interest is 5.03 million, so 1.82% of the outstanding shares have been sold short.

Short Interest 5.03M
Short Previous Month 4.41M
Short % of Shares Out 1.82%
Short % of Float 1.83%
Short Ratio (days to cover) 1.95

Income Statement

In the last 12 months, CDNS had revenue of $5.30 billion and earned $1.11 billion in profits. Earnings per share was $4.06.

Revenue5.30B
Gross Profit 4.57B
Operating Income 1.68B
Pretax Income 1.52B
Net Income 1.11B
EBITDA 1.91B
EBIT 1.68B
Earnings Per Share (EPS) $4.06
Full Income Statement

Balance Sheet

The company has $3.16 billion in cash and $2.67 billion in debt, with a net cash position of $489.20 million or $1.77 per share.

Cash & Cash Equivalents 3.16B
Total Debt 2.67B
Net Cash 489.20M
Net Cash Per Share $1.77
Equity (Book Value) 5.47B
Book Value Per Share 20.14
Working Capital 3.03B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.73 billion and capital expenditures -$141.87 million, giving a free cash flow of $1.59 billion.

Operating Cash Flow 1.73B
Capital Expenditures -141.87M
Free Cash Flow 1.59B
FCF Per Share $5.75
Full Cash Flow Statement

Margins

Gross margin is 86.36%, with operating and profit margins of 31.72% and 20.94%.

Gross Margin 86.36%
Operating Margin 31.72%
Pretax Margin 28.74%
Profit Margin 20.94%
EBITDA Margin 36.02%
EBIT Margin 31.72%
FCF Margin 29.96%

Dividends & Yields

CDNS does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 0.19%
Shareholder Yield 0.19%
Earnings Yield 1.34%
FCF Yield 1.91%
Dividend Details

Analyst Forecast

The average price target for CDNS is $369.47, which is 22.90% higher than the current price. The consensus rating is "Strong Buy".

Price Target $369.47
Price Target Difference 22.90%
Analyst Consensus Strong Buy
Analyst Count 15
Revenue Growth Forecast (5Y) 13.36%
EPS Growth Forecast (5Y) 28.17%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on November 17, 1997. It was a forward split with a ratio of 2:1.

Last Split Date Nov 17, 1997
Split Type Forward
Split Ratio 2:1

Scores

CDNS has an Altman Z-Score of 13.28 and a Piotroski F-Score of 5.

Altman Z-Score 13.28
Piotroski F-Score 5