Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
332.76
-11.96 (-3.47%)
At close: Jul 29, 2026, 4:00 PM EDT
337.85
+5.09 (1.53%)
After-hours: Jul 29, 2026, 7:56 PM EDT

Cadence Design Systems Statistics

Total Valuation

CDNS has a market cap or net worth of $91.78 billion. The enterprise value is $92.82 billion.

Market Cap91.78B
Enterprise Value 92.82B

Important Dates

The last earnings date was Monday, July 27, 2026, after market close.

Earnings Date Jul 27, 2026
Ex-Dividend Date n/a

Share Statistics

CDNS has 275.82 million shares outstanding. The number of shares has increased by 0.17% in one year.

Current Share Class 275.82M
Shares Outstanding 275.82M
Shares Change (YoY) +0.17%
Shares Change (QoQ) +0.89%
Owned by Insiders (%) 0.35%
Owned by Institutions (%) 88.23%
Float 274.55M

Valuation Ratios

The trailing PE ratio is 66.15 and the forward PE ratio is 38.80. CDNS's PEG ratio is 2.52.

PE Ratio 66.15
Forward PE 38.80
PS Ratio 15.72
Forward PS 13.76
PB Ratio 13.29
P/TBV Ratio 1,335.57
P/FCF Ratio 54.67
P/OCF Ratio 49.48
PEG Ratio 2.52
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 44.34, with an EV/FCF ratio of 55.29.

EV / Earnings 67.36
EV / Sales 15.90
EV / EBITDA 44.34
EV / EBIT 52.43
EV / FCF 55.29

Financial Position

The company has a current ratio of 1.74, with a Debt / Equity ratio of 0.36.

Current Ratio 1.74
Quick Ratio 1.36
Debt / Equity 0.36
Debt / EBITDA 1.19
Debt / FCF 1.48
Interest Coverage 14.14

Financial Efficiency

Return on equity (ROE) is 23.23% and return on invested capital (ROIC) is 17.28%.

Return on Equity (ROE) 23.23%
Return on Assets (ROA) 10.59%
Return on Invested Capital (ROIC) 17.28%
Return on Capital Employed (ROCE) 17.30%
Weighted Average Cost of Capital (WACC) 10.39%
Revenue Per Employee $423,016
Profits Per Employee $99,855
Employee Count13,800
Asset Turnover 0.54
Inventory Turnover 2.68

Taxes

In the past 12 months, CDNS has paid $446.09 million in taxes.

Income Tax 446.09M
Effective Tax Rate 24.46%

Stock Price Statistics

The stock price has decreased by -0.30% in the last 52 weeks. The beta is 1.15, so CDNS's price volatility has been higher than the market average.

Beta (5Y) 1.15
52-Week Price Change -0.30%
50-Day Moving Average 371.55
200-Day Moving Average 327.56
Relative Strength Index (RSI) 38.64
Average Volume (20 Days) 2,301,410

Short Selling Information

The latest short interest is 6.19 million, so 2.24% of the outstanding shares have been sold short.

Short Interest 6.19M
Short Previous Month 6.03M
Short % of Shares Out 2.24%
Short % of Float 2.25%
Short Ratio (days to cover) 2.76

Income Statement

In the last 12 months, CDNS had revenue of $5.84 billion and earned $1.38 billion in profits. Earnings per share was $5.03.

Revenue5.84B
Gross Profit 5.01B
Operating Income 1.83B
Pretax Income 1.82B
Net Income 1.38B
EBITDA 2.09B
EBIT 1.77B
Earnings Per Share (EPS) $5.03
Full Income Statement

Balance Sheet

The company has $1.44 billion in cash and $2.48 billion in debt, with a net cash position of -$1.04 billion or -$3.78 per share.

Cash & Cash Equivalents 1.44B
Total Debt 2.48B
Net Cash -1.04B
Net Cash Per Share -$3.78
Equity (Book Value) 6.86B
Book Value Per Share 25.03
Working Capital 1.37B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.85 billion and capital expenditures -$176.17 million, giving a free cash flow of $1.68 billion.

Operating Cash Flow 1.85B
Capital Expenditures -176.17M
Depreciation & Amortization 322.85M
Net Borrowing n/a
Free Cash Flow 1.68B
FCF Per Share $6.09
Full Cash Flow Statement

Margins

Gross margin is 85.87%, with operating and profit margins of 31.34% and 23.61%.

Gross Margin 85.87%
Operating Margin 31.34%
Pretax Margin 31.25%
Profit Margin 23.61%
EBITDA Margin 35.86%
EBIT Margin 30.33%
FCF Margin 28.76%

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 -0.17%
Shareholder Yield -0.17%
Earnings Yield 1.50%
FCF Yield 1.83%
Dividend Details

Analyst Forecast

The average price target for CDNS is $403.67, which is 21.31% higher than the current price. The consensus rating is "Strong Buy".

Price Target $403.67
Price Target Difference 21.31%
Analyst Consensus Strong Buy
Analyst Count 25
Revenue Growth Forecast (3Y) 15.13%
EPS Growth Forecast (3Y) 15.94%
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

Altman Z-Score n/a
Piotroski F-Score 5