Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
358.04
-6.16 (-1.69%)
At close: May 12, 2026, 4:00 PM EDT
357.02
-1.02 (-0.28%)
After-hours: May 12, 2026, 4:55 PM EDT

Cadence Design Systems Statistics

Total Valuation

CDNS has a market cap or net worth of $98.75 billion. The enterprise value is $99.96 billion.

Market Cap98.75B
Enterprise Value 99.96B

Important Dates

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

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

Share Statistics

CDNS has 275.82 million shares outstanding. The number of shares has decreased by -0.19% in one year.

Current Share Class 275.82M
Shares Outstanding 275.82M
Shares Change (YoY) -0.19%
Shares Change (QoQ) +0.29%
Owned by Insiders (%) 0.37%
Owned by Institutions (%) 84.99%
Float 274.49M

Valuation Ratios

The trailing PE ratio is 84.89 and the forward PE ratio is 44.68. CDNS's PEG ratio is 3.18.

PE Ratio 84.89
Forward PE 44.68
PS Ratio 17.80
Forward PS 15.32
PB Ratio 15.31
P/TBV Ratio n/a
P/FCF Ratio 68.83
P/OCF Ratio 61.61
PEG Ratio 3.18
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 49.63, with an EV/FCF ratio of 69.91.

EV / Earnings 85.37
EV / Sales 18.08
EV / EBITDA 49.63
EV / EBIT 56.97
EV / FCF 69.91

Financial Position

The company has a current ratio of 1.47, with a Debt / Equity ratio of 0.47.

Current Ratio 1.47
Quick Ratio 1.21
Debt / Equity 0.47
Debt / EBITDA 1.48
Debt / FCF 2.16
Interest Coverage 14.74

Financial Efficiency

Return on equity (ROE) is 20.66% and return on invested capital (ROIC) is 19.70%.

Return on Equity (ROE) 20.66%
Return on Assets (ROA) 10.39%
Return on Invested Capital (ROIC) 19.70%
Return on Capital Employed (ROCE) 17.66%
Weighted Average Cost of Capital (WACC) 10.24%
Revenue Per Employee $400,624
Profits Per Employee $84,853
Employee Count13,800
Asset Turnover 0.52
Inventory Turnover 2.83

Taxes

In the past 12 months, CDNS has paid $423.49 million in taxes.

Income Tax 423.49M
Effective Tax Rate 26.56%

Stock Price Statistics

The stock price has increased by +17.09% in the last 52 weeks. The beta is 1.13, so CDNS's price volatility has been higher than the market average.

Beta (5Y) 1.13
52-Week Price Change +17.09%
50-Day Moving Average 306.29
200-Day Moving Average 322.89
Relative Strength Index (RSI) 67.76
Average Volume (20 Days) 2,620,143

Short Selling Information

The latest short interest is 5.91 million, so 2.14% of the outstanding shares have been sold short.

Short Interest 5.91M
Short Previous Month 7.21M
Short % of Shares Out 2.14%
Short % of Float 2.15%
Short Ratio (days to cover) 2.75

Income Statement

In the last 12 months, CDNS had revenue of $5.53 billion and earned $1.17 billion in profits. Earnings per share was $4.29.

Revenue5.53B
Gross Profit 4.76B
Operating Income 1.75B
Pretax Income 1.59B
Net Income 1.17B
EBITDA 2.01B
EBIT 1.75B
Earnings Per Share (EPS) $4.29
Full Income Statement

Balance Sheet

The company has $1.55 billion in cash and $3.08 billion in debt, with a net cash position of -$1.54 billion or -$5.57 per share.

Cash & Cash Equivalents 1.55B
Total Debt 3.08B
Net Cash -1.54B
Net Cash Per Share -$5.57
Equity (Book Value) 6.56B
Book Value Per Share 23.79
Working Capital 1.02B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.60 billion and capital expenditures -$167.63 million, giving a free cash flow of $1.43 billion.

Operating Cash Flow 1.60B
Capital Expenditures -167.63M
Depreciation & Amortization 259.53M
Net Borrowing 425.00M
Free Cash Flow 1.43B
FCF Per Share $5.18
Full Cash Flow Statement

Margins

Gross margin is 86.08%, with operating and profit margins of 31.74% and 21.18%.

Gross Margin 86.08%
Operating Margin 31.74%
Pretax Margin 28.84%
Profit Margin 21.18%
EBITDA Margin 36.43%
EBIT Margin 31.74%
FCF Margin 25.86%

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 1.19%
FCF Yield 1.45%
Dividend Details

Analyst Forecast

The average price target for CDNS is $375.00, which is 4.74% higher than the current price. The consensus rating is "Strong Buy".

Price Target $375.00
Price Target Difference 4.74%
Analyst Consensus Strong Buy
Analyst Count 14
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
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 11.22 and a Piotroski F-Score of 5.

Altman Z-Score 11.22
Piotroski F-Score 5