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XNASCDNS
Market cap83bUSD
Dec 24, Last price  
308.58USD
1D
0.98%
1Q
11.37%
Jan 2017
1,107.02%
Name

Cadence Design Systems Inc

Chart & Performance

D1W1MN
XNAS:CDNS chart
P/E
81.29
P/S
20.69
EPS
3.80
Div Yield, %
0.00%
Shrs. gr., 5y
-0.60%
Rev. gr., 5y
13.85%
Revenues
4.09b
+14.83%
1,197,480,0001,329,192,0001,483,895,0001,615,013,0001,038,614,000852,632,000935,954,0001,149,835,0001,326,424,0001,460,116,0001,580,932,0001,702,091,0001,816,083,0001,943,032,0002,138,022,0002,336,319,0002,682,891,0002,988,244,0003,561,718,0004,089,986,000
Net income
1.04b
+22.64%
74,474,00049,343,000142,592,000296,252,000-1,854,038,000-149,871,000142,338,00072,229,000439,948,000164,243,000158,898,000252,417,000203,086,000204,101,000345,777,000988,979,000590,644,000695,955,000848,952,0001,041,144,000
CFO
1.35b
+8.64%
372,522,000426,283,000421,216,000402,438,00070,286,00025,637,000199,143,000240,342,000315,994,000367,605,000316,722,000378,200,000444,879,000470,740,000604,751,000729,600,000904,922,0001,100,958,0001,241,894,0001,349,176,000
Earnings
Feb 10, 2025

Profile

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
IPO date
Jun 01, 1988
Employees
10,200
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122022‑002021‑002019‑122018‑122017‑122016‑122016‑002015‑00
Income
Revenues
4,089,986
36.87%
3,561,718
32.76%
2,988,244
11.38%
Cost of revenue
2,809,586
2,469,507
2,190,563
Unusual Expense (Income)
NOPBT
1,280,400
1,092,211
797,681
NOPBT Margin
31.31%
30.67%
26.69%
Operating Taxes
240,782
196,411
72,480
Tax Rate
18.81%
17.98%
9.09%
NOPAT
1,039,618
895,800
725,201
Net income
1,041,144
49.60%
848,952
43.73%
695,955
17.83%
Dividends
Dividend yield
Proceeds from repurchase of equity
(567,177)
(1,056,624)
(642,507)
BB yield
0.76%
2.39%
1.24%
Debt
Debt current
390,904
100,000
25,271
Long-term debt
530,487
787,415
454,709
Deferred revenue
98,931
91,524
101,148
Other long-term liabilities
160,293
304,660
225,663
Net debt
(466,541)
(114,907)
(736,461)
Cash flow
Cash from operating activities
1,349,176
1,241,894
1,100,958
CAPEX
(102,337)
(124,215)
(66,881)
Cash from investing activities
(412,249)
(738,634)
(292,954)
Cash from financing activities
(803,573)
(657,049)
(643,792)
FCF
791,519
835,474
730,415
Balance
Cash
1,138,511
882,325
1,088,940
Long term investments
249,421
119,997
127,501
Excess cash
1,183,433
824,236
1,067,029
Stockholders' equity
8,008,594
6,569,276
5,480,678
Invested Capital
3,286,095
3,065,139
2,373,316
ROIC
36.74%
33.64%
31.29%
ROCE
28.65%
28.08%
23.19%
EV
Common stock shares outstanding
272,748
275,011
278,858
Price
272.37
46.16%
160.64
17.75%
186.35
36.59%
Market cap
74,288,373
42.96%
44,177,767
15.80%
51,965,188
36.21%
EV
73,821,832
44,062,860
51,228,727
EBITDA
1,420,770
1,227,641
928,383
EV/EBITDA
51.96
35.89
55.18
Interest
36,185
22,934
16,980
Interest/NOPBT
2.83%
2.10%
2.13%