Equities
TechnologyTechnology
  • Price (USD)311.87
  • Today's Change5.36 / 1.75%
  • Shares traded1.37m
  • 1 Year change+15.36%
  • Beta1.0302
Data delayed at least 15 minutes, as of Nov 22 2024 21:00 GMT.
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About the company

Cadence Design Systems, Inc. is an electronic system designing company. The Company applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its Custom IC Design and Simulation offerings are used by its customers to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency (RF) designs. Its Digital IC Design and Signoff solutions are used to create logical representations of a digital circuit or an integrated circuit (IC) that can be verified for correctness prior to implementation. Its Functional Verification products are used by its customers to verify that the circuitry or the software they have designed is consistent with the functional specification. Its IP offerings consist of pre-verified, customizable functional blocks. It also offers multi-domain, engineering simulation solutions.

  • Revenue in USD (TTM)4.35bn
  • Net income in USD1.04bn
  • Incorporated1987
  • Employees12.70k
  • Location
    Cadence Design Systems Inc2655 Seely Avenue Bldg 5SAN JOSE 95134United StatesUSA
  • Phone+1 (408) 943-1234
  • Fax+1 (408) 428-5001
  • Websitehttps://www.cadence.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
CDNS:NSQ since
announced
Transaction
value
BETA CAE Systems International AGDeal completed05 Mar 202405 Mar 2024Deal completed-1.71%1.24bn
INVECAS IncDeal completed08 Jan 202408 Jan 2024Deal completed23.41%--
Data delayed at least 15 minutes, as of Nov 22 2024 21:00 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Fair Isaac Corp1.72bn512.81m57.35bn3.59k115.17--108.8933.3920.4520.4568.48-39.471.04--4.22478,953.2031.1425.0340.3034.3679.7377.0829.8626.93--6.941.770.0013.488.1619.4321.701.28--
Roper Technologies Inc6.78bn1.46bn60.06bn16.80k41.273.2426.558.8613.5713.6862.80172.670.226816.347.49403,309.504.904.785.465.3969.6869.3721.6121.780.444824.740.311522.4515.003.5438.848.0213.0110.60
Copart Inc4.36bn1.39bn60.40bn11.70k43.957.6537.9213.841.431.434.478.200.538650.685.65372,926.2017.1720.8518.7822.7944.8146.5431.8832.276.55----0.009.4915.7210.1218.126.45--
Trade Desk Inc2.31bn308.17m64.02bn3.12k210.6524.37163.2827.720.61570.61574.625.320.4607--0.8517741,449.806.154.6711.719.4981.0680.6513.3411.59----0.000.0023.3432.46235.1915.2116.91--
Sea Ltd (ADR)15.49bn97.27m64.70bn62.70k803.648.20127.844.180.14070.140726.0513.780.779856.5365.71246,986.600.5594-10.690.9713-18.4242.1340.140.7173-15.771.60--0.4106--4.9373.67109.13--7.67--
Atlassian Corp4.57bn-392.41m67.89bn12.16k--66.03--14.86-1.49-1.4917.553.951.01--10.72375,800.70-8.65-12.18-16.59-32.1981.5582.77-8.59-15.53----0.4895--23.3129.2138.26---6.49--
Autodesk Inc5.81bn1.06bn69.07bn14.10k65.8127.9256.8011.904.884.8826.8111.510.6089--14.44411,702.1011.099.4219.4717.4190.8090.5618.2116.66----0.48030.009.8316.4210.09---1.86--
Workday Inc7.86bn1.54bn70.95bn19.91k38.778.5338.779.026.916.9129.3031.370.5247--6.14418,240.5010.290.555414.490.940975.7772.9719.601.06----0.26330.0016.7820.80476.55---9.29--
DoorDash Inc10.15bn-172.00m73.62bn19.30k--9.72197.927.25-0.4462-0.446224.7118.230.9109--19.54526,010.40-1.60-11.59-2.34-15.6347.6248.04-1.75-14.78----0.00--31.1797.0059.12--82.51--
MicroStrategy Inc467.24m-406.73m85.49bn1.64k--22.65--182.97-2.22-2.222.4118.620.0798--3.91241,594.10-6.94-13.88-7.29-16.0073.5679.95-87.05-62.64---0.98070.5275---0.6015-0.0554129.2085.77208.25--
Cadence Design Systems Inc4.35bn1.04bn85.53bn12.70k82.0218.7470.1119.653.803.8015.9316.640.59652.338.27388,741.6014.2419.9317.8326.1087.7989.2423.8726.602.27--0.38240.0014.8313.8522.6424.7710.76--
Airbnb Inc10.84bn1.84bn85.81bn6.91k48.2110.2945.237.922.852.8516.7713.350.4971--1.731,569,422.008.431.7316.373.5171.4265.5416.963.31----0.19020.0018.0722.12153.14------
Synopsys Inc6.09bn1.51bn86.80bn20.30k58.2311.2649.6814.259.709.6239.1050.190.56473.605.00300,028.5013.9110.1018.4814.1580.2578.8324.6318.601.87--0.002--14.9813.3622.5017.15-8.29--
Spotify Technology SA15.73bn730.23m95.39bn9.12k134.7019.89110.866.063.533.5377.3723.881.66--28.681,724,404.007.73-5.4113.56-10.1328.6825.714.64-3.58--8.910.2782--12.9620.29-23.72---45.52--
MercadoLibre Inc18.98bn1.44bn101.65bn58.31k70.8625.2949.905.3628.3028.30370.1479.290.979635.904.55325,467.807.423.0720.347.2646.2847.427.573.611.2219.910.57220.0037.3558.66104.77--39.10--
Applovin Corp4.29bn1.15bn111.86bn1.72k100.82119.1870.2326.083.313.3112.342.800.8212--4.212,498,387.0022.071.0526.011.2273.8964.9726.871.70--5.210.78910.0016.5446.69284.15--24.86--
Data as of Nov 22 2024. Currency figures normalised to Cadence Design Systems Inc's reporting currency: US Dollar USD

Institutional shareholders

34.17%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Sep 202424.47m8.94%
BlackRock Fund Advisorsas of 30 Sep 202415.56m5.68%
SSgA Funds Management, Inc.as of 30 Sep 202411.92m4.35%
Massachusetts Financial Services Co.as of 30 Sep 20247.88m2.88%
Jennison Associates LLCas of 30 Sep 20247.61m2.78%
Fidelity Management & Research Co. LLCas of 30 Sep 20246.02m2.20%
Geode Capital Management LLCas of 30 Sep 20245.89m2.15%
AllianceBernstein LPas of 30 Sep 20245.04m1.84%
BlackRock Investment Management (UK) Ltd.as of 30 Sep 20245.03m1.84%
Norges Bank Investment Managementas of 30 Jun 20244.14m1.51%
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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