Cadence Design Systems, Inc. CDNS

326.13 4.13 1.28% as of 25 Sep
Market cap
$88.7B
P/E
64.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Cadence Design Systems, Inc. (CDNS) EV/EBITDA

As of 25 September 2026, Cadence Design Systems, Inc. (CDNS) trades at a EV/EBITDA of 43.4×. Over the past ten years it has ranged from 13.9× (January 2016) to 66.0× (June 2024); the current reading is higher than 61% of that period. That is above the Software Application industry median of 14.4× and above the Technology sector median of 15.7×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 49.2× (6.74%)
FY2024 52.8× 4.59%
FY2023 50.5× 41.09%
FY2022 35.8× (34.34%)
FY2021 54.5× 16.27%
FY2020 46.8× 54.88%
FY2019 30.2× 32.14%
FY2018 22.9× (12.16%)
FY2017 26.1× 28.12%
FY2016 20.3× 32.29%

Quarterly

Period EV/EBITDA Change
Jun 2026 49.8× 17.70%
Mar 2026 42.3× (13.99%)
Dec 2025 49.2× (12.05%)
Sep 2025 56.0× 8.86%
42 more quarters

Against its own ten years

Low 13.9× High 66.0×
Ten-year median 38.3×
Current reading's percentile 61

EV/EBITDA against peers

Company EV/EBITDA
MSTR Strategy Inc compare n/m
SNOW Snowflake Inc. compare n/m
ADBE Adobe Inc. compare 9.3×
INTU Intuit Inc. compare 11.2×
ADP Automatic Data Processing, Inc. compare 14.4×
UBER Uber Technologies, Inc. compare 19.9×
NOW ServiceNow, Inc. compare 41.7×
CDNS Cadence Design Systems, Inc. 43.4×
DDOG Datadog, Inc. compare 760×
Software Application industry median 14.4×
Technology sector median 15.7×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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