Cadence Design Systems, Inc.

CDNS Technology Software Application

Cadence Design Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.3 billion, up 14.1% from fiscal 2024. In the quarter to June 2026, revenue grew 24.2%, EPS grew 127.1%, free cash flow grew 72.5% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years.

328.28 14.47 −4.22%
Market cap
$94.0B
P/E
64.9×
Fwd P/E
65.8×
Dividend yield
—
F-score
5/9
Altman Z
13.22
Beneish M
−2.43
Dividend safety
n/a

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

Alert me on EV/FCF

As of 30 October 2026, Cadence Design Systems, Inc. (CDNS) trades at a EV/FCF of 54.7×. Over the past ten years it has ranged from 16.6× (August 2015) to 92.8× (December 2024); the current reading is higher than 76% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 53.3× (26.99%)
FY2024 73.1× 29.27%
FY2023 56.5× 46.36%
FY2022 38.6× (20.41%)
FY2021 48.5× 5.91%
FY2020 45.8× 61.17%
FY2019 28.4× 30.71%
FY2018 21.7× (21.82%)
FY2017 27.8× 46.69%
FY2016 19.0× (0.44%)

Quarterly newest first

Period EV/FCF Change
Jun 2026 62.4× 15.70%
Mar 2026 53.9× 1.09%
Dec 2025 53.3× (17.26%)
Sep 2025 64.5× 22.22%
42 more quarters

Against its own ten years

Low 16.6× High 92.8×
Ten-year median 36.5×
Current reading's percentile 74

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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