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) Price to free cash flow

As of 25 September 2026, Cadence Design Systems, Inc. (CDNS) trades at a price to free cash flow of 53.5×. Over the past ten years it has ranged from 15.6× (August 2015) to 92.8× (December 2024); the current reading is higher than 74% of that period. That is above the Software Application industry median of 16.6× and above the Technology sector median of 19.8×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 53.5× (26.68%)
FY2024 72.9× 28.32%
FY2023 56.8× 46.65%
FY2022 38.7× (21.29%)
FY2021 49.2× 6.76%
FY2020 46.1× 59.32%
FY2019 28.9× 32.07%
FY2018 21.9× (20.95%)
FY2017 27.7× 50.73%
FY2016 18.4× 2.28%

Quarterly

Period Price to free cash flow Change
Jun 2026 61.5× 16.34%
Mar 2026 52.9× (1.08%)
Dec 2025 53.5× (17.03%)
Sep 2025 64.4× 22.14%
42 more quarters

Against its own ten years

Low 15.6× High 92.8×
Ten-year median 36.8×
Current reading's percentile 74

Price to free cash flow against peers

Company Price to free cash flow
MSTR Strategy Inc compare n/m
ADBE Adobe Inc. compare 8.8×
INTU Intuit Inc. compare 8.8×
UBER Uber Technologies, Inc. compare 14.0×
ADP Automatic Data Processing, Inc. compare 22.2×
NOW ServiceNow, Inc. compare 30.8×
CDNS Cadence Design Systems, Inc. 53.5×
DDOG Datadog, Inc. compare 89.0×
SNOW Snowflake Inc. compare 98.4×
Software Application industry median 16.6×
Technology sector median 19.8×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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