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.

319.51 4.87 −1.50%
Market cap
$89.3B
P/E
63.1×
Fwd P/E
83.7×
Dividend yield
—
F-score
5/9
Altman Z
13.22
Beneish M
−2.43
Dividend safety
n/a

Cadence Design Systems, Inc. (CDNS) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, Cadence Design Systems, Inc. (CDNS) trades at a P/S ratio of 15.0×. Over the past ten years it has ranged from 3.1× (February 2015) to 21.6× (June 2024); the current reading is higher than 69% of that period. That is above the Software Application industry median of 2.7× and above the Technology sector median of 2.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 16.0× (8.80%)
FY2024 17.6× 1.40%
FY2023 17.3× 42.45%
FY2022 12.2× (28.73%)
FY2021 17.1× 22.53%
FY2020 13.9× 71.60%
FY2019 8.1× 45.72%
FY2018 5.6× (5.47%)
FY2017 5.9× 48.34%
FY2016 4.0× 12.73%

Quarterly newest first

Period P/S ratio Change
Jun 2026 17.6× 28.81%
Mar 2026 13.7× (14.60%)
Dec 2025 16.0× (12.37%)
Sep 2025 18.3× 11.23%
42 more quarters

Against its own ten years

Low 3.1× High 21.6×
Ten-year median 12.2×
Current reading's percentile 66

P/S ratio against peers

Company P/S ratio
UBER Uber Technologies, Inc. compare 2.6×
ADBE Adobe Inc. compare 3.7×
INTU Intuit Inc. compare 4.2×
ADP Automatic Data Processing, Inc. compare 5.3×
TEAM Atlassian Corporation PLC compare 8.2×
CDNS Cadence Design Systems, Inc. 15.0×
SNOW Snowflake Inc. compare 19.7×
DDOG Datadog, Inc. compare 22.2×
MSTR Strategy Inc compare 96.8×
Software Application industry median 2.7×
Technology sector median 2.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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