Cadence Design Systems, Inc. CDNS
- Market cap
- $88.7B
- P/E
- 64.5×
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Cadence Design Systems, Inc. (CDNS) Return on invested capital
Cadence Design Systems, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 14.0%, down 4.8 percentage points from fiscal 2025 (18.8%). Over the past ten years it has ranged from 15.8% (fiscal 2016) to 25.7% (fiscal 2022); the current reading is higher than 45% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 18.8% | 0.09 |
| FY2024 | 18.7% | (6.94) |
| FY2023 | 25.7% | (0.02) |
| FY2022 | 25.7% | 1.65 |
| FY2021 | 24.1% | 3.31 |
| FY2020 | 20.7% | 3.37 |
| FY2019 | 17.4% | (3.26) |
| FY2018 | 20.6% | 0.98 |
| FY2017 | 19.7% | 3.82 |
| FY2016 | 15.8% | (1.86) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| ADP Automatic Data Processing, Inc. compare | 53.4% |
| ADBE Adobe Inc. compare | 46.4% |
| INTU Intuit Inc. compare | 20.2% |
| CDNS Cadence Design Systems, Inc. | 14.0% |
| UBER Uber Technologies, Inc. compare | 12.0% |
| NOW ServiceNow, Inc. compare | 6.83% |
| DDOG Datadog, Inc. compare | 2.78% |
| SNOW Snowflake Inc. compare | −37.0% |
| MSTR Strategy Inc compare | −64.7% |
| Software Application industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on CDNS
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement