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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Cadence Design Systems's Income Statement
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$2.68 B | $2.99 B | $3.56 B | $4.09 B | $4.64 B |
| Cost of Revenue |
|
$305.50 M | $307.01 M | $371.62 M | $435.04 M | $647.50 M |
| Gross Profit |
|
$2.38 B | $2.68 B | $3.19 B | $3.65 B | $3.99 B |
| Research & Development |
|
$1.03 B | $1.13 B | $1.25 B | $1.44 B | $1.55 B |
| Selling,General & Administrative |
|
$670.89 M | $749.28 M | $846.34 M | $932.75 M | $1.04 B |
| Operating Expense |
|
$1.73 B | $1.90 B | $2.12 B | $2.40 B | $2.64 B |
| Operating Income |
|
$645.55 M | $779.09 M | $1.07 B | $1.25 B | $1.35 B |
| Net Income |
|
$590.64 M | $695.96 M | $848.95 M | $1.04 B | $1.06 B |
Cadence Design Systems's Assets vs Liabilities & Equity
Cadence Design Systems's Balance Sheet
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$928.43 M | $1.09 B | $886.82 M | $1.14 B | $2.78 B |
| Inventories |
|
$75.96 M | $115.72 M | $128.01 M | $181.66 M | $257.71 M |
| Total Current Assets |
|
$1.48 B | $1.72 B | $1.71 B | $1.98 B | $4.02 B |
| Property,Plant and Equipment |
|
$444.48 M | $436.04 M | $541.83 M | $554.01 M | $604.39 M |
| Goodwill |
|
$782.09 M | $928.36 M | $1.37 B | $1.54 B | $2.38 B |
| Total Assets |
|
$3.95 B | $4.39 B | $5.14 B | $5.67 B | $8.97 B |
| Total Liabilities |
|
$1.46 B | $1.65 B | $2.39 B | $2.27 B | $4.30 B |
| Retained Earnings |
|
$2.35 B | $3.05 B | $3.90 B | $4.94 B | $5.99 B |
| Total Shareholder Equity |
|
$2.49 B | $2.74 B | $2.75 B | $3.40 B | $4.67 B |
| Common Stock |
|
$2.22 B | $2.47 B | $2.77 B | $3.17 B | $4.18 B |
Cadence Design Systems's Cash flow
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$150.14 M | $130.70 M | $135.43 M | $140.37 M | $195.02 M |
| Dividends Payout |
|
- | - | - | - | - |
| Capital Expenditures (Capex) |
|
-$94.81 M | -$66.88 M | -$124.22 M | -$102.50 M | -$142.54 M |
| Free Cash Flow (FCF) |
|
$810.11 M | $1.03 B | $1.12 B | $1.25 B | $1.12 B |
Cadence Design Systems's Profitability
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$2.38 B | $2.68 B | $3.19 B | $3.65 B | $3.99 B |
| Gross Profit Margin (%) |
|
88.61% | 89.73% | 89.57% | 89.36% | 86.05% |
| Operating Income |
|
$645.55 M | $779.09 M | $1.07 B | $1.25 B | $1.35 B |
| Operating Income Margin (%) |
|
24.06% | 26.07% | 30.15% | 30.59% | 29.10% |
| Net Income |
|
$590.64 M | $695.96 M | $848.95 M | $1.04 B | $1.06 B |
| Net Income Margin (%) |
|
22.02% | 23.29% | 23.84% | 25.46% | 22.74% |
| EBITDA |
|
$803.63 M | $916.12 M | $1.20 B | $1.46 B | $1.67 B |
| EBITDA Margin (%) |
|
29.95% | 30.66% | 33.80% | 35.79% | 35.91% |
Cadence Design Systems's Ratios
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
23.69% | 25.39% | 30.93% | 30.58% | 22.58% |
| Return on Assets (ROA) |
|
14.95% | 15.87% | 16.53% | 18.36% | 11.76% |
| Debt to Equity |
|
18.48% | 16.59% | 32.33% | 22.45% | 55.31% |
| Debt to total asset |
|
11.66% | 10.37% | 17.27% | 13.48% | 28.80% |
| Enterprise value to revenue |
|
13.75 | 16.84 | 12.23 | 17.88 | 17.54 |
| Enterprise value to EBITDA |
|
45.89 | 54.94 | 36.20 | 49.96 | 48.85 |
| Enterprise value |
|
$36.88 B | $50.33 B | $43.57 B | $73.13 B | $81.43 B |
| Tax Rate (%) |
|
6.65% | 9.43% | 18.79% | 18.78% | 24.38% |
Frequently Asked Questions
