Cadence Design Systems (CDNS) Financial Ratios: P/E, ROE & More

Cadence Design Systems (CDNS) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), Cadence Design Systems had a P/E ratio of 76.73 (down from 78.07), return on equity of 21.9% (down from 26.1%), debt-to-equity of 0.49 (down from 0.56) and a current ratio of 2.86 (down from 2.93). A current ratio of 2.86 means current assets exceed current liabilities.

Cadence Design Systems Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Jan 2022	Jan 2021
Valuation Ratios
P/E Ratio	76.73	78.07	71.17	51.91	74.21	64.43
Forward P/E	40.58	44.38	48.22	37.24	54.88	48.17
P/S Ratio	16.06	17.75	18.12	12.37	17.28	14.18
P/B Ratio	15.54	17.63	21.77	16.05	18.84	15.26
Price/Tangible Book	42.40	48.47	48.38	43.36	32.71	25.36
Price/FCF	53.62	73.71	59.43	39.39	49.87	46.98
Price/OCF	49.22	65.37	54.92	35.48	46.91	42.05
PEG Ratio	2.85	3.13	2.80	2.00	4.01	3.79
Enterprise Value Ratios
EV/Revenue	15.98	17.73	18.04	12.31	17.06	13.96
EV/EBITDA	44.35	51.61	51.98	36.05	55.23	46.64
EV/EBIT	50.37	58.88	57.90	40.45	65.30	56.98
EV/FCF	53.33	73.60	59.18	39.19	49.22	46.22
Profitability & Returns
Return on Equity (ROE)	21.86%	26.13%	33.86%	30.95%	26.60%	25.70%
Return on Assets (ROA)	10.98%	11.93%	14.74%	14.23%	11.70%	11.24%
Return on Invested Capital (ROIC)	25.77%	27.86%	35.36%	35.87%	33.82%	31.42%
Return on Capital Employed (ROCE)	19.70%	18.40%	31.20%	28.60%	22.90%	20.80%
Leverage & Solvency Ratios
Debt/Equity	0.49	0.56	0.24	0.34	0.17	0.20
Debt/EBITDA	1.35	1.59	0.55	0.73	0.50	0.59
Debt/FCF	1.68	2.35	0.65	0.83	0.46	0.61
Liquidity Ratios
Current Ratio	2.86	2.93	1.24	1.27	1.77	1.86
Quick Ratio	2.51	2.53	1.02	1.04	1.48	1.61
Efficiency Ratios
Asset Turnover	0.55	0.63	0.76	0.75	0.72	0.73
Inventory Turnover	2.57	2.95	2.81	3.05	3.20	4.64
Yield & Distribution Ratios
Earnings Yield	1.30%	1.28%	1.41%	1.93%	1.35%	1.55%
FCF Yield	1.87%	1.36%	1.68%	2.54%	2.00%	2.13%
Buyback Yield	0.19%	-0.40%	0.82%	1.38%	0.28%	0.31%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Cadence Design Systems Financial Ratios

What is Cadence Design Systems's P/E ratio?

Cadence Design Systems's P/E ratio was 76.73 for fiscal 2025 (period ended Dec 31, 2025). It was 78.07 a year earlier.

What is Cadence Design Systems's return on equity?

Cadence Design Systems's return on equity (ROE) was 21.9% for fiscal 2025 (period ended Dec 31, 2025). It was 26.1% a year earlier.

What is Cadence Design Systems's debt-to-equity ratio?

Cadence Design Systems's debt-to-equity ratio was 0.49 for fiscal 2025 (period ended Dec 31, 2025). It was 0.56 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition