Cadence Design Systems Inc. Earnings logo

CDNS

Cadence Design Systems Inc. Earnings

$250.5

Earnings Summary

Revenue
$1355.98Mn
Net Profits
$340.21Mn
Net Profit Margins
25.09%
PE Ratio
65.06
Highlights
Revenue:

Cadence Design Systems Inc.’s revenue jumped 26.89% since last year same period to $1355.98Mn in the Q4 2024. On a quarterly growth basis, Cadence Design Systems Inc. has generated 11.56% jump in its revenue since last 3-months.

Net Profits:

Cadence Design Systems Inc.’s net profit jumped 5.04% since last year same period to $340.21Mn in the Q4 2024. On a quarterly growth basis, Cadence Design Systems Inc. has generated 42.88% jump in its net profits since last 3-months.

Net Profit Margins:

Cadence Design Systems Inc.’s net profit margin fell -17.22% since last year same period to 25.09% in the Q4 2024. On a quarterly growth basis, Cadence Design Systems Inc. has generated 28.08% jump in its net profit margins since last 3-months.

PE Ratio:

Cadence Design Systems Inc.’s price-to-earnings ratio after this Q4 2024 earnings stands at 65.06.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Cadence Design Systems Inc. post its latest quarter earnings
EPS Estimate Current Quarter
1.82
EPS Estimate Current Year
1.82
Highlights
EPS Estimate Current Quarter:

Cadence Design Systems Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.82 - a 26.55% jump from last quarter’s estimates.

EPS Estimate Current Year:

Cadence Design Systems Inc.’s earning per share (EPS) estimates for the current year stand at 1.82.

Key Ratios

Key ratios of the Cadence Design Systems Inc. post its Q4 2024 earnings
Earning Per Share (EPS)
1.88
Return on Assets (ROA)
0.12
Return on Equity (ROE)
0.26
Highlights
Earning Per Share (EPS):

Cadence Design Systems Inc.’s earning per share (EPS) jumped 36.23% since last year same period to 1.88 in the Q4 2024. This indicates that the Cadence Design Systems Inc. has generated 36.23% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Cadence Design Systems Inc.’s return on assets (ROA) stands at 0.12.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Cadence Design Systems Inc.’s return on equity (ROE) stands at 0.26.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-10-30
1.44
1.64
13.89%
2025-02-21
1.82
1.88
3.17%
2024-07-24
1.22
1.28
4.92%
2024-04-24
1.13
1.17
3.54%