Adobe Inc. (ADBE) vs Cadence Design Systems, Inc. (CDNS)
A side-by-side comparison of Adobe Inc. and Cadence Design Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
ADBE
Adobe Inc.
$249.18TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
CDNS
Cadence Design Systems, Inc.
$344.72TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — ADBE vs CDNS
growth of $100 · dividends reinvested · last 30yADBE +5852.4%CDNS +2169.5%ADBE compounded faster
ADBE CDNS
ADBE vs CDNS: by the numbers
- •ADBE is the larger company ($99.05B vs $95.08B market cap).
- •ADBE trades at the lower trailing earnings multiple (13.60 vs 67.32 P/E), one valuation lens rather than an overall verdict.
- •ADBE converts more revenue to profit (28.69% vs 23.61% net margin).
- •CDNS grew revenue faster over the past five years (15.04% vs 12.38% CAGR).
Metrics side by side
Valuation
| Metric | ADBE | CDNS |
|---|---|---|
| P/E ratio | 13.60 | 67.32 |
| Forward P/E | 9.74 | 42.16 |
| P/S ratio | 3.79 | 15.95 |
| P/B ratio | 8.30 | 13.58 |
| PEG ratio | 0.55 | 14.86 |
| EV / EBITDA | 9.92 | 46.87 |
| FCF yield | 11.12% | 1.80% |
Profitability
| Metric | ADBE | CDNS |
|---|---|---|
| Gross margin | 89.12% | 88.50% |
| Operating margin | 36.07% | 30.83% |
| Net margin | 28.69% | 23.61% |
| ROE | 62.76% | 20.09% |
| ROIC | 36.69% | 14.11% |
Growth (annualized)
| Metric | ADBE | CDNS |
|---|---|---|
| Revenue CAGR (5Y) | 12.38% | 15.04% |
| EPS CAGR (5Y) | 8.86% | 13.62% |
| FCF CAGR (5Y) | 12.31% | 15.03% |
| Total return CAGR (5Y) | -17.40% | 18.88% |
Frequently asked
- Which has the lower trailing P/E, ADBE or CDNS?
- ADBE has the lower trailing P/E: ADBE trades at 13.60 and CDNS at 67.32. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ADBE or CDNS?
- Over the past five years, CDNS grew revenue faster — ADBE at a 12.38% CAGR versus CDNS at 15.04%.
- Is ADBE or CDNS more profitable?
- ADBE runs the higher net margin — ADBE at 28.69% versus CDNS at 23.61%.
- How have ADBE and CDNS total returns compared?
- Over the past 10 years, ADBE delivered 9.28% and CDNS delivered 30.48% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Adobe P/E ratioCadence Design Systems P/E ratioAdobe dividend yieldCadence Design Systems dividend yieldAdobe ROECadence Design Systems ROEAdobe operating marginCadence Design Systems operating marginAdobe revenue growthCadence Design Systems revenue growthAdobe free cash flowCadence Design Systems free cash flow
Adobe & Cadence Design Systems appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.