Automatic Data Processing, Inc. (ADP) vs Cadence Design Systems, Inc. (CDNS)

ADP leads on 9 of 16 compared metrics.

A side-by-side comparison of Automatic Data Processing, Inc. and Cadence Design Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total returnADP vs CDNS

growth of $100 · dividends reinvested · last 30y
ADP +2970.5%CDNS +2225.5%ADP compounded faster
01k2k3k4kStart $100200120062011201620212026$3,070$2,325
ADP CDNS

ADP vs CDNS: by the numbers

  • ADP is the larger company ($102.03B vs $91.00B market cap).
  • ADP trades at the lower earnings multiple (23.79 vs 76.91 P/E).
  • CDNS converts more revenue to profit (21.18% vs 20.12% net margin).
  • CDNS grew revenue faster over the past five years (14.78% vs 8.08% CAGR).
  • ADP pays a dividend (2.60% yield) while CDNS does not currently pay one.

Which is better, ADP or CDNS?

Metric tally: ADP 9 · CDNS 7

It depends on what you're optimizing for:

ValueADP(lower P/E)
GrowthCDNS(faster 5Y revenue CAGR)
QualityADP(higher ROIC)

Metrics side by side

Valuation

MetricADPCDNS
P/E ratio23.7976.91
Forward P/E23.0541.56
P/S ratio4.7516.34
P/B ratio16.1713.76
PEG ratio3.2014.86
EV / EBITDA22.3846.31
FCF yield5.02%1.58%

Profitability

MetricADPCDNS
Gross margin47.48%88.85%
Operating margin19.20%31.11%
Net margin20.12%21.18%
ROE68.43%17.85%
ROIC24.66%14.11%

Dividends

MetricADPCDNS
Dividend yield2.60%
Payout ratio66.27%

Growth (annualized)

MetricADPCDNS
Revenue CAGR (5Y)8.08%14.78%
EPS CAGR (5Y)11.83%13.62%
FCF CAGR (5Y)14.52%11.44%
Total return CAGR (5Y)6.93%18.74%

Frequently asked

Which is better, ADP or CDNS?
It depends on your goal. value: ADP (lower P/E); growth: CDNS (faster 5Y revenue CAGR); quality: ADP (higher ROIC). Across all compared metrics, ADP leads 9 to 7.
Is ADP or CDNS cheaper?
On trailing earnings, ADP is cheaper: ADP trades at a 23.79 P/E and CDNS at 76.91.
Which has grown faster, ADP or CDNS?
Over the past five years, CDNS grew revenue faster — ADP at a 8.08% CAGR versus CDNS at 14.78%.
Does ADP or CDNS pay a bigger dividend?
ADP pays a dividend (2.60% yield) while CDNS does not currently pay one.
Is ADP or CDNS more profitable?
CDNS runs the higher net margin — ADP at 20.12% versus CDNS at 21.18%.
Which has been the better investment, ADP or CDNS?
Over the past 10-year, CDNS delivered the higher annualized total return — ADP at 12.76% versus CDNS at 28.88%. Past performance doesn't predict future results.

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 20, 2026.