Which has the lower trailing P/E, APP or CDNS?

APP has the lower trailing P/E: APP trades at 25.80 and CDNS at 67.28. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, APP or CDNS?

Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus CDNS at 15.04%.

Is APP or CDNS more profitable?

APP runs the higher net margin — APP at 64.58% versus CDNS at 23.61%.

How have APP and CDNS total returns compared?

Over the past 5 years, APP delivered 41.76% and CDNS delivered 29.93% annualized total return. Past performance doesn't predict future results.

AppLovin Corporation (APP) vs Cadence Design Systems, Inc. (CDNS)

A side-by-side comparison of AppLovin Corporation and Cadence Design Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 7, 2026. Differences are shown without an overall score or investment verdict.

APP

AppLovin Corporation

$115.04B

$342.44TechnologyDelayed quote: Aug 7, 2026, 1:25 PM EDT

CDNS

Cadence Design Systems, Inc.

$93.29B

$338.76TechnologyDelayed quote: Aug 7, 2026, 1:25 PM EDT

Total return — APP vs CDNS

growth of $100 · dividends reinvested · last 5y

APP +414.8%CDNS +135.9%APP compounded faster

APP CDNS

APP vs CDNS: by the numbers

•APP is the larger company ($115.04B vs $93.29B market cap).
•APP trades at the lower trailing earnings multiple (25.80 vs 67.28 P/E), one valuation lens rather than an overall verdict.
•APP converts more revenue to profit (64.58% vs 23.61% net margin).
•APP grew revenue faster over the past five years (25.84% vs 15.04% CAGR).

Metrics side by side

Valuation

Metric	APP	CDNS
P/E ratio	25.80	67.28
Forward P/E	21.01	41.57
P/S ratio	16.61	15.94
P/B ratio	35.86	13.57
PEG ratio	0.62	14.86
EV / EBITDA	21.00	44.24
FCF yield	3.97%	1.80%

Profitability

Metric	APP	CDNS
Gross margin	88.46%	88.50%
Operating margin	77.44%	30.83%
Net margin	64.58%	23.61%
ROE	139.42%	20.09%
ROIC	60.71%	14.11%

Growth (annualized)

Metric	APP	CDNS
Revenue CAGR (5Y)	25.84%	15.04%
EPS CAGR (5Y)	73.54%	13.62%
FCF CAGR (5Y)	73.58%	15.03%
Total return CAGR (5Y)	41.76%	17.51%

Frequently asked

Which has the lower trailing P/E, APP or CDNS?: APP has the lower trailing P/E: APP trades at 25.80 and CDNS at 67.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, APP or CDNS?: Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus CDNS at 15.04%.
Is APP or CDNS more profitable?: APP runs the higher net margin — APP at 64.58% versus CDNS at 23.61%.
How have APP and CDNS total returns compared?: Over the past 5 years, APP delivered 41.76% and CDNS delivered 29.93% annualized total return. Past performance doesn't predict future results.

Go deeper

Full APP analysis Full CDNS analysis Interactive comparison tool

Dig into the metrics

AppLovin P/E ratio Cadence Design Systems P/E ratio AppLovin dividend yield Cadence Design Systems dividend yield AppLovin ROE Cadence Design Systems ROE AppLovin operating margin Cadence Design Systems operating margin AppLovin revenue growth Cadence Design Systems revenue growth AppLovin free cash flow Cadence Design Systems free cash flow

AppLovin & Cadence Design Systems appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

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 August 7, 2026.