Booking Holdings Inc. (BKNG) vs Cadence Design Systems, Inc. (CDNS)
A side-by-side comparison of Booking Holdings Inc. and Cadence Design Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
Different business models: BKNG is classified in Consumer Cyclical; CDNS is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
BKNG
Booking Holdings Inc.
$173.92Consumer CyclicalDelayed quote: Sep 11, 2026, 4:00 PM EDT
CDNS
Cadence Design Systems, Inc.
$289.37TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — BKNG vs CDNS
growth of $100 · dividends reinvested · last 10yBKNG +204.8% (+11.8%/yr)CDNS +1008.3% (+27.2%/yr)CDNS compounded faster over this window
BKNG CDNS
BKNG vs CDNS: by the numbers
- •BKNG is the larger company ($134.77B vs $79.69B market cap).
- •BKNG trades at the lower trailing earnings multiple (19.29 vs 57.53 P/E), one valuation lens rather than an overall verdict.
- •BKNG converts more revenue to profit (25.53% vs 23.61% net margin).
- •BKNG grew revenue faster over the past five years (31.52% vs 15.04% CAGR).
- •BKNG pays a dividend (0.92% yield), while CDNS has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | BKNG | CDNS |
|---|---|---|
| P/E ratio | 19.29 | 57.53 |
| Forward P/E | 16.64 | 35.55 |
| P/S ratio | 4.77 | 13.65 |
| P/B ratio | N/A | 11.62 |
| EV / EBITDA | 13.30 | 37.98 |
| FCF yield | 7.08% | 2.11% |
Profitability
| Metric | BKNG | CDNS |
|---|---|---|
| Gross margin | 100.00% | 88.50% |
| Operating margin | 34.49% | 30.83% |
| Net margin | 25.53% | 23.61% |
| ROE | N/A | 20.09% |
| ROIC | 71.23% | 13.29% |
Dividends
| Metric | BKNG | CDNS |
|---|---|---|
| Dividend yield | 0.92% | N/A |
| Payout ratio | 17.83% | N/A |
Growth (annualized)
| Metric | BKNG | CDNS |
|---|---|---|
| Revenue CAGR (5Y) | 31.52% | 15.04% |
| EPS CAGR (5Y) | 158.62% | 13.62% |
| FCF CAGR (5Y) | 56.15% | 15.03% |
| Total return CAGR (5Y) | 14.07% | 11.30% |
Frequently asked
- Which has the lower trailing P/E, BKNG or CDNS?
- BKNG has the lower trailing P/E: BKNG trades at 19.29 and CDNS at 57.53. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BKNG or CDNS?
- Over the past five years, BKNG grew revenue faster — BKNG at a 31.52% CAGR versus CDNS at 15.04%.
- Does BKNG or CDNS pay a bigger dividend?
- BKNG pays a dividend (0.92% yield), while CDNS has no payments in the available dividend history.
- Is BKNG or CDNS more profitable?
- BKNG runs the higher net margin — BKNG at 25.53% versus CDNS at 23.61%.
- How have BKNG and CDNS total returns compared?
- Over the past 10 years, BKNG delivered 12.15% and CDNS delivered 27.53% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Booking P/E ratioCadence Design Systems P/E ratioBooking dividend yieldBooking ROECadence Design Systems ROEBooking operating marginCadence Design Systems operating marginBooking revenue growthCadence Design Systems revenue growthBooking free cash flowCadence Design Systems free cash flow
Booking & 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 September 10, 2026.