Cadence Design Systems, Inc. (CDNS) vs Hewlett Packard Enterprise Company (HPE)

A side-by-side comparison of Cadence Design Systems, Inc. and Hewlett Packard Enterprise Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — CDNS vs HPE

growth of $100 · dividends reinvested · last 10y
CDNS +1025.5% (+27.4%/yr)HPE +560.0% (+20.8%/yr)CDNS compounded faster over this window
05001k2kStart $10020182020202220242026$1,126$660
CDNS HPE

CDNS vs HPE: by the numbers

  • •CDNS is the larger company ($89.81B vs $83.35B market cap).
  • •HPE trades at the lower trailing earnings multiple (32.78 vs 64.84 P/E), one valuation lens rather than an overall verdict.
  • •CDNS converts more revenue to profit (23.61% vs 6.57% net margin).
  • •CDNS grew revenue faster over the past five years (15.04% vs 8.54% CAGR).
  • •HPE pays a dividend (0.90% yield), while CDNS has no payments in the available dividend history.

Metrics side by side

Valuation

MetricCDNSHPE
P/E ratio64.8432.78
Forward P/E40.0716.57
P/S ratio15.391.99
P/B ratio13.103.14
EV / EBITDA42.7415.23
FCF yield1.87%4.99%

Profitability

MetricCDNSHPE
Gross margin88.50%36.02%
Operating margin30.83%8.27%
Net margin23.61%6.57%
ROE20.09%10.38%
ROIC13.29%6.18%

Dividends

MetricCDNSHPE
Dividend yieldN/A0.90%
Payout ratioN/A29.04%

Growth (annualized)

MetricCDNSHPE
Revenue CAGR (5Y)15.04%8.54%
EPS CAGR (5Y)13.62%20.10%
FCF CAGR (5Y)15.03%25.67%
Total return CAGR (5Y)11.63%37.67%

Frequently asked

Which has the lower trailing P/E, CDNS or HPE?
HPE has the lower trailing P/E: CDNS trades at 64.84 and HPE at 32.78. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CDNS or HPE?
Over the past five years, CDNS grew revenue faster — CDNS at a 15.04% CAGR versus HPE at 8.54%.
Does CDNS or HPE pay a bigger dividend?
HPE pays a dividend (0.90% yield), while CDNS has no payments in the available dividend history.
Is CDNS or HPE more profitable?
CDNS runs the higher net margin — CDNS at 23.61% versus HPE at 6.57%.
How have CDNS and HPE total returns compared?
Over the past 10 years, CDNS delivered 27.71% and HPE delivered 21.01% annualized total return. 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 September 13, 2026.