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.
CDNS
Cadence Design Systems, Inc.
$326.13TechnologyDelayed quote: Sep 25, 2026, 4:00 PM EDT
HPE
Hewlett Packard Enterprise Company
$62.94TechnologyDelayed quote: Sep 25, 2026, 4:00 PM EDT
Total return — CDNS vs HPE
growth of $100 · dividends reinvested · last 10yCDNS +1025.5% (+27.4%/yr)HPE +560.0% (+20.8%/yr)CDNS compounded faster over this window
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
| Metric | CDNS | HPE |
|---|---|---|
| P/E ratio | 64.84 | 32.78 |
| Forward P/E | 40.07 | 16.57 |
| P/S ratio | 15.39 | 1.99 |
| P/B ratio | 13.10 | 3.14 |
| EV / EBITDA | 42.74 | 15.23 |
| FCF yield | 1.87% | 4.99% |
Profitability
| Metric | CDNS | HPE |
|---|---|---|
| Gross margin | 88.50% | 36.02% |
| Operating margin | 30.83% | 8.27% |
| Net margin | 23.61% | 6.57% |
| ROE | 20.09% | 10.38% |
| ROIC | 13.29% | 6.18% |
Dividends
| Metric | CDNS | HPE |
|---|---|---|
| Dividend yield | N/A | 0.90% |
| Payout ratio | N/A | 29.04% |
Growth (annualized)
| Metric | CDNS | HPE |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Cadence Design Systems P/E ratioHewlett Packard Enterprise P/E ratioHewlett Packard Enterprise dividend yieldCadence Design Systems ROEHewlett Packard Enterprise ROECadence Design Systems operating marginHewlett Packard Enterprise operating marginCadence Design Systems revenue growthHewlett Packard Enterprise revenue growthCadence Design Systems free cash flowHewlett Packard Enterprise free cash flow
Cadence Design Systems & Hewlett Packard Enterprise 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 13, 2026.