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 August 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCDNS vs HPE

growth of $100 · dividends reinvested · last 10y
CDNS +1211.9% (+29.4%/yr)HPE +506.4% (+19.7%/yr)CDNS compounded faster over this window
05001k2kStart $10020182020202220242026$1,312$606
CDNS HPE

CDNS vs HPE: by the numbers

  • CDNS is the larger company ($89.16B vs $79.23B market cap).
  • HPE trades at the lower trailing earnings multiple (55.99 vs 64.24 P/E), one valuation lens rather than an overall verdict.
  • CDNS converts more revenue to profit (23.61% vs 3.90% net margin).
  • CDNS grew revenue faster over the past five years (15.04% vs 7.02% CAGR).
  • HPE pays a dividend (0.95% yield), while CDNS has no payments in the available dividend history.

Metrics side by side

Valuation

MetricCDNSHPE
P/E ratio64.2455.99
Forward P/E39.6917.21
P/S ratio15.222.17
P/B ratio12.953.33
EV / EBITDA42.2618.84
FCF yield1.89%4.74%

Profitability

MetricCDNSHPE
Gross margin88.50%32.92%
Operating margin30.83%6.60%
Net margin23.61%3.90%
ROE20.09%6.00%
ROIC14.11%-0.59%

Dividends

MetricCDNSHPE
Dividend yieldN/A0.95%

Growth (annualized)

MetricCDNSHPE
Revenue CAGR (5Y)15.04%7.02%
EPS CAGR (5Y)13.62%20.10%
FCF CAGR (5Y)15.03%18.16%
Total return CAGR (5Y)16.24%34.78%

Frequently asked

Which has the lower trailing P/E, CDNS or HPE?
HPE has the lower trailing P/E: CDNS trades at 64.24 and HPE at 55.99. 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 7.02%.
Does CDNS or HPE pay a bigger dividend?
HPE pays a dividend (0.95% 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 3.90%.
How have CDNS and HPE total returns compared?
Over the past 10 years, CDNS delivered 29.32% and HPE delivered 19.82% 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 August 13, 2026.