Is CDNS or SHOP cheaper?

On trailing earnings, CDNS is cheaper: CDNS trades at a 89.73 P/E and SHOP at 106.12.

Which has grown faster, CDNS or SHOP?

Over the past five years, SHOP grew revenue faster — CDNS at a 14.78% CAGR versus SHOP at 29.11%.

Is CDNS or SHOP more profitable?

CDNS runs the higher net margin — CDNS at 21.18% versus SHOP at 10.77%.

Which has been the better investment, CDNS or SHOP?

Over the past 10-year, SHOP delivered the higher annualized total return — CDNS at 31.59% versus SHOP at 43.95%. Past performance doesn't predict future results.

Cadence Design Systems, Inc. (CDNS) vs Shopify Inc. (SHOP)

CDNS leads on 9 of 16 compared metrics.

A side-by-side comparison of Cadence Design Systems, Inc. and Shopify Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

CDNS

Cadence Design Systems, Inc.

Total return — CDNS vs SHOP

growth of $100 · last 11y

CDNS +1884.3%SHOP +6267.1%SHOP compounded faster

CDNS SHOP

CDNS vs SHOP: by the numbers

•SHOP is the larger company ($140.46B vs $106.18B market cap).
•CDNS trades at the lower earnings multiple (89.73 vs 106.12 P/E).
•CDNS converts more revenue to profit (21.18% vs 10.77% net margin).
•SHOP grew revenue faster over the past five years (29.11% vs 14.78% CAGR).

Which is better, CDNS or SHOP?

Metric tally: CDNS 9 · SHOP 7

It depends on what you're optimizing for:

ValueCDNS(lower P/E)

GrowthSHOP(faster 5Y revenue CAGR)

QualityCDNS(higher ROIC)

Metrics side by side

Valuation

Metric	CDNS	SHOP
P/E ratio	89.73●	106.12
Forward P/E	41.13●	46.86
P/S ratio	19.06	11.41●
P/B ratio	16.06	11.25●
PEG ratio	14.88	3.71●
EV / EBITDA	56.46●	240.76
FCF yield	1.36%	1.51%●

Profitability

Metric	CDNS	SHOP
Gross margin	88.85%●	47.97%
Operating margin	31.11%●	13.32%
Net margin	21.18%●	10.77%
ROE	17.85%●	10.62%
ROIC	14.11%●	8.67%

Growth (annualized)

Metric	CDNS	SHOP
Revenue CAGR (5Y)	14.78%	29.11%●
EPS CAGR (5Y)	13.62%	28.61%●
FCF CAGR (5Y)	11.44%	28.17%●
Total return CAGR (5Y)	24.38%●	-2.79%

Frequently asked

Which is better, CDNS or SHOP?: It depends on your goal. value: CDNS (lower P/E); growth: SHOP (faster 5Y revenue CAGR); quality: CDNS (higher ROIC). Across all compared metrics, CDNS leads 9 to 7.
Is CDNS or SHOP cheaper?: On trailing earnings, CDNS is cheaper: CDNS trades at a 89.73 P/E and SHOP at 106.12.
Which has grown faster, CDNS or SHOP?: Over the past five years, SHOP grew revenue faster — CDNS at a 14.78% CAGR versus SHOP at 29.11%.
Is CDNS or SHOP more profitable?: CDNS runs the higher net margin — CDNS at 21.18% versus SHOP at 10.77%.
Which has been the better investment, CDNS or SHOP?: Over the past 10-year, SHOP delivered the higher annualized total return — CDNS at 31.59% versus SHOP at 43.95%. Past performance doesn't predict future results.

Go deeper

Full CDNS analysis Full SHOP analysis Interactive comparison tool

Dig into the metrics

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

Cadence Design Systems & Shopify appear in these rankings

Fastest Revenue Growth Stocks Highest Operating Margin Stocks Best 10-Year Total Return 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 June 15, 2026.