Which has the lower trailing P/E, CDNS or TER?

TER has the lower trailing P/E: CDNS trades at 56.58 and TER at 52.63. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CDNS or TER?

Over the past five years, CDNS grew revenue faster — CDNS at a 15.04% CAGR versus TER at 6.58%.

Does CDNS or TER pay a bigger dividend?

TER pays a dividend (0.13% yield), while CDNS has no payments in the available dividend history.

Is CDNS or TER more profitable?

TER runs the higher net margin — CDNS at 23.61% versus TER at 25.77%.

How have CDNS and TER total returns compared?

Over the past 10 years, CDNS delivered 27.52% and TER delivered 34.90% annualized total return. Past performance doesn't predict future results.

Cadence Design Systems, Inc. (CDNS) vs Teradyne, Inc. (TER)

A side-by-side comparison of Cadence Design Systems, Inc. and Teradyne, 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.

CDNS

Cadence Design Systems, Inc.

$78.38B

$284.60TechnologyDelayed quote: Sep 9, 2026, 4:00 PM EDT

TER

Teradyne, Inc.

$59.99B

$383.69TechnologyDelayed quote: Sep 9, 2026, 4:00 PM EDT

Total return — CDNS vs TER

growth of $100 · dividends reinvested · last 10y

CDNS +1025.3% (+27.4%/yr)TER +1827.1% (+34.4%/yr)TER compounded faster over this window

CDNS TER

CDNS vs TER: by the numbers

•CDNS is the larger company ($78.38B vs $59.99B market cap).
•TER trades at the lower trailing earnings multiple (52.63 vs 56.58 P/E), one valuation lens rather than an overall verdict.
•TER converts more revenue to profit (25.77% vs 23.61% net margin).
•CDNS grew revenue faster over the past five years (15.04% vs 6.58% CAGR).
•TER pays a dividend (0.13% yield), while CDNS has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	CDNS	TER
P/E ratio	56.58	52.63
P/S ratio	13.43	13.44
P/B ratio	11.43	17.45
EV / EBITDA	37.36	40.70
FCF yield	2.14%	1.33%

Profitability

Metric	CDNS	TER
Gross margin	88.50%	59.31%
Operating margin	30.83%	21.74%
Net margin	23.61%	25.77%
ROE	20.09%	33.46%
ROIC	13.29%	30.79%

Dividends

Metric	CDNS	TER
Dividend yield	N/A	0.13%
Payout ratio	N/A	6.86%

Growth (annualized)

Metric	CDNS	TER
Revenue CAGR (5Y)	15.04%	6.58%
EPS CAGR (5Y)	13.62%	-5.86%
FCF CAGR (5Y)	15.03%	-8.02%
Total return CAGR (5Y)	11.40%	26.83%

Frequently asked

Which has the lower trailing P/E, CDNS or TER?: TER has the lower trailing P/E: CDNS trades at 56.58 and TER at 52.63. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CDNS or TER?: Over the past five years, CDNS grew revenue faster — CDNS at a 15.04% CAGR versus TER at 6.58%.
Does CDNS or TER pay a bigger dividend?: TER pays a dividend (0.13% yield), while CDNS has no payments in the available dividend history.
Is CDNS or TER more profitable?: TER runs the higher net margin — CDNS at 23.61% versus TER at 25.77%.
How have CDNS and TER total returns compared?: Over the past 10 years, CDNS delivered 27.52% and TER delivered 34.90% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CDNS analysis Full TER analysis Interactive comparison tool

Dig into the metrics

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

Cadence Design Systems & Teradyne appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin 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 September 10, 2026.