Cadence Design Systems, Inc. (CDNS) Tax Rate: 27.14%
Is Cadence Design Systems, Inc.’s tax rate high or low?
Cadence Design Systems, Inc.'s tax rate of 27.14% is 55% above its 5-year average of 17.53%, near the high end of its 5-year range (6.65%–27.14%).
The tax rate for Cadence Design Systems, Inc. (CDNS) is 27.14%. It is above its 12-month average by 5.36% (25.76%).
CDNS Tax Rate Chart
CDNS Average Tax Rate Chart
CDNS Current vs Average Tax Rate Chart
CDNS Tax Rate Metrics
TAX RATE
27.14%
TAX RATE AVG TTM
25.76%
TAX RATE AVG 3Y
22.27%
TAX RATE AVG 5Y
17.53%
TAX RATE AVG 10Y
5.64%
TAX RATE AVG 15Y
22.79%
TAX RATE AVG 20Y
22.51%
CURRENT VS TTM AVG
+5.36%
CURRENT VS 3Y AVG
+21.85%
CURRENT VS 5Y AVG
+54.84%
CURRENT VS 10Y AVG
+380.97%
CURRENT VS 15Y AVG
+19.08%
CURRENT VS 20Y AVG
+20.56%
Cadence Design Systems, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Cadence Design Systems, Inc. Tax Rate FAQ
- What is the tax rate for Cadence Design Systems, Inc. (CDNS)?
- The tax rate for CDNS stock is 27.14%.
- Is Cadence Design Systems, Inc.'s tax rate high or low?
- Cadence Design Systems, Inc.'s tax rate of 27.14% is 55% above its 5-year average of 17.53%, near the high end of its 5-year range (6.65%–27.14%).
- What is the TTM average tax rate for Cadence Design Systems, Inc. (CDNS)?
- The TTM average tax rate for CDNS stock is 25.76%.
- What is the 3Y average tax rate for Cadence Design Systems, Inc. (CDNS)?
- The 3Y average tax rate for CDNS stock is 22.27%.
- What is the 5Y average tax rate for Cadence Design Systems, Inc. (CDNS)?
- The 5Y average tax rate for CDNS stock is 17.53%.
- What is the 10Y average tax rate for Cadence Design Systems, Inc. (CDNS)?
- The 10Y average tax rate for CDNS stock is 5.64%.
- What is the 15Y average tax rate for Cadence Design Systems, Inc. (CDNS)?
- The 15Y average tax rate for CDNS stock is 22.79%.
- What is the 20Y average tax rate for Cadence Design Systems, Inc. (CDNS)?
- The 20Y average tax rate for CDNS stock is 22.51%.
Cadence Design Systems, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 27.14% |
| 2024-12-31 | 24.38% |
| 2023-12-31 | 18.78% |
| 2022-12-31 | 18.79% |
| 2021-12-31 | 9.43% |
| 2020-12-31 | 6.65% |
| 2019-12-31 | -106.48% |
| 2018-12-31 | 8.13% |
| 2017-12-31 | 35.22% |
| 2016-12-31 | 14.36% |
| 2015-12-31 | 5.67% |
| 2014-12-31 | 12.21% |
| 2013-12-31 | -3.30% |
| 2012-12-31 | -133.68% |
| 2011-12-31 | 24.31% |
| 2010-12-31 | 403.05% |
| 2009-12-31 | 2.37% |
| 2008-12-31 | -15.75% |
| 2007-12-31 | 18.63% |
| 2006-12-31 | 41.22% |
| 2005-12-31 | 61.60% |
| 2004-12-31 | 13.84% |
| 2003-12-31 | 42.53% |
| 2002-12-31 | 54.45% |
| 2001-12-31 | 41.65% |
| 2000-12-31 | 26.50% |
| 1999-12-31 | -23.68% |
| 1998-12-31 | 71.61% |
| 1997-12-31 | 33.28% |
| 1996-12-31 | 67.91% |
Related Metrics
About Cadence Design Systems, Inc.
Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Anirudh Devgan