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Cadence Design Systems, Inc. (CDNS)
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Cadence Design Systems, Inc. (CDNS) Total Return:25.54%(TTM)

Stocks/CDNS Stock/Performance/total return cagr
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The total return cagr for Cadence Design Systems, Inc. (CDNS) is +25.54% over the latest trailing 12-month period. The comparable SPY value is +22.12%. Year-to-date total return is +22.76%. Total return includes price appreciation and reinvested dividends.

Growth of $10,000 in CDNS

$180,569

(18.1x return)

Invested on Jun 10, 1996

Growth of $10,000 in SPY (S&P 500)

$181,640

(18.2x return)

Invested on Jun 10, 1996

Hypothetical Growth of $10,000

This chart illustrates the cumulative performance of a hypothetical $10,000 investment. It assumes that all dividends paid by both the stock and SPY are reinvested in additional shares on the payment date, showing the true long-term compounding impact of distributions.

Recent Performance Indicators

YTD Total Return

+22.8%

1-Year Total Return

+25.5%

Current Dividend Yield

0.00%

Price CAGR vs. Total Return CAGR

Compound Annual Growth Rate (CAGR) is shown below. The difference between price CAGR and total return CAGR is the compound contribution of dividends reinvested.

Holding PeriodPrice CAGRTotal Return CAGRDividend Addition
1 Year+25.5%+25.5%
3 Years+18.7%+18.7%
5 Years+24.5%+24.5%
10 Years+31.6%+31.6%
15 Years+27.5%+27.5%
20 Years+16.9%+16.9%

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.

San Jose, CA
12,837 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Anirudh Devgan