Cadence Design Systems Inc (CDNS)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 74.94% | 74.32% | 74.16% | 74.12% | 74.09% | 73.86% | 73.89% | 73.40% | 72.49% | 72.65% | 72.79% | 72.67% | 72.04% | 71.33% | 70.65% | 70.73% | 71.22% | 72.35% | 72.74% | 71.36% |
| Operating profit margin | 30.90% | 29.03% | 29.06% | 29.51% | 30.37% | 31.01% | 30.38% | 28.53% | 26.25% | 25.98% | 25.89% | 25.54% | 24.25% | 22.84% | 21.64% | 21.39% | 21.30% | 21.73% | 21.43% | 20.19% |
| Pretax margin | 31.66% | 29.15% | 28.77% | 28.96% | 29.57% | 30.15% | 29.58% | 27.95% | 25.89% | 25.72% | 25.68% | 25.36% | 23.77% | 22.14% | 20.89% | 20.46% | 20.75% | 21.10% | 20.78% | 19.62% |
| Net profit margin | 25.71% | 24.69% | 23.64% | 23.44% | 24.01% | 23.01% | 23.75% | 23.75% | 23.45% | 23.44% | 23.62% | 23.52% | 22.19% | 43.18% | 42.22% | 42.22% | 42.84% | 18.72% | 19.02% | 18.10% |
Cadence Design Systems, Inc. has shown consistent and strong profitability ratios over the past eight quarters. The gross profit margin has remained high, ranging from 89.18% to 89.57%. This indicates that the company is effectively managing its production costs and generating substantial profits from its sales.
The operating profit margin has also been stable, fluctuating between 28.78% and 30.86%. This metric reflects the company's ability to control its operating expenses while generating profits from its core business activities.
The pretax margin has shown a similar trend, with values between 27.77% and 31.34%. This ratio indicates Cadence Design Systems, Inc.'s efficiency in managing its overall expenses and generating profits before taxes.
Lastly, the net profit margin, which ranged from 23.23% to 25.46%, reflects the company's ability to convert its revenue into bottom-line profits after accounting for all expenses and taxes.
Overall, Cadence Design Systems, Inc. has demonstrated strong profitability performance, as evidenced by its stable and high-profit margins across the quarters analyzed.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 22.07% | 20.73% | 21.22% | 20.83% | 20.90% | 21.30% | 22.73% | 20.34% | 17.76% | 18.23% | 18.04% | 17.76% | 16.34% | 13.75% | 13.03% | 13.34% | 14.65% | 18.65% | 18.35% | 17.23% |
| Return on assets (ROA) | 18.36% | 17.63% | 17.26% | 16.54% | 16.53% | 15.80% | 17.77% | 16.93% | 15.87% | 16.45% | 16.46% | 16.35% | 14.95% | 26.00% | 25.41% | 26.34% | 29.46% | 16.07% | 16.29% | 15.45% |
| Return on total capital | 35.59% | 31.01% | 31.36% | 30.23% | 31.48% | 38.66% | 37.41% | 32.35% | 25.43% | 29.57% | 30.05% | 28.53% | 23.01% | 20.86% | 20.05% | 19.93% | 20.33% | 27.44% | 27.30% | 26.18% |
| Return on equity (ROE) | 30.58% | 30.75% | 30.59% | 29.09% | 30.93% | 28.99% | 29.53% | 26.96% | 25.39% | 26.34% | 26.96% | 25.72% | 23.69% | 44.94% | 45.04% | 45.99% | 47.03% | 28.90% | 29.75% | 28.81% |
Cadence Design Systems, Inc. has shown consistent profitability over the past eight quarters, as evidenced by its profitability ratios.
- Operating return on assets (Operating ROA): Cadence Design Systems, Inc. has maintained a high level of operating return on assets, ranging between 20.33% and 22.73% over the last eight quarters. This indicates that the company is efficient in generating profits from its assets used in operations.
- Return on assets (ROA): The company's overall return on assets has also been favorable, with values ranging from 15.80% to 18.36% over the same period. This suggests that Cadence Design Systems, Inc. is effectively utilizing its assets to generate profits for its stakeholders.
- Return on total capital: Cadence Design Systems, Inc. has consistently achieved a strong return on total capital, with values ranging from 28.74% to 33.34% across the last eight quarters. This indicates that the company is efficient in generating returns for all its capital providers.
- Return on equity (ROE): The return on equity for Cadence Design Systems, Inc. has also been impressive, varying from 26.96% to 30.93% in the same period. This indicates that the company is delivering strong returns to its shareholders based on their investments.
Overall, Cadence Design Systems, Inc. has demonstrated strong profitability ratios, showcasing its ability to generate profits from its assets, capital, and equity consistently over the past eight quarters.
See also:
Cadence Design Systems Inc Profitability Ratios (Quarterly Data)