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Cadence Design Systems, Inc.

Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property (IP) products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including Innovus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI express, universal accelerator and compute express links, and multiple memory interfaces; and Tensilica, a digital signal processor. In addition, the company’s design IP portfolio includes high-speed serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables critical end-to-end system-level design and verification across chips, packages, PCBs, and complete electronic systems; Allegro X and OrCAD X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AWR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for advanced 3D-IC and multi-chiplet designs; the optimality intelligent system explorer, Reality digital twin, and Millennium enterprise multiphysics platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company was incorporated in 1987 and is headquartered in San Jose, California.

Market Cap

$82.0B

Volume

1.9M

Cash and Equivalents

$3.0B

EBITDA

$1.9B

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$4.6B

Profit Margin

86.36%

52 Week High

$376.44

52 Week Low

$221.56

Dividend

N/A

Price / Book Value

14.74

Price / Earnings

73.14

Price / Tangible Book Value

40.22

Enterprise Value

$81.5B

Enterprise Value / EBITDA

41.18

Operating Income

$1.7B

Return on Equity

21.85%

Return on Assets

10.98

Cash and Short Term Investments

$3.2B

Debt

$2.7B

Equity

$5.5B

Revenue

$5.3B

Unlevered FCF

$1.6B

Sector

Software

Category

N/A

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