Cadence Gross Profit from 2010 to 2024

CDNS Stock  USD 306.81  2.13  0.70%   
Cadence Design Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Cadence Design Systems makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1986-03-31
Previous Quarter
914.7 M
Current Value
1.2 B
Quarterly Volatility
231.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cadence Design financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cadence Design's main balance sheet or income statement drivers, such as Depreciation And Amortization of 118.7 M, Interest Expense of 38 M or Selling General Administrative of 152.6 M, as well as many indicators such as Price To Sales Ratio of 18.84, Dividend Yield of 7.0E-4 or PTB Ratio of 22.63. Cadence financial statements analysis is a perfect complement when working with Cadence Design Valuation or Volatility modules.
  
Check out the analysis of Cadence Design Correlation against competitors.

Latest Cadence Design's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Cadence Design Systems over the last few years. Gross profit is a required income statement account that reflects total revenue of Cadence Design Systems minus its cost of goods sold. It is profit before Cadence Design operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Cadence Design's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cadence Design's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.19 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Cadence Gross Profit Regression Statistics

Arithmetic Mean1,942,446,150
Geometric Mean1,340,244,215
Coefficient Of Variation54.06
Mean Deviation820,886,447
Median1,705,642,000
Standard Deviation1,050,097,022
Sample Variance1102703.8T
Range3.8B
R-Value0.97
Mean Square Error78131.4T
R-Squared0.93
Slope226,952,988
Total Sum of Squares15437852.6T

Cadence Gross Profit History

20243.8 B
20233.7 B
20223.2 B
20212.7 B
20202.4 B
20192.1 B
20181.9 B

Other Fundumenentals of Cadence Design Systems

Cadence Design Gross Profit component correlations

0.97-0.410.890.860.910.90.30.470.670.950.960.340.41-0.870.20.730.550.390.48-0.080.870.750.480.86
0.97-0.50.940.840.780.820.180.40.540.890.920.320.34-0.890.280.760.610.350.54-0.10.90.840.580.86
-0.41-0.5-0.3-0.27-0.18-0.50.030.35-0.01-0.31-0.33-0.050.240.24-0.13-0.11-0.530.44-0.370.01-0.4-0.5-0.81-0.24
0.890.94-0.30.850.690.650.080.470.370.780.890.210.38-0.960.50.860.40.50.66-0.140.940.840.510.93
0.860.84-0.270.850.770.680.180.420.430.860.930.070.39-0.880.320.670.320.270.55-0.150.830.790.370.82
0.910.78-0.180.690.770.910.490.520.810.920.90.340.47-0.720.020.570.360.410.31-0.040.690.50.220.73
0.90.82-0.50.650.680.910.560.390.720.880.830.480.2-0.61-0.020.470.480.160.30.120.670.530.40.68
0.30.180.030.080.180.490.560.560.370.350.270.75-0.390.02-0.29-0.08-0.22-0.03-0.120.680.11-0.12-0.240.25
0.470.40.350.470.420.520.390.560.540.470.50.690.06-0.40.140.54-0.160.550.030.510.450.09-0.380.65
0.670.54-0.010.370.430.810.720.370.540.740.620.440.5-0.4-0.280.410.450.42-0.120.020.360.16-0.050.44
0.950.89-0.310.780.860.920.880.350.470.740.940.340.45-0.79-0.020.590.530.350.31-0.110.750.660.360.76
0.960.92-0.330.890.930.90.830.270.50.620.940.230.43-0.920.280.740.390.410.52-0.130.880.740.420.89
0.340.32-0.050.210.070.340.480.750.690.440.340.23-0.35-0.01-0.270.10.040.1-0.240.790.17-0.09-0.150.32
0.410.340.240.380.390.470.2-0.390.060.50.450.43-0.35-0.530.010.450.370.610.13-0.680.280.280.090.26
-0.87-0.890.24-0.96-0.88-0.72-0.610.02-0.4-0.4-0.79-0.92-0.01-0.53-0.53-0.88-0.38-0.56-0.680.34-0.93-0.84-0.47-0.9
0.20.28-0.130.50.320.02-0.02-0.290.14-0.28-0.020.28-0.270.01-0.530.67-0.170.330.78-0.150.620.450.260.56
0.730.76-0.110.860.670.570.47-0.080.540.410.590.740.10.45-0.880.670.320.710.65-0.210.890.70.260.9
0.550.61-0.530.40.320.360.48-0.22-0.160.450.530.390.040.37-0.38-0.170.320.060.04-0.40.360.60.470.22
0.390.350.440.50.270.410.16-0.030.550.420.350.410.10.61-0.560.330.710.060.29-0.280.480.19-0.130.56
0.480.54-0.370.660.550.310.3-0.120.03-0.120.310.52-0.240.13-0.680.780.650.040.29-0.250.770.620.650.68
-0.08-0.10.01-0.14-0.15-0.040.120.680.510.02-0.11-0.130.79-0.680.34-0.15-0.21-0.4-0.28-0.25-0.11-0.38-0.290.04
0.870.9-0.40.940.830.690.670.110.450.360.750.880.170.28-0.930.620.890.360.480.77-0.110.810.520.97
0.750.84-0.50.840.790.50.53-0.120.090.160.660.74-0.090.28-0.840.450.70.60.190.62-0.380.810.580.7
0.480.58-0.810.510.370.220.4-0.24-0.38-0.050.360.42-0.150.09-0.470.260.260.47-0.130.65-0.290.520.580.35
0.860.86-0.240.930.820.730.680.250.650.440.760.890.320.26-0.90.560.90.220.560.680.040.970.70.35
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About Cadence Design Financial Statements

Cadence Design shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Cadence Design investors may analyze each financial statement separately, they are all interrelated. The changes in Cadence Design's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cadence Design's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit3.7 B3.8 B
Gross Profit Margin 0.89  0.64 

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Additional Tools for Cadence Stock Analysis

When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.