CADENCE DESIGN SYSTEMS INCCDNS

Market cap

$91.6B

P/E ratio

	Jan 1, 2011	Dec 31, 2011	Dec 29, 2012	Dec 28, 2013	Jan 3, 2015	Jan 2, 2016	Dec 31, 2016	Dec 30, 2017	Dec 29, 2018	Dec 28, 2019	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Product and maintenance	-	-	-	-	-	-	-	-	1,999	2,205	2,537	2,813	3,340	3,834	4,214
Services	-	-	-	-	-	-	-	-	147	132	146	175	222	256	428
Total revenue	-	-	-	-	-	-	-	-	2,138	2,336	2,683	2,988	3,562	4,090	4,641
Product and maintenance	-	-	-	-	-	-	-	-	174	189	231	223	274	332	437
Services	-	-	-	-	-	-	-	-	86	77	74	84	98	103	211
Marketing and sales	306	324	342	378	400	402	395	419	440	482	516	560	604	690	757
Research and development	376	401	454	534	603	638	735	804	885	936	1,034	1,134	1,252	1,442	1,549
General and administrative	86	93	112	121	114	110	125	134	133	140	154	189	242	242	282
Amortization of Intangible Assets	14	17	15	19	24	24	18	15	14	12	18	20	18	18	30
Restructuring	10	-0	0	18	10	5	41	9	11	9	9	-1	0	11	24
Total costs and expenses	965	1,029	1,115	1,271	1,374	1,417	1,571	1,619	1,742	1,845	2,037	2,209	2,488	2,839	3,291
Income from operations	-29	120	212	189	207	285	245	324	396	492	646	779	1,074	1,251	1,351
Interest expense	36	43	35	38	34	28	24	26	23	19	21	17	23	36	76
Other income (expense), net	3	18	11	8	8	10	16	17	3	6	8	6	-5	67	121
Income before provision for income taxes	-	95	188	159	181	268	237	315	376	479	633	768	1,045	1,282	1,396
Provision for income taxes	-189	23	-252	-5	22	15	34	111	31	-510	42	72	196	241	340
Net income	127	72	440	164	159	252	203	204	346	989	591	696	849	1,041	1,055
Earnings Per Share, Basic	0.49	0.27	1.63	0.59	0.56	0.88	0.71	0.75	1.26	3.62	2.16	2.54	3.13	3.86	3.89
Earnings Per Share, Diluted	0.48	0.27	1.57	0.56	0.52	0.81	0.7	0.73	1.23	3.53	2.11	2.5	3.09	3.82	3.85