Cadence Design Systems
CDNS
#224
Rank
$75.56 B
Marketcap
$277.66
Share price
-1.46%
Change (1 day)
30.37%
Change (1 year)

Operating Margin for Cadence Design Systems (CDNS)

Operating Margin as of April 2024 (TTM): 29.34%

According to Cadence Design Systems's latest financial reports and stock price the company's current Operating Margin is 29.34%. At the end of 2022 the company had an Operating Margin of 29.35%.

Operating Margin history for Cadence Design Systems from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202229.35%14.13%
202125.72%9.03%
202023.58%15.04%
201920.50%16.45%
201817.60%8.58%
201716.21%24.17%
201613.06%-16.94%
201515.72%37.32%
201411.45%5.14%
201310.89%-23.28%
201214.19%71.03%
20118.30%-265.38%
2010-5.02%-72.13%
2009-18.00%-88.33%
2008-154.22%-784.11%
200722.54%38.3%
200616.30%68.63%
20059.67%33.91%
20047.22%-364.38%
2003-2.73%-122.35%
200212.22%-27.83%
200116.93%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
26.65%-9.17%๐Ÿ‡บ๐Ÿ‡ธ USA
18.90%-35.58%๐Ÿ‡บ๐Ÿ‡ธ USA
21.95%-25.19%๐Ÿ‡บ๐Ÿ‡ธ USA
23.17%-21.03%๐Ÿ‡บ๐Ÿ‡ธ USA
18.52%-36.88%๐Ÿ‡บ๐Ÿ‡ธ USA
0.31%-98.94%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.37%-104.67%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.