According to Cadence Design Systems's latest financial reports and stock price the company's current Operating Margin is 31.34%. At the end of 2023 the company had an Operating Margin of 31.34%.
Year | Operating Margin | Change |
---|---|---|
2023 | 31.34% | 6.79% |
2022 | 29.35% | 14.13% |
2021 | 25.72% | 9.03% |
2020 | 23.58% | 15.04% |
2019 | 20.50% | 16.45% |
2018 | 17.60% | 8.58% |
2017 | 16.21% | 24.17% |
2016 | 13.06% | -16.94% |
2015 | 15.72% | 37.32% |
2014 | 11.45% | 5.14% |
2013 | 10.89% | -23.28% |
2012 | 14.19% | 71.03% |
2011 | 8.30% | -223.75% |
2010 | -6.71% | -62.75% |
2009 | -18.00% | -88.44% |
2008 | -155.74% | -790.85% |
2007 | 22.54% | 38.3% |
2006 | 16.30% | 68.63% |
2005 | 9.67% | 33.91% |
2004 | 7.22% | -364.38% |
2003 | -2.73% | -124.42% |
2002 | 11.18% | -33.94% |
2001 | 16.93% |
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.