$82.41B Market Cap.
CDNS Market Cap. (MRY)
CDNS Shares Outstanding (MRY)
CDNS Assets (MRY)
Total Assets
$8.97B
Total Liabilities
$4.30B
Total Investments
$0
CDNS Income (MRY)
Revenue
$4.64B
Net Income
$1.06B
Operating Expense
$2.64B
CDNS Cash Flow (MRY)
CF Operations
$1.26B
CF Investing
-$837.12M
CF Financing
$1.24B
CDNS Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | - | 0% | - |
CDNS Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $8,974,482,000 (58.29%) | $5,669,491,000 (10.36%) | $5,137,071,000 (17.12%) | $4,386,299,000 (11.02%) |
Assets Current | $4,016,079,000 (103.22%) | $1,976,217,000 (15.79%) | $1,706,767,000 (-0.52%) | $1,715,769,000 (16.04%) |
Assets Non-Current | $4,958,403,000 (34.25%) | $3,693,274,000 (7.67%) | $3,430,304,000 (28.45%) | $2,670,530,000 (8.02%) |
Goodwill & Intangible Assets | $2,973,405,000 (58.78%) | $1,872,688,000 (8.32%) | $1,728,885,000 (48.83%) | $1,161,623,000 (17.02%) |
Shareholders Equity | $4,673,578,000 (37.29%) | $3,404,271,000 (24.01%) | $2,745,113,000 (0.16%) | $2,740,675,000 (9.93%) |
Property Plant & Equipment Net | $458,200,000 (13.64%) | $403,213,000 (8.55%) | $371,451,000 (21.42%) | $305,911,000 (-1.68%) |
Cash & Equivalents | $2,644,030,000 (162.27%) | $1,008,152,000 (14.26%) | $882,325,000 (-18.97%) | $1,088,940,000 (17.29%) |
Accumulated Other Comprehensive Income | -$190,448,000 (-100.99%) | -$94,754,000 (-3.40%) | -$91,637,000 (-175.10%) | -$33,311,000 (-91.17%) |
Deferred Revenue | $852,581,000 (11.60%) | $763,955,000 (-2.32%) | $782,062,000 (19.38%) | $655,090,000 (18.26%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $257,711,000 (41.86%) | $181,661,000 (41.92%) | $128,005,000 (10.62%) | $115,721,000 (52.35%) |
Trade & Non-Trade Receivables | $680,460,000 (39.09%) | $489,224,000 (0.52%) | $486,710,000 (44.17%) | $337,596,000 (-0.26%) |
Trade & Non-Trade Payables | $632,692,000 (9.74%) | $576,558,000 (3.48%) | $557,158,000 (33.52%) | $417,283,000 (19.24%) |
Accumulated Retained Earnings (Deficit) | $5,991,868,000 (21.38%) | $4,936,384,000 (26.73%) | $3,895,240,000 (27.87%) | $3,046,288,000 (29.61%) |
Tax Assets | $982,057,000 (11.60%) | $880,001,000 (3.08%) | $853,691,000 (11.77%) | $763,770,000 (4.30%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $2,476,183,000 (281.51%) | $649,056,000 (-13.24%) | $748,078,000 (115.22%) | $347,588,000 (0.23%) |
Debt Current | $0 (0%) | $349,285,000 (249.28%) | $100,000,000 (0%) | $0 (0%) |
Debt Non-Current | $2,476,183,000 (726.02%) | $299,771,000 (-53.74%) | $648,078,000 (86.45%) | $347,588,000 (0.23%) |
Total Liabilities | $4,300,904,000 (89.87%) | $2,265,220,000 (-5.30%) | $2,391,958,000 (45.35%) | $1,645,624,000 (12.89%) |
Liabilities Current | $1,370,105,000 (-13.88%) | $1,590,867,000 (18.04%) | $1,347,696,000 (38.76%) | $971,225,000 (21.89%) |
Liabilities Non-Current | $2,930,799,000 (334.61%) | $674,353,000 (-35.42%) | $1,044,262,000 (54.84%) | $674,399,000 (2.03%) |
CDNS Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $4,641,264,000 (13.48%) | $4,089,986,000 (14.83%) | $3,561,718,000 (19.19%) | $2,988,244,000 (11.38%) |
Cost of Revenue | $647,502,000 (48.84%) | $435,041,000 (17.07%) | $371,623,000 (21.05%) | $307,006,000 (0.49%) |
Selling General & Administrative Expense | $1,039,766,000 (11.47%) | $932,749,000 (10.21%) | $846,340,000 (12.95%) | $749,280,000 (11.69%) |
Research & Development Expense | $1,549,093,000 (7.44%) | $1,441,796,000 (15.20%) | $1,251,544,000 (10.34%) | $1,134,277,000 (9.73%) |
Operating Expenses | $2,642,999,000 (9.95%) | $2,403,720,000 (13.58%) | $2,116,409,000 (11.26%) | $1,902,149,000 (9.83%) |
Interest Expense | $75,999,000 (110.03%) | $36,185,000 (57.78%) | $22,934,000 (35.06%) | $16,980,000 (-18.16%) |
Income Tax Expense | $340,335,000 (41.35%) | $240,782,000 (22.59%) | $196,411,000 (170.99%) | $72,480,000 (72.15%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $1,055,484,000 (1.38%) | $1,041,144,000 (22.64%) | $848,952,000 (21.98%) | $695,955,000 (17.83%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $1,055,484,000 (1.38%) | $1,041,144,000 (22.64%) | $848,952,000 (21.98%) | $695,955,000 (17.83%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $1,055,484,000 (1.38%) | $1,041,144,000 (22.64%) | $848,952,000 (21.98%) | $695,955,000 (17.83%) |
Weighted Average Shares | $271,212,000 (0.68%) | $269,381,000 (-0.67%) | $271,198,000 (-0.84%) | $273,504,000 (-0.08%) |
Weighted Average Shares Diluted | $273,833,000 (0.40%) | $272,748,000 (-0.82%) | $275,011,000 (-1.38%) | $278,858,000 (-0.28%) |
Earning Before Interest & Taxes (EBIT) | $1,471,818,000 (11.66%) | $1,318,111,000 (23.38%) | $1,068,297,000 (36.02%) | $785,415,000 (20.19%) |
Gross Profit | $3,993,762,000 (9.27%) | $3,654,945,000 (14.57%) | $3,190,095,000 (18.98%) | $2,681,238,000 (12.78%) |
Operating Income | $1,350,763,000 (7.96%) | $1,251,225,000 (16.54%) | $1,073,686,000 (37.81%) | $779,089,000 (20.69%) |
CDNS Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$837,118,000 (-103.06%) | -$412,249,000 (44.19%) | -$738,634,000 (-152.13%) | -$292,954,000 (-0.27%) |
Net Cash Flow from Financing | $1,239,241,000 (254.22%) | -$803,573,000 (-22.30%) | -$657,049,000 (-2.06%) | -$643,792,000 (-55.02%) |
Net Cash Flow from Operations | $1,260,551,000 (-6.57%) | $1,349,176,000 (8.64%) | $1,241,894,000 (12.80%) | $1,100,958,000 (21.66%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $1,635,878,000 (1200.10%) | $125,827,000 (160.90%) | -$206,615,000 (-228.73%) | $160,508,000 (-28.09%) |
Net Cash Flow - Business Acquisitions and Disposals | -$737,574,000 (-271.85%) | -$198,351,000 (67.68%) | -$613,785,000 (-171.34%) | -$226,201,000 (-14.50%) |
Net Cash Flow - Investment Acquisitions and Disposals | $42,998,000 (138.60%) | -$111,395,000 (-17470.19%) | -$634,000 (-595.31%) | $128,000 (-41.01%) |
Capital Expenditure | -$142,542,000 (-39.29%) | -$102,337,000 (16.94%) | -$123,215,000 (-88.70%) | -$65,298,000 (31.13%) |
Issuance (Repayment) of Debt Securities | $1,822,767,000 (1922.77%) | -$100,000,000 (-125.03%) | $399,575,000 (31195.33%) | -$1,285,000 (0%) |
Issuance (Purchase) of Equity Shares | -$345,789,000 (39.03%) | -$567,177,000 (39.97%) | -$944,760,000 (-80.12%) | -$524,525,000 (-71.83%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$26,796,000 (-256.00%) | -$7,527,000 (85.75%) | -$52,826,000 (-1326.19%) | -$3,704,000 (-114.39%) |
Share Based Compensation | $391,219,000 (20.15%) | $325,611,000 (20.40%) | $270,439,000 (28.73%) | $210,090,000 (6.50%) |
Depreciation Amortization & Accretion | $195,015,000 (33.81%) | $145,743,000 (7.62%) | $135,430,000 (3.62%) | $130,702,000 (-12.94%) |
CDNS Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 86.00% (-3.80%) | 89.40% (-0.22%) | 89.60% (-0.11%) | 89.70% (1.24%) |
Profit Margin | 22.70% (-10.98%) | 25.50% (7.14%) | 23.80% (2.15%) | 23.30% (5.91%) |
EBITDA Margin | 35.90% (0.28%) | 35.80% (5.92%) | 33.80% (10.10%) | 30.70% (2.33%) |
Return on Average Equity (ROAE) | 24.70% (-26.71%) | 33.70% (7.67%) | 31.30% (17.23%) | 26.70% (5.12%) |
Return on Average Assets (ROAA) | 13.60% (-29.90%) | 19.40% (7.78%) | 18.00% (8.43%) | 16.60% (11.41%) |
Return on Sales (ROS) | 31.70% (-1.55%) | 32.20% (7.33%) | 30.00% (14.07%) | 26.30% (7.79%) |
Return on Invested Capital (ROIC) | 42.90% (-36.16%) | 67.20% (5.49%) | 63.70% (23.93%) | 51.40% (13.72%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 77.24 (9.46%) | 70.56 (37.49%) | 51.32 (-30.05%) | 73.37 (16.16%) |
Price to Sales Ratio (P/S) | 17.56 (-2.13%) | 17.94 (46.66%) | 12.23 (-28.28%) | 17.06 (22.53%) |
Price to Book Ratio (P/B) | 17.63 (-19.00%) | 21.77 (35.59%) | 16.05 (-14.81%) | 18.84 (23.45%) |
Debt to Equity Ratio (D/E) | 0.92 (38.35%) | 0.67 (-23.65%) | 0.87 (45.17%) | 0.6 (2.56%) |
Earnings Per Share (EPS) | 3.89 (0.78%) | 3.86 (23.32%) | 3.13 (23.23%) | 2.54 (17.59%) |
Sales Per Share (SPS) | 17.11 (12.71%) | 15.18 (15.61%) | 13.13 (20.20%) | 10.93 (11.48%) |
Free Cash Flow Per Share (FCFPS) | 4.12 (-10.95%) | 4.63 (12.22%) | 4.13 (8.93%) | 3.79 (27.94%) |
Book Value Per Share (BVPS) | 17.23 (36.36%) | 12.64 (24.85%) | 10.12 (1.01%) | 10.02 (10.02%) |
Tangible Assets Book Value Per Share (TABVPS) | 22.13 (56.98%) | 14.1 (12.16%) | 12.57 (6.59%) | 11.79 (9.10%) |
Enterprise Value Over EBIT (EV/EBIT) | 56 (0.00%) | 56 (36.59%) | 41 (-36.92%) | 65 (14.04%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 49.46 (-1.87%) | 50.41 (38.41%) | 36.42 (-34.56%) | 55.65 (19.43%) |
Asset Turnover | 0.6 (-21.76%) | 0.76 (1.06%) | 0.76 (5.59%) | 0.71 (5.61%) |
Current Ratio | 2.93 (135.99%) | 1.24 (-1.90%) | 1.27 (-28.35%) | 1.77 (-4.80%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $1,118,009,000 (-10.33%) | $1,246,839,000 (11.46%) | $1,118,679,000 (8.02%) | $1,035,660,000 (27.84%) |
Enterprise Value (EV) | $82,444,210,980 (11.73%) | $73,788,345,940 (68.32%) | $43,837,870,240 (-14.01%) | $50,978,791,350 (36.14%) |
Earnings Before Tax (EBT) | $1,395,819,000 (8.88%) | $1,281,926,000 (22.63%) | $1,045,363,000 (36.04%) | $768,435,000 (21.44%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $1,666,833,000 (13.87%) | $1,463,854,000 (21.61%) | $1,203,727,000 (31.39%) | $916,117,000 (14.00%) |
Invested Capital | $4,463,125,000 (141.66%) | $1,846,840,000 (-4.12%) | $1,926,243,000 (27.39%) | $1,512,099,000 (-4.28%) |
Working Capital | $2,645,974,000 (586.64%) | $385,350,000 (7.32%) | $359,071,000 (-51.77%) | $744,544,000 (9.21%) |
Tangible Asset Value | $6,001,077,000 (58.06%) | $3,796,803,000 (11.40%) | $3,408,186,000 (5.69%) | $3,224,676,000 (9.01%) |
Market Capitalization | $82,405,060,980 (11.21%) | $74,101,526,940 (68.16%) | $44,066,122,240 (-14.68%) | $51,645,225,350 (35.71%) |
Average Equity | $4,266,351,000 (37.99%) | $3,091,874,000 (14.11%) | $2,709,663,250 (3.91%) | $2,607,778,000 (12.12%) |
Average Assets | $7,772,346,000 (45.09%) | $5,356,902,250 (13.61%) | $4,715,374,750 (12.80%) | $4,180,420,250 (5.44%) |
Invested Capital Average | $3,430,494,500 (74.83%) | $1,962,239,250 (17.01%) | $1,677,031,750 (9.72%) | $1,528,415,500 (5.69%) |
Shares | 274,263,000 (0.81%) | 272,062,000 (-0.82%) | 274,316,000 (-1.02%) | 277,141,000 (-0.64%) |
