CADENCE DESIGN SYSTEMS INC Annual Return On Equity in % from 2011 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Cadence Design Systems Inc quarterly/annual Return On Equity history and growth rate from 2011 to 2023.
  • Cadence Design Systems Inc Return On Equity for the quarter ending September 30, 2024 was 26.3 %, a 19.6% decline year-over-year.
  • Cadence Design Systems Inc annual Return On Equity for 2023 was 33.7 %, a 7.47% increase from 2022.
  • Cadence Design Systems Inc annual Return On Equity for 2022 was 31.3 %, a 17.4% increase from 2021.
  • Cadence Design Systems Inc annual Return On Equity for 2021 was 26.7 %, a 5.08% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 33.7 +2.34 +7.47% Jan 1, 2023 Dec 31, 2023
2022 31.3 +4.64 +17.4% Jan 2, 2022 Dec 31, 2022
2021 26.7 +1.29 +5.08% Jan 3, 2021 Jan 1, 2022
2020 25.4 -36.6 -59% Dec 29, 2019 Jan 2, 2021
2019 62 +33.6 +119% Dec 30, 2018 Dec 28, 2019
2018 28.4 +6.84 +31.8% Dec 31, 2017 Dec 29, 2018
2017 21.5 +1.11 +5.44% Jan 1, 2017 Dec 30, 2017
2016 20.4 +2.13 +11.6% Jan 3, 2016 Dec 31, 2016
2015 18.3 +5.81 +46.6% Jan 4, 2015 Jan 2, 2016
2014 12.5 -2.76 -18.1% Dec 29, 2013 Jan 3, 2015
2013 15.2 -56.1 -78.7% Dec 30, 2012 Dec 28, 2013
2012 71.4 +51 +250% Jan 1, 2012 Dec 29, 2012
2011 20.4 Jan 2, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.