CADENCE DESIGN SYSTEMS INC (CDNS) Operating Margin % [USD] 2018 - 2024

Historical data

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Cadence Design Systems Inc quarterly/annual Operating Margin history and growth rate from 2018 to 2024.
  • Cadence Design Systems Inc Operating Margin for the quarter ending March 31, 2024 was 28.9 %, a 1.2% decline year-over-year.
  • Cadence Design Systems Inc annual Operating Margin for 2023 was 30.6 %, a 1.49% increase from 2022.
  • Cadence Design Systems Inc annual Operating Margin for 2022 was 30.2 %, a 15.6% increase from 2021.
  • Cadence Design Systems Inc annual Operating Margin for 2021 was 26.1 %, a 8.35% increase from 2020.
Operating Margin, Quarterly Data (% [USD])
Period Value YoY Chg Change % Start Date End Date
Q1 2024 28.9 -0.35 -1.2% Jan 1, 2024 Mar 31, 2024
Q4 2023 30.6 +0.45 +1.49% Oct 1, 2023 Dec 31, 2023
Q3 2023 28.7 -2.1 -6.82% Jul 1, 2023 Sep 30, 2023
Q2 2023 28.8 -1.42 -4.7% Apr 1, 2023 Jun 30, 2023
Q1 2023 29.3 +0.91 +3.21% Jan 1, 2023 Mar 31, 2023
Q4 2022 30.2 +4.07 +15.6% Oct 2, 2022 Dec 31, 2022
Q3 2022 30.8 +4.98 +19.3% Jul 3, 2022 Oct 1, 2022
Q2 2022 30.2 +4.48 +17.4% Apr 3, 2022 Jul 2, 2022
Q1 2022 28.4 +2.99 +11.8% Jan 2, 2022 Apr 2, 2022
Q4 2021 26.1 +2.01 +8.35% Oct 3, 2021 Jan 1, 2022
Q3 2021 25.8 +3.25 +14.4% Jul 4, 2021 Oct 2, 2021
Q2 2021 25.7 +4.33 +20.2% Apr 4, 2021 Jul 3, 2021
Q1 2021 25.4 +4.21 +19.9% Jan 3, 2021 Apr 3, 2021
Q4 2020 24.1 +3.01 +14.3% Sep 27, 2020 Jan 2, 2021
Q3 2020 22.6 +1.05 +4.88% Jun 28, 2020 Sep 26, 2020
Q2 2020 21.4 +0.18 +0.85% Mar 29, 2020 Jun 27, 2020
Q1 2020 21.2 +1.18 +5.91% Dec 29, 2019 Mar 28, 2020
Q4 2019 21.1 +2.52 +13.6% Sep 29, 2019 Dec 28, 2019
Q3 2019 21.5 Jun 30, 2019 Sep 28, 2019
Q2 2019 21.2 Mar 31, 2019 Jun 29, 2019
Q1 2019 20 Dec 30, 2018 Mar 30, 2019
Q4 2018 18.5 Sep 30, 2018 Dec 29, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.