CADENCE DESIGN SYSTEMS INC (CDNS) Operating Margin % [USD] 2016 - 2023

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 2016 to 2023.
  • 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, Annual (% [USD])
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 30.6 +0.45 +1.49% Jan 1, 2023 Dec 31, 2023
2022 30.2 +4.07 +15.6% Jan 2, 2022 Dec 31, 2022
2021 26.1 +2.01 +8.35% Jan 3, 2021 Jan 1, 2022
2020 24.1 +3.01 +14.3% Dec 29, 2019 Jan 2, 2021
2019 21.1 +2.52 +13.6% Dec 30, 2018 Dec 28, 2019
2018 18.5 +1.86 +11.2% Dec 31, 2017 Dec 29, 2018
2017 16.7 +3.19 +23.7% Jan 1, 2017 Dec 30, 2017
2016 13.5 Jan 3, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.