Cadence Design Systems Inc (CDNS)
287.44
+2.11
(+0.74%)
USD |
NASDAQ |
May 10, 16:00
286.00
-1.44
(-0.50%)
After-Hours: 20:00
Cadence Design Systems Gross Profit Margin (Quarterly): 87.59% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 87.59% |
| December 31, 2023 | 90.26% |
| September 30, 2023 | 89.29% |
| June 30, 2023 | 90.08% |
| March 31, 2023 | 87.82% |
| December 31, 2022 | 89.61% |
| September 30, 2022 | 90.29% |
| June 30, 2022 | 89.20% |
| March 31, 2022 | 89.15% |
| December 31, 2021 | 90.98% |
| September 30, 2021 | 89.80% |
| June 30, 2021 | 89.47% |
| March 31, 2021 | 88.59% |
| December 31, 2020 | 90.32% |
| September 30, 2020 | 87.66% |
| June 30, 2020 | 88.21% |
| March 31, 2020 | 87.96% |
| December 31, 2019 | 87.77% |
| September 30, 2019 | 89.48% |
| June 30, 2019 | 89.41% |
| March 31, 2019 | 87.76% |
| December 31, 2018 | 86.64% |
| September 30, 2018 | 88.65% |
| June 30, 2018 | 88.63% |
| March 31, 2018 | 87.78% |
| Date | Value |
|---|---|
| December 31, 2017 | 87.98% |
| September 30, 2017 | 88.78% |
| June 30, 2017 | 87.30% |
| March 31, 2017 | 87.04% |
| December 31, 2016 | 83.78% |
| September 30, 2016 | 87.31% |
| June 30, 2016 | 86.36% |
| March 31, 2016 | 86.14% |
| December 31, 2015 | 86.19% |
| September 30, 2015 | 84.97% |
| June 30, 2015 | 87.56% |
| March 31, 2015 | 85.27% |
| December 31, 2014 | 86.26% |
| September 30, 2014 | 86.50% |
| June 30, 2014 | 85.64% |
| March 31, 2014 | 84.92% |
| December 31, 2013 | 84.33% |
| September 30, 2013 | 86.43% |
| June 30, 2013 | 88.07% |
| March 31, 2013 | 86.40% |
| December 31, 2012 | 87.33% |
| September 30, 2012 | 84.86% |
| June 30, 2012 | 84.85% |
| March 31, 2012 | 85.25% |
| December 31, 2011 | 84.17% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
87.59%
Minimum
Mar 2024
90.98%
Maximum
Dec 2021
89.15%
Average
89.35%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Microsoft Corp | 70.08% |
| Synopsys Inc | 80.04% |
| Ansys Inc | 85.28% |
| Intuit Inc | 74.75% |
| Oracle Corp | 70.87% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 32.85% |
| Return on Assets | 19.28% |
| Return on Invested Capital | 27.25% |
| Profit Margin (Quarterly) | 24.54% |
| Operating Margin (Quarterly) | 24.80% |
| Return on Net Operating Assets | 36.56% |