Cadence Design Systems Inc (CDNS)
300.70
+2.26
(+0.76%)
USD |
NASDAQ |
Mar 18, 16:00
305.00
+4.30
(+1.43%)
Pre-Market: 08:10
Cadence Design Systems Gross Profit Margin (Quarterly): 90.26% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
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% |
December 31, 2017 | 87.98% |
Date | Value |
---|---|
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% |
September 30, 2011 | 82.97% |
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
87.66%
Minimum
Sep 2020
90.98%
Maximum
Dec 2021
89.16%
Average
89.35%
Median
Gross Profit Margin (Quarterly) Benchmarks
Ansys Inc | 91.30% |
Microsoft Corp | 68.36% |
Synopsys Inc | 80.04% |
Intuit Inc | 74.75% |
PTC Inc | 80.00% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 34.45% |
Return on Assets | 19.60% |
Return on Invested Capital | 28.16% |
Profit Margin (Quarterly) | 30.31% |
Operating Margin (Quarterly) | 31.44% |
Return on Net Operating Assets | 36.26% |