Cadence Design Systems Inc (CDNS)
306.69
+2.68
(+0.88%)
USD |
NASDAQ |
Nov 21, 16:00
306.60
-0.09
(-0.03%)
After-Hours: 17:08
Cadence Design Systems Gross Profit Margin (Quarterly): 86.59% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 86.59% |
| June 30, 2024 | 86.87% |
| 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% |
| Date | Value |
|---|---|
| June 30, 2018 | 88.63% |
| March 31, 2018 | 87.78% |
| 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% |
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
86.59%
Minimum
Sep 2024
90.98%
Maximum
Dec 2021
88.88%
Average
89.17%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Ansys Inc | 88.52% |
| Microsoft Corp | 69.35% |
| Synopsys Inc | 80.95% |
| Adobe Inc | 89.76% |
| Procore Technologies Inc | 81.43% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 27.48% |
| Return on Assets | 15.64% |
| Return on Invested Capital | 20.76% |
| Profit Margin (Quarterly) | 19.59% |
| Operating Margin (Quarterly) | 30.82% |
| Return on Net Operating Assets | 29.52% |