Price to Operating Profit (P/OP)
since 2005
Calculation
Cadence Design Systems Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Income (loss) from operations1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 14, 2024 | 65.43 | = | 300.74 | ÷ | 4.60 | 4.60 | = | 1,251,225 | ÷ | 272,239,000 | |
| Feb 13, 2023 | 47.21 | = | 185.70 | ÷ | 3.93 | 3.93 | = | 1,073,686 | ÷ | 272,940,000 | |
| Feb 22, 2022 | 48.13 | = | 135.21 | ÷ | 2.81 | 2.81 | = | 779,089 | ÷ | 277,336,000 | |
| Feb 22, 2021 | 57.54 | = | 133.16 | ÷ | 2.31 | 2.31 | = | 645,552 | ÷ | 278,974,000 | |
| Feb 24, 2020 | 40.67 | = | 71.39 | ÷ | 1.76 | 1.76 | = | 491,796 | ÷ | 280,168,000 | |
| Feb 27, 2019 | 40.66 | = | 57.45 | ÷ | 1.41 | 1.41 | = | 396,209 | ÷ | 280,385,000 | |
| Feb 20, 2018 | 35.08 | = | 40.17 | ÷ | 1.15 | 1.15 | = | 323,955 | ÷ | 282,869,000 | |
| Feb 10, 2017 | 33.61 | = | 29.53 | ÷ | 0.88 | 0.88 | = | 244,901 | ÷ | 278,769,000 | |
| Feb 18, 2016 | 22.23 | = | 20.78 | ÷ | 0.93 | 0.93 | = | 285,430 | ÷ | 305,358,000 | |
| Feb 20, 2015 | 26.17 | = | 18.50 | ÷ | 0.71 | 0.71 | = | 206,644 | ÷ | 292,324,000 | |
| Feb 20, 2014 | 22.85 | = | 14.94 | ÷ | 0.65 | 0.65 | = | 189,007 | ÷ | 289,094,199 | |
| Feb 21, 2013 | 18.94 | = | 14.23 | ÷ | 0.75 | 0.75 | = | 211,672 | ÷ | 281,707,719 | |
| Feb 24, 2012 | 26.88 | = | 11.81 | ÷ | 0.44 | 0.44 | = | 120,377 | ÷ | 273,972,723 | |
| Feb 24, 2011 | — | = | 9.61 | ÷ | -0.11 | -0.11 | = | -28,966 | ÷ | 268,485,949 | |
| Feb 26, 2010 | — | = | 5.70 | ÷ | -0.46 | -0.46 | = | -123,591 | ÷ | 270,240,892 | |
| Mar 2, 2009 | — | = | 3.97 | ÷ | -5.95 | -5.95 | = | -1,573,268 | ÷ | 264,603,479 | |
| Feb 26, 2008 | 9.72 | = | 11.11 | ÷ | 1.14 | 1.14 | = | 317,915 | ÷ | 278,205,971 | |
| Feb 23, 2007 | 26.13 | = | 20.97 | ÷ | 0.80 | 0.80 | = | 224,592 | ÷ | 279,823,852 | |
| Mar 10, 2006 | 43.13 | = | 18.08 | ÷ | 0.42 | 0.42 | = | 118,832 | ÷ | 283,502,942 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Cadence Design Systems Inc. Annual Report.
Comparison to Competitors
Cadence Design Systems Inc., P/OP, long-term trends, comparison to competitors
| Cadence Design Systems Inc. | Accenture PLC | Adobe Inc. | Autodesk Inc. | CrowdStrike Holdings Inc. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 14, 2024 | 65.43 | 21.69 | 40.52 | 43.26 | — | 49.04 | 27.76 | 25.30 | 193.40 | 177.62 | 206.26 | 67.90 |
| Feb 13, 2023 | 47.21 | 16.83 | 25.85 | 66.40 | — | 46.05 | 24.72 | 16.51 | — | 357.52 | 260.26 | 43.85 |
| Feb 22, 2022 | 48.13 | 28.35 | 40.64 | 91.28 | — | 62.00 | 30.79 | 14.31 | — | 431.39 | 436.46 | 75.64 |
| Feb 22, 2021 | 57.54 | 22.21 | 51.75 | 95.51 | — | 41.56 | 29.30 | 12.17 | — | 511.08 | 583.07 | 59.90 |
| Feb 24, 2020 | 40.67 | 18.63 | 51.63 | — | — | 40.45 | 24.54 | 13.83 | — | 223.46 | 1,590.30 | 40.48 |
| Feb 27, 2019 | 40.66 | 16.75 | 42.06 | — | — | 37.92 | 23.63 | 12.83 | — | 395.31 | — | 35.54 |
| Feb 20, 2018 | 35.08 | 19.47 | 44.86 | — | — | 25.94 | 24.93 | 16.52 | — | 908.77 | — | 37.64 |
| Feb 10, 2017 | 33.61 | 15.44 | 36.62 | 9,893.24 | — | 23.33 | 21.70 | 13.09 | — | 411.51 | — | 28.34 |
| Feb 18, 2016 | 22.23 | 15.66 | 49.21 | 116.01 | — | 31.60 | 20.57 | 12.84 | — | — | — | 25.82 |
| Feb 20, 2015 | 26.17 | 11.94 | 86.32 | 41.95 | — | 18.25 | 12.81 | 12.12 | — | — | — | 26.04 |
| Feb 20, 2014 | 22.85 | 11.50 | 71.49 | 29.29 | — | 15.12 | 9.91 | 9.51 | — | — | — | 24.81 |
| Feb 21, 2013 | 18.94 | 11.84 | 16.04 | 25.62 | — | 15.05 | 11.23 | 9.91 | 1,147.44 | — | — | 25.46 |
| Feb 24, 2012 | 26.88 | 11.55 | 14.01 | 33.08 | — | 14.19 | 8.55 | 13.61 | — | 166.46 | — | 18.21 |
| Feb 24, 2011 | — | 10.76 | 17.20 | 101.75 | — | 16.51 | 9.27 | 11.95 | — | 83.25 | — | 22.01 |
| Feb 26, 2010 | — | 10.49 | 26.10 | 12.40 | — | 13.11 | 10.42 | 12.94 | — | 59.54 | — | 15.18 |
| Mar 2, 2009 | — | 7.72 | 10.04 | 16.42 | — | 15.15 | 10.44 | 13.68 | — | 350.81 | — | 11.75 |
| Feb 26, 2008 | 9.72 | 12.16 | 22.98 | 29.82 | — | 15.13 | 56.63 | 16.87 | — | — | — | 32.49 |
| Feb 23, 2007 | 26.13 | 14.25 | 41.03 | 23.69 | — | 20.38 | 48.35 | 16.72 | — | 214.74 | — | 131.87 |
| Mar 10, 2006 | 43.13 | 10.72 | 31.95 | 28.89 | — | 15.31 | 59.14 | 17.01 | — | 233.65 | — | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).