Cadence Design Systems (CDNS) Return on Invested Capital [ROIC] (2011 - 2026)
Cadence Design Systems (CDNS) reported Return on Invested Capital [ROIC] of 14.22% for Q2 2026, up 0.45 percentage points from 13.77% a year earlier and up 1.05 percentage points from the prior quarter.
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Analysis
Cadence Design Systems (CDNS) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Cadence Design Systems posted Return on Invested Capital [ROIC] of 14.39%, down 3.84 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a four-year change of -9.41 percentage points (FY2021 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 18.23% in FY2024 (-8.70 pp), 26.93% in FY2023 (+0.43 pp), 26.50% in FY2022 (+2.69 pp) and 23.81% in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Year over year, Return on Invested Capital [ROIC] gained in 1 of the last eight quarters, with an average year-over-year change of -4.96 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q4 2023 (a gain of 1.09 percentage points); the low point was Q4 2024 (a drop of 11.95 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 13.17% (Q1 2026), 13.91% (Q4 2025) and 14.18% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,258.66 Bn | 5,032.83 Bn | 72.14 Bn | 71.14% |
| 2 | Taiwan Semiconductor Manufacturing | 2,186.01 Bn | 1,810.88 Bn | 27.22 Bn | 33.38% |
| 3 | Broadcom | 1,641.55 Bn | 1,567.60 Bn | 20.46 Bn | 25.97% |
| 4 | Micron Technology | 1,047.64 Bn | 953.27 Bn | 47.05 Bn | 67.70% |
| 5 | Advanced Micro Devices | 917.54 Bn | 874.29 Bn | 6.20 Bn | 8.03% |
| 6 | Asml Holding | 643.92 Bn | 599.61 Bn | 5.90 Bn | - |
| 7 | Intel | 487.69 Bn | 356.82 Bn | 6.51 Bn | -0.05% |
| 8 | Lam Research | 348.49 Bn | 325.29 Bn | 3.48 Bn | 47.24% |
| 9 | Applied Materials | 342.16 Bn | 307.60 Bn | 4.59 Bn | 25.26% |
| 10 | Cadence Design Systems | 89.00 Bn | 80.40 Bn | 1.35 Bn | 14.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.22% |
| Mar 31, 2026 | 13.17% |
| Dec 31, 2025 | 13.91% |
| Sep 30, 2025 | 14.18% |
| Jun 30, 2025 | 13.77% |
| Mar 31, 2025 | 15.23% |
| Dec 31, 2024 | 14.05% |
| Sep 30, 2024 | 14.89% |
| Jun 30, 2024 | 19.57% |
| Mar 31, 2024 | 23.49% |
| Dec 31, 2023 | 26.00% |
| Sep 30, 2023 | 26.06% |
| Jun 30, 2023 | 25.04% |
| Mar 31, 2023 | 24.52% |
| Dec 31, 2022 | 24.92% |
| Oct 1, 2022 | 27.98% |
| Jul 2, 2022 | 29.42% |
| Apr 2, 2022 | 27.68% |
| Jan 1, 2022 | 26.49% |
| Oct 2, 2021 | 23.71% |
API Access
Cadence Design Systems Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CDNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CDNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CDNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();