Cadence Design Systems (LTS:0HS2) 3-Year Revenue Growth Rate : 16.10% (As of Sep. 2024)

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What is Cadence Design Systems 3-Year Revenue Growth Rate?

Cadence Design Systems's Revenue per Share for the three months ended in Sep. 2024 was $4.44.

During the past 12 months, Cadence Design Systems's average Revenue per Share Growth Rate was 10.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 16.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 14.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 11.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Cadence Design Systems was 60.50% per year. The lowest was -16.70% per year. And the median was 8.60% per year.

Competitive Comparison of Cadence Design Systems's 3-Year Revenue Growth Rate

For the Software - Application subindustry, Cadence Design Systems's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cadence Design Systems's 3-Year Revenue Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Cadence Design Systems's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Cadence Design Systems's 3-Year Revenue Growth Rate falls into.

Cadence Design Systems 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Cadence Design Systems (LTS:0HS2) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Cadence Design Systems 3-Year Revenue Growth Rate Related Terms

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Cadence Design Systems Business Description

Industry

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Address

2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134

Website

https://www.cadence.com

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions.

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