CDNS vs. ANSS
Compare and contrast key facts about Cadence Design Systems, Inc. (CDNS) and ANSYS, Inc. (ANSS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CDNS or ANSS.
Correlation
The correlation between CDNS and ANSS is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CDNS vs. ANSS - Performance Comparison
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Key characteristics
CDNS:
0.21
ANSS:
0.16
CDNS:
0.71
ANSS:
0.45
CDNS:
1.09
ANSS:
1.06
CDNS:
0.42
ANSS:
0.15
CDNS:
0.83
ANSS:
0.67
CDNS:
14.61%
ANSS:
6.98%
CDNS:
41.74%
ANSS:
25.26%
CDNS:
-93.13%
ANSS:
-63.41%
CDNS:
-2.37%
ANSS:
-16.46%
Fundamentals
CDNS:
$87.21B
ANSS:
$30.20B
CDNS:
$3.95
ANSS:
$6.75
CDNS:
80.86
ANSS:
50.89
CDNS:
3.36
ANSS:
2.28
CDNS:
17.89
ANSS:
11.69
CDNS:
18.22
ANSS:
4.95
CDNS:
$4.87B
ANSS:
$2.58B
CDNS:
$4.56B
ANSS:
$2.29B
CDNS:
$1.64B
ANSS:
$926.17M
Returns By Period
In the year-to-date period, CDNS achieves a 6.09% return, which is significantly higher than ANSS's 1.83% return. Over the past 10 years, CDNS has outperformed ANSS with an annualized return of 32.34%, while ANSS has yielded a comparatively lower 14.33% annualized return.
CDNS
6.09%
20.60%
5.19%
8.76%
31.29%
32.34%
ANSS
1.83%
12.97%
0.95%
4.13%
6.25%
14.33%
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Risk-Adjusted Performance
CDNS vs. ANSS — Risk-Adjusted Performance Rank
CDNS
ANSS
CDNS vs. ANSS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and ANSYS, Inc. (ANSS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
CDNS vs. ANSS - Dividend Comparison
Neither CDNS nor ANSS has paid dividends to shareholders.
Drawdowns
CDNS vs. ANSS - Drawdown Comparison
The maximum CDNS drawdown since its inception was -93.13%, which is greater than ANSS's maximum drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for CDNS and ANSS. For additional features, visit the drawdowns tool.
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Volatility
CDNS vs. ANSS - Volatility Comparison
Cadence Design Systems, Inc. (CDNS) has a higher volatility of 10.79% compared to ANSYS, Inc. (ANSS) at 6.75%. This indicates that CDNS's price experiences larger fluctuations and is considered to be riskier than ANSS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
CDNS vs. ANSS - Financials Comparison
This section allows you to compare key financial metrics between Cadence Design Systems, Inc. and ANSYS, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CDNS vs. ANSS - Profitability Comparison
CDNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Cadence Design Systems, Inc. reported a gross profit of 1.19B and revenue of 1.24B. Therefore, the gross margin over that period was 95.9%.
ANSS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, ANSYS, Inc. reported a gross profit of 432.32M and revenue of 504.89M. Therefore, the gross margin over that period was 85.6%.
CDNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Cadence Design Systems, Inc. reported an operating income of 361.52M and revenue of 1.24B, resulting in an operating margin of 29.1%.
ANSS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, ANSYS, Inc. reported an operating income of 58.89M and revenue of 504.89M, resulting in an operating margin of 11.7%.
CDNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Cadence Design Systems, Inc. reported a net income of 273.58M and revenue of 1.24B, resulting in a net margin of 22.0%.
ANSS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, ANSYS, Inc. reported a net income of 51.87M and revenue of 504.89M, resulting in a net margin of 10.3%.