CDNS vs. MCHP
Compare and contrast key facts about Cadence Design Systems, Inc. (CDNS) and Microchip Technology Incorporated (MCHP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CDNS or MCHP.
Correlation
The correlation between CDNS and MCHP is 0.54, 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. MCHP - Performance Comparison
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Key characteristics
CDNS:
0.27
MCHP:
-0.57
CDNS:
0.75
MCHP:
-0.57
CDNS:
1.10
MCHP:
0.92
CDNS:
0.46
MCHP:
-0.52
CDNS:
0.92
MCHP:
-0.98
CDNS:
14.61%
MCHP:
33.94%
CDNS:
41.61%
MCHP:
59.34%
CDNS:
-93.13%
MCHP:
-63.77%
CDNS:
-1.51%
MCHP:
-37.24%
Fundamentals
CDNS:
$87.04B
MCHP:
$32.70B
CDNS:
$3.93
MCHP:
-$0.01
CDNS:
3.36
MCHP:
5.70
CDNS:
17.86
MCHP:
7.43
CDNS:
18.26
MCHP:
4.62
CDNS:
$4.87B
MCHP:
$4.40B
CDNS:
$4.56B
MCHP:
$2.34B
CDNS:
$1.64B
MCHP:
$857.70M
Returns By Period
In the year-to-date period, CDNS achieves a 7.02% return, which is significantly lower than MCHP's 7.53% return. Over the past 10 years, CDNS has outperformed MCHP with an annualized return of 32.51%, while MCHP has yielded a comparatively lower 11.83% annualized return.
CDNS
7.02%
24.03%
10.99%
11.29%
31.49%
32.51%
MCHP
7.53%
61.29%
-1.22%
-33.44%
9.87%
11.83%
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Risk-Adjusted Performance
CDNS vs. MCHP — Risk-Adjusted Performance Rank
CDNS
MCHP
CDNS vs. MCHP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and Microchip Technology Incorporated (MCHP). 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. MCHP - Dividend Comparison
CDNS has not paid dividends to shareholders, while MCHP's dividend yield for the trailing twelve months is around 2.97%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDNS Cadence Design Systems, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MCHP Microchip Technology Incorporated | 2.97% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.08% | 3.16% |
Drawdowns
CDNS vs. MCHP - Drawdown Comparison
The maximum CDNS drawdown since its inception was -93.13%, which is greater than MCHP's maximum drawdown of -63.77%. Use the drawdown chart below to compare losses from any high point for CDNS and MCHP. For additional features, visit the drawdowns tool.
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Volatility
CDNS vs. MCHP - Volatility Comparison
The current volatility for Cadence Design Systems, Inc. (CDNS) is 10.37%, while Microchip Technology Incorporated (MCHP) has a volatility of 18.75%. This indicates that CDNS experiences smaller price fluctuations and is considered to be less risky than MCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
CDNS vs. MCHP - Financials Comparison
This section allows you to compare key financial metrics between Cadence Design Systems, Inc. and Microchip Technology Incorporated. 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. MCHP - 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%.
MCHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Microchip Technology Incorporated reported a gross profit of 501.10M and revenue of 970.50M. Therefore, the gross margin over that period was 51.6%.
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%.
MCHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Microchip Technology Incorporated reported an operating income of -100.30M and revenue of 970.50M, resulting in an operating margin of -10.3%.
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%.
MCHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Microchip Technology Incorporated reported a net income of -156.80M and revenue of 970.50M, resulting in a net margin of -16.2%.