MCHP vs. CDNS
Compare and contrast key facts about Microchip Technology Incorporated (MCHP) and Cadence Design Systems, Inc. (CDNS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MCHP or CDNS.
Correlation
The correlation between MCHP and CDNS 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
MCHP vs. CDNS - Performance Comparison
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Key characteristics
MCHP:
-0.54
CDNS:
0.20
MCHP:
-0.53
CDNS:
0.65
MCHP:
0.93
CDNS:
1.08
MCHP:
-0.50
CDNS:
0.36
MCHP:
-0.95
CDNS:
0.71
MCHP:
33.61%
CDNS:
14.61%
MCHP:
59.41%
CDNS:
41.79%
MCHP:
-63.77%
CDNS:
-93.13%
MCHP:
-37.50%
CDNS:
-4.51%
Fundamentals
MCHP:
$29.76B
CDNS:
$83.49B
MCHP:
-$0.01
CDNS:
$3.94
MCHP:
5.70
CDNS:
3.22
MCHP:
6.76
CDNS:
17.13
MCHP:
4.20
CDNS:
17.48
MCHP:
$3.43B
CDNS:
$4.87B
MCHP:
$1.84B
CDNS:
$4.56B
MCHP:
$958.00M
CDNS:
$1.64B
Returns By Period
In the year-to-date period, MCHP achieves a 7.09% return, which is significantly higher than CDNS's 3.76% return. Over the past 10 years, MCHP has underperformed CDNS with an annualized return of 11.66%, while CDNS has yielded a comparatively higher 32.26% annualized return.
MCHP
7.09%
57.48%
-11.50%
-31.72%
9.69%
11.66%
CDNS
3.76%
20.16%
3.61%
8.45%
31.08%
32.26%
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Risk-Adjusted Performance
MCHP vs. CDNS — Risk-Adjusted Performance Rank
MCHP
CDNS
MCHP vs. CDNS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Microchip Technology Incorporated (MCHP) and Cadence Design Systems, Inc. (CDNS). 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
MCHP vs. CDNS - Dividend Comparison
MCHP's dividend yield for the trailing twelve months is around 2.98%, while CDNS has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 2.98% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.08% | 3.16% |
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% |
Drawdowns
MCHP vs. CDNS - Drawdown Comparison
The maximum MCHP drawdown since its inception was -63.77%, smaller than the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for MCHP and CDNS. For additional features, visit the drawdowns tool.
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Volatility
MCHP vs. CDNS - Volatility Comparison
Microchip Technology Incorporated (MCHP) has a higher volatility of 18.85% compared to Cadence Design Systems, Inc. (CDNS) at 10.72%. This indicates that MCHP's price experiences larger fluctuations and is considered to be riskier than CDNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
MCHP vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between Microchip Technology Incorporated and Cadence Design Systems, 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
MCHP vs. CDNS - Profitability Comparison
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 561.40M and revenue of 1.03B. Therefore, the gross margin over that period was 54.7%.
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 - 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 30.90M and revenue of 1.03B, resulting in an operating margin of 3.0%.
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 - 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 -53.60M and revenue of 1.03B, resulting in a net margin of -5.2%.
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%.