Cadence Design [CDNS] vs Shopify [SHOP] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Cadence Design Systems Inc. wins in 11 metrics, Shopify Inc. wins in 8 metrics, with 0 ties. Cadence Design Systems Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Cadence Design Systems Inc. Shopify Inc. Better
P/E Ratio (TTM) 77.61 67.28 Shopify Inc.
Price-to-Book Ratio 15.61 11.68 Shopify Inc.
Debt-to-Equity Ratio 48.71 9.74 Shopify Inc.
PEG Ratio 5.39 56.37 Cadence Design Systems Inc.
EV/EBITDA 44.66 107.41 Cadence Design Systems Inc.
Profit Margin (TTM) 20.93% 22.74% Shopify Inc.
Operating Margin (TTM) 32.82% 20.70% Cadence Design Systems Inc.
EBITDA Margin (TTM) 32.82% 20.70% Cadence Design Systems Inc.
Return on Equity 21.86% 19.58% Cadence Design Systems Inc.
Return on Assets (TTM) 10.98% 6.18% Cadence Design Systems Inc.
Free Cash Flow (TTM) $1.59B $1.60B Shopify Inc.
1-Year Return 30.61% 26.78% Cadence Design Systems Inc.
Price-to-Sales Ratio (TTM) 16.38 15.17 Shopify Inc.
Enterprise Value $85.21B $137.81B Shopify Inc.
EV/Revenue Ratio 16.09 15.52 Shopify Inc.
Gross Profit Margin (TTM) 86.90% 48.08% Cadence Design Systems Inc.
Revenue per Share (TTM) $20 $7 Cadence Design Systems Inc.
Earnings per Share (Diluted) $4.05 $1.55 Cadence Design Systems Inc.
Beta (Stock Volatility) 1.04 2.60 Cadence Design Systems Inc.
Short % of Float 2.62% N/A N/A

Cadence Design Systems Inc. vs Shopify Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Cadence Design Systems Inc.-2.01%9.07%19.14%37.26%30.96%34.15%
Shopify Inc.-1.24%N/AN/AN/AN/AN/A

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Cadence Design Systems Inc.30.61%63.23%195.80%1,417.94%3,453.84%1,953.29%
Shopify Inc.26.78%58.22%128.49%3,272.44%3,272.44%3,272.44%

Performance & Financial Health Analysis: Cadence Design Systems Inc. vs Shopify Inc.

MetricCDNSSHOP
Market Information
Market Cap i$86.78B$134.68B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i2,543,7167,527,613
90 Day Avg. Volume i2,208,9029,021,308
Last Close$408.00$95.48
52 Week Range$262.75 - $416.69$48.56 - $129.38
% from 52W High-2.09%-26.20%
All-Time High$416.69 (Jun 02, 2026)$176.29 (Nov 15, 2021)
% from All-Time High-2.09%-45.84%
Growth Metrics
Quarterly Revenue Growth0.06%0.31%
Quarterly Earnings Growth0.14%0.97%
Financial Health
Profit Margin (TTM) i0.21%0.23%
Operating Margin (TTM) i0.33%0.21%
Return on Equity (TTM) i0.22%0.20%
Debt to Equity (MRQ) i48.719.74
Cash & Liquidity
Book Value per Share (MRQ)$20.14$8.93
Cash per Share (MRQ)$11.57$4.26
Operating Cash Flow (TTM) i$1.73B$1.62B
Levered Free Cash Flow (TTM) i$1.51B$861.37M
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/AN/A

Valuation & Enterprise Metrics Analysis: Cadence Design Systems Inc. vs Shopify Inc.

MetricCDNS (Apr 24, 2026)SHOP (Mar 31, 2025)
Price Ratios
P/E Ratio (TTM) i77.6167.28
Forward P/E i33.5156.37
PEG Ratio i5.3956.37
Price to Sales (TTM) i16.3815.17
Price to Book (MRQ) i15.6111.68
Market Capitalization
Market Capitalization i$86.78B$134.68B
Enterprise Value i$85.21B$137.81B
Enterprise Value Metrics
Enterprise to Revenue i16.0915.52
Enterprise to EBITDA i44.66107.41
Risk & Other Metrics
Beta i1.042.60
Book Value per Share (MRQ) i$20.14$8.93

Financial Statements Comparison: Cadence Design Systems Inc. vs Shopify Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricCDNS (2025)SHOP (2024)
Revenue/Sales i5.30B8.88B
Cost of Goods Sold i722.25M4.41B
COGS % of Revenue i13.6%49.6%
Gross Profit i4.57B4.47B
Gross Margin i86.4%50.4%
Research & Development i1.77B1.37B
Operating Income (EBIT) i1.65B1.08B
Operating Margin i31.1%12.1%
EBITDA i1.98B128.00M
EBITDA Margin i37.4%1.4%
Pre-Tax Income i1.52B2.23B
Pre-Tax Income % of Revenue i28.7%25.1%
Income Tax i413.16M209.00M
Income Tax % of Revenue i7.8%2.4%
Net Income (Profit) i1.11B2.02B
Profit Margin i20.9%22.7%

Balance Sheet & Liquidity Metrics

MetricCDNS (2025)SHOP (2024)
Cash & Equivalents i3.00B1.50B
Total Current Assets i4.67B7.25B
Total Current Assets % of Revenue i88.2%81.7%
Total Current Liabilities i1.64B1.96B
Total Current Liabilities % of Revenue i30.9%22.0%
Long-Term Debt i2.62B190.00M
Long-Term Debt % of Revenue i49.4%2.1%
Total Shareholders Equity i5.47B11.56B
Retained Earnings i7.10B1.63B
Retained Earnings % of Revenue i134.1%18.3%
Property, Plant & Equipment i175.96M93.00M

Cash Flow Statement Comparison

MetricCDNS (2025)SHOP (2024)
Operating Cash Flow i1.57B2.19B
Operating Cash Flow % of Revenue i29.6%24.7%
Capital Expenditures i-141.87M-19.00M
Free Cash Flow i1.59B1.60B
FCF Margin i30.0%18.0%
Debt Repayment i0N/A
Common Stock Repurchase i-1.09BN/A

Short Interest & Institutional Ownership Analysis

MetricCDNSSHOP
Shares Short i7.21MN/A
Short Ratio i3.24N/A
Short % of Float i2.62%N/A
Shares Outstanding i271.80M1.29B
Float Shares i271.33M1.21B
% Held by Insiders i0.34%0.18%
% Held by Institutions i90.02%72.30%
% Held by Public i9.64%27.52%

Dividend Analysis & Yield Comparison: Cadence Design Systems Inc. vs Shopify Inc.

MetricCDNSSHOP
Last 12-Month Dividend iN/AN/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/AN/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/AN/A
Ex-Dividend DateN/AN/A