Cadence Design Systems, Inc.CDNSNASDAQ
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Gross Profit Growth Under Pressure
Trending lower, below historical average.
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Year-over-year gross profit growth rate
Latest
9.27%
↓ 19% below average
Average (9y)
11.45%
Historical baseline
Range
High:18.98%
Low:6.56%
CAGR
+1.9%
Modest growth trend
| Period | Value |
|---|---|
| 2024 | 9.27% |
| 2023 | 14.57% |
| 2022 | 18.98% |
| 2021 | 12.78% |
| 2020 | 14.85% |
| 2019 | 10.15% |
| 2018 | 10.18% |
| 2017 | 9.36% |
| 2016 | 6.56% |
| 2015 | 7.84% |