Cadence Income Before Tax from 2010 to 2024

CDNS Stock  USD 306.51  2.50  0.82%   
Cadence Design Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Cadence Design Income Before Tax quarterly data regression had r-value of  0.93 and coefficient of variation of  87.86. View All Fundamentals
 
Income Before Tax  
First Reported
1989-09-30
Previous Quarter
315.7 M
Current Value
333.4 M
Quarterly Volatility
157.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cadence Design financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cadence Design's main balance sheet or income statement drivers, such as Depreciation And Amortization of 118.5 M, Interest Expense of 38 M or Selling General Administrative of 152.6 M, as well as many indicators such as Price To Sales Ratio of 18.84, Dividend Yield of 7.0E-4 or PTB Ratio of 22.63. Cadence financial statements analysis is a perfect complement when working with Cadence Design Valuation or Volatility modules.
  
Check out the analysis of Cadence Design Correlation against competitors.

Latest Cadence Design's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Cadence Design Systems over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Cadence Design income statement and is an important metric when analyzing Cadence Design Systems profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Cadence Design's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cadence Design's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Cadence Income Before Tax Regression Statistics

Arithmetic Mean491,709,487
Geometric Mean274,371,906
Coefficient Of Variation87.86
Mean Deviation348,792,916
Median315,046,000
Standard Deviation432,010,661
Sample Variance186633.2T
Range1.3B
R-Value0.93
Mean Square Error27005.6T
R-Squared0.87
Slope89,876,754
Total Sum of Squares2612865T

Cadence Income Before Tax History

20241.3 B
20231.3 B
2022B
2021768.4 M
2020632.7 M
2019479 M
2018376.4 M

About Cadence Design Financial Statements

Cadence Design shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Cadence Design investors may analyze each financial statement separately, they are all interrelated. The changes in Cadence Design's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cadence Design's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax1.3 B1.3 B

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Additional Tools for Cadence Stock Analysis

When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.