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Held by 1,331 of 5,944 reporting institutions (99th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 20%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit.
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.30B 100.0% | $4.64B 100.0% | $4.09B 100.0% | $3.56B 100.0% | $2.99B 100.0% | $2.68B 100.0% | $2.34B 100.0% | $2.14B 100.0% | $1.94B 100.0% | $1.82B 100.0% |
| Selling, General & Admin | $313.4M 5.9% | $274.0M 5.9% | $242.4M 5.9% | $242.1M 6.8% | $189.0M 6.3% | $154.4M 5.8% | $139.8M 6.0% | $133.4M 6.2% | $134.2M 6.9% | $125.1M 6.9% |
| Total Operating Expenses | $3.80B 71.8% | $3.29B 70.9% | $2.84B 69.4% | $2.49B 69.9% | $2.21B 73.9% | $2.04B 75.9% | $1.84B 78.9% | $1.74B 81.5% | $1.62B 83.3% | $1.57B 86.5% |
| Operating Income | $1.49B 28.2% | $1.35B 29.1% | $1.25B 30.6% | $1.07B 30.1% | $779.1M 26.1% | $645.6M 24.1% | $491.8M 21.1% | $396.2M 18.5% | $324.0M 16.7% | $244.9M 13.5% |
| Interest Expense | $116.5M 2.2% | $76.0M 1.6% | $36.2M 0.9% | $22.9M 0.6% | $17.0M 0.6% | $20.7M 0.8% | $18.8M 0.8% | $23.1M 1.1% | $25.7M 1.3% | $23.7M 1.3% |
| Interest & Investment Income | $101.6M 1.9% | $62.5M 1.3% | $29.6M 0.7% | $10.1M 0.3% | $2.6M 0.1% | $3.8M 0.1% | $9.5M 0.4% | $8.1M 0.4% | $3.9M 0.2% | $2.9M 0.2% |
| Other Income (Expense), net | $146.5M 2.8% | $121.1M 2.6% | $66.9M 1.6% | -$5.4M -0.2% | $6.3M 0.2% | $7.9M 0.3% | $6.0M 0.3% | $3.3M 0.2% | $16.8M 0.9% | $15.9M 0.9% |
| Pretax Income | $1.52B 28.7% | $1.40B 30.1% | $1.28B 31.3% | $1.05B 29.3% | $768.4M 25.7% | $632.7M 23.6% | $479.0M 20.5% | $376.4M 17.6% | $315.0M 16.2% | $237.2M 13.1% |
| Income Tax Expense | $413.2M 7.8% | $340.3M 7.3% | $240.8M 5.9% | $196.4M 5.5% | $72.5M 2.4% | $42.1M 1.6% | -$510.0M -21.8% | $30.6M 1.4% | $110.9M 5.7% | $34.1M 1.9% |
| Net Income | $1.11B 20.9% | $1.06B 22.7% | $1.04B 25.5% | $849.0M 23.8% | $696.0M 23.3% | $590.6M 22.0% | $989.0M 42.3% | $345.8M 16.2% | $204.1M 10.5% | $203.1M 11.2% |
| Per Share | ||||||||||
| EPS (Basic) | $4.09 | $3.89 | $3.86 | $3.13 | $2.54 | $2.16 | $3.62 | $1.26 | $0.75 | $0.71 |
| EPS (Diluted) | $4.06 | $3.85 | $3.82 | $3.09 | $2.50 | $2.11 | $3.53 | $1.23 | $0.73 | $0.70 |
| Weighted Avg Shares (Basic) | 271.3M | 271.2M | 269.4M | 271.2M | 273.5M | 273.7M | 273.2M | 273.7M | 272.1M | 284.5M |
| Weighted Avg Shares (Diluted) | 273.3M | 273.8M | 272.7M | 275.0M | 278.9M | 279.6M | 280.5M | 281.1M | 280.2M | 291.3M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $280.76 today, the market must believe free cash flow compounds 21.7%/yr for a decade (off $1.3B normalized FCF).
The market's 21.7% is more optimistic than its 9-yr track record.
2-stage DCF · 0.27B shares · net debt -$3.0B
mean 17.8% · volatility σ 16% · implied rate exceeded in 4/9 yrs
Central path = implied 21.7%/yr growth; shaded band = ±1σ (16%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
5/7 of the 9 checks — 2 couldn't be scored (see above), so the score is out of the 7 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $925M buybacks = $925M returned on $1.6B FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-09-17
No material risks flagged.
Where each multiple sits in its own 5-yr range · 35th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 5-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Returns are margin-driven, not leverage-driven — higher quality.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2021 | FY2022 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| SG&A | 6.2 | 6.0 | 5.8 | 6.3 | 6.8 | 5.9 | 5.9 | 5.9 |
| Operating Income | 18.5 | 21.1 | 24.1 | 26.1 | 30.1 | 30.6 | 29.1 | 28.2 |
| Income Tax | 1.4 | -21.8 | 1.6 | 2.4 | 5.5 | 5.9 | 7.3 | 7.8 |
| Net Income | 16.2 | 42.3 | 22.0 | 23.3 | 23.8 | 25.5 | 22.7 | 20.9 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on CDNS: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Ranked against 743 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | $11.16T | — | — | — | — | — | — | — | — | — | 3,121 |
| NVDA | $5.33T | 44.8× | 40.0× | 24.7× | 65.5% | 71.1% | 55.6% | 76.3% | 72.4% | 0.1× | 5,582 |
| AAPL | $4.98T | 45.2× | 34.8× | 12.0× | 6.4% | 46.9% | 26.9% | 152% | 68.1% | 0.6× | 5,858 |
| MSFT | $3.70T | 27.7× | 19.6× | 11.1× | 17.8% | 67.9% | 40.3% | 30.2% | 27.7% | 0.2× | 5,944 |
| AVGO | $1.65T | 72.8× | 65.1× | 25.8× | 23.9% | 67.8% | 36.2% | 28.4% | 15.8% | 2.5× | 4,442 |
| MU | $1.10T | 128.8× | 60.7× | 29.3× | 48.9% | 39.8% | 22.8% | 15.8% | 12.9% | 0.7× | 2,894 |
| AMD | $888.5B | 205.7× | 210.2× | 25.6× | 34.3% | 49.5% | 12.5% | 6.9% | 6.5% | 0.8× | 3,059 |
| INTC | $543.3B | — | 67.4× | 10.3× | -0.5% | 34.8% | -0.5% | -0.2% | -0.2% | 5.5× | 2,495 |
| CSCO | $436.6B | 43.2× | 36.6× | 7.7× | 5.3% | 64.9% | 18.0% | 21.7% | 13.6% | 2.3× | 3,560 |
| PLTR | $421.4B | 279.8× | 291.6× | 94.2× | 56.2% | 82.4% | 36.3% | 22.0% | 22.0% | — | 2,883 |
| DELL | $383.6B | 67.8× | 36.1× | 3.4× | 18.8% | 20.0% | 5.2% | -240% | 20.4% | 2.8× | 1,564 |
| LRCX | $341.7B | 64.9× | 54.5× | 18.5× | 23.7% | 48.7% | 29.1% | 54.3% | 37.4% | 0.7× | 2,500 |
| RPAY | $338.0B | — | — | 1092.8× | -1.2% | 75.0% | -83.0% | -53.0% | -28.2% | -1.7× | 142 |
| AMAT | $331.0B | 48.2× | 38.1× | 11.7× | 4.4% | 48.7% | 24.7% | 34.3% | 25.9% | 0.8× | 2,826 |
| UMC | $307.4B | — | — | — | — | — | — | — | — | — | 302 |
| ARM | $281.9B | 311.6× | 242.9× | 57.3× | 22.8% | 97.5% | 18.4% | 10.9% | 10.9% | — | 730 |
| SAP | $262.5B | — | — | — | — | — | — | — | — | — | 794 |
| ANET | $250.7B | 72.6× | 63.3× | 27.8× | 28.6% | 64.1% | 39.0% | 28.4% | 28.4% | — | 1,930 |
| PANW | $250.5B | 234.4× | 156.5× | 27.2× | 14.9% | 73.4% | 12.3% | 14.5% | 14.5% | — | 2,374 |
| SNDK | $235.7B | — | — | 32.0× | 10.4% | 30.1% | -22.3% | -17.8% | -14.8% | -1.5× | 1,127 |
| TXN | $234.6B | 47.4× | 30.9× | 13.3× | 13.0% | 57.0% | 28.3% | 30.7% | 16.5% | 1.8× | 2,345 |
| CRM | $225.6B | 31.1× | 24.4× | 5.4× | 9.6% | 77.7% | 18.0% | 12.6% | 10.1% | 1.5× | 2,547 |
| IBM | $222.8B | 21.3× | — | 3.3× | 7.6% | 58.2% | 15.7% | 32.4% | 11.3% | — | 3,351 |
| MRVL | $204.0B | 78.4× | 133.3× | 24.9× | 42.1% | 51.0% | 32.6% | 18.7% | 14.2% | 2.9× | 1,477 |
| QCOM | $202.7B | 37.7× | 15.2× | 4.6× | 13.7% | 55.4% | 12.5% | 26.1% | 15.4% | 1.1× | 2,611 |
| CDNS | $76.3B | 69.2× | 42.6× | 14.4× | 14.1% | — | 20.9% | 20.3% | 20.3% | — | 1,331 |
Peers = companies sharing CDNS's sector (Technology) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.