CDNS vs. CRCL: Cadence Design Systems vs. Circle Internet Stock Comparison

Company Profile

Cadence Design Systems (CDNS) and Circle Internet (CRCL) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.

Cadence Design Systems (CDNS) carries decades of public-market history since June 10, 1987, while Circle Internet (CRCL) listed on June 5, 2025 — long-window comparisons have far more historical data on the CDNS side.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Cadence Design Systems (CDNS) at 22.87% sits in the top ROE quartile, while Circle Internet (CRCL) at 13.44% is closer to the peer norm — stronger capital efficiency for CDNS.

Cadence Design Systems (CDNS) at 22.52% retains a top-quartile share of revenue as profit, ahead of Circle Internet (CRCL) at 15.28%, which keeps about the industry-typical share.

Both Cadence Design Systems (CDNS) at 28.93% and Circle Internet (CRCL) at 24.09% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

Profitability Metrics

Growth

Circle Internet (CRCL) at 63.86% clears its industry range for revenue growth, far stronger top-line momentum than Cadence Design Systems (CDNS) at 14.12%, which is closer to a typical peer reading.

Cadence Design Systems (CDNS) at 5.45% is around its peer norm for EPS growth, while Circle Internet (CRCL) at -640.54% falls below its industry range, a notably weak earnings reading.

Growth Metrics

Financial Strength

Both Cadence Design Systems (CDNS) at 1.36 and Circle Internet (CRCL) at 1.04 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

Circle Internet (CRCL) at 0.00 keeps leverage in the lower industry quartile, while Cadence Design Systems (CDNS) at 0.41 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Neither Cadence Design Systems (CDNS) nor Circle Internet (CRCL) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Neither Cadence Design Systems (CDNS) nor Circle Internet (CRCL) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Dividend Metrics

Valuation

Circle Internet (CRCL) at 40.89 is near its industry’s usual P/E ratio, while Cadence Design Systems (CDNS) at 63.60 sits in the richer quartile — CDNS needs stronger growth or earnings quality to justify the premium.

Circle Internet (CRCL) at 5.75 is priced about in line with its industry on P/S ratio, while Cadence Design Systems (CDNS) at 14.31 sits in the pricier quartile — CDNS costs more per dollar of sales.

Circle Internet (CRCL) at 4.50 is valued about in line with its industry on P/B ratio, while Cadence Design Systems (CDNS) at 12.77 carries an above-peer premium to book — CDNS is pricier on assets.

Valuation Metrics