CDNS vs. CRWV: Cadence Design Systems vs. CoreWeave Stock Comparison
How do Cadence Design Systems (CDNS) and CoreWeave (CRWV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Cadence Design Systems (CDNS) and CoreWeave (CRWV) both fall under the Software & Services industry group, but CDNS is classified in Software while CRWV is classified in IT Services.
Cadence Design Systems (CDNS) carries decades of public-market history since June 10, 1987, while CoreWeave (CRWV) listed on March 28, 2025 — long-window comparisons have far more historical data on the CDNS side.
| Profile Item | CDNS | CRWV |
|---|---|---|
| Name | Cadence Design Systems, Inc. | CoreWeave Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Application Software | Internet Services & Infrastructure |
| Market Capitalization | 87.78 billion USD | 25.59 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | June 10, 1987 | March 28, 2025 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CDNS | CRWV |
|---|---|---|
| Total Return (1Y) | 3.07% | -52.69% |
| Total Return (3Y, Annualized) | 9.32% | -- |
| Total Return (5Y, Annualized) | 12.93% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
CoreWeave (CRWV) carries a highly aggressive beta of 7.43, indicating much higher sensitivity to broad-market moves, whereas Cadence Design Systems (CDNS) is closer to market-like at 1.09 — a noticeable difference in market-sensitivity profile.
| Metric | CDNS | CRWV |
|---|---|---|
| Volatility (1Y, Annualized) | 42.21% | 98.61% |
| Beta (5Y) | 1.09 | 7.43 |
| Max Drawdown (5Y) | -34.21% | -76.22% |
| Avg. Volume (3M) | 2.41M | 40.98M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CDNS | CRWV |
|---|---|---|
| Sharpe Ratio (1Y) | -0.03 | -0.58 |
| Sortino Ratio (1Y) | -0.04 | -0.86 |
Profitability
ROE (TTM)
CoreWeave (CRWV) reports a negative ROE of -43.60%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Cadence Design Systems (CDNS) reports 22.87%, ranking against industry peers normally.
CDNS
Software & Services industry group
22.87%
- Max
- 53.85%
- CDNS
- 22.87%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
CRWV
Software & Services industry group
-43.60%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- CRWV
- -43.60%
- Min
- -50.52%
Net Margin (TTM)
CoreWeave (CRWV) reports a negative net margin of -25.40%, usually indicating a net loss over the period. Meanwhile Cadence Design Systems (CDNS) reports 22.52%, ranking against industry peers normally.
CDNS
Software & Services industry group
22.52%
- Max
- 41.17%
- CDNS
- 22.52%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
CRWV
Software & Services industry group
-25.40%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- CRWV
- -25.40%
- Min
- -33.17%
Operating Margin (TTM)
CoreWeave (CRWV) reports a negative operating margin of -1.90%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Cadence Design Systems (CDNS) reports 28.93%, ranking against industry peers normally.
CDNS
Software & Services industry group
28.93%
- Max
- 46.89%
- CDNS
- 28.93%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
CRWV
Software & Services industry group
-1.90%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- CRWV
- -1.90%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | CDNS | CRWV |
|---|---|---|
| ROE (TTM) | 22.87% | -43.60% |
| ROA (TTM) | 10.52% | -0.24% |
| Net Margin (TTM) | 22.52% | -25.40% |
| Operating Margin (TTM) | 28.93% | -1.90% |
| Gross Margin (TTM) | 85.68% | 67.42% |
Growth
Revenue Growth
CoreWeave (CRWV) at 167.94% 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.
EPS Growth
Only one side can be read here: Cadence Design Systems (CDNS) reports EPS growth of 5.45%, ranked against its industry; CoreWeave (CRWV) has no EPS growth figure this period.
Growth Metrics
| Metric | CDNS | CRWV |
|---|---|---|
| Revenue Growth (YoY) | 14.12% | 167.94% |
| Revenue Growth (3Y CAGR) | 14.14% | 586.92% |
| EPS Growth (YoY) | 5.45% | -- |
| EPS Growth (3Y CAGR) | 9.53% | -- |
Financial Strength
Current Ratio (MRQ)
Cadence Design Systems (CDNS) at 1.36 keeps current ratio within its industry’s typical mid-range, while CoreWeave (CRWV) at 0.46 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CRWV.
CDNS
Software & Services industry group
1.36
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- CDNS
- 1.36
- Q1
- 1.01
- Min
- 0.03
CRWV
Software & Services industry group
0.46
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- CRWV
- 0.46
- Min
- 0.03
Debt / Equity (MRQ)
Cadence Design Systems (CDNS) at 0.41 is near its industry mid-range for debt-to-equity ratio, while CoreWeave (CRWV) at 10.27 sits above its benchmark range, pointing to a heavier debt load relative to equity.
CDNS
Software & Services industry group
0.41
- Max
- 2.52
- Q3
- 1.13
- CDNS
- 0.41
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
CRWV
Software & Services industry group
10.27
- CRWV
- 10.27
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | CDNS | CRWV |
|---|---|---|
| Current Ratio (MRQ) | 1.36 | 0.46 |
| Debt / Equity (MRQ) | 0.41 | 10.27 |
| Net Debt / EBITDA | 0.57 | 12.16 |
Dividends
Dividend Yield (TTM)
Neither Cadence Design Systems (CDNS) nor CoreWeave (CRWV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CDNS
Software & Services industry group
0.00%
- CDNS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CRWV
Software & Services industry group
0.00%
- CRWV
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Cadence Design Systems (CDNS) nor CoreWeave (CRWV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CDNS
Software & Services industry group
0.00%
- CDNS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CRWV
Software & Services industry group
0.00%
- CRWV
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CDNS | CRWV |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Cadence Design Systems (CDNS) trades at 63.60 times trailing earnings, ranked against its peers, while CoreWeave (CRWV) has no P/E ratio this period.
CDNS
Software & Services industry group
63.60
- Max
- 112.94
- CDNS
- 63.60
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
CRWV
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- CRWV
- --
P/S Ratio (TTM)
CoreWeave (CRWV) at 3.37 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.
CDNS
Software & Services industry group
14.31
- Max
- 17.91
- CDNS
- 14.31
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
CRWV
Software & Services industry group
3.37
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- CRWV
- 3.37
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
CoreWeave (CRWV) at 5.09 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.
CDNS
Software & Services industry group
12.77
- Max
- 16.63
- CDNS
- 12.77
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
CRWV
Software & Services industry group
5.09
- Max
- 16.63
- Q3
- 8.50
- CRWV
- 5.09
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | CDNS | CRWV |
|---|---|---|
| P/E Ratio (TTM) | 63.60 | -- |
| P/S Ratio (TTM) | 14.31 | 3.37 |
| P/B Ratio (MRQ) | 12.77 | 5.09 |
| Free Cash Flow Yield (TTM) | 1.99% | -35.51% |