CDNS vs. RBRK: Cadence Design Systems vs. Rubrik Stock Comparison

November 11, 2026

How do Cadence Design Systems (CDNS) and Rubrik (RBRK) 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 Rubrik (RBRK) both belong to the Software industry, though CDNS is classified under Application Software while RBRK falls under Systems Software.

Cadence Design Systems (CDNS) carries decades of public-market history since June 10, 1987, while Rubrik (RBRK) listed on April 25, 2024 — long-window comparisons have far more historical data on the CDNS side.

Company profile comparison for Cadence Design Systems (CDNS) and Rubrik (RBRK)
Profile Item	CDNS	RBRK
Name	Cadence Design Systems, Inc.	Rubrik 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	Software
GICS Sub-Industry	Application Software	Systems Software
Market Capitalization	87.78 billion USD	21.77 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	June 10, 1987	April 25, 2024
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CDNS

RBRK

GSPC

Cadence Design Systems (CDNS) vs. Rubrik (RBRK), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Cadence Design Systems (CDNS) and Rubrik (RBRK). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Cadence Design Systems (CDNS) and Rubrik (RBRK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Cadence Design Systems (CDNS) and Rubrik (RBRK)
Metric	CDNS	RBRK
Total Return (1Y)	3.07%	51.14%
Total Return (3Y, Annualized)	9.32%	--
Total Return (5Y, Annualized)	12.93%	--

Risk Profile

Drawdown History

CDNS

RBRK

GSPC

Cadence Design Systems (CDNS) vs. Rubrik (RBRK), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Cadence Design Systems (CDNS) and Rubrik (RBRK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cadence Design Systems (CDNS) and Rubrik (RBRK)
Metric	CDNS	RBRK
Volatility (1Y, Annualized)	42.21%	67.45%
Beta (5Y)	1.09	1.23
Max Drawdown (5Y)	-34.21%	-56.08%
Avg. Volume (3M)	2.41M	3.35M

Risk-Adjusted Performance

Risk-Return Positioning

CDNS and RBRK are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Cadence Design Systems (CDNS) and Rubrik (RBRK)
Metric	CDNS	RBRK
Sharpe Ratio (1Y)	-0.03	0.69
Sortino Ratio (1Y)	-0.04	1.09

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Cadence Design Systems (CDNS) earns 22.87% on shareholders’ equity, ranked against its industry; Rubrik (RBRK) has no ROE this period.

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%

RBRK

Software & Services industry group

Max: 53.85%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
Min: -50.52%
RBRK: --

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): RBRK does not report ROE, so it has no value marker; CDNS is benchmarked against the Software & Services industry group.

Net Margin (TTM)

Rubrik (RBRK) reports a negative net margin of -16.50%, 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%

RBRK

Software & Services industry group

-16.50%

Max: 41.17%
Q3: 15.28%
Median: 4.63%
Q1: -5.42%
RBRK: -16.50%
Min: -33.17%

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Rubrik (RBRK) reports a negative operating margin of -16.83%, 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%

RBRK

Software & Services industry group

-16.83%

Max: 46.89%
Q3: 17.64%
Median: 8.73%
Q1: -2.13%
RBRK: -16.83%
Min: -30.45%

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Cadence Design Systems (CDNS) and Rubrik (RBRK)
Metric	CDNS	RBRK
ROE (TTM)	22.87%	--
ROA (TTM)	10.52%	-6.74%
Net Margin (TTM)	22.52%	-16.50%
Operating Margin (TTM)	28.93%	-16.83%
Gross Margin (TTM)	85.68%	80.21%

Growth

Revenue Growth

Rubrik (RBRK) at 48.46% sits in the top revenue growth quartile, while Cadence Design Systems (CDNS) at 14.12% is closer to the peer norm — faster top-line expansion for RBRK.

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Cadence Design Systems (CDNS) reports EPS growth of 5.45%, ranked against its industry; Rubrik (RBRK) has no EPS growth figure this period.

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cadence Design Systems (CDNS) and Rubrik (RBRK)
Metric	CDNS	RBRK
Revenue Growth (YoY)	14.12%	48.46%
Revenue Growth (3Y CAGR)	14.14%	29.95%
EPS Growth (YoY)	5.45%	--
EPS Growth (3Y CAGR)	9.53%	--

Financial Strength

Current Ratio (MRQ)

Both Cadence Design Systems (CDNS) at 1.36 and Rubrik (RBRK) at 1.64 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

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

RBRK

Software & Services industry group

1.64

Max: 5.11
Q3: 2.77
Median: 1.67
RBRK: 1.64
Q1: 1.01
Min: 0.03

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Cadence Design Systems (CDNS) carries debt-to-equity ratio of 0.41 against its industry range, while Rubrik (RBRK) reports no figure this period.

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

RBRK

Software & Services industry group

Max: 2.52
Q3: 1.13
Median: 0.40
Q1: 0.07
Min: 0.00
RBRK: --

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): RBRK does not report debt-to-equity ratio, so it has no value marker; CDNS is benchmarked against the Software & Services industry group.

Financial Strength Metrics

Financial strength metrics for Cadence Design Systems (CDNS) and Rubrik (RBRK)
Metric	CDNS	RBRK
Current Ratio (MRQ)	1.36	1.64
Debt / Equity (MRQ)	0.41	--
Net Debt / EBITDA	0.57	--

Dividends

Dividend Yield (TTM)

Neither Cadence Design Systems (CDNS) nor Rubrik (RBRK) 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%

RBRK

Software & Services industry group

0.00%

RBRK: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Cadence Design Systems (CDNS) nor Rubrik (RBRK) 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%

RBRK

Software & Services industry group

0.00%

RBRK: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Cadence Design Systems (CDNS) and Rubrik (RBRK)
Metric	CDNS	RBRK
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 Rubrik (RBRK) 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

RBRK

Software & Services industry group

Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69
RBRK: --

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): RBRK does not report P/E ratio, so it has no value marker; CDNS is benchmarked against the Software & Services industry group.

P/S Ratio (TTM)

Both Cadence Design Systems (CDNS) at 14.31 and Rubrik (RBRK) at 14.11 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

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

RBRK

Software & Services industry group

14.11

Max: 17.91
RBRK: 14.11
Q3: 8.78
Median: 4.25
Q1: 2.23
Min: 0.02

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Rubrik (RBRK) reports a negative P/B ratio of -43.88, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Cadence Design Systems (CDNS) reports 12.77, ranking against industry peers normally.

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

RBRK

Software & Services industry group

-43.88

Max: 16.63
Q3: 8.50
Median: 4.30
Q1: 1.92
Min: -3.90
RBRK: -43.88

Cadence Design Systems (CDNS) vs. Rubrik (RBRK): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Cadence Design Systems (CDNS) and Rubrik (RBRK)
Metric	CDNS	RBRK
P/E Ratio (TTM)	63.60	--
P/S Ratio (TTM)	14.31	14.11
P/B Ratio (MRQ)	12.77	-43.88
Free Cash Flow Yield (TTM)	1.99%	2.20%