CDNS vs FTNT

Comparison between Cadence Design Systems Inc (CDNS, Company) and Fortinet Inc (FTNT, Company).

Both CDNS and FTNT are from the Technology sector.

5-Year PerformanceFTNT has outperformed CDNS, delivering a return of +25.2% compared to +23.8%

CDNS vs FTNT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CDNS(COMPANY)	FTNT(COMPANY)
Market Cap	$95B	$95B
Max Drawdown	91.92%	51.20%
Sharpe Ratio	0.33	0.64
5Y Beta	1.48	1.03
Industry	Software - Application	Software - Infrastructure
P/E Ratio	90.24	49.58
Forward P/E	45.87	41.49
PEG Ratio	10.66	7.13
5Y EPS CAGR	21.45%	34.10%
Debt to Equity	0.00%	50.20%
Free Cash Flow Yield	1.50%	2.26%

Market Cap

Winner

CDNS

$95B

FTNT

$95B

Max Drawdown

CDNS

91.92%

Winner

FTNT

51.20%

Sharpe Ratio

CDNS

0.33

Winner

FTNT

0.64

5Y Beta

CDNS

1.48

Winner

FTNT

1.03

Industry

CDNS

Software - Application

FTNT

Software - Infrastructure

P/E Ratio

CDNS

90.24

Winner

FTNT

49.58

Forward P/E

CDNS

45.87

Winner

FTNT

41.49

PEG Ratio

CDNS

10.66

Winner

FTNT

7.13

5Y EPS CAGR

CDNS

21.45%

Winner

FTNT

34.10%

Debt to Equity

Winner

CDNS

0.00%

FTNT

50.20%

Free Cash Flow Yield

CDNS

1.50%

Winner

FTNT

2.26%

CDNS vs FTNT - Historical Returns

Returns include dividend reinvestment.

Period	CDNS	FTNT
1 month	+10.01%	+51.84%
3 months	+20.99%	+61.83%
6 months	+19.26%	+64.17%
1 year	+12.88%	+25.88%
5 years(CAGR)	+23.76%	+25.15%
10 years(CAGR)	+30.74%	+34.37%
Max(CAGR)	+12.61%	+30.20%

CDNS

+10.01%

Winner

FTNT

+51.84%

CDNS

+20.99%

Winner

FTNT

+61.83%

CDNS

+19.26%

Winner

FTNT

+64.17%

CDNS

+12.88%

Winner

FTNT

+25.88%

5Y(CAGR)

CDNS

+23.76%

Winner

FTNT

+25.15%

10Y(CAGR)

CDNS

+30.74%

Winner

FTNT

+34.37%

Max(CAGR)

CDNS

+12.61%

Winner

FTNT

+30.20%

CDNS vs FTNT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CDNS	FTNT
2026	+15.48%	+66.23%
2025	+5.01%	-16.19%
2024	+14.29%	+63.52%
2023	+70.62%	+20.63%
2022	-12.30%	-26.62%
2021	+37.26%	+146.91%
2020	+90.97%	+35.42%
2019	+60.44%	+53.21%
2018	+3.40%	+58.80%
2017	+65.04%	+45.05%
2016	+22.84%	-0.36%
2015	+10.52%	+1.23%
2014	+35.40%	+61.20%
2013	+0.14%	-9.72%
2012	+30.66%	+1.20%
2011	+24.55%	+31.78%
2010	+34.97%	+79.72%
2009	+55.99%	+5.72%
2008	-78.21%	N/A
2007	-6.28%	N/A
2006	+5.66%	N/A
2005	+23.05%	N/A
2004	-24.37%	N/A
2003	+54.20%	N/A
2002	-44.91%	N/A
2001	-11.90%	N/A
2000	+24.66%	N/A
1999	+56.76%	N/A

CDNS vs FTNT Drawdown Comparison

The maximum drawdown for CDNS was -91.92%, occurring on Dec 15, 2008. Recovery took 4085 trading sessions.

The maximum drawdown for FTNT was -51.20%, occurring on Feb 11, 2016. Recovery took 638 trading sessions.

The current CDNS drawdown is -3.99%. The current FTNT drawdown is -0.42%.

Rank	CDNS	FTNT
#1	-91.92% Jan 22, 2001 - Apr 19, 2017	-51.20% Aug 5, 2015 - Feb 15, 2018
#2	-43.75% Dec 31, 1999 - Sep 13, 2000	-42.31% Jul 6, 2011 - Apr 2, 2012
#3	-32.12% Feb 19, 2020 - Apr 24, 2020	-41.88% Apr 5, 2012 - Dec 17, 2014
#4	-29.59% Dec 27, 2021 - Aug 15, 2022	-38.32% Jul 17, 2023 - Oct 9, 2024
#5	-29.05% Jun 18, 2024 - Jul 3, 2025	-37.61% Feb 6, 2020 - May 7, 2020
#6	-28.85% Sep 22, 2025 - Apr 10, 2026	-37.54% Dec 27, 2021 - Jun 15, 2023
#7	-26.25% Aug 15, 2022 - Feb 14, 2023	-35.07% Feb 19, 2025 - May 11, 2026
#8	-21.72% Jan 26, 2018 - Jul 25, 2018	-29.02% Oct 1, 2018 - Apr 12, 2019
#9	-21.67% Sep 15, 2000 - Oct 24, 2000	-26.85% Apr 15, 2019 - Nov 8, 2019
#10	-18.83% Mar 1, 2021 - Apr 15, 2021	-26.22% Jul 9, 2020 - Dec 22, 2020
#11	-18.51% Dec 11, 2000 - Jan 9, 2001	-25.41% Jan 8, 2010 - Aug 31, 2010
#12	-17.92% Apr 15, 2021 - Jul 30, 2021	-16.84% Nov 8, 2021 - Dec 27, 2021
#13	-17.56% Jul 29, 2019 - Feb 12, 2020	-14.86% Apr 5, 2011 - Apr 28, 2011
#14	-17.20% Aug 29, 2018 - Jan 30, 2019	-10.83% Mar 15, 2021 - Apr 6, 2021
#15	-15.41% Oct 24, 2000 - Dec 8, 2000	-10.49% May 20, 2020 - Jul 8, 2020