Compare Cadence Design Systems Inc (CDNS) vs Otis Worldwide Corp (OTIS) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Cadence Design Systems Inc vs Otis Worldwide Corp — how do they compare? Cadence Design Systems Inc trades at $326.5 (market cap $90.20B), while Otis Worldwide Corp trades at $73.25 (market cap $27.80B). The key difference: Cadence Design Systems Inc is far larger — about 3.2× Otis Worldwide Corp's market cap, and Otis Worldwide Corp pays a 2.41% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | OTIS | |
|---|---|---|
Market Cap | $90.20B | $27.80B |
Sector | Technology | Industrials |
52-Week High | $416.39 | $93.62 |
52-Week Low | $265.66 | $69.34 |
Enterprise Value | $91.41B | $35.84B |
Dividend Yield | — | 2.41% |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About Cadence Design Systems Inc
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Read more on CDNS →About Otis Worldwide Corp
Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed.The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15-20 year useful life of an elevator. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp.
Read more on OTIS →
