Cadence Design Systems Inc vs Xylem, Inc. — how do they compare? Cadence Design Systems Inc trades at $326.36 (market cap $91.41B), while Xylem, Inc. trades at $123.19 (market cap $28.30B). The key difference: Cadence Design Systems Inc is far larger — about 3.2× Xylem, Inc.'s market cap, and Xylem, Inc. pays a 1.42% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | XYL | |
|---|---|---|
Market Cap | $91.41B | $28.30B |
Sector | Technology | Industrials |
52-Week High | $416.39 | $152.95 |
52-Week Low | $265.66 | $106.34 |
Enterprise Value | $92.62B | $30.08B |
Dividend Yield | — | 1.42% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $6.2 billion in revenue and $611 million in adjusted operating income in 2021.
Read more on XYL →