• Cadence Design Systems average ebitda margin for 2023 was 32.93%, a 3.03% decline from 2022.
• Cadence Design Systems average ebitda margin for 2022 was 33.96%, a 10.37% decline from 2021.
• Cadence Design Systems average ebitda margin for 2021 was 30.77%, a 10.84% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.