• Cadence Design Systems average net profit margin for 2023 was 24.11%, a 2.77% increase from 2022.
• Cadence Design Systems average net profit margin for 2022 was 23.46%, a 0.43% increase from 2021.
• Cadence Design Systems average net profit margin for 2021 was 23.36%, a 36.97% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.