• Cadence Design Systems average pre-tax profit margin for 2023 was 29.32%, a 0.65% increase from 2022.
• Cadence Design Systems average pre-tax profit margin for 2022 was 29.13%, a 14.32% increase from 2021.
• Cadence Design Systems average pre-tax profit margin for 2021 was 25.48%, a 18.02% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.