• Cadence Design Systems average return on equity for 2023 was 32.22, a 10.12% decline from 2022.
• Cadence Design Systems average return on equity for 2022 was 29.26, a 8.17% increase from 2021.
• Cadence Design Systems average return on equity for 2021 was 27.05, a 39.89% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.