Synopsys (SNPS) Financials

$623.42 +5.51 (+0.89%)

As of 03:33 PM Eastern

Annual Income Statements for Synopsys

This table shows Synopsys' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024
Net Income / (Loss) Attributable to Common Shareholders	259	226	267	137	433	532	664	758	985	1,230	2,263
Consolidated Net Income / (Loss)	259	226	267	137	433	532	663	756	978	1,218	2,236
Net Income / (Loss) Continuing Operations	259	226	267	137	433	532	663	756	964	1,215	1,414
Total Pre-Tax Income	272	282	330	383	364	546	638	806	1,103	1,305	1,514
Total Operating Income	249	266	317	348	360	520	620	735	1,149	1,273	1,356
Total Gross Profit	1,601	1,723	1,880	2,071	2,385	2,608	2,891	3,342	3,718	4,287	4,882
Total Revenue	2,057	2,242	2,423	2,725	3,121	3,361	3,685	4,204	4,616	5,318	6,127
Operating Revenue	2,057	2,242	2,423	2,725	3,121	3,361	3,685	4,204	4,616	5,318	6,127
Total Cost of Revenue	457	519	543	654	736	753	795	862	898	1,031	1,245
Operating Cost of Revenue	457	519	543	654	736	753	795	862	898	1,031	1,245
Total Operating Expenses	1,352	1,457	1,562	1,723	2,025	2,088	2,270	2,608	2,569	3,014	3,526
Selling, General & Admin Expense	155	165	166	197	263	229	285	323	314	377	568
Marketing Expense	453	474	502	549	623	633	632	712	643	725	859
Research & Development Expense	719	776	857	909	1,085	1,137	1,279	1,505	1,590	1,850	2,082
Amortization Expense	-	-	-	-	42	-	-	-	12	9.30	16
Restructuring Charge	0.00	15	9.63	37	13	47	36	33	11	53	0.00
Total Other Income / (Expense), net	23	15	12	36	3.32	25	18	71	-45	32	158
Other Income / (Expense), net	23	15	12	36	3.32	25	18	71	-45	32	158
Income Tax Expense	13	56	63	247	-69	13	-25	49	139	90	100
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-	-	14	2.84	822
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	0.00	0.00	-0.90	-1.16	-6.16	-12	-28
Basic Earnings per Share	$1.67	$1.46	$1.76	$0.91	$2.90	$3.55	$4.40	$4.96	$6.44	$8.08	$14.78
Weighted Average Basic Shares Outstanding	155.05M	154.96M	152.02M	150.46M	149.04M	149.87M	151.14M	152.70M	153.00M	152.15M	153.14M
Diluted Earnings per Share	$1.64	$1.43	$1.73	$0.88	$2.82	$3.45	$4.27	$4.81	$6.29	$7.92	$14.51
Weighted Average Diluted Shares Outstanding	157.71M	158.07M	154.72M	154.87M	153.39M	154.19M	155.71M	157.34M	156.49M	155.20M	155.94M
Weighted Average Basic & Diluted Shares Outstanding	155.20M	154.70M	151.60M	148.71M	149.52M	150.53M	153.03M	153.44M	152.42M	151.99M	154.58M

This table shows Synopsys' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Net Income / (Loss) Attributable to Common Shareholders	154	272	273	336	349	449	292	408	1,114	296	345
Consolidated Net Income / (Loss)	152	269	270	333	346	446	289	405	1,096	297	345
Net Income / (Loss) Continuing Operations	137	269	273	668	5.80	435	296	423	249	297	349
Total Pre-Tax Income	200	279	297	326	404	457	342	392	315	291	396
Total Operating Income	204	256	292	300	425	353	332	360	304	252	376
Total Gross Profit	701	1,077	1,015	1,094	1,102	1,232	1,154	1,235	1,173	1,185	1,286
Total Revenue	818	1,361	1,263	1,354	1,340	1,511	1,455	1,526	1,498	1,455	1,604
Operating Revenue	818	1,361	1,263	1,354	1,340	1,511	1,455	1,526	1,498	1,455	1,604
Total Cost of Revenue	117	284	248	260	238	279	300	291	325	270	318
Operating Cost of Revenue	117	284	248	260	238	279	300	291	325	270	318
Total Operating Expenses	497	821	722	794	677	879	822	875	869	934	909
Selling, General & Admin Expense	67	97	85	100	95	131	115	150	165	167	136
Marketing Expense	71	211	181	186	148	219	210	211	175	209	215
Research & Development Expense	371	465	460	484	440	526	493	509	528	553	554
Amortization Expense	-	-	-	2.01	-	3.53	4.56	-	-	4.00	4.00
Total Other Income / (Expense), net	-3.98	23	4.21	25	-21	105	9.46	32	11	39	20
Interest Expense	-	-	-	-	-	-	7.07	-	-	-	94
Other Income / (Expense), net	-3.98	23	4.21	25	-21	105	17	32	11	39	114
Income Tax Expense	63	11	24	-6.95	63	23	45	-31	66	-6.29	47
Net Income / (Loss) Discontinued Operations	-	-	-2.69	1.09	-	12	-7.00	-18	-	0.00	-3.90
Net Income / (Loss) Attributable to Noncontrolling Interest	-1.94	-2.91	-2.96	-3.20	-2.70	-2.91	-3.02	-3.16	-18	1.73	-0.22
Basic Earnings per Share	$1.00	$1.78	$1.79	$2.21	$2.30	$2.95	$1.91	$2.66	$7.26	$1.91	$2.23
Weighted Average Basic Shares Outstanding	153.00M	152.40M	152.19M	152.02M	152.15M	152.31M	152.97M	153.42M	153.14M	154.41M	154.93M
Diluted Earnings per Share	$0.98	$1.75	$1.76	$2.17	$2.24	$2.89	$1.88	$2.61	$7.13	$1.89	$2.21
Weighted Average Diluted Shares Outstanding	156.49M	155.08M	154.73M	154.95M	155.20M	155.33M	155.77M	156.13M	155.94M	156.19M	156.09M
Weighted Average Basic & Diluted Shares Outstanding	152.42M	152.30M	304.32M	304.17M	151.99M	152.54M	153.22M	153.61M	154.58M	154.62M	155.16M

This table details how cash moves in and out of Synopsys' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024
Net Change in Cash & Equivalents	-37	-150	140	70	-325	2.74	507	197	-15	21	2,458
Net Cash From Operating Activities	551	495	587	632	424	801	991	1,493	1,739	1,703	1,407
Net Cash From Continuing Operating Activities	551	495	587	632	424	801	991	1,493	1,739	1,703	1,407
Net Income / (Loss) Continuing Operations	259	226	267	137	433	532	663	756	978	1,218	2,236
Consolidated Net Income / (Loss)	259	226	267	137	433	532	663	756	978	1,218	2,236
Depreciation Expense	193	212	207	189	209	202	210	204	228	247	295
Amortization Expense	-	-	-	0.00	0.00	63	61	65	73	82	107
Non-Cash Adjustments To Reconcile Net Income	71	88	99	112	142	162	357	466	555	694	-116
Changes in Operating Assets and Liabilities, net	28	-30	14	195	-360	-158	-300	1.60	-96	-538	-1,115
Net Cash From Investing Activities	-497	-560	-143	-189	-744	-236	-360	-549	-573	-482	1,223
Net Cash From Continuing Investing Activities	-497	-560	-143	-189	-744	-236	-360	-549	-573	-482	1,223
Purchase of Property, Plant & Equipment	-107	-91	-71	-74	-102	-202	-159	-96	-139	-192	-123
Acquisitions	-395	-340	-60	-259	-653	-37	-201	-296	-422	-298	-157
Purchase of Investments	0.00	-239	-170	-155	-3.56	-3.25	-2.76	-169	-104	-132	-138
Divestitures	-	-	-	-	-	-	-	-	0.00	0.00	1,447
Sale and/or Maturity of Investments	7.77	109	158	296	13	6.36	2.15	13	94	139	195
Other Investing Activities, net	-3.49	0.90	0.00	2.10	-	0.00	0.00	-0.80	-1.20	0.00	0.00
Net Cash From Financing Activities	-74	-62	-307	-373	5.14	-562	-141	-749	-1,116	-1,197	-181
Net Cash From Continuing Financing Activities	-74	-62	-307	-373	5.14	-562	-141	-749	-1,116	-1,197	-181
Repayment of Debt	-236	-327	-191	-383	-294	-525	-290	-32	-80	-2.73	-76
Repurchase of Common Equity	-120	-280	-400	-400	-400	-329	-242	-788	-1,100	-1,206	0.00
Issuance of Common Equity	104	110	125	126	124	156	197	211	238	253	232
Other Financing Activities, net	-22	-25	-27	-37	-46	-57	-82	-139	-174	-241	-338
Effect of Exchange Rate Changes	-17	-23	3.41	-	-11	-	17	2.37	-65	-2.98	8.80
Cash Interest Paid	1.90	2.71	3.71	7.10	15	12	5.14	3.37	1.26	1.00	0.81
Cash Income Taxes Paid	41	60	69	103	253	76	71	150	168	98	680

This table details how cash moves in and out of Synopsys' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Net Change in Cash & Equivalents	34	-263	389	142	-247	-320	390	348	2,039	-241	10,466
Net Cash From Operating Activities	394	115	703	560	326	-88	477	455	563	-67	275
Net Cash From Continuing Operating Activities	394	115	703	560	326	-88	477	455	563	-67	275
Net Income / (Loss) Continuing Operations	152	269	270	333	346	446	289	405	1,096	297	345
Consolidated Net Income / (Loss)	152	269	270	333	346	446	289	405	1,096	297	345
Depreciation Expense	59	57	60	63	67	63	61	56	115	48	49
Amortization Expense	19	19	21	22	21	20	25	31	32	23	45
Non-Cash Adjustments To Reconcile Net Income	150	166	170	179	179	155	204	209	-684	222	71
Changes in Operating Assets and Liabilities, net	15	-396	182	-37	-287	-772	-103	-245	4.52	-658	-235
Net Cash From Investing Activities	-41	-36	-91	-54	-301	-54	-112	-54	1,443	-22	76
Net Cash From Continuing Investing Activities	-41	-36	-91	-54	-301	-54	-112	-54	1,443	-22	76
Purchase of Property, Plant & Equipment	-36	-44	-48	-46	-53	-40	-38	-40	-4.39	-41	-56
Purchase of Investments	-24	-29	-40	-34	-29	-26	-40	-32	-40	-41	-10
Divestitures	-	-	-	-	-	0.00	-	-	-	24	46
Sale and/or Maturity of Investments	23	37	38	36	28	80	39	35	40	36	21
Net Cash From Financing Activities	-291	-377	-214	-351	-254	-187	33	-57	30	-142	10,096
Net Cash From Continuing Financing Activities	-291	-377	-214	-351	-254	-187	33	-57	30	-142	10,096
Issuance of Common Equity	77	22	110	32	88	9.48	106	28	89	14	104
Other Financing Activities, net	-25	-92	-25	-82	-42	-147	-65	-66	-59	-125	-42
Effect of Exchange Rate Changes	-27	36	-7.97	-13	-18	9.32	-6.90	3.04	3.34	-9.68	18

This table presents Synopsys' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024
Total Assets	4,775	5,046	5,240	5,396	6,146	6,405	8,030	8,752	9,418	10,333	13,074
Total Current Assets	1,505	1,469	1,717	1,683	1,544	1,739	2,549	2,808	3,013	3,431	6,470
Cash & Equivalents	986	836	977	1,048	723	729	1,236	1,433	1,418	1,434	3,897
Short-Term Investments	0.00	129	141	-	-	-	0.00	148	148	152	154
Accounts Receivable	327	386	439	451	554	554	781	569	796	857	934
Inventories, net	-	-	-	62	122	142	192	229	212	326	362
Prepaid Expenses	54	71	105	73	68	290	308	430	439	548	1,123
Plant, Property, & Equipment, net	249	263	257	266	309	430	484	472	483	550	563
Total Noncurrent Assets	3,022	3,314	3,266	3,448	4,293	4,237	4,997	5,472	5,922	6,353	6,041
Goodwill	2,256	2,471	2,518	2,707	3,143	3,171	3,365	3,576	3,842	3,346	3,449
Intangible Assets	365	364	267	254	360	279	254	279	386	240	195
Noncurrent Deferred & Refundable Income Taxes	208	274	282	244	404	390	498	613	671	854	1,247
Other Noncurrent Operating Assets	193	205	200	243	385	396	880	1,004	1,023	1,005	1,150
Total Liabilities & Shareholders' Equity	4,775	5,046	5,240	5,396	6,146	6,405	8,030	8,752	9,418	10,333	13,074
Total Liabilities	1,719	1,912	2,045	2,117	2,661	2,316	3,118	3,453	3,859	4,149	4,050
Total Current Liabilities	1,387	1,578	1,715	1,614	2,102	1,752	2,140	2,413	2,774	2,985	2,650
Short-Term Debt	30	205	205	9.92	344	18	27	75	-	-	0.00
Accounts Payable	397	386	401	500	578	506	624	741	809	1,060	1,164
Current Deferred Revenue	928	968	1,086	1,065	1,153	1,212	1,388	1,518	1,911	1,559	1,392
Other Current Liabilities	-	-	-	-	-	0.00	73	80	54	80	95
Total Noncurrent Liabilities	333	333	330	503	559	564	978	1,040	1,084	1,163	1,400
Long-Term Debt	45	-	0.00	134	126	120	101	25	21	18	16
Capital Lease Obligations	-	-	-	-	-	-	-	-	-	-	574
Noncurrent Deferred Revenue	129	131	119	116	167	120	130	136	154	151	341
Other Noncurrent Operating Liabilities	159	202	211	252	266	324	747	878	909	961	470
Redeemable Noncontrolling Interest	-	-	-	-	-	-	-	0.00	39	31	30
Total Equity & Noncontrolling Interests	3,056	3,134	3,195	3,280	3,485	4,089	4,912	5,299	5,521	6,153	8,993
Total Preferred & Common Equity	3,056	3,134	3,195	3,276	3,479	4,083	4,907	5,295	5,516	6,147	8,991
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	3,056	3,134	3,195	3,276	3,479	4,083	4,907	5,295	5,516	6,147	8,991
Common Stock	1,616	1,612	1,646	1,624	1,646	1,637	1,655	1,578	1,489	1,278	1,213
Retained Earnings	1,552	1,726	1,948	2,144	2,544	3,164	3,795	4,550	5,534	6,742	8,984
Treasury Stock	-49	-98	-294	-426	-598	-626	-489	-783	-1,273	-1,676	-1,026
Accumulated Other Comprehensive Income / (Loss)	-62	-105	-105	-66	-113	-92	-54	-50	-234	-196	-180
Noncontrolling Interest	-	-	0.00	4.10	5.86	5.86	4.96	3.81	4.80	5.95	2.50

This table presents Synopsys' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Total Assets	9,418	9,566	9,791	9,923	10,333	10,558	11,012	11,649	13,074	13,041	23,757
Total Current Assets	3,013	3,028	3,161	3,268	3,431	3,408	4,653	5,128	6,470	6,324	16,879
Cash & Equivalents	1,418	1,155	1,545	1,686	1,434	1,119	1,503	1,840	3,897	3,654	14,119
Short-Term Investments	148	147	151	148	152	154	157	154	154	155	145
Accounts Receivable	796	1,035	780	667	857	1,064	835	805	934	893	1,002
Inventories, net	212	221	256	283	326	383	378	386	362	415	395
Prepaid Expenses	439	470	429	484	548	688	760	915	1,123	1,206	1,218
Plant, Property, & Equipment, net	483	517	546	536	550	567	567	571	563	546	572
Total Noncurrent Assets	5,922	6,020	6,083	6,119	6,353	6,583	5,792	5,950	6,041	6,171	6,306
Goodwill	3,842	3,865	3,888	3,888	3,346	4,131	3,427	3,444	3,449	3,433	3,461
Intangible Assets	386	361	357	337	240	377	277	266	195	181	173
Noncurrent Deferred & Refundable Income Taxes	671	719	774	814	854	954	1,005	1,103	1,247	1,393	1,509
Other Noncurrent Operating Assets	1,023	1,075	1,064	1,081	1,005	1,120	1,083	1,136	1,150	1,164	1,162
Total Liabilities & Shareholders' Equity	9,418	9,566	9,791	9,923	10,333	10,558	11,012	11,649	13,074	13,041	23,757
Total Liabilities	3,859	3,887	3,918	3,923	4,149	3,852	3,823	3,903	4,050	3,736	13,841
Total Current Liabilities	2,774	2,725	2,749	2,730	2,985	2,645	2,508	2,535	2,650	2,359	2,406
Short-Term Debt	-	-	-	-	-	-	-	-	-	-	23
Accounts Payable	809	664	702	905	1,060	699	636	757	1,164	939	904
Current Deferred Revenue	1,911	1,995	1,969	1,744	1,559	1,856	1,457	1,357	1,392	1,321	1,375
Other Current Liabilities	54	66	78	80	80	89	85	90	95	99	104
Total Noncurrent Liabilities	1,084	1,162	1,169	1,193	1,163	1,207	1,315	1,368	1,400	1,378	11,435
Long-Term Debt	21	21	20	18	18	17	17	16	16	14	10,028
Capital Lease Obligations	-	-	-	-	-	-	-	-	-	-	587
Noncurrent Deferred Revenue	154	173	191	195	151	190	308	319	341	316	331
Other Noncurrent Operating Liabilities	909	969	958	980	961	1,000	990	1,034	1,044	1,047	489
Redeemable Noncontrolling Interest	39	36	36	36	31	31	31	31	30	0.00	0.00
Total Equity & Noncontrolling Interests	5,521	5,643	5,837	5,964	6,153	6,676	7,158	7,714	8,993	9,305	9,916
Total Preferred & Common Equity	5,516	5,637	5,832	5,959	6,147	6,671	7,153	7,709	8,991	9,305	9,916
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5,516	5,637	5,832	5,959	6,147	6,671	7,153	7,709	8,991	9,305	9,916
Common Stock	1,489	1,294	1,332	1,259	1,278	1,185	1,184	1,194	1,213	1,129	1,221
Retained Earnings	5,534	5,806	6,075	6,390	6,742	7,189	7,478	7,884	8,984	9,279	9,624
Treasury Stock	-1,273	-1,321	-1,429	-1,543	-1,676	-1,539	-1,322	-1,188	-1,026	-861	-689
Accumulated Other Comprehensive Income / (Loss)	-234	-142	-146	-147	-196	-163	-188	-180	-180	-242	-240
Noncontrolling Interest	4.80	5.95	5.09	5.45	5.95	4.59	4.64	4.98	2.50	0.11	-0.11

This table displays calculated financial ratios and metrics derived from Synopsys' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.85%	8.98%	8.04%	12.48%	14.54%	7.68%	9.66%	14.08%	9.79%	15.22%	15.22%
EBITDA Growth	0.41%	6.12%	8.74%	6.70%	0.04%	41.41%	12.27%	18.10%	30.82%	16.36%	17.21%
EBIT Growth	-1.28%	3.48%	17.02%	16.25%	-5.10%	50.05%	16.98%	26.22%	36.99%	18.31%	15.96%
NOPAT Growth	6.88%	-9.73%	20.21%	-51.79%	245.91%	18.46%	26.99%	7.02%	45.46%	18.10%	6.85%
Net Income Growth	4.57%	-12.81%	18.10%	-48.82%	216.72%	23.09%	24.62%	14.00%	29.36%	24.50%	83.55%
EPS Growth	3.80%	-12.80%	20.98%	-49.13%	220.45%	22.34%	23.77%	12.65%	30.77%	25.91%	83.21%
Operating Cash Flow Growth	10.92%	-10.13%	18.47%	7.82%	-32.90%	88.62%	23.83%	50.57%	16.50%	-2.05%	-17.39%
Free Cash Flow Firm Growth	-111.46%	60.63%	2,442.96%	-90.99%	-1,461.98%	156.38%	40.33%	100.05%	19.37%	59.40%	-85.17%
Invested Capital Growth	14.68%	10.66%	-3.84%	4.05%	36.03%	8.26%	8.77%	0.36%	5.14%	-2.53%	27.49%
Revenue Q/Q Growth	1.69%	2.19%	1.96%	2.36%	3.26%	1.69%	4.97%	3.11%	-6.75%	1.05%	-5.64%
EBITDA Q/Q Growth	2.09%	-0.20%	3.62%	2.38%	-5.61%	11.95%	7.20%	0.99%	0.58%	14.12%	-1.34%
EBIT Q/Q Growth	1.14%	-2.16%	8.86%	4.69%	-11.59%	17.03%	10.37%	0.94%	0.09%	17.24%	-5.33%
NOPAT Q/Q Growth	3.75%	-3.21%	9.16%	-59.35%	676.85%	-16.37%	7.27%	-1.12%	-5.17%	20.78%	-8.90%
Net Income Q/Q Growth	2.19%	-5.32%	9.40%	-58.53%	644.33%	-14.95%	5.71%	0.61%	-4.82%	19.05%	50.39%
EPS Q/Q Growth	1.86%	-4.67%	9.49%	-58.49%	605.00%	-15.44%	6.22%	0.00%	-4.41%	18.92%	50.83%
Operating Cash Flow Q/Q Growth	-3.24%	-3.97%	-0.80%	5.88%	-10.89%	12.72%	-1.89%	12.72%	1.34%	-3.81%	20.23%
Free Cash Flow Firm Q/Q Growth	-518.57%	-108.82%	124.86%	-44.60%	1.24%	-6.09%	7.98%	4.33%	24.58%	36.85%	-62.08%
Invested Capital Q/Q Growth	-1.38%	6.56%	-1.11%	-7.09%	6.14%	3.04%	3.31%	2.31%	-3.09%	-6.47%	-1.62%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	77.79%	76.86%	77.59%	75.99%	76.42%	77.60%	78.44%	79.50%	80.54%	80.62%	79.68%
EBITDA Margin	22.60%	22.01%	22.15%	21.01%	18.35%	24.10%	24.67%	25.54%	30.44%	30.74%	31.27%
Operating Margin	12.09%	11.88%	13.10%	12.76%	11.54%	15.48%	16.83%	17.48%	24.89%	23.94%	22.13%
EBIT Margin	13.23%	12.56%	13.60%	14.06%	11.65%	16.23%	17.32%	19.16%	23.91%	24.55%	24.71%
Profit (Net Income) Margin	12.59%	10.08%	11.01%	5.01%	13.86%	15.84%	18.00%	17.99%	21.20%	22.91%	36.49%
Tax Burden Percent	95.22%	80.23%	80.97%	35.65%	118.97%	97.59%	103.96%	93.90%	88.67%	93.31%	147.69%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	4.78%	19.77%	19.03%	64.35%	-18.97%	2.41%	-3.96%	6.10%	12.63%	6.91%	6.59%
Return on Invested Capital (ROIC)	11.79%	9.46%	11.04%	5.32%	15.29%	15.09%	17.66%	18.10%	25.63%	29.90%	28.45%
ROIC Less NNEP Spread (ROIC-NNEP)	9.35%	8.01%	9.86%	3.93%	14.61%	9.25%	15.45%	12.97%	27.29%	28.18%	-2.29%
Return on Net Nonoperating Assets (RNNOA)	-2.93%	-2.16%	-2.61%	-1.10%	-2.50%	-1.03%	-2.92%	-3.29%	-7.60%	-9.16%	0.95%
Return on Equity (ROE)	8.87%	7.30%	8.43%	4.22%	12.79%	14.06%	14.74%	14.81%	18.02%	20.75%	29.40%
Cash Return on Invested Capital (CROIC)	-1.88%	-0.66%	14.95%	1.35%	-15.24%	7.16%	9.26%	17.74%	20.62%	32.47%	4.29%
Operating Return on Assets (OROA)	5.96%	5.73%	6.41%	7.20%	6.30%	8.69%	8.84%	9.60%	12.15%	13.22%	12.94%
Return on Assets (ROA)	5.67%	4.60%	5.19%	2.57%	7.49%	8.48%	9.19%	9.01%	10.77%	12.33%	19.10%
Return on Common Equity (ROCE)	8.87%	7.30%	8.43%	4.22%	12.77%	14.04%	14.72%	14.80%	17.94%	20.60%	29.27%
Return on Equity Simple (ROE_SIMPLE)	8.48%	7.21%	8.35%	4.17%	12.43%	13.04%	13.52%	14.28%	17.74%	19.82%	24.87%
Net Operating Profit after Tax (NOPAT)	237	214	257	124	429	508	645	690	1,004	1,185	1,266
NOPAT Margin	11.51%	9.53%	10.61%	4.55%	13.73%	15.11%	17.49%	16.41%	21.74%	22.29%	20.67%
Net Nonoperating Expense Percent (NNEP)	2.44%	1.45%	1.18%	1.39%	0.68%	5.84%	2.21%	5.13%	-1.66%	1.72%	30.74%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	18.11%	19.21%	14.06%
Cost of Revenue to Revenue	22.21%	23.14%	22.41%	24.01%	23.58%	22.40%	21.56%	20.50%	19.46%	19.38%	20.32%
SG&A Expenses to Revenue	7.54%	7.36%	6.85%	7.22%	8.41%	6.82%	7.72%	7.68%	6.79%	7.08%	9.28%
R&D to Revenue	34.93%	34.62%	35.36%	33.35%	34.76%	33.83%	34.71%	35.79%	34.44%	34.79%	33.98%
Operating Expenses to Revenue	65.71%	64.97%	64.49%	63.24%	64.88%	62.12%	61.61%	62.02%	55.66%	56.67%	57.55%
Earnings before Interest and Taxes (EBIT)	272	282	330	383	364	546	638	806	1,103	1,305	1,514
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	465	493	537	573	573	810	909	1,074	1,405	1,635	1,916
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.09	2.49	2.81	3.97	3.82	5.00	6.61	9.60	8.11	11.61	8.78
Price to Tangible Book Value (P/TBV)	14.67	26.06	21.88	41.29	0.00	32.26	25.20	35.28	34.76	27.87	14.76
Price to Revenue (P/Rev)	3.10	3.48	3.71	4.77	4.26	6.07	8.81	12.09	9.69	13.43	12.88
Price to Earnings (P/E)	24.64	34.50	33.64	95.19	30.76	38.32	48.85	67.08	45.43	58.05	34.86
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.06%	2.90%	2.97%	1.05%	3.25%	2.61%	2.05%	1.49%	2.20%	1.72%	2.87%
Enterprise Value to Invested Capital (EV/IC)	2.55	2.96	3.53	5.09	4.04	5.67	8.24	12.92	10.77	17.85	15.01
Enterprise Value to Revenue (EV/Rev)	2.66	3.14	3.33	4.44	4.18	5.90	8.51	11.73	9.37	13.14	12.22
Enterprise Value to EBITDA (EV/EBITDA)	11.77	14.26	15.03	21.13	22.79	24.47	34.48	45.94	30.77	42.74	39.09
Enterprise Value to EBIT (EV/EBIT)	20.12	24.98	24.47	31.58	35.91	36.33	49.13	61.25	39.18	53.52	49.47
Enterprise Value to NOPAT (EV/NOPAT)	23.12	32.90	31.38	97.66	30.46	39.03	48.63	71.50	43.08	58.94	59.14
Enterprise Value to Operating Cash Flow (EV/OCF)	9.94	14.21	13.75	19.13	30.76	24.75	31.63	33.05	24.86	41.02	53.23
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	23.16	385.67	0.00	82.25	92.74	72.94	53.55	54.29	392.40
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.02	0.07	0.06	0.04	0.13	0.03	0.03	0.02	0.00	0.00	0.00
Long-Term Debt to Equity	0.01	0.00	0.00	0.04	0.04	0.03	0.02	0.00	0.00	0.00	0.00
Financial Leverage	-0.31	-0.27	-0.26	-0.28	-0.17	-0.11	-0.19	-0.25	-0.28	-0.33	-0.41
Leverage Ratio	1.56	1.59	1.63	1.64	1.71	1.66	1.60	1.64	1.67	1.68	1.54
Compound Leverage Factor	1.56	1.59	1.63	1.64	1.71	1.66	1.60	1.64	1.67	1.68	1.54
Debt to Total Capital	2.40%	6.14%	6.03%	4.21%	11.87%	3.26%	2.54%	1.85%	0.37%	0.29%	0.17%
Short-Term Debt to Total Capital	0.96%	6.14%	6.03%	0.29%	8.69%	0.42%	0.54%	1.39%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	1.44%	0.00%	0.00%	3.92%	3.17%	2.84%	2.00%	0.46%	0.37%	0.29%	0.17%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.12%	0.15%	0.14%	0.10%	0.07%	0.78%	0.60%	0.36%
Common Equity to Total Capital	97.60%	93.86%	93.97%	95.67%	87.98%	96.60%	97.36%	98.08%	98.85%	99.11%	99.47%
Debt to EBITDA	0.16	0.42	0.38	0.25	0.82	0.17	0.14	0.09	0.01	0.01	0.01
Net Debt to EBITDA	-1.96	-1.54	-1.70	-1.58	-0.44	-0.73	-1.22	-1.38	-1.10	-0.96	-2.11
Long-Term Debt to EBITDA	0.10	0.00	0.00	0.23	0.22	0.15	0.11	0.02	0.01	0.01	0.01
Debt to NOPAT	0.32	0.96	0.80	1.16	1.10	0.27	0.20	0.15	0.02	0.02	0.01
Net Debt to NOPAT	-3.85	-3.55	-3.55	-7.30	-0.59	-1.16	-1.72	-2.15	-1.54	-1.32	-3.19
Long-Term Debt to NOPAT	0.19	0.00	0.00	1.08	0.29	0.24	0.16	0.04	0.02	0.02	0.01
Altman Z-Score	3.33	3.53	3.82	5.00	4.17	6.78	7.69	10.39	8.69	12.22	13.85
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.06%	0.15%	0.15%	0.12%	0.09%	0.44%	0.69%	0.46%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.09	0.93	1.00	1.04	0.73	0.99	1.19	1.16	1.09	1.15	2.44
Quick Ratio	0.95	0.86	0.91	0.93	0.61	0.73	0.94	0.89	0.85	0.82	1.88
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-38	-15	348	31	-427	241	338	676	807	1,287	191
Operating Cash Flow to CapEx	515.33%	546.25%	825.78%	859.89%	423.28%	395.53%	624.40%	1,559.04%	1,250.27%	887.95%	1,142.43%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.45	0.46	0.47	0.51	0.54	0.54	0.51	0.50	0.51	0.54	0.52
Accounts Receivable Turnover	7.06	6.29	5.88	6.12	6.21	6.07	5.52	6.23	6.77	6.44	6.84
Inventory Turnover	0.00	0.00	0.00	0.00	7.99	5.71	4.76	4.09	4.07	3.84	3.62
Fixed Asset Turnover	9.21	8.76	9.32	10.42	10.85	9.10	8.07	8.79	9.66	10.29	11.01
Accounts Payable Turnover	1.21	1.33	1.38	1.45	1.37	1.39	1.41	1.26	1.16	1.10	1.12
Days Sales Outstanding (DSO)	51.69	57.99	62.12	59.61	58.79	60.18	66.09	58.57	53.95	56.72	53.35
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	45.70	63.97	76.67	89.23	89.61	95.16	100.75
Days Payable Outstanding (DPO)	301.70	275.25	264.52	251.44	267.38	262.93	259.53	289.04	315.12	330.94	325.86
Cash Conversion Cycle (CCC)	-250.01	-217.27	-202.41	-191.83	-162.89	-138.79	-116.77	-141.24	-171.55	-179.06	-171.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,145	2,374	2,283	2,375	3,231	3,498	3,805	3,818	4,014	3,913	4,988
Invested Capital Turnover	1.02	0.99	1.04	1.17	1.11	1.00	1.01	1.10	1.18	1.34	1.38
Increase / (Decrease) in Invested Capital	275	229	-91	93	856	267	307	14	196	-102	1,076
Enterprise Value (EV)	5,475	7,034	8,064	12,099	13,055	19,816	31,353	49,334	43,233	69,864	74,895
Market Capitalization	6,386	7,794	8,976	12,999	13,303	20,401	32,456	50,811	44,734	71,394	78,898
Book Value per Share	$19.61	$20.10	$21.11	$21.80	$23.41	$27.17	$32.34	$34.72	$36.07	$40.42	$58.53
Tangible Book Value per Share	$2.79	$1.92	$2.71	$2.10	($0.16)	$4.21	$8.49	$9.44	$8.42	$16.84	$34.81
Total Capital	3,131	3,339	3,400	3,424	3,954	4,227	5,040	5,399	5,580	6,202	9,039
Total Debt	75	205	205	144	469	138	128	100	21	18	16
Total Long-Term Debt	45	0.00	0.00	134	126	120	101	25	21	18	16
Net Debt	-911	-760	-912	-904	-254	-591	-1,108	-1,481	-1,545	-1,568	-4,035
Capital Expenditures (CapEx)	107	91	71	74	100	202	159	96	139	192	123
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-838	-869	-910	-970	-938	-725	-799	-1,111	-1,327	-1,140	-231
Debt-free Net Working Capital (DFNWC)	148	95	207	78	-215	4.08	436	470	238	445	3,820
Net Working Capital (NWC)	118	-110	1.99	68	-559	-14	409	395	238	445	3,820
Net Nonoperating Expense (NNE)	-22	-12	-9.84	-13	-3.95	-25	-19	-66	25	-33	-969
Net Nonoperating Obligations (NNO)	-911	-760	-912	-904	-254	-591	-1,108	-1,481	-1,545	-2,271	-4,035
Total Depreciation and Amortization (D&A)	193	212	207	189	209	264	271	268	301	329	402
Debt-free, Cash-free Net Working Capital to Revenue	-40.72%	-38.78%	-37.58%	-35.60%	-30.05%	-21.56%	-21.69%	-26.42%	-28.76%	-21.44%	-3.77%
Debt-free Net Working Capital to Revenue	7.19%	4.26%	8.54%	2.88%	-6.88%	0.12%	11.84%	11.18%	5.16%	8.37%	62.34%
Net Working Capital to Revenue	5.73%	-4.89%	0.08%	2.51%	-17.90%	-0.40%	11.11%	9.39%	5.16%	8.37%	62.34%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.67	$1.46	$1.76	$0.91	$2.90	$3.55	$4.40	$4.96	$6.44	$8.08	$14.78
Adjusted Weighted Average Basic Shares Outstanding	155.05M	154.96M	152.02M	150.46M	149.04M	149.87M	151.14M	152.70M	153.00M	152.15M	153.14M
Adjusted Diluted Earnings per Share	$1.64	$1.43	$1.73	$0.88	$2.82	$3.45	$4.27	$4.81	$6.29	$7.92	$14.51
Adjusted Weighted Average Diluted Shares Outstanding	157.71M	158.07M	154.72M	154.87M	153.39M	154.19M	155.71M	157.34M	156.49M	155.20M	155.94M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	153.10M	151.45M	150.10M	148.71M	149.52M	150.53M	153.03M	153.44M	152.42M	151.99M	154.58M
Normalized Net Operating Profit after Tax (NOPAT)	237	226	265	269	261	554	459	721	1,013	1,235	1,266
Normalized NOPAT Margin	11.51%	10.07%	10.93%	9.87%	8.37%	16.48%	12.46%	17.16%	21.96%	23.22%	20.67%
Pre Tax Income Margin	13.23%	12.56%	13.60%	14.06%	11.65%	16.23%	17.32%	19.16%	23.91%	24.55%	24.71%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	46.21%	123.93%	149.91%	292.91%	92.48%	61.83%	36.49%	104.19%	112.42%	98.98%	0.00%

This table displays calculated financial ratios and metrics derived from Synopsys' official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-28.98%	7.17%	-1.29%	8.55%	63.67%	10.99%	15.20%	12.65%	11.81%	-3.68%	10.28%
EBITDA Growth	3.03%	-12.40%	-7.59%	30.83%	77.28%	51.97%	13.49%	16.56%	-6.06%	-32.97%	34.45%
EBIT Growth	0.50%	-14.67%	-12.71%	37.74%	101.98%	63.83%	15.15%	20.41%	-21.99%	-36.36%	40.71%
NOPAT Growth	-27.22%	-25.90%	-14.56%	40.98%	156.61%	36.04%	7.12%	26.74%	-33.13%	-23.19%	15.18%
Net Income Growth	-24.65%	-14.27%	-8.15%	51.63%	128.62%	66.11%	7.09%	21.57%	216.20%	-33.35%	19.38%
EPS Growth	-22.83%	-12.06%	-6.88%	51.75%	128.57%	65.14%	6.82%	20.28%	218.30%	-34.60%	17.55%
Operating Cash Flow Growth	6.19%	-26.32%	-6.27%	27.25%	-17.14%	-176.50%	-32.20%	-18.61%	72.61%	23.16%	-42.22%
Free Cash Flow Firm Growth	-131.54%	-104.88%	-109.71%	237.65%	917.75%	-8,224.84%	-2,437.24%	-287.77%	-281.35%	127.54%	-197.10%
Invested Capital Growth	5.14%	6.15%	7.24%	0.99%	-2.53%	23.94%	15.69%	21.20%	27.49%	1.09%	29.52%
Revenue Q/Q Growth	-34.41%	6.00%	-7.24%	7.26%	-1.10%	12.80%	-11.79%	4.88%	-1.84%	-2.83%	10.24%
EBITDA Q/Q Growth	-11.66%	22.79%	6.07%	8.97%	19.70%	9.84%	-21.89%	11.91%	-3.52%	-21.63%	61.52%
EBIT Q/Q Growth	-15.35%	31.63%	6.22%	9.77%	24.12%	13.20%	-26.57%	14.78%	-19.58%	-7.65%	68.50%
NOPAT Q/Q Growth	-35.64%	58.54%	9.16%	14.03%	17.15%	-6.71%	-16.55%	34.92%	-38.19%	7.15%	28.88%
Net Income Q/Q Growth	-31.00%	77.24%	0.49%	23.38%	4.04%	28.78%	-35.21%	40.06%	170.59%	-72.85%	16.04%
EPS Q/Q Growth	-31.47%	78.57%	0.57%	23.30%	3.23%	29.02%	-34.95%	38.83%	173.18%	-73.49%	16.93%
Operating Cash Flow Q/Q Growth	-10.50%	-70.84%	512.58%	-20.40%	-41.73%	-126.92%	642.88%	-4.44%	23.58%	-111.99%	508.22%
Free Cash Flow Firm Q/Q Growth	70.79%	78.94%	-69.53%	1,916.17%	73.53%	-255.81%	47.60%	-34.41%	-67.60%	123.66%	-657.42%
Invested Capital Q/Q Growth	-3.09%	9.54%	-4.54%	-0.34%	-6.47%	39.29%	-10.89%	4.41%	-1.62%	10.45%	14.16%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	85.70%	79.11%	80.34%	80.77%	82.25%	81.52%	79.35%	80.95%	78.30%	81.45%	80.16%
EBITDA Margin	33.89%	26.10%	29.85%	30.33%	36.71%	35.74%	29.41%	31.38%	30.84%	24.87%	36.44%
Operating Margin	24.93%	18.80%	23.15%	22.16%	31.72%	23.34%	22.83%	23.61%	20.28%	17.30%	23.46%
EBIT Margin	24.44%	20.51%	23.49%	24.04%	30.17%	30.28%	23.48%	25.69%	21.05%	20.00%	30.58%
Profit (Net Income) Margin	18.52%	19.73%	21.38%	24.59%	25.87%	29.53%	19.87%	26.54%	73.15%	20.44%	21.51%
Tax Burden Percent	75.75%	96.20%	91.02%	102.30%	85.75%	97.54%	84.65%	103.29%	347.56%	102.16%	87.11%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	80.77%
Effective Tax Rate	31.43%	3.80%	8.07%	-2.14%	15.49%	5.01%	13.30%	-7.83%	20.97%	-2.16%	11.91%
Return on Invested Capital (ROIC)	20.15%	21.91%	27.06%	28.61%	35.96%	24.62%	27.64%	35.73%	22.07%	19.59%	23.07%
ROIC Less NNEP Spread (ROIC-NNEP)	19.38%	20.14%	26.99%	27.01%	36.62%	15.85%	27.58%	35.00%	-5.06%	18.00%	22.62%
Return on Net Nonoperating Assets (RNNOA)	-5.40%	-4.60%	-7.92%	-7.71%	-11.90%	-3.25%	-8.46%	-11.44%	2.10%	-5.68%	-7.88%
Return on Equity (ROE)	14.75%	17.31%	19.13%	20.90%	24.06%	21.37%	19.18%	24.29%	24.17%	13.91%	15.19%
Cash Return on Invested Capital (CROIC)	20.62%	15.97%	14.97%	22.59%	32.47%	4.52%	14.34%	10.88%	4.29%	20.61%	-3.61%
Operating Return on Assets (OROA)	12.42%	11.49%	12.75%	13.14%	16.24%	16.45%	14.27%	15.47%	11.02%	10.29%	10.94%
Return on Assets (ROA)	9.41%	11.05%	11.60%	13.44%	13.93%	16.05%	12.08%	15.98%	38.30%	10.52%	7.70%
Return on Common Equity (ROCE)	14.68%	17.24%	18.99%	20.74%	23.90%	21.24%	19.06%	24.16%	24.06%	13.88%	15.16%
Return on Equity Simple (ROE_SIMPLE)	0.00%	16.56%	15.60%	17.17%	0.00%	20.92%	19.78%	19.28%	0.00%	22.43%	21.61%
Net Operating Profit after Tax (NOPAT)	140	246	269	306	359	335	288	388	240	257	332
NOPAT Margin	17.10%	18.09%	21.28%	22.63%	26.80%	22.17%	19.79%	25.46%	16.03%	17.68%	20.67%
Net Nonoperating Expense Percent (NNEP)	0.77%	1.77%	0.07%	1.60%	-0.66%	8.77%	0.06%	0.73%	27.13%	1.59%	0.45%
Return On Investment Capital (ROIC_SIMPLE)	2.53%	-	-	-	5.82%	5.01%	-	-	2.67%	2.76%	1.61%
Cost of Revenue to Revenue	14.30%	20.89%	19.66%	19.23%	17.75%	18.48%	20.65%	19.05%	21.70%	18.55%	19.84%
SG&A Expenses to Revenue	8.20%	7.15%	6.71%	7.36%	7.08%	8.69%	7.89%	9.86%	11.01%	11.48%	8.51%
R&D to Revenue	45.34%	34.18%	36.47%	35.77%	32.82%	34.78%	33.90%	33.35%	35.27%	38.01%	34.53%
Operating Expenses to Revenue	60.77%	60.31%	57.19%	58.62%	50.53%	58.19%	56.52%	57.34%	58.01%	64.14%	56.69%
Earnings before Interest and Taxes (EBIT)	200	279	297	326	404	457	342	392	315	291	491
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	277	355	377	411	492	540	428	479	462	362	585
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	8.11	9.57	9.70	11.54	11.61	12.16	11.32	11.10	8.78	8.73	7.16
Price to Tangible Book Value (P/TBV)	34.76	38.22	35.65	39.65	27.87	37.52	23.47	21.39	14.76	14.27	11.30
Price to Revenue (P/Rev)	9.69	10.42	10.97	13.06	13.43	14.84	12.80	13.17	12.88	13.38	11.41
Price to Earnings (P/E)	45.43	57.21	61.43	66.47	58.05	57.63	56.73	57.09	34.86	38.50	32.81
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.20%	1.75%	1.63%	1.50%	1.72%	1.74%	1.76%	1.75%	2.87%	2.60%	3.05%
Enterprise Value to Invested Capital (EV/IC)	10.77	11.98	13.08	16.01	17.85	14.66	16.34	16.49	15.01	14.05	10.71
Enterprise Value to Revenue (EV/Rev)	9.37	10.18	10.65	12.73	13.14	14.61	12.55	12.87	12.22	12.75	10.83
Enterprise Value to EBITDA (EV/EBITDA)	30.77	38.55	41.12	46.75	42.74	43.91	42.33	43.04	39.09	44.55	35.67
Enterprise Value to EBIT (EV/EBIT)	39.18	49.35	53.62	60.14	53.52	53.85	51.76	52.28	49.47	57.46	45.22
Enterprise Value to NOPAT (EV/NOPAT)	43.08	56.24	61.67	68.24	58.94	62.65	60.65	60.14	59.14	65.11	54.65
Enterprise Value to Operating Cash Flow (EV/OCF)	24.86	31.03	33.27	37.82	41.02	53.24	62.25	71.44	53.23	54.25	54.93
Enterprise Value to Free Cash Flow (EV/FCFF)	53.55	77.25	90.46	71.22	54.29	358.98	122.18	166.11	392.40	68.55	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.07
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.07
Financial Leverage	-0.28	-0.23	-0.29	-0.29	-0.33	-0.20	-0.31	-0.33	-0.41	-0.32	-0.35
Leverage Ratio	1.67	1.67	1.65	1.65	1.68	1.62	1.59	1.57	1.54	1.47	2.03
Compound Leverage Factor	1.67	1.67	1.65	1.65	1.68	1.62	1.59	1.57	1.54	1.47	1.64
Debt to Total Capital	0.37%	0.36%	0.34%	0.30%	0.29%	0.25%	0.24%	0.20%	0.17%	0.15%	51.76%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.11%
Long-Term Debt to Total Capital	0.37%	0.36%	0.34%	0.30%	0.29%	0.25%	0.24%	0.20%	0.17%	0.15%	51.65%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.78%	0.74%	0.70%	0.69%	0.60%	0.53%	0.50%	0.46%	0.36%	0.00%	0.00%
Common Equity to Total Capital	98.85%	98.90%	98.96%	99.01%	99.11%	99.22%	99.27%	99.33%	99.47%	99.85%	48.24%
Debt to EBITDA	0.01	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	5.63
Net Debt to EBITDA	-1.10	-0.94	-1.25	-1.27	-0.96	-0.69	-0.88	-1.02	-2.11	-2.18	-1.92
Long-Term Debt to EBITDA	0.01	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	5.62
Debt to NOPAT	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	8.63
Net Debt to NOPAT	-1.54	-1.37	-1.88	-1.85	-1.32	-0.99	-1.26	-1.42	-3.19	-3.19	-2.94
Long-Term Debt to NOPAT	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	8.61
Altman Z-Score	8.37	9.85	10.21	12.12	11.93	14.34	14.56	15.03	13.55	14.94	4.70
Noncontrolling Interest Sharing Ratio	0.44%	0.41%	0.76%	0.76%	0.69%	0.63%	0.59%	0.56%	0.46%	0.22%	0.21%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.09	1.11	1.15	1.20	1.15	1.29	1.86	2.02	2.44	2.68	7.02
Quick Ratio	0.85	0.86	0.90	0.92	0.82	0.88	0.99	1.10	1.88	1.99	6.34
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-56	-8.62	-15	265	461	-718	-371	-498	-835	198	-1,102
Operating Cash Flow to CapEx	1,088.59%	260.06%	1,449.63%	1,213.48%	614.07%	-217.35%	1,242.03%	1,138.27%	12,823.38%	-165.68%	495.37%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-11.68
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.92
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.33
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.51	0.56	0.54	0.55	0.54	0.54	0.61	0.60	0.52	0.51	0.36
Accounts Receivable Turnover	6.77	4.99	6.86	7.80	6.44	5.21	7.83	8.82	6.84	6.21	6.77
Inventory Turnover	4.07	5.03	4.62	4.28	3.84	3.40	4.16	4.04	3.62	3.10	3.24
Fixed Asset Turnover	9.66	10.40	9.93	10.29	10.29	10.09	11.36	11.73	11.01	10.91	10.93
Accounts Payable Turnover	1.16	1.81	1.65	1.31	1.10	1.51	1.97	1.62	1.12	1.51	1.63
Days Sales Outstanding (DSO)	53.95	73.18	53.19	46.79	56.72	70.08	46.61	41.36	53.35	58.82	53.89
Days Inventory Outstanding (DIO)	89.61	72.56	78.94	85.25	95.16	107.40	87.75	90.45	100.75	117.81	112.53
Days Payable Outstanding (DPO)	315.12	201.44	220.72	278.49	330.94	242.53	185.07	224.84	325.86	241.87	224.04
Cash Conversion Cycle (CCC)	-171.55	-55.71	-88.59	-146.45	-179.06	-65.06	-50.70	-93.02	-171.77	-65.24	-57.62
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,014	4,397	4,198	4,183	3,913	5,450	4,856	5,070	4,988	5,510	6,290
Invested Capital Turnover	1.18	1.21	1.27	1.26	1.34	1.11	1.40	1.40	1.38	1.11	1.12
Increase / (Decrease) in Invested Capital	196	255	283	41	-102	1,053	659	887	1,076	60	1,433
Enterprise Value (EV)	43,233	52,678	54,918	66,971	69,864	79,893	79,331	83,601	74,895	77,433	67,346
Market Capitalization	44,734	53,918	56,553	68,746	71,394	81,114	80,938	85,544	78,898	81,228	70,972
Book Value per Share	$36.07	$36.98	$38.29	$39.16	$40.42	$43.80	$46.89	$50.32	$58.53	$60.19	$64.13
Tangible Book Value per Share	$8.42	$9.26	$10.42	$11.40	$16.84	$14.20	$22.61	$26.10	$34.81	$36.81	$40.62
Total Capital	5,580	5,699	5,893	6,018	6,202	6,724	7,206	7,761	9,039	9,319	20,554
Total Debt	21	21	20	18	18	17	17	16	16	14	10,638
Total Long-Term Debt	21	21	20	18	18	17	17	16	16	14	10,615
Net Debt	-1,545	-1,281	-1,675	-1,816	-1,568	-1,256	-1,643	-1,979	-4,035	-3,795	-3,626
Capital Expenditures (CapEx)	36	44	48	46	53	40	38	40	4.39	41	56
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,327	-999	-1,283	-1,296	-1,140	-510	485	599	-231	156	232
Debt-free Net Working Capital (DFNWC)	238	303	412	538	445	763	2,145	2,593	3,820	3,965	14,496
Net Working Capital (NWC)	238	303	412	538	445	763	2,145	2,593	3,820	3,965	14,473
Net Nonoperating Expense (NNE)	-12	-22	-1.18	-27	13	-111	-1.20	-16	-856	-40	-14
Net Nonoperating Obligations (NNO)	-1,545	-1,281	-1,675	-1,816	-2,271	-1,256	-2,332	-2,675	-4,035	-3,795	-3,626
Total Depreciation and Amortization (D&A)	77	76	80	85	88	83	86	87	147	71	94
Debt-free, Cash-free Net Working Capital to Revenue	-28.76%	-19.30%	-24.89%	-24.63%	-21.44%	-9.33%	7.67%	9.22%	-3.77%	2.56%	3.73%
Debt-free Net Working Capital to Revenue	5.16%	5.87%	8.00%	10.23%	8.37%	13.96%	33.92%	39.93%	62.34%	65.30%	233.00%
Net Working Capital to Revenue	5.16%	5.87%	8.00%	10.23%	8.37%	13.96%	33.92%	39.93%	62.34%	65.30%	232.63%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.00	$1.78	$1.79	$2.21	$2.30	$2.95	$1.91	$2.66	$7.26	$1.91	$2.23
Adjusted Weighted Average Basic Shares Outstanding	153.00M	152.40M	152.19M	152.02M	152.15M	152.31M	152.97M	153.42M	153.14M	154.41M	154.93M
Adjusted Diluted Earnings per Share	$0.98	$1.75	$1.76	$2.17	$2.24	$2.89	$1.88	$2.61	$7.13	$1.89	$2.21
Adjusted Weighted Average Diluted Shares Outstanding	156.49M	155.08M	154.73M	154.95M	155.20M	155.33M	155.77M	156.13M	155.94M	156.19M	156.09M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	152.42M	152.30M	304.32M	304.17M	151.99M	152.54M	153.22M	153.61M	154.58M	154.62M	155.16M
Normalized Net Operating Profit after Tax (NOPAT)	139	286	264	225	356	335	288	252	240	176	332
Normalized NOPAT Margin	17.03%	20.97%	20.88%	16.64%	26.55%	22.17%	19.79%	16.53%	16.03%	12.11%	20.67%
Pre Tax Income Margin	24.44%	20.51%	23.49%	24.04%	30.17%	30.28%	23.48%	25.69%	21.05%	20.00%	24.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.20
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.52
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.61
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.93
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	112.42%	123.78%	132.53%	122.02%	98.98%	0.00%	42.41%	20.18%	0.00%	0.00%	0.00%

Key Financial Trends

Synopsys (NASDAQ: SNPS) has exhibited strong financial performance over the last four years, with key improvements in revenues, profitability, and cash flows alongside notable changes in balance sheet strength. Here are the main highlights and trends retail investors should consider:

Revenue Growth: Operating revenue increased steadily from approximately $818 million in Q4 2022 to $1.60 billion in Q2 2025. This consistent revenue growth reflects expanding business operations and successful market penetration.
Profitability Improvement: Net income has shown a remarkable increase, with consolidated net income rising from $151.6 million in Q4 2022 to $345.1 million in Q2 2025. Quarterly profits have generally trended up, indicating effective cost management and growing margins.
Strong Gross Margins: Gross profits increased in line with revenues and remain high, often above $1 billion per quarter in recent periods, which suggests that Synopsys maintains effective pricing power and operational efficiency.
Robust Operating Income: Operating income has consistently grown, peaking at $376 million in Q2 2025, largely driven by sustained investment in R&D while controlling other operating expenses.
Increasing Cash Balances: Cash and equivalents jumped from about $1.42 billion in Q4 2022 to $14.12 billion in Q2 2025, greatly improving liquidity and financial flexibility.
Healthy Cash Flow from Operations: Operating cash flow improved notably from negative $87.8 million in Q1 2025 (a temporary dip) to a strong positive $275 million in Q2 2025, signaling operational strength recovering after short-term variances.
Capital Expenditure Investments: Investments in property, plant & equipment have been steady, supporting growth and infrastructure but balanced with free cash flow generation. For example, around $40-55 million per quarter recently.
Debt Levels: Long-term debt increased significantly from roughly $20 million in early 2023 to over $10 billion by Q2 2025. Although this may be linked to strategic acquisitions or share repurchases, it warrants monitoring for leverage risks.
Equity Fluctuations: Total common equity has increased, reflecting retained earnings growth and share issuances. However, treasury stock also grew, which could indicate ongoing share repurchase programs affecting equity structure.
Research & Development Spend Rising: R&D expenses increased from around $371 million in Q4 2022 to over $550 million in Q2 2025, supporting innovation but also recognizing higher costs which could impact near-term margins.

Summary: Synopsys shows significant top-line and profit growth with excellent liquidity and operational cash flow in recent quarters, underpinned by strong gross and operating margins. The sharp increase in long-term debt is notable and should be watched, possibly reflecting acquisition or capital strategies. Continued investment in R&D and infrastructure indicates the company is positioning for long-term competitive strength. Overall, investors may view Synopsys as financially healthy with growth momentum, balanced by some financial leverage considerations.

08/18/25 12:58 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Synopsys' Financials

When does Synopsys' financial year end?

According to the most recent income statement we have on file, Synopsys' fiscal year ends in October. Their fiscal year 2024 ended on October 31, 2024.

How has Synopsys' net income changed over the last 10 years?

Synopsys' net income appears to be on an upward trend, with a most recent value of $2.24 billion in 2024, rising from $259.12 million in 2014. The previous period was $1.22 billion in 2023. See where experts think Synopsys is headed by visiting Synopsys' forecast page.

What is Synopsys' operating income?

Synopsys' total operating income in 2024 was $1.36 billion, based on the following breakdown:

Total Gross Profit: $4.88 billion
Total Operating Expenses: $3.53 billion

How has Synopsys' revenue changed over the last 10 years?

Over the last 10 years, Synopsys' total revenue changed from $2.06 billion in 2014 to $6.13 billion in 2024, a change of 197.8%.

How much debt does Synopsys have?

Synopsys' total liabilities were at $4.05 billion at the end of 2024, a 2.4% decrease from 2023, and a 135.6% increase since 2014.

How much cash does Synopsys have?

In the past 10 years, Synopsys' cash and equivalents has ranged from $723.12 million in 2018 to $3.90 billion in 2024, and is currently $3.90 billion as of their latest financial filing in 2024.

How has Synopsys' book value per share changed over the last 10 years?

Over the last 10 years, Synopsys' book value per share changed from 19.61 in 2014 to 58.53 in 2024, a change of 198.4%.

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This page (NASDAQ:SNPS) was last updated on 8/18/2025 by MarketBeat.com Staff

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