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SNPS

Synopsys Inc.

$510.71

Earnings Summary

Revenue
$1649.23Mn
Net Profits
$449.11Mn
Net Profit Margins
27.23%
PE Ratio
59.92

Highlights

Revenue:

Synopsys Inc.’s revenue jumped 21.15% since last year same period to $1649.23Mn in the Q1 2024. On a quarterly growth basis, Synopsys Inc. has generated 3.13% jump in its revenue since last 3-months.

Net Profits:

Synopsys Inc.’s net profit jumped 65.4% since last year same period to $449.11Mn in the Q1 2024. On a quarterly growth basis, Synopsys Inc. has generated 28.62% jump in its net profits since last 3-months.

Net Profit Margins:

Synopsys Inc.’s net profit margin jumped 36.53% since last year same period to 27.23% in the Q1 2024. On a quarterly growth basis, Synopsys Inc. has generated 24.71% jump in its net profit margins since last 3-months.

PE Ratio:

Synopsys Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 59.92.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Synopsys Inc. post its latest quarter earnings

EPS Estimate Current Quarter
2.87
EPS Estimate Current Year
2.87

Highlights

EPS Estimate Current Quarter:

Synopsys Inc.’s earning per share (EPS) estimates for the current quarter stand at 2.87 - a -16.33% fall from last quarter’s estimates.

EPS Estimate Current Year:

Synopsys Inc.’s earning per share (EPS) estimates for the current year stand at 2.87.

Key Ratios

Key ratios of the Synopsys Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
3.56
Return on Assets (ROA)
0.09
Return on Equity (ROE)
0.23

Highlights

Earning Per Share (EPS):

Synopsys Inc.’s earning per share (EPS) jumped 35.88% since last year same period to 3.56 in the Q1 2024. This indicates that the Synopsys Inc. has generated 35.88% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Synopsys Inc.’s return on assets (ROA) stands at 0.09.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Synopsys Inc.’s return on equity (ROE) stands at 0.23.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-02-23
3.43
3.56
3.79%