AppLovin Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 9, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	155,588	108,675	13,382	3,914	35,274	-
Market Cap Growth	27.68%	712.12%	241.90%	-88.90%	-	-
Enterprise Value	157,433	111,617	16,236	6,256	36,059	-
Last Close Price	460.38	323.83	39.85	10.53	94.26	-
PE Ratio	57.67	68.91	37.70	-	1112.64	-
Forward PE	34.43	58.54	28.37	41.87	57.55	-
PS Ratio	24.75	23.08	4.08	1.39	12.63	-
PB Ratio	105.74	99.72	10.65	2.06	16.50	-
P/FCF Ratio	45.79	51.89	12.66	9.50	97.86	-
P/OCF Ratio	45.72	51.77	12.61	9.48	97.48	-
PEG Ratio	0.71	2.34	1.42	0.80	2.88	-
EV/Sales Ratio	24.96	23.70	4.95	2.22	12.91	-
EV/EBITDA Ratio	40.22	48.19	14.42	11.93	60.33	-
EV/EBIT Ratio	45.39	59.55	25.01	-	216.34	-
EV/FCF Ratio	46.33	53.30	15.36	15.18	100.04	-
Debt / Equity Ratio	2.38	3.41	2.53	1.76	1.57	-10.79
Debt / EBITDA Ratio	0.89	1.59	2.77	6.13	5.22	5.48
Debt / FCF Ratio	1.03	1.77	3.01	8.14	9.33	7.77
Asset Turnover	1.07	0.84	0.59	0.47	0.67	0.86
Quick Ratio	3.05	2.04	1.54	3.09	3.18	1.03
Current Ratio	3.25	2.19	1.71	3.35	5.05	1.11
Return on Equity (ROE)	241.89%	134.67%	22.58%	-9.55%	3.57%	-
Return on Assets (ROA)	36.79%	20.87%	7.24%	-0.20%	2.50%	1.08%
Return on Invested Capital (ROIC)	92.99%	46.90%	15.02%	-0.48%	4.88%	3.23%
Return on Capital Employed (ROCE)	65.80%	39.00%	14.70%	-0.40%	3.00%	1.90%
Earnings Yield	1.82%	1.45%	2.67%	-4.92%	0.10%	-
FCF Yield	2.18%	1.93%	7.90%	10.53%	1.02%	-
Buyback Yield / Dilution	1.15%	4.08%	2.42%	-8.40%	-59.47%	-1.21%

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q