AppLovin Corporation (APP)

AppLovin Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan 20, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	191,120	108,675	13,382	3,914	35,274	-
Market Cap Growth	66.63%	712.12%	241.90%	-88.90%	-	-
Enterprise Value	192,965	111,617	16,236	6,256	36,059	-
Last Close Price	565.52	323.83	39.85	10.53	94.26	-
PE Ratio	68.67	68.91	37.70	-	1112.64	-
Forward PE	42.29	58.54	28.37	41.87	57.55	-
PS Ratio	30.40	23.08	4.08	1.39	12.63	-
PB Ratio	129.89	99.72	10.65	2.06	16.50	-
P/FCF Ratio	56.25	51.89	12.66	9.50	97.86	-
P/OCF Ratio	56.17	51.77	12.61	9.48	97.48	-
PEG Ratio	0.87	2.34	1.42	0.80	2.88	-
EV/Sales Ratio	30.59	23.70	4.95	2.22	12.91	-
EV/EBITDA Ratio	49.30	48.19	14.42	11.93	60.33	-
EV/EBIT Ratio	55.64	59.55	25.01	-	216.34	-
EV/FCF Ratio	56.79	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	1.48%	1.45%	2.67%	-4.92%	0.10%	-
FCF Yield	1.78%	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