AppLovin Corporation (APP)

NASDAQ: APP · Real-Time Price · USD

245.51

+16.66 (7.28%)

At close: Nov 3, 2026, 4:00 PM EST

249.20

+3.69 (1.50%)

Pre-market: Nov 4, 2026, 9:17 AM EST

AppLovin Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	82,160	227,721	108,675	13,382	3,914	35,274
Market Cap Growth	-61.89%	109.54%	712.12%	241.90%	-88.90%	-
Enterprise Value	82,622	229,850	111,617	16,236	6,256	36,059
Last Close Price	245.51	673.82	323.83	39.85	10.53	94.26

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	18.88	68.32	68.91	37.75	-	1112.64
Forward PE	13.82	50.39	58.54	28.37	41.87	57.55
PS Ratio	12.03	41.55	33.71	7.27	1.39	12.63
PB Ratio	26.03	106.68	99.72	10.65	2.06	16.50
P/TBV Ratio	63.75	1150.27	-	-	-	-
P/FCF Ratio	18.15	56.71	51.77	12.61	9.50	97.86
P/OCF Ratio	18.15	56.71	51.77	12.61	9.48	97.48
PEG Ratio	0.45	0.94	2.34	1.42	0.80	2.88

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	12.10	41.94	34.62	8.82	2.22	12.91
EV/EBITDA Ratio	15.26	53.77	54.90	18.24	11.93	60.33
EV/EBIT Ratio	15.62	55.36	58.41	21.02	-	216.34
EV/FCF Ratio	18.25	57.24	53.18	15.30	15.18	100.04

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	1.11	1.72	3.26	2.53	1.76	1.57
Debt / EBITDA Ratio	0.65	0.85	1.73	3.49	6.13	5.22
Debt / FCF Ratio	0.78	0.91	1.69	2.99	8.14	9.33
Net Debt / Equity Ratio	0.15	0.55	2.62	2.13	1.19	0.86
Net Debt / EBITDA Ratio	0.09	0.28	1.41	3.01	4.33	3.08
Net Debt / FCF Ratio	0.10	0.29	1.36	2.52	5.51	5.11
Asset Turnover	0.96	0.84	0.57	0.33	0.47	0.67
Quick Ratio	4.17	3.23	1.87	1.54	3.09	3.18
Current Ratio	4.30	3.32	2.19	1.71	3.35	5.05
Return on Equity (ROE)	203.69%	212.94%	135.50%	28.98%	-9.55%	3.57%
Return on Assets (ROA)	46.46%	39.53%	21.27%	8.62%	-0.20%	2.50%
Return on Invested Capital (ROIC)	132.73%	99.31%	47.83%	17.40%	-0.48%	4.59%
Return on Capital Employed (ROCE)	75.40%	70.10%	39.70%	17.50%	-0.40%	3.00%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	5.30%	1.46%	1.45%	2.67%	-4.92%	0.10%
FCF Yield	5.51%	1.76%	1.93%	7.93%	10.53%	1.02%
Buyback Yield / Dilution	1.81%	1.68%	4.08%	2.42%	-8.40%	-59.47%

SEC Filings: 10-K · 10-Q