AppLovin Corporation (APP)

NASDAQ: APP · Real-Time Price · USD

262.19

-10.09 (-3.71%)

At close: Oct 14, 2026, 4:00 PM EDT

258.67

-3.52 (-1.34%)

Pre-market: Oct 15, 2026, 8:20 AM EDT

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	Oct '26 Oct 14, 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	87,742	227,721	108,675	13,382	3,914	35,274
Market Cap Growth	-56.04%	109.54%	712.12%	241.90%	-88.90%	-
Enterprise Value	88,204	229,850	111,617	16,236	6,256	36,059
Last Close Price	262.19	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	Oct '26 Oct 14, 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	20.16	68.32	68.91	37.75	-	1112.64
Forward PE	14.55	50.39	58.54	28.37	41.87	57.55
PS Ratio	12.85	41.55	33.71	7.27	1.39	12.63
PB Ratio	27.79	106.68	99.72	10.65	2.06	16.50
P/TBV Ratio	68.08	1150.27	-	-	-	-
P/FCF Ratio	19.38	56.71	51.77	12.61	9.50	97.86
P/OCF Ratio	19.38	56.71	51.77	12.61	9.48	97.48
PEG Ratio	0.44	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	Oct '26 Oct 14, 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	12.92	41.94	34.62	8.82	2.22	12.91
EV/EBITDA Ratio	16.29	53.77	54.90	18.24	11.93	60.33
EV/EBIT Ratio	16.68	55.36	58.41	21.02	-	216.34
EV/FCF Ratio	19.48	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	Oct '26 Oct 14, 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	Oct '26 Oct 14, 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	5.03%	1.46%	1.45%	2.67%	-4.92%	0.10%
FCF Yield	5.16%	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