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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 24, 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 Cap	131,682	227,962	110,116	13,382	3,914	35,274
Market Cap Growth	7.46%	107.02%	722.88%	241.90%	-88.90%	-
Enterprise Value	132,773	229,020	112,973	16,057	6,114	36,012
Last Close Price	391.98	673.82	323.83	39.85	10.53	94.26
PE Ratio	34.08	69.11	71.49	40.66	-	1047.33
Forward PE	22.59	50.39	58.54	28.37	41.87	57.55
PEG Ratio	0.61	0.94	2.34	1.42	0.80	2.88
PS Ratio	21.36	41.59	34.15	7.27	1.39	12.63
PB Ratio	55.77	106.79	101.04	10.65	2.06	16.50
P/TBV Ratio	283.07	1163.94	-	-	-	-
P/FCF Ratio	29.66	57.41	52.46	12.61	9.50	97.86
P/OCF Ratio	29.66	57.41	52.46	12.61	9.48	97.48
EV/Sales Ratio	21.54	41.79	35.04	8.72	2.17	12.89
EV/EBITDA Ratio	27.09	52.69	47.88	12.73	12.24	61.97
EV/EBIT Ratio	27.94	55.16	59.12	20.79	-	240.06
EV/FCF Ratio	29.91	57.67	53.82	15.13	14.83	99.91
Debt / Equity Ratio	1.49	1.65	3.25	2.52	1.72	1.54
Debt / EBITDA Ratio	0.72	0.82	1.51	2.52	6.57	5.69
Debt / FCF Ratio	0.79	0.89	1.69	2.99	7.96	9.18
Net Debt / Equity Ratio	0.32	0.50	2.62	2.13	1.16	0.35
Net Debt / EBITDA Ratio	0.15	0.24	1.21	2.12	4.41	1.27
Net Debt / FCF Ratio	0.17	0.27	1.36	2.52	5.34	2.05
Asset Turnover	0.82	0.83	0.57	0.33	0.47	0.67
Quick Ratio	3.16	3.23	1.87	1.54	3.08	4.82
Current Ratio	3.24	3.32	2.19	1.71	3.35	5.05
Return on Equity (ROE)	-2.12%	212.94%	135.50%	28.99%	-9.55%	3.57%
Return on Assets (ROA)	54.17%	54.93%	33.56%	12.58%	-0.75%	2.75%
Return on Invested Capital (ROIC)	128.46%	101.01%	47.83%	17.55%	-1.29%	5.17%
Return on Capital Employed (ROCE)	78.29%	77.33%	41.42%	15.95%	-0.89%	4.24%
Earnings Yield	3.01%	1.45%	1.40%	2.46%	-	0.10%
FCF Yield	3.37%	1.74%	1.91%	7.93%	10.53%	1.02%
Buyback Yield / Dilution	1.85%	1.68%	4.08%	2.42%	-8.40%	-59.47%
Total Shareholder Return	1.85%	1.68%	4.08%	2.42%	-8.40%	-59.47%

SEC Filings: 10-K · 10-Q