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	May '26 May 22, 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	161,815	227,962	110,116	13,382	3,914	35,274
Market Cap Growth	40.85%	107.02%	722.88%	241.90%	-88.90%	-
Enterprise Value	162,907	229,006	112,959	16,043	6,099	35,994
Last Close Price	481.68	673.82	323.83	39.85	10.53	94.26
PE Ratio	41.88	69.11	71.49	40.66	-	1047.33
Forward PE	27.74	50.39	58.54	28.37	41.87	57.55
PEG Ratio	0.75	0.94	2.34	1.42	0.80	2.88
PS Ratio	26.25	41.59	34.15	7.27	1.39	12.63
PB Ratio	68.54	106.79	101.04	10.65	2.06	16.50
P/TBV Ratio	69.38	107.95	103.35	11.50	2.06	15.11
P/FCF Ratio	36.45	57.41	52.46	12.61	9.50	97.86
P/OCF Ratio	36.45	57.41	52.46	12.61	9.48	97.48
EV/Sales Ratio	26.43	41.78	35.04	8.71	2.17	12.89
EV/EBITDA Ratio	33.44	52.69	47.87	12.72	12.22	61.94
EV/EBIT Ratio	34.32	55.16	59.11	20.77	-	239.93
EV/FCF Ratio	36.70	57.67	53.82	15.11	14.80	99.86
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)	176.20%	206.78%	134.67%	22.58%	-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)	117.37%	93.43%	44.41%	16.46%	-1.19%	4.77%
Return on Capital Employed (ROCE)	78.29%	77.33%	41.42%	15.95%	-0.89%	4.24%
Earnings Yield	2.45%	1.45%	1.40%	2.46%	-	0.10%
FCF Yield	2.74%	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%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q