AppLovin Corporation APP

310.75 (1.72) (0.55%) as of 25 Sep
Market cap
$105.3B
P/E
23.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

AppLovin Corporation (APP) EV/Sales

As of 25 September 2026, AppLovin Corporation (APP) trades at a EV/Sales of 15.4×. Over the past ten years it has ranged from 2.0× (December 2022) to 65.3× (December 2024); the current reading is higher than 63% of that period. That is above the Advertising Agencies industry median of 1.1× and above the Communication Services sector median of 1.4×.

EV/Sales, daily

Annual

Period EV/Sales Change
FY2025 41.9× 20.59%
FY2024 34.7× 293.14%
FY2023 8.8× 304.90%
FY2022 2.2× (80.55%)
FY2022 11.2× 0.12%
FY2021 11.2× 26.46%
FY2021 8.9× 0.00%
FY2020 8.9× 0.00%
FY2020 8.9× 0.00%
FY2019 8.9× 0.00%

Quarterly

Period EV/Sales Change
Jun 2026 25.4× 15.92%
Mar 2026 21.9× (47.61%)
Dec 2025 41.9× (24.16%)
Sep 2025 55.2× 76.63%
23 more quarters

Against its own ten years

Low 2.0× High 65.3×
Ten-year median 12.7×
Current reading's percentile 63

EV/Sales against peers

Company EV/Sales
WPP WPP PLC compare 0.1×
ZD Ziff Davis, Inc. compare 0.9×
STGW Stagwell Inc. compare 1.1×
OMC Omnicom Group Inc. compare 1.2×
TTD The Trade Desk compare 1.6×
DV DoubleVerify Holdings, Inc. compare 2.4×
CCO Clear Channel Outdoor Holdings, Inc. compare 3.6×
MGNI Magnite, Inc. compare 4.6×
APP AppLovin Corporation 15.4×
Advertising Agencies industry median 1.1×
Communication Services sector median 1.4×
Market median 2.2×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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