AppLovin Corporation APP
- Market cap
- $105.3B
- P/E
- 23.8×
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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 | Free account |
Against its own ten years
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)
More on APP
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement