AppLovin Corporation APP
- Market cap
- $105.3B
- P/E
- 23.8×
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AppLovin Corporation (APP) Free cash flow margin
AppLovin Corporation's free cash flow margin over the twelve months to 30 June 2026 was 66.3%, down 5.6 percentage points from fiscal 2025 (71.9%). Over the past ten years it has ranged from −31.7% (fiscal 2022) to 71.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Advertising Agencies industry median of 0.00% and above the Communication Services sector median of 0.63%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 71.9% | 7.76 |
| FY2024 | 64.2% | 9.80 |
| FY2023 | 54.4% | 86.06 |
| FY2022 | −31.7% | (45.32) |
| FY2022 | 13.6% | 0.30 |
| FY2021 | 13.3% | 0.38 |
| FY2021 | 13.0% | (2.18) |
| FY2020 | 15.1% | (0.22) |
| FY2020 | 15.4% | (4.27) |
| FY2019 | 19.6% | (0.34) |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| APP AppLovin Corporation | 66.3% |
| TTD The Trade Desk compare | 28.9% |
| MGNI Magnite, Inc. compare | 27.0% |
| ZD Ziff Davis, Inc. compare | 22.0% |
| DV DoubleVerify Holdings, Inc. compare | 20.9% |
| OMC Omnicom Group Inc. compare | 10.7% |
| STGW Stagwell Inc. compare | 5.00% |
| WPP WPP PLC compare | 0.00% |
| CCO Clear Channel Outdoor Holdings, Inc. compare | −30.6% |
| Advertising Agencies industry median | 0.00% |
| Communication Services sector median | 0.63% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on APP
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- 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