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Saturday 17 October 2026 Export APP’s income statement to Excel — free account

AppLovin Corporation

APP Communication Services Advertising Agencies

In the quarter to June 2026, revenue grew 52.8%, EPS grew 55.8%, free cash flow grew 12.5% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; operating cash flow growth for five consecutive years.

266.13 13.16 −4.71%
Market cap
$93.5B
P/E
20.4×
Fwd P/E
34.6×
Dividend yield
—
F-score
8/9
Altman Z
30.21
Beneish M
−2.41
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

AppLovin Corporation (APP) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, AppLovin Corporation (APP) trades at a P/B ratio of 28.3×. Over the past ten years it has ranged from 0.0× (June 2021) to 247× (June 2025); the current reading is higher than 54% of that period. That is above the Advertising Agencies industry median of 1.2× and above the Communication Services sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 107× 6.82%
FY2024 100× 821.52%
FY2023 10.9× 418.47%
FY2022 2.1× (85.39%)
FY2022 14.3× 0.13%
FY2021 14.3× —
FY2021 0.0× —
FY2020 0.0× —
FY2020 0.0× —
FY2019 0.0× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 54.7× (3.73%)
Mar 2026 56.8× (46.87%)
Dec 2025 107× (35.20%)
Sep 2025 165× 62.49%
23 more quarters

Against its own ten years

Low 0.0× High 247×
Ten-year median 16.8×
Current reading's percentile 52

P/B ratio against peers

Company P/B ratio
WPP WPP PLC compare n/m
ZD Ziff Davis, Inc. compare 0.9×
DV DoubleVerify Holdings, Inc. compare 1.9×
OMC Omnicom Group Inc. compare 2.2×
TTD The Trade Desk compare 2.2×
QNST QuinStreet, Inc. compare 2.9×
STGW Stagwell Inc. compare 3.2×
MGNI Magnite, Inc. compare 3.6×
APP AppLovin Corporation 28.3×
Advertising Agencies industry median 1.2×
Communication Services sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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