AppLovin Corporation APP
310.75
(1.72)
(0.55%)
as of 25 Sep
- Market cap
- $105.3B
- P/E
- 23.8×
Follow APP
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years
AppLovin Corporation (APP) P/E ratio
As of 25 September 2026, AppLovin Corporation (APP) trades at a P/E ratio of 23.8×. Over the past ten years it has ranged from 0.0× (June 2023) to 1,341× (January 2022); the current reading is higher than 37% of that period. That is above the Advertising Agencies industry median of 19.9× and above the Communication Services sector median of 16.5×.
P/E ratio, daily
Annual
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 68.4× | (1.14%) |
| FY2024 | 69.2× | 85.56% |
| FY2023 | 37.3× | — |
| FY2022 | 0.0× | — |
| FY2022 | 1,341× | 0.13% |
| FY2021 | 1,339× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
Quarterly
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 39.4× | 16.08% |
| Mar 2026 | 34.0× | (50.36%) |
| Dec 2025 | 68.4× | (20.41%) |
| Sep 2025 | 85.9× | 76.28% |
| 23 more quarters | Free account |
Against its own ten years
Low 0.0×
High 1,341×
Ten-year median
40.8×
Current reading's percentile
37
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| CCO Clear Channel Outdoor Holdings, Inc. compare | n/m |
| ZD Ziff Davis, Inc. compare | 3.2× |
| TTD The Trade Desk compare | 14.8× |
| WPP WPP PLC compare | 19.3× |
| MGNI Magnite, Inc. compare | 20.5× |
| APP AppLovin Corporation | 23.8× |
| DV DoubleVerify Holdings, Inc. compare | 37.3× |
| OMC Omnicom Group Inc. compare | 63.8× |
| STGW Stagwell Inc. compare | 119× |
| Advertising Agencies industry median | 19.9× |
| Communication Services sector median | 16.5× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (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/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