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) Price to free cash flow

As of 25 September 2026, AppLovin Corporation (APP) trades at a price to free cash flow of 23.5×. Over the past ten years it has ranged from 0.0× (June 2024) to 114× (November 2021); the current reading is higher than 36% of that period. That is above the Advertising Agencies industry median of 8.3× and above the Communication Services sector median of 9.8×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 58.8× 9.19%
FY2024 53.9× —
FY2023 0.0× —
FY2022 8.8× (89.32%)
FY2022 82.3× 0.13%
FY2021 82.2× 33.70%
FY2021 61.5× 0.00%
FY2020 61.5× 0.00%
FY2020 61.5× 0.00%
FY2019 61.5× 0.00%

Quarterly

Period Price to free cash flow Change
Jun 2026 39.0× 26.03%
Mar 2026 30.9× (47.40%)
Dec 2025 58.8× (20.58%)
Sep 2025 74.1× 73.79%
23 more quarters

Against its own ten years

Low 0.0× High 114×
Ten-year median 37.7×
Current reading's percentile 36

Price to free cash flow against peers

Company Price to free cash flow
WPP WPP PLC compare n/m
CCO Clear Channel Outdoor Holdings, Inc. compare n/m
ZD Ziff Davis, Inc. compare 6.5×
TTD The Trade Desk compare 6.8×
OMC Omnicom Group Inc. compare 8.9×
DV DoubleVerify Holdings, Inc. compare 12.9×
STGW Stagwell Inc. compare 13.5×
MGNI Magnite, Inc. compare 17.1×
APP AppLovin Corporation 23.5×
Advertising Agencies industry median 8.3×
Communication Services sector median 9.8×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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