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.
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AppLovin Corporation (APP) Return on invested capital
AppLovin Corporation's return on invested capital over the twelve months to 30 June 2026 was 91.2%, up 9.1 percentage points from fiscal 2025 (82.1%). Over the past ten years it has ranged from −3.45% (fiscal 2020) to 82.1% (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 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 82.1% | 51.49 |
| FY2024 | 30.6% | 18.15 |
| FY2023 | 12.5% | 13.20 |
| FY2022 | −0.74% | (0.74) |
| FY2022 | 0.00% | (3.34) |
| FY2021 | 3.34% | 3.34 |
| FY2021 | 0.00% | 3.45 |
| FY2020 | −3.45% | (3.45) |
| FY2020 | 0.00% | (23.02) |
| FY2019 | 23.0% | 23.02 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| APP AppLovin Corporation | 91.2% |
| TTD The Trade Desk compare | 33.7% |
| QNST QuinStreet, Inc. compare | 8.36% |
| MGNI Magnite, Inc. compare | 7.62% |
| DV DoubleVerify Holdings, Inc. compare | 6.77% |
| ZD Ziff Davis, Inc. compare | 4.71% |
| STGW Stagwell Inc. compare | 4.28% |
| OMC Omnicom Group Inc. compare | 4.14% |
| WPP WPP PLC compare | 0.00% |
| Advertising Agencies industry median | 0.00% |
| Communication Services sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on APP
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement