Applovin Corporation

Applovin Corporation

278.75
USD
+8.44
(+3.12%)
13.00EPS
36.43P/E
159.61BMarket Cap
Nov 04Next Earn

Total Valuation

USD

As of June 30, 2026, AppLovin Corp. Class A carries a market capitalization of 159.61B, placing it among publicly traded companies globally. Its enterprise value stands at 160.07B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap159.61B
Enterprise Value160.07B

Important Dates

AppLovin Corp. Class A's next confirmed earnings release is scheduled for November 4, 2026.

Earnings Date11/4/2026

Share Statistics

As of June 30, 2026, AppLovin Corp. Class A has 335.29M shares outstanding.

Shares Outstanding335.29M

Valuation Ratios

As of June 30, 2026, AppLovin Corp. Class A trades at a trailing price-to-earnings ratio of 36.43. The price-to-sales ratio is 23.52, and the price-to-book ratio stands at 50.46.

PE Ratio36.43
PS Ratio23.52
PB Ratio50.46
P/TBV Ratio123.85
P/FCF Ratio35.66
P/OCF Ratio35.48

Enterprise Valuation

As of June 30, 2026, AppLovin Corp. Class A trades at an EV/EBITDA multiple of 29.52 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 23.44 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 30.27 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. AppLovin Corp. Class A trades at an EV/FCF ratio of 34.05, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 160.07B versus a market cap of 159.61B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales23.44
EV / EBITDA29.52
EV / EBIT30.27
EV / FCF34.05

Financial Position

As of June 30, 2026, AppLovin Corp. Class A maintains a current ratio of 4.30, meaning it holds 4.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 111.13, indicating elevated leverage, while an interest coverage ratio of 26.45 demonstrates strong ability to service its debt obligations.

Current Ratio4.30
Quick Ratio4.17
Debt / Equity111.13
Debt / EBITDA0.65
Interest Coverage26.45

Financial Efficiency

USD

Over the twelve months ended June 30, 2026, AppLovin Corp. Class A posted a return on equity (ROE) of 203.69, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 78.82 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 61.99, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 80.72, useful for judging operating efficiency across full business cycles. The company generates approximately 6.42M in revenue per employee across its workforce of 1,064.25, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)203.69
Return on Assets (ROA)61.99
Return on Invested Capital (ROIC)78.82
Return on Capital Employed (ROCE)80.72
Revenue Per Employee6.42M
Employee Count1,064.25

Taxes

USD

Over the twelve months ended June 30, 2026, AppLovin Corp. Class A recorded 801.28M in income tax expense. That works out to an effective tax rate of 15.38, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 5.21B, leaving 4.41B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax801.28M
Effective Tax Rate15.38

Income Statement

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Over the twelve months ended June 30, 2026, AppLovin Corp. Class A generated 6.83B in revenue and converted that into 4.41B in net income, yielding earnings per share of 13.00. EBITDA reached 5.42B, while operating income came in at 5.29B.

Revenue6.83B
Gross Profit6.04B
Operating Income5.29B
Pretax Income5.21B
Net Income4.41B
EBITDA5.42B
EBIT5.29B
Earnings Per Share (EPS)13.00

Balance Sheet

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As of June 30, 2026, AppLovin Corp. Class A holds 3.05B in cash and equivalents against 3.52B in total debt, resulting in a net debt position of 461.77M. Total book value stands at 3.16B, with working capital of 4.14B providing operational flexibility.

Cash & Cash Equivalents3.05B
Total Debt3.52B
Net Debt461.77M
Equity (Book Value)3.16B
Book Value Per Share9.43
Working Capital4.14B

Cash Flow

USD

AppLovin Corp. Class A produced 4.53B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow4.53B
Free Cash Flow4.53B
FCF Per Share13.42

Margins

Over the twelve months ended June 30, 2026, AppLovin Corp. Class A posted a gross margin of 88.46, reflecting its pricing power and cost economics. The operating margin of 77.44 and net profit margin of 64.58 provide insight into operational efficiency.

Gross Margin88.46
Operating Margin77.44
Pretax Margin76.31
Profit Margin64.58
EBITDA Margin79.40

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 2.80, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 1.65, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to AppLovin Corp. Class A shareholders.

Shareholder Yield1.65
FCF Yield2.80

Scores

As of June 30, 2026, AppLovin Corp. Class A has an Altman Z-Score of 23.91, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score23.91