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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

AppLovin (APP) Debt Ratio (2020 - 2025)

AppLovin (APP) has disclosed Debt Ratio for 6 consecutive years, with 0.48 as the latest value for Q4 2025.

  • On a quarterly basis, Debt Ratio fell 19.06% to 0.48 in Q4 2025 year-over-year; TTM through Dec 2025 was 0.48, a 19.06% decrease, with the full-year FY2025 number at 0.48, down 19.06% from a year prior.
  • Debt Ratio was 0.48 for Q4 2025 at AppLovin, down from 0.55 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.82 in Q1 2021 to a low of 0.38 in Q2 2021.
  • A 5-year average of 0.57 and a median of 0.57 in 2023 define the central range for Debt Ratio.
  • Biggest YoY gain for Debt Ratio was 44.72% in 2022; the steepest drop was 36.41% in 2022.
  • AppLovin's Debt Ratio stood at 0.52 in 2021, then increased by 4.88% to 0.55 in 2022, then rose by 6.03% to 0.58 in 2023, then grew by 2.66% to 0.6 in 2024, then decreased by 19.06% to 0.48 in 2025.
  • Per Business Quant, the three most recent readings for APP's Debt Ratio are 0.48 (Q4 2025), 0.55 (Q3 2025), and 0.59 (Q2 2025).