AppLovin (APP) Debt Ratio (2020 - 2026)
AppLovin (APP) reported Debt Ratio of 0.46 for Q1 2026, down 29.87% year-over-year from 0.65 in Q1 2025, and down 5.79% quarter-over-quarter from 0.48 in Q4 2025.
AppLovin (APP) Debt Ratio (2020 - 2026) Analysis & Trends
AppLovin (APP) has 7 years of Debt Ratio data on file, last reported at 0.46 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.46, down 29.87% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.46 (down 29.87% YoY), and the FY2025 annual result was 0.48, down 19.06% from the prior year.
- Debt Ratio eased to 0.46 in Q1 2026 per APP's latest filing, from 0.48 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.67 in Q1 2024 and troughed at 0.46 in Q1 2026.
- A 5-year average of 0.58 and a median of 0.58 in 2023 frame the typical range for Debt Ratio.
- On a YoY basis, Debt Ratio climbed as much as 44.72% in 2022 and fell as far as 36.41% in 2022.
- A 5-year view of Debt Ratio shows it stood at 0.55 in 2022, then advanced by 6.03% to 0.58 in 2023, then climbed by 2.66% to 0.6 in 2024, then retreated by 19.06% to 0.48 in 2025, then slipped by 5.79% to 0.46 in 2026.
- Business Quant data shows APP's Debt Ratio at 0.46 in Q1 2026, 0.48 in Q4 2025, and 0.55 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 0.46 |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | 0.20 |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | - |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | 0.21 |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | - |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | 0.12 |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | 0.26 |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | - |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | 0.34 |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 1.02 Bn | 193.76 Mn | 1.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | 0.48 |
| Sep 30, 2025 | 0.55 |
| Jun 30, 2025 | 0.59 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.60 |
| Sep 30, 2024 | 0.64 |
| Jun 30, 2024 | 0.67 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.58 |
| Sep 30, 2023 | 0.62 |
| Jun 30, 2023 | 0.58 |
| Mar 31, 2023 | 0.54 |
| Dec 31, 2022 | 0.55 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.52 |
| Dec 31, 2021 | 0.52 |
| Sep 30, 2021 | 0.38 |
| Jun 30, 2021 | 0.38 |