AppLovin (APP) Debt Ratio (2020 - 2026)
AppLovin (APP) posted quarterly 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 reported Debt Ratio for 7 consecutive years, with 0.46 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio fell 29.87% year-over-year to 0.46; the TTM figure through Mar 2026 stood at 0.46 (down 29.87% YoY), while the FY2025 annual figure was 0.48, down 19.06% from the prior year.
- Debt Ratio retreated to 0.46 in Q1 2026 per APP's latest filing, from 0.48 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.67 in Q1 2024 and bottomed at 0.46 in Q1 2026.
- Historically, Debt Ratio has averaged 0.58 across 5 years, with a median of 0.58 in 2023.
- On a YoY basis, Debt Ratio climbed as much as 44.72% in 2022 and fell as far as 36.41% in 2022.
- AppLovin's Debt Ratio stood at 0.55 in 2022, then advanced by 13.34% to 0.62 in 2023, then retreated by 3.95% to 0.6 in 2024, then decreased by 19.06% to 0.48 in 2025, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 101.94 Bn | 98.89 Bn | 1.70 Bn | 0.43 |
| 2 | Omnicom | 24.59 Bn | 21.25 Bn | 1.30 Bn | 0.20 |
| 3 | Trade Desk | 6.23 Bn | 4.75 Bn | 530.72 Mn | - |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.37 Bn | 3.04 Bn | 130.79 Mn | 0.12 |
| 6 | Stagwell | 2.15 Bn | 2.04 Bn | 269.24 Mn | 0.35 |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | - |
| 8 | Ziff Davis | 2.03 Bn | 425.42 Mn | 241.03 Mn | 0.25 |
| 9 | Clear Channel Outdoor Holdings | 1.21 Bn | 1.02 Bn | 241.86 Mn | 1.36 |
| 10 | Quinstreet | 1.17 Bn | 1.07 Bn | 41.34 Mn | 0.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.43 |
| 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 | 0.62 |
| 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 |