KPIs & Operating Metrics(New)
Growth Metrics

AppLovin (APP) Equity Ratio (2020 - 2025)

AppLovin (APP) has disclosed Equity Ratio for 6 consecutive years, with 0.29 as the latest value for Q4 2025.

  • On a quarterly basis, Equity Ratio rose 58.36% to 0.29 in Q4 2025 year-over-year; TTM through Dec 2025 was 0.29, a 58.36% increase, with the full-year FY2025 number at 0.29, up 58.36% from a year prior.
  • Equity Ratio was 0.29 for Q4 2025 at AppLovin, up from 0.23 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.45 in Q3 2021 to a low of 0.05 in Q1 2021.
  • A 5-year average of 0.25 and a median of 0.26 in 2023 define the central range for Equity Ratio.
  • Peak YoY movement for Equity Ratio: surged 758.07% in 2022, then crashed 54.99% in 2024.
  • AppLovin's Equity Ratio stood at 0.35 in 2021, then fell by 6.21% to 0.33 in 2022, then dropped by 27.95% to 0.23 in 2023, then dropped by 20.79% to 0.19 in 2024, then soared by 58.36% to 0.29 in 2025.
  • Per Business Quant, the three most recent readings for APP's Equity Ratio are 0.29 (Q4 2025), 0.23 (Q3 2025), and 0.2 (Q2 2025).