AppLovin (APP) Return on Capital Employed (2021 - 2026)
AppLovin (APP) posted quarterly Return on Capital Employed of 79.34% for Q1 2026, up 2483.0% year-over-year from 3.07% in Q1 2025, and up 4.48% quarter-over-quarter from 75.94% in Q4 2025.
AppLovin (APP) Return on Capital Employed (2021 - 2026) Analysis & Trends
AppLovin (APP) has reported Return on Capital Employed for 6 consecutive years, with 79.34% the latest figure, recorded in Q1 2026.
- In Q1 2026, Return on Capital Employed rose 2483.0% year-over-year to 79.34%; the TTM figure through Mar 2026 stood at 79.34% (up 2483.0% YoY), while the FY2025 annual figure was 79.38%, up 3744.0% from the prior year.
- Return on Capital Employed climbed to 79.34% in Q1 2026 per APP's latest filing, from 75.94% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 79.34% in Q1 2026 and bottomed at 0.91% in Q4 2022.
- Historically, Return on Capital Employed has averaged 29.64% across 5 years, with a median of 23.11% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed slumped 409 bps — and 2025, when it jumped 3491 bps.
- AppLovin's Return on Capital Employed stood at 0.91% in 2022, then surged by 2101 bps to 18.23% in 2023, then jumped by 125 bps to 41.03% in 2024, then surged by 85 bps to 75.94% in 2025, then grew by 4 bps to 79.34% in 2026.
- Business Quant data shows APP's Return on Capital Employed at 79.34% in Q1 2026, 75.94% in Q4 2025, and 69.02% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 103.70 Bn | 100.65 Bn | 1.70 Bn | 78.53% |
| 2 | Omnicom | 24.37 Bn | 21.03 Bn | 1.30 Bn | 4.52% |
| 3 | Trade Desk | 6.27 Bn | 4.78 Bn | 530.72 Mn | 19.84% |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.35 Bn | 3.02 Bn | 130.79 Mn | 9.02% |
| 6 | Stagwell | 2.09 Bn | 1.98 Bn | 269.24 Mn | 5.06% |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 8.22% |
| 8 | Ziff Davis | 2.02 Bn | 410.50 Mn | 241.03 Mn | 2.66% |
| 9 | Clear Channel Outdoor Holdings | 1.22 Bn | 1.02 Bn | 241.86 Mn | 10.13% |
| 10 | Quinstreet | 1.17 Bn | 1.06 Bn | 41.34 Mn | 5.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78.53% |
| Mar 31, 2026 | 79.34% |
| Dec 31, 2025 | 75.94% |
| Sep 30, 2025 | 69.02% |
| Jun 30, 2025 | 62.46% |
| Mar 31, 2025 | 54.51% |
| Dec 31, 2024 | 41.03% |
| Sep 30, 2024 | 36.10% |
| Jun 30, 2024 | 28.75% |
| Mar 31, 2024 | 23.11% |
| Dec 31, 2023 | 18.23% |
| Sep 30, 2023 | 8.03% |
| Jun 30, 2023 | 4.29% |
| Mar 31, 2023 | 2.68% |
| Dec 31, 2022 | -0.91% |
| Sep 30, 2022 | 0.62% |
| Jun 30, 2022 | 0.54% |
| Mar 31, 2022 | 0.20% |
| Dec 31, 2021 | 3.17% |
| Sep 30, 2021 | 2.16% |