AppLovin (APP) Return on Capital Employed (2021 - 2026)
AppLovin's (APP) quarterly Return on Capital Employed came in at 79.34% in Q1 2026, up 2483.0% year-on-year from 3.07% in Q1 2025, and up 4.48% on a QoQ basis from 75.94% in Q4 2025.
AppLovin (APP) Return on Capital Employed (2021 - 2026) Analysis & Trends
AppLovin (APP) has 6 years of Return on Capital Employed data on file, last reported at 79.34% in Q1 2026.
- On a quarterly basis, Return on Capital Employed rose 2483.0% year-over-year to 79.34% in Q1 2026; TTM through Mar 2026 was 79.34%, a 2483.0% increase from a year earlier, with the FY2025 full-year figure at 79.38%, up 3744.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 79.34%, up from 75.94% in the prior quarter.
- Over the last five years, Return on Capital Employed for APP reached as high as 79.34% in Q1 2026 and fell as low as 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.
- Across the five-year window, Return on Capital Employed plunged 409 bps in 2022 and surged 3491 bps in 2025, its largest moves.
- Year by year, Return on Capital Employed stood at 0.91% in 2022, then jumped by 2101 bps to 18.23% in 2023, then soared by 125 bps to 41.03% in 2024, then jumped by 85 bps to 75.94% in 2025, then rose by 4 bps to 79.34% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 79.34% in Q1 2026, 75.94% in Q4 2025, and 69.02% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn | 79.34% |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | - |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | 2.38% |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | 19.70% |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | 7.44% |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | 5.66% |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | 5.45% |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | 7.22% |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | 9.56% |
| 10 | Criteo | 1.05 Bn | 737.13 Mn | 222.74 Mn | 13.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -1.13% |