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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

AppLovin (APP) Return on Invested Capital (2020 - 2025)

AppLovin (APP) has disclosed Return on Invested Capital for 6 consecutive years, with 0.97% as the latest value for Q4 2025.

  • Quarterly Return on Invested Capital rose 30.0% to 0.97% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.97% through Dec 2025, up 30.0% year-over-year, with the annual reading at 0.7% for FY2025, 28.0% up from the prior year.
  • Return on Invested Capital for Q4 2025 was 0.97% at AppLovin, down from 2.29% in the prior quarter.
  • The five-year high for Return on Invested Capital was 2.72% in Q2 2025, with the low at 0.03% in Q2 2021.
  • Average Return on Invested Capital over 5 years is 0.61%, with a median of 0.22% recorded in 2023.
  • The sharpest move saw Return on Invested Capital plummeted -53bps in 2022, then soared 147bps in 2024.
  • Over 5 years, Return on Invested Capital stood at 0.03% in 2021, then tumbled by -142bps to 0.01% in 2022, then surged by 2039bps to 0.25% in 2023, then skyrocketed by 169bps to 0.67% in 2024, then soared by 45bps to 0.97% in 2025.
  • According to Business Quant data, Return on Invested Capital over the past three periods came in at 0.97%, 2.29%, and 2.72% for Q4 2025, Q3 2025, and Q2 2025 respectively.