Appfolio (APPF) EV to CFO (2016 - 2026)
Appfolio's (APPF) EV to CFO came in at 23.97 for Q3 2026, down 47.2% from 45.36 a year earlier but up 19.9% from the prior quarter.
Appfolio (APPF) EV to CFO (2016 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to CFO at Appfolio was 21.76, down 48.8% year-over-year; for FY2025, it came in at 33.57, down 27.1% from FY2024.
- Annual EV to CFO has declined for three consecutive years.
- In prior years, Appfolio's EV to CFO was 46.06 in FY2024 (-53.4%), 98.88 in FY2023 (-28.9%), 139.14 in FY2022 (+21.2%) and 114.82 in FY2021 (-7.6%).
- Quarterly EV to CFO has run from a low of 19.98 in Q2 2026 to a high of 412.99 in Q2 2023 over five years.
- On a year-over-year basis, EV to CFO has declined in each of the last four quarters, with an average decline of 36.8% over the last eight quarters.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q2 2023, with growth of 279.6%; the weakest was Q2 2024, with a decline of 87.2%.
- According to Business Quant data, EV to CFO for the three prior quarters was 19.98 (Q2 2026), 23.04 (Q1 2026) and 33.57 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 49.39 Bn | 21.63 Bn | 695.95 Mn |
| 3 | Samsara | 23.96 Bn | 20.73 Bn | 392.58 Mn |
| 4 | Ptc | 22.37 Bn | 21.18 Bn | 490.47 Mn |
| 5 | Toast | 20.05 Bn | 12.69 Bn | 543.00 Mn |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn |
| 7 | Bentley Systems | 13.89 Bn | 13.37 Bn | 349.55 Mn |
| 8 | Trimble | 12.57 Bn | 11.65 Bn | 659.10 Mn |
| 9 | Costar | 12.28 Bn | 7.66 Bn | 741.00 Mn |
| 10 | Appfolio | 8.17 Bn | 7.24 Bn | 190.11 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.97 |
| Jun 30, 2026 | 19.98 |
| Mar 31, 2026 | 23.04 |
| Dec 31, 2025 | 33.57 |
| Sep 30, 2025 | 45.36 |
| Jun 30, 2025 | 43.92 |
| Mar 31, 2025 | 42.31 |
| Dec 31, 2024 | 46.06 |
| Sep 30, 2024 | 44.95 |
| Jun 30, 2024 | 53.05 |
| Mar 31, 2024 | 85.19 |
| Dec 31, 2023 | 98.88 |
| Sep 30, 2023 | 179.83 |
| Jun 30, 2023 | 412.99 |
| Mar 31, 2023 | 145.40 |
| Dec 31, 2022 | 139.14 |
| Sep 30, 2022 | 125.12 |
| Jun 30, 2022 | 108.80 |
| Mar 31, 2022 | 101.53 |
| Dec 31, 2021 | 114.82 |
Appfolio EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=APPF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "APPF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=APPF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();