Appfolio (APPF) EV to EBITDA (2016 - 2026)
Appfolio's EV to EBITDA was 28.61 in Q3 2026, down 51.0% from 58.43 a year earlier but up 12.8% from the prior quarter.
Appfolio (APPF) EV to EBITDA (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Appfolio's EV to EBITDA was 25.98 through Sep 30, 2026, down 52.5% year-over-year; for FY2025, it was 43.53, down 17.0% from FY2024.
- In earlier years, EV to EBITDA was 52.46 in FY2024 (-65.3%), 151.03 in FY2023 and 236.89 in FY2021 (+44.4%).
- Quarterly EV to EBITDA has moved between 25.35 (Q2 2026) and 421.13 (Q1 2022) over five years.
- Compared with a year earlier, EV to EBITDA has declined for four straight quarters, with an average decline of 36.0% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q1 2022 (growth of 155.6%); the worst was Q4 2024 (a decline of 73.6%).
- Per Business Quant data, APPF's EV to EBITDA in the three quarters before Q3 2026 was 25.35 (Q2 2026), 27.02 (Q1 2026) and 43.53 (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 | 28.61 |
| Jun 30, 2026 | 25.35 |
| Mar 31, 2026 | 27.02 |
| Dec 31, 2025 | 43.53 |
| Sep 30, 2025 | 58.43 |
| Jun 30, 2025 | 47.35 |
| Mar 31, 2025 | 46.78 |
| Dec 31, 2024 | 52.46 |
| Sep 30, 2024 | 47.90 |
| Jun 30, 2024 | 66.52 |
| Mar 31, 2024 | 94.81 |
| Dec 31, 2023 | 199.01 |
| Mar 31, 2022 | 421.13 |
| Dec 31, 2021 | 236.89 |
| Sep 30, 2021 | 188.16 |
| Jun 30, 2021 | 196.99 |
| Mar 31, 2021 | 164.78 |
| Dec 31, 2020 | 164.07 |
| Sep 30, 2020 | 123.84 |
| Jun 30, 2020 | 146.19 |
Appfolio EV to EBITDA 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-ebitda&ticker=APPF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=APPF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();