Appfolio (APPF) EV to FCF (2016 - 2026)
Appfolio's (APPF) EV to FCF stood at 20.20 in Q2 2026, down 54.3% from 44.17 a year earlier and down 13.5% from the prior quarter.
Appfolio (APPF) EV to FCF (2016 - 2026) Analysis & Trends
On a TTM basis, Appfolio's EV to FCF came in at 17.96 as of Jun 30, 2026, down 54.8% year-over-year; for FY2025, it came in at 34.01, down 26.9% from FY2024.
- Annual EV to FCF has declined for three straight years.
- Across earlier years, EV to FCF came in at 46.55 in FY2024 (-60.0%), 116.32 in FY2023 (-38.0%), 187.48 in FY2022 (+25.9%) and 148.91 in FY2021 (-27.4%).
- The Q2 2026 figure is the lowest quarterly EV to FCF in data going back to Q4 2016.
- On a year-over-year basis, EV to FCF has declined for 11 consecutive quarters, with an average decline of 42.8% over the last eight quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 218.4% in Q2 2023, against a decline of 89.8% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 23.35 (Q1 2026), 34.01 (Q4 2025) and 45.80 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Appfolio | 7.00 Bn | 6.18 Bn | 178.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.20 |
| Mar 31, 2026 | 23.35 |
| Dec 31, 2025 | 34.01 |
| Sep 30, 2025 | 45.80 |
| Jun 30, 2025 | 44.17 |
| Mar 31, 2025 | 42.51 |
| Dec 31, 2024 | 46.55 |
| Sep 30, 2024 | 46.19 |
| Jun 30, 2024 | 55.93 |
| Mar 31, 2024 | 94.14 |
| Dec 31, 2023 | 116.32 |
| Sep 30, 2023 | 220.81 |
| Jun 30, 2023 | 550.92 |
| Mar 31, 2023 | 179.20 |
| Dec 31, 2022 | 187.48 |
| Sep 30, 2022 | 182.58 |
| Jun 30, 2022 | 173.04 |
| Mar 31, 2022 | 133.47 |
| Dec 31, 2021 | 148.91 |
| Sep 30, 2021 | 183.06 |
Appfolio EV to FCF 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-fcf&ticker=APPF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=APPF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();