AppLovin Ratios (2020-2025) | APP

Ratios Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
Gross Margin 50.55%54.79%57.29%58.65%56.03%60.31%60.76%60.47%53.61%60.85%57.79%47.41%63.38%65.53%69.33%71.30%72.20%82.88%85.52%67.82%81.72%87.68%87.56%
EBT Margin 2.89%-7.49%-24.73%-5.18%-2.28%2.15%2.35%3.61%-25.26%2.24%0.23%-9.42%-0.47%12.77%12.64%18.77%25.32%44.71%56.00%20.07%41.67%70.23%72.66%
EBIT Margin 9.66%-2.26%-19.77%-0.97%1.90%5.23%6.20%7.38%-20.46%6.87%6.91%-3.19%8.53%17.51%21.56%28.27%32.09%54.07%63.97%23.78%44.71%76.08%76.80%
EBITDA Margin 9.66%-2.26%-19.77%-0.97%1.90%5.23%6.20%7.38%-20.46%6.87%6.91%-3.19%8.53%17.51%21.56%28.27%32.09%54.07%63.97%23.78%44.71%76.08%76.80%
Operating Margin 9.66%-2.26%-19.77%-0.97%1.90%5.23%6.20%7.38%-20.46%6.87%6.91%-3.19%8.53%17.51%21.56%28.27%32.09%54.07%63.97%23.78%44.71%76.08%76.80%
Net Margin 1.15%-7.15%-23.49%-3.68%-1.74%2.00%0.02%3.57%-18.44%-2.80%3.32%-11.32%-0.63%10.67%12.48%17.99%22.19%43.58%52.00%24.09%38.83%3.79%
FCF Margin 17.48%12.89%9.38%19.57%10.22%13.32%16.95%10.90%-5.34%13.64%24.20%23.79%40.05%30.33%22.79%36.32%37.12%63.93%65.94%28.21%56.04%61.35%74.97%
Efficiency
Assets Average 2,388.00M3,610.49M4,583.67M5,365.67M6,165.39M6,049.01M5,868.11M5,826.62M5,881.84M5,698.98M5,243.67M5,182.21M5,310.85M5,265.99M5,355.98M5,655.87M5,787.98M5,833.10M6,151.27M
Equity Average -144.26M933.73M2,023.25M2,093.57M2,075.19M1,959.73M1,894.54M1,892.29M1,900.63M1,707.99M1,306.60M1,176.06M1,008.27M787.52M876.52M1,014.01M832.62M871.27M1,320.52M
Invested Capital -250.96M-143.34M-111.67M2,015.75M2,067.37M5,365.73M2,041.86M1,940.48M1,915.21M5,114.40M1,931.89M1,550.71M1,310.79M4,377.23M795.77M850.40M973.77M4,598.80M775.42M1,167.13M1,473.92M
Asset Utilization Ratio 0.750.600.550.520.460.480.500.480.490.510.580.630.680.680.660.900.951.041.08
Leverage & Solvency
Interest Coverage Ratio 1.35-0.36-3.75-0.240.331.842.401.93-4.001.461.01-0.410.822.582.373.774.585.177.136.2212.5418.6320.98
Debt to Equity -10.09-16.590.880.851.511.601.691.711.691.692.112.852.484.644.323.743.226.453.012.38
Debt Ratio 0.740.820.380.380.520.520.540.550.550.540.580.620.580.670.670.640.600.650.590.55
Equity Ratio -0.07-0.050.430.450.350.330.320.320.330.320.280.220.230.140.150.170.190.100.200.23
Times Interest Earned 1.35-0.36-3.75-0.240.331.842.401.93-4.001.461.01-0.410.822.582.373.774.585.177.136.2212.5418.6320.98
Valuation
Enterprise Value -420.72M-316.93M-760.82M-1183.55M-1049.46M-1520.30M-1413.10M-951.45M-943.51M-1080.48M-1245.89M-876.23M-332.49M-502.15M-436.34M-460.45M-567.60M-697.03M-551.02M-1192.61M-1666.90M
Return Ratios
Return on Sales 0.02%-0.07%-0.24%-0.04%-0.02%0.02%0.00%0.04%-0.18%-0.03%0.03%-0.11%-0.01%0.11%0.13%0.18%0.22%0.01%0.00%0.24%0.39%0.04%0.18%
Return on Capital Employed -0.04%-0.01%0.02%0.03%0.00%0.01%0.01%-0.01%0.03%0.04%0.08%0.15%0.20%0.26%0.33%0.40%0.50%0.58%0.65%
Return on Invested Capital 0.53%-0.03%0.07%0.03%0.00%0.02%0.01%-0.01%0.07%0.09%0.19%0.21%0.33%1.34%1.55%0.67%0.81%2.71%2.28%
Return on Assets -0.06%-0.03%0.00%0.01%-0.01%-0.02%-0.01%-0.03%-0.01%0.00%0.02%0.07%0.11%0.10%0.08%0.15%0.20%0.21%0.20%
Return on Equity 0.98%-0.11%-0.01%0.02%-0.03%-0.05%-0.04%-0.10%-0.04%0.01%0.08%0.30%0.59%0.67%0.48%0.82%1.41%1.39%0.92%