AppLovin (1APP) Ratios
AppLovin Ratios
IT:1APP's free cash flow for Q2 2026 was $869.04M. For the 2026 fiscal year, IT:1APP's free cash flow was increased by $0.00 and operating cash flow was $869.04M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 3.32 | 2.19 | 1.71 | 3.35 | 5.05 |
| Quick Ratio | 3.32 | 2.19 | 1.71 | 3.35 | 5.05 |
| Cash Ratio | 1.86 | 0.70 | 0.53 | 1.87 | 2.38 |
| Solvency Ratio | 0.69 | 0.42 | 0.21 | 0.09 | 0.12 |
| Operating Cash Flow Ratio | 2.98 | 1.98 | 1.12 | 0.71 | 0.57 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.00 | 4.94 | 12.39 | 14.02 |
| Net Current Asset Value | $ -694.15M | $ -2.47B | $ -2.49B | $ -2.01B | $ -790.22M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.49 | 0.61 | 0.59 | 0.56 | 0.54 |
| Debt-to-Equity Ratio | 1.66 | 3.26 | 2.53 | 1.72 | 1.56 |
| Debt-to-Capital Ratio | 0.62 | 0.77 | 0.72 | 0.63 | 0.61 |
| Long-Term Debt-to-Capital Ratio | 0.62 | 0.76 | 0.70 | 0.63 | 0.60 |
| Financial Leverage Ratio | 3.40 | 5.39 | 4.27 | 3.07 | 2.88 |
| Debt Service Coverage Ratio | 18.53 | 7.43 | 2.29 | 2.56 | 4.42 |
| Interest Coverage Ratio | 20.06 | 6.02 | 2.35 | -0.28 | 1.45 |
| Debt to Market Cap | 0.02 | 0.03 | 0.22 | 0.82 | 0.11 |
| Interest Debt Per Share | 11.07 | 11.50 | 9.81 | 9.29 | 10.57 |
| Net Debt to EBITDA | 0.24 | 1.18 | 2.34 | 4.28 | 3.12 |
| Profitability Margins | |||||
| Gross Profit Margin | 87.86% | 83.85% | 67.74% | 55.41% | 64.62% |
| EBIT Margin | 75.90% | 59.84% | 19.99% | -1.18% | 5.35% |
| EBITDA Margin | 79.46% | 73.75% | 34.88% | 18.24% | 20.78% |
| Operating Profit Margin | 75.75% | 59.27% | 19.74% | -1.70% | 5.37% |
| Pretax Profit Margin | 72.12% | 50.00% | 11.59% | -7.28% | 1.66% |
| Net Profit Margin | 60.83% | 49.00% | 10.87% | -6.84% | 1.27% |
| Continuous Operations Profit Margin | 62.64% | 49.30% | 10.87% | -6.85% | 1.27% |
| Net Income Per EBT | 84.34% | 98.01% | 93.73% | 93.94% | 76.54% |
| EBT Per EBIT | 95.21% | 84.35% | 58.71% | 429.32% | 30.87% |
| Return on Assets (ROA) | 45.92% | 26.92% | 6.66% | -3.30% | 0.58% |
| Return on Equity (ROE) | 156.17% | 144.96% | 28.39% | -10.13% | 1.66% |
| Return on Capital Employed (ROCE) | 70.06% | 39.71% | 14.68% | -0.91% | 2.72% |
| Return on Invested Capital (ROIC) | 60.71% | 39.04% | 13.08% | -0.85% | 2.05% |
| Return on Tangible Assets | 62.63% | 49.85% | 16.04% | -8.21% | 1.02% |
| Earnings Yield | 1.46% | 1.45% | 2.54% | -4.93% | 0.12% |
| Efficiency Ratios | |||||
| Receivables Turnover | 3.01 | 2.28 | 3.44 | 4.01 | 5.43 |
| Payables Turnover | 0.89 | 0.92 | 2.85 | 4.60 | 3.83 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 37.06 | 16.23 | 14.82 | 20.28 | 20.75 |
| Asset Turnover | 0.75 | 0.55 | 0.61 | 0.48 | 0.45 |
| Working Capital Turnover Ratio | 2.52 | 3.35 | 3.23 | 1.42 | 2.10 |
| Cash Conversion Cycle | -288.74 | -234.91 | -22.05 | 11.67 | -28.15 |
| Days of Sales Outstanding | 121.16 | 160.11 | 106.04 | 91.06 | 67.24 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 409.91 | 395.02 | 128.09 | 79.39 | 95.39 |
| Operating Cycle | 121.16 | 160.11 | 106.04 | 91.06 | 67.24 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 11.72 | 6.23 | 3.02 | 1.11 | 1.11 |
| Free Cash Flow Per Share | 11.64 | 6.22 | 3.00 | 1.11 | 1.11 |
| Dividend Paid and CapEx Coverage Ratio | 140.23 | 439.49 | 250.00 | 623.52 | 260.32 |
| Capital Expenditure Coverage Ratio | 140.23 | 439.49 | 250.00 | 623.52 | 260.32 |
| Operating Cash Flow Coverage Ratio | 1.12 | 0.59 | 0.33 | 0.13 | 0.11 |
| Operating Cash Flow to Sales Ratio | 0.72 | 0.65 | 0.32 | 0.15 | 0.13 |
| Free Cash Flow Yield | 1.73% | 1.92% | 7.54% | 10.53% | 1.18% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 68.48 | 69.19 | 39.32 | -20.30 | 863.82 |
| Price-to-Sales (P/S) Ratio | 41.65 | 33.84 | 4.27 | 1.39 | 10.96 |
| Price-to-Book (P/B) Ratio | 106.94 | 100.11 | 11.16 | 2.06 | 14.32 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 57.90 | 52.10 | 13.27 | 9.49 | 84.94 |
| Price-to-Operating Cash Flow Ratio | 57.48 | 51.98 | 13.21 | 9.48 | 84.62 |
| Price-to-Earnings Growth (PEG) Ratio | 0.62 | 0.19 | -0.13 | 0.03 | -7.39 |
| Enterprise Value Multiple | 52.66 | 47.07 | 14.58 | 11.90 | 55.86 |
| Enterprise Value | 229.34B | 111.92B | 16.70B | 6.11B | 32.43B |
| EV to EBITDA | 52.66 | 47.07 | 14.58 | 11.90 | 55.86 |
| EV to Sales | 41.84 | 34.71 | 5.09 | 2.17 | 11.61 |
| EV to Free Cash Flow | 58.17 | 53.44 | 15.80 | 14.83 | 89.97 |
| EV to Operating Cash Flow | 57.75 | 53.32 | 15.73 | 14.81 | 89.62 |
| Tangible Book Value Per Share | 0.58 | -4.78 | -5.34 | -4.30 | -1.65 |
| Shareholders’ Equity Per Share | 6.30 | 3.23 | 3.57 | 5.12 | 6.58 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.13 | 0.01 | 0.06 | 0.06 | 0.24 |
| Revenue Per Share | 16.18 | 9.57 | 9.33 | 7.58 | 8.60 |
| Net Income Per Share | 9.84 | 4.69 | 1.01 | -0.52 | 0.11 |
| Tax Burden | 0.84 | 0.98 | 0.94 | 0.94 | 0.77 |
| Interest Burden | 0.95 | 0.84 | 0.58 | 6.16 | 0.31 |
| Research & Development to Revenue | 0.04 | 0.12 | 0.18 | 0.18 | 0.13 |
| SG&A to Revenue | 0.08 | 0.13 | 0.05 | 0.06 | 0.06 |
| Stock-Based Compensation to Revenue | 0.04 | 0.11 | 0.11 | 0.07 | 0.05 |
| Income Quality | 1.16 | 1.33 | 2.98 | -2.14 | 10.24 |
Currency in USD
