AppLovin Corporation (APP) Valuation — DCF, Graham & Comparables

AppLovin Corporation (APP) — Price $228.50 (closing price, October 30, 2026) — Technology — Software - Application — NASDAQ

Latest reported results:

Valuation dashboard for AppLovin Corporation (APP) with P/E 17.56, P/B 24.32, EV/EBITDA 13.91 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model.

Analysis Summary

AppLovin Corporation reported revenue of $5.48B in the most recent fiscal year, growing at a 5-year CAGR of 30.4%.

Trailing-twelve-month margins: gross margin 88.5%, operating margin 77.4%, net margin 64.6%.

At $228.50 (closing price, October 30, 2026), APP trades at a P/E of 17.56 and an ROE of 193.10%. Market capitalisation stands at $76.8B, placing it among large-cap names.

Balance sheet quality for APP: current ratio of 3.3. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio17.56
Price / Book24.32
EV / EBITDA13.91
Dividend Yield0.00%

Valuation Models

DCF Fair Value$119.29
vs Current Price-47.8%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
APPAppLovin Corporation$76.8B17.5624.32193.1%
BRZEBraze, Inc.$5.2B8.46-18.8%
ZETAZeta Global Holdings Corp.$7.8B7.48-0.3%
SHOP.TOShopify Inc.CAD 286.0B105.6216.0715.1%
SAPSAP SE$273.9B29.805.2917.8%
0VHA.LShopify Inc.$219.9B113.2117.2215.1%
SHOPShopify Inc.$204.4B105.7017.0515.1%
CRMSalesforce, Inc.$188.6B20.914.9020.2%

Price

Price$228.50 (closing price, October 30, 2026)
Market Cap$76.8B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity193.10%
Return on Invested Capital63.79%
Return on Assets53.33%
Gross Margin88.46%
Operating Margin77.44%
Net Margin64.58%

Related companies: BRZE · ZETA · SHOP.TO · SAP · 0VHA.L · SHOP · CRM · 0L5N.L

Explore sector: Technology · Software - Application

More sections of APP: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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