Adobe Inc. (ADBE) vs AppLovin Corporation (APP)
A side-by-side comparison of Adobe Inc. and AppLovin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 7, 2026. Differences are shown without an overall score or investment verdict.
ADBE
Adobe Inc.
$265.34TechnologyDelayed quote: Aug 7, 2026, 1:25 PM EDT
APP
AppLovin Corporation
$342.44TechnologyDelayed quote: Aug 7, 2026, 1:25 PM EDT
Total return — ADBE vs APP
growth of $100 · dividends reinvested · last 5yADBE -47.9%APP +414.8%APP compounded faster
Log scale — wide-divergence pair
ADBE APP
ADBE vs APP: by the numbers
- •APP is the larger company ($115.04B vs $105.47B market cap).
- •ADBE trades at the lower trailing earnings multiple (14.89 vs 25.80 P/E), one valuation lens rather than an overall verdict.
- •APP converts more revenue to profit (64.58% vs 28.69% net margin).
- •APP grew revenue faster over the past five years (25.84% vs 12.38% CAGR).
Metrics side by side
Valuation
| Metric | ADBE | APP |
|---|---|---|
| P/E ratio | 14.89 | 25.80 |
| Forward P/E | 10.66 | 21.01 |
| P/S ratio | 4.15 | 16.61 |
| P/B ratio | 9.08 | 35.86 |
| PEG ratio | 0.55 | 0.62 |
| EV / EBITDA | 10.84 | 21.00 |
| FCF yield | 10.16% | 3.97% |
Profitability
| Metric | ADBE | APP |
|---|---|---|
| Gross margin | 89.12% | 88.46% |
| Operating margin | 36.07% | 77.44% |
| Net margin | 28.69% | 64.58% |
| ROE | 62.76% | 139.42% |
| ROIC | 36.69% | 60.71% |
Growth (annualized)
| Metric | ADBE | APP |
|---|---|---|
| Revenue CAGR (5Y) | 12.38% | 25.84% |
| EPS CAGR (5Y) | 8.86% | 73.54% |
| FCF CAGR (5Y) | 12.31% | 73.58% |
| Total return CAGR (5Y) | -16.25% | 41.76% |
Frequently asked
- Which has the lower trailing P/E, ADBE or APP?
- ADBE has the lower trailing P/E: ADBE trades at 14.89 and APP at 25.80. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ADBE or APP?
- Over the past five years, APP grew revenue faster — ADBE at a 12.38% CAGR versus APP at 25.84%.
- Is ADBE or APP more profitable?
- APP runs the higher net margin — ADBE at 28.69% versus APP at 64.58%.
- How have ADBE and APP total returns compared?
- Over the past 5 years, ADBE delivered 10.14% and APP delivered 41.76% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Adobe P/E ratioAppLovin P/E ratioAdobe dividend yieldAppLovin dividend yieldAdobe ROEAppLovin ROEAdobe operating marginAppLovin operating marginAdobe revenue growthAppLovin revenue growthAdobe free cash flowAppLovin free cash flow
Adobe & AppLovin appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 7, 2026.