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.

Compare

Total returnADBE vs APP

growth of $100 · dividends reinvested · last 5y
ADBE -47.9%APP +414.8%APP compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020222023202420252026$52$515
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

MetricADBEAPP
P/E ratio14.8925.80
Forward P/E10.6621.01
P/S ratio4.1516.61
P/B ratio9.0835.86
PEG ratio0.550.62
EV / EBITDA10.8421.00
FCF yield10.16%3.97%

Profitability

MetricADBEAPP
Gross margin89.12%88.46%
Operating margin36.07%77.44%
Net margin28.69%64.58%
ROE62.76%139.42%
ROIC36.69%60.71%

Growth (annualized)

MetricADBEAPP
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.

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.