Which has the lower trailing P/E, ADBE or APP?

ADBE has the lower trailing P/E: ADBE trades at 13.87 and APP at 25.31. 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 11.95% CAGR versus APP at 25.84%.

Is ADBE or APP more profitable?

APP runs the higher net margin — ADBE at 28.05% versus APP at 64.58%.

How have ADBE and APP total returns compared?

Over the past 5 years, ADBE delivered -17.47% and APP delivered 33.14% annualized total return. Past performance doesn't predict future results.

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

ADBE

Adobe Inc.

$98.77B

$248.48TechnologyDelayed quote: Sep 21, 2026, 2:25 PM EDT

APP

AppLovin Corporation

$110.61B

$329.26TechnologyDelayed quote: Sep 21, 2026, 2:25 PM EDT

Total return — ADBE vs APP

growth of $100 · dividends reinvested · last 5y

ADBE -48.9% (-12.6%/yr)APP +396.9% (+37.8%/yr)APP compounded faster over this window

Log scale — wide-divergence pair

ADBE APP

ADBE vs APP: by the numbers

•APP is the larger company ($110.61B vs $98.77B market cap).
•ADBE trades at the lower trailing earnings multiple (13.87 vs 25.31 P/E), one valuation lens rather than an overall verdict.
•APP converts more revenue to profit (64.58% vs 28.05% net margin).
•APP grew revenue faster over the past five years (25.84% vs 11.95% CAGR).

Metrics side by side

Valuation

Metric	ADBE	APP
P/E ratio	13.87	25.31
Forward P/E	10.15	20.87
P/S ratio	3.80	16.20
P/B ratio	8.40	34.97
EV / EBITDA	9.45	20.48
FCF yield	11.08%	4.07%

Profitability

Metric	ADBE	APP
Gross margin	88.98%	88.46%
Operating margin	35.70%	77.44%
Net margin	28.05%	64.58%
ROE	61.92%	139.42%
ROIC	40.02%	63.79%

Growth (annualized)

Metric	ADBE	APP
Revenue CAGR (5Y)	11.95%	25.84%
EPS CAGR (5Y)	8.86%	73.54%
FCF CAGR (5Y)	10.15%	73.58%
Total return CAGR (5Y)	-17.47%	33.14%

Frequently asked

Which has the lower trailing P/E, ADBE or APP?: ADBE has the lower trailing P/E: ADBE trades at 13.87 and APP at 25.31. 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 11.95% CAGR versus APP at 25.84%.
Is ADBE or APP more profitable?: APP runs the higher net margin — ADBE at 28.05% versus APP at 64.58%.
How have ADBE and APP total returns compared?: Over the past 5 years, ADBE delivered -17.47% and APP delivered 33.14% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ADBE analysis Full APP analysis Interactive comparison tool

Dig into the metrics

Adobe P/E ratio AppLovin P/E ratio Adobe ROE AppLovin ROE Adobe operating margin AppLovin operating margin Adobe revenue growth AppLovin revenue growth Adobe free cash flow AppLovin free cash flow

Adobe & AppLovin appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

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 September 13, 2026.