Analog Devices, Inc. (ADI) vs AppLovin Corporation (APP)

APP leads on 14 of 16 compared metrics.

A side-by-side comparison of Analog Devices, Inc. and AppLovin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — ADI vs APP

growth of $100 · last 5y
ADI +153.4%APP +616.3%APP compounded faster
05001kStart $10020222023202420252026$253$716
ADI APP

ADI vs APP: by the numbers

  • ADI is the larger company ($198.37B vs $156.89B market cap).
  • APP trades at the lower earnings multiple (40.12 vs 60.51 P/E).
  • APP converts more revenue to profit (64.29% vs 26.01% net margin).
  • APP grew revenue faster over the past five years (27.99% vs 15.48% CAGR).
  • ADI pays a dividend (1.03% yield) while APP does not currently pay one.

Which is better, ADI or APP?

Metric tally: ADI 2 · APP 14

It depends on what you're optimizing for:

ValueAPP(lower P/E)
GrowthAPP(faster 5Y revenue CAGR)
QualityAPP(higher ROIC)

Metrics side by side

Valuation

MetricADIAPP
P/E ratio60.5140.12
Forward P/E33.0621.80
P/S ratio15.6825.66
P/B ratio5.9266.93
PEG ratio1.300.62
EV / EBITDA33.0832.15
FCF yield2.29%2.78%

Profitability

MetricADIAPP
Gross margin64.49%88.37%
Operating margin32.50%77.09%
Net margin26.01%64.29%
ROE9.82%167.67%
ROIC5.42%60.71%

Dividends

MetricADIAPP
Dividend yield1.03%
Payout ratio91.07%

Growth (annualized)

MetricADIAPP
Revenue CAGR (5Y)15.48%27.99%
EPS CAGR (5Y)6.75%73.54%
FCF CAGR (5Y)15.54%79.57%
Total return CAGR (5Y)22.06%41.80%

Frequently asked

Which is better, ADI or APP?
It depends on your goal. value: APP (lower P/E); growth: APP (faster 5Y revenue CAGR); quality: APP (higher ROIC). Across all compared metrics, APP leads 14 to 2.
Is ADI or APP cheaper?
On trailing earnings, APP is cheaper: ADI trades at a 60.51 P/E and APP at 40.12.
Which has grown faster, ADI or APP?
Over the past five years, APP grew revenue faster — ADI at a 15.48% CAGR versus APP at 27.99%.
Does ADI or APP pay a bigger dividend?
ADI pays a dividend (1.03% yield) while APP does not currently pay one.
Is ADI or APP more profitable?
APP runs the higher net margin — ADI at 26.01% versus APP at 64.29%.
Which has been the better investment, ADI or APP?
Over the past 5-year, APP delivered the higher annualized total return — ADI at 23.81% versus APP at 41.80%. 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 June 24, 2026.