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).
Total return — ADI vs APP
growth of $100 · last 5yADI +153.4%APP +616.3%APP compounded faster
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 14It depends on what you're optimizing for:
ValueAPP(lower P/E)
GrowthAPP(faster 5Y revenue CAGR)
QualityAPP(higher ROIC)
Metrics side by side
Valuation
| Metric | ADI | APP |
|---|---|---|
| P/E ratio | 60.51 | 40.12● |
| Forward P/E | 33.06 | 21.80● |
| P/S ratio | 15.68● | 25.66 |
| P/B ratio | 5.92● | 66.93 |
| PEG ratio | 1.30 | 0.62● |
| EV / EBITDA | 33.08 | 32.15● |
| FCF yield | 2.29% | 2.78%● |
Profitability
| Metric | ADI | APP |
|---|---|---|
| Gross margin | 64.49% | 88.37%● |
| Operating margin | 32.50% | 77.09%● |
| Net margin | 26.01% | 64.29%● |
| ROE | 9.82% | 167.67%● |
| ROIC | 5.42% | 60.71%● |
Dividends
| Metric | ADI | APP |
|---|---|---|
| Dividend yield | 1.03% | — |
| Payout ratio | 91.07% | — |
Growth (annualized)
| Metric | ADI | APP |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Analog Devices P/E ratioAppLovin P/E ratioAnalog Devices dividend yieldAppLovin dividend yieldAnalog Devices ROEAppLovin ROEAnalog Devices operating marginAppLovin operating marginAnalog Devices revenue growthAppLovin revenue growthAnalog Devices free cash flowAppLovin free cash flow
Analog Devices & 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 June 24, 2026.