Advanced Micro Devices, Inc. (AMD) vs AppLovin Corporation (APP)

A side-by-side comparison of Advanced Micro Devices, Inc. and AppLovin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAMD vs APP

growth of $100 · dividends reinvested · last 5y
AMD +498.1%APP +533.0%APP compounded faster
05001kStart $10020222023202420252026$598$633
AMD APP

AMD vs APP: by the numbers

  • AMD is the larger company ($741.30B vs $140.50B market cap).
  • APP trades at the lower trailing earnings multiple (35.46 vs 161.75 P/E), one valuation lens rather than an overall verdict.
  • APP converts more revenue to profit (64.29% vs 13.37% net margin).
  • APP grew revenue faster over the past five years (27.99% vs 26.80% CAGR).

Metrics side by side

Valuation

MetricAMDAPP
P/E ratio161.7535.46
Forward P/E65.9625.66
P/S ratio21.8022.68
P/B ratio12.6759.15
PEG ratio0.490.62
EV / EBITDA110.3828.68
FCF yield1.05%3.15%

Profitability

MetricAMDAPP
Gross margin50.28%88.37%
Operating margin11.65%77.09%
Net margin13.37%64.29%
ROE7.77%167.67%
ROIC5.40%60.71%

Growth (annualized)

MetricAMDAPP
Revenue CAGR (5Y)26.80%27.99%
EPS CAGR (5Y)4.92%73.54%
FCF CAGR (5Y)37.73%79.57%
Total return CAGR (5Y)40.31%45.80%

Frequently asked

Which has the lower trailing P/E, AMD or APP?
APP has the lower trailing P/E: AMD trades at 161.75 and APP at 35.46. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMD or APP?
Over the past five years, APP grew revenue faster — AMD at a 26.80% CAGR versus APP at 27.99%.
Is AMD or APP more profitable?
APP runs the higher net margin — AMD at 13.37% versus APP at 64.29%.
How have AMD and APP total returns compared?
Over the past 5 years, AMD delivered 53.43% and APP delivered 45.80% 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 July 28, 2026.