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

APP has the lower trailing P/E: APP trades at 24.90 and MA at 31.31. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, APP or MA?

Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus MA at 16.09%.

Does APP or MA pay a bigger dividend?

MA pays a dividend (0.60% yield), while APP has no payments in the available dividend history.

Is APP or MA more profitable?

APP runs the higher net margin — APP at 64.58% versus MA at 46.34%.

How have APP and MA total returns compared?

Over the past 5 years, APP delivered 32.38% and MA delivered 10.88% annualized total return. Past performance doesn't predict future results.

AppLovin Corporation (APP) vs Mastercard Incorporated (MA)

A side-by-side comparison of AppLovin Corporation and Mastercard Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

Different business models: APP is classified in Technology; MA is classified in Financial Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

APP

AppLovin Corporation

$108.83B

$323.96TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

Mastercard Incorporated

$499.20B

$569.19Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — APP vs MA

growth of $100 · dividends reinvested · last 5y

APP +382.3% (+37.0%/yr)MA +53.5% (+8.9%/yr)APP compounded faster over this window

APP MA

APP vs MA: by the numbers

•MA is the larger company ($499.20B vs $108.83B market cap).
•APP trades at the lower trailing earnings multiple (24.90 vs 31.31 P/E), one valuation lens rather than an overall verdict.
•APP converts more revenue to profit (64.58% vs 46.34% net margin).
•APP grew revenue faster over the past five years (25.84% vs 16.09% CAGR).
•MA pays a dividend (0.60% yield), while APP has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	APP	MA
P/E ratio	24.90	31.31
Forward P/E	20.53	28.52
P/S ratio	15.94	14.23
P/B ratio	34.41	88.97
EV / EBITDA	20.16	N/A
FCF yield	4.13%	N/A

Profitability

Metric	APP	MA
Gross margin	88.46%	100.00%
Operating margin	77.44%	59.84%
Net margin	64.58%	46.34%
ROE	139.42%	289.73%
ROIC	63.79%	N/A

Dividends

Metric	APP	MA
Dividend yield	N/A	0.60%
Payout ratio	N/A	18.54%

Growth (annualized)

Metric	APP	MA
Revenue CAGR (5Y)	25.84%	16.09%
EPS CAGR (5Y)	73.54%	20.93%
FCF CAGR (5Y)	73.58%	N/A
Total return CAGR (5Y)	32.38%	10.88%

Frequently asked

Which has the lower trailing P/E, APP or MA?: APP has the lower trailing P/E: APP trades at 24.90 and MA at 31.31. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, APP or MA?: Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus MA at 16.09%.
Does APP or MA pay a bigger dividend?: MA pays a dividend (0.60% yield), while APP has no payments in the available dividend history.
Is APP or MA more profitable?: APP runs the higher net margin — APP at 64.58% versus MA at 46.34%.
How have APP and MA total returns compared?: Over the past 5 years, APP delivered 32.38% and MA delivered 10.88% annualized total return. Past performance doesn't predict future results.

Go deeper

Full APP analysis Full MA analysis Interactive comparison tool

Dig into the metrics

AppLovin P/E ratio Mastercard P/E ratio Mastercard dividend yield AppLovin ROE Mastercard ROE AppLovin operating margin Mastercard operating margin AppLovin revenue growth Mastercard revenue growth AppLovin free cash flow

AppLovin & Mastercard 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 10, 2026.