AppLovin Corporation (APP) vs Main Street Capital Corporation (MAIN)

A side-by-side comparison of AppLovin Corporation and Main Street Capital Corporation 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.

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

Total returnAPP vs MAIN

growth of $100 · dividends reinvested · last 5y
APP +382.3% (+37.0%/yr)MAIN +102.6% (+15.2%/yr)APP compounded faster over this window
05001kStart $10020222023202420252026$482$203
APP MAIN

APP vs MAIN: by the numbers

  • APP is the larger company ($108.83B vs $5.23B market cap).
  • MAIN trades at the lower trailing earnings multiple (11.33 vs 24.90 P/E), one valuation lens rather than an overall verdict.
  • APP grew revenue faster over the past five years (25.84% vs 11.02% CAGR).
  • MAIN pays a dividend (6.65% yield), while APP has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAPPMAIN
P/E ratio24.9011.33
Forward P/E20.5314.75
P/S ratio15.947.47
P/B ratio34.411.65
EV / EBITDA20.16N/A
FCF yield4.13%N/A

Profitability

MetricAPPMAIN
Gross margin88.46%100.00%
Operating margin77.44%80.71%
Net margin64.58%64.50%
ROE139.42%14.25%
ROIC63.79%N/A

Dividends

MetricAPPMAIN
Dividend yieldN/A6.65%
Payout ratioN/A74.80%

Growth (annualized)

MetricAPPMAIN
Revenue CAGR (5Y)25.84%11.02%
EPS CAGR (5Y)73.54%65.11%
FCF CAGR (5Y)73.58%N/A
Total return CAGR (5Y)32.38%14.86%

Frequently asked

Which has the lower trailing P/E, APP or MAIN?
MAIN has the lower trailing P/E: APP trades at 24.90 and MAIN at 11.33. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, APP or MAIN?
Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus MAIN at 11.02%.
Does APP or MAIN pay a bigger dividend?
MAIN pays a dividend (6.65% yield), while APP has no payments in the available dividend history.
How have APP and MAIN total returns compared?
Over the past 5 years, APP delivered 32.38% and MAIN delivered 14.86% 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 September 10, 2026.