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 July 28, 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 +533.0%MAIN +94.6%APP compounded faster
05001kStart $10020222023202420252026$633$195
APP MAIN

APP vs MAIN: by the numbers

  • APP is the larger company ($140.50B vs $5.14B market cap).
  • MAIN trades at the lower trailing earnings multiple (11.33 vs 35.46 P/E), one valuation lens rather than an overall verdict.
  • APP converts more revenue to profit (64.29% vs 58.59% net margin).
  • APP grew revenue faster over the past five years (27.99% vs 16.32% CAGR).
  • MAIN pays a dividend (7.99% yield), while APP has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAPPMAIN
P/E ratio35.4611.33
Forward P/E25.6614.01
P/S ratio22.686.70
P/B ratio59.151.58
PEG ratio0.620.17
EV / EBITDA28.68N/A
FCF yield3.15%N/A

Profitability

MetricAPPMAIN
Gross margin88.37%100.00%
Operating margin77.09%80.71%
Net margin64.29%58.59%
ROE167.67%13.78%
ROIC60.71%8.64%

Dividends

MetricAPPMAIN
Dividend yieldN/A7.99%
Payout ratioN/A77.90%

Growth (annualized)

MetricAPPMAIN
Revenue CAGR (5Y)27.99%16.32%
EPS CAGR (5Y)73.54%65.11%
FCF CAGR (5Y)79.57%N/A
Total return CAGR (5Y)45.80%13.87%

Frequently asked

Which has the lower trailing P/E, APP or MAIN?
MAIN has the lower trailing P/E: APP trades at 35.46 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 27.99% CAGR versus MAIN at 16.32%.
Does APP or MAIN pay a bigger dividend?
MAIN pays a dividend (7.99% yield), while APP has no payments in the available dividend history.
Is APP or MAIN more profitable?
APP runs the higher net margin — APP at 64.29% versus MAIN at 58.59%.
How have APP and MAIN total returns compared?
Over the past 5 years, APP delivered 45.80% and MAIN delivered 13.24% 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.