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

APP has the lower trailing P/E: APP trades at 35.93 and SNDK at 38.10. P/E is one valuation measure and does not by itself establish which business is cheaper.

Is APP or SNDK more profitable?

APP runs the higher net margin — APP at 64.29% versus SNDK at 34.19%.

AppLovin Corporation (APP) vs Sandisk Corporation (SNDK)

A side-by-side comparison of AppLovin Corporation and Sandisk Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 29, 2026. Differences are shown without an overall score or investment verdict.

APP

AppLovin Corporation

$135.71B

$403.98TechnologyDelayed quote: Jul 29, 2026, 2:40 PM EDT

SNDK

Sandisk Corporation

$159.16B

$1,074.75TechnologyDelayed quote: Jul 29, 2026, 2:40 PM EDT

Total return — APP vs SNDK

growth of $100 · dividends reinvested · last 1y

APP +10.0%SNDK +2944.7%SNDK compounded faster

Log scale — wide-divergence pair

APP SNDK

APP vs SNDK: by the numbers

•SNDK is the larger company ($159.16B vs $135.71B market cap).
•APP trades at the lower trailing earnings multiple (35.93 vs 38.10 P/E), one valuation lens rather than an overall verdict.
•APP converts more revenue to profit (64.29% vs 34.19% net margin).

Metrics side by side

Valuation

Metric	APP	SNDK
P/E ratio	35.93	38.10
Forward P/E	26.00	16.39
P/S ratio	22.98	13.05
P/B ratio	59.94	12.49
PEG ratio	0.62	N/A
EV / EBITDA	29.06	30.40
FCF yield	3.11%	2.59%

Profitability

Metric	APP	SNDK
Gross margin	88.37%	30.07%
Operating margin	77.09%	-18.72%
Net margin	64.29%	34.19%
ROE	167.67%	32.71%
ROIC	60.71%	-11.89%

Growth (annualized)

Metric	APP	SNDK
Revenue CAGR (5Y)	27.99%	N/A
EPS CAGR (5Y)	73.54%	N/A
FCF CAGR (5Y)	79.57%	N/A
Total return CAGR (5Y)	45.02%	N/A

Frequently asked

Which has the lower trailing P/E, APP or SNDK?: APP has the lower trailing P/E: APP trades at 35.93 and SNDK at 38.10. P/E is one valuation measure and does not by itself establish which business is cheaper.
Is APP or SNDK more profitable?: APP runs the higher net margin — APP at 64.29% versus SNDK at 34.19%.

Go deeper

Full APP analysis Full SNDK analysis Interactive comparison tool

Dig into the metrics

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

AppLovin & Sandisk 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 July 29, 2026.