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AppLovin Corporation (APP) EV/FCF Ratio: 36.29x

Is AppLovin Corporation’s EV/FCF ratio high or low?

AppLovin Corporation's EV/FCF ratio of 36.29x is 22% below its 5-year average of 46.40x, near the low end of its 5-year range (11.91x–144.57x).

As of Tuesday, June 23, 2026. 32.46% below its 12-month average of 53.73x.

APP EV/FCF Ratio Chart

APP EV/FCF Ratio
36.29x-22.74% 1Y
Zoom

APP Average EV/FCF Ratio Chart

APP Current vs Average EV/FCF Ratio Chart

APP EV/FCF Ratio Metrics

EV/FCF RATIO

36.29x

EV/FCF RATIO AVG TTM

53.73x

EV/FCF RATIO AVG 3Y

41.30x

EV/FCF RATIO AVG 5Y

45.75x

EV/FCF RATIO AVG 10Y

N/A

EV/FCF RATIO AVG 15Y

N/A

EV/FCF RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-32.46%

CURRENT VS 3Y AVG

-12.13%

CURRENT VS 5Y AVG

-20.68%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

APP Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
AppLovin Corporation (APP)$157.69B36.29x53.73x41.30x45.75x
Uber Technologies, Inc. (UBER)vs ›$145.40B15.80x20.76x35.71x55.89x
CrowdStrike Holdings, Inc. (CRWD)vs ›$171.94B117.38x105.38x83.48x87.23x
SAP SE (SAP)vs ›$174.21B17.38x35.49x36.96x31.98x
Shopify Inc. (SHOP)vs ›$140.12B65.35x92.61x137.52x202.58x
Salesforce, Inc. (CRM)vs ›$122.95B11.17x16.77x23.43x28.70x
Palo Alto Networks, Inc. (PANW)vs ›$195.18B49.56x36.66x37.83x35.17x
Amphenol Corporation (APH)vs ›$204.17B49.37x49.59x40.96x39.59x
Cadence Design Systems, Inc. (CDNS)vs ›$107.30B75.65x59.54x65.01x57.26x
Fortinet, Inc. (FTNT)vs ›$106.52B43.63x31.72x31.96x35.02x

Cash Flow Valuation Comparison

EV/FCF

36.3x

P/FCF

36.1x

FCF Yield

2.77%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

AppLovin Corporation EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

AppLovin Corporation EV/FCF Ratio FAQ

What is the EV/FCF ratio for AppLovin Corporation (APP)?
The EV/FCF ratio for APP stock is 36.29x.
Is AppLovin Corporation's EV/FCF ratio high or low?
AppLovin Corporation's EV/FCF ratio of 36.29x is 22% below its 5-year average of 46.40x, near the low end of its 5-year range (11.91x–144.57x).
What is the TTM average EV/FCF ratio for AppLovin Corporation (APP)?
The TTM average EV/FCF ratio for APP stock is 53.73x.
What is the 3Y average EV/FCF ratio for AppLovin Corporation (APP)?
The 3Y average EV/FCF ratio for APP stock is 41.30x.
What is the 5Y average EV/FCF ratio for AppLovin Corporation (APP)?
The 5Y average EV/FCF ratio for APP stock is 45.75x.

AppLovin Corporation EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-2236.29x
2026-06-1836.31x
2026-06-1737.06x
2026-06-1639.81x
2026-06-1540.25x
2026-06-1238.39x
2026-06-1136.99x
2026-06-1038.10x
2026-06-0940.25x
2026-06-0843.54x
2026-06-0543.04x
2026-06-0443.17x
2026-06-0344.09x
2026-06-0246.77x
2026-06-0147.39x
2026-05-2947.34x
2026-05-2846.33x
2026-05-2743.86x
2026-05-2639.74x
2026-05-2237.23x
2026-05-2137.56x
2026-05-2037.28x
2026-05-1936.86x
2026-05-1838.06x
2026-05-1538.72x
2026-05-1437.50x
2026-05-1335.07x
2026-05-1237.93x
2026-05-1136.98x
2026-05-0836.22x
2026-05-0738.56x
2026-05-0636.24x
2026-05-0541.49x
2026-05-0441.22x
2026-05-0139.92x
2026-04-3038.75x
2026-04-2938.50x
2026-04-2838.98x
2026-04-2739.95x
2026-04-2438.91x
2026-04-2339.42x
2026-04-2241.97x
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2026-03-3134.58x
2026-03-3032.34x
2026-03-2733.13x
2026-03-2633.99x
2026-03-2537.91x
2026-03-2437.85x
2026-03-2339.83x
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2026-02-2737.75x
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2025-12-3169.06x
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2025-06-1053.54x
2025-06-0953.54x

Showing the most recent 260 of 1,281 data points. The chart above shows the full history.

About AppLovin Corporation

AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model. Another key product is Adjust, an analytics platform that enables marketers to scale their mobile apps by offering capabilities for performance measurement, campaign optimization, and user data protection. Additionally, MAX is an in-app bidding software engineered to maximize the value derived from an app's advertising inventory by facilitating real-time competitive auctions. Its client base is broad, serving advertisers, publishers, internet platforms, and other stakeholders. Founded in 2011, the enterprise maintains its headquarters in Palo Alto, California.

Palo Alto, CA
876 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Adam Arash Foroughi