AppLovin Corporation (APP) EV/Sales Ratio: 25.92x
Is AppLovin Corporation’s EV/Sales ratio high or low?
AppLovin Corporation's EV/Sales ratio of 25.92x is 65% above its 5-year average of 15.75x, around the middle of its 5-year range (2.02x–53.66x).
As of Tuesday, June 23, 2026. 25.84% below its 12-month average of 34.95x.
APP EV/Sales Ratio Chart
APP Average EV/Sales Ratio Chart
APP Current vs Average EV/Sales Ratio Chart
APP EV/Sales Ratio Metrics
EV/SALES RATIO
25.92x
EV/SALES RATIO AVG TTM
34.95x
EV/SALES RATIO AVG 3Y
21.66x
EV/SALES RATIO AVG 5Y
15.75x
EV/SALES RATIO AVG 10Y
N/A
EV/SALES RATIO AVG 15Y
N/A
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-25.84%
CURRENT VS 3Y AVG
+19.69%
CURRENT VS 5Y AVG
+64.59%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
APP Competitors' EV/Sales Ratio
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppLovin Corporation (APP) | $157.69B | 25.92x | 34.95x | 21.66x | 15.75x |
| Uber Technologies, Inc. (UBER)vs › | $145.40B | 2.88x | 3.72x | 3.72x | 3.82x |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $171.94B | 33.46x | 26.17x | 23.10x | 25.41x |
| SAP SE (SAP)vs › | $174.21B | 3.74x | 6.63x | 6.79x | 5.91x |
| Shopify Inc. (SHOP)vs › | $140.12B | 11.25x | 16.57x | 14.73x | 17.53x |
| Salesforce, Inc. (CRM)vs › | $122.95B | 3.82x | 5.48x | 6.84x | 7.22x |
| Palo Alto Networks, Inc. (PANW)vs › | $195.18B | 20.06x | 14.37x | 14.53x | 13.02x |
| Amphenol Corporation (APH)vs › | $204.17B | 8.83x | 8.17x | 6.59x | 5.77x |
| Cadence Design Systems, Inc. (CDNS)vs › | $107.30B | 19.56x | 17.22x | 17.82x | 16.49x |
| Fortinet, Inc. (FTNT)vs › | $106.52B | 14.95x | 10.29x | 10.46x | 11.75x |
Understanding EV/Sales
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
- It works for unprofitable companies where P/E doesn't apply
- Revenue is harder to manipulate than earnings
- It supports comparisons across companies at different profitability stages
- It is frequently used for software and other revenue-growth-focused companies
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
AppLovin Corporation EV/Sales Ratio Formula & Definition
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
AppLovin Corporation EV/Sales Ratio FAQ
- What is the EV/Sales ratio for AppLovin Corporation (APP)?
- The EV/Sales ratio for APP stock is 25.92x.
- Is AppLovin Corporation's EV/Sales ratio high or low?
- AppLovin Corporation's EV/Sales ratio of 25.92x is 65% above its 5-year average of 15.75x, around the middle of its 5-year range (2.02x–53.66x).
- What is the TTM average EV/Sales ratio for AppLovin Corporation (APP)?
- The TTM average EV/Sales ratio for APP stock is 34.95x.
- What is the 3Y average EV/Sales ratio for AppLovin Corporation (APP)?
- The 3Y average EV/Sales ratio for APP stock is 21.66x.
- What is the 5Y average EV/Sales ratio for AppLovin Corporation (APP)?
- The 5Y average EV/Sales ratio for APP stock is 15.75x.
AppLovin Corporation EV/Sales Ratio History
| DATE | EV/SALES RATIO |
|---|---|
| 2026-06-22 | 25.92x |
| 2026-06-18 | 25.93x |
| 2026-06-17 | 26.47x |
| 2026-06-16 | 28.43x |
| 2026-06-15 | 28.74x |
| 2026-06-12 | 27.42x |
| 2026-06-11 | 26.42x |
| 2026-06-10 | 27.21x |
| 2026-06-09 | 28.74x |
| 2026-06-08 | 31.10x |
| 2026-06-05 | 30.74x |
| 2026-06-04 | 30.83x |
| 2026-06-03 | 31.49x |
| 2026-06-02 | 33.40x |
| 2026-06-01 | 33.85x |
| 2026-05-29 | 33.81x |
| 2026-05-28 | 33.09x |
| 2026-05-27 | 31.33x |
| 2026-05-26 | 28.38x |
| 2026-05-22 | 26.59x |
| 2026-05-21 | 26.82x |
| 2026-05-20 | 26.62x |
| 2026-05-19 | 26.33x |
| 2026-05-18 | 27.18x |
| 2026-05-15 | 27.65x |
| 2026-05-14 | 26.78x |
| 2026-05-13 | 25.04x |
| 2026-05-12 | 27.09x |
| 2026-05-11 | 26.41x |
| 2026-05-08 | 25.87x |
| 2026-05-07 | 27.54x |
| 2026-05-06 | 25.89x |
| 2026-05-05 | 29.84x |
| 2026-05-04 | 29.65x |
| 2026-05-01 | 28.72x |
| 2026-04-30 | 27.87x |
| 2026-04-29 | 27.69x |
| 2026-04-28 | 28.04x |
| 2026-04-27 | 28.74x |
| 2026-04-24 | 27.99x |
| 2026-04-23 | 28.36x |
| 2026-04-22 | 30.19x |
| 2026-04-21 | 29.54x |
| 2026-04-20 | 30.64x |
| 2026-04-17 | 29.79x |
| 2026-04-16 | 29.10x |
| 2026-04-15 | 29.01x |
| 2026-04-14 | 27.08x |
| 2026-04-13 | 26.08x |
| 2026-04-10 | 24.47x |
| 2026-04-09 | 23.71x |
| 2026-04-08 | 24.45x |
| 2026-04-07 | 25.65x |
| 2026-04-06 | 25.79x |
| 2026-04-02 | 24.15x |
| 2026-04-01 | 24.25x |
| 2026-03-31 | 24.88x |
| 2026-03-30 | 23.27x |
| 2026-03-27 | 23.83x |
| 2026-03-26 | 24.45x |
| 2026-03-25 | 27.28x |
| 2026-03-24 | 27.23x |
| 2026-03-23 | 28.66x |
| 2026-03-20 | 27.63x |
| 2026-03-19 | 27.48x |
| 2026-03-18 | 27.64x |
| 2026-03-17 | 28.66x |
| 2026-03-16 | 28.31x |
| 2026-03-13 | 28.64x |
| 2026-03-12 | 28.06x |
| 2026-03-11 | 28.81x |
| 2026-03-10 | 29.80x |
| 2026-03-09 | 32.27x |
| 2026-03-06 | 31.33x |
| 2026-03-05 | 31.73x |
| 2026-03-04 | 30.14x |
| 2026-03-03 | 27.41x |
| 2026-03-02 | 27.05x |
| 2026-02-27 | 27.16x |
| 2026-02-26 | 27.79x |
| 2026-02-25 | 26.34x |
| 2026-02-24 | 24.58x |
| 2026-02-23 | 23.80x |
| 2026-02-20 | 26.16x |
| 2026-02-19 | 25.74x |
| 2026-02-18 | 26.89x |
| 2026-02-17 | 25.06x |
| 2026-02-13 | 25.99x |
| 2026-02-12 | 24.43x |
| 2026-02-11 | 30.33x |
| 2026-02-10 | 31.39x |
| 2026-02-09 | 30.57x |
| 2026-02-06 | 27.05x |
| 2026-02-05 | 24.98x |
| 2026-02-04 | 25.78x |
| 2026-02-03 | 30.66x |
| 2026-02-02 | 32.05x |
| 2026-01-30 | 31.40x |
| 2026-01-29 | 37.71x |
| 2026-01-28 | 35.95x |
| 2026-01-27 | 36.03x |
| 2026-01-26 | 35.50x |
| 2026-01-23 | 34.77x |
| 2026-01-22 | 34.61x |
| 2026-01-21 | 35.31x |
| 2026-01-20 | 37.47x |
| 2026-01-16 | 37.68x |
| 2026-01-15 | 40.19x |
| 2026-01-14 | 40.90x |
| 2026-01-13 | 44.24x |
| 2026-01-12 | 43.58x |
| 2026-01-09 | 42.86x |
| 2026-01-08 | 40.82x |
| 2026-01-07 | 41.89x |
| 2026-01-06 | 40.86x |
| 2026-01-05 | 41.89x |
| 2026-01-02 | 40.93x |
| 2025-12-31 | 44.58x |
| 2025-12-30 | 45.88x |
| 2025-12-29 | 46.22x |
| 2025-12-26 | 47.23x |
| 2025-12-24 | 48.10x |
| 2025-12-23 | 48.16x |
| 2025-12-22 | 48.50x |
| 2025-12-19 | 47.70x |
| 2025-12-18 | 45.93x |
| 2025-12-17 | 43.48x |
| 2025-12-16 | 44.81x |
| 2025-12-15 | 44.67x |
| 2025-12-12 | 44.37x |
| 2025-12-11 | 47.41x |
| 2025-12-10 | 46.51x |
| 2025-12-09 | 47.91x |
| 2025-12-08 | 45.62x |
| 2025-12-05 | 45.77x |
| 2025-12-04 | 45.23x |
| 2025-12-03 | 43.81x |
| 2025-12-02 | 43.21x |
| 2025-12-01 | 41.28x |
| 2025-11-28 | 39.70x |
| 2025-11-26 | 38.84x |
| 2025-11-25 | 36.85x |
| 2025-11-24 | 37.09x |
| 2025-11-21 | 34.50x |
| 2025-11-20 | 34.54x |
| 2025-11-19 | 35.14x |
| 2025-11-18 | 34.88x |
| 2025-11-17 | 35.75x |
| 2025-11-14 | 36.96x |
| 2025-11-13 | 36.85x |
| 2025-11-12 | 38.74x |
| 2025-11-11 | 39.40x |
| 2025-11-10 | 43.10x |
| 2025-11-07 | 41.04x |
| 2025-11-06 | 41.13x |
| 2025-11-05 | 40.85x |
| 2025-11-04 | 45.53x |
| 2025-11-03 | 47.26x |
| 2025-10-31 | 47.65x |
| 2025-10-30 | 46.41x |
| 2025-10-29 | 47.20x |
| 2025-10-28 | 46.87x |
| 2025-10-27 | 48.08x |
| 2025-10-24 | 46.37x |
| 2025-10-23 | 44.13x |
| 2025-10-22 | 42.28x |
| 2025-10-21 | 41.38x |
| 2025-10-20 | 42.37x |
| 2025-10-17 | 44.84x |
| 2025-10-16 | 45.31x |
| 2025-10-15 | 45.06x |
| 2025-10-14 | 44.15x |
| 2025-10-13 | 44.16x |
| 2025-10-10 | 42.66x |
| 2025-10-09 | 44.91x |
| 2025-10-08 | 47.08x |
| 2025-10-07 | 47.24x |
| 2025-10-06 | 43.93x |
| 2025-10-03 | 51.01x |
| 2025-10-02 | 51.07x |
| 2025-10-01 | 52.59x |
| 2025-09-30 | 53.66x |
| 2025-09-29 | 53.20x |
| 2025-09-26 | 50.06x |
| 2025-09-25 | 47.84x |
| 2025-09-24 | 47.99x |
| 2025-09-23 | 48.67x |
| 2025-09-22 | 48.11x |
| 2025-09-19 | 48.56x |
| 2025-09-18 | 46.48x |
| 2025-09-17 | 45.38x |
| 2025-09-16 | 45.17x |
| 2025-09-15 | 44.38x |
| 2025-09-12 | 43.56x |
| 2025-09-11 | 42.76x |
| 2025-09-10 | 42.45x |
| 2025-09-09 | 41.79x |
| 2025-09-08 | 40.97x |
| 2025-09-05 | 36.77x |
| 2025-09-04 | 37.49x |
| 2025-09-03 | 36.55x |
| 2025-09-02 | 36.14x |
| 2025-08-29 | 35.91x |
| 2025-08-28 | 36.29x |
| 2025-08-27 | 34.75x |
| 2025-08-26 | 35.22x |
| 2025-08-25 | 33.84x |
| 2025-08-22 | 33.18x |
| 2025-08-21 | 31.48x |
| 2025-08-20 | 31.01x |
| 2025-08-19 | 31.02x |
| 2025-08-18 | 32.94x |
| 2025-08-15 | 32.95x |
| 2025-08-14 | 32.56x |
| 2025-08-13 | 33.52x |
| 2025-08-12 | 35.05x |
| 2025-08-11 | 34.94x |
| 2025-08-08 | 34.23x |
| 2025-08-07 | 32.85x |
| 2025-08-06 | 29.39x |
| 2025-08-05 | 32.74x |
| 2025-08-04 | 34.18x |
| 2025-08-01 | 32.84x |
| 2025-07-31 | 33.82x |
| 2025-07-30 | 31.50x |
| 2025-07-29 | 31.36x |
| 2025-07-28 | 32.15x |
| 2025-07-25 | 31.57x |
| 2025-07-24 | 31.22x |
| 2025-07-23 | 31.40x |
| 2025-07-22 | 30.37x |
| 2025-07-21 | 31.74x |
| 2025-07-18 | 31.60x |
| 2025-07-17 | 31.54x |
| 2025-07-16 | 30.84x |
| 2025-07-15 | 30.62x |
| 2025-07-14 | 30.87x |
| 2025-07-11 | 29.11x |
| 2025-07-10 | 30.06x |
| 2025-07-09 | 30.61x |
| 2025-07-08 | 29.93x |
| 2025-07-07 | 29.95x |
| 2025-07-03 | 29.67x |
| 2025-07-02 | 29.19x |
| 2025-07-01 | 29.25x |
| 2025-06-30 | 30.38x |
| 2025-06-27 | 29.00x |
| 2025-06-26 | 30.16x |
| 2025-06-25 | 29.43x |
| 2025-06-24 | 30.33x |
| 2025-06-23 | 29.14x |
| 2025-06-20 | 28.23x |
| 2025-06-18 | 29.90x |
| 2025-06-17 | 31.26x |
| 2025-06-16 | 32.12x |
| 2025-06-13 | 31.60x |
| 2025-06-12 | 32.96x |
| 2025-06-11 | 33.20x |
| 2025-06-10 | 33.22x |
| 2025-06-09 | 33.22x |
Showing the most recent 260 of 1,281 data points. The chart above shows the full history.
Related Metrics
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.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Adam Arash Foroughi