AppLovin Corporation (APP) Return on Invested Capital (ROIC): 60.71%
Is AppLovin Corporation’s return on invested capital (ROIC) high or low?
AppLovin Corporation's return on invested capital (ROIC) of 60.71% is 224% above its 5-year average of 18.75%, near the high end of its 5-year range (-3.61%–60.71%).
As of Tuesday, June 23, 2026. 21.72% above its 12-month average of 49.88%.
APP Return on Invested Capital (ROIC) Chart
APP Average Return on Invested Capital (ROIC) Chart
APP Current vs Average Return on Invested Capital (ROIC) Chart
APP Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
60.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
49.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
28.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
18.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+21.72%
CURRENT VS 3Y AVG
+112.87%
CURRENT VS 5Y AVG
+223.73%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
APP Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppLovin Corporation (APP) | $157.69B | 60.71% | 49.88% | 28.52% | 18.75% |
| Uber Technologies, Inc. (UBER)vs › | $145.40B | 11.21% | 9.00% | 3.46% | -1.70% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $171.94B | -4.24% | -1.77% | -2.52% | -3.57% |
| SAP SE (SAP)vs › | $174.21B | 12.45% | 8.84% | 7.80% | 8.33% |
| Shopify Inc. (SHOP)vs › | $140.12B | 8.67% | 8.11% | -0.35% | 0.30% |
| Salesforce, Inc. (CRM)vs › | $122.95B | 8.76% | 8.36% | 5.69% | 4.06% |
| Palo Alto Networks, Inc. (PANW)vs › | $195.18B | 5.67% | 5.41% | 2.94% | 0.73% |
| Amphenol Corporation (APH)vs › | $204.17B | 15.12% | 15.01% | 15.20% | 14.59% |
| Arista Networks, Inc. (ANET)vs › | $206.52B | 22.64% | 22.69% | 23.35% | 21.10% |
| Cadence Design Systems, Inc. (CDNS)vs › | $107.30B | 14.11% | 13.77% | 18.23% | 18.78% |
Capital Efficiency
ROIC
60.7%
ROE
167.7%
AppLovin Corporation Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
AppLovin Corporation Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for AppLovin Corporation (APP)?
- The return on invested capital (ROIC) for APP stock is 60.71%.
- Is AppLovin Corporation's return on invested capital (ROIC) high or low?
- AppLovin Corporation's return on invested capital (ROIC) of 60.71% is 224% above its 5-year average of 18.75%, near the high end of its 5-year range (-3.61%–60.71%).
- What is the TTM average return on invested capital (ROIC) for AppLovin Corporation (APP)?
- The TTM average return on invested capital (ROIC) for APP stock is 49.88%.
- What is the 3Y average return on invested capital (ROIC) for AppLovin Corporation (APP)?
- The 3Y average return on invested capital (ROIC) for APP stock is 28.52%.
- What is the 5Y average return on invested capital (ROIC) for AppLovin Corporation (APP)?
- The 5Y average return on invested capital (ROIC) for APP stock is 18.75%.
AppLovin Corporation Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 60.71% |
| 2024-12-31 | 39.04% |
| 2023-12-31 | 15.18% |
| 2022-12-31 | -0.85% |
| 2021-12-31 | 2.05% |
| 2020-12-31 | -3.61% |
| 2019-12-31 | 18.74% |
| 2018-12-31 | 57.32% |
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