Applied Digital Corporation (APLD) EV/Sales Ratio: 34.78x
Is Applied Digital Corporation’s EV/Sales ratio high or low?
Applied Digital Corporation's EV/Sales ratio of 34.78x is 65% above its 4-year average of 21.13x, near the low end of its 4-year range (3.60x–242.46x).
As of Thursday, June 11, 2026. 20.44% above its 12-month average of 28.88x.
APLD EV/Sales Ratio Chart
APLD Average EV/Sales Ratio Chart
APLD Current vs Average EV/Sales Ratio Chart
APLD EV/Sales Ratio Metrics
EV/SALES RATIO
34.78x
EV/SALES RATIO AVG TTM
28.88x
EV/SALES RATIO AVG 3Y
15.93x
EV/SALES RATIO AVG 5Y
21.13x
EV/SALES RATIO AVG 10Y
21.13x
EV/SALES RATIO AVG 15Y
21.13x
EV/SALES RATIO AVG 20Y
21.13x
CURRENT VS TTM AVG
+20.44%
CURRENT VS 3Y AVG
+118.38%
CURRENT VS 5Y AVG
+64.61%
CURRENT VS 10Y AVG
+64.61%
CURRENT VS 15Y AVG
+64.61%
CURRENT VS 20Y AVG
+64.61%
APLD Competitors' EV/Sales Ratio
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Digital Corporation (APLD) | $11.85B | 34.78x | 28.88x | 15.93x | 21.13x |
| Trimble Inc. (TRMB) | $11.80B | 3.57x | 5.27x | 4.80x | 4.90x |
| Dynatrace, Inc. (DT) | $11.79B | 5.55x | 6.82x | 9.10x | 11.79x |
| Unity Software Inc. (U) | $11.64B | 6.07x | 7.93x | 6.55x | 12.17x |
| Skyworks Solutions, Inc. (SWKS) | $10.79B | 2.56x | 2.54x | 3.10x | 3.58x |
| Juniper Networks, Inc. (JNPR) | $13.36B | 2.72x | 2.57x | 2.22x | 2.20x |
| Zebra Technologies Corporation (ZBRA) | $10.33B | 2.45x | 2.96x | 3.43x | 3.70x |
| FormFactor, Inc. (FORM) | $10.15B | 12.19x | 6.85x | 5.22x | 4.50x |
| HubSpot, Inc. (HUBS) | $9.58B | 2.86x | 6.63x | 10.98x | 13.57x |
| DocuSign, Inc. (DOCU) | $8.49B | 2.59x | 4.11x | 4.41x | 7.89x |
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.
Applied Digital 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
Applied Digital Corporation EV/Sales Ratio FAQ
- What is the EV/Sales ratio for Applied Digital Corporation (APLD)?
- The EV/Sales ratio for APLD stock is 34.78x.
- Is Applied Digital Corporation's EV/Sales ratio high or low?
- Applied Digital Corporation's EV/Sales ratio of 34.78x is 65% above its 4-year average of 21.13x, near the low end of its 4-year range (3.60x–242.46x).
- What is the TTM average EV/Sales ratio for Applied Digital Corporation (APLD)?
- The TTM average EV/Sales ratio for APLD stock is 28.88x.
- What is the 3Y average EV/Sales ratio for Applied Digital Corporation (APLD)?
- The 3Y average EV/Sales ratio for APLD stock is 15.93x.
- What is the 5Y average EV/Sales ratio for Applied Digital Corporation (APLD)?
- The 5Y average EV/Sales ratio for APLD stock is 21.13x.
- What is the 10Y average EV/Sales ratio for Applied Digital Corporation (APLD)?
- The 10Y average EV/Sales ratio for APLD stock is 21.13x.
- What is the 15Y average EV/Sales ratio for Applied Digital Corporation (APLD)?
- The 15Y average EV/Sales ratio for APLD stock is 21.13x.
- What is the 20Y average EV/Sales ratio for Applied Digital Corporation (APLD)?
- The 20Y average EV/Sales ratio for APLD stock is 21.13x.
Applied Digital Corporation EV/Sales Ratio History
| DATE | EV/SALES RATIO |
|---|---|
| 2026-06-11 | 34.78x |
| 2026-06-10 | 32.83x |
| 2026-06-09 | 35.12x |
| 2026-06-08 | 34.38x |
| 2026-06-05 | 33.37x |
| 2026-06-04 | 36.83x |
| 2026-06-03 | 37.26x |
| 2026-06-02 | 39.67x |
| 2026-06-01 | 39.73x |
| 2026-05-29 | 39.22x |
| 2026-05-28 | 41.03x |
| 2026-05-27 | 40.52x |
| 2026-05-26 | 37.59x |
| 2026-05-22 | 38.14x |
| 2026-05-21 | 39.79x |
| 2026-05-20 | 33.29x |
| 2026-05-19 | 31.07x |
| 2026-05-18 | 33.00x |
| 2026-05-15 | 35.61x |
| 2026-05-14 | 38.79x |
| 2026-05-13 | 37.85x |
| 2026-05-12 | 36.66x |
| 2026-05-11 | 37.17x |
| 2026-05-08 | 34.61x |
| 2026-05-07 | 34.83x |
| 2026-05-06 | 36.90x |
| 2026-05-05 | 33.57x |
| 2026-05-04 | 30.32x |
| 2026-05-01 | 28.73x |
| 2026-04-30 | 29.26x |
| 2026-04-29 | 28.07x |
| 2026-04-28 | 27.63x |
| 2026-04-27 | 28.82x |
| 2026-04-24 | 29.82x |
| 2026-04-23 | 30.87x |
| 2026-04-22 | 27.87x |
| 2026-04-21 | 27.02x |
| 2026-04-20 | 27.69x |
| 2026-04-17 | 27.18x |
| 2026-04-16 | 26.08x |
| 2026-04-15 | 26.63x |
| 2026-04-14 | 27.14x |
| 2026-04-13 | 24.18x |
| 2026-04-10 | 23.16x |
| 2026-04-09 | 22.63x |
| 2026-04-08 | 24.33x |
| 2026-04-07 | 26.29x |
| 2026-04-06 | 26.30x |
| 2026-04-02 | 25.71x |
| 2026-04-01 | 25.64x |
| 2026-03-31 | 24.93x |
| 2026-03-30 | 21.91x |
| 2026-03-27 | 24.95x |
| 2026-03-26 | 26.81x |
| 2026-03-25 | 29.31x |
| 2026-03-24 | 27.82x |
| 2026-03-23 | 28.26x |
| 2026-03-20 | 27.00x |
| 2026-03-19 | 27.73x |
| 2026-03-18 | 27.69x |
| 2026-03-17 | 28.50x |
| 2026-03-16 | 28.69x |
| 2026-03-13 | 28.06x |
| 2026-03-12 | 28.47x |
| 2026-03-11 | 29.46x |
| 2026-03-10 | 28.40x |
| 2026-03-09 | 28.05x |
| 2026-03-06 | 26.26x |
| 2026-03-05 | 29.05x |
| 2026-03-04 | 29.58x |
| 2026-03-03 | 27.21x |
| 2026-03-02 | 28.90x |
| 2026-02-27 | 28.27x |
| 2026-02-26 | 29.58x |
| 2026-02-25 | 29.99x |
| 2026-02-24 | 31.48x |
| 2026-02-23 | 30.86x |
| 2026-02-20 | 29.95x |
| 2026-02-19 | 32.30x |
| 2026-02-18 | 32.66x |
| 2026-02-17 | 34.22x |
| 2026-02-13 | 35.85x |
| 2026-02-12 | 36.69x |
| 2026-02-11 | 37.10x |
| 2026-02-10 | 37.92x |
| 2026-02-09 | 38.67x |
| 2026-02-06 | 35.54x |
| 2026-02-05 | 28.82x |
| 2026-02-04 | 32.31x |
| 2026-02-03 | 37.20x |
| 2026-02-02 | 35.40x |
| 2026-01-30 | 34.53x |
| 2026-01-29 | 38.49x |
| 2026-01-28 | 40.53x |
| 2026-01-27 | 41.60x |
| 2026-01-26 | 36.70x |
| 2026-01-23 | 38.13x |
| 2026-01-22 | 35.34x |
| 2026-01-21 | 35.64x |
| 2026-01-20 | 36.02x |
| 2026-01-16 | 37.86x |
| 2026-01-15 | 35.80x |
| 2026-01-14 | 36.63x |
| 2026-01-13 | 37.21x |
| 2026-01-12 | 38.62x |
| 2026-01-09 | 38.12x |
| 2026-01-08 | 32.69x |
| 2026-01-07 | 37.40x |
| 2026-01-06 | 38.21x |
| 2026-01-05 | 38.14x |
| 2026-01-02 | 35.70x |
| 2025-12-31 | 31.51x |
| 2025-12-30 | 30.99x |
| 2025-12-29 | 31.85x |
| 2025-12-26 | 30.96x |
| 2025-12-24 | 32.91x |
| 2025-12-23 | 33.33x |
| 2025-12-22 | 35.32x |
| 2025-12-19 | 35.40x |
| 2025-12-18 | 30.78x |
| 2025-12-17 | 28.56x |
| 2025-12-16 | 31.18x |
| 2025-12-15 | 29.71x |
| 2025-12-12 | 35.41x |
| 2025-12-11 | 38.80x |
| 2025-12-10 | 39.07x |
| 2025-12-09 | 41.15x |
| 2025-12-08 | 40.38x |
| 2025-12-05 | 39.34x |
| 2025-12-04 | 39.24x |
| 2025-12-03 | 37.16x |
| 2025-12-02 | 35.63x |
| 2025-12-01 | 35.82x |
| 2025-11-28 | 34.52x |
| 2025-11-26 | 32.00x |
| 2025-11-25 | 30.60x |
| 2025-11-24 | 30.65x |
| 2025-11-21 | 27.50x |
| 2025-11-20 | 27.83x |
| 2025-11-19 | 29.84x |
| 2025-11-18 | 29.55x |
| 2025-11-17 | 29.66x |
| 2025-11-14 | 30.49x |
| 2025-11-13 | 29.80x |
| 2025-11-12 | 33.72x |
| 2025-11-11 | 36.24x |
| 2025-11-10 | 39.59x |
| 2025-11-07 | 39.06x |
| 2025-11-06 | 39.17x |
| 2025-11-05 | 41.52x |
| 2025-11-04 | 39.15x |
| 2025-11-03 | 41.26x |
| 2025-10-31 | 43.36x |
| 2025-10-30 | 42.53x |
| 2025-10-29 | 43.07x |
| 2025-10-28 | 42.97x |
| 2025-10-27 | 42.99x |
| 2025-10-24 | 41.92x |
| 2025-10-23 | 41.86x |
| 2025-10-22 | 38.63x |
| 2025-10-21 | 40.88x |
| 2025-10-20 | 44.80x |
| 2025-10-17 | 42.86x |
| 2025-10-16 | 45.67x |
| 2025-10-15 | 46.98x |
| 2025-10-14 | 43.80x |
| 2025-10-13 | 42.86x |
| 2025-10-10 | 42.57x |
| 2025-10-09 | 37.08x |
| 2025-10-08 | 29.15x |
| 2025-10-07 | 28.56x |
| 2025-10-06 | 28.94x |
| 2025-10-03 | 27.84x |
| 2025-10-02 | 27.78x |
| 2025-10-01 | 26.41x |
| 2025-09-30 | 24.49x |
| 2025-09-29 | 23.75x |
| 2025-09-26 | 23.34x |
| 2025-09-25 | 24.16x |
| 2025-09-24 | 24.96x |
| 2025-09-23 | 26.10x |
| 2025-09-22 | 25.90x |
| 2025-09-19 | 22.19x |
| 2025-09-18 | 21.66x |
| 2025-09-17 | 21.58x |
| 2025-09-16 | 21.24x |
| 2025-09-15 | 21.13x |
| 2025-09-12 | 20.51x |
| 2025-09-11 | 19.11x |
| 2025-09-10 | 18.92x |
| 2025-09-09 | 17.26x |
| 2025-09-08 | 16.05x |
| 2025-09-05 | 16.04x |
| 2025-09-04 | 16.45x |
| 2025-09-03 | 16.49x |
| 2025-09-02 | 17.32x |
| 2025-08-29 | 17.99x |
| 2025-08-28 | 18.57x |
| 2025-08-27 | 18.66x |
| 2025-08-26 | 18.44x |
| 2025-08-25 | 17.96x |
| 2025-08-22 | 18.05x |
| 2025-08-21 | 17.79x |
| 2025-08-20 | 17.74x |
| 2025-08-19 | 17.39x |
| 2025-08-18 | 18.32x |
| 2025-08-15 | 16.22x |
| 2025-08-14 | 16.65x |
| 2025-08-13 | 16.89x |
| 2025-08-12 | 17.04x |
| 2025-08-11 | 16.17x |
| 2025-08-08 | 16.33x |
| 2025-08-07 | 16.36x |
| 2025-08-06 | 16.88x |
| 2025-08-05 | 16.97x |
| 2025-08-04 | 16.09x |
| 2025-08-01 | 14.76x |
| 2025-07-31 | 15.34x |
| 2025-07-30 | 12.43x |
| 2025-07-29 | 16.52x |
| 2025-07-28 | 17.05x |
| 2025-07-25 | 17.25x |
| 2025-07-24 | 17.77x |
| 2025-07-23 | 17.46x |
| 2025-07-22 | 17.48x |
| 2025-07-21 | 17.64x |
| 2025-07-18 | 18.62x |
| 2025-07-17 | 17.44x |
| 2025-07-16 | 16.45x |
| 2025-07-15 | 16.35x |
| 2025-07-14 | 15.83x |
| 2025-07-11 | 15.43x |
| 2025-07-10 | 15.61x |
| 2025-07-09 | 15.82x |
| 2025-07-08 | 15.48x |
| 2025-07-07 | 15.99x |
| 2025-07-03 | 16.90x |
| 2025-07-02 | 17.03x |
| 2025-07-01 | 16.11x |
| 2025-06-30 | 16.46x |
| 2025-06-27 | 16.82x |
| 2025-06-26 | 17.03x |
| 2025-06-25 | 16.17x |
| 2025-06-24 | 16.75x |
| 2025-06-23 | 16.23x |
| 2025-06-20 | 16.77x |
| 2025-06-18 | 17.09x |
| 2025-06-17 | 17.53x |
| 2025-06-16 | 18.18x |
| 2025-06-13 | 17.75x |
| 2025-06-12 | 19.29x |
| 2025-06-11 | 18.76x |
| 2025-06-10 | 19.25x |
| 2025-06-09 | 19.88x |
| 2025-06-06 | 20.85x |
| 2025-06-05 | 19.59x |
| 2025-06-04 | 20.14x |
| 2025-06-03 | 16.67x |
| 2025-06-02 | 16.55x |
| 2025-05-30 | 12.71x |
Showing the most recent 260 of 1,023 data points. The chart above shows the full history.
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About Applied Digital Corporation
Applied Digital Corporation (ADC) is a North American firm specializing in digital infrastructure and cloud-based solutions, primarily serving the high-performance computing (HPC) and artificial intelligence (AI) sectors. Its business is structured around three key segments: Data Center Hosting, Cloud Services, and dedicated HPC Hosting. ADC offers essential infrastructure support to cryptocurrency mining clients. Furthermore, it delivers robust GPU computing capabilities crucial for intensive AI, machine learning, and various other HPC workloads. The company also undertakes the comprehensive design, construction, and management of data centers specifically engineered to facilitate HPC applications. Formerly known as Applied Blockchain, Inc., the company officially adopted the name Applied Digital Corporation in November 2022. Its corporate headquarters are situated in Dallas, Texas.
- Sector
- Technology
- Industry
- Information Technology Services
- CEO
- Wesley Cummins