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AppLovin Corporation (APP) Debt to Equity Ratio: 1.66

Is AppLovin Corporation’s debt to equity ratio high or low?

AppLovin Corporation's debt to equity ratio of 1.66 is 23% below its 4-year average of 2.15, near the low end of its 4-year range (1.56–3.26).

As of Tuesday, June 23, 2026. 32.52% below its 12-month average of 2.46.

APP Debt to Equity Ratio Chart

APP Debt to Equity Ratio
1.66-49.08% 1Y
Zoom

APP Average Debt to Equity Ratio Chart

APP Current vs Average Debt to Equity Ratio Chart

APP Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.66

DEBT TO EQUITY RATIO AVG TTM

2.46

DEBT TO EQUITY RATIO AVG 3Y

2.29

DEBT TO EQUITY RATIO AVG 5Y

N/A

DEBT TO EQUITY RATIO AVG 10Y

N/A

DEBT TO EQUITY RATIO AVG 15Y

N/A

DEBT TO EQUITY RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-32.52%

CURRENT VS 3Y AVG

-27.59%

CURRENT VS 5Y AVG

N/A

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

APP Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
AppLovin Corporation (APP)$157.69B1.662.462.29N/A
Uber Technologies, Inc. (UBER)vs ›$145.40B0.450.490.910.88
CrowdStrike Holdings, Inc. (CRWD)vs ›$171.94B0.190.210.330.49
SAP SE (SAP)vs ›$174.21B0.180.210.230.31
Shopify Inc. (SHOP)vs ›$140.12B0.010.060.100.11
Salesforce, Inc. (CRM)vs ›$122.95B0.290.240.230.22
Palo Alto Networks, Inc. (PANW)vs ›$195.18B0.040.155.114.69
Amphenol Corporation (APH)vs ›$204.17B1.160.950.790.79
Arista Networks, Inc. (ANET)vs ›$206.52B0.000.000.000.01
Cadence Design Systems, Inc. (CDNS)vs ›$107.30B0.450.500.390.32

Financial Health

Debt/Equity

1.66

Current Ratio

3.32

AppLovin Corporation Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

AppLovin Corporation Debt to Equity Ratio FAQ

What is the debt to equity ratio for AppLovin Corporation (APP)?
The debt to equity ratio for APP stock is 1.66.
Is AppLovin Corporation's debt to equity ratio high or low?
AppLovin Corporation's debt to equity ratio of 1.66 is 23% below its 4-year average of 2.15, near the low end of its 4-year range (1.56–3.26).
What is the TTM average debt to equity ratio for AppLovin Corporation (APP)?
The TTM average debt to equity ratio for APP stock is 2.46.
What is the 3Y average debt to equity ratio for AppLovin Corporation (APP)?
The 3Y average debt to equity ratio for APP stock is 2.29.

AppLovin Corporation Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2025-12-311.66
2024-12-313.26
2023-12-312.53
2022-12-311.72
2021-12-311.56

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