- ISIN
- US03831W1080
- CUSIP
- 03831W108
- Sector
- Communication Services
- Industry
- Advertising Agencies
- IPO Date
- Apr 15, 2021
Highlights
- Market Cap
- $159.10B
- Enterprise Value
- $159.86B
- EPS (TTM)
- $11.64
- PE Ratio
- 40.35
- PEG Ratio
- 0.12
- Total Revenue (TTM)
- $6.16B
- Gross Profit (TTM)
- $5.45B
- EBITDA (TTM)
- $4.87B
- Year Range
- $320.00 - $745.61
- Target Price
- $648.14
- ROA (TTM)
- 51.42%
- ROE (TTM)
- 167.67%
Share Price Chart
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Performance
APP Performance Chart
AppLovin Corporation (APP) is down 30.3% since the beginning of the year. At $470 per share, APP is trading 37.0% below its 52-week high of $746. Investors who bought $1,000 worth of APP shares 5 years ago would now be looking at an investment worth $5,325.
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Returns By Period
AppLovin Corporation (APP) has returned -30.29% so far this year and 36.40% over the past 12 months.
AppLovin Corporation
- 1D
- -2.04%
- 1M
- -1.51%
- YTD
- -30.29%
- 6M
- -32.35%
- 1Y
- 36.40%
- 3Y*
- 169.60%
- 5Y*
- 39.72%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 1.08%
- 1M
- 2.00%
- YTD
- 9.57%
- 6M
- 10.71%
- 1Y
- 25.41%
- 3Y*
- 19.37%
- 5Y*
- 12.48%
- 10Y*
- 13.67%
APP Monthly Returns History
Based on dividend-adjusted daily data since Apr 15, 2021, APP's average daily return is +0.26%, while the average monthly return is +5.53%. At this rate, an investment would double in approximately 1.1 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2024 with a return of +98.8%, while the worst month was Jan 2022 at -31.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, APP closed higher 53% of trading days. The best single day was Nov 7, 2024 with a return of +46.3%, while the worst single day was Mar 27, 2025 at -20.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -29.79% | -8.10% | -8.46% | 12.15% | 37.36% | -23.39% | -30.29% | ||||||
| 2025 | 14.13% | -11.86% | -18.66% | 1.64% | 45.93% | -10.92% | 11.60% | 22.50% | 50.14% | -11.30% | -5.94% | 12.40% | 108.08% |
| 2024 | 3.21% | 45.20% | 15.91% | 1.95% | 15.46% | 2.14% | -7.35% | 20.45% | 40.57% | 29.75% | 98.80% | -3.84% | 712.62% |
| 2023 | 20.61% | 6.30% | 16.67% | 7.94% | 47.12% | 2.88% | 22.04% | 37.64% | -7.54% | -8.81% | 2.85% | 6.32% | 278.44% |
| 2022 | -31.66% | -9.84% | -5.18% | -30.72% | -0.10% | -9.63% | 3.19% | -30.70% | -20.87% | -12.98% | -15.04% | -26.93% | -88.83% |
| 2021 | -17.13% | 28.10% | 1.16% | -18.23% | 14.53% | 2.80% | 35.76% | -7.27% | 3.46% | 34.66% |
Benchmark Metrics
AppLovin Corporation has an annualized alpha of 45.85%, beta of 2.17, and R2 of 0.22 versus S&P 500 Index. Calculated based on daily prices since April 15, 2021.
- This stock captured 419.65% of S&P 500 Index gains and 182.19% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.22 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 45.85%
- Beta
- 2.17
- R²
- 0.22
- Upside Capture
- 419.65%
- Downside Capture
- 182.19%
Return for Risk
Risk / Return Rank
APP ranks 58 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for AppLovin Corporation (APP) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| APP | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.37 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 2.81 | -2.07 |
| Martin ratioReturn relative to average drawdown | 1.44 | 12.55 | -11.11 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the AppLovin Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AppLovin Corporation was 91.90%, occurring on Dec 27, 2022. Recovery took 431 trading sessions.
The current AppLovin Corporation drawdown is 35.97%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -91.90%Dec 2022 | 1y 1mo | 1y 8mo | 2y 10moNov 2021 - Sep 2024 |
2025 selloff2025 | -57.00%Apr 2025 | 1mo 15d | 5mo 7d | 6mo 22dFeb 2025 - Sep 2025 |
2026 bear market2026 | -49.99%Feb 2026 | 1mo 21d | — | 5mo 28dDec 2025 - now |
2021 bear market2021 | -36.66%Aug 2021 | 1mo 29d | 1mo 29d | 3mo 28dJun 2021 - Oct 2021 |
2021 bear market2021 | -28.76%May 2021 | 28d | 11d | 1mo 9dApr 2021 - May 2021 |
Drawdown Indicators
| APP | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.90% | -56.78% | -35.12% |
Max Drawdown (1Y)Largest decline over 1 year | -49.99% | -9.10% | -40.89% |
Max Drawdown (3Y)Largest decline over 3 years | -57.00% | -18.90% | -38.10% |
Max Drawdown (5Y)Largest decline over 5 years | -91.90% | -25.43% | -66.47% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -35.97% | -1.43% | -34.54% |
Average DrawdownAverage peak-to-trough decline | -42.49% | -10.71% | -31.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.28% | 2.03% | +23.25% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of AppLovin Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how AppLovin Corporation is priced in the market compared to other companies in the Advertising Agencies industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for APP, comparing it with other companies in the Advertising Agencies industry. Currently, APP has a P/E ratio of 40.4. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for APP compared to other companies in the Advertising Agencies industry. APP currently has a PEG ratio of 0.1. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for APP relative to other companies in the Advertising Agencies industry. Currently, APP has a P/S ratio of 25.9. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for APP in comparison with other companies in the Advertising Agencies industry. Currently, APP has a P/B value of 67.3. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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