AppLovin price to free cash flow APP
Market value divided by free cash flow over the last twelve months, since 2022.
- Today, Oct 23, 2026
- n/m
- not a meaningful number
- Last meaningful
- 19.5×
- Aug 2024
- 5-year median
- 17.6×
- 5-year range
- 10.7× to 57.1×
- Peer median
- 23.0×
AppLovin's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.
It was last meaningful in Aug 2024, at 19.5×.
On the days it had one over the last 5 years, its median was 17.6×, from 10.7× in May 2023 to 57.1× in May 2022.
Price to free cash flow over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2024 | 19.5× | 14.6× | 24.6× |
| 2023 | 15.3× | 10.7× | 17.6× |
| 2022 | 11.7× | 10.9× | 57.1× |
Against its peers
Companies in Software - Application nearest AppLovin's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| APPAppLovin | n/m |
| CDNSCadence Design Systems | 51.9× |
| INTUIntuit | 10.6× |
| DDOGDatadog | 81.9× |
| ADBEAdobe | 9.7× |
| SNOWSnowflake | 96.1× |
| ADPAutomatic Data Processing | 23.0× |
| TEAMAtlassian | 43.7× |
| MSTRStrategy | n/m |
| UBERUber Technologies | 13.5× |
| ADSKAutodesk | 18.6× |
| Peer median | 23.0× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on AppLovin
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.