AppLovin (APP) - P/S ratio

P/S ratio as of January 2026 (TTM): 40.4

According to AppLovin's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 151. At the end of 2025 the company had a P/S ratio of 41.0.

P/S ratio history for AppLovin from 2021 to 2025

PS ratio at the end of each year

Year	P/S ratio	Change
2025	41.0	45.12%
2024	28.3	593.88%
2023	4.08	193.37%
2022	1.39	-89%
2021	12.6

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for AppLovin (APP)