Applovin Corp (APP) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.546x

Based on the latest financial reports, Applovin Corp (APP) has a cash flow conversion efficiency ratio of 0.546x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.29 Billion) by net assets ($2.36 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Applovin Corp (APP) defensive interval to measure how many days the company can operate on defensive assets alone.

Applovin Corp - Cash Flow Conversion Efficiency Trend (2018–2025)

This chart illustrates how Applovin Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Applovin Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Applovin Corp ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
Deutsche Telekom AG
XETRA:DTE
0.117x
Charles Schwab Corp
NYSE:SCHW
0.177x
BlackRock Inc
NYSE:BLK
-0.017x
Industria de Diseno Textil SA
MC:ITX
0.178x
Union Pacific Corporation
NYSE:UNP
0.126x
AT&T Inc.
NYSE:T
0.059x
Deere & Company
NYSE:DE
-0.034x
Gilead Sciences Inc
NASDAQ:GILD
0.147x

Annual Cash Flow Conversion Efficiency for Applovin Corp (2018–2025)

The table below shows the annual cash flow conversion efficiency of Applovin Corp from 2018 to 2025. For the full company profile with market capitalisation and key ratios, see APP market cap overview.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2025-12-31 $2.13 Billion $3.97 Billion 1.860x -3.41%
2024-12-31 $1.09 Billion $2.10 Billion 1.926x +127.95%
2023-12-31 $1.26 Billion $1.06 Billion 0.845x +289.47%
2022-12-31 $1.90 Billion $412.77 Million 0.217x +28.20%
2021-12-31 $2.14 Billion $361.85 Million 0.169x +112.01%
2020-12-31 $-158.24 Million $222.88 Million -1.409x -82.09%
2019-12-31 $-256.57 Million $198.46 Million -0.774x -110.51%
2018-12-31 $-378.36 Million $139.03 Million -0.367x --

About Applovin Corp

NASDAQ:APP USA Advertising Agencies
Market Cap
$157.51 Billion
Market Cap Rank
#146 Global
#81 in USA
Share Price
$515.20
Change (1 day)
-1.09%
52-Week Range
$324.70 - $733.60
All Time High
$733.60
About

AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps. The company offers Axon Ads Manager, a suite of marketing solutions that enables developers to automate, optimize, and manage marketing efforts; MAX, an in-app bidding technology that optimiz… Read more