AppLovin (XSWX:APP) Debt-to-EBITDA : 0.58 (As of Mar. 2026) — 86% Below Median


XSWX:APP AppLovin Corp XSWX:APP
94 GF Score
Price CHF443.20
GF Value CHF428.69
! 1 Warning Sign
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What is AppLovin Debt-to-EBITDA?

AppLovin XSWX:APP 94 Debt-to-EBITDA is 0.58 as of Mar. 2026, which is 86% below its 10-year median of 4.08. GuruFocus rates XSWX:APP with a GF Score™ of 94/100 and a GF Value™ of CHF428.69. The stock has 1 warning sign investors should review. Among 677 Media - Diversified companies, AppLovin ranks better than 69.87% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

AppLovin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF0 Mil. AppLovin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF3,514 Mil. AppLovin's annualized EBITDA for the quarter that ended in Mar. 2026 was CHF6,065 Mil. AppLovin's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.58.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for AppLovin's Debt-to-EBITDA or its related term are showing as below:

XSWX:APP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.71   Med: 4.08   Max: 8.6
Current: 0.71

During the past 7 years, the highest Debt-to-EBITDA Ratio of AppLovin was 8.60. The lowest was 0.71. And the median was 4.08.

XSWX:APP's Debt-to-EBITDA is ranked better than
69.87% of 677 companies
in the Media - Diversified industry
Industry Median: 1.69 vs XSWX:APP: 0.71

AppLovin  (XSWX:APP) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


AppLovin Debt-to-EBITDA Related Terms


AppLovin Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for AppLovin's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AppLovin Debt-to-EBITDA Chart

AppLovin Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 5.74 6.39 2.51 1.50 0.81

AppLovin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.89 0.79 0.66 0.58

XSWX:APP vs : Debt-to-EBITDA Comparison

For the Advertising Agencies subindustry, AppLovin's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AppLovin Debt-to-EBITDA vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AppLovin's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where AppLovin's Debt-to-EBITDA falls into.


XSWX:APP
94GF Score
AppLovin Corp XSWX:APP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AppLovin Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

AppLovin's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(13.943 + 3530.798) / 4354.704
=0.81

AppLovin's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3514.022) / 6064.928
=0.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.58 mean?
AppLovin (XSWX:APP) has a Debt-to-EBITDA of 0.58 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on AppLovin. This is 86% below median its historical median of 4.08. Over the past decade, AppLovin's Debt-to-EBITDA has ranged from 0.71 to 8.60. According to the industry distribution chart, AppLovin ranks #204 out of 677 companies in the Media - Diversified industry, placing it in the top 30.1%.
Is AppLovin's Debt-to-EBITDA too high?
AppLovin's current Debt-to-EBITDA of 0.58 is 86% below median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 8.60. The Media - Diversified industry median Debt-to-EBITDA is 1.69. AppLovin's value of 0.58 is 65.7% below this industry median. Based on the distribution chart, AppLovin ranks #204 out of 677 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, AppLovin has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does AppLovin's Debt-to-EBITDA compare to ?
According to the Media - Diversified industry distribution chart, AppLovin ranks #204 out of 677 companies for Debt-to-EBITDA. This puts AppLovin in the upper half of its industry. The industry median Debt-to-EBITDA is 1.69. AppLovin's value of 0.58 is 65.7% below this benchmark. Historically, AppLovin's own Debt-to-EBITDA has ranged from 0.71 to 8.60 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 1.69, AppLovin has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.69, based on 677 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AppLovin's current Debt-to-EBITDA of 0.58 is 65.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on AppLovin. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppLovin's current Debt-to-EBITDA is 0.58, which is 86% below median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppLovin stock overvalued right now?
AppLovin (XSWX:APP) has a current Debt-to-EBITDA of 0.58. The stock's GF Value™ is CHF428.69, compared to a current price of CHF443.20 — trading 3.4% above its estimated fair value. The current Debt-to-EBITDA is 0.58, which is 86% below median its 10-year median of 4.08 and 65.7% below the Media - Diversified industry median of 1.69. AppLovin's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For AppLovin (XSWX:APP), the current Debt-to-EBITDA is 0.58 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AppLovin (XSWX:APP) Overvalued in 2026?

Based on GuruFocus' analysis, AppLovin stock appears to be overvalued. The current stock price of CHF443.20 is trading 3.4% above its estimated GF Value™ of CHF428.69.

Key valuation signals for XSWX:APP:

  • Debt-to-EBITDA: 0.58 (86% below median its 10-year median of 4.08)
  • GF Value™: CHF428.69 vs. price of CHF443.20 (3.4% above fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 65.7% below the Media - Diversified median (#204 of 677)

No single metric tells the full story. See the XSWX:APP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AppLovin Business Description

Comparable Companies
Address 1100 Page Mill Road, Palo Alto, CA, USA, 94304
AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.
94GF Score

Get the complete analysis for XSWX:APP

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF443.20
Price
CHF428.69
GF Value