AppLovin (MEX:APP) EBIT : MXN36,402 Mil (TTM As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is AppLovin EBIT?

AppLovin's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was MXN12,708 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was MXN36,402 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AppLovin's annualized ROC % for the quarter that ended in Dec. 2024 was 69.07%. AppLovin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 341.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AppLovin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 1.52%.

AppLovin EBIT Historical Data

The historical data trend for AppLovin's EBIT 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.

* Premium members only.

AppLovin EBIT Chart

AppLovin Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

EBIT

Get a 7-Day Free Trial

-1,150.41

3,066.45

-649.49

11,139.10

39,506.22

AppLovin Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EBIT	Get a 7-Day Free Trial															4,251.71	5,678.03	7,326.81	10,689.51	12,707.86

Competitive Comparison of AppLovin's EBIT

For the Software - Application subindustry, AppLovin's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, AppLovin's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where AppLovin's EV-to-EBIT falls into.

AppLovin EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN36,402 Mil.

AppLovin (MEX:APP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

AppLovin's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	50719.392 * ( 1 - -16.32% )	/	( (82833.075	+	88004.193)	/ 2 )
=	58996.7967744	/	85418.634
=	69.07 %

where

	Invested Capital		(Q: Sep. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	107164.143	-	13154.932	-	( 11176.136	-	max(0, 15349.298	-	36927.582	+	11176.136	))
=	82833.075

	Invested Capital		(Q: Dec. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	122407.505	-	18940.667	-	( 15462.645	-	max(0, 22054.319	-	48222.341	+	15462.645	))
=	88004.193

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

AppLovin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	50831.432	/	( ( (3486.207 + max(11102.394, 0))	+	(4141.921 + max(11014.333, 0)) )	/	2 )
=	50831.432	/	( ( 14588.601	+	15156.254 )	/	2 )
=	50831.432	/	14872.4275
=	341.78 %

where Working Capital is:

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(23380.873	+	0	+	2370.573)	-	(13154.932	+	1494.12	+	1.8189894035459E-12)
=	11102.394

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(29495.09	+	0	+	3264.606)	-	(18940.667	+	1456.541	+	1348.155)
=	11014.333

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

AppLovin's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	36402.208	/	2392283.650
	=	1.52 %

AppLovin EBIT Related Terms

Thank you for viewing the detailed overview of AppLovin's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

AppLovin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AppLovin Corp (MEX:APP) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

APP:USA 6RV:Germany

Address

1100 Page Mill Road, Palo Alto, CA, USA, 94304

Website

https://www.applovin.com

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, and gaming studios, which develop mobile games. AppLovin announced in February 2025 its plans to divest from the lower-margin gaming studios to focus exclusively on the ad tech platform. 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.