Applovin Corp (APP)

Operating return on assets (Operating ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 1,873,460 648,207 -47,791 150,016 -62,042
Total assets US$ in thousands 5,869,260 5,359,190 5,847,850 6,163,580 2,154,590
Operating ROA 31.92% 12.10% -0.82% 2.43% -2.88%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $1,873,460K ÷ $5,869,260K
= 31.92%