Applovin Corp (APP)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,894,260 | 656,235 | -33,314 | 149,481 | -57,833 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,089,820 | 1,256,330 | 1,902,680 | 2,138,090 | -158,545 |
| Return on total capital | 173.81% | 52.23% | -1.75% | 6.99% | — |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,894,260K ÷ ($—K + $1,089,820K)
= 173.81%