Appfolio Inc (APPF)
Return on equity (ROE)
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 140,923 | 203,743 | 203,103 | 196,788 | 204,068 | 131,602 | 125,041 | 76,475 | 2,702 | -47,266 | -77,873 | -88,942 | -68,119 | -49,750 | -45,729 | -13,738 | 1,028 | 1,846 | 139,663 | 156,899 |
| Total stockholders’ equity | US$ in thousands | 542,579 | 498,868 | 455,646 | 462,119 | 519,290 | 412,827 | 371,412 | 339,195 | 297,312 | 262,656 | 225,953 | 240,569 | 265,546 | 271,872 | 264,991 | 288,743 | 297,381 | 291,699 | 287,267 | 285,784 |
| ROE | 25.97% | 40.84% | 44.57% | 42.58% | 39.30% | 31.88% | 33.67% | 22.55% | 0.91% | -18.00% | -34.46% | -36.97% | -25.65% | -18.30% | -17.26% | -4.76% | 0.35% | 0.63% | 48.62% | 54.90% |
December 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $140,923K ÷ $542,579K
= 25.97%
Peer comparison
Dec 31, 2025
Company name
Symbol
ROE
Appfolio Inc
APPF
25.97%
Adobe Systems Incorporated
ADBE
61.34%
Bentley Systems Inc
BSY
21.88%
Fair Isaac Corporation
FICO
—
Guidewire Software Inc
GWRE
4.79%
Manhattan Associates Inc
MANH
69.86%
PTC Inc
PTC
19.33%
Q2 Holdings
QTWO
0.84%
Roper Technologies, Inc.
ROP
7.85%
ServiceNow Inc
NOW
13.48%