Last 48 quarters of trend data · Technology · Vertical Industry Software
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 48.33 | 38.86 | 34.26 | 33.44 | 52.88 | 74.10 | 58.15 | 63.92 | 22.11 | 65.39 | 75.48 | 58.75 | 52.18 | 63.41 | — | — | — | — | — | — | — |
| — | -47.6% | -41.1% | -47.7% | +139.2% | +13.3% | -23.0% | +8.8% | -57.6% | +3.1% | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 7.58 | 6.03 | 5.08 | 5.39 | 8.48 | 10.02 | 8.85 | 9.25 | 11.14 | 10.51 | 11.38 | 12.07 | 9.22 | 10.07 | 10.41 | 8.10 | 7.48 | 7.33 | 6.74 | 9.36 | 11.00 |
| — | -39.8% | -42.6% | -41.8% | -23.8% | -4.7% | -22.3% | -23.3% | +20.8% | +4.4% | +9.4% | +48.9% | +23.3% | +37.3% | +54.4% | -13.4% | -32.0% | -32.6% | -52.4% | -41.5% | -48.5% | |
| P/B Ratio | 15.45 | 12.25 | 10.86 | 12.02 | 15.52 | 20.04 | 18.30 | 17.44 | 17.48 | 20.96 | 24.19 | 26.68 | 21.32 | 25.37 | 27.09 | 18.34 | 13.98 | 13.50 | 11.95 | 13.66 | 14.14 |
| — | -38.9% | -40.6% | -31.1% | -11.2% | -4.4% | -24.4% | -34.6% | -18.0% | -17.4% | -10.7% | +45.5% | +52.5% | +87.9% | +126.8% | +34.3% | -1.1% | -5.5% | -31.9% | -22.7% | -34.6% | |
| P/FCF | 29.33 | 18.62 | 16.31 | 41.48 | 33.07 | 29.84 | 39.80 | 52.69 | 62.38 | 38.75 | 45.45 | 55.98 | 56.46 | 50.48 | — | — | 169.24 | 60.52 | 350.82 | — | 175.37 |
| — | -37.6% | -59.0% | -21.3% | -47.0% | -23.0% | -12.4% | -5.9% | +10.5% | -23.2% | — | — | -66.6% | -16.6% | — | — | -3.5% | -22.0% | +268.6% | — | — | |
| EV / EBITDA | 36.22 | 27.64 | 23.63 | 24.59 | 42.46 | 60.72 | 44.29 | 49.60 | 79.78 | 45.94 | 54.39 | 56.71 | 45.07 | 661.25 | 2479.83 | — | — | 823.48 | — | — | — |
| — | -54.5% | -46.6% | -50.4% | -46.8% | +32.2% | -18.6% | -12.5% | +77.0% | -93.1% | -97.8% | — | — | -19.7% | — | — | — | +556.6% | — | — | — | |
| EV / EBIT | 53.68 | 28.94 | 27.32 | 26.09 | 45.96 | 67.78 | 49.46 | 54.65 | 83.54 | 46.32 | 56.76 | 60.90 | 51.21 | 1128.90 | — | — | — | — | — | — | 194.97 |
| — | -57.3% | -44.8% | -52.3% | -45.0% | +46.3% | -12.9% | -10.3% | +63.1% | -95.9% | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.3% | 64.3% | 63.5% | 63.8% | 61.5% | 63.3% | 64.4% | 63.5% | 60.0% | 65.2% | 62.4% | 62.7% | 64.3% | 62.1% | 60.7% | 58.7% | 59.4% | 59.5% | 59.6% | 58.8% | 59.1% |
| — | +1.5% | -1.4% | +0.5% | +2.5% | -2.9% | +3.3% | +1.2% | -6.8% | +5.0% | +2.8% | +6.9% | +8.3% | +4.4% | +1.8% | -0.2% | +0.5% | -0.2% | -5.6% | +1.8% | +0.7% | |
| Operating Margin | 16.1% | 19.4% | 18.8% | 19.4% | 17.6% | 14.1% | 17.2% | 15.5% | 11.3% | 20.7% | 18.3% | 18.2% | 16.4% | -0.0% | -0.5% | -19.5% | -16.1% | -6.3% | -25.5% | -13.9% | -7.7% |
| — | +38.1% | +9.6% | +24.7% | +55.8% | -32.1% | -5.8% | -14.7% | -31.4% | +51188.6% | +4053.6% | +193.3% | +202.2% | +99.4% | +98.2% | -39.9% | -109.4% | -45864.7% | -2079.9% | -93.9% | -102.1% | |
| Net Margin | 14.8% | 15.5% | 14.8% | 16.2% | 16.1% | 13.5% | 15.3% | 14.4% | 50.4% | 16.0% | 15.0% | 20.6% | 17.6% | 16.0% | -12.9% | -25.8% | -15.9% | -3.3% | -25.5% | -13.6% | -1.4% |
| — | +15.2% | -3.2% | +12.2% | -68.1% | -15.9% | +1.6% | -30.1% | +186.4% | +0.4% | +217.0% | +180.0% | +210.9% | +580.4% | +49.6% | -90.1% | -1040.5% | -2160.5% | -1224.2% | -2335.7% | -96.6% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 26.5% | 8.3% | 8.3% | 8.4% | 7.7% | 7.0% | 7.8% | 6.4% | 22.0% | 8.4% | 8.3% | 12.1% | 10.8% | 10.8% | -8.1% | -13.9% | -7.3% | -1.6% | -10.8% | -4.9% | -0.5% |
| — | +17.7% | +6.4% | +31.0% | -65.2% | -16.2% | -6.1% | -47.4% | +103.9% | -22.2% | +203.0% | +187.6% | +247.5% | +798.1% | +25.1% | -184.6% | -1522.4% | -3083.8% | -1634.8% | -3008.8% | -151.2% | |
| ROA | 20.9% | 6.7% | 6.8% | 6.5% | 5.9% | 5.6% | 6.4% | 5.3% | 17.9% | 6.6% | 6.5% | 9.1% | 7.7% | 7.2% | -5.2% | -9.3% | -5.1% | -1.1% | -7.7% | -3.5% | -0.3% |
| — | +21.0% | +6.4% | +23.6% | -67.2% | -15.4% | -1.6% | -42.2% | +132.4% | -9.1% | +223.4% | +197.7% | +249.5% | +761.8% | +32.3% | -164.1% | -1475.2% | -3028.0% | -1587.3% | -2935.8% | -146.8% | |
| ROIC | 22.4% | 12.4% | 11.3% | 8.8% | 6.7% | 6.0% | 7.0% | 5.3% | 3.8% | 8.6% | 8.0% | 8.3% | 7.9% | -0.0% | -0.2% | -9.2% | -5.9% | -2.2% | -7.8% | -3.7% | -2.0% |
| — | +108.7% | +61.0% | +67.1% | +78.3% | -30.4% | -12.0% | -36.6% | -51.8% | +41822.0% | +3452.0% | +190.3% | +233.8% | +99.1% | +97.0% | -147.6% | -199.8% | -61777.1% | -2714.5% | -105.0% | -72.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.13 | 0.04 | 0.07 | 0.08 | 0.13 | 0.08 | 0.09 | 0.09 | 0.08 | 0.10 | 0.12 | 0.13 | 0.15 | 0.17 | 0.19 | 0.20 | 0.20 | 0.21 | 0.22 | 0.20 | 0.19 |
| — | -45.7% | -21.9% | -10.7% | +63.8% | -21.8% | -25.4% | -32.5% | -46.6% | -40.2% | -38.1% | -35.1% | -25.4% | -19.9% | -13.1% | +1.9% | +4.2% | +4.9% | +12.3% | +36.1% | +31.9% | |
| Debt / EBITDA | 0.40 | 0.40 | 0.61 | 0.66 | 1.45 | 0.96 | 0.85 | 1.00 | 1.47 | 0.88 | 1.05 | 1.11 | 1.27 | 17.57 | 68.83 | — | — | 51.36 | — | — | — |
| — | -58.4% | -27.7% | -34.6% | -1.5% | +8.2% | -19.5% | -9.7% | +15.3% | -95.0% | -98.5% | — | — | -65.8% | — | — | — | +626.8% | — | — | — | |
| Current Ratio | 3.20 | 4.00 | 3.83 | 3.52 | 3.20 | 3.01 | 2.92 | 4.64 | 5.30 | 6.20 | 5.51 | 5.47 | 3.90 | 3.24 | 2.80 | 2.65 | 3.28 | 3.06 | 2.86 | 3.14 | 3.01 |
| — | +32.6% | +31.3% | -24.1% | -39.6% | -51.4% | -47.0% | -15.2% | +35.8% | +91.8% | +96.4% | +106.1% | +18.9% | +5.7% | -1.9% | -15.4% | +9.0% | -23.7% | -26.6% | -25.5% | -24.7% | |
| Quick Ratio | 3.20 | 4.00 | 3.83 | 3.52 | 3.20 | 3.01 | 2.92 | 4.64 | 5.30 | 6.20 | 5.51 | 5.47 | 3.90 | 3.24 | 2.80 | 2.65 | 3.28 | 3.06 | 2.86 | 3.14 | 3.01 |
| — | +32.6% | +31.3% | -24.1% | -39.6% | -51.4% | -47.0% | -15.2% | +35.8% | +91.8% | +96.4% | +106.1% | +18.9% | +5.7% | -1.9% | -15.4% | +9.0% | -23.7% | -26.6% | -25.5% | -24.7% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying APPF stock.
AppFolio Inc.'s current P/E is 48.3x. The average P/E over the last 4 quarters is 39.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
AppFolio Inc.'s current operating margin is 16.1%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking AppFolio Inc.'s business trajectory between earnings reports.