APP vs. SNPS: AppLovin vs. Synopsys Stock Comparison
How do AppLovin (APP) and Synopsys (SNPS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
AppLovin (APP) and Synopsys (SNPS) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
Synopsys (SNPS) has more than two decades of public-market history since February 26, 1992, whereas AppLovin (APP) listed on April 15, 2021 and has a much shorter record to draw on.
| Profile Item | APP | SNPS |
|---|---|---|
| Name | AppLovin Corporation Class A Common Stock | Synopsys Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 129.62 billion USD | 86.32 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | April 15, 2021 | February 26, 1992 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | APP | SNPS |
|---|---|---|
| Total Return (1Y) | -34.71% | 18.77% |
| Total Return (3Y, Annualized) | 116.87% | -2.57% |
| Total Return (5Y, Annualized) | 31.34% | 6.06% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
AppLovin (APP) carries a highly aggressive beta of 2.25, indicating much higher sensitivity to broad-market moves, whereas Synopsys (SNPS) is closer to market-like at 1.17 — a noticeable difference in market-sensitivity profile.
| Metric | APP | SNPS |
|---|---|---|
| Volatility (1Y, Annualized) | 80.36% | 45.03% |
| Beta (5Y) | 2.25 | 1.17 |
| Max Drawdown (5Y) | -91.90% | -43.02% |
| Avg. Volume (3M) | 5.33M | 2.11M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | APP | SNPS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.49 | 0.32 |
| Sortino Ratio (1Y) | -0.69 | 0.49 |
Profitability
ROE (TTM)
AppLovin (APP) at 210.09% clears its industry range for ROE, a sharper capital-efficiency signal than Synopsys (SNPS) at 3.66%, which is closer to a typical peer reading.
APP
Software & Services industry group
210.09%
- APP
- 210.09%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
SNPS
Software & Services industry group
3.66%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- SNPS
- 3.66%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
AppLovin (APP) at 65.89% converts revenue to bottom-line profit above its industry’s benchmark range, while Synopsys (SNPS) at 11.43% keeps roughly the typical share for its industry.
APP
Software & Services industry group
65.89%
- APP
- 65.89%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
SNPS
Software & Services industry group
11.43%
- Max
- 41.17%
- Q3
- 15.28%
- SNPS
- 11.43%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
AppLovin (APP) at 78.22% turns sales into operating profit above its industry’s benchmark range, while Synopsys (SNPS) at 14.52% operates around its industry’s norm.
APP
Software & Services industry group
78.22%
- APP
- 78.22%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
SNPS
Software & Services industry group
14.52%
- Max
- 46.89%
- Q3
- 17.64%
- SNPS
- 14.52%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | APP | SNPS |
|---|---|---|
| ROE (TTM) | 210.09% | 3.66% |
| ROA (TTM) | 49.57% | 1.35% |
| Net Margin (TTM) | 65.89% | 11.43% |
| Operating Margin (TTM) | 78.22% | 14.52% |
| Gross Margin (TTM) | 88.78% | 82.92% |
Growth
Revenue Growth
AppLovin (APP) at 69.99% clears its industry range for revenue growth, far stronger top-line momentum than Synopsys (SNPS) at 15.12%, which is closer to a typical peer reading.
EPS Growth
AppLovin (APP) at 115.23% sits in the top EPS growth quartile, while Synopsys (SNPS) at -44.59% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | APP | SNPS |
|---|---|---|
| Revenue Growth (YoY) | 69.99% | 15.12% |
| Revenue Growth (3Y CAGR) | 24.84% | 15.19% |
| EPS Growth (YoY) | 115.23% | -44.59% |
| EPS Growth (3Y CAGR) | -- | 8.53% |
Financial Strength
Current Ratio (MRQ)
Synopsys (SNPS) at 1.34 keeps current ratio within its industry’s typical mid-range, while AppLovin (APP) at 3.81 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
APP
Software & Services industry group
3.81
- Max
- 5.11
- APP
- 3.81
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
SNPS
Software & Services industry group
1.34
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- SNPS
- 1.34
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both AppLovin (APP) at 1.07 and Synopsys (SNPS) at 0.35 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
APP
Software & Services industry group
1.07
- Max
- 2.52
- Q3
- 1.13
- APP
- 1.07
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
SNPS
Software & Services industry group
0.35
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- SNPS
- 0.35
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | APP | SNPS |
|---|---|---|
| Current Ratio (MRQ) | 3.81 | 1.34 |
| Debt / Equity (MRQ) | 1.07 | 0.35 |
| Net Debt / EBITDA | 0.06 | 3.49 |
Dividends
Dividend Yield (TTM)
Neither AppLovin (APP) nor Synopsys (SNPS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
APP
Software & Services industry group
0.00%
- APP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SNPS
Software & Services industry group
0.00%
- SNPS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither AppLovin (APP) nor Synopsys (SNPS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
APP
Software & Services industry group
0.00%
- APP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SNPS
Software & Services industry group
0.00%
- SNPS
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | APP | SNPS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
AppLovin (APP) at 26.34 is near its industry’s usual P/E ratio, while Synopsys (SNPS) at 79.59 sits in the richer quartile — SNPS needs stronger growth or earnings quality to justify the premium.
APP
Software & Services industry group
26.34
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- APP
- 26.34
- Q1
- 18.77
- Min
- 6.69
SNPS
Software & Services industry group
79.59
- Max
- 112.94
- SNPS
- 79.59
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Both AppLovin (APP) at 17.04 and Synopsys (SNPS) at 9.17 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
APP
Software & Services industry group
17.04
- Max
- 17.91
- APP
- 17.04
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
SNPS
Software & Services industry group
9.17
- Max
- 17.91
- SNPS
- 9.17
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Synopsys (SNPS) at 2.77 sits near its industry’s typical P/B ratio, while AppLovin (APP) at 39.29 prices above its benchmark range — APP looks rich relative to book.
APP
Software & Services industry group
39.29
- APP
- 39.29
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
SNPS
Software & Services industry group
2.77
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- SNPS
- 2.77
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | APP | SNPS |
|---|---|---|
| P/E Ratio (TTM) | 26.34 | 79.59 |
| P/S Ratio (TTM) | 17.04 | 9.17 |
| P/B Ratio (MRQ) | 39.29 | 2.77 |
| Free Cash Flow Yield (TTM) | 2.87% | 3.97% |