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 | 160.27 billion USD | 87.00 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
Performance Metrics
| Metric | APP | SNPS |
|---|---|---|
| Total Return (1Y) | 37.31% | -8.34% |
Risk Profile
Drawdown History
AppLovin (APP) carries a highly aggressive beta of 2.51, indicating much higher sensitivity to broad-market moves, whereas Synopsys (SNPS) is closer to market-like at 1.22 — a noticeable difference in market-sensitivity profile.
Risk Metrics
| Metric | APP | SNPS |
|---|---|---|
| Volatility (1Y, Annualized) | 71.28% | 56.75% |
| Beta (5Y) | 2.51 | 1.22 |
| Avg. Volume (3M) | 4.88M | 1.89M |
Risk-Adjusted Performance
Risk-Return Positioning
Profitability
ROE (TTM)
AppLovin (APP) at 266.44% clears its industry range for ROE, a sharper capital-efficiency signal than Synopsys (SNPS) at 3.82%, which is closer to a typical peer reading.
APP
Software & Services industry group
266.44%
- APP
- 266.44%
- Max
- 53.38%
- Q3
- 16.53%
- Median
- 5.38%
- Q1
- -13.43%
- Min
- -55.27%
SNPS
Software & Services industry group
3.82%
- Max
- 53.38%
- Q3
- 16.53%
- Median
- 5.38%
- SNPS
- 3.82%
- Q1
- -13.43%
- Min
- -55.27%
Net Margin (TTM)
AppLovin (APP) at 64.29% converts revenue to bottom-line profit above its industry’s benchmark range, while Synopsys (SNPS) at 8.91% keeps roughly the typical share for its industry.
APP
Software & Services industry group
64.29%
- APP
- 64.29%
- Max
- 44.20%
- Q3
- 14.93%
- Median
- 3.32%
- Q1
- -5.99%
- Min
- -34.99%
SNPS
Software & Services industry group
8.91%
- Max
- 44.20%
- Q3
- 14.93%
- SNPS
- 8.91%
- Median
- 3.32%
- Q1
- -5.99%
- Min
- -34.99%
Operating Margin (TTM)
AppLovin (APP) at 78.15% turns sales into operating profit above its industry’s benchmark range, while Synopsys (SNPS) at 10.38% operates around its industry’s norm.
APP
Software & Services industry group
78.15%
- APP
- 78.15%
- Max
- 60.45%
- Q3
- 16.49%
- Median
- 4.46%
- Q1
- -12.92%
- Min
- -53.94%
SNPS
Software & Services industry group
10.38%
- Max
- 60.45%
- Q3
- 16.49%
- SNPS
- 10.38%
- Median
- 4.46%
- Q1
- -12.92%
- Min
- -53.94%
Profitability Metrics
| Metric | APP | SNPS |
|---|---|---|
| ROE (TTM) | 266.44% | 3.82% |
| ROA (TTM) | 44.24% | 1.49% |
| Net Margin (TTM) | 64.29% | 8.91% |
| Operating Margin (TTM) | 78.15% | 10.38% |
| Gross Margin (TTM) | 88.37% | 82.60% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | APP | SNPS |
|---|---|---|
| Revenue Growth (YoY) | 69.99% | 15.12% |
| Revenue Growth (3Y CAGR) | 24.84% | 15.19% |
EPS Growth
EPS Growth Metrics
| Metric | APP | SNPS |
|---|---|---|
| EPS Growth (YoY) | 115.23% | -44.59% |
| EPS Growth (3Y CAGR) | -- | 8.53% |
Financial Strength
Current Ratio (MRQ)
Synopsys (SNPS) at 1.43 keeps current ratio within its industry’s typical mid-range, while AppLovin (APP) at 3.24 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
3.24
- Max
- 5.55
- APP
- 3.24
- Q3
- 2.88
- Median
- 1.72
- Q1
- 1.07
- Min
- 0.03
SNPS
Software & Services industry group
1.43
- Max
- 5.55
- Q3
- 2.88
- Median
- 1.72
- SNPS
- 1.43
- Q1
- 1.07
- Min
- 0.03
Debt / Equity (MRQ)
Synopsys (SNPS) at 0.36 carries an industry-typical debt-to-equity mix, while AppLovin (APP) at 1.63 uses more debt funding than most peers.
APP
Software & Services industry group
1.63
- Max
- 2.31
- APP
- 1.63
- Q3
- 1.06
- Median
- 0.32
- Q1
- 0.06
- Min
- 0.00
SNPS
Software & Services industry group
0.36
- Max
- 2.31
- Q3
- 1.06
- SNPS
- 0.36
- Median
- 0.32
- Q1
- 0.06
- Min
- 0.00
Financial Strength Metrics
| Metric | APP | SNPS |
|---|---|---|
| Current Ratio (MRQ) | 3.24 | 1.43 |
| Debt / Equity (MRQ) | 1.63 | 0.36 |
| Net Debt / EBITDA | 0.22 | 4.93 |
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 41.49 is near its industry’s usual P/E ratio, while Synopsys (SNPS) at 104.21 sits in the richer quartile — SNPS needs stronger growth or earnings quality to justify the premium.
APP
Software & Services industry group
41.49
- Max
- 114.57
- Q3
- 59.78
- APP
- 41.49
- Median
- 29.42
- Q1
- 16.20
- Min
- 0.40
SNPS
Software & Services industry group
104.21
- Max
- 114.57
- SNPS
- 104.21
- Q3
- 59.78
- Median
- 29.42
- Q1
- 16.20
- Min
- 0.40
P/S Ratio (TTM)
Both look expensive on sales: Synopsys (SNPS) at 10.02 sits in the upper P/S ratio quartile, and AppLovin (APP) at 26.00 prices even higher, above its industry range.
APP
Software & Services industry group
26.00
- APP
- 26.00
- Max
- 17.86
- Q3
- 8.79
- Median
- 4.10
- Q1
- 2.13
- Min
- 0.03
SNPS
Software & Services industry group
10.02
- Max
- 17.86
- SNPS
- 10.02
- Q3
- 8.79
- Median
- 4.10
- Q1
- 2.13
- Min
- 0.03
P/B Ratio (MRQ)
Synopsys (SNPS) at 2.85 sits near its industry’s typical P/B ratio, while AppLovin (APP) at 67.88 prices above its benchmark range — APP looks rich relative to book.
APP
Software & Services industry group
67.88
- APP
- 67.88
- Max
- 17.72
- Q3
- 8.62
- Median
- 3.82
- Q1
- 1.97
- Min
- -7.65
SNPS
Software & Services industry group
2.85
- Max
- 17.72
- Q3
- 8.62
- Median
- 3.82
- SNPS
- 2.85
- Q1
- 1.97
- Min
- -7.65
Valuation Metrics
| Metric | APP | SNPS |
|---|---|---|
| P/E Ratio (TTM) | 41.49 | 104.21 |
| P/S Ratio (TTM) | 26.00 | 10.02 |
| P/B Ratio (MRQ) | 67.88 | 2.85 |
| Free Cash Flow Yield (TTM) | 1.98% | 4.07% |