Free Trial
→ Musk's panic move: What the world's richest man fears is coming (From InvestorPlace) (Ad) Buy APPF Stock  Free APPF Stock Alerts

AppFolio (APPF) Financials

AppFolio logo
$221.86 -5.71 (-2.51%)
Closing price 04/15/2025 04:00 PM Eastern
Extended Trading
$218.56 -3.30 (-1.49%)
As of 04/15/2025 06:49 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Compare
Annual Income Statements for AppFolio

Annual Income Statements for AppFolio

This table shows AppFolio's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 -16 -8.28 9.72 20 36 158 1.03 -68 2.70 204
Consolidated Net Income / (Loss)		 -16 -8.28 9.72 20 36 158 1.03 -68 2.70 204
Net Income / (Loss) Continuing Operations		 -16 -8.28 9.72 20 36 158 1.03 -68 2.70 204
Total Pre-Tax Income 		-16 -8.21 9.77 20 4.82 197 1.73 -67 8.00 150
Total Operating Income		 -15 -8.42 9.34 20 6.46 9.78 -12 -72 0.96 136
Total Gross Profit		 41 61 89 117 154 310 359 472 620 794
Total Revenue		 75 106 144 190 256 310 359 472 620 794
Operating Revenue		 75 106 144 190 256 310 359 472 620 794
Total Cost of Revenue		 34 45 55 74 102 0.00 0.00 0.00 0.00 0.00
Total Operating Expenses		 56 69 79 97 148 300 371 544 619 659
Selling, General & Admin Expense		 14 18 21 25 34 47 57 101 93 86
Marketing Expense		 26 29 29 33 52 58 73 107 108 111
Research & Development Expense		 9.55 13 17 24 40 49 66 111 151 160
Depreciation Expense		 6.10 9.94 13 15 22 27 31 33 29 20
Other Operating Expenses / (Income)		 - - - - - 119 144 192 238 282
Total Other Income / (Expense), net		 -0.59 0.21 0.44 0.73 -1.64 187 14 5.65 7.03 15
Interest & Investment Income		 - - - - - - - 1.18 7.03 14
Other Income / (Expense), net		 0.01 -0.04 -0.10 -0.06 0.02 189 13 4.47 0.00 0.70
Income Tax Expense		 0.08 0.07 0.06 0.42 -31 38 0.71 1.40 5.30 -54
Basic Earnings per Share		 ($0.73) ($0.25) $0.29 $0.59 $1.07 $4.62 $0.03 ($1.95) $0.08 $5.63
Weighted Average Basic Shares Outstanding		 21.34M 33.56M 33.85M 34.13M 34.02M 34.26M 34.58M 35.01M 35.63M 36.25M
Diluted Earnings per Share		 ($0.73) ($0.25) $0.28 $0.56 $1.02 $4.44 $0.03 ($1.95) $0.07 $5.55
Weighted Average Diluted Shares Outstanding		 21.34M 33.56M 35.15M 35.56M 35.57M 35.71M 35.70M 35.01M 36.42M 36.78M
Weighted Average Basic & Diluted Shares Outstanding		 21.34M 33.10M 33.50M 43.40M 34.16M 34.40M 34.84M 35.40M 35.87M 36.40M

Quarterly Income Statements for AppFolio

This table shows AppFolio's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders		 -4.16 -20 -35 -19 26 30 39 30 33 103
Consolidated Net Income / (Loss)		 -4.16 -20 -35 -19 26 30 39 30 33 103
Net Income / (Loss) Continuing Operations		 -4.16 -20 -35 -19 26 30 39 30 33 103
Total Pre-Tax Income 		-3.22 -19 -25 0.75 1.47 31 37 40 47 27
Total Operating Income		 -7.82 -20 -27 -0.68 -0.07 28 34 36 43 23
Total Gross Profit		 125 124 136 147 165 172 187 197 206 204
Total Revenue		 125 124 136 147 165 172 187 197 206 204
Operating Revenue		 125 124 136 147 165 172 187 197 206 204
Total Operating Expenses		 133 144 163 148 166 144 153 161 163 181
Selling, General & Admin Expense		 19 25 32 19 24 19 21 20 21 23
Marketing Expense		 26 30 29 27 30 22 24 27 25 33
Research & Development Expense		 29 31 38 37 42 35 38 40 41 42
Depreciation Expense		 8.24 8.14 7.67 6.82 7.57 6.93 5.21 4.67 4.33 5.34
Other Operating Expenses / (Income)		 51 50 56 58 63 61 65 70 72 76
Total Other Income / (Expense), net		 4.60 0.77 1.38 1.42 1.54 2.69 2.99 3.48 4.01 4.20
Other Income / (Expense), net		 4.22 0.21 0.02 -0.05 -0.25 0.29 0.00 0.00 0.00 0.70
Income Tax Expense		 0.94 0.51 9.96 20 -25 0.66 -1.58 9.84 14 -76
Basic Earnings per Share		 ($0.12) ($0.56) ($0.99) ($0.53) $0.74 $0.86 $1.07 $0.82 $0.91 $2.83
Weighted Average Basic Shares Outstanding		 35.04M 35.01M 35.44M 35.57M 35.69M 35.63M 36.09M 36.24M 36.31M 36.25M
Diluted Earnings per Share		 ($0.12) ($0.56) ($0.99) ($0.53) $0.72 $0.87 $1.05 $0.81 $0.90 $2.79
Weighted Average Diluted Shares Outstanding		 35.04M 35.01M 35.44M 35.57M 36.48M 36.42M 36.67M 36.74M 36.76M 36.78M
Weighted Average Basic & Diluted Shares Outstanding		 35.16M 35.40M 35.49M 35.64M 35.76M 35.87M 36.21M 36.27M 36.33M 36.40M

Annual Cash Flow Statements for AppFolio

This table details how cash moves in and out of AppFolio's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents		 6.65 -1.36 5.41 58 -58 124 -82 13 -21 -7.01
Net Cash From Operating Activities		 -6.84 12 29 36 39 48 35 25 60 188
Net Cash From Continuing Operating Activities		 -6.84 12 29 36 39 48 35 25 60 188
Net Income / (Loss) Continuing Operations		 -16 -8.28 9.72 20 36 158 1.03 -68 2.70 204
Consolidated Net Income / (Loss)		 -16 -8.28 9.72 20 36 158 1.03 -68 2.70 204
Depreciation Expense		 6.10 9.94 13 15 22 26 29 31 27 18
Amortization Expense		 0.46 0.31 0.00 0.00 4.13 3.70 3.20 3.19 2.13 2.03
Non-Cash Adjustments To Reconcile Net Income		 0.21 4.50 6.22 6.56 5.44 -178 5.77 59 45 51
Changes in Operating Assets and Liabilities, net		 2.06 5.04 0.74 -4.84 -29 38 -3.64 0.77 -16 -86
Net Cash From Investing Activities		 -59 -13 -23 -4.64 -90 147 -110 -6.47 -56 -152
Net Cash From Continuing Investing Activities		 -59 -13 -23 -4.64 -90 147 -110 -6.47 -56 -152
Purchase of Property, Plant & Equipment		 -11 -15 -13 -14 -29 -45 -33 -21 -14 -7.19
Acquisitions		 -4.06 -0.00 0.00 -14 -54 - - 0.00 0.00 -77
Purchase of Investments		 -74 -32 -27 -30 -25 -44 -241 -79 -196 -317
Divestitures		 - - - 0.00 0.00 191 13 5.16 0.63 0.00
Sale and/or Maturity of Investments		 30 34 16 54 18 44 151 89 153 250
Net Cash From Financing Activities		 73 0.20 -1.13 26 -7.27 -70 -7.35 -6.16 -26 -43
Net Cash From Continuing Financing Activities		 73 0.20 -1.13 26 -7.27 -70 -7.35 -6.16 -26 -43
Other Financing Activities, net		 -1.86 0.24 -1.13 -2.09 -5.60 -17 -7.35 -6.16 -26 -43
Cash Income Taxes Paid		 0.09 0.03 0.03 0.08 0.55 0.09 9.32 3.34 8.09 14

Quarterly Cash Flow Statements for AppFolio

This table details how cash moves in and out of AppFolio's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents		 25 3.54 33 -79 35 -10 9.71 0.43 2.78 -20
Net Cash From Operating Activities		 16 6.08 1.57 -9.23 37 31 43 51 58 37
Net Cash From Continuing Operating Activities		 16 6.08 1.57 -9.23 37 31 43 51 58 37
Net Income / (Loss) Continuing Operations		 -4.16 -20 -35 -19 26 30 39 30 33 103
Consolidated Net Income / (Loss)		 -4.16 -20 -35 -19 26 30 39 30 33 103
Depreciation Expense		 7.66 7.53 6.94 6.20 6.98 6.39 4.69 4.20 3.91 4.99
Amortization Expense		 0.69 0.69 0.57 0.54 0.51 0.51 0.52 0.53 0.49 0.49
Non-Cash Adjustments To Reconcile Net Income		 6.73 15 11 5.06 17 12 12 12 16 11
Changes in Operating Assets and Liabilities, net		 5.09 2.55 18 -2.12 -14 -18 -13 4.33 4.64 -83
Net Cash From Investing Activities		 8.61 -1.38 36 -63 4.31 -33 -23 -38 -46 -44
Net Cash From Continuing Investing Activities		 8.61 -1.38 36 -63 4.31 -33 -23 -38 -46 -44
Purchase of Property, Plant & Equipment		 -4.12 -4.82 -1.96 -2.36 -5.00 -4.54 -2.55 -1.44 -1.95 -1.25
Purchase of Investments		 -25 -8.89 -1.29 -72 -35 -87 -57 -94 -114 -52
Sale and/or Maturity of Investments		 33 12 39 12 45 58 37 58 69 86
Net Cash From Financing Activities		 -0.01 -1.16 -4.71 -7.05 -5.83 -8.38 -10 -12 -8.57 -12
Net Cash From Continuing Financing Activities		 -0.01 -1.16 -4.71 -7.05 -5.83 -8.38 -10 -12 -8.57 -12
Other Financing Activities, net		 -0.01 -1.16 -4.71 -7.05 -5.83 -8.38 -10 -12 -8.57 -12

Annual Balance Sheets for AppFolio

This table presents AppFolio's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets		 90 93 110 176 260 389 408 381 409 627
Total Current Assets		 28 32 54 108 62 199 159 201 272 335
Cash & Equivalents		 12 11 16 74 16 140 58 71 50 43
Short-Term Investments		 10 15 30 17 23 28 65 89 162 236
Accounts Receivable		 2.05 2.51 3.39 5.52 7.56 10 13 17 21 24
Prepaid Expenses		 3.16 3.54 4.55 12 16 21 24 25 40 33
Plant, Property, & Equipment, net		 6.11 7.08 6.70 6.87 15 26 30 26 28 24
Total Noncurrent Assets		 57 53 50 61 184 164 219 154 108 267
Goodwill		 6.74 6.74 6.74 16 58 56 56 56 56 96
Intangible Assets		 15 19 19 26 51 52 53 40 24 64
Noncurrent Deferred & Refundable Income Taxes		 - - - 0.00 28 12 - - 0.00 77
Other Noncurrent Operating Assets		 1.18 1.22 1.24 7.69 34 37 110 57 28 29
Total Liabilities & Shareholders' Equity		 90 93 110 176 260 389 408 381 409 627
Total Liabilities		 18 23 25 84 128 104 111 116 112 107
Total Current Liabilities		 17 21 24 28 47 50 53 61 70 63
Accounts Payable		 2.37 0.94 0.61 1.48 1.93 1.04 1.70 2.47 1.14 2.38
Accrued Expenses		 3.34 4.04 4.29 8.28 11 14 13 16 22 15
Current Employee Benefit Liabilities		 5.16 7.55 11 12 18 19 30 34 36 30
Other Current Liabilities		 1.08 1.19 1.22 1.45 11 4.45 7.59 8.89 11 16
Total Noncurrent Liabilities		 0.88 1.54 1.26 56 81 54 58 54 42 44
Capital Lease Obligations		 - - - - - - - - - 37
Noncurrent Deferred & Payable Income Tax Liabilities		 - - - - 0.00 14 - - 0.70 0.00
Other Noncurrent Operating Liabilities		 0.88 1.54 1.26 7.08 33 40 58 54 41 6.63
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 73 70 85 92 132 286 297 266 297 519
Total Preferred & Common Equity		 73 70 85 92 132 286 297 266 297 519
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 73 70 85 92 132 286 297 266 297 519
Common Stock		 142 147 153 158 162 161 172 210 237 255
Retained Earnings		 -69 -77 -67 -44 -8.03 150 151 83 86 290
Treasury Stock		 - - 0.00 -22 -22 -26 -26 -26 -26 -26
Accumulated Other Comprehensive Income / (Loss)		 -0.15 -0.05 -0.21 -0.18 0.03 0.06 -0.19 -1.68 0.10 0.17

Quarterly Balance Sheets for AppFolio

This table presents AppFolio's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets		 385 371 351 379 439 479 523
Total Current Assets		 177 212 209 240 307 349 395
Cash & Equivalents		 67 104 25 60 59 60 62
Short-Term Investments		 72 65 139 132 184 222 269
Accounts Receivable		 15 17 20 20 26 26 26
Prepaid Expenses		 23 26 25 28 37 42 38
Plant, Property, & Equipment, net		 28 26 27 27 28 27 25
Total Noncurrent Assets		 180 133 115 112 104 104 103
Goodwill		 56 56 56 56 56 56 56
Intangible Assets		 42 35 30 27 19 17 16
Other Noncurrent Operating Assets		 37 42 29 29 29 30 30
Total Liabilities & Shareholders' Equity		 385 371 351 379 439 479 523
Total Liabilities		 113 130 125 116 100 108 110
Total Current Liabilities		 58 80 75 74 56 63 64
Accounts Payable		 1.51 0.74 1.53 1.35 1.53 1.26 0.51
Accrued Expenses		 16 18 19 20 14 16 15
Current Employee Benefit Liabilities		 29 47 31 42 29 32 34
Other Current Liabilities		 11 14 9.69 11 12 14 15
Total Noncurrent Liabilities		 55 50 51 42 44 45 47
Other Noncurrent Operating Liabilities		 55 50 51 42 44 45 47
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 272 241 226 263 339 371 413
Total Preferred & Common Equity		 272 241 226 263 339 371 413
Total Common Equity		 272 241 226 263 339 371 413
Common Stock		 197 219 223 233 240 243 251
Retained Earnings		 103 48 29 56 125 154 187
Treasury Stock		 -26 -26 -26 -26 -26 -26 -26
Accumulated Other Comprehensive Income / (Loss)		 -2.55 -0.92 -0.59 -0.01 -0.12 -0.18 0.48

Annual Metrics and Ratios for AppFolio

This table displays calculated financial ratios and metrics derived from AppFolio's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 57.28% 40.82% 36.20% 32.17% 34.69% 21.11% 15.90% 31.31% 31.48% 28.01%
EBITDA Growth		 -73.09% 121.13% 1,130.40% 55.78% -5.65% 606.72% -85.32% -201.29% 187.33% 427.61%
EBIT Growth		 -72.79% 43.59% 209.21% 112.14% -66.95% 2,967.47% -99.38% -5,606.97% 101.42% 14,013.98%
NOPAT Growth		 -75.29% 43.86% 257.39% 107.46% 152.48% -83.80% -189.44% -619.40% 100.64% 56,493.74%
Net Income Growth		 -81.74% 47.15% 217.33% 105.51% 81.71% 336.59% -99.35% -6,726.36% 103.97% 7,452.48%
EPS Growth		 25.51% 65.75% 212.00% 100.00% 82.14% 335.29% -99.32% -6,600.00% 103.59% 7,828.57%
Operating Cash Flow Growth		 -1,540.84% 268.03% 155.40% 23.48% 7.22% 24.20% -26.73% -28.33% 137.66% 212.13%
Free Cash Flow Firm Growth		 -64.49% 66.65% 238.55% -139.41% -1,027.07% 165.13% -364.27% 126.34% 7.47% -143.41%
Invested Capital Growth		 154.21% 5.26% -0.32% 136.73% 226.86% -14.74% 58.12% -39.70% -18.84% 225.34%
Revenue Q/Q Growth		 0.00% 7.77% 7.38% 7.02% 7.11% 1.66% 6.89% 6.42% 8.34% 4.18%
EBITDA Q/Q Growth		 0.00% 216.69% 23.03% 2.22% 0.95% -0.82% 34.42% -279.51% 270.58% -3.87%
EBIT Q/Q Growth		 0.00% 23.92% 66.17% 1.43% -27.75% -0.89% 122.64% -57.55% 102.04% -3.45%
NOPAT Q/Q Growth		 0.00% 24.11% 67.21% 0.59% 21.11% -24.32% -38.03% -21.10% 100.98% 53.00%
Net Income Q/Q Growth		 0.00% 23.90% 66.09% 0.36% 5.16% -3.02% -44.31% -36.92% 105.72% 55.06%
EPS Q/Q Growth		 0.00% -733.33% 75.00% -1.75% 5.15% -3.06% -40.00% -36.36% 105.15% 52.89%
Operating Cash Flow Q/Q Growth		 -49.37% 595.70% 3.66% 11.88% 10.85% -20.42% 19.80% -10.10% 71.35% 2.95%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 11.22% 45.27% 10.01% -26.77% -192.74% 356.76% 220.46% -107.97%
Invested Capital Q/Q Growth		 0.00% -15.54% -1.80% -7.54% 0.49% 7.76% 43.47% 20.66% 20.35% 241.91%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 54.78% 57.73% 61.56% 61.30% 60.30% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin		 -11.25% 1.69% 15.26% 17.98% 12.60% 73.50% 9.31% -7.18% 4.77% 19.66%
Operating Margin		 -20.01% -7.98% 6.49% 10.34% 2.52% 3.16% -3.31% -15.34% 0.16% 17.08%
EBIT Margin		 -20.00% -8.01% 6.42% 10.31% 2.53% 64.08% 0.34% -14.39% 0.16% 17.17%
Profit (Net Income) Margin		 -20.90% -7.84% 6.76% 10.51% 14.17% 51.09% 0.29% -14.44% 0.44% 25.69%
Tax Burden Percent		 100.48% 100.82% 99.41% 97.94% 752.27% 80.48% 59.28% 102.10% 33.79% 135.75%
Interest Burden Percent		 103.97% 97.09% 105.79% 104.02% 74.46% 99.07% 140.63% 98.26% 827.85% 110.25%
Effective Tax Rate		 0.00% 0.00% 0.59% 2.06% -652.27% 19.52% 40.72% 0.00% 66.21% -35.75%
Return on Invested Capital (ROIC)		 -94.32% -35.95% 55.25% 68.19% 57.37% 6.55% -4.93% -36.13% 0.34% 101.14%
ROIC Less NNEP Spread (ROIC-NNEP)		 -77.69% -31.59% 54.53% 67.00% 102.72% -163.08% -10.35% -23.77% -0.94% 92.34%
Return on Net Nonoperating Assets (RNNOA)		 57.19% 24.32% -42.69% -45.61% -24.94% 69.26% 5.28% 11.93% 0.62% -51.16%
Return on Equity (ROE)		 -37.13% -11.63% 12.56% 22.57% 32.42% 75.81% 0.35% -24.20% 0.96% 49.98%
Cash Return on Invested Capital (CROIC)		 -181.39% -41.07% 55.57% -13.03% -48.93% 22.46% -49.97% 13.41% 21.14% -4.82%
Operating Return on Assets (OROA)		 -25.88% -9.24% 9.11% 13.71% 2.97% 61.17% 0.31% -17.21% 0.24% 26.33%
Return on Assets (ROA)		 -27.03% -9.05% 9.58% 13.96% 16.65% 48.77% 0.26% -17.26% 0.68% 39.41%
Return on Common Equity (ROCE)		 -9.34% -11.63% 12.56% 22.57% 32.42% 75.81% 0.35% -24.20% 0.96% 49.98%
Return on Equity Simple (ROE_SIMPLE)		 -21.55% -11.88% 11.42% 21.74% 27.50% 55.40% 0.35% -25.65% 0.91% 39.30%
Net Operating Profit after Tax (NOPAT)		 -11 -5.90 9.28 19 49 7.87 -7.04 -51 0.33 184
NOPAT Margin		 -14.01% -5.58% 6.45% 10.13% 18.99% 2.54% -1.96% -10.74% 0.05% 23.19%
Net Nonoperating Expense Percent (NNEP)		 -16.63% -4.35% 0.72% 1.19% -45.35% 169.63% 5.42% -12.36% 1.28% 8.81%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - -19.08% 0.11% 33.07%
Cost of Revenue to Revenue		 45.22% 42.27% 38.44% 38.70% 39.70% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 19.13% 17.03% 14.74% 13.10% 13.47% 15.31% 15.94% 21.36% 15.06% 10.83%
R&D to Revenue		 12.74% 11.97% 11.53% 12.69% 15.43% 15.65% 18.36% 23.55% 24.40% 20.19%
Operating Expenses to Revenue		 74.79% 65.71% 55.06% 50.96% 57.77% 96.84% 103.31% 115.34% 99.84% 82.92%
Earnings before Interest and Taxes (EBIT)		 -15 -8.46 9.24 20 6.48 199 1.23 -68 0.97 136
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -8.44 1.78 22 34 32 228 33 -34 30 156
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 6.73 11.53 16.56 22.08 28.38 21.62 14.11 13.95 20.84 17.26
Price to Tangible Book Value (P/TBV)		 9.52 18.14 23.87 40.63 169.27 34.73 22.29 21.88 28.51 25.01
Price to Revenue (P/Rev)		 6.53 7.61 9.80 10.67 14.63 19.93 11.68 7.85 9.99 11.29
Price to Earnings (P/E)		 0.00 0.00 145.00 101.58 103.22 39.02 4,082.59 0.00 2,292.90 43.93
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.69% 0.98% 0.97% 2.56% 0.02% 0.00% 0.04% 2.28%
Enterprise Value to Invested Capital (EV/IC)		 27.08 44.63 79.94 49.78 28.85 54.28 23.29 33.61 69.90 31.32
Enterprise Value to Revenue (EV/Rev)		 5.77 7.11 9.32 10.40 14.62 19.37 11.34 7.51 9.64 10.98
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 421.09 61.10 57.82 116.07 26.35 121.76 0.00 202.17 55.86
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 145.09 100.82 577.88 30.23 3,304.50 0.00 6,194.33 63.98
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 144.46 102.65 77.01 762.75 0.00 0.00 18,390.22 47.37
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 65.29 45.64 54.49 96.25 124.33 115.13 139.77 99.26 46.36
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 143.64 0.00 0.00 222.44 0.00 188.63 296.25 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.54 0.37 0.00 0.00 0.00 0.00 0.07
Long-Term Debt to Equity		 0.00 0.00 0.00 0.53 0.36 0.00 0.00 0.00 0.00 0.07
Financial Leverage		 -0.74 -0.77 -0.78 -0.68 -0.24 -0.42 -0.51 -0.50 -0.66 -0.55
Leverage Ratio		 1.37 1.29 1.31 1.62 1.95 1.55 1.37 1.40 1.40 1.27
Compound Leverage Factor		 1.43 1.25 1.39 1.68 1.45 1.54 1.92 1.38 11.62 1.40
Debt to Total Capital		 0.00% 0.00% 0.00% 35.16% 26.91% 0.00% 0.00% 0.00% 0.00% 6.73%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.86% 0.67% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 34.31% 26.24% 0.00% 0.00% 0.00% 0.00% 6.73%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 64.84% 73.09% 100.00% 100.00% 100.00% 100.00% 93.27%
Debt to EBITDA		 0.00 0.00 0.00 1.46 1.51 0.00 0.00 0.00 0.00 0.24
Net Debt to EBITDA		 0.00 0.00 0.00 -1.53 -0.07 0.00 0.00 0.00 0.00 -1.54
Long-Term Debt to EBITDA		 0.00 0.00 0.00 1.42 1.47 0.00 0.00 0.00 0.00 0.24
Debt to NOPAT		 0.00 0.00 0.00 2.59 1.00 0.00 0.00 0.00 0.00 0.20
Net Debt to NOPAT		 0.00 0.00 0.00 -2.71 -0.05 0.00 0.00 0.00 0.00 -1.31
Long-Term Debt to NOPAT		 0.00 0.00 0.00 2.52 0.97 0.00 0.00 0.00 0.00 0.20
Altman Z-Score		 15.88 20.87 34.64 16.15 18.62 39.29 24.48 20.62 35.73 53.24
Noncontrolling Interest Sharing Ratio		 74.84% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 1.63 1.51 2.25 3.83 1.30 4.00 3.01 3.28 3.90 5.30
Quick Ratio		 1.44 1.34 2.06 3.41 0.97 3.59 2.57 2.88 3.33 4.78
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -20 -6.74 9.33 -3.68 -41 27 -71 19 20 -8.77
Operating Cash Flow to CapEx		 -60.19% 74.64% 231.83% 251.76% 133.72% 107.14% 108.17% 119.49% 434.75% 2,618.41%
Free Cash Flow to Firm to Interest Expense		 -33.94 0.00 0.00 0.00 -25.06 14.60 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 -11.50 0.00 0.00 0.00 23.51 26.12 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 -30.61 0.00 0.00 0.00 5.93 1.74 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 1.29 1.15 1.42 1.33 1.17 0.95 0.90 1.20 1.57 1.53
Accounts Receivable Turnover		 46.30 46.32 48.76 42.70 39.15 35.20 31.73 32.43 33.35 35.25
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 17.18 16.02 20.88 28.02 23.69 15.06 12.63 16.68 22.78 30.06
Accounts Payable Turnover		 15.21 27.00 71.47 70.35 59.65 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 7.88 7.88 7.49 8.55 9.32 10.37 11.50 11.25 10.95 10.35
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 23.99 13.52 5.11 5.19 6.12 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 -16.11 -5.64 2.38 3.36 3.20 10.37 11.50 11.25 10.95 10.35
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 16 17 17 40 130 111 175 105 86 279
Invested Capital Turnover		 6.73 6.44 8.56 6.73 3.02 2.58 2.52 3.37 6.49 4.36
Increase / (Decrease) in Invested Capital		 9.70 0.84 -0.05 23 90 -19 64 -69 -20 193
Enterprise Value (EV)		 433 751 1,340 1,976 3,743 6,005 4,074 3,545 5,984 8,723
Market Capitalization		 490 804 1,409 2,028 3,745 6,180 4,197 3,705 6,195 8,964
Book Value per Share		 $2.17 $2.07 $2.51 $2.68 $3.87 $8.33 $8.58 $7.55 $8.31 $14.29
Tangible Book Value per Share		 $1.53 $1.31 $1.74 $1.46 $0.65 $5.18 $5.43 $4.82 $6.08 $9.86
Total Capital		 73 70 85 142 181 286 297 266 297 557
Total Debt		 0.00 0.00 0.00 50 49 0.00 0.00 0.00 0.00 37
Total Long-Term Debt		 0.00 0.00 0.00 49 47 0.00 0.00 0.00 0.00 37
Net Debt		 -57 -53 -68 -52 -2.20 -175 -122 -160 -212 -241
Capital Expenditures (CapEx)		 11 15 13 14 29 45 33 21 14 7.19
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -12 -15 -16 -9.71 -23 -19 -16 -20 -9.11 -6.13
Debt-free Net Working Capital (DFNWC)		 11 11 30 81 16 150 106 140 203 272
Net Working Capital (NWC)		 11 11 30 80 14 150 106 140 203 272
Net Nonoperating Expense (NNE)		 5.17 2.38 -0.44 -0.72 12 -151 -8.07 17 -2.38 -20
Net Nonoperating Obligations (NNO)		 -57 -53 -68 -52 -2.20 -175 -122 -160 -212 -241
Total Depreciation and Amortization (D&A)		 6.56 10 13 15 26 29 32 34 29 20
Debt-free, Cash-free Net Working Capital to Revenue		 -15.60% -14.50% -11.11% -5.11% -9.04% -6.12% -4.59% -4.23% -1.47% -0.77%
Debt-free Net Working Capital to Revenue		 14.14% 10.28% 20.81% 42.61% 6.07% 48.23% 29.48% 29.69% 32.65% 34.26%
Net Working Capital to Revenue		 14.14% 10.28% 20.81% 41.98% 5.60% 48.23% 29.48% 29.69% 32.65% 34.26%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.73) ($0.25) $0.29 $0.59 $1.07 $4.62 $0.03 ($1.95) $0.08 $5.63
Adjusted Weighted Average Basic Shares Outstanding		 33.57M 33.74M 33.85M 34.13M 34.02M 34.26M 34.58M 35.01M 35.63M 36.25M
Adjusted Diluted Earnings per Share		 ($0.73) ($0.25) $0.28 $0.56 $1.02 $4.44 $0.03 ($1.95) $0.07 $5.55
Adjusted Weighted Average Diluted Shares Outstanding		 33.57M 33.74M 35.15M 35.56M 35.57M 35.71M 35.70M 35.01M 36.42M 36.78M
Adjusted Basic & Diluted Earnings per Share		 ($0.73) ($0.25) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 21.34M 33.56M 34.07M 33.91M 34.16M 34.40M 34.84M 35.40M 35.87M 36.40M
Normalized Net Operating Profit after Tax (NOPAT)		 -11 -5.90 9.28 19 4.52 7.87 -7.04 -51 0.67 95
Normalized NOPAT Margin		 -14.01% -5.58% 6.45% 10.13% 1.77% 2.54% -1.96% -10.74% 0.11% 11.96%
Pre Tax Income Margin		 -20.80% -7.78% 6.80% 10.73% 1.88% 63.48% 0.48% -14.14% 1.29% 18.93%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 -25.21 0.00 0.00 0.00 3.92 107.45 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 -17.65 0.00 0.00 0.00 29.39 4.26 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 -44.32 0.00 0.00 0.00 -13.67 83.07 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 -36.76 0.00 0.00 0.00 11.80 -20.12 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 -26.89% 0.00% 0.00% 107.99% 0.00% 2.65% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics and Ratios for AppFolio

This table displays calculated financial ratios and metrics derived from AppFolio's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 30.55% 29.77% 29.25% 25.22% 32.27% 38.51% 37.71% 34.20% 24.36% 18.53%
EBITDA Growth		 -39.90% -185.76% -221.36% 128.32% 51.04% 407.37% 306.82% 578.60% 554.79% -17.77%
EBIT Growth		 -883.06% -489.79% -80.60% 97.55% 91.22% 244.51% 228.59% 5,015.14% 13,570.89% -17.07%
NOPAT Growth		 -60,046.15% -870.62% -80.86% 182.22% 78.01% 297.87% 291.39% 57.05% 2,605.81% 214.30%
Net Income Growth		 -2,851.77% -1,380.09% -145.75% 36.93% 735.39% 253.64% 210.12% 256.95% 24.81% 239.41%
EPS Growth		 0.00% -1,300.00% -141.46% 38.37% 700.00% 255.36% 206.06% 252.83% 25.00% 220.69%
Operating Cash Flow Growth		 1.30% -31.92% 170.10% -267.06% 129.69% 412.79% 2,630.71% 651.13% 57.17% 17.26%
Free Cash Flow Firm Growth		 250.62% 188.79% 3,666.76% 749.18% -48.04% -14.38% -53.65% -102.00% 31.45% -323.23%
Invested Capital Growth		 -28.30% -39.70% -37.70% -36.12% -18.64% -18.84% 33.59% 45.33% 14.52% 225.34%
Revenue Q/Q Growth		 6.50% -0.82% 9.71% 8.06% 12.49% 3.86% 9.08% 5.31% 4.23% -1.01%
EBITDA Q/Q Growth		 122.40% -342.68% -64.90% 131.60% 19.43% 393.85% 10.96% 3.69% 15.24% -37.98%
EBIT Q/Q Growth		 87.96% -448.61% -34.30% 97.24% 56.89% 9,126.90% 19.51% 5.69% 18.15% -44.43%
NOPAT Q/Q Growth		 73.88% -155.17% -32.97% 192.76% -106.99% 2,395.92% 28.62% -23.88% 11.48% 187.98%
Net Income Q/Q Growth		 86.11% -373.33% -78.22% 46.17% 239.91% 14.46% 27.74% -23.27% 11.26% 211.26%
EPS Q/Q Growth		 86.05% -366.67% -76.79% 46.46% 235.85% 20.83% 20.69% -22.86% 11.11% 210.00%
Operating Cash Flow Q/Q Growth		 189.65% -62.00% -74.13% -686.78% 498.23% -15.16% 37.75% 18.43% 13.57% -36.70%
Free Cash Flow Firm Q/Q Growth		 371.71% 91.08% -55.35% 111.01% -71.14% 214.87% -75.83% -109.09% 2,001.05% -634.72%
Invested Capital Q/Q Growth		 -9.90% 20.66% -32.10% -13.46% 14.76% 20.35% 11.77% -5.86% -9.57% 241.91%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin		 3.80% -9.29% -13.96% 4.08% 4.34% 20.62% 20.97% 20.65% 22.83% 14.30%
Operating Margin		 -6.25% -16.08% -19.49% -0.46% -0.04% 16.43% 18.19% 18.25% 20.69% 11.27%
EBIT Margin		 -2.88% -15.91% -19.48% -0.50% -0.19% 16.60% 18.19% 18.25% 20.69% 11.61%
Profit (Net Income) Margin		 -3.33% -15.88% -25.80% -12.85% 15.98% 17.62% 20.63% 15.03% 16.04% 50.44%
Tax Burden Percent		 129.09% 102.67% 139.61% -2,537.05% 1,796.54% 97.86% 104.26% 75.09% 70.86% 378.34%
Interest Burden Percent		 89.61% 97.20% 94.87% -101.64% -465.82% 108.43% 108.78% 109.65% 109.43% 114.79%
Effective Tax Rate		 0.00% 0.00% 0.00% 2,637.05% -1,696.54% 2.14% -4.26% 24.91% 29.14% -278.34%
Return on Invested Capital (ROIC)		 -18.54% -37.89% -73.52% 78.42% -5.26% 104.44% 152.29% 130.18% 146.50% 186.04%
ROIC Less NNEP Spread (ROIC-NNEP)		 -19.28% -33.83% -63.87% 100.19% -19.96% 103.02% 150.78% 129.01% 145.41% 179.03%
Return on Net Nonoperating Assets (RNNOA)		 12.12% 16.98% 41.36% -67.74% 14.04% -68.05% -107.27% -96.17% -112.56% -99.20%
Return on Equity (ROE)		 -6.42% -20.91% -32.17% 10.68% 8.79% 36.39% 45.02% 34.01% 33.94% 86.84%
Cash Return on Invested Capital (CROIC)		 -6.99% 13.41% -16.74% -4.32% -21.15% 21.14% 51.40% 111.36% 144.21% -4.82%
Operating Return on Assets (OROA)		 -3.22% -19.03% -25.41% -0.73% -0.29% 26.07% 30.19% 31.73% 34.98% 17.82%
Return on Assets (ROA)		 -3.72% -18.99% -33.65% -18.83% 23.98% 27.67% 34.24% 26.13% 27.12% 77.37%
Return on Common Equity (ROCE)		 -6.42% -20.91% -32.17% 10.68% 8.79% 36.39% 45.02% 34.01% 33.94% 86.84%
Return on Equity Simple (ROE_SIMPLE)		 -18.30% 0.00% -36.97% -34.46% -18.00% 0.00% 22.55% 33.67% 31.88% 0.00%
Net Operating Profit after Tax (NOPAT)		 -5.47 -14 -19 17 -1.20 28 36 27 30 87
NOPAT Margin		 -4.38% -11.26% -13.65% 11.71% -0.73% 16.08% 18.96% 13.71% 14.66% 42.65%
Net Nonoperating Expense Percent (NNEP)		 0.74% -4.06% -9.65% -21.77% 14.71% 1.42% 1.51% 1.17% 1.09% 7.02%
Return On Investment Capital (ROIC_SIMPLE)		 - -5.26% - - - 9.30% - - - 15.60%
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 15.47% 19.78% 23.29% 12.80% 14.45% 11.08% 11.27% 10.26% 10.28% 11.51%
R&D to Revenue		 23.15% 25.11% 27.67% 25.34% 25.14% 20.28% 20.22% 20.02% 19.76% 20.77%
Operating Expenses to Revenue		 106.25% 116.08% 119.49% 100.46% 100.04% 83.57% 81.81% 81.75% 79.31% 88.73%
Earnings before Interest and Taxes (EBIT)		 -3.60 -20 -27 -0.73 -0.32 29 34 36 43 24
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 4.75 -12 -19 6.01 7.17 35 39 41 47 29
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 13.48 13.95 18.32 27.03 24.78 20.84 26.01 23.85 20.68 17.26
Price to Tangible Book Value (P/TBV)		 21.07 21.88 29.41 43.81 36.25 28.51 33.40 29.72 25.08 25.01
Price to Revenue (P/Rev)		 8.27 7.85 8.77 11.48 11.37 9.99 13.14 12.27 11.20 11.29
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 2,292.90 115.38 70.83 64.88 43.93
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.87% 1.41% 1.54% 2.28%
Enterprise Value to Invested Capital (EV/IC)		 39.82 33.61 59.16 95.91 88.83 69.90 89.68 95.20 100.75 31.32
Enterprise Value to Revenue (EV/Rev)		 7.85 7.51 8.43 11.17 11.03 9.64 12.77 11.88 10.77 10.98
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 202.17 97.61 69.91 50.52 55.86
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 6,194.33 139.37 87.21 58.12 63.98
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 18,390.22 127.95 76.04 68.19 47.37
Enterprise Value to Operating Cash Flow (EV/OCF)		 123.36 139.77 145.20 412.04 179.59 99.26 84.40 53.01 44.90 46.36
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 188.63 0.00 0.00 0.00 296.25 199.54 101.28 74.59 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07
Financial Leverage		 -0.63 -0.50 -0.65 -0.68 -0.70 -0.66 -0.71 -0.75 -0.77 -0.55
Leverage Ratio		 1.41 1.40 1.46 1.48 1.43 1.40 1.40 1.39 1.34 1.27
Compound Leverage Factor		 1.26 1.36 1.38 -1.50 -6.65 1.52 1.52 1.52 1.46 1.46
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.73%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.73%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 93.27%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.24
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.54
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.24
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.20
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.31
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.20
Altman Z-Score		 21.33 21.03 22.04 31.31 35.93 35.95 56.04 52.17 49.36 52.65
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 3.06 3.28 2.65 2.80 3.24 3.90 5.47 5.51 6.20 5.30
Quick Ratio		 2.67 2.88 2.33 2.46 2.86 3.33 4.81 4.85 5.60 4.78
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 29 55 25 52 15 48 11 -1.04 20 -106
Operating Cash Flow to CapEx		 388.52% 126.24% 80.30% -390.61% 734.55% 686.85% 1,687.78% 3,527.67% 2,968.65% 2,918.28%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 1.12 1.20 1.30 1.46 1.50 1.57 1.66 1.74 1.69 1.53
Accounts Receivable Turnover		 32.76 32.43 29.95 29.40 32.50 33.35 30.82 31.58 33.19 35.25
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 15.89 16.68 17.84 19.39 20.91 22.78 25.11 27.08 28.98 30.06
Accounts Payable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 11.14 11.25 12.19 12.41 11.23 10.95 11.84 11.56 11.00 10.35
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 11.14 11.25 12.19 12.41 11.23 10.95 11.84 11.56 11.00 10.35
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 87 105 72 62 71 86 96 90 81 279
Invested Capital Turnover		 4.24 3.37 5.39 6.70 7.22 6.49 8.03 9.50 9.99 4.36
Increase / (Decrease) in Invested Capital		 -35 -69 -43 -35 -16 -20 24 28 10 193
Enterprise Value (EV)		 3,481 3,545 4,237 5,945 6,318 5,984 8,580 8,575 8,207 8,723
Market Capitalization		 3,665 3,705 4,406 6,109 6,510 6,195 8,824 8,857 8,539 8,964
Book Value per Share		 $7.77 $7.55 $6.80 $6.37 $7.37 $8.31 $9.40 $10.26 $11.38 $14.29
Tangible Book Value per Share		 $4.97 $4.82 $4.23 $3.93 $5.04 $6.08 $7.32 $8.23 $9.39 $9.86
Total Capital		 272 266 241 226 263 297 339 371 413 557
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 37
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 37
Net Debt		 -184 -160 -169 -164 -192 -212 -244 -281 -331 -241
Capital Expenditures (CapEx)		 4.12 4.82 1.96 2.36 5.00 4.54 2.55 1.44 1.95 1.25
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -20 -20 -37 -29 -26 -9.11 7.10 4.12 0.08 -6.13
Debt-free Net Working Capital (DFNWC)		 119 140 132 135 166 203 251 285 331 272
Net Working Capital (NWC)		 119 140 132 135 166 203 251 285 331 272
Net Nonoperating Expense (NNE)		 -1.31 5.73 17 36 -28 -2.63 -3.12 -2.61 -2.84 -16
Net Nonoperating Obligations (NNO)		 -184 -160 -169 -164 -192 -212 -244 -281 -331 -241
Total Depreciation and Amortization (D&A)		 8.35 8.21 7.51 6.74 7.49 6.90 5.22 4.73 4.40 5.48
Debt-free, Cash-free Net Working Capital to Revenue		 -4.56% -4.23% -7.34% -5.49% -4.50% -1.47% 1.06% 0.57% 0.01% -0.77%
Debt-free Net Working Capital to Revenue		 26.84% 29.69% 26.27% 25.32% 28.94% 32.65% 37.31% 39.53% 43.48% 34.26%
Net Working Capital to Revenue		 26.84% 29.69% 26.27% 25.32% 28.94% 32.65% 37.31% 39.53% 43.48% 34.26%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.12) ($0.56) ($0.99) ($0.53) $0.74 $0.86 $1.07 $0.82 $0.91 $2.83
Adjusted Weighted Average Basic Shares Outstanding		 35.04M 35.01M 35.44M 35.57M 35.69M 35.63M 36.09M 36.24M 36.31M 36.25M
Adjusted Diluted Earnings per Share		 ($0.12) ($0.56) ($0.99) ($0.53) $0.72 $0.87 $1.05 $0.81 $0.90 $2.79
Adjusted Weighted Average Diluted Shares Outstanding		 35.04M 35.01M 35.44M 35.57M 36.48M 36.42M 36.67M 36.74M 36.76M 36.78M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 35.16M 35.40M 35.49M 35.64M 35.76M 35.87M 36.21M 36.27M 36.33M 36.40M
Normalized Net Operating Profit after Tax (NOPAT)		 -5.47 -14 -19 -0.48 -0.05 28 24 27 30 16
Normalized NOPAT Margin		 -4.38% -11.26% -13.65% -0.32% -0.03% 16.08% 12.73% 13.71% 14.66% 7.89%
Pre Tax Income Margin		 -2.58% -15.47% -18.48% 0.51% 0.89% 18.00% 19.78% 20.01% 22.64% 13.33%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About AppFolio's Financials

When does AppFolio's fiscal year end?

According to the most recent income statement we have on file, AppFolio's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has AppFolio's net income changed over the last 9 years?

AppFolio's net income appears to be on an upward trend, with a most recent value of $204.07 million in 2024, falling from -$15.67 million in 2015. The previous period was $2.70 million in 2023.

What is AppFolio's operating income?
AppFolio's total operating income in 2024 was $135.64 million, based on the following breakdown:
  • Total Gross Profit: $794.20 million
  • Total Operating Expenses: $658.56 million
How has AppFolio revenue changed over the last 9 years?

Over the last 9 years, AppFolio's total revenue changed from $74.98 million in 2015 to $794.20 million in 2024, a change of 959.3%.

How much debt does AppFolio have?

AppFolio's total liabilities were at $107.39 million at the end of 2024, a 3.8% decrease from 2023, and a 503.8% increase since 2015.

How much cash does AppFolio have?

In the past 9 years, AppFolio's cash and equivalents has ranged from $10.70 million in 2016 to $140.26 million in 2020, and is currently $42.50 million as of their latest financial filing in 2024.

How has AppFolio's book value per share changed over the last 9 years?

Over the last 9 years, AppFolio's book value per share changed from 2.17 in 2015 to 14.29 in 2024, a change of 559.2%.

Remove Ads

Related Companies

This page (NASDAQ:APPF) was last updated on 4/16/2025 by MarketBeat.com Staff
From Our Partners
Two Unmistakable Patterns Return…
The signs suggest we're entering one of those rare periods now. That's why Central Banks are buying gold at...
Golden Portfolio | Sponsored
Why Elon put $51 million into this
Why Elon Musk Just Invested $51 Million Into Brand New “Miracle Metal” Developed by MIT Scientists
True Market Insiders | Sponsored
Crypto’s crashing…but we’re still profiting
Most traders are panicking right now. Bitcoin’s dropping. Altcoins are bleeding. The stock market’s a mess....
Crypto Swap Profits | Sponsored
Is it CRAZY to still want reliable profits, despite this market?
Larry Benedict, the acclaimed "Market Wizard," is calling an emergency briefing now... The same Larry who –...
Brownstone Research | Sponsored
REVEALED FREE: Our top 3 stocks to own in 2025 and beyond
Every time Weiss Ratings flashed green like this, the average gain on each and every stock has been 303% (incl...
Weiss Ratings | Sponsored
Tariffs. Volatility. Fear. Here’s the Plan.
Wall Street's panicking over tariffs. Volatility's back with a vengeance. If you've been glued to the he...
Investors Alley | Sponsored
This story is about to go viral
This Story Could Go Viral as Soon as May 31 Quietly, towns like Shreveport, Louisiana and Fort Worth, Texas...
Stansberry Research | Sponsored
How War with China Could Start in 128 Days
The clock is ticking. Those who aren't prepared could lose everything. I've identified 43 investments we...
Behind the Markets | Sponsored