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AppFolio APPF Return on assets

Return on assets at other companies

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-7.8%
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7%+4.6pp
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Procore TechnologiesPCOR
-3.8%-1.1pp
AvalonBay Communities logo
AvalonBay CommunitiesAVB
5.3%-0.2pp
First American Financial logo
First American FinancialFAF
4%+3.0pp
APi Group logo
APi GroupAPG
3.8%+0.7pp

Other financials

Income statement

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Revenue$262.2M+20.4%
Gross profit$167.2M+21.0%
Operating income$50.7M+50.2%
Net income$42.4M+35.2%
EPS (diluted)$1.18+37.2%

Balance sheet

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Cash & equivalents$147.7M+158%
Total debt$37.0M-9.1%
Total equity$470.2M+1.8%
Total assets$580.6M+2.8%

Cash flow

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Operating cash flow$34.3M-10.8%
CapEx$231.0K+0.4%
Free cash flow$34.1M-10.9%

Valuation

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Market cap$5.36B-29.0%
Enterprise value$5.25B-30.3%
P/E35.3×-3.1×
P/S5.4×-3.8×

Profitability

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Gross margin63.7%-0.2pp
Operating margin17.1%+0.7pp
Net margin15.3%-8.6pp
FCF margin23.6%+1.4pp

Returns & leverage

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Return on equity32.6%-16.5pp
Debt / equity0.1×0.0×
Current ratio3.5×-1.1×

Where this comes from

Calculated from AppFolio’s reported figures.

Based on trailing twelve months.

The official record: AppFolio’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AppFolio's return on assets?
AppFolio (APPF) reported return on assets of 26.5% in Q1 2026.
How has AppFolio's return on assets changed year-over-year?
AppFolio's return on assets decreased by 32.3% year-over-year, from 39.2% to 26.5%.
What is the long-term trend for AppFolio's return on assets?
Over 4 years (2020 to 2025), AppFolio's return on assets has grown at a -18.7% compound annual growth rate (CAGR), from 48.9% to 21.4%.
What does return on assets mean?
Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.