Applied Digital (APLD) Financial Ratios: P/E, ROE & More

Applied Digital (APLD) Financial Ratios

For fiscal 2026 (fiscal year ended May 31, 2026), Applied Digital had return on equity of -8.4% (up from -60.9%), debt-to-equity of 1.36 (down from 1.44), a current ratio of 4.01 (up from 0.27) and return on assets of -1.8% (up from -4.6%). A current ratio of 4.01 means current assets exceed current liabilities.

Applied Digital Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

Scroll to see more

Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	May 2026	May 2025	May 2024	May 2023	May 2022	May 2021
Valuation Ratios
Forward P/E	8.86	8.86	8.86	38.10	-	-
P/S Ratio	22.10	6.71	3.42	14.49	56.05	-
P/B Ratio	3.61	2.42	4.54	11.52	6.05	-
Price/Tangible Book	8.13	3.08	4.54	13.49	6.63	-
Price/OCF	150.65	-	41.11	13.67	-	-
Enterprise Value Ratios
EV/Revenue	25.51	10.95	5.18	14.93	60.40	-
EV/EBITDA	-	1332.78	-	-	-	-
Profitability & Returns
Return on Equity (ROE)	-8.38%	-60.92%	-153.90%	-59.75%	-49.00%	-10.78%
Return on Assets (ROA)	-1.85%	-4.56%	-9.80%	-13.97%	-18.13%	-4.41%
Return on Invested Capital (ROIC)	-	-	-	-	-	-23.54%
Return on Capital Employed (ROCE)	-2.00%	-7.00%	-38.60%	-28.90%	-21.50%	-6.30%
Leverage & Solvency Ratios
Debt/Equity	1.36	1.44	1.09	1.32	0.17	0.17
Debt/EBITDA	-	21.67	8.66	-	-	-6.45
Debt/FCF	-	-	-	-	-	-0.63
Liquidity Ratios
Current Ratio	4.01	0.27	0.73	0.40	1.39	4.70
Quick Ratio	1.42	0.10	0.01	0.25	1.35	4.70
Efficiency Ratios
Asset Turnover	0.10	0.17	0.32	0.29	0.13	0.00
Yield & Distribution Ratios
Earnings Yield	-1.81%	-15.05%	-26.32%	-5.56%	-4.91%	-
FCF Yield	-20.55%	-51.93%	-22.57%	-9.04%	-11.65%	-
Buyback Yield	-36.78%	-76.39%	-21.37%	-64.52%	-3680.20%	0.00%
Total Return	-	-	-	-	-	0.00%

Source: Company financial statements from annual and quarterly filings. Data as of Aug 31, 2026. Data sources and methodology

Frequently Asked Questions About Applied Digital Financial Ratios

What is Applied Digital's return on equity?

Applied Digital's return on equity (ROE) was -8.4% for fiscal 2026 (period ended May 31, 2026). It was -60.9% a year earlier.

What is Applied Digital's debt-to-equity ratio?

Applied Digital's debt-to-equity ratio was 1.36 for fiscal 2026 (period ended May 31, 2026). It was 1.44 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition