AppFolio, Inc. (APPF) is a Technology stock trading at $218.71 (as of 2026-08-20), with a market capitalization of $7.76B and a trailing P/E of 48.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
AppFolio, Inc., together with its subsidiaries, provides cloud business management solutions for the real estate industry. The company offers AppFolio Property Manager, a platform to leverage process automation, easy to use interface, and the optimization of common workflows for property management companies, as well as completes and records critical transactions in the system and give its customers access to the data they need to run their business; AppFolio Property Manager Plus, which offers customizable workflows that allow customers to digitize their existing processes, performance insights, intelligent revenue management, and integrations through selected partners and dedicated strategic account managers; and AppFolio Investment Management, a solution that is designed to enable real estate investment management organizations to manage investor relationships through enhancing transparency and streamlining certain business processes. It also provides value added services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as electronic payment, tenant screening, and insurance services. AppFolio, Inc. was incorporated in 2006 and is headquartered in Santa Barbara, California.
AppFolio provides cloud software for real estate property management, selling solutions like AppFolio Property Manager and Property Manager Plus, and it makes money through subscription-like solution revenue across core, value-added, and additional service lines.
Because Value-Added Services Revenue is the largest revenue bucket (0.2B) alongside a large installed base of property management units under management, the profit engine is likely scaling higher-value offerings on top of AppFolio's ongoing customer and unit footprint, not just selling baseline core software.
| Value-Added | $0.2B |
| Core | $0.1B |
| Cost | $0.0B |
| Call | $0.0B |
Business quality (Strong): Segment revenue is broken out by solution type (including Value-Added Services Revenue), and the operating dashboard includes scale metrics (Ending Units Under Management and Ending Customers) plus adoption indicators (AI-powered solution usage).
Valuation: Trades at 38× trailing earnings · $6B market cap.
| Price | $218.71 |
| Market Cap | $7.76B |
| P/E Ratio | 48.5 |
| EV / EBITDA | 33.2 |
| Price / Book | 14.74 |
| Price / Sales | 7.35 |
| FCF Yield | 4.7% |
| DCF Value (model) | $107.04 |
| DCF Upside vs Price | -51.1% |
| Revenue (TTM) | $950.82M |
| Net Margin | 14.8% |
| Revenue Growth (YoY) | 19.7% |
| EPS Growth (YoY) | -30.6% |
| FCF Growth (YoY) | 28.4% |
| Altman Z-Score | 35.98 (safe) |
| Stock P/E | 48.5 |
| Sector P/E (Technology) | 33.9 |
| Industry P/E (Business Services) | 30.0 |
| vs Sector | 42.8% |
| vs Industry | 61.8% |
| Top Institutional Holder | VANGUARD GROUP INC ($595.69M) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Technology |
| Industry | Business Services |
| CEO | Shane Trigg |
| Employees | 1,634 |
| Country | US |
| IPO Date | 2015-06-26 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.