The Trade Desk Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 6, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	13,937	18,066	58,307	35,182	21,988	44,303
Market Cap Growth	-62.71%	-69.02%	65.73%	60.01%	-50.37%	16.83%
Enterprise Value	13,070	17,123	56,633	33,982	20,750	43,582
Last Close Price	29.28	37.96	117.53	71.96	44.83	91.64
PE Ratio	32.53	42.18	150.68	199.89	407.55	327.29
Forward PE	14.21	19.29	64.45	55.52	43.86	113.05
PEG Ratio	0.57	0.95	2.59	2.38	1.50	3.19
PS Ratio	4.81	6.24	23.85	18.08	13.94	37.03
PB Ratio	5.61	7.27	19.77	16.26	10.39	29.01
P/TBV Ratio	5.82	7.54	20.00	16.63	10.60	29.91
P/FCF Ratio	17.51	22.70	90.93	63.79	47.33	136.86
P/OCF Ratio	14.04	18.20	78.85	58.80	40.07	117.04
EV/Sales Ratio	4.51	5.91	23.16	17.46	13.15	36.43
EV/EBITDA Ratio	18.94	24.28	110.04	120.98	123.45	260.92
EV/EBIT Ratio	22.18	29.06	132.58	169.51	182.57	349.17
EV/FCF Ratio	16.43	21.52	88.32	61.61	44.66	134.63
Debt / Equity Ratio	0.14	0.14	0.08	0.08	0.10	0.16
Debt / EBITDA Ratio	0.62	0.62	0.61	0.84	1.55	1.70
Debt / FCF Ratio	0.55	0.55	0.49	0.43	0.56	0.88
Net Debt / Equity Ratio	-0.35	-0.35	-0.55	-0.53	-0.56	-0.44
Net Debt / EBITDA Ratio	-1.23	-1.23	-3.13	-4.07	-7.05	-4.04
Net Debt / FCF Ratio	-1.09	-1.09	-2.51	-2.08	-2.55	-2.08
Asset Turnover	0.47	0.47	0.44	0.42	0.40	0.38
Quick Ratio	1.55	1.55	1.83	1.69	1.87	1.65
Current Ratio	1.61	1.61	1.86	1.72	1.90	1.71
Return on Equity (ROE)	16.32%	16.32%	15.37%	8.36%	2.93%	10.85%
Return on Assets (ROA)	6.47%	6.47%	6.02%	2.89%	1.20%	4.45%
Return on Invested Capital (ROIC)	26.07%	26.07%	27.19%	13.32%	5.24%	18.13%
Return on Capital Employed (ROCE)	19.24%	19.24%	15.21%	8.48%	5.51%	8.18%
Earnings Yield	3.18%	2.37%	0.66%	0.50%	0.25%	0.31%
FCF Yield	5.71%	4.40%	1.10%	1.57%	2.11%	0.73%
Buyback Yield / Dilution	7.81%	7.81%	0.18%	1.78%	-0.15%	-0.08%

Updated Feb 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q