The Trade Desk Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Current	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	May '26 May 11, 2026	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021
Market Cap	10,030	10,687	18,066	23,757	35,268	26,885	58,307	54,107	48,015	42,725	35,182	38,313	37,842	29,736	21,988	29,245	20,455	33,657	44,303	33,785
Market Cap Growth	-71.56%	-60.25%	-69.02%	-56.09%	-26.55%	-37.07%	65.73%	41.22%	26.88%	43.68%	60.01%	31.01%	85.00%	-11.65%	-50.37%	-13.44%	-44.74%	8.66%	16.83%	38.72%
Enterprise Value	9,868	9,627	17,123	22,614	33,852	25,407	56,633	52,605	46,711	41,486	33,983	36,981	36,609	28,606	20,750	28,139	19,461	32,782	43,582	33,235
Last Close Price	21.34	22.69	37.96	49.01	71.99	54.72	117.53	109.65	97.67	87.42	71.96	78.15	77.22	60.91	44.83	59.75	41.89	69.25	91.64	70.30
PE Ratio	26.02	25.78	42.18	56.33	86.73	66.73	150.68	179.75	195.34	218.55	199.89	252.10	297.00	406.07	448.30	-2987.50	598.43	329.76	316.00	121.21
Forward PE	11.84	10.95	19.29	25.99	39.88	30.50	64.45	64.61	62.05	59.29	55.52	60.23	64.07	54.10	43.86	57.38	42.59	74.80	113.05	102.63
PEG Ratio	0.55	0.59	0.95	1.32	1.51	1.33	2.59	2.53	2.87	2.87	2.38	2.51	2.11	1.89	1.50	2.30	1.37	2.41	3.19	5.13
PS Ratio	3.65	3.60	6.24	8.51	13.16	10.46	23.85	23.43	22.08	20.79	18.08	20.92	21.84	18.07	13.94	19.72	14.73	26.05	37.03	30.14
PB Ratio	4.43	4.36	7.27	9.13	13.08	9.90	19.77	20.61	19.96	19.72	16.26	17.77	18.27	15.32	10.39	15.28	11.49	20.41	29.01	25.93
P/TBV Ratio	4.24	4.41	7.38	9.29	13.24	10.13	20.20	20.99	20.30	20.10	16.61	18.20	18.61	15.69	10.61	15.62	11.45	20.33	30.02	26.92
P/FCF Ratio	12.88	12.69	22.70	34.45	46.66	38.67	90.93	102.49	98.03	77.49	63.79	62.67	70.30	58.86	47.33	59.52	42.42	84.24	136.86	104.79
P/OCF Ratio	9.93	9.78	18.20	26.98	37.96	31.80	78.85	85.72	87.40	71.66	58.80	56.29	60.41	50.39	40.07	54.29	38.52	74.85	117.04	88.29
EV/Sales Ratio	3.32	3.24	5.91	8.10	12.64	9.89	23.16	22.78	21.48	20.19	17.46	20.20	21.13	17.39	13.15	18.98	14.01	25.37	36.43	29.65
EV/EBITDA Ratio	13.90	13.28	24.28	35.57	59.33	46.82	110.04	114.31	120.03	123.72	120.98	158.76	169.10	169.50	123.45	741.21	227.34	226.81	260.92	112.88
EV/EBIT Ratio	16.40	16.00	29.06	42.85	71.26	56.09	132.58	139.80	152.90	164.34	169.51	236.75	248.48	266.35	182.57	-2371.21	489.27	327.89	349.17	129.51
EV/FCF Ratio	11.71	11.43	21.52	32.79	44.78	36.54	88.32	99.64	95.36	75.24	61.61	60.49	68.01	56.62	44.66	57.27	40.36	82.05	134.63	103.08
Debt / Equity Ratio	0.14	0.14	0.14	0.12	0.10	0.10	0.08	0.09	0.08	0.08	0.08	0.09	0.10	0.10	0.10	0.11	0.12	0.14	0.16	0.19
Debt / EBITDA Ratio	0.58	4.32	1.51	1.93	2.39	4.27	1.42	2.27	2.29	4.72	1.43	4.26	4.10	-63.21	2.23	6.39	19.09	-58.84	-21.71	3.28
Debt / FCF Ratio	0.50	1.52	1.53	2.37	2.87	1.44	1.74	1.31	4.47	1.33	3.58	1.33	2.10	1.42	2.08	2.35	3.05	2.01	1.87	2.82
Net Debt / Equity Ratio	-0.40	-0.40	-0.35	-0.41	-0.50	-0.52	-0.55	-0.55	-0.52	-0.55	-0.53	-0.59	-0.57	-0.56	-0.56	-0.55	-0.53	-0.50	-0.44	-0.39
Net Debt / EBITDA Ratio	-1.35	-10.02	-3.00	-5.50	-9.36	-17.92	-7.33	-11.13	-10.74	-23.45	-6.94	-21.88	-19.08	268.16	-10.13	-25.25	-67.45	176.03	51.42	-5.65
Net Debt / FCF Ratio	-1.17	-3.52	-3.04	-6.75	-11.22	-6.05	-8.98	-6.40	-21.00	-6.63	-17.36	-6.83	-9.76	-6.03	-9.43	-9.30	-10.79	-6.01	-4.42	-4.84
Asset Turnover	0.12	0.12	0.14	0.13	0.12	0.12	0.13	0.13	0.12	0.11	0.13	0.12	0.12	0.10	0.12	0.11	0.12	0.10	0.12	0.12
Quick Ratio	1.64	1.64	1.55	1.64	1.68	1.79	1.83	1.81	1.75	1.77	1.69	1.84	1.84	1.87	1.87	1.88	1.87	1.85	1.65	1.70
Current Ratio	1.68	1.68	1.61	1.71	1.71	1.81	1.86	1.85	1.80	1.79	1.72	1.87	1.87	1.90	1.90	1.91	1.92	1.91	1.71	1.76
Return on Equity (ROE)	1.55%	1.55%	6.88%	4.42%	3.53%	2.08%	7.13%	3.94%	3.80%	1.54%	4.55%	1.93%	1.71%	0.52%	3.91%	0.99%	-1.28%	-1.07%	-2.09%	5.56%
Return on Assets (ROA)	0.59%	0.59%	2.90%	1.81%	1.42%	0.70%	2.92%	1.60%	1.51%	0.46%	1.89%	0.62%	0.57%	0.61%	1.60%	0.43%	-0.49%	-0.48%	-0.80%	2.36%
Return on Invested Capital (ROIC)	2.35%	2.35%	11.68%	7.43%	6.10%	3.07%	13.19%	7.54%	6.77%	2.06%	8.70%	2.93%	2.60%	2.63%	6.99%	1.79%	-1.95%	-1.88%	-3.26%	8.57%
Return on Capital Employed (ROCE)	2.27%	2.27%	8.39%	5.53%	4.13%	2.02%	6.96%	4.12%	3.84%	1.26%	6.11%	1.67%	1.94%	-1.15%	4.86%	1.56%	0.10%	-1.06%	-1.66%	5.99%
Earnings Yield	3.99%	3.88%	2.37%	1.78%	1.15%	1.50%	0.66%	0.56%	0.51%	0.46%	0.50%	0.40%	0.34%	0.25%	0.22%	-0.03%	0.17%	0.30%	0.32%	0.83%
FCF Yield	7.76%	7.88%	4.40%	2.90%	2.14%	2.59%	1.10%	0.98%	1.02%	1.29%	1.57%	1.60%	1.42%	1.70%	2.11%	1.68%	2.36%	1.19%	0.73%	0.95%
Buyback Yield / Dilution	3.19%	5.18%	4.76%	1.91%	0.85%	-0.95%	-1.43%	-0.14%	-0.14%	0.32%	0.15%	-0.32%	-2.68%	-3.22%	-0.02%	-0.28%	2.15%	2.76%	-0.56%	-1.36%
Total Shareholder Return	3.19%	5.18%	4.76%	1.91%	0.85%	-0.95%	-1.43%	-0.14%	-0.14%	0.32%	0.15%	-0.32%	-2.68%	-3.22%	-0.02%	-0.28%	2.15%	2.76%	-0.56%	-1.36%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q