The Trade Desk, Inc. (TTD)
NASDAQ: TTD · Real-Time Price · USD
29.28
-0.51 (-1.71%)
At close: Mar 6, 2026, 4:00 PM EST
29.24
-0.04 (-0.14%)
After-hours: Mar 6, 2026, 7:59 PM EST

The Trade Desk Statistics

Total Valuation

The Trade Desk has a market cap or net worth of $13.94 billion. The enterprise value is $13.07 billion.

Market Cap13.94B
Enterprise Value 13.07B

Important Dates

The last earnings date was Wednesday, February 25, 2026, after market close.

Earnings Date Feb 25, 2026
Ex-Dividend Date n/a

Share Statistics

The Trade Desk has 475.98 million shares outstanding. The number of shares has decreased by -1.67% in one year.

Current Share Class 432.87M
Shares Outstanding 475.98M
Shares Change (YoY) -1.67%
Shares Change (QoQ) -2.08%
Owned by Insiders (%) 9.69%
Owned by Institutions (%) 77.34%
Float 429.43M

Valuation Ratios

The trailing PE ratio is 32.53 and the forward PE ratio is 14.21. The Trade Desk's PEG ratio is 0.57.

PE Ratio 32.53
Forward PE 14.21
PS Ratio 4.81
Forward PS 4.15
PB Ratio 5.61
P/TBV Ratio 5.66
P/FCF Ratio 17.51
P/OCF Ratio 14.04
PEG Ratio 0.57
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.94, with an EV/FCF ratio of 16.43.

EV / Earnings 29.48
EV / Sales 4.51
EV / EBITDA 18.94
EV / EBIT 22.18
EV / FCF 16.43

Financial Position

The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.18.

Current Ratio 1.61
Quick Ratio 1.55
Debt / Equity 0.18
Debt / EBITDA 0.56
Debt / FCF 0.55
Interest Coverage 329.23

Financial Efficiency

Return on equity (ROE) is 16.32% and return on invested capital (ROIC) is 25.19%.

Return on Equity (ROE) 16.32%
Return on Assets (ROA) 6.01%
Return on Invested Capital (ROIC) 25.19%
Return on Capital Employed (ROCE) 20.41%
Weighted Average Cost of Capital (WACC) 10.47%
Revenue Per Employee $753,652
Profits Per Employee $115,354
Employee Count3,843
Asset Turnover 0.47
Inventory Turnover n/a

Taxes

In the past 12 months, The Trade Desk has paid $215.45 million in taxes.

Income Tax 215.45M
Effective Tax Rate 32.71%

Stock Price Statistics

The stock price has decreased by -56.00% in the last 52 weeks. The beta is 1.19, so The Trade Desk's price volatility has been higher than the market average.

Beta (5Y) 1.19
52-Week Price Change -56.00%
50-Day Moving Average 31.46
200-Day Moving Average 51.31
Relative Strength Index (RSI) 56.91
Average Volume (20 Days) 22,387,853

Short Selling Information

The latest short interest is 46.45 million, so 9.76% of the outstanding shares have been sold short.

Short Interest 46.45M
Short Previous Month 44.13M
Short % of Shares Out 9.76%
Short % of Float 10.82%
Short Ratio (days to cover) 3.31

Income Statement

In the last 12 months, The Trade Desk had revenue of $2.90 billion and earned $443.30 million in profits. Earnings per share was $0.90.

Revenue2.90B
Gross Profit 2.28B
Operating Income 589.32M
Pretax Income 658.76M
Net Income 443.30M
EBITDA 690.11M
EBIT 589.32M
Earnings Per Share (EPS) $0.90
Full Income Statement

Balance Sheet

The company has $1.30 billion in cash and $436.33 million in debt, with a net cash position of $866.73 million or $1.82 per share.

Cash & Cash Equivalents 1.30B
Total Debt 436.33M
Net Cash 866.73M
Net Cash Per Share $1.82
Equity (Book Value) 2.48B
Book Value Per Share 5.22
Working Capital 2.00B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $992.72 million and capital expenditures -$197.01 million, giving a free cash flow of $795.71 million.

Operating Cash Flow 992.72M
Capital Expenditures -197.01M
Free Cash Flow 795.71M
FCF Per Share $1.67
Full Cash Flow Statement

Margins

Gross margin is 78.63%, with operating and profit margins of 20.35% and 15.31%.

Gross Margin 78.63%
Operating Margin 20.35%
Pretax Margin 22.74%
Profit Margin 15.31%
EBITDA Margin 23.83%
EBIT Margin 20.35%
FCF Margin 27.47%

Dividends & Yields

The Trade Desk does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 1.67%
Shareholder Yield 1.67%
Earnings Yield 3.18%
FCF Yield 5.71%
Dividend Details

Analyst Forecast

The average price target for The Trade Desk is $50.88, which is 73.77% higher than the current price. The consensus rating is "Buy".

Price Target $50.88
Price Target Difference 73.77%
Analyst Consensus Buy
Analyst Count 35
Revenue Growth Forecast (5Y) 11.75%
EPS Growth Forecast (5Y) 29.54%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 17, 2021. It was a forward split with a ratio of 10:1.

Last Split Date Jun 17, 2021
Split Type Forward
Split Ratio 10:1

Scores

The Trade Desk has an Altman Z-Score of 6.28 and a Piotroski F-Score of 5.

Altman Z-Score 6.28
Piotroski F-Score 5