The Trade Desk, Inc. (TTD)
NASDAQ: TTD · Real-Time Price · USD
21.29
-1.79 (-7.76%)
May 11, 2026, 11:11 AM EDT - Market open

The Trade Desk Statistics

Total Valuation

The Trade Desk has a market cap or net worth of $10.01 billion. The enterprise value is $9.87 billion.

Market Cap10.01B
Enterprise Value 9.87B

Important Dates

The last earnings date was Thursday, May 7, 2026, after market close.

Earnings Date May 7, 2026
Ex-Dividend Date n/a

Share Statistics

The Trade Desk has 470.11 million shares outstanding. The number of shares has decreased by -3.20% in one year.

Current Share Class 427.00M
Shares Outstanding 470.11M
Shares Change (YoY) -3.20%
Shares Change (QoQ) -1.21%
Owned by Insiders (%) 11.14%
Owned by Institutions (%) 75.41%
Float 417.30M

Valuation Ratios

The trailing PE ratio is 26.02 and the forward PE ratio is 11.84. The Trade Desk's PEG ratio is 0.55.

PE Ratio 26.02
Forward PE 11.84
PS Ratio 3.65
Forward PS 3.19
PB Ratio 4.43
P/TBV Ratio 4.42
P/FCF Ratio 12.88
P/OCF Ratio 9.93
PEG Ratio 0.55
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.90, with an EV/FCF ratio of 11.71.

EV / Earnings 22.81
EV / Sales 3.32
EV / EBITDA 13.90
EV / EBIT 16.40
EV / FCF 11.71

Financial Position

The company has a current ratio of 1.68, with a Debt / Equity ratio of 0.17.

Current Ratio 1.68
Quick Ratio 1.64
Debt / Equity 0.17
Debt / EBITDA 0.52
Debt / FCF 0.50
Interest Coverage 336.61

Financial Efficiency

Return on equity (ROE) is 16.74% and return on invested capital (ROIC) is 25.46%.

Return on Equity (ROE) 16.74%
Return on Assets (ROA) 6.57%
Return on Invested Capital (ROIC) 25.46%
Return on Capital Employed (ROCE) 21.15%
Weighted Average Cost of Capital (WACC) 9.90%
Revenue Per Employee $772,605
Profits Per Employee $112,574
Employee Count3,843
Asset Turnover 0.52
Inventory Turnover n/a

Taxes

In the past 12 months, The Trade Desk has paid $229.32 million in taxes.

Income Tax 229.32M
Effective Tax Rate 34.64%

Stock Price Statistics

The stock price has decreased by -69.83% in the last 52 weeks. The beta is 1.10, so The Trade Desk's price volatility has been similar to the market average.

Beta (5Y) 1.10
52-Week Price Change -69.83%
50-Day Moving Average 23.69
200-Day Moving Average 39.83
Relative Strength Index (RSI) 40.03
Average Volume (20 Days) 18,482,899

Short Selling Information

The latest short interest is 72.13 million, so 15.34% of the outstanding shares have been sold short.

Short Interest 72.13M
Short Previous Month 66.83M
Short % of Shares Out 15.34%
Short % of Float 17.28%
Short Ratio (days to cover) 3.61

Income Statement

In the last 12 months, The Trade Desk had revenue of $2.97 billion and earned $432.62 million in profits. Earnings per share was $0.89.

Revenue2.97B
Gross Profit 2.31B
Operating Income 601.52M
Pretax Income 661.94M
Net Income 432.62M
EBITDA 709.75M
EBIT 601.52M
Earnings Per Share (EPS) $0.89
Full Income Statement

Balance Sheet

The company has $1.41 billion in cash and $423.58 million in debt, with a net cash position of $982.34 million or $2.09 per share.

Cash & Cash Equivalents 1.41B
Total Debt 423.58M
Net Cash 982.34M
Net Cash Per Share $2.09
Equity (Book Value) 2.45B
Book Value Per Share 5.21
Working Capital 1.97B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.09 billion and capital expenditures -$250.64 million, giving a free cash flow of $842.45 million.

Operating Cash Flow 1.09B
Capital Expenditures -250.64M
Depreciation & Amortization 108.23M
Net Borrowing n/a
Free Cash Flow 842.45M
FCF Per Share $1.79
Full Cash Flow Statement

Margins

Gross margin is 77.83%, with operating and profit margins of 20.26% and 14.57%.

Gross Margin 77.83%
Operating Margin 20.26%
Pretax Margin 22.29%
Profit Margin 14.57%
EBITDA Margin 23.90%
EBIT Margin 20.26%
FCF Margin 28.37%

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 3.20%
Shareholder Yield 3.20%
Earnings Yield 3.99%
FCF Yield 7.76%
Dividend Details

Analyst Forecast

The average price target for The Trade Desk is $41.77, which is 96.20% higher than the current price. The consensus rating is "Buy".

Price Target $41.77
Price Target Difference 96.20%
Analyst Consensus Buy
Analyst Count 34
Revenue Growth Forecast (5Y) 11.40%
EPS Growth Forecast (5Y) 28.44%
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 5.59 and a Piotroski F-Score of 5.

Altman Z-Score 5.59
Piotroski F-Score 5