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The Trade Desk, Inc. TTD

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Price alert · TTD

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12.86 USD +0.31 (+2.47%)

At closeNov 3, 2026, 7:42 PM EST

12.76 -0.10 -0.77%

After hours · Nov 3, 7:42 PM ET

12.27 Day range 12.94
11.62 52-week range 48.47
YTD
-66.12%
1 year
-73.82%

Financial health

Altman Z-Score

2.25 Grey zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

7 / 9 Strong

Nine pass/fail tests of profitability, leverage and efficiency.

FMP rating

A-4 / 5 overall

  • DCF 5
  • Return on Equity 4
  • Return on Assets 4
  • Debt / Equity 4
  • P/E 2
  • P/B 2

Valuation

P/E 41.3×
FY 2016: 52.0×FY 2017: 35.2×FY 2018: 61.1×FY 2019: 108×FY 2020: 154×FY 2021: 316×FY 2022: 408×FY 2023: 194×FY 2024: 147×FY 2025: 41.3×
FY 2016 5y median 194× FY 2025
P/S 6.3×
FY 2016: 5.2×FY 2017: 6.0×FY 2018: 11.1×FY 2019: 17.5×FY 2020: 44.3×FY 2021: 36.5×FY 2022: 13.8×FY 2023: 18.1×FY 2024: 23.6×FY 2025: 6.3×
FY 2016 5y median 18.1× FY 2025
P/B 7.3×
FY 2016: 6.5×FY 2017: 7.5×FY 2018: 13.5×FY 2019: 18.9×FY 2020: 36.6×FY 2021: 28.6×FY 2022: 10.3×FY 2023: 16.3×FY 2024: 19.6×FY 2025: 7.3×
FY 2016 5y median 16.3× FY 2025
P/FCF 22.9×
FY 2016: 16.2×FY 2017: 101×FY 2018: 86.6×FY 2019: 590×FY 2020: 114×FY 2021: 137×FY 2022: 47.8×FY 2023: 64.8×FY 2024: 91.2×FY 2025: 22.9×
FY 2016 5y median 64.8× FY 2025
EV/EBITDA 23.2×
FY 2016: 18.9×FY 2017: 22.3×FY 2018: 42.9×FY 2019: 86.9×FY 2020: 214×FY 2021: 262×FY 2022: 116×FY 2023: 99.2×FY 2024: 95.2×FY 2025: 23.2×
FY 2016 5y median 99.2× FY 2025
EV/Sales 6.2×
FY 2016: 4.7×FY 2017: 5.6×FY 2018: 10.7×FY 2019: 17.6×FY 2020: 44.2×FY 2021: 36.1×FY 2022: 13.3×FY 2023: 17.8×FY 2024: 23.2×FY 2025: 6.2×
FY 2016 5y median 17.8× FY 2025
FCF Yield 4.4%
FY 2016: 6.2%FY 2017: 1.0%FY 2018: 1.2%FY 2019: 0.2%FY 2020: 0.9%FY 2021: 0.7%FY 2022: 2.1%FY 2023: 1.5%FY 2024: 1.1%FY 2025: 4.4%
FY 2016 5y median 1.5% FY 2025

Profitability

Gross Margin 78.6%
FY 2016: 80.3%FY 2017: 78.5%FY 2018: 76.1%FY 2019: 76.4%FY 2020: 78.6%FY 2021: 81.5%FY 2022: 82.2%FY 2023: 81.2%FY 2024: 80.7%FY 2025: 78.6%
FY 2016 5y median 81.2% FY 2025
Operating Margin 20.3%
FY 2016: 28.3%FY 2017: 22.5%FY 2018: 22.5%FY 2019: 17.0%FY 2020: 17.2%FY 2021: 10.4%FY 2022: 7.2%FY 2023: 10.3%FY 2024: 17.5%FY 2025: 20.3%
FY 2016 5y median 10.4% FY 2025
Net Margin 15.3%
FY 2016: 10.1%FY 2017: 16.5%FY 2018: 18.5%FY 2019: 16.4%FY 2020: 29.0%FY 2021: 11.5%FY 2022: 3.4%FY 2023: 9.2%FY 2024: 16.1%FY 2025: 15.3%
FY 2016 5y median 11.5% FY 2025
ROE 17.8%
FY 2016: 12.5%FY 2017: 20.7%FY 2018: 22.3%FY 2019: 17.7%FY 2020: 23.9%FY 2021: 9.0%FY 2022: 2.5%FY 2023: 8.3%FY 2024: 13.3%FY 2025: 17.8%
FY 2016 5y median 9.0% FY 2025
ROIC 13.4%
FY 2016: 13.9%FY 2017: 19.9%FY 2018: 22.2%FY 2019: 12.9%FY 2020: 11.0%FY 2021: 6.9%FY 2022: 2.0%FY 2023: 5.5%FY 2024: 10.0%FY 2025: 13.4%
FY 2016 5y median 6.9% FY 2025
ROA 7.2%
FY 2016: 3.8%FY 2017: 6.4%FY 2018: 7.9%FY 2019: 6.3%FY 2020: 8.8%FY 2021: 3.9%FY 2022: 1.2%FY 2023: 3.7%FY 2024: 6.4%FY 2025: 7.2%
FY 2016 5y median 3.9% FY 2025

Growth (YoY)

Revenue 18.5%
FY 2016: 78.3%FY 2017: 51.9%FY 2018: 54.9%FY 2019: 38.5%FY 2020: 26.5%FY 2021: 43.1%FY 2022: 31.9%FY 2023: 23.3%FY 2024: 25.6%FY 2025: 18.5%
FY 2016 FY 2025
Operating Income 38.0%
FY 2016: 51.4%FY 2017: 20.6%FY 2018: 54.7%FY 2019: 4.5%FY 2020: 28.5%FY 2021: -13.4%FY 2022: -8.9%FY 2023: 76.4%FY 2024: 113.1%FY 2025: 38.0%
FY 2016 FY 2025
EPS (diluted) 16.7%
FY 2016: 281.8%FY 2017: 138.1%FY 2018: 58.3%FY 2019: 21.1%FY 2020: 113.0%FY 2021: -42.9%FY 2022: -60.7%FY 2023: 227.3%FY 2024: 116.7%FY 2025: 16.7%
FY 2016 FY 2025
Free Cash Flow 25.8%
FY 2016: 251.3%FY 2017: -72.4%FY 2018: 238.2%FY 2019: -68.1%FY 2020: 1557.8%FY 2021: -2.0%FY 2022: 43.4%FY 2023: 18.9%FY 2024: 16.4%FY 2025: 25.8%
FY 2016 FY 2025

Financial Health

Current Ratio 1.6×
FY 2016: 1.5×FY 2017: 1.5×FY 2018: 1.5×FY 2019: 1.6×FY 2020: 1.6×FY 2021: 1.7×FY 2022: 1.9×FY 2023: 1.7×FY 2024: 1.9×FY 2025: 1.6×
FY 2016 5y median 1.7× FY 2025
Quick Ratio 1.6×
FY 2016: 1.5×FY 2017: 1.5×FY 2018: 1.5×FY 2019: 1.6×FY 2020: 1.6×FY 2021: 1.7×FY 2022: 1.9×FY 2023: 1.7×FY 2024: 1.9×FY 2025: 1.6×
FY 2016 5y median 1.7× FY 2025
Debt / Equity 0.2×
FY 2016: 0.2×FY 2017: 0.1×FY 2018: 0.0×FY 2019: 0.3×FY 2020: 0.3×FY 2021: 0.2×FY 2022: 0.1×FY 2023: 0.1×FY 2024: 0.1×FY 2025: 0.2×
FY 2016 5y median 0.1× FY 2025
Net Debt / EBITDA -0.3×
FY 2016: -2.1×FY 2017: -1.7×FY 2018: -1.7×FY 2019: 0.4×FY 2020: -0.8×FY 2021: -2.8×FY 2022: -4.2×FY 2023: -1.9×FY 2024: -1.8×FY 2025: -0.3×
FY 2016 5y median -1.9× FY 2025
Interest Coverage 0.0×
FY 2016: 18.7×FY 2017: 38.7×FY 2018: 0.0×FY 2019: 0.0×FY 2020: 0.0×FY 2021: 121×FY 2022: 0.0×FY 2023: 0.0×FY 2024: 0.0×FY 2025: 0.0×
FY 2016 5y median 0.0× FY 2025

Dividends

Dividend Yield 0.0%
FY 2016: 0.0%FY 2017: 0.0%FY 2018: 0.0%FY 2019: 0.0%FY 2020: 0.0%FY 2021: 0.0%FY 2022: 0.0%FY 2023: 0.0%FY 2024: 0.0%FY 2025: 0.0%
FY 2016 5y median 0.0% FY 2025
Payout Ratio 0.0%
FY 2016: 0.0%FY 2017: 0.0%FY 2018: 0.0%FY 2019: 0.0%FY 2020: 0.0%FY 2021: 0.0%FY 2022: 0.0%FY 2023: 0.0%FY 2024: 0.0%FY 2025: 0.0%
FY 2016 5y median 0.0% FY 2025

Annual · latest fiscal year ends 2025-12-31