Stock Analysis
The Trade Desk, Inc.TTD
P/E 14.12×· 5Y range 13.77–1,084.18×· bottom 1% of history
Sector: Technology · Industry: Services-Computer Programming, Data Processing, Etc.
AnalystsHold45 analystsP/E 14.1× sits at the 1st percentile of its 5.086926762491444-year history.
PMP Verdict
Strong business, attractive price
Strengths
- Growth87
- Profitability85
High-quality business at an attractive price.
Market context
-6.9% today· Z 2.6σ· TTD dropped 6.85% amid mixed tech sector sentiment and ongoing post-reset valuations.
Bull Case
- ✓ROE 16.4% — efficient capital deployment
- ✓Revenue CAGR 24.7% — durable top-line growth
- ✓Interest coverage 69.2× — debt well covered
- ✓P/E 14.1× at bottom 1% of 5-year history
Why is TTD moving?
SectorTTD dropped 6.85% amid mixed tech sector sentiment and ongoing post-reset valuations.
Profile
Strong growth, moat, valuation, profitability and earnings quality.
How is each axis scored?
- Valuation85/100 · Strong
- P/E vs own history (1th pct)25/25
- FCF yield (14.9%)25/25
- P/S (1.9x)25/25
- EV/EBIT (n/a)10/25
- Growth87/100 · Strong
- Revenue CAGR (24.7%)25/25
- Net income CAGR (33.9%)25/25
- EPS CAGR 5Y (34.3%)25/25
- Fwd implied growth (14.3%)12/25
- Profitability85/100 · Strong
- ROIC (39.2%)25/25
- ROE (16.4%)20/25
- Net margin (13.6%)20/25
- Operating margin (19.6%)20/25
- Financial Health61/100 · Moderate
- Altman Z (2.03)18/25
- Current ratio (1.61)18/25
- Interest coverage (69.2x)25/25
- Net cash / debt (n/a)0/25
- Quality77/100 · Strong
- Piotroski F (6/9)15/25
- Beneish M (-2.91)25/25
- FCF conversion (212%)25/25
- Margin stability (σ 8.2%)12/25
- Moat87/100 · Strong
- ROIC >12% years (10/10 yrs)25/25
- Median gross margin (79.5%)25/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 3.4%)12/25
Risk Flags
- ⚠SBC 15.1% of revenue — real dilution cost
About The Trade Desk, Inc.
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on devices like computers, smartphones, and connected TVs. Show more
The firm's platform is referred to as a DSP in the digital ad industry, and it generates revenue from fees based on a percentage of what its clients spend on advertising, sometimes referred to as a "take rate."
Headquarters: VENTURA, CA · Employees: 3,843 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
85AP/E (TTM)14.1xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 13.8x–1084.2x · lowest in history
P/FCF7.3xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield14.9%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 0.6%–15.4% · highest in history
P/S (TTM)1.93xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 1.9x–49.6x · lowest in history
EV/EBITDA7.1xA
Grade A: CheapEnterprise value / EBITDA (Finnhub) — capital-structure neutral — vs own 5Y history: 7.8x–16.8x · 27th pct
EV/Sales1.7xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E12.4xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.33xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio-2.95A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
85AROIC39.2%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE16.4%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA6.9%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin13.6%A
Grade A: HighNet Income / Revenue
Operating Margin19.6%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin76.9%A
Grade A: PremiumGross Profit / Revenue
FCF Margin28.9%A
Grade A: HighFCF / Revenue
True FCF Margin13.7%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
87ARevenue CAGR24.7%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR33.9%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)34.3%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth14.3%B
Grade B: LowAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-5.5%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income111.1%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue15.1%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
61BAltman Z-Score2.03C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.61xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.68xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage69.2xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity0.00xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
77B+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.91A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion212.1%A
Grade A: StrongFCF / Net Income
Margin Stability8.2%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue7.3%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.51xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Davis Tahnil R. Filed | Davis Tahnil R. | Grant / award | +217.2K | |
Kundra Vivek Filed | Kundra Vivek | Grant / award | +724.1K | |
GRANT JAY R Filed | GRANT JAY R | Grant / award | +398.3K | |
Olmstead Nathan Filed | Olmstead Nathan | Grant / award | +398.3K | |
Green Jeffrey Terry Filed | Green Jeffrey Terry | Grant / award | +7.00M |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Davis Tahnil R. Filed | Davis Tahnil R. | Tax withholding | -5317 | |
Davis Tahnil R. Filed | Davis Tahnil R. | Tax withholding | -1373 | |
Davis Tahnil R. Filed | Davis Tahnil R. | Tax withholding | -1051 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
87AROIC >12% Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)79.5%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor3.4%C
Grade C: ModerateWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$0.87
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.16
Cash & short-term investments per share (Finnhub)
Book Value / Share$5.48
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$1.30B
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$2.48B
Shareholders' equity (book value)
Asset / Liability1.68xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$5.78B
Current Market Capitalization
Beta1.07B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: The Trade Desk, Inc. (TTD)
TTD is down 6.85% at the last close — TTD dropped 6.85% amid mixed tech sector sentiment and ongoing post-reset valuations.. Piotroski F-Score of 6/9 indicates mixed fundamentals for The Trade Desk, Inc.. Altman Z-Score of 2.03 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out. Beneish M-Score of -2.91 suggests a low likelihood of earnings manipulation.
- Revenue has compounded at roughly 25% annually, with net income growing about 34% per year — a strong growth profile.
- The Trade Desk, Inc. converts about 29% of revenue into free cash flow — strong cash generation.
- At a valuation score of 85/100, TTD trades near the cheapest end of its own historical range (P/E 14.1).
See how TTD ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all TTD moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 12.23 | -6.85% | -2.63 |
| Oct 16 | After-hours | 12.23 | -6.85% | -2.63 |
| Oct 15 | Regular | 13.10 | +7.51% | 4.46 |
| Oct 15 | After-hours | 13.06 | +7.22% | 4.31 |
| Oct 13 | Regular | 12.28 | +2.81% | 2.25 |
Frequently Asked Questions about TTD
What is the current The Trade Desk, Inc. (TTD) stock price?
TTD is trading at $12.23 at the last market close, down 6.85% on the session. PreMarketPrice tracks TTD pre-market, intraday and after-hours prices.
Is TTD stock a buy right now?
PreMarketPrice's quantitative model rates The Trade Desk, Inc.'s financial health at 61/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is TTD stock overvalued?
The Trade Desk, Inc. trades at a trailing P/E of 14.1 and our valuation score rates it 85/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does The Trade Desk, Inc. report earnings?
No confirmed earnings date is currently scheduled for TTD. The Earnings section lists recent reports and updates as dates are announced.
What sector does The Trade Desk, Inc. operate in?
The Trade Desk, Inc. operates in the Technology sector, within the Services-Computer Programming, Data Processing, Etc. industry. The Related Stocks section lists sector peers for comparison.
What does The Trade Desk, Inc. do?
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on devices like computers, smartphones, and connected TVs.
About The Trade Desk, Inc. (TTD) Stock
The Trade Desk, Inc. (TTD) is a US-listed stock operating in the Technology sector, specifically the Services-Computer Programming, Data Processing, Etc. industry. As of the latest update, The Trade Desk, Inc. is trading at $12.23, down 6.85% on the day with a market capitalization of $5.8 billion. The financial health score for TTD is 61/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for TTD stock.
TTD Stock Analysis & Key Metrics
On PreMarketPrice, you can track The Trade Desk, Inc. (TTD) across multiple dimensions:
- Pre-market price & movement: Real-time TTD stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for TTD with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for The Trade Desk, Inc. across multiple reporting periods.
- Financial health score: A composite score of 61/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for TTD.
- Sector peers: Compare TTD against 6 other technology stocks on key financial metrics.
Is TTD a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate The Trade Desk, Inc. (TTD) as an investment. The financial health score of 61/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.The Trade Desk, Inc. (TTD) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.