Pricing Log in Create free account
Friday 6 November 2026 Export TTD’s income statement to Excel — free account

The Trade Desk

TTD Communication Services Advertising Agencies

The Trade Desk’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 18.5% from fiscal 2024.

Revenue
+3.03%
EPS
−22.2%
Free cash flow
+29.8%

Quarter to June 2026, against a year earlier

12.81 0.42 −3.17%
Market cap
$6.1B
P/E
15.1×
Fwd P/E
32.6×
Dividend yield
—
F-score
7/9
Altman Z
4.07
Beneish M
−2.80
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

The Trade Desk (TTD) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, The Trade Desk (TTD) trades at a EV/EBITDA of 6.4×. Over the past ten years it has ranged from 0.0× (September 2016) to 785× (October 2022); the current reading is higher than 3% of that period. That is below the Advertising Agencies industry median of 11.7× and below the Communication Services sector median of 8.8×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 24.5× (77.38%)
FY2024 109× (8.28%)
FY2023 118× (0.89%)
FY2022 119× (53.43%)
FY2021 256× 21.29%
FY2020 211× 146.18%
FY2019 85.8× 115.40%
FY2018 39.9× 75.36%
FY2017 22.7× 262.02%
FY2016 6.3× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 9.9× (24.00%)
Mar 2026 13.0× (46.94%)
Dec 2025 24.5× (30.76%)
Sep 2025 35.4× (40.00%)
39 more quarters

Against its own ten years

Low 0.0× High 785×
Ten-year median 89.8×
Current reading's percentile 3

EV/EBITDA against peers

Company EV/EBITDA
LFTO Liftoff Mobile, Inc compare n/m
WPP WPP PLC compare 0.8×
ZD Ziff Davis, Inc. compare 3.1×
TTD The Trade Desk 6.4×
DV DoubleVerify Holdings, Inc. compare 11.0×
STGW Stagwell Inc. compare 12.3×
OMC Omnicom Group Inc. compare 13.8×
QNST QuinStreet, Inc. compare 18.5×
MGNI Magnite, Inc. compare 19.7×
Advertising Agencies industry median 11.7×
Communication Services sector median 8.8×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on TTD