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

The Trade Desk (TTD) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, The Trade Desk (TTD) trades at a EV/FCF of 5.3×. Over the past ten years it has ranged from −15.1× (September 2016) to 713× (February 2020); the current reading is higher than 1% of that period.

EV/FCF, daily

Embed this chart

Annual newest first

Period EV/FCF Change
FY2025 22.1× (74.97%)
FY2024 88.3× 44.38%
FY2023 61.2× 39.28%
FY2022 43.9× (67.33%)
FY2021 134× 19.58%
FY2020 112× (80.83%)
FY2019 586× 658.22%
FY2018 77.3× (19.31%)
FY2017 95.8× 1,538.16%
FY2016 5.8× —

Quarterly newest first

Period EV/FCF Change
Jun 2026 8.2× (28.25%)
Mar 2026 11.4× (48.52%)
Dec 2025 22.1× (33.45%)
Sep 2025 33.2× (26.52%)
39 more quarters

Against its own ten years

Low −15.1× High 713×
Ten-year median 79.0×
Current reading's percentile 1

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

More on TTD