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. In the quarter to June 2026, revenue grew 3.03%, EPS fell 22.2% and free cash flow grew 29.8%, each against the same quarter a year earlier. Revenue growth for ten consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.
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The Trade Desk (TTD) EV/Sales
As of 16 October 2026, The Trade Desk (TTD) trades at a EV/Sales of 1.4×. Over the past ten years it has ranged from 0.0× (September 2016) to 61.1× (December 2020); the current reading is higher than 1% of that period. That is above the Advertising Agencies industry median of 1.0× and in line with the Communication Services sector median of 1.4×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 6.0× | (73.84%) |
| FY2024 | 22.8× | 33.78% |
| FY2023 | 17.1× | 34.29% |
| FY2022 | 12.7× | (64.47%) |
| FY2021 | 35.8× | (18.09%) |
| FY2020 | 43.7× | 151.34% |
| FY2019 | 17.4× | 74.73% |
| FY2018 | 9.9× | 76.22% |
| FY2017 | 5.6× | 197.61% |
| FY2016 | 1.9× | — |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 2.4× | (25.76%) |
| Mar 2026 | 3.2× | (46.80%) |
| Dec 2025 | 6.0× | (26.00%) |
| Sep 2025 | 8.1× | (35.82%) |
| 39 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| WPP WPP PLC compare | 0.1× |
| CRTO Criteo S.A. compare | 0.3× |
| QNST QuinStreet, Inc. compare | 0.7× |
| ZD Ziff Davis, Inc. compare | 0.9× |
| STGW Stagwell Inc. compare | 1.2× |
| OMC Omnicom Group Inc. compare | 1.3× |
| TTD The Trade Desk | 1.4× |
| DV DoubleVerify Holdings, Inc. compare | 2.5× |
| MGNI Magnite, Inc. compare | 4.5× |
| Advertising Agencies industry median | 1.0× |
| Communication Services sector median | 1.4× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)