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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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, The Trade Desk (TTD) trades at a P/B ratio of 2.3×. Over the past ten years it has ranged from 0.0× (September 2016) to 54.3× (December 2020); the current reading is higher than 3% of that period. That is above the Advertising Agencies industry median of 1.0× and above the Communication Services sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 7.5× (61.86%)
FY2024 19.6× 22.59%
FY2023 16.0× 57.49%
FY2022 10.1× (64.58%)
FY2021 28.6× (21.81%)
FY2020 36.6× 93.74%
FY2019 18.9× 51.25%
FY2018 12.5× 64.17%
FY2017 7.6× 154.30%
FY2016 3.0× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.3× (25.07%)
Mar 2026 4.4× (41.16%)
Dec 2025 7.5× (18.83%)
Sep 2025 9.2× (29.85%)
39 more quarters

Against its own ten years

Low 0.0× High 54.3×
Ten-year median 16.1×
Current reading's percentile 2

P/B ratio against peers

Company P/B ratio
LFTO Liftoff Mobile, Inc compare n/m
WPP WPP PLC compare n/m
ZD Ziff Davis, Inc. compare 0.9×
DV DoubleVerify Holdings, Inc. compare 1.9×
OMC Omnicom Group Inc. compare 2.3×
TTD The Trade Desk 2.3×
QNST QuinStreet, Inc. compare 3.6×
STGW Stagwell Inc. compare 3.7×
MGNI Magnite, Inc. compare 4.2×
Advertising Agencies industry median 1.0×
Communication Services sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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