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.

12.23 0.90 −6.85%
Market cap
$6.2B
P/E
14.4×
Fwd P/E
19.9×
Dividend yield
—
F-score
7/9
Altman Z
4.07
Beneish M
−2.80
Dividend safety
n/a

The Trade Desk (TTD) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, The Trade Desk (TTD) trades at a P/E ratio of 14.4×. Over the past ten years it has ranged from 0.0× (December 2022) to 1,077× (August 2022); the current reading is higher than 8% of that period. That is below the Advertising Agencies industry median of 20.1× and below the Communication Services sector median of 16.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 41.7× (71.96%)
FY2024 149× (22.02%)
FY2023 191× (52.33%)
FY2022 400× 25.77%
FY2021 318× 106.57%
FY2020 154× 43.48%
FY2019 107× 90.48%
FY2018 56.4× 53.04%
FY2017 36.8× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 21.3× (16.57%)
Mar 2026 25.5× (38.88%)
Dec 2025 41.7× (24.25%)
Sep 2025 55.1× (35.75%)
39 more quarters

Against its own ten years

Low 0.0× High 1,077×
Ten-year median 108×
Current reading's percentile 1

P/E ratio against peers

Company P/E ratio
ZD Ziff Davis, Inc. compare 3.2×
CRTO Criteo S.A. compare 7.6×
QNST QuinStreet, Inc. compare 11.4×
TTD The Trade Desk 14.4×
MGNI Magnite, Inc. compare 20.0×
WPP WPP PLC compare 20.3×
DV DoubleVerify Holdings, Inc. compare 37.5×
OMC Omnicom Group Inc. compare 67.7×
STGW Stagwell Inc. compare 128×
Advertising Agencies industry median 20.1×
Communication Services sector median 16.7×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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