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) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, The Trade Desk (TTD) trades at a P/E ratio of 15.1×. Over the past ten years it has ranged from 0.0× (December 2022) to 1,077× (August 2022); the current reading is higher than 9% of that period. That is below the Advertising Agencies industry median of 21.7× and in line with the Communication Services sector median of 15.1×.

P/E ratio, daily

Embed this chart

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 107×
Current reading's percentile 1

P/E ratio against peers

Company P/E ratio
ZD Ziff Davis, Inc. compare 3.1×
QNST QuinStreet, Inc. compare 14.3×
TTD The Trade Desk 15.1×
WPP WPP PLC compare 20.8×
MGNI Magnite, Inc. compare 21.9×
DV DoubleVerify Holdings, Inc. compare 33.9×
OMC Omnicom Group Inc. compare 48.0×
STGW Stagwell Inc. compare 271×
LFTO Liftoff Mobile, Inc compare —
Advertising Agencies industry median 21.7×
Communication Services sector median 15.1×
Market median 17.9×

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 →

More on TTD