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
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The Trade Desk (TTD) Price to free cash flow
As of 5 November 2026, The Trade Desk (TTD) trades at a price to free cash flow of 6.9×. Over the past ten years it has ranged from 0.0× (September 2016) to 717× (February 2020); the current reading is higher than 1% of that period. That is below the Advertising Agencies industry median of 8.4× and below the Communication Services sector median of 10.2×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 23.7× | (74.05%) |
| FY2024 | 91.2× | 43.51% |
| FY2023 | 63.6× | 35.49% |
| FY2022 | 46.9× | (65.80%) |
| FY2021 | 137× | 20.24% |
| FY2020 | 114× | (80.67%) |
| FY2019 | 590× | 635.64% |
| FY2018 | 80.2× | (22.00%) |
| FY2017 | 103× | 1,276.77% |
| FY2016 | 7.5× | — |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 9.8× | (24.54%) |
| Mar 2026 | 13.0× | (45.14%) |
| Dec 2025 | 23.7× | (32.81%) |
| Sep 2025 | 35.2× | (25.61%) |
| 39 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| LFTO Liftoff Mobile, Inc compare | n/m |
| WPP WPP PLC compare | n/m |
| ZD Ziff Davis, Inc. compare | 6.2× |
| TTD The Trade Desk | 6.9× |
| OMC Omnicom Group Inc. compare | 8.4× |
| STGW Stagwell Inc. compare | 9.8× |
| QNST QuinStreet, Inc. compare | 9.9× |
| DV DoubleVerify Holdings, Inc. compare | 12.6× |
| MGNI Magnite, Inc. compare | 17.8× |
| Advertising Agencies industry median | 8.4× |
| Communication Services sector median | 10.2× |
| Market median | 14.1× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on TTD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement