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) Return on invested capital
The Trade Desk's return on invested capital over the twelve months to 30 June 2026 was 33.7%, up 2.5 percentage points from fiscal 2025 (31.2%). Over the past ten years it has ranged from 10.6% (fiscal 2022) to 63.3% (fiscal 2016); the current reading is higher than 64% of that period. That is above the Advertising Agencies industry median of 0.00% and above the Communication Services sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 31.2% | 5.20 |
| FY2024 | 26.0% | 10.00 |
| FY2023 | 16.0% | 5.36 |
| FY2022 | 10.6% | (3.10) |
| FY2021 | 13.7% | (9.44) |
| FY2020 | 23.2% | 3.55 |
| FY2019 | 19.6% | (16.20) |
| FY2018 | 35.8% | (1.36) |
| FY2017 | 37.2% | (26.09) |
| FY2016 | 63.3% | 20.09 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| TTD The Trade Desk | 33.7% |
| MGNI Magnite, Inc. compare | 9.66% |
| QNST QuinStreet, Inc. compare | 8.36% |
| DV DoubleVerify Holdings, Inc. compare | 7.30% |
| OMC Omnicom Group Inc. compare | 5.98% |
| ZD Ziff Davis, Inc. compare | 4.71% |
| STGW Stagwell Inc. compare | 3.95% |
| WPP WPP PLC compare | 0.00% |
| LFTO Liftoff Mobile, Inc compare | 0.00% |
| Advertising Agencies industry median | 0.00% |
| Communication Services sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- 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