TTDTrade Desk, Inc.SEC EDGAR
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Trade Desk, Inc. (TTD) Overview

Technology • Nasdaq • CIK 0001671933

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Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. iex.io/legal/hist-data-terms

Market Cap
$7.32B
P/E (TTM)
22.2x
Rev Growth (TTM)
+7.0%
Net Margin (TTM)
11.0%
FCF Yield (TTM)
11.8%
FCF Margin (TTM)
28.9%
Figures as of September 30, 2026
Data coverage notes

Borrowings: none identified in filed XBRL. MetricDuck reads the common debt concepts; a filer can tag borrowings under one it does not, so this is not evidence the company is debt-free — check the filing before treating debt as zero. Enterprise Value and net-debt figures assume zero borrowings.

Filings

Primary-source SEC disclosures, read end-to-end. SEC figures cite the filing they come from.

10-Q2026 Q32026-11-09source
8-KEarnings2026-11-09source
8-KOct 20262026-10-20source
8-KSep 20262026-09-14source
8-KSep 20262026-09-04source
What your agent reads

Investor Relations

investors.thetradedesk.com/financials/quarterly-results/default.aspx

Company-published material — management’s own words, not SEC-audited. Each source below is labeled so your agent knows what to verify.

Company-published, not SEC-audited

Earnings

Q3
7 days ago
8-K release
Revenue
$735.97M
-0.5%
Net Income
$38.05M
-67.1%
EPS
$0.08
-65.2%
Earnings call2026 Q3· issuer-publishedtranscript
Most recent quarterly earnings snapshot

Cash Flow Health

Free Cash Flow8/8 positive
TTM$862.2M
Q3 '26
$157.5M+12%
Q2 '26
$140.4M-50%
FCF Margin
TTM28.9%
Q3 '2621.4%+9%
Sector: 10.3%Top 25%
OCF Margin
37.3%
OCF/NI3.39x
CapEx Coverage
4.4x
FCF Yield11.8%
FCF Growth (3Y)+12%
Cash Conversion Cycle
-936 days
DSO: 415+DIO: –−DPO: 1350
Factsheet →
Cash flow trends & capital efficiency

Capital Allocation

Total Shareholder YieldTTM
TTM9.1%
Dividend & Payout Metrics
Dividend Yield (TTM)—
Free Cash Flow (TTM)$862.2M
Stock Repurchases (TTM)$664.2M
Capital Return / FCF77.0%
Shares Outstanding (YoY)-2.4%↓ Buyback
Shows how management rewards shareholders

Valuation Metrics

Price-to-EarningsTTM
22.2x
Volatile
8Q: 59.1x-7620%
High PEG ratio (3.2x) suggests expensive for growth
Valuation Lenses
Earnings
22.2x
vs – sector
Cash Flow
6.6x
EV/FCF vs –
Growth-Adj
3.2xPEG
Expensive for growth
Quality-Adj
2.1P/E per %ROIC
ROIC: 10.8%
Shareholder Returns
Dividend
–
Buyback
9.1%
Total Yield
9.1%
Market Cap$7.32B
EV$5.67B

Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. iex.io/legal/hist-data-terms

Multi-angle valuation analysis with sector context

Margins & Efficiency

ROIC 70th pctile
Profitability Cascade
Gross
75.6%
Operating
17.3%
Top 25% in sector
Net
11.0%
Margins Unknown
Return on Invested CapitalTTM
10.8%
Moderate
-0.0% YoY8Q: 10.0%-8.6%
P25MedianP75
70th pctl (med: 4.4%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
10.0%
8Q: 9.7%
Asset Turnover
0.51x
8Q: 0.50x
Leverage (1+D/E)
–
Asset & CapEx Efficiency
Fixed Asset Turn
7.34x
8Q:9.39x
-705.6%
Invested Cap Turn
1.07x
8Q:1.04x
+4.5%
CapEx Intensity
9.1%
8Q:7.6%
CapEx/Depreciation
2.00x
FCF vs Net Margin Gap+17.8 pts
Margin trends, ROIC, and capital efficiency

Balance Sheet & Solvency

ND/EBITDA -1.4x
Net Debt / EBITDA
-1.4x
Interest Coverage
243.5x
+Strong interest coverage: 243.5x
Leverage Metrics
Debt-to-Equity
–
Balance sheet risk & solvency analysis

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