Trade Desk Inc

Trade Desk Inc

TTD · NASDAQ · Communication Services / Advertising Agencies

15.68USD+0.21 (+1.36%)

Price History

Full chart

Market Stats

Previous Close15.47
Open15.63
Day Range15.45 – 16.10
52-Week Range11.62 – 45.50
Volume14.60M
Market Cap6.11B
P/E (TTM)15.58
Forward P/E14.20
EPS0.83
Dividend Yield0.00%
Beta1.04
50-Day Avg13.07
200-Day Avg19.50

About

The Trade Desk, Inc. operates as a technology company in the United States and internationally. The company creates, manages, and optimizes digital advertising campaigns across ad formats, channels and devices, including CTV and other video, display, audio, and native, on a multitude of devices, such televisions, streaming devices, mobile devices, computers and digital-out-of-home devices. It provides data and other value-added services. It serves advertising agencies, advertisers, and other service providers for agencies or advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.

Company Details

  • SectorCommunication Services
  • IndustryAdvertising Agencies
  • CEOMr. Jeffrey Terry Green
  • Employees3.84K
  • Headquarters42 North Chestnut Street, Ventura, CA, United States, 93001, USA
  • Websitehttps://www.thetradedesk.com

Leadership

  • Mr. Jeffrey Terry GreenCo-Founder, CEO, President & Chairman · b. 1977
  • Mr. Jay R. GrantChief Legal Officer & Secretary · b. 1968
  • Mr. Nathan OlmsteadChief Financial Officer · b. 1972
  • Ms. Tahnil DavisChief Accounting Officer & Executive VP · b. 1971
  • Mr. Chris TothVice President of Investor Relations
  • Ms. Sarah GavinExecutive VP & Chief Marketing Officer
  • Mr. Terry KaneManaging Director of Middle East & Africa
  • Mr. Will Platt-HigginsExecutive Vice President of Business Development for North America
  • Ms. Anna SayreSenior Vice President of Global Brand Marketing
  • Ms. Kristi ArgyilanEVP & Chief Commercial Officer · b. 1959

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue44.55M113.84M202.93M308.22M477.29M661.06M836.03M1.20B1.58B1.95B2.44B2.90B
Growth (%)-+155.54%+78.26%+51.89%+54.86%+38.50%+26.47%+43.11%+31.87%+23.34%+25.63%+18.47%
Cost of Revenue12.56M22.97M39.88M66.23M114.10M156.18M178.81M221.55M281.12M365.60M472.01M619.07M
Gross Profit31.99M90.87M163.05M241.99M363.20M504.88M657.22M974.91M1.30B1.58B1.97B2.28B
Gross Margin71.81%79.82%80.35%78.51%76.09%76.37%78.61%81.48%82.18%81.21%80.69%78.63%
Operating Expense31.23M52.89M105.53M172.63M255.87M392.68M513.01M850.10M1.18B1.38B1.55B1.69B
Operating Income764.00K37.98M57.52M69.36M107.32M112.20M144.21M124.82M113.65M200.48M427.17M589.32M
Operating Margin1.72%33.36%28.34%22.50%22.49%16.97%17.25%10.43%7.20%10.30%17.47%20.35%
EBITDA580.00K32.82M50.71M76.56M119.14M133.86M172.84M165.28M181.79M348.41M594.79M774.54M
EBITDA Margin1.30%28.83%24.99%24.84%24.96%20.25%20.67%13.81%11.52%17.90%24.33%26.74%
Net Income5.00K15.93M20.48M50.80M88.14M108.32M242.32M137.76M53.38M178.94M393.08M443.30M
Net Income Margin0.01%13.99%10.09%16.48%18.47%16.39%28.98%11.51%3.38%9.19%16.08%15.31%
R&D7.25M12.82M27.31M52.81M83.89M116.75M166.65M226.14M319.88M411.79M463.32M525.14M
R&D as % of Total Revenue16.27%11.26%13.46%17.13%17.58%17.66%19.93%18.90%20.27%21.16%18.95%18.13%
Interest Expense843.00K1.14M3.08M1.79M1.55M4.72M305.00K1.03M12.76M68.51M--
Interest Expense % of Total Revenue1.89%1.00%1.52%0.58%0.32%0.71%0.04%0.09%0.81%3.52%--

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets102.24M210.23M537.60M797.16M1.12B1.73B2.75B3.58B4.38B4.89B6.11B6.15B
Total Liabilities80.37M171.88M373.22M551.58M723.30M1.12B1.74B2.05B2.27B2.72B3.16B3.67B
Total Equity21.87M38.35M164.38M245.58M394.57M612.52M1.01B1.53B2.12B2.16B2.95B2.48B
Cash17.32M4.05M133.40M155.95M207.23M130.88M437.35M754.15M1.03B895.13M1.37B658.17M
Total Debt14.93M97.73M25.85M27.00M-189.45M292.43M284.60M260.96M235.89M312.21M436.33M
Net Debt-2.39M40.84M-107.55M-128.95M-207.23M58.57M-144.92M-469.56M-769.55M-659.24M-1.06B-221.84M

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-14.85M-36.56M75.03M31.22M86.60M60.20M405.07M378.51M548.73M598.32M739.46M992.72M
Investing Cash Flow-2.21M-6.38M-9.22M-16.06M-25.19M-163.84M-143.27M-93.64M-304.37M-107.59M-157.51M-292.63M
Financing Cash Flow28.00M29.67M63.54M7.39M-10.13M27.28M44.68M31.93M31.99M-626.11M-107.61M-1.41B
Capital Expenditure1.66M6.93M9.22M13.06M25.19M40.60M80.11M59.97M91.89M55.02M107.06M197.01M
Free Cash Flow-16.50M-43.49M65.81M18.16M61.41M19.60M324.95M318.54M456.85M543.30M632.39M795.71M
Dividends Paid--140.56M0--44.68M-----
FCF to OCF111.16%118.95%87.71%58.16%70.91%32.56%80.22%84.16%83.26%90.80%85.52%80.15%
Dividend Paid to FCF--213.58%0.00%--13.75%-----

Earnings

Report DateNov 10, 2016Feb 16, 2017May 11, 2017Aug 10, 2017Nov 9, 2017Feb 22, 2018May 10, 2018Aug 9, 2018Nov 8, 2018Feb 21, 2019May 9, 2019Aug 8, 2019Nov 7, 2019Feb 27, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 18, 2021May 10, 2021Aug 9, 2021Nov 8, 2021Feb 16, 2022May 10, 2022Aug 9, 2022Nov 9, 2022Feb 15, 2023May 10, 2023Aug 9, 2023Nov 9, 2023Feb 15, 2024May 8, 2024Aug 8, 2024Nov 7, 2024Feb 12, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 25, 2026May 7, 2026Aug 6, 2026Nov 5, 2026Nov 9, 2026
EPS Estimate0.020.020.000.020.030.040.010.040.050.080.020.070.070.120.040.030.050.190.080.130.150.280.140.200.230.360.120.260.290.430.220.360.390.570.250.220.440.340.120.220.080.08
EPS Actual0.020.030.020.050.040.050.030.060.070.110.050.100.080.150.090.090.130.370.140.180.180.420.210.200.260.380.230.280.330.410.260.390.410.590.330.180.450.590.280.14--
Surprise0.00%50.00%1328.57%150.00%33.33%25.00%200.00%50.00%40.00%37.50%150.00%42.86%14.29%25.00%125.00%200.00%160.00%94.74%75.00%38.46%20.00%50.00%50.00%0.00%13.04%5.56%91.67%7.69%13.79%-4.65%18.18%8.33%5.13%3.60%32.00%-18.18%2.27%73.58%132.17%-36.36%--
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap6.11B
Enterprise Value5.06B
Trailing P/E15.58
Forward P/E14.20
PEG Ratio0.93
Price / Sales2.04
Price / Book2.37
EPS0.83
Book Value5.48
Revenue (TTM)2.99B
Gross Profit (TTM)2.30B
EBITDA697.98M
Profit Margin13.61%
Operating Margin14.21%
Return on Equity15.44%
Return on Assets6.25%
Shares Outstanding429.69M
Shares Float416.64M
Beta1.04
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 36 analystsTarget 13.53
  • Strong Buy
    4
  • Buy
    1
  • Hold
    23
  • Sell
    3
  • Strong Sell
    5

Ownership Breakdown

Institutions
82.42%
Insiders
2.60%
Retail / Other
14.98%

Top Institutional Holders

  • BlackRock Inc
    32.67M6.91%
  • State Street Corp
    31.29M6.62%
  • Vanguard Capital Management, LLC
    27.90M5.90%
  • Vanguard Portfolio Management, LLC
    19.38M4.10%
  • Two Sigma Investments LLC
    17.05M3.61%
  • Geode Capital Management, LLC
    16.13M3.41%
  • Amvescap Plc.
    13.76M2.91%
  • The Goldman Sachs Group Inc
    13.47M2.85%
  • Alyeska Investment Group, L.P.
    11.12M2.35%
  • Federated Hermes Inc
    10.88M2.30%
  • Morgan Stanley - Brokerage Accounts
    9.85M2.08%
  • Jericho Capital Asset Management LP
    9.40M1.99%
  • D. E. Shaw & Co LP
    8.05M1.70%
  • Renaissance Technologies Corp
    7.02M1.49%
  • Amundi
    6.47M1.37%
  • VOLORIDGE INVESTMENT MANAGEMENT, LLC
    6.27M1.33%
  • BNP Paribas Arbitrage, SA
    5.96M1.26%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    25.66M5.43%
  • Vanguard MStar Total Stk Mkt Idx Invest
    13.62M2.88%
  • Vanguard Small Cap Index
    9.60M2.03%

Stock Splits

  • Jun 17, 202110:1