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The Trade Desk, Inc. (TTD) Financials

TTD
Trailing 12 months to June 30, 2026
Revenue $3.0B +11.6% YoY
Net Income $406.9M -2.5% YoY
EPS (Diluted) $0.83 0.0% YoY
Free Cash Flow $863.0M +14.2% YoY
Market Cap $5.8B as of Oct 14, 2026
Price / Sales 1.9x on $3.0B revenue, trailing 12 months to June 30, 2026
Price / Earnings 14.2x on $406.9M net income, trailing 12 months to June 30, 2026
Price / Book 2.2x on $2.6B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TTD SEC filings page.

The Trade Desk, Inc. (TTD) reported $3.0B in revenue over the twelve months to Jun 30, 2026, up 11.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TTD FY2025

The Trade Desk is becoming more profitable at scale, but buybacks and reinvestment are reducing balance-sheet flexibility.

From FY2023 to FY2025, operating margin nearly doubled from 10.3% to 20.4%, while gross margin moved in the opposite direction, pointing to operating-cost leverage rather than richer unit economics. FY2025 operating cash flow of $993M exceeded net income of $443M, showing cash conversion is stronger than the reported profit figure alone suggests.

Revenue increased 18.5% in FY2025 while operating income increased 38.0%, so a larger share of incremental sales reached operating profit. Gross margin fell to 78.6%, which argues against attributing the improvement to higher gross economics alone.

Buybacks exceeded free cash flow in FY2025, while equity fell to $2.48B. That combination raised debt-to-equity to 1.5x, making capital returns a key reason the balance sheet became less equity-funded.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 69 / 100
Financial Health Score 69/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of The Trade Desk, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
77

The Trade Desk, Inc. has an operating margin of 20.3%, meaning the company retains $20 of operating profit per $100 of revenue. This strong profitability earns a score of 77/100, reflecting efficient cost management and pricing power. This is up from 17.5% the prior year.

Growth
84

The Trade Desk, Inc.'s revenue surged 18.5% year-over-year to $2.9B, reflecting rapid business expansion. This strong growth earns a score of 84/100.

Leverage
38

The Trade Desk, Inc. has a moderate D/E ratio of 1.48. This balance of debt and equity financing earns a leverage score of 38/100.

Liquidity
46

The Trade Desk, Inc.'s current ratio of 1.61 indicates adequate short-term liquidity, earning a score of 46/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
93

The Trade Desk, Inc. converts 27.5% of revenue into free cash flow ($795.7M). This strong cash generation earns a score of 93/100.

Returns
74

The Trade Desk, Inc. earns a strong 17.8% return on equity (ROE), meaning it generates $18 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 74/100. This is up from 13.3% the prior year.

Altman Z-Score Grey Zone
1.98

The Trade Desk, Inc. scores 1.98, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
5/7

The Trade Desk, Inc. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
2.24x

For every $1 of reported earnings, The Trade Desk, Inc. generates $2.24 in operating cash flow ($992.7M OCF vs $443.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
329.23x

The Trade Desk, Inc. earns $329.23 in operating income for every $1 of interest expense ($589.3M vs $1.8M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue
$715.1M
YoY+3.0%
QoQ+3.8%
5Y CAGR+20.6%
10Y CAGR+31.2%

The Trade Desk, Inc. generated $715.1M in revenue in Q2 2026. This represents an increase of 3.0% from the same quarter a year earlier. Against the prior quarter it is up 3.8%.

EBITDA
$131.7M
YoY-8.2%
QoQ+34.3%
5Y CAGR+12.5%
10Y CAGR+23.6%

The Trade Desk, Inc.'s EBITDA was $131.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.2% from the same quarter a year earlier. Against the prior quarter it is up 34.3%.

Net Income
$64.4M
YoY-28.6%
QoQ+61.0%
5Y CAGR+6.2%
10Y CAGR+23.8%

The Trade Desk, Inc. reported $64.4M in net income in Q2 2026. This represents a decrease of 28.6% from the same quarter a year earlier. Against the prior quarter it is up 61.0%.

EPS (Diluted)
$0.14
YoY-22.2%
QoQ+75.0%
5Y CAGR+7.0%
10Y CAGR-0.7%

The Trade Desk, Inc. earned $0.14 per diluted share (EPS) in Q2 2026. This represents a decrease of 22.2% from the same quarter a year earlier. Against the prior quarter it is up 75.0%.

Cash & Balance Sheet

Free Cash Flow
$140.4M
YoY+17.2%
QoQ-49.7%
5Y CAGR+94.9%
10Y CAGR+42.3%

The Trade Desk, Inc. generated $140.4M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 17.2% from the same quarter a year earlier. Against the prior quarter it is down 49.7%.

Cash & Debt
$1.1B
YoY+25.3%
QoQ+27.8%
5Y CAGR+18.7%
10Y CAGR+40.4%

The Trade Desk, Inc. held $1.1B in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
Diluted avg 470M

The Trade Desk, Inc. had a weighted average of 470M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
74.2%
YoY-4.0pp
QoQ+0.6pp
5Y change-7.6pp

The Trade Desk, Inc.'s gross margin was 74.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 4.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.

Operating Margin
14.2%
YoY-2.6pp
QoQ+4.5pp
5Y change-7.9pp
10Y change-17.6pp

The Trade Desk, Inc.'s operating margin was 14.2% in Q2 2026, reflecting core business profitability. This is down 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.5 percentage points.

Net Margin
9.0%
YoY-4.0pp
QoQ+3.2pp
5Y change-8.0pp
10Y change-7.1pp

The Trade Desk, Inc.'s net profit margin was 9.0% in Q2 2026, showing the share of revenue converted to profit. This is down 4.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.2 percentage points.

Return on Equity
2.5%
YoY-0.8pp
QoQ+0.9pp
5Y change-1.5pp

The Trade Desk, Inc.'s ROE was 2.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.

Capital Allocation

R&D Spending
$140.7M
YoY+4.8%
QoQ-1.4%
5Y CAGR+21.3%
10Y CAGR+37.7%

The Trade Desk, Inc. invested $140.7M in research and development in Q2 2026. This represents an increase of 4.8% from the same quarter a year earlier. Against the prior quarter it is down 1.4%.

Share Buybacks
$77.8M
YoY-70.2%
QoQ-52.4%

The Trade Desk, Inc. spent $77.8M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 70.2% from the same quarter a year earlier. Against the prior quarter it is down 52.4%.

Capital Expenditures
$13.2M
YoY-70.8%
QoQ-88.3%
5Y CAGR+19.7%
10Y CAGR+23.1%

The Trade Desk, Inc. invested $13.2M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 70.8% from the same quarter a year earlier. Against the prior quarter it is down 88.3%.

TTD Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TTD quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$715.1M+3.0%$688.9M+11.8%$846.8M+14.3%$739.4M+17.7%$694.0M+18.7%$616.0M+25.4%$741.0M+22.3%$628.0M+27.3%
Cost of Revenue$184.3M+22.1%$182.0M+27.4%$163.1M+20.6%$162.2M+32.2%$151.0M+36.7%$142.8M+37.8%$135.3M+34.3%$122.7M+31.3%
Gross Profit$530.7M-2.3%$506.9M+7.1%$683.7M+12.9%$577.3M+14.2%$543.1M+14.5%$473.2M+22.1%$605.7M+19.9%$505.4M+26.4%
R&D Expenses$140.7M+4.8%$142.7M+7.8%$130.6M+2.1%$127.9M+8.7%$134.3M+22.0%$132.4M+23.0%$127.9M+25.4%$117.7M-0.1%
SG&A Expenses$114.0M-12.9%$125.3M-6.2%$122.6M-7.0%$131.3M-5.4%$130.9M-3.4%$133.6M+3.1%$131.9M0.0%$138.9M+5.2%
Operating Income$101.6M-13.0%$66.6M+22.4%$256.9M+31.5%$161.2M+48.6%$116.8M+23.3%$54.5M+90.0%$195.3M+35.2%$108.5M+187.9%
EBITDA$131.7M-8.2%$98.1M+25.0%$288.8M+31.6%$194.4M+50.4%$143.5M+24.1%$78.4M+55.6%$219.4M+33.0%$129.2M+122.0%
Interest Expense$730K+79.4%$373K-0.8%$651K+67.4%$356K-4.8%$407K+7.1%$376K+1.3%$389K+100.8%$374K-97.9%
Income Tax$48.7M+13.1%$39.0M+55.3%$83.3M+111.6%$64.0M+93.7%$43.1M+56.8%$25.1M+74.6%$39.4M-37.9%$33.0M+87.1%
Net Income$64.4M-28.6%$40.0M-21.1%$186.9M+2.6%$115.5M+22.7%$90.1M+6.0%$50.7M+60.1%$182.2M+87.2%$94.2M+139.3%
EPS (Basic)$0.14-22.2%$0.08-20.0%$0.39+5.4%$0.24+26.3%$0.18+5.9%$0.10+66.7%$0.37+85.0%$0.19+137.5%
EPS (Diluted)$0.14-22.2%$0.08-20.0%$0.38+5.6%$0.23+21.1%$0.18+5.9%$0.10+66.7%$0.36+80.0%$0.19+137.5%
Diluted Shares (Avg)470M-5.2%477M-5.2%N/A493M-1.9%496M-0.9%503M+1.0%N/A503M+0.1%

TTD Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TTD quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$5.8B-3.2%$5.7B+0.5%$6.2B+0.7%$5.9B+7.9%$6.0B+15.5%$5.7B+22.3%$6.1B+25.0%$5.5B+21.8%
Current Assets$4.8B-4.7%$4.9B+0.1%$5.3B-1.4%$5.1B+5.8%$5.1B+11.7%$4.9B+18.6%$5.3B+23.7%$4.8B+20.5%
Cash & Equivalents$1.1B+25.3%$878.4M-21.5%$658.2M-51.9%$653.1M-46.5%$896.4M-11.2%$1.1B+21.8%$1.4B+53.0%$1.2B+14.0%
Short-Term Investments$362.4M-54.2%$527.5M-15.2%$644.9M+16.8%$792.3M+55.3%$790.9M+59.1%$621.8M+24.0%$552.0M+13.8%$510.3M+13.4%
Accounts Receivable$3.2B-1.7%$3.3B+8.9%$3.8B+13.2%$3.5B+16.4%$3.3B+12.0%$3.1B+16.5%$3.3B+16.0%$3.0B+22.8%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$3.2B-2.2%$3.3B+9.8%$3.7B+16.0%$3.3B+16.0%$3.3B+18.4%$3.0B+19.7%$3.2B+16.1%$2.9B+21.8%
Current Liabilities$2.8B-5.3%$2.9B+7.8%$3.3B+13.7%$3.0B+14.5%$2.9B+17.1%$2.7B+17.5%$2.9B+14.4%$2.6B+21.8%
Non-Current Liabilities$396.4M+26.7%$390.5M+27.3%$402.8M+39.2%$344.8M+30.4%$313.0M+32.6%$306.7M+43.4%$289.3M+35.4%$264.5M+21.5%
Total Equity$2.6B-4.5%$2.5B-9.7%$2.5B-15.8%$2.6B-1.0%$2.7B+12.1%$2.7B+25.4%$2.9B+36.3%$2.6B+21.8%
Retained Earnings-$719.5M-343.2%-$725.0M-16145.8%-$590.9M-266.8%-$364.4M-259.4%-$162.4M-186.2%$4.5M-95.6%$354.2M+79.9%$228.7M-28.6%

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

TTD Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TTD quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$153.6M-6.9%$391.8M+34.4%$311.6M+56.3%$224.7M-17.8%$165.0M+103.1%$291.4M+57.1%$199.4M+118.8%$273.3M+42.7%
Depreciation & Amortization$30.1M+12.9%$31.4M+31.0%$32.0M+32.5%$33.1M+59.7%$26.7M+27.9%$24.0M+10.3%$24.1M+17.5%$20.8M+1.1%
Stock-Based Compensation$109.6M-15.0%$109.0M-15.0%N/A$121.3M-5.6%$128.9M+2.0%$128.3M+15.9%N/A$128.5M-8.0%
Capital Expenditures$13.2M-70.8%$112.7M+90.7%$26.3M+30.4%$66.3M+36.2%$45.2M+104.6%$59.1M+718.3%$20.2M-19.9%$48.7M+866.8%
Free Cash Flow$140.4M+17.2%$279.1M+20.1%$285.3M+59.2%$158.3M-29.5%$119.8M+102.5%$232.3M+30.3%$179.2M+171.8%$224.6M+20.4%
Investing Cash Flow$164.5M+177.0%$466K+100.4%$120.3M+296.6%-$66.8M-12.8%-$213.6M-1233.5%-$132.6M-527.8%-$61.2M-7.2%-$59.2M-622.2%
Financing Cash Flow-$73.4M+57.7%-$172.1M+58.0%-$426.8M-4468.9%-$401.2M-19799.1%-$173.6M-769.8%-$409.8M-190.0%$9.8M+104.6%-$2.0M+97.9%
Share Buybacks$77.8M-70.2%$163.5M-57.7%$422.9M+637.3%$310.4M+495.3%$260.8M$386.3M+208.3%$57.4M-73.9%$52.1M-42.2%

Not reported in any period shown, so not listed: Dividends Paid.

TTD Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TTD quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin74.2%-4.0pp73.6%-3.2pp80.7%-1.0pp78.1%-2.4pp78.3%-2.9pp76.8%-2.1pp81.8%-1.6pp80.5%-0.6pp
Operating Margin14.2%-2.6pp9.7%+0.8pp30.3%+4.0pp21.8%+4.5pp16.8%+0.6pp8.8%+3.0pp26.4%+2.5pp17.3%+9.6pp
Net Margin9.0%-4.0pp5.8%-2.4pp22.1%-2.5pp15.6%+0.6pp13.0%-1.6pp8.2%+1.8pp24.6%+8.5pp15.0%+7.0pp
Return on Equity2.5%-0.8pp1.6%-0.2pp7.5%+1.3pp4.4%+0.9pp3.3%-0.2pp1.9%+0.4pp6.2%+1.7pp3.6%+1.8pp
Return on Assets1.1%-0.4pp0.7%-0.2pp3.0%+0.1pp1.9%+0.2pp1.5%-0.1pp0.9%+0.2pp3.0%+1.0pp1.7%+0.8pp
Current Ratio1.720.0x1.68-0.1x1.61-0.2x1.71-0.1x1.71-0.1x1.810.0x1.86+0.1x1.850.0x
Debt-to-Equity1.240.0x1.34+0.2x1.48+0.4x1.28+0.2x1.21+0.1x1.10-0.1x1.07-0.2x1.100.0x
Asset Turnover0.120.0x0.120.0x0.140.0x0.120.0x0.120.0x0.110.0x0.120.0x0.110.0x
FCF Margin19.6%+2.4pp40.5%+2.8pp33.7%+9.5pp21.4%-14.4pp17.3%+7.1pp37.7%+1.4pp24.2%+13.3pp35.8%-2.0pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
The Trade Desk, Inc. TTD FY2025 $2.9B $443.3M 15.3% $5.8B 69/100
Omnicom Group Inc. OMC FY2025 $17.3B -$54.5M -0.3% $21.5B 50/100
Applovin Corporation APP FY2025 $5.5B $3.3B 60.8% $91.1B 85/100
The Interpublic Group of Companies, Inc. IPG FY2024 $10.7B $689.5M 6.5% $8.9B 55/100
Magnite, Inc. MGNI FY2025 $714.0M $144.6M 20.3% $3.6B 56/100

Frequently Asked Questions

What is The Trade Desk, Inc.'s annual revenue?

The Trade Desk, Inc. (TTD) reported $2.9B in total revenue for fiscal year 2025. This represents a 18.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is The Trade Desk, Inc.'s revenue growing?

The Trade Desk, Inc. (TTD) revenue grew by 18.5% year-over-year, from $2.4B to $2.9B in fiscal year 2025.

Is The Trade Desk, Inc. profitable?

Yes, The Trade Desk, Inc. (TTD) reported a net income of $443.3M in fiscal year 2025, with a net profit margin of 15.3%.

The Trade Desk, Inc. (TTD) reported diluted earnings per share of $0.90 for fiscal year 2025. This represents a 15.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

The Trade Desk, Inc. (TTD) had EBITDA of $705.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

The Trade Desk, Inc. (TTD) had a gross margin of 78.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

The Trade Desk, Inc. (TTD) had an operating margin of 20.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

The Trade Desk, Inc. (TTD) had a net profit margin of 15.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

The Trade Desk, Inc. (TTD) has a return on equity of 17.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

The Trade Desk, Inc. (TTD) generated $795.7M in free cash flow during fiscal year 2025. This represents a 24.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

The Trade Desk, Inc. (TTD) generated $992.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

The Trade Desk, Inc. (TTD) had $6.2B in total assets as of fiscal year 2025, including both current and long-term assets.

The Trade Desk, Inc. (TTD) invested $197.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

The Trade Desk, Inc. (TTD) invested $525.1M in research and development during fiscal year 2025.

Yes, The Trade Desk, Inc. (TTD) spent $1.4B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

The Trade Desk, Inc. (TTD) had a current ratio of 1.61 as of fiscal year 2025, which is generally considered healthy.

The Trade Desk, Inc. (TTD) had a debt-to-equity ratio of 1.48 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

The Trade Desk, Inc. (TTD) had a return on assets of 7.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

The Trade Desk, Inc. (TTD) trades at 14.2x earnings, its market capitalization divided by net income of $406.9M net income, trailing 12 months to June 30, 2026. The market capitalization is $5.8B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

The Trade Desk, Inc. (TTD) trades at 1.9x sales, its market capitalization divided by revenue of $3.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $5.8B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

The Trade Desk, Inc. (TTD) has an Altman Z-Score of 1.98, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

The Trade Desk, Inc. (TTD) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

The Trade Desk, Inc. (TTD) has an earnings quality ratio of 2.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

The Trade Desk, Inc. (TTD) has an interest coverage ratio of 329.23x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

The Trade Desk, Inc. (TTD) scores 69 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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