Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Trade Desk, Inc.

TTD · Nasdaq · Technology

Fundamental quality

ATTRACTIVE

89

out of 100

Breakdown by area

I.GrowthEPS growth: 89.7% · Revenue growth: 21.5%
95
II.ProfitabilityNet margin: 14.6% · ROE: 17.6%
78
III.Financial healthNet debt/EBITDA: -1.21x · FCF: 28.4%
95

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Strengths

  • Growing revenue (21.5% annualized).
  • Growing earnings per share (89.7% annualized).
  • Strong free-cash-flow generation (FCF margin of 28.4%).
  • Net cash position: more cash than debt.

Risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
2021$1,196M$138M$324M-$754M
2022$1,578M$53M$465M-$1,031M
2023$1,946M$179M$552M-$895M
2024$2,445M$393M$641M-$1,369M
2025$2,896M$443M$796M-$658M

Between 2021 and 2025, revenue went from $1,196M to $2,896M (+142%) and net income went from $138M to $443M (+222%).

Annual figures in U.S. dollars per SEC filings. Net debt is total debt minus cash.

Frequently asked questions

Is Trade Desk, Inc. a profitable company?

Yes. Trade Desk, Inc. shows a net margin of 14.6% and an ROE of 17.6%, a sign of a profitable business.

Does Trade Desk, Inc. have a lot of debt?

No. Trade Desk, Inc. has a net cash position: more cash than debt.

Is Trade Desk, Inc. growing?

Its revenue has grown 21.5% annualized in recent years and its earnings per share 89.7%.

Does Trade Desk, Inc. generate cash?

Yes. It converts about 28.4% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Is Trade Desk, Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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