The Trade Desk valuation

TTD · NASDAQ · USD

$11.87Change from previous close: −0.46%Absolute change: −$0.05

Close · October 7, 2026

Valuation

The P/E ratio is 14.4. The average price target of 30 analysts is $13.57.

Data as of October 7, 2026

Valuation multiples

Market cap
$5.64B
Enterprise value
$4.55B
P/E (trailing 12 months)
14.4
Forward P/E
11.9
PEG
0.86
Price/book
2.17
Price/sales
1.88
EV/EBITDA
6.52
EV/revenue
1.52

Profitability and growth

Gross margin
76.9%
Operating margin
14.2%
Net margin
13.6%
ROE
15.4%
ROA
6.3%
ROIC
24.8%
Revenue growth (year over year)
3.0%
Earnings growth (year over year)
-23.6%

Financial health

Total cash
$1.49B
Total debt
$434.11M
Debt/equity
0.17
Current ratio
1.72
Quick ratio
1.68
Altman Z-Score
4.72
Piotroski F-Score
6.00

Dividends

Dividend yield
0.0%
Payout ratio
0.0%

Analysts and estimates

Average price target
$13.57
Median price target
$13.50
High price target
$20.00
Low price target
$9.00
Analysts with a price target
30
Consensus
Hold
Forward EPS
$1.00
EPS estimate, current year
$1.16

Shares and trading

Beta
0.99
Average volume
23.53M
Shares outstanding
429.69M
Float
416.52M
Institutional ownership
88.9%
Insider ownership
2.6%
Short interest (% of float)
24.2%
Short ratio (days)
5.05