About The Trade Desk, Inc.
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.
The Trade Desk, Inc. (TTD) is a Communication Services company in the Advertising Agencies industry with a market capitalisation of $5.6B. The stock trades at 0.14x trailing earnings.
- Sector
- Communication Services
- Industry
- Advertising Agencies
- Market cap
- $5.6B
- P/E ratio
- 0.14
- Forward P/E
- 11.84
- EPS (TTM)
- $84.00
- Revenue (TTM)
- $3B
- Free cash flow
- $583M
- Profit margin
- 13.6%
- Beta
- 1.00
- Shares outstanding
- 429.7M
Financial health: Strong8.1/10
6 strengths, 1 concern. Weakest points: earnings growth.
- Current ratio: 1.61 (Strong, benchmark > 1.5) β Short-term assets cover 1.61x short-term liabilities, against Graham's 1.5x floor. It has deteriorated over the last 4 years.
- Return on equity: 15.4% (Strong, benchmark > 15%) β Earns 15.4% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 76.9% (Strong, benchmark > 40%) β Keeps 76.9% of revenue after the direct cost of sales, comfortably past the > 40% mark.
- Net margin: 13.6% (Strong, benchmark > 10%) β Turns 13.6% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $795.7M (Strong, benchmark positive) β Generated $795.7M of free cash flow after capital spending. It has improved over the last 4 years.
- Revenue growth: 3.0% (Watch, benchmark > 10%) β Revenue changed 3.0% year on year, short of the > 10% mark.
- Earnings growth: -23.6% (Concern, benchmark > 10%) β Earnings changed -23.6% year on year, well short of the > 10% mark.
- PEG ratio: 0.91 (Strong, benchmark < 1) β At 0.91, the price looks cheap relative to expected growth β Lynch treated 1.0 as fair value.