Trade Desk (The) (TTD) valuation
Trade Desk (The) P/E ratio history
Trade Desk (The) trades at 14.6 times its earnings over the last twelve months and 11.4 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 39.8 (year to Dec 2017) to 407.6 (year to Dec 2022), with a median of 150.7.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $37.96 | $0.90 | 42.2 | 36.5 |
| Dec 31, 2024 | $117.53 | $0.78 | 150.7 | 62.5 |
| Dec 31, 2023 | $71.96 | $0.36 | 199.9 | 52.1 |
| Dec 31, 2022 | $44.83 | $0.11 | 407.6 | 42.4 |
| Dec 31, 2021 | $91.64 | $0.28 | 327.3 | 113.1 |
| Dec 31, 2020 | $80.10 | $0.49 | 163.5 | — |
| Dec 31, 2019 | $25.98 | $0.23 | 113.0 | — |
| Dec 31, 2018 | $11.61 | $0.19 | 60.5 | — |
| Dec 31, 2017 | $4.57 | $0.12 | 39.8 | — |
| Dec 31, 2016 | $2.77 | -$0.15 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Trade Desk (The) valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Trade Desk (The)TTD | $5.78B | 14.6 | 11.4 | 1.9 |
| MagniteMGNI | $3.08B | 19.5 | 17.7 | 4.2 |
| Akamai TechnologiesAKAM | $13.5B | 33.5 | 13.8 | 3.1 |
| GoDaddyGDDY | $15.5B | 16.1 | 13.4 | 3.0 |
| Omnicom GroupOMC | $22.3B | 78.9 | 7.5 | 0.9 |
| VerisignVRSN | $27.7B | 33.1 | 29.0 | 16.0 |
| Nebius GroupNBIS | $39.1B | — | — | 28.9 |
| eBayEBAY | $54.1B | 26.4 | 18.1 | 4.4 |
| CarvanaCVNA | $75.2B | 32.9 | 32.9 | 2.7 |
| Peer median | 32.9 | 17.7 | 3.6 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: TTD financials · TTD returns
No forecast, no recommendation. This page describes Trade Desk (The) from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.