🚀 VC round data is live in beta, check it out!
theTradeDesk Valuation Multiples
Discover revenue and EBITDA valuation multiples for theTradeDesk and similar public comparables like Amdocs, CyberAgent, Zeta Global, Easy Click Worldwide and more.
theTradeDesk Overview
About theTradeDesk
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on devices like computers, smartphones, and connected TVs. It uses data in an iterative manner to optimize the performance of ad impressions purchased. The firm’s platform is referred to as a demand-side platform in the digital ad industry, and it generates revenue from fees based on a percentage of what its clients spend on advertising.
Founded
2009
HQ
Employees
3.5K
Website
Financials (LTM)
EV
$9B
theTradeDesk Financials
theTradeDesk reported last 12-month revenue of $3B and EBITDA of $1B.
In the same LTM period, theTradeDesk generated $2B in gross profit, $1B in EBITDA, and $473M in net income.
Revenue (LTM)
theTradeDesk P&L
In the most recent fiscal year, theTradeDesk reported revenue of $3B and EBITDA of $1B.
theTradeDesk expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | 79% | XXX | 79% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | 41% | XXX | 41% | XXX | XXX | XXX |
| EBIT Margin | 21% | XXX | 20% | XXX | XXX | XXX |
| Net Profit | $473M | XXX | $443M | XXX | XXX | XXX |
| Net Margin | 16% | XXX | 15% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
theTradeDesk Stock Performance
theTradeDesk has current market cap of $10B, and enterprise value of $9B.
Market Cap Evolution
theTradeDesk's stock price is $21.22.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $9B | $10B | 5.6% | XXX | XXX | XXX | $0.94 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialtheTradeDesk Valuation Multiples
theTradeDesk trades at 3.0x EV/Revenue multiple, and 7.4x EV/EBITDA.
EV / Revenue (LTM)
theTradeDesk Financial Valuation Multiples
As of April 14, 2026, theTradeDesk has market cap of $10B and EV of $9B.
Equity research analysts estimate theTradeDesk's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
theTradeDesk has a P/E ratio of 21.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $10B | XXX | $10B | XXX | XXX | XXX |
| EV (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV/Revenue | 3.0x | XXX | 3.1x | XXX | XXX | XXX |
| EV/EBITDA | 7.4x | XXX | 7.6x | XXX | XXX | XXX |
| EV/EBIT | 14.6x | XXX | 15.5x | XXX | XXX | XXX |
| EV/Gross Profit | 3.8x | XXX | 4.0x | XXX | XXX | XXX |
| P/E | 21.1x | XXX | 22.5x | XXX | XXX | XXX |
| EV/FCF | 11.2x | XXX | 11.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified theTradeDesk Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
theTradeDesk Margins & Growth Rates
theTradeDesk's revenue in the last 12 month grew by 13%.
theTradeDesk's revenue per employee in the last FY averaged $0.8M, while opex per employee averaged $0.5M for the same period.
theTradeDesk's rule of 40 is 53% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
theTradeDesk's rule of X is 73% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
theTradeDesk Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Margin | 41% | XXX | 41% | XXX | XXX | XXX |
| EBITDA Growth | 12% | XXX | 11% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 53% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 73% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.8M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 19% | XXX | 22% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 11% | XXX | 18% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 19% | XXX | 18% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 58% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
theTradeDesk Public Comps
See public comps and valuation multiples for other AdTech Software comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| theTradeDesk | XXX | XXX | XXX | XXX | XXX | XXX |
| Amdocs | XXX | XXX | XXX | XXX | XXX | XXX |
| CyberAgent | XXX | XXX | XXX | XXX | XXX | XXX |
| Zeta Global | XXX | XXX | XXX | XXX | XXX | XXX |
| Easy Click Worldwide | XXX | XXX | XXX | XXX | XXX | XXX |
| Mobvista | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
theTradeDesk M&A Activity
theTradeDesk acquired XXX companies to date.
Last acquisition by theTradeDesk was on XXXXXXXX, XXXXX. theTradeDesk acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by theTradeDesk
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialtheTradeDesk Investment Activity
theTradeDesk invested in XXX companies to date.
theTradeDesk made its latest investment on XXXXXXXX, XXXXX. theTradeDesk invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by theTradeDesk
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout theTradeDesk
| When was theTradeDesk founded? | theTradeDesk was founded in 2009. |
| Where is theTradeDesk headquartered? | theTradeDesk is headquartered in United States. |
| How many employees does theTradeDesk have? | As of today, theTradeDesk has over 3K employees. |
| Who is the CEO of theTradeDesk? | theTradeDesk's CEO is Jeffrey Terry Green. |
| Is theTradeDesk publicly listed? | Yes, theTradeDesk is a public company listed on Nasdaq. |
| What is the stock symbol of theTradeDesk? | theTradeDesk trades under TTD ticker. |
| When did theTradeDesk go public? | theTradeDesk went public in 2016. |
| Who are competitors of theTradeDesk? | theTradeDesk main competitors are Amdocs, CyberAgent, Zeta Global, Easy Click Worldwide. |
| What is the current market cap of theTradeDesk? | theTradeDesk's current market cap is $10B. |
| What is the current revenue of theTradeDesk? | theTradeDesk's last 12 months revenue is $3B. |
| What is the current revenue growth of theTradeDesk? | theTradeDesk revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of theTradeDesk? | Current revenue multiple of theTradeDesk is 3.0x. |
| Is theTradeDesk profitable? | Yes, theTradeDesk is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of theTradeDesk? | theTradeDesk's last 12 months EBITDA is $1B. |
| What is theTradeDesk's EBITDA margin? | theTradeDesk's last 12 months EBITDA margin is 41%. |
| What is the current EV/EBITDA multiple of theTradeDesk? | Current EBITDA multiple of theTradeDesk is 7.4x. |
| What is the current FCF of theTradeDesk? | theTradeDesk's last 12 months FCF is $813M. |
| What is theTradeDesk's FCF margin? | theTradeDesk's last 12 months FCF margin is 27%. |
| What is the current EV/FCF multiple of theTradeDesk? | Current FCF multiple of theTradeDesk is 11.2x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.