# The Trade Desk, Inc. (TTD) — Stock CV

The Trade Desk, Inc. is a $5.72B technology company. Revenue grew 11.6% over the last year, and it keeps 14¢ of every dollar of sales as profit. It trades at 14.0× earnings — near the lowest of its own history.

> 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.

## Identity

- **Ticker**: TTD
- **Sector**: Technology
- **Industry**: Services-Computer Programming, Data Processing, Etc.
- **Headquarters**: VENTURA, CA
- **Employees**: 3 843
- **Website**: https://www.thetradedesk.com
- **Market cap**: $5.72B
- **Last price**: $12.10
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $2.99B
- **Net income**: $407M
- **Free cash flow**: $863M
- **P/E**: 14.0
- **Revenue growth (YoY)**: 11.6%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 100 |
| Growth | 82 |
| Profitability | 85 |
| Health | 43 |
| Quality | 77 |
| Moat | 87 |

## Qualifications (beginner checklist) — 9 of 10 passed

- [x] Revenue growing — +11.6% YoY
- [x] Profitable — $407M TTM
- [x] Profit growing — +103.4% YoY
- [x] Generates cash — $863M TTM
- [x] Debt under control — current ratio 1.72
- [x] Established company — $5.72B market cap
- [x] Not printing shares — +0.7% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 43/100
- [x] Valuation not extreme — P/E 14.0

## Experience (career milestones)

- **FY2025** — Best year on record: $443M net income
- **FY2021** — Revenue crossed $1B: $1.20B for the year
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Positive free cash flow every year since: 10-year streak

## Strengths

- High gross margin (76.9%)
- Revenue growing 11.6% year over year
- Strong cash conversion — FCF is 28.9% of revenue
- Interest covered 44.6× by operating earnings
- High returns on invested capital (ROIC 37.5%)

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $1.20B | $138M | $324M |
| FY2022 | $1.58B | $53.4M | $465M |
| FY2023 | $1.95B | $179M | $552M |
| FY2024 | $2.44B | $393M | $641M |
| FY2025 | $2.90B | $443M | $796M |

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Source: https://stockcv.com/TTD — derived from company filings; may be delayed or incomplete. Information, not investment advice.