Trade Desk, Inc. - Understand $ttd stock

$TTD Market Cap: $68.86 Billion

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Financial Snapshot

Revenue

$2.310B

TTM

Gross Margin

80.96%

TTM

Net Earnings

$308.2M

TTM

Current Assets

$4.838B

Q3 2024

Current Liabilities

$2.615B

Q3 2024

Current Ratio

185.02%

Q3 2024

Total Assets

$5.505B

Q3 2024

Total Liabilities

$2.880B

Q3 2024

Book Value

$2.626B

Q3 2024

Cash

$1.221B

Q3 2024

P/E

223.4

Nov 29, 2024 EST

Free Cash Flow

$521.1M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$1.946B	$1.578B	$1.196B	$836.0M	$661.1M	$477.3M	$308.2M	$202.9M	$113.8M	$44.55M
YoY Change	23.34%	31.87%	43.11%	26.47%	38.5%	54.86%	51.89%	78.26%	155.54%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$1.946B	$1.578B	$1.196B	$836.0M	$661.1M	$477.3M	$308.2M	$202.9M	$113.8M	$44.55M
Cost Of Revenue	$365.6M	$281.1M	$221.6M	$178.8M	$156.2M	$114.1M	$66.23M	$39.88M	$22.97M	$12.56M
Gross Profit	$1.581B	$1.297B	$974.9M	$657.2M	$504.9M	$363.2M	$242.0M	$163.1M	$90.87M	$31.99M
Gross Profit Margin	81.21%	82.18%	81.48%	78.61%	76.37%	76.09%	78.51%	80.35%	79.82%	71.81%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Selling, General & Admin	$968.2M	$863.1M	$624.0M	$346.4M	$275.9M	$172.0M	$119.8M	$78.22M	$40.07M	$23.98M
YoY Change	12.18%	38.33%	80.15%	25.52%	60.44%	43.53%	53.19%	95.21%	67.13%
% of Gross Profit	61.26%	66.57%	64.0%	52.7%	54.65%	47.35%	49.52%	47.97%	44.1%	74.95%
Research & Development	$411.8M	$319.9M	$226.1M	$166.7M	$116.8M	$83.89M	$52.81M	$27.31M	$12.82M	$7.250M
YoY Change	28.74%	41.45%	35.69%	42.74%	39.17%	58.87%	93.34%	113.07%	76.81%
% of Gross Profit	26.05%	24.67%	23.2%	25.36%	23.12%	23.1%	21.82%	16.75%	14.11%	22.66%
Depreciation & Amortization	$80.42M	$54.43M	$42.22M	$28.60M	$21.66M	$11.82M	$7.209M	$3.798M	$1.828M	$680.0K
YoY Change	47.76%	28.91%	47.62%	32.03%	83.23%	63.99%	89.81%	107.77%	168.82%
% of Gross Profit	5.09%	4.2%	4.33%	4.35%	4.29%	3.25%	2.98%	2.33%	2.01%	2.13%
Operating Expenses	$1.380B	$1.183B	$850.1M	$513.0M	$392.7M	$255.9M	$172.6M	$105.5M	$52.89M	$31.23M
YoY Change	16.65%	39.16%	65.71%	30.64%	53.47%	48.22%	63.58%	99.53%	69.38%
Operating Profit	$200.5M	$113.7M	$124.8M	$144.2M	$112.2M	$107.3M	$69.36M	$57.52M	$37.98M	$764.0K
YoY Change	76.4%	-8.94%	-13.45%	28.53%	4.54%	54.74%	20.58%	51.44%	4871.2%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	$67.52M	$13.72M	-$2.781M	-$300.0K	$4.000M	$1.550M	$1.791M	$3.075M	$1.141M	$843.0K
YoY Change	392.24%	-593.2%	827.0%	-107.5%	158.06%	-13.46%	-41.76%	169.5%	35.35%
% of Operating Profit	33.68%	12.07%	-2.23%	-0.21%	3.57%	1.44%	2.58%	5.35%	3.0%	110.34%
Other Income/Expense, Net	$67.52M	$13.72M	-$2.781M	-$305.0K	$4.024M	-$1.586M	-$5.731M	-$13.68M	-$8.125M	-$1.707M
YoY Change	392.24%	-593.2%	811.8%	-107.58%	-353.72%	-72.33%	-58.12%	68.42%	375.98%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	$268.0M	$127.4M	$122.0M	$143.9M	$116.2M	$105.7M	$63.63M	$43.83M	$29.86M	-$943.0K
YoY Change	110.41%	4.37%	-15.2%	23.82%	9.91%	66.19%	45.15%	46.82%	-3265.96%
Income Tax	$89.06M	$73.99M	-$15.73M	-$98.41M	$7.902M	$17.60M	$12.83M	$23.35M	$13.93M	-$948.0K
% Of Pretax Income	33.23%	58.09%	-12.89%	-68.39%	6.8%	16.64%	20.16%	53.27%	46.65%
Net Earnings	$178.9M	$53.39M	$137.8M	$242.3M	$108.3M	$88.14M	$50.80M	$20.48M	$15.93M	$5.000K
YoY Change	235.19%	-61.25%	-43.15%	123.71%	22.89%	73.51%	148.01%	28.58%	318480.0%
Net Earnings / Revenue	9.19%	3.38%	11.51%	28.98%	16.39%	18.47%	16.48%	10.09%	13.99%	0.01%
Basic Earnings Per Share	$0.37	$0.11	$0.29	$0.52	$0.24	$2.08	$1.26	-$1.46	$0.85
Diluted Earnings Per Share	$0.36	$0.11	$0.28	$0.49	$0.23	$1.92	$1.15	-$1.46	$0.39	$0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$1.380B	$1.447B	$958.8M	$624.0M	$255.0M	$207.2M	$156.0M	$133.4M	$4.000M	$17.30M
YoY Change	-4.58%	50.88%	53.65%	144.71%	23.07%	32.82%	16.94%	3235.0%	-76.88%
Cash & Equivalents	$895.1M	$1.031B	$754.2M	$437.4M	$130.9M	$207.2M	$156.0M	$133.4M	$4.000M	$17.30M
Short-Term Investments	$485.2M	$416.1M	$204.6M	$186.7M	$124.1M
Other Short-Term Assets	$63.35M	$51.84M	$112.2M	$102.2M	$27.90M	$14.50M	$10.30M	$5.800M	$3.800M	$1.400M
YoY Change	22.22%	-53.78%	9.74%	266.31%	92.41%	40.78%	77.59%	52.63%	171.43%
Inventory
Prepaid Expenses
Receivables	$2.870B	$2.347B	$2.021B	$1.584B	$1.166B	$834.8M	$599.6M	$377.2M	$191.9M	$78.40M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$4.314B	$3.846B	$3.092B	$2.310B	$1.449B	$1.057B	$765.8M	$516.4M	$199.8M	$97.10M
YoY Change	12.18%	24.39%	33.82%	59.42%	37.17%	37.96%	48.3%	158.46%	105.77%
Property, Plant & Equipment	$359.2M	$394.2M	$369.9M	$364.0M	$237.5M	$33.00M	$17.40M	$14.80M	$6.600M	$2.400M
YoY Change	-8.88%	6.54%	1.63%	53.26%	619.7%	89.66%	17.57%	124.24%	175.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$198.7M	$122.4M	$101.4M	$67.80M	$33.00M	$20.20M	$9.500M	$3.700M	$2.100M	$2.000M
YoY Change	62.37%	20.66%	49.57%	105.45%	63.37%	112.63%	156.76%	76.19%	5.0%
Total Long-Term Assets	$574.7M	$535.1M	$485.7M	$443.3M	$279.6M	$61.40M	$31.40M	$21.20M	$10.40M	$5.100M
YoY Change	7.41%	10.17%	9.56%	58.55%	355.37%	95.54%	48.11%	103.85%	103.92%
Total Assets	$4.889B	$4.381B	$3.577B	$2.754B	$1.729B	$1.118B	$797.2M	$537.6M	$210.2M	$102.2M
YoY Change
Accounts Payable	$2.317B	$1.871B	$1.656B	$1.349B	$868.6M	$669.1M	$490.4M	$321.2M	$108.5M	$58.30M
YoY Change	23.83%	13.03%	22.78%	55.25%	29.82%	36.44%	52.68%	196.04%	86.11%
Accrued Expenses	$193.5M	$157.9M	$147.6M	$126.2M	$61.80M	$44.80M	$28.20M	$23.00M	$9.900M	$4.500M
YoY Change	22.56%	6.97%	16.97%	104.21%	37.95%	58.87%	22.61%	132.32%	120.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due									$500.0K	$100.0K
YoY Change									400.0%
Total Short-Term Liabilities	$2.511B	$2.029B	$1.803B	$1.475B	$930.4M	$714.0M	$518.5M	$344.1M	$118.9M	$62.80M
YoY Change	23.73%	12.53%	22.28%	58.5%	30.31%	37.7%	50.68%	189.4%	89.33%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$27.00M	$25.80M	$52.80M	$17.50M
YoY Change						-100.0%	4.65%	-51.14%	201.71%
Other Long-Term Liabilities	$213.6M	$236.0M	$246.7M	$265.8M	$185.9M	$9.300M	$6.000M	$3.200M	$100.0K	$100.0K
YoY Change	-9.49%	-4.34%	-7.17%	42.98%	1898.92%	55.0%	87.5%	3100.0%	0.0%
Total Long-Term Liabilities	$213.6M	$236.0M	$246.7M	$265.8M	$185.9M	$9.300M	$33.00M	$29.00M	$52.90M	$17.60M
YoY Change	-9.49%	-4.34%	-7.17%	42.98%	1898.92%	-71.82%	13.79%	-45.18%	200.57%
Total Liabilities	$2.724B	$2.265B	$2.050B	$1.741B	$1.116B	$723.3M	$551.6M	$373.2M	$171.9M	$80.40M
YoY Change	20.27%	10.5%	17.78%	55.93%	54.32%	31.13%	47.8%	117.1%	113.81%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	489.3M shares	486.9M shares	476.9M	462.9M	445.3M	42.44M	40.26M	18.28M	10.29M	10.23M shares
Diluted Shares Outstanding	500.2M shares	499.9M shares	498.5M	489.9M	478.1M	45.79M	44.06M	18.28M	16.78M	13.13M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $68.859 Billion

About Trade Desk, Inc.

The Trade Desk, Inc. engages in the provision of a self-service and cloud-based ad-buying platform. The company is headquartered in Ventura, California and currently employs 3,115 full-time employees. The company went IPO on 2016-09-21. The Company’s platform allows clients to execute integrated campaigns across ad formats and channels, including video, which includes connected television (CTV), display, audio, digital-out-of-home, native and social, on a multitude of devices, such as computers, mobile devices, televisions and streaming devices. Its platform provides integrated access to a range of omnichannel inventory and data sources, as well as third-party services. Its platform’s integrations with inventory, publishers and data partners provides ad buyers with reach and decision capabilities, and its enterprise application programming interfaces (APIs) enable its clients to customize and expand platform functionality. The Company’s clients are advertising agencies, advertisers and other service providers for agencies or advertisers.

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