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The Trade Desk TTD Debt-to-equity

Debt-to-equity at other companies

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AmazonAMZN
0.5×0.0×
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Meta Platforms, Inc.META
0.4×+0.1×
Applovin Corporation logo
Applovin CorporationAPP
1.5×-5.0×
Adobe logo
AdobeADBE
0.6×0.0×
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TransUnionTRU
1.2×0.0×
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Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$688.9M+11.8%
Gross profit$506.9M+7.1%
Operating income$66.6M+22.4%
Net income$40.0M-21.1%
EPS (diluted)$0.08-20.0%

Balance sheet

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Cash & equivalents$878.4M-21.5%
Total debt$423.6M+26.5%
Total equity$2.5B-9.7%
Total assets$5.7B+0.5%

Cash flow

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Operating cash flow$391.8M+34.4%
CapEx$112.7M+90.7%
Free cash flow$279.1M+20.1%

Valuation

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Market cap$8.7B-60.2%
Enterprise value$8.25B-60.8%
P/E20.1×-33.0×
P/S2.9×-5.6×

Profitability

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Gross margin77.8%-2.3pp
Operating margin20.3%+2.6pp
Net margin14.6%-1.5pp
FCF margin28.4%+1.3pp

Returns & leverage

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Return on equity16.7%-0.1pp
Current ratio1.7×-0.1×

Where this comes from

Calculated from The Trade Desk’s reported figures.

Based on the most recent quarter.

The official record: The Trade Desk’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Trade Desk's debt-to-equity?
The Trade Desk (TTD) reported debt-to-equity of 0.2× in Q1 2026.
How has The Trade Desk's debt-to-equity changed year-over-year?
The Trade Desk's debt-to-equity increased by 40.0% year-over-year, from 0.1× to 0.2×.
What is the long-term trend for The Trade Desk's debt-to-equity?
Over 5 years (2020 to 2025), The Trade Desk's debt-to-equity has grown at a -9.5% compound annual growth rate (CAGR), from 0.3× to 0.2×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.