What is The Trade Desk's foreign — cash paid for income taxes?

The Trade Desk (TTD) reported foreign — cash paid for income taxes of $0 in Q4 2023.

What does foreign — cash paid for income taxes mean?

This metric measures the actual cash outflows related to income tax obligations incurred by the company's foreign entities during the reporting period. Unlike the tax expense reported on the income statement, this figure represents the actual liquidity impact of tax payments made to international tax authorities. It is a key indicator of the effective tax burden and cash flow efficiency of the company's global footprint.

The Trade Desk TTD Foreign — Cash paid for income taxes

Discontinued — last reported Q4 '23

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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

See full

Gross margin77.8%-2.3pp

Operating margin20.3%+2.6pp

Net margin14.6%-1.5pp

FCF margin28.4%+1.3pp

Returns & leverage

See full

Return on equity16.7%-0.1pp

Debt / equity0.2×0.0×

Current ratio1.7×-0.1×

Where this comes from

Reported directly by The Trade Desk in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxesPaidNet.

The official record: The Trade Desk’s 10-K, filed February 15, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Trade Desk's foreign — cash paid for income taxes?: The Trade Desk (TTD) reported foreign — cash paid for income taxes of $0 in Q4 2023.
What does foreign — cash paid for income taxes mean?: This metric measures the actual cash outflows related to income tax obligations incurred by the company's foreign entities during the reporting period. Unlike the tax expense reported on the income statement, this figure represents the actual liquidity impact of tax payments made to international tax authorities. It is a key indicator of the effective tax burden and cash flow efficiency of the company's global footprint.