APPS vs TTD vs IBTA Stock Comparison

Digital Turbine, Trade Desk and Ibotta Prices as of Oct 26, 2026 Peers: Industry group
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APPS Digital Turbine, Inc.
$9.62 -13.4% 1M +44.4% 1Y
Market cap
$1.18B
P/E
–
Revenue (TTM)
—
Div. yield
–
Digital Advertising Technology
2 wins
TTD Trade Desk, Inc.
$12.77 +1.3% 1M -75.4% 1Y
Market cap
$5.95B
P/E
14.6x
Revenue (TTM)
$2.99B
Div. yield
–
Digital Advertising Technology
6 wins
IBTA Ibotta, Inc.
$48.75 +18.7% 1M +42.3% 1Y
Market cap
$1.14B
P/E
–
Revenue (TTM)
$343.17M
Div. yield
–
Digital Advertising Technology

Head to Head

8 decided of 12

Trade Desk leads on 6 of the 12 questions below (Trade Desk 6, Digital Turbine 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPPSTTDIBTALeader
Larger companyMarket capitalisation $1.18B $5.95B $1.14B TTD
Cheaper on earningsLower P/E, profitable companies only — 14.6x -103.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.0x 34.5x — APPS
Faster revenue growthRevenue growth, trailing twelve months — +11.6% -6.6% TTD
More profitableNet margin, trailing twelve months — 13.6% -3.2% TTD
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +44.4% -75.4% +42.3% APPS
Better 5-year returnAnnualised price return, 5 years -35.1%/yr -29.5%/yr — TTD
Less volatileAnnualised volatility, 1 year 93.6% 58.0% 76.9% TTD
Higher overall scoreMean of the five percentile scores vs peers — 74/100 47/100 TTD

Percentile Scorecard

APPSTTDIBTA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPPSTTDIBTA
Valuation – 81 #32 of 167 40 #100 of 167
Growth – 62 #59 of 153 4 #147 of 153
Profitability – 84 #25 of 153 49 #78 of 153
Financial Health 21 #141 of 179 53 #85 of 179 58 #76 of 179
Shareholder Returns – 88 #12 of 94 84 #16 of 94
Overall – 74 47
  • APPS ranked among 185 companies in Internet Platforms
  • TTD ranked among 185 companies in Internet Platforms
  • IBTA ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPPSTTDIBTASPY
1 month -13.4%+1.3%+18.7% -0.8%
3 months +12.0%-28.6%+77.8% +3.5%
6 months +169.5%-44.8%+36.9% +7.0%
Year to date +92.4%-66.4%+114.5% +12.2%
1 year +44.4%-75.4%+42.3% +13.0%
3 years +102.5%-80.9%— +86.3%
3 years, per year +26.5%-42.4%— +23.1%
5 years -88.5%-82.5%— +68.6%
5 years, per year -35.1%-29.5%— +11.0%
10 years +1,182.7%+352.8%— +258.0%
10 years, per year +29.1%+16.3%— +13.6%

Risk

MeasureAPPSTTDIBTASPY
Volatility, 1Y 93.6%58.0%76.9% 12.7%
Downside volatility, 1Y 76.2%61.1%68.9% 12.7%
Beta vs S&P 500, 1Y 2.060.831.21 1.00
Return / volatility, 1Y 0.47-1.300.55 1.02
Max drawdown, 5Y -98.7%-91.5%-82.5% -25.4%
From 52-week high -33.1%-76.2%-0.5% -1.8%
52-week high $14.39$53.61$49.01 $779.14
52-week low $2.82$11.92$19.25 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPPSTTDIBTA
P/E now vs peer median —median 17.5x 14.7xmedian 17.5x -103.0xmedian 17.5x
P/S now vs peer median —median 1.4x 2.0xmedian 1.4x 3.3xmedian 1.4x
EV/EBITDA now vs peer median —median 14.5x 6.3xmedian 14.5x -539.5xmedian 14.5x
P/FCF now vs peer median —median 12.1x 6.9xmedian 12.1x 15.2xmedian 12.1x
P/B now vs peer median 5.7xmedian 1.7x 2.3xmedian 1.7x 4.7xmedian 1.7x
PEG now vs peer median —median 0.41 0.30median 0.41 —median 0.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPPSTTDIBTA
Revenue – $2.99B $343.17M
Gross profit – $2.30B $268.50M
Operating income – $586.32M -$11.99M
Net income – $406.89M -$11.02M
Free cash flow – $863.05M $74.46M
R&D – $541.95M $57.84M
EPS (diluted) – $0.87 $-0.47
Cash & equivalents $37.96M $1.12B $148.17M
Total debt $360.96M – –
Shares (diluted) 120.47M 469.95M 23.28M
Enterprise value $1.03B $306.07M $414.47M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPPSTTDIBTA
P/E – 14.7x -103.0x
P/FCF – 6.9x 15.2x
P/Operating cash flow – 5.5x 12.2x
P/S – 2.0x 3.3x
P/B 5.7x 2.3x 4.7x
P/Tangible book -67.2x 2.3x 4.7x
EV/EBITDA – 6.3x -539.5x
EV/EBIT – 7.7x -82.3x
EV/Revenue – 1.5x 2.9x
EV/FCF – 5.2x 13.3x
EV/Operating cash flow – 4.2x 10.6x
PEG (3Y EPS CAGR) – 0.30 –

Growth

14 metrics
MetricAPPSTTDIBTA
Revenue growth (1Y) – 11.6% -6.6%
Revenue CAGR (3Y) – 20.0% –
Gross profit growth (1Y) – 8.0% -12.0%
Gross profit CAGR (3Y) – 17.7% –
Operating income growth (1Y) – 23.4% -137.3%
Operating income CAGR (3Y) – 58.5% –
Net income growth (1Y) – -2.5% -111.4%
Net income CAGR (3Y) – 46.5% –
EPS growth (1Y) – 2.9% -114.9%
EPS CAGR (3Y) – 49.5% –
Operating cash flow growth (1Y) – 16.4% -13.1%
Operating cash flow CAGR (3Y) – 20.0% –
Free cash flow growth (1Y) – 14.2% -26.4%
Free cash flow CAGR (3Y) – 17.0% –

Profitability

14 metrics
MetricAPPSTTDIBTA
Gross margin – 76.9% 78.2%
EBITDA margin – 23.8% -0.5%
Operating margin – 19.6% -3.5%
Pretax margin – 21.5% -1.3%
Net margin – 13.6% -3.2%
FCF margin – 28.9% 21.7%
Operating cash flow margin – 36.2% 27.2%
Return on equity – 16.2% -4.5%
Return on assets – 7.1% -2.3%
Return on invested capital – – –
Return on capital employed – 19.8% -4.5%
Asset turnover – 0.5x 0.7x
Cash conversion (OCF / net income) – 2.7x -8.5x
Stock comp / revenue – 15.1% 14.1%

Financial Health

11 metrics
MetricAPPSTTDIBTA
Debt / assets 42.9% – –
Debt / equity 1.8x – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 76.2% 55.3% 50.2%
Equity / assets 23.8% 44.7% 49.8%
Interest coverage – – –
Current ratio 1.2x 1.7x 1.7x
Quick ratio 1.5x 1.7x 1.6x
Cash ratio 0.1x 0.5x 0.7x
Altman Z-score – 2.23 3.37

Shareholder Returns

7 metrics
MetricAPPSTTDIBTA
Dividend yield – – –
Net buyback yield – 15.6% 13.8%
Shareholder yield – 15.6% 13.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPPSTTDIBTA
Forward P/E 13.0xFY2026 34.5xFY2026 –
EPS, next fiscal year $0.74FY2026 $0.37FY2026 $-0.64FY2026
EPS growth, next FY +32.1%FY2026 -58.9%FY2026 -633.3%FY2026
EPS growth, the year after +32.4% -29.7% –
Revenue, next fiscal year $690.88MFY2026 $2.86BFY2026 $334.20MFY2026
Revenue growth, next FY +22.2%FY2026 -1.5%FY2026 -2.4%FY2026
Revenue growth, the year after +3.6% -12.9% +22.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPPSTTDIBTA
Held by institutions 64.5% 88.4% 69.4%
Institutions holding 211 683 149
Change in shares held, QoQ +7.1% +1.9% -1.6%
Institutions buying 128 338 68
Institutions selling 62 253 48
Buyers to sellers 2.06 1.34 1.42

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APPSTTDIBTA
APPS 1.00 0.18 0.19
TTD 0.18 1.00 0.22
IBTA 0.19 0.22 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APPS, TTD and IBTA?

Trade Desk (TTD) is the largest by market capitalisation: Digital Turbine (APPS) $1.18B, Trade Desk (TTD) $5.95B, Ibotta (IBTA) $1.14B.

Which company is growing faster?

Trade Desk (TTD) grew revenue fastest over the trailing twelve months: Trade Desk (TTD) +11.6%, Ibotta (IBTA) -6.6%.

Which company is more profitable?

Trade Desk (TTD) has the highest net margin (Trade Desk (TTD) 13.6%, Ibotta (IBTA) -3.2%).

Which stock has performed better?

Over the past year Digital Turbine (APPS) returned the most: Digital Turbine (APPS) +44.4%, Trade Desk (TTD) -75.4%, Ibotta (IBTA) +42.3%. Over five years, Trade Desk (TTD) compounded fastest (Digital Turbine (APPS) -35.1%/yr, Trade Desk (TTD) -29.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Trade Desk (TTD) has been the steadiest (Digital Turbine (APPS) 93.6%, Trade Desk (TTD) 58.0%, Ibotta (IBTA) 76.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APPS, TTD and IBTA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Trade Desk (TTD) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.