Trade Desk (TTD) Price to Earnings (2017 - 2026)
Trade Desk's (TTD) Price to Earnings was 20.87 for Q2 2026, down 75.3% from 84.54 a year earlier and down 15.5% from the prior quarter.
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Analysis
Trade Desk (TTD) Price to Earnings (2017 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Trade Desk was 40.75, down 72.5% from FY2024.
- Price to Earnings has declined for three consecutive years.
- By year, Price to Earnings came in at 148.33 in FY2024 (-24.6%), 196.62 in FY2023 (-52.3%), 411.87 in FY2022 (+41.0%) and 292.16 in FY2021 (+108.8%).
- The Q2 2026 figure ranks as the lowest quarterly Price to Earnings in data going back to Q1 2017.
- Year over year, Price to Earnings has now declined in each of the last 11 quarters, with an average decline of 57.3% over the last eight quarters.
- The high point for year-over-year Price to Earnings in five years was Q2 2022 (growth of 294.8%); the low point was Q2 2026 (a decline of 75.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 24.70 (Q1 2026), 40.75 (Q4 2025) and 54.17 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,109.95 Bn | 3,867.48 Bn | 73.85 Bn |
| 2 | Netflix | 282.52 Bn | 242.72 Bn | 6.52 Bn |
| 3 | Alibaba Group Holding | 249.53 Bn | 67.40 Bn | 15.11 Bn |
| 4 | Shopify | 193.10 Bn | 170.29 Bn | 1.71 Bn |
| 5 | Uber Technologies | 138.52 Bn | 110.49 Bn | 6.38 Bn |
| 6 | Booking Holdings | 120.43 Bn | 53.48 Bn | - |
| 7 | PDD Holdings | 108.89 Bn | -143.04 Bn | 9.45 Bn |
| 8 | Spotify Technology | 101.14 Bn | 58.37 Bn | 1.86 Bn |
| 9 | Airbnb | 94.68 Bn | 47.91 Bn | 2.98 Bn |
| 10 | Trade Desk | 5.68 Bn | 42.90 Mn | 530.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.87 |
| Mar 31, 2026 | 24.70 |
| Dec 31, 2025 | 40.75 |
| Sep 30, 2025 | 54.17 |
| Jun 30, 2025 | 84.54 |
| Mar 31, 2025 | 65.24 |
| Dec 31, 2024 | 148.33 |
| Sep 30, 2024 | 175.57 |
| Jun 30, 2024 | 189.51 |
| Mar 31, 2024 | 212.27 |
| Dec 31, 2023 | 196.62 |
| Sep 30, 2023 | 250.73 |
| Jun 30, 2023 | 292.62 |
| Mar 31, 2023 | 384.64 |
| Dec 31, 2022 | 411.87 |
| Jun 30, 2022 | 551.12 |
| Mar 31, 2022 | 304.35 |
| Dec 31, 2021 | 292.16 |
| Sep 30, 2021 | 108.84 |
| Jun 30, 2021 | 139.61 |
API Access
Trade Desk Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=TTD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "TTD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=TTD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();