TTD (The Trade Desk) Debt-to-EBITDA : 0.96 (As of Mar. 2026) — 14% Above Median

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TTD The Trade Desk Inc TTD
86 GF Score
Price $18.59
GF Value $125.72
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is The Trade Desk Debt-to-EBITDA?

The Trade Desk TTD -2.77% 86 Debt-to-EBITDA is 0.96 as of Mar. 2026, which is 14% above its 10-year median of 0.84. GuruFocus rates TTD with a GF Score™ of 86/100 and a GF Value™ of $125.72 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 677 Media - Diversified companies, The Trade Desk ranks better than 73.86% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

The Trade Desk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $78 Mil. The Trade Desk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $346 Mil. The Trade Desk's annualized EBITDA for the quarter that ended in Mar. 2026 was $443 Mil. The Trade Desk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.96.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for The Trade Desk's Debt-to-EBITDA or its related term are showing as below:

TTD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 0.84   Max: 1.7
Current: 0.57

During the past 12 years, the highest Debt-to-EBITDA Ratio of The Trade Desk was 1.70. The lowest was 0.35. And the median was 0.84.

TTD's Debt-to-EBITDA is ranked better than
73.86% of 677 companies
in the Media - Diversified industry
Industry Median: 1.66 vs TTD: 0.57

The Trade Desk  (NAS:TTD) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


The Trade Desk Debt-to-EBITDA Related Terms


The Trade Desk Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for The Trade Desk's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Trade Desk Debt-to-EBITDA Chart

The Trade Desk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.55 0.84 0.61 0.62

The Trade Desk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.60 0.48 0.38 0.96

TTD vs LFTO, MGNI, ZD: Debt-to-EBITDA Comparison

For the Advertising Agencies subindustry, The Trade Desk's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Trade Desk Debt-to-EBITDA vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Trade Desk's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where The Trade Desk's Debt-to-EBITDA falls into.


TTD
86GF Score
The Trade Desk Inc TTD
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Trade Desk Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

The Trade Desk's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(76.355 + 359.975) / 705.105
=0.62

The Trade Desk's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(77.505 + 346.07) / 443.048
=0.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.96 mean?
The Trade Desk (TTD) has a Debt-to-EBITDA of 0.96 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on The Trade Desk. This is 14% above median its historical median of 0.84. Over the past decade, The Trade Desk's Debt-to-EBITDA has ranged from 0.35 to 1.70. According to the industry distribution chart, The Trade Desk ranks #177 out of 677 companies in the Media - Diversified industry, placing it in the top 26.1%.
Is The Trade Desk's Debt-to-EBITDA too high?
The Trade Desk's current Debt-to-EBITDA of 0.96 is 14% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.70. The Media - Diversified industry median Debt-to-EBITDA is 1.66. The Trade Desk's value of 0.96 is 42.2% below this industry median. Based on the distribution chart, The Trade Desk ranks #177 out of 677 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, The Trade Desk has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Trade Desk's Debt-to-EBITDA compare to LFTO and MGNI?
According to the Media - Diversified industry distribution chart, The Trade Desk ranks #177 out of 677 companies for Debt-to-EBITDA. This puts The Trade Desk in the upper half of its industry. The industry median Debt-to-EBITDA is 1.66. The Trade Desk's value of 0.96 is 42.2% below this benchmark. Historically, The Trade Desk's own Debt-to-EBITDA has ranged from 0.35 to 1.70 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.66, The Trade Desk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.66, based on 677 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Trade Desk's current Debt-to-EBITDA of 0.96 is 42.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on The Trade Desk. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Trade Desk's current Debt-to-EBITDA is 0.96, which is 14% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Trade Desk stock overvalued right now?
Based on GuruFocus' analysis, The Trade Desk (TTD) is currently considered Significantly Undervalued. The stock's GF Value™ is $125.72, compared to a current price of $18.59 — trading 85.2% below its estimated fair value. The current Debt-to-EBITDA is 0.96, which is 14% above median its 10-year median of 0.84 and 42.2% below the Media - Diversified industry median of 1.66. The Trade Desk's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For The Trade Desk (TTD), the current Debt-to-EBITDA is 0.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Trade Desk (TTD) Overvalued in 2026?

Based on GuruFocus' analysis, The Trade Desk stock appears to be undervalued. The current stock price of $18.59 is trading 85.2% below its estimated GF Value™ of $125.72. GuruFocus considers The Trade Desk to be Significantly Undervalued.

Key valuation signals for TTD:

  • Debt-to-EBITDA: 0.96 (14% above median its 10-year median of 0.84)
  • GF Value™: $125.72 vs. price of $18.59 (85.2% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 42.2% below the Media - Diversified median (#177 of 677)

No single metric tells the full story. See the TTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Trade Desk Business Description

Address 42 North Chestnut Street, Ventura, CA, USA, 93001
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on devices like computers, smartphones, and connected TVs. The firm's platform is referred to as a DSP in the digital ad industry, and it generates revenue from fees based on a percentage of what its clients spend on advertising, sometimes referred to as a "take rate."
86GF Score

Get the complete analysis for TTD

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.59
Price
$125.72
GF Value