The Trade DeskTTD -1.11%86 Return-on-Tangible-Asset is 2.70% as of Mar. 2026, which is 63% below its 10-year median of 7.21. GuruFocus rates TTD with a GF Score™ of 86/100 and a GF Value™ of $125.42 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,031 Media - Diversified companies, The Trade Desk ranks better than 79.92% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. The Trade Desk's annualizedNet Income for the quarter that ended in Mar. 2026 was $160 Mil. The Trade Desk's average total tangible assets for the quarter that ended in Mar. 2026 was $5,934 Mil. Therefore, The Trade Desk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.70%.
The historical rank and industry rank for The Trade Desk's Return-on-Tangible-Asset or its related term are showing as below:
TTD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.35 Med: 7.21 Max: 10.86
Current: 7.34
During the past 12 years, The Trade Desk's highest Return-on-Tangible-Asset was 10.86%. The lowest was 1.35%. And the median was 7.21%.
TTD's Return-on-Tangible-Asset is ranked better than 79.92% of 1031
companies
in the Media - Diversified industry
Industry Median: 0.76
vs TTD: 7.34
The Trade Desk (NAS:TTD) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
The Trade Desk Return-on-Tangible-Asset Related Terms
The Trade Desk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for The Trade Desk's Return-on-Tangible-Asset 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.
TTD vs LFTO, MGNI, ZD: Return-on-Tangible-Asset Comparison
For the Advertising Agencies subindustry, The Trade Desk's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, The Trade Desk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where The Trade Desk's Return-on-Tangible-Asset falls into.
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.70% mean?
The Trade Desk (TTD) has a Return-on-Tangible-Asset of 2.70% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on The Trade Desk and its competitors. This is 63% below median its historical median of 7.21. Over the past decade, The Trade Desk's Return-on-Tangible-Asset has ranged from 1.35 to 10.86. According to the industry distribution chart, The Trade Desk ranks #207 out of 1031 companies in the Media - Diversified industry, placing it in the top 20.1%.
Is The Trade Desk's Return-on-Tangible-Asset too high?
The Trade Desk's current Return-on-Tangible-Asset of 2.70% is 63% below median its 10-year median of 7.21. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 10.86. The Media - Diversified industry median Return-on-Tangible-Asset is 0.76. The Trade Desk's value of 2.70% is 255.3% above this industry median. Based on the distribution chart, The Trade Desk ranks #207 out of 1031 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. 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 Return-on-Tangible-Asset compare to LFTO and MGNI?
According to the Media - Diversified industry distribution chart, The Trade Desk ranks #207 out of 1031 companies for Return-on-Tangible-Asset. This places The Trade Desk in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.76. The Trade Desk's value of 2.70% is 255.3% above this benchmark. Historically, The Trade Desk's own Return-on-Tangible-Asset has ranged from 1.35 to 10.86 over the past decade. While the company's 10-year median is 7.21 vs. the industry median of 0.76, The Trade Desk has consistently been above 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 Return-on-Tangible-Asset for a Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.76, based on 1,031 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Trade Desk's current Return-on-Tangible-Asset of 2.70% is 255.3% above 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on The Trade Desk and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Trade Desk's current Return-on-Tangible-Asset is 2.70%, which is 63% below median its own 10-year median of 7.21. 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 $125.42, compared to a current price of $19.53 — trading 84.4% below its estimated fair value. The current Return-on-Tangible-Asset is 2.70%, which is 63% below median its 10-year median of 7.21 and 255.3% above the Media - Diversified industry median of 0.76. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For The Trade Desk (TTD), the current Return-on-Tangible-Asset is 2.70% 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 $19.53 is trading 84.4% below its estimated GF Value™ of $125.42.
GuruFocus considers The Trade Desk to be Significantly Undervalued.
Key valuation signals for TTD:
Return-on-Tangible-Asset: 2.70% (63% below median its 10-year median of 7.21)
GF Value™: $125.42 vs. price of $19.53 (84.4% below fair value)
Industry Position: 255.3% above the Media - Diversified median (#207 of 1031)
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 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
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