Company / FCF Margin
Trade Desk (The) FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
27.5%
FY2025
5-year range
3.7% / 39.6%
FY2021-FY2025
Trend
+4.7%
vs FY2024
Sector context
#8 of 62
Communication Services
What the data says
Trade Desk (The)'s fcf margin of 27.5% is higher than 87% of companies in the Communication Services sector (FY2025). FCF Margin returned to growth in FY2025 after 2 years of decline, reaching 27.5%.
Based on SEC 10-K filings.
27.5% in FY2025 with a 5-year CAGR of +13.5%. Top quartile in the Communication Services sector.
Declined from 28.3% to 27.5% over the past 2 years.
Communication Services sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- -12.1pp
- 5-Year Change
- +13.5pp
- 10-Year Change
- -
Sector benchmark
+128.5% above sector average
Key checks
Key Insights
- In FY2025, fcf margin increased 4.7% year-over-year.
- Currently 123.9pp above the Communication Services sector average.
- Peak fcf margin was recorded in FY2022.
- Lowest fcf margin in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 1.20 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 27.5% | +4.7% |
| FY2024 | 26.2% | -7.4% |
| FY2023 | 28.3% | -28.4% |
| FY2022 | 39.6% | +967.1% |
| FY2021 | 3.7% | -73.5% |
| FY2020 | 14.0% | +104.4% |
| FY2019 | 6.9% | -79.6% |
| FY2018 | 33.6% | +390.2% |
| FY2017 | 6.9% | -79.6% |
| FY2016 | 33.6% | +191.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026