Trade Desk, Inc.

TTD

Quality scores

Data as of Sep 5, 2026

6 / 9

Neutral

6/9 — middling fundamentals (neutral zone).

PassROA > 0 — ROA last year = 7.20 %
PassFCF > 0 — FCF last year = 795.71 mill.
PassFCF > net income (accrual quality) — FCF 795.71 vs. net income 443.30 (mill.)
PassRising ROA — ROA 7.20 % vs. prior year 6.43 %

FailLower long-term leverage — total debt (approx.)/assets 0.07 vs. prior 0.05
FailRising current ratio (more liquidity) — Current ratio 1.61 vs. prior 1.86
PassNo dilution (shares do not grow) — Shares 493.55 mill. vs. prior 501.92 mill.

Test 5: no long-term debt breakdown; approximated with total debt / assets.

Z-Score (original)

2.10

Grey zone

Z''-Score (non-manufacturing)

6.42

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.32
X2 — Retained earnings / Total assets	-0.10
X3 — EBIT / Total assets	0.10
X4 — Market cap / Total liabilities	1.76
X4 — Book equity / Total liabilities	0.68
X5 — Sales / Total assets	0.47