Trade Desk Inc (TTD)

Total asset turnover

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Revenue (ttm) US$ in thousands 2,679,088 2,569,599 2,444,831 2,309,616 2,174,866 2,054,570 1,946,120 1,831,060 1,732,567 1,645,275 1,577,795 1,482,656 1,388,974 1,291,979 1,196,467 1,120,774 1,035,796 895,184 836,033 732,072
Total assets US$ in thousands 5,957,810 5,705,440 6,111,950 5,505,320 5,159,920 4,663,800 4,888,690 4,520,430 4,346,970 3,999,640 4,380,680 3,923,950 3,672,750 3,432,720 3,577,340 2,988,760 2,792,950 2,602,700 2,753,640 2,138,430
Total asset turnover 0.45 0.45 0.40 0.42 0.42 0.44 0.40 0.41 0.40 0.41 0.36 0.38 0.38 0.38 0.33 0.37 0.37 0.34 0.30 0.34

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,679,088K ÷ $5,957,810K
= 0.45

The total asset turnover ratio for Trade Desk Inc exhibits notable fluctuations over the analyzed period. Beginning at 0.34 as of September 30, 2020, the ratio experienced a slight decrease to 0.30 by December 31, 2020. Subsequently, it regained strength, returning to 0.34 by March 31, 2021, and more consistently increased to reach 0.37 by June 30, 2021, maintaining this level through September 30, 2021.

During the latter half of 2021, the ratio declined marginally, reaching 0.33 at the end of December 2021. However, a steady upward trend resumed, with the ratio increasing to 0.38 by March 31, 2022, and remaining stable at this level through June 30, 2022, and September 30, 2022. A slight decline to 0.36 is observed at the end of 2022.

In 2023, the ratio continues its upward momentum, reaching 0.41 as of March 31, then slightly decreasing to 0.40 in June 2023, and rising again to 0.41 by September 30, 2023. At the start of 2024, it remains steady at 0.40, with an increase observed in March 2024 to 0.44. Following this peak, the ratio exhibits a slight decline to 0.42, remaining relatively stable through June and September 2024, with values of 0.42 and 0.40, respectively.

The trend resumes a more pronounced upward trajectory in the first half of 2025, with the ratio reaching 0.45 in both March and June 2025, representing the highest levels within the observed period. Overall, the total asset turnover ratio demonstrates a general upward trend over time, with periods of fluctuation, indicating an increased efficiency in asset utilization to generate sales revenue for Trade Desk Inc.