Discounted Cash Flow
Trade Desk, Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $202.9m | $20.5m | $68.1m | 10.1% | $-1.46 |
| 2017 | $308.2m (51.9%) | $50.8m (148.0%) | $21.1m (-69.0%) | 16.5% (63.3%) | $1.26 (186.3%) |
| 2018 | $477.3m (54.9%) | $88.1m (73.5%) | $66.8m (216.4%) | 18.5% (12.0%) | $2.08 (65.1%) |
| 2019 | $661.1m (38.5%) | $108.3m (22.9%) | $24.5m (-63.3%) | 16.4% (-11.3%) | $2.43 (16.8%) |
| 2020 | $836.0m (26.5%) | $242.3m (123.7%) | $331.0m (1250.4%) | 29.0% (76.9%) | $5.24 (115.6%) |
| 2021 | $1.2b (43.1%) | $137.8m (-43.1%) | $323.7m (-2.2%) | 11.5% (-60.3%) | $0.29 (-94.5%) |
| 2022 | $1.6b (31.9%) | $53.4m (-61.2%) | $464.6m (43.5%) | 3.4% (-70.6%) | $0.11 (-62.1%) |
| 2023 | $1.9b (23.3%) | $178.9m (235.2%) | $551.5m (18.7%) | 9.2% (171.7%) | $0.37 (236.4%) |
| 2024 | $2.4b (25.6%) | $393.1m (119.7%) | $641.2m (16.3%) | 16.1% (74.9%) | $0.80 (116.2%) |
| 2025 | $2.9b (18.5%) | $443.3m (12.8%) | $795.7m (24.1%) | 15.3% (-4.8%) | $0.91 (13.7%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.