Trade Desk (TTD) Stock Buyback History
TTM buyback yield 10.75% · Shareholder yield (TTM) 10.75%.

TTD
TTM buyback yield
10.75%
Shareholder yield (TTM)
10.75%
5Y share count change
-1.5%
TTM buyback spend
$1.16B
SBC coverage (TTM)
2.46x
YoY change in spend
+488.0%
5Y CAGR of spend
N/A
Peak year (2025)
$1.38B
Cumulative spend
$2.32B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Trade Desk (TTD) repurchased about $1.16B of stock over the trailing twelve months.
- Diluted share count is down 1.5% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 2.46× — repurchases more than cover SBC dilution.
- TTM repurchases used about 138% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $1.38B | $490.63M | $889.79M | 0.48B | -3.8% | 7.58% |
| 2024 | $234.78M | $494.70M | −$259.92M | 0.50B | 0.3% | 0.40% |
| 2023 | $646.60M | $491.62M | $154.98M | 0.50B | 0.1% | 1.84% |
| 2022 | $0.00 | $498.64M | −$498.64M | 0.50B | 0.3% | — |
| 2021 | $0.00 | $337.41M | −$337.41M | 0.50B | 1.8% | — |
| 2020 | $0.00 | $111.78M | −$111.78M | 0.49B | 2.5% | — |
| 2019 | $0.00 | $80.76M | −$80.76M | 0.48B | 4.4% | — |
| 2018 | $0.00 | $42.21M | −$42.21M | 0.46B | 3.9% | — |
| 2017 | $0.00 | $21.32M | −$21.32M | 0.44B | 8.4% | — |
| 2016 | $54.28M | $5.06M | $49.23M | 0.41B | -18.4% | 5.08% |
| 2015 | $39.00K | $374.00K | −$335.00K | 0.50B | 280.4% | 0.00% |
| 2014 | $561.00K | $107.00K | $454.00K | 0.13B | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Trade Desk (TTD) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Trade Desk (TTD)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Trade Desk (TTD)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.38B | +488.0% | +$1.15B | ||
| 2024 | $234.78M | -63.7% | -$411.81M | ||
| 2023 | $646.60M | — | +$646.60M | ||
| 2022 | $0 | — | $0 | ||
| 2021 | $0 | — | $0 | ||
| 2020 | $0 | — | $0 | ||
| 2019 | $0 | — | $0 | ||
| 2018 | $0 | — | $0 | ||
| 2017 | $0 | -100.0% | -$54.28M | ||
| 2016 | $54.28M | +139089.7% | +$54.24M | ||
| 2015 | $39,000 | -93.0% | -$522,000 | ||
| 2014 | $561,000 | — | — |
As of the 2025 fiscal year, Trade Desk (TTD) reported buyback spend of $1.38B – surged 488.0% year-over-year.
Over 2015–2025 (10 years), Trade Desk buyback spend expanded at a +185.0% compound annual rate, with the latest reading among the more recent periods of the dataset.
The highest annual buyback spend of $1.38B was reported in 2025. The lowest in the available history was $0 in 2017.
Among 8 Communication Services peers, Trade Desk (TTD) ranks 7th; the peer median for buyback spend is $6.81B.
Trade Desk Buyback Spend 2025: $1.38B
Trade Desk buyback spend in 2025 was $1.38B, surged 488.0% from 2024. This figure represents the highest annual value in the available history.
Trade Desk Buyback Spend 2024: $234.78M
Trade Desk buyback spend in 2024 was $234.78M, plunged 63.7% below 2023.
Trade Desk Buyback Spend 2023: $646.60M
Trade Desk buyback spend in 2023 was $646.60M.
Trade Desk Buyback Spend 2022: $0
Trade Desk buyback spend in 2022 was $0.
Trade Desk Buyback Spend 2021: $0
Trade Desk buyback spend in 2021 was $0.
See more financial history for Trade Desk (TTD).
Sector peers by buyback spend
Companies in the same sector as Trade Desk, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Alphabet (GOOGL) | $45.71B | Communication Services |
| Meta (META) | $26.25B | Communication Services |
| T-Mobile US (TMUS) | $9.97B | Communication Services |
| Netflix (NFLX) | $9.13B | Communication Services |
| AT&T (T) | $4.50B | Communication Services |
| Walt Disney (DIS) | $3.50B | Communication Services |
| Spotify (SPOT) | $439.00M | Communication Services |
| Verizon (VZ) | $0 | Communication Services |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 2.46×.
Capital allocation mix
How Trade Desk splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $836.72M (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Trade Desk's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Trade Desk buy back its own stock?
Yes, Trade Desk (TTD) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Trade Desk spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $1.16B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Trade Desk's buyback yield?
TTM buyback yield is about 10.75% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Trade Desk's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 10.75% combined (TTM-based where available).
Is Trade Desk diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Trade Desk's share count changed?
Diluted weighted average shares changed by about -1.5% over roughly five fiscal years (annual income statement data).
What is Trade Desk's buyback spend?
Latest reported buyback spend for Trade Desk (TTD) is $1.16B (period ending March 31, 2026).
How has Trade Desk buyback spend changed year-over-year?
Trade Desk (TTD) buyback spend changed +488.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Trade Desk buyback spend?
Trade Desk (TTD) buyback spend compound annual growth rate is +185.0% over the most recent 10 years available.
When did Trade Desk buyback spend hit its highest annual value?
Trade Desk buyback spend reached its highest annual value of $1.38B in 2025.
What was Trade Desk buyback spend in 2024?
Trade Desk (TTD) buyback spend in 2024 was $234.78M.
What was Trade Desk buyback spend in 2025?
Trade Desk (TTD) buyback spend in 2025 was $1.38B.
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