PTC vs Trade Desk
PTC and Trade Desk are similar in size: $2.74bn and $2.90bn of revenue in their latest fiscal years. PTC grew faster (19.2% against 18.5%). PTC kept more of each dollar of sales as profit: a net margin of 26.8% against 15.3%.
| Latest fiscal year | PTCPTC, 2025 | Trade DeskTTD, 2025 |
|---|---|---|
| Revenue | $2.74bn | $2.90bn |
| Revenue growth | 19.2% | 18.5% |
| Net income | $734m | $443m |
| Operating margin | 35.9% | — |
| Net margin | 26.8% | 15.3% |
| Return on equity | 20.9% | 16.3% |
| Free cash flow | $857m | $796m |
| Cash | $184m | $658m |
| Total debt | $1.20bn | $0 |
| Debt to equity | 31.3% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $300m | $1.38bn |
| Employees | 7,642 | 3,843 |
| Market value | $21.51bn | $6.05bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 57 (Moderate) | 52 (Moderate) |
| Insider trades, 12 months | 0 buys, 17 sales | 4 buys, 3 sales |