• Trade Desk average return on tangible equity for 2023 was 6.57, a 130.53% increase from 2022.
• Trade Desk average return on tangible equity for 2022 was 2.85, a 86.9% increase from 2021.
• Trade Desk average return on tangible equity for 2021 was 21.75, a 1.89% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.