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Side-by-side financial comparison of Clear Channel Outdoor Holdings, Inc. (CCO) and Trade Desk (The) (TTD). Click either name above to swap in a different company.
Trade Desk (The) is the larger business by last-quarter revenue ($846.8M vs $461.5M, roughly 1.8× Clear Channel Outdoor Holdings, Inc.). Trade Desk (The) runs the higher net margin — 22.1% vs 1.7%, a 20.3% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (14.3% vs 8.2%). Trade Desk (The) produced more free cash flow last quarter ($285.3M vs $30.3M). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% CAGR vs 18.8%).
Clear Channel Outdoor Holdings, Inc. is a multinational corporation focused on outdoor advertising. The company is based in San Antonio, Texas.
The Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
CCO vs TTD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $461.5M | $846.8M |
| Net Profit | $8.0M | $186.9M |
| Gross Margin | — | 80.7% |
| Operating Margin | 23.3% | 30.3% |
| Net Margin | 1.7% | 22.1% |
| Revenue YoY | 8.2% | 14.3% |
| Net Profit YoY | 144.8% | 2.6% |
| EPS (diluted) | $0.01 | $0.39 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $461.5M | $846.8M | ||
| Q3 25 | $405.6M | $739.4M | ||
| Q2 25 | $402.8M | $694.0M | ||
| Q1 25 | $334.2M | $616.0M | ||
| Q4 24 | $426.7M | $741.0M | ||
| Q3 24 | $375.2M | $628.0M | ||
| Q2 24 | $376.5M | $584.5M | ||
| Q1 24 | $326.8M | $491.3M |
| Q4 25 | $8.0M | $186.9M | ||
| Q3 25 | $-60.1M | $115.5M | ||
| Q2 25 | $9.5M | $90.1M | ||
| Q1 25 | $62.5M | $50.7M | ||
| Q4 24 | $-17.9M | $182.2M | ||
| Q3 24 | $-32.5M | $94.2M | ||
| Q2 24 | $-39.2M | $85.0M | ||
| Q1 24 | $-89.7M | $31.7M |
| Q4 25 | — | 80.7% | ||
| Q3 25 | — | 78.1% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 76.8% | ||
| Q4 24 | — | 81.7% | ||
| Q3 24 | — | 80.5% | ||
| Q2 24 | — | 81.1% | ||
| Q1 24 | — | 78.9% |
| Q4 25 | 23.3% | 30.3% | ||
| Q3 25 | 19.9% | 21.8% | ||
| Q2 25 | 19.2% | 16.8% | ||
| Q1 25 | 13.5% | 8.8% | ||
| Q4 24 | 23.5% | 26.4% | ||
| Q3 24 | 17.8% | 17.3% | ||
| Q2 24 | 18.2% | 16.2% | ||
| Q1 24 | 13.4% | 5.8% |
| Q4 25 | 1.7% | 22.1% | ||
| Q3 25 | -14.8% | 15.6% | ||
| Q2 25 | 2.4% | 13.0% | ||
| Q1 25 | 18.7% | 8.2% | ||
| Q4 24 | -4.2% | 24.6% | ||
| Q3 24 | -8.7% | 15.0% | ||
| Q2 24 | -10.4% | 14.5% | ||
| Q1 24 | -27.4% | 6.4% |
| Q4 25 | $0.01 | $0.39 | ||
| Q3 25 | $-0.12 | $0.23 | ||
| Q2 25 | $0.02 | $0.18 | ||
| Q1 25 | $0.13 | $0.10 | ||
| Q4 24 | $-0.03 | $0.36 | ||
| Q3 24 | $-0.07 | $0.19 | ||
| Q2 24 | $-0.08 | $0.17 | ||
| Q1 24 | $-0.19 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $190.0M | $1.3B |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $-3.4B | $2.5B |
| Total Assets | $3.8B | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $190.0M | $1.3B | ||
| Q3 25 | $155.0M | $1.4B | ||
| Q2 25 | $138.6M | $1.7B | ||
| Q1 25 | $395.8M | $1.7B | ||
| Q4 24 | $109.7M | $1.9B | ||
| Q3 24 | $201.1M | $1.7B | ||
| Q2 24 | $189.3M | $1.5B | ||
| Q1 24 | $193.2M | $1.4B |
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.3B | — | ||
| Q4 24 | $5.7B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $5.7B | — | ||
| Q1 24 | $5.7B | — |
| Q4 25 | $-3.4B | $2.5B | ||
| Q3 25 | $-3.5B | $2.6B | ||
| Q2 25 | $-3.4B | $2.7B | ||
| Q1 25 | $-3.4B | $2.7B | ||
| Q4 24 | $-3.6B | $2.9B | ||
| Q3 24 | $-3.6B | $2.6B | ||
| Q2 24 | $-3.6B | $2.4B | ||
| Q1 24 | $-3.5B | $2.2B |
| Q4 25 | $3.8B | $6.2B | ||
| Q3 25 | $3.8B | $5.9B | ||
| Q2 25 | $3.8B | $6.0B | ||
| Q1 25 | $4.0B | $5.7B | ||
| Q4 24 | $4.8B | $6.1B | ||
| Q3 24 | $4.6B | $5.5B | ||
| Q2 24 | $4.5B | $5.2B | ||
| Q1 24 | $4.6B | $4.7B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $56.3M | $311.6M |
| Free Cash FlowOCF − Capex | $30.3M | $285.3M |
| FCF MarginFCF / Revenue | 6.6% | 33.7% |
| Capex IntensityCapex / Revenue | 5.6% | 3.1% |
| Cash ConversionOCF / Net Profit | 7.04× | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | $32.0M | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $56.3M | $311.6M | ||
| Q3 25 | $56.2M | $224.7M | ||
| Q2 25 | $-12.6M | $165.0M | ||
| Q1 25 | $14.9M | $291.4M | ||
| Q4 24 | $29.3M | $199.4M | ||
| Q3 24 | $54.5M | $273.3M | ||
| Q2 24 | $30.8M | $81.3M | ||
| Q1 24 | $-34.8M | $185.5M |
| Q4 25 | $30.3M | $285.3M | ||
| Q3 25 | $41.4M | $158.3M | ||
| Q2 25 | $-29.2M | $119.8M | ||
| Q1 25 | $-10.6M | $232.3M | ||
| Q4 24 | $-27.8M | $179.2M | ||
| Q3 24 | $21.0M | $224.6M | ||
| Q2 24 | $5.2M | $59.1M | ||
| Q1 24 | $-61.0M | $178.2M |
| Q4 25 | 6.6% | 33.7% | ||
| Q3 25 | 10.2% | 21.4% | ||
| Q2 25 | -7.2% | 17.3% | ||
| Q1 25 | -3.2% | 37.7% | ||
| Q4 24 | -6.5% | 24.2% | ||
| Q3 24 | 5.6% | 35.8% | ||
| Q2 24 | 1.4% | 10.1% | ||
| Q1 24 | -18.7% | 36.3% |
| Q4 25 | 5.6% | 3.1% | ||
| Q3 25 | 3.7% | 9.0% | ||
| Q2 25 | 4.1% | 6.5% | ||
| Q1 25 | 7.6% | 9.6% | ||
| Q4 24 | 13.4% | 2.7% | ||
| Q3 24 | 8.9% | 7.8% | ||
| Q2 24 | 6.8% | 3.8% | ||
| Q1 24 | 8.0% | 1.5% |
| Q4 25 | 7.04× | 1.67× | ||
| Q3 25 | — | 1.94× | ||
| Q2 25 | -1.32× | 1.83× | ||
| Q1 25 | 0.24× | 5.75× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | — | 2.90× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | — | 5.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CCO
Segment breakdown not available.
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
