Magnite (MGNI) vs Trade Desk (TTD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Magnite (MGNI) has outperformed Trade Desk (TTD) over the past year, gaining 32.1% versus a loss of 77.4%. Over five years, MGNI leads with a -15.5% price change compared with -84.6% for TTD. Trade Desk is the larger company by market cap ($5.82 billion vs $3.67 billion), about 1.6 times the size.
On valuation, Trade Desk trades at a lower forward P/E (12.2x vs 19.3x for Magnite). Magnite converts more of its revenue into profit, with a net margin of 20.3% versus 15.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MGNI | TTD |
|---|---|---|
| Share price | $25.57 | $12.32 |
| Market cap | $3.67B | $5.82B |
| 1-day change | +1.31% | +1.86% |
| YTD return | +55.51% | -68.15% |
| 1-year return | +32.15% | -77.40% |
| 5-year return | -15.47% | -84.59% |
| P/E ratio (TTM) | 23.25 | 14.84 |
| Forward P/E | 19.34 | 12.20 |
| EPS (TTM) | $1.10 | $0.83 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $713.95M | $2.90B |
| Revenue growth (YoY) | +6.85% | +18.47% |
| Net income (latest FY) | $144.61M | $443.30M |
| Gross margin | 62.66% | 78.63% |
| Operating margin | 13.67% | 20.35% |
| Net margin | 20.26% | 15.31% |
| 52-week high | $26.84 | $55.11 |
| 52-week low | $10.82 | $11.62 |
| Distance from 52-week high | -4.73% | -77.65% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +16.03% | +10.19% |
| Average volume | 2.44M | 23.43M |
| Shares outstanding | 143.42M | 429.69M |
| Employees | 971 | 3,843 |
| Sector | Technology | Technology |
| Industry | Computer Software: Programming Data Processing | Computer Software: Programming Data Processing |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MGNI has outperformed TTD by 109.5 percentage points over the past year.
- Magnite trades at a higher earnings multiple (23.2x vs 14.8x trailing P/E).
- Trade Desk grew revenue faster in its latest fiscal year (+18.47% vs +6.85%).
About Magnite
MGNI stock →Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that brings buyers and sellers together.
Technology · Computer Software: Programming Data Processing · 971 employees
About Trade Desk
TTD stock →The Trade Desk, Inc. operates as a technology company in the United States and internationally.
Technology · Computer Software: Programming Data Processing · 3,843 employees
MGNI vs TTD FAQ
Which is bigger, Magnite or Trade Desk?
Trade Desk (TTD) is larger, with a market capitalization of $5.82B compared with $3.67B for Magnite (MGNI).
Which stock has performed better over the past year, MGNI or TTD?
MGNI returned +32.15% over the past 12 months, compared with -77.40% for TTD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MGNI or TTD?
TTD has the lower trailing P/E at 14.8, versus 23.2 for MGNI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Magnite and Trade Desk in the same industry?
Yes. Both are classified in the Computer Software: Programming Data Processing industry within the Technology sector.