Toronto Financial Statements From 2010 to 2025

TD Stock  CAD 85.31  0.02  0.02%   
Toronto Dominion financial statements provide useful quarterly and yearly information to potential Toronto Dominion Bank investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Toronto Dominion financial statements helps investors assess Toronto Dominion's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Toronto Dominion's valuation are summarized below:
Gross Profit
53.4 B
Profit Margin
0.1651
Market Capitalization
149.5 B
Enterprise Value Revenue
7.0283
Revenue
53.4 B
We have found one hundred twenty available fundamental trend indicators for Toronto Dominion Bank, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Toronto Dominion's current fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 19th of March 2025, Market Cap is likely to grow to about 129.7 B. Also, Enterprise Value is likely to grow to about 114.2 B

Toronto Dominion Total Revenue

67.93 Billion

Check Toronto Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toronto Dominion's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 76 B or Selling General Administrative of 30.1 B, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0261 or PTB Ratio of 1.9. Toronto financial statements analysis is a perfect complement when working with Toronto Dominion Valuation or Volatility modules.
  
This module can also supplement various Toronto Dominion Technical models . Check out the analysis of Toronto Dominion Correlation against competitors.

Toronto Dominion Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.5 T2.4 T1.5 T
Slightly volatile
Short and Long Term Debt Total485.2 B462.1 B186 B
Slightly volatile
Total Current Liabilities322.1 B306.8 B150.5 B
Slightly volatile
Total Stockholder Equity139.1 B132.4 B83.9 B
Slightly volatile
Property Plant And Equipment Net11.9 B11.3 B7.1 B
Slightly volatile
Retained Earnings85.5 B81.4 B49 B
Slightly volatile
Accounts Payable48.1 B45.8 B29.8 B
Slightly volatile
Cash215 B204.7 B94.9 B
Slightly volatile
Non Current Assets Total2.3 T2.1 T749.4 B
Slightly volatile
Cash And Short Term Investments7.3 B7.7 B80.6 B
Very volatile
Common Stock Shares Outstanding1.8 BB1.8 B
Slightly volatile
Liabilities And Stockholders Equity2.4 T2.3 T1.4 T
Slightly volatile
Non Current Liabilities Total969.3 B923.2 B279.1 B
Slightly volatile
Other Stockholder Equity22.2 M23.4 M129.1 M
Slightly volatile
Total Liabilities2.4 T2.2 T1.4 T
Slightly volatile
Property Plant And Equipment Gross16.6 B15.8 B8.6 B
Slightly volatile
Total Current Assets722.7 B688.2 B262.5 B
Slightly volatile
Short Term Debt263.1 B250.6 B134 B
Slightly volatile
Net Receivables25.3 B21.2 B28.9 B
Slightly volatile
Other Current Assets567.3 B540.3 B159.3 B
Slightly volatile
Good Will16.5 B21.7 B16 B
Slightly volatile
Intangible Assets2.7 B3.5 B2.5 B
Slightly volatile
Common Stock20.5 B29.2 B21.2 B
Slightly volatile
Short Term Investments63 B60.3 B63.9 B
Pretty Stable
Common Stock Total Equity21.6 B25.9 B21.1 B
Slightly volatile
Other Liabilities17.9 B26 B17.5 B
Slightly volatile
Net Tangible Assets64.8 B98.7 B60.8 B
Slightly volatile
Long Term Debt246.7 B235 B78.7 B
Slightly volatile
Long Term Investments436.9 B616.4 B363.3 B
Slightly volatile
Short and Long Term Debt303.5 B289 B136.6 B
Slightly volatile
Property Plant Equipment7.4 B10.8 BB
Slightly volatile
Long Term Debt Total71.5 B68.1 B30 B
Slightly volatile
Capital Surpluse145.4 M161.1 M185.9 M
Slightly volatile
Earning Assets742.6 B1.1 T703.1 B
Slightly volatile
Net Invested Capital676.1 B643.9 B256 B
Slightly volatile
Capital Stock34.4 B41.7 B29.9 B
Slightly volatile
Capital Lease Obligations4.3 B4.5 B5.7 B
Slightly volatile

Toronto Dominion Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.2 B2.2 B1.4 B
Slightly volatile
Interest Expense76 B72.4 B23.1 B
Slightly volatile
Selling General Administrative30.1 B28.6 B15.2 B
Slightly volatile
Total Revenue67.9 B64.7 B39.8 B
Slightly volatile
Gross Profit63.9 B60.9 B39 B
Slightly volatile
Other Operating Expenses63.9 B60.9 B25.9 B
Slightly volatile
Operating Income15.1 B18.1 B17.5 B
Slightly volatile
EBIT11.5 B15 B12 B
Slightly volatile
EBITDA12.7 B17.2 B13.4 B
Slightly volatile
Income Before Tax7.6 B12.5 B11.1 B
Slightly volatile
Net Income6.4 B10.2 B9.5 B
Slightly volatile
Income Tax Expense3.8 B3.6 B2.4 B
Slightly volatile
Selling And Marketing Expenses1.8 B1.7 B992.9 M
Slightly volatile
Net Income From Continuing Ops12.2 B10.2 B10.5 B
Slightly volatile
Net Income Applicable To Common Shares12.2 B19.7 B11.8 B
Slightly volatile
Tax Provision2.9 B3.1 B2.4 B
Slightly volatile
Net Interest Income26.7 B35 B23.7 B
Slightly volatile
Interest Income112.8 B107.4 B47 B
Slightly volatile
Reconciled Depreciation1.9 B2.3 B1.6 B
Slightly volatile

Toronto Dominion Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow8.1 B7.7 B4.9 B
Slightly volatile
Depreciation1.3 B2.3 B1.5 B
Slightly volatile
Capital Expenditures2.6 B2.5 B1.2 B
Slightly volatile
Net Income7.1 B10.2 B10.6 B
Slightly volatile
End Period Cash Flow7.8 B7.4 BB
Slightly volatile
Stock Based Compensation1.6 B1.5 B889.7 M
Slightly volatile
Issuance Of Capital Stock12.7 B15.4 B10.9 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.442.163.0309
Pretty Stable
Dividend Yield0.02610.04790.0362
Slightly volatile
PTB Ratio1.91.341.5228
Pretty Stable
Days Sales Outstanding260262320
Very volatile
Book Value Per Share62.2659.344.8388
Slightly volatile
Average Payables1.4 B1.7 B1.8 B
Slightly volatile
Stock Based Compensation To Revenue0.01460.02330.0208
Pretty Stable
Capex To Depreciation0.961.240.7989
Pretty Stable
PB Ratio1.91.341.5228
Pretty Stable
ROIC0.00730.00770.0387
Slightly volatile
Inventory Turnover5.0E-46.0E-46.0E-4
Slightly volatile
Net Income Per Share2.674.555.0882
Slightly volatile
Days Of Inventory On Hand478 K537.7 K586.3 K
Slightly volatile
Sales General And Administrative To Revenue0.290.380.359
Very volatile
Capex To Revenue0.04040.04480.0312
Pretty Stable
Cash Per Share12511984.836
Slightly volatile
Interest Coverage0.280.31.6702
Slightly volatile
Payout Ratio0.770.730.4715
Slightly volatile
ROE0.140.08830.1264
Slightly volatile
PE Ratio14.3813.6912.1914
Slightly volatile
Return On Tangible Assets0.00580.00390.0072
Slightly volatile
Earnings Yield0.06160.05920.0827
Slightly volatile
Intangibles To Total Assets0.01990.01220.0138
Pretty Stable
Current Ratio2.452.582.5851
Slightly volatile
Tangible Book Value Per Share50.4348.0335.0386
Slightly volatile
Receivables Turnover1.311.441.1841
Very volatile
Graham Number81.8477.9471.7407
Slightly volatile
Shareholders Equity Per Share62.2659.344.5069
Slightly volatile
Debt To Equity3.783.61.6561
Slightly volatile
Capex Per Share1.181.120.648
Slightly volatile
Average ReceivablesB11.4 B11.5 B
Very volatile
Revenue Per Share30.2528.8121.0046
Slightly volatile
Interest Debt Per Share283270106
Slightly volatile
Debt To Assets0.210.20.0944
Slightly volatile
Price Earnings Ratio14.3813.6912.1914
Slightly volatile
Operating Cycle24926237.7 K
Very volatile
Price Book Value Ratio1.91.341.5228
Pretty Stable
Dividend Payout Ratio0.770.730.4715
Slightly volatile
Pretax Profit Margin0.230.170.3024
Slightly volatile
Ebt Per Ebit0.350.470.6
Pretty Stable
Operating Profit Margin0.40.420.5622
Slightly volatile
Effective Tax Rate0.250.290.2093
Pretty Stable
Company Equity Multiplier20.320.5917.6073
Slightly volatile
Long Term Debt To Capitalization0.290.580.4625
Slightly volatile
Total Debt To Capitalization0.760.720.5008
Slightly volatile
Return On Capital Employed0.0110.01150.0174
Slightly volatile
Debt Equity Ratio3.783.61.6561
Slightly volatile
Ebit Per Revenue0.40.420.5622
Slightly volatile
Quick Ratio2.452.584.317
Pretty Stable
Net Income Per E B T0.640.730.823
Pretty Stable
Cash Ratio0.430.451.1913
Slightly volatile
Days Of Inventory Outstanding478 K537.7 K586.3 K
Slightly volatile
Days Of Sales Outstanding260262320
Very volatile
Price To Book Ratio1.91.341.5228
Pretty Stable
Fixed Asset Turnover4.45.125.5507
Pretty Stable
Debt Ratio0.210.20.0944
Slightly volatile
Price Sales Ratio2.442.163.0309
Pretty Stable
Return On Assets0.00570.00390.0071
Slightly volatile
Asset Turnover0.03440.03120.0288
Pretty Stable
Net Profit Margin0.180.140.2535
Pretty Stable
Gross Profit Margin0.80.930.9938
Slightly volatile
Price Fair Value1.91.341.5228
Pretty Stable
Return On Equity0.140.08830.1264
Slightly volatile

Toronto Dominion Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap129.7 B123.5 B127.9 B
Slightly volatile
Enterprise Value114.2 B108.8 B112.5 B
Slightly volatile

Toronto Fundamental Market Drivers

Forward Price Earnings11.0011

About Toronto Dominion Financial Statements

Toronto Dominion investors utilize fundamental indicators, such as revenue or net income, to predict how Toronto Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue199.1 B109.1 B
Total Revenue64.7 B67.9 B
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.38  0.29 
Capex To Revenue 0.04  0.04 
Revenue Per Share 28.81  30.25 
Ebit Per Revenue 0.42  0.40 

Pair Trading with Toronto Dominion

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Toronto Dominion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Toronto Dominion will appreciate offsetting losses from the drop in the long position's value.

Moving together with Toronto Stock

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Moving against Toronto Stock

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The ability to find closely correlated positions to Toronto Dominion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toronto Dominion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Toronto Dominion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Toronto Dominion Bank to buy it.
The correlation of Toronto Dominion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Toronto Dominion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toronto Dominion Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Toronto Dominion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Toronto Dominion Bank is a strong investment it is important to analyze Toronto Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Toronto Dominion's future performance. For an informed investment choice regarding Toronto Stock, refer to the following important reports:
Check out the analysis of Toronto Dominion Correlation against competitors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Please note, there is a significant difference between Toronto Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toronto Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.