TD
Toronto Dominion Bank
NYSE: TD · FINANCIAL SERVICES · BANKS - DIVERSIFIED
$104.31
-1.02% today
Updated 2026-04-29
Market cap
$180.58B
P/E ratio
11.93
P/S ratio
2.74x
EPS (TTM)
$9.03
Dividend yield
4.06%
52W range
$61 – $108
Volume
2.6M
Toronto Dominion Bank (TD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.22B | $24.81B | $25.47B | $25.46B | $25.11B | $30.77B | $32.46B | $33.01B | $35.98B | $37.21B | $40.64B | $44.83B | $52.72B | $58.85B | $54.62B | $47.72B | $59.44B | $102.25B | $119.17B | $115.84B |
| Revenue growth (YoY) | — | +11.7% | +2.6% | -0.0% | -1.4% | +22.5% | +5.5% | +1.7% | +9.0% | +3.4% | +9.2% | +10.3% | +17.6% | +11.6% | -7.2% | -12.6% | +24.6% | +72.0% | +16.5% | -2.8% |
| Cost of revenue | $9.61B | $11.57B | $12.12B | $10.04B | $7.47B | $8.74B | $9.01B | $8.17B | $7.90B | $7.79B | $8.97B | $11.20B | $16.66B | $21.15B | $18.58B | $5.23B | $14.75B | $53.66B | $67.17B | $59.06B |
| Gross profit | $12.61B | $13.24B | $13.35B | $15.42B | $17.64B | $22.03B | $23.45B | $24.84B | $28.08B | $29.42B | $31.67B | $33.63B | $36.05B | $37.70B | $36.04B | $42.49B | $44.70B | $48.59B | $52.00B | $56.78B |
| Gross margin | 56.8% | 53.4% | 52.4% | 60.6% | 70.3% | 71.6% | 72.3% | 75.2% | 78.0% | 79.1% | 77.9% | 75.0% | 68.4% | 64.1% | 66.0% | 89.0% | 75.2% | 47.5% | 43.6% | 49.0% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $4.49B | $4.61B | $4.98B | $5.84B | $5.96B | $8.91B | $9.68B | $10.71B | $11.28B | $11.54B | $11.76B | $12.26B | $12.82B | $14.04B | $14.78B | $15.09B | $16.29B | $20.77B | $23.38B | $24.32B |
| Operating income | $5.53B | $4.66B | $4.10B | $3.17B | $5.78B | $7.13B | $7.31B | $7.50B | $9.07B | $9.17B | $10.65B | $12.32B | $13.77B | $13.23B | $11.91B | $17.13B | $21.41B | $13.75B | $11.53B | $23.95B |
| Operating margin | 24.9% | 18.8% | 16.1% | 12.4% | 23.0% | 23.2% | 22.5% | 22.7% | 25.2% | 24.6% | 26.2% | 27.5% | 26.1% | 22.5% | 21.8% | 35.9% | 36.0% | 13.4% | 9.7% | 20.7% |
| EBITDA | $6.38B | $5.52B | $5.12B | $4.42B | $6.97B | $8.25B | $8.28B | $8.54B | $10.21B | $10.42B | $11.98B | $13.63B | $15.16B | $14.63B | $14.05B | $19.20B | $23.18B | $15.66B | $13.56B | $26.11B |
| EBITDA margin | 28.7% | 22.3% | 20.1% | 17.4% | 27.8% | 26.8% | 25.5% | 25.9% | 28.4% | 28.0% | 29.5% | 30.4% | 28.8% | 24.9% | 25.7% | 40.2% | 39.0% | 15.3% | 11.4% | 22.5% |
| EBIT | $5.53B | $4.66B | $4.10B | $3.17B | $5.78B | $7.13B | $7.31B | $7.50B | $9.07B | $9.17B | $10.65B | $12.32B | $13.77B | $13.23B | $11.91B | $17.13B | $21.41B | $13.75B | $11.53B | $23.95B |
| Interest expense | $9.20B | $10.93B | $11.05B | $7.56B | $5.84B | $7.25B | $7.21B | $6.54B | $6.34B | $6.11B | $6.64B | $8.98B | $14.18B | $18.12B | $11.34B | $5.45B | $13.68B | $50.73B | $62.92B | $54.56B |
| Income tax | $874.00M | $853.00M | $537.00M | $241.00M | $1.26B | $1.33B | $1.08B | $1.14B | $1.51B | $1.52B | $2.14B | $2.25B | $3.18B | $2.73B | $1.15B | $3.62B | $3.99B | $3.12B | $2.69B | $3.41B |
| Effective tax rate | 16.0% | 17.6% | 12.3% | 7.2% | 21.4% | 18.2% | 14.6% | 14.8% | 16.3% | 16.1% | 19.5% | 17.8% | 22.0% | 19.0% | 8.8% | 20.2% | 18.6% | 22.7% | 23.3% | 14.2% |
| Net income | $4.60B | $4.00B | $3.83B | $3.12B | $4.64B | $5.94B | $6.36B | $6.54B | $7.78B | $7.91B | $8.82B | $10.40B | $11.26B | $11.67B | $11.89B | $14.30B | $17.43B | $10.63B | $8.84B | $20.54B |
| Net income growth (YoY) | — | -13.2% | -4.1% | -18.6% | +48.8% | +27.9% | +7.0% | +2.8% | +19.0% | +1.7% | +11.5% | +17.9% | +8.3% | +3.6% | +1.9% | +20.2% | +21.9% | -39.0% | -16.9% | +132.3% |
| Profit margin | 20.7% | 16.1% | 15.0% | 12.3% | 18.5% | 19.3% | 19.6% | 19.8% | 21.6% | 21.3% | 21.7% | 23.2% | 21.4% | 19.8% | 21.8% | 30.0% | 29.3% | 10.4% | 7.4% | 17.7% |