Toronto Dominion Bank
TD · NYSECommercial Banks, NEC · Fiscal year ends Oct 31 · Reports in CAD
Toronto Dominion Bank reported revenue of CAD 67.8B in the fiscal year ended Oct 2025, up 18.4% from the year before. Net income was CAD 20.5B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Oct 2021 | Oct 2022 | Oct 2023 | Oct 2024 | Oct 2025 |
|---|---|---|---|---|---|
| Revenue | CAD 42.7B | CAD 49B | CAD 50.7B | CAD 57.2B | CAD 67.8B |
| Interest expense | CAD 5.5B | CAD 13.7B | CAD 50.7B | CAD 62.9B | CAD 54.6B |
| Income tax | CAD 3.6B | CAD 4B | CAD 3.1B | CAD 2.7B | CAD 3.4B |
| Net income | CAD 14.3B | CAD 17.4B | CAD 10.6B | CAD 8.8B | CAD 20.5B |
Balance sheet
| Fiscal year | Oct 2021 | Oct 2022 | Oct 2023 | Oct 2024 | Oct 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | CAD 5.9B | CAD 8.6B | CAD 6.7B | CAD 6.4B | CAD 7.5B |
| Net PP&E | CAD 9.2B | CAD 9.4B | CAD 9.4B | CAD 9.8B | CAD 10.1B |
| Goodwill | CAD 16.2B | CAD 17.7B | CAD 18.6B | CAD 18.9B | CAD 19B |
| Total assets | CAD 1,729B | CAD 1,918B | CAD 1,955B | CAD 2,062B | CAD 2,095B |
| Total liabilities | CAD 1,629B | CAD 1,806B | CAD 1,843B | CAD 1,947B | CAD 1,967B |
| Shareholders' equity | CAD 99.8B | CAD 111B | CAD 112B | CAD 115B | CAD 128B |
Cash flow
| Fiscal year | Oct 2021 | Oct 2022 | Oct 2023 | Oct 2024 | Oct 2025 |
|---|---|---|---|---|---|
| Operating cash flow | CAD 50.1B | CAD 38.9B | −CAD 65.3B | CAD 54.9B | −CAD 69.6B |
Key ratios
| Fiscal year | Oct 2021 | Oct 2022 | Oct 2023 | Oct 2024 | Oct 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 14.8% | 3.4% | 12.9% | 18.4% |
| Net margin | 33.5% | 35.5% | 21.0% | 15.5% | 30.3% |
| Return on equityBlank when equity is negative | 14.3% | 15.6% | 9.5% | 7.7% | 16.1% |
| Cash conversion (CFO ÷ net income) | 3.51x | 2.23x | −6.14x | 6.21x | −3.39x |
Recent filings
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Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.