The Toronto-Dominion Bank (The Toronto-Dominion Bank) Net Margin %

: 20.70% (As of Jan. 2024)

View and export this data going back to 1996. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. The Toronto-Dominion Bank's Net Income for the three months ended in Jan. 2024 was $2,104 Mil. The Toronto-Dominion Bank's Revenue for the three months ended in Jan. 2024 was $10,162 Mil. Therefore, The Toronto-Dominion Bank's net margin for the quarter that ended in Jan. 2024 was 20.70%.

The historical rank and industry rank for The Toronto-Dominion Bank's Net Margin % or its related term are showing as below:

TD' s Net Margin % Range Over the Past 10 Years
Min: 20.37 Med: 28.07 Max: 38.09
Current: 22.43

TD's Net Margin % is ranked worse than
60.26% of 1462 companies
in the Banks industry
Industry Median: 25.505 vs TD: 22.43

The Toronto-Dominion Bank Net Margin % Historical Data

The historical data trend for The Toronto-Dominion Bank's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Toronto-Dominion Bank Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Net Margin %

28.65

27.48

33.83

38.09

20.37

The Toronto-Dominion Bank Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Net Margin %																12.18	26.96	23.21	19.55	20.70

Competitive Comparison

For the Banks - Diversified subindustry, The Toronto-Dominion Bank's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Toronto-Dominion Bank Net Margin % Distribution

For the Banks industry and Financial Services sector, The Toronto-Dominion Bank's Net Margin % distribution charts can be found below:

* The bar in red indicates where The Toronto-Dominion Bank's Net Margin % falls into.

The Toronto-Dominion Bank Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

The Toronto-Dominion Bank's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin	=	Net Income (A: Oct. 2023 )	/	Revenue (A: Oct. 2023 )
	=	7863.186	/	38600.496
	=	20.37 %

The Toronto-Dominion Bank's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin	=	Net Income (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	2103.852	/	10162.408
	=	20.70 %

The Toronto-Dominion Bank (NYSE:TD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

The Toronto-Dominion Bank Net Margin % Related Terms

Thank you for viewing the detailed overview of The Toronto-Dominion Bank's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Toronto-Dominion Bank (The Toronto-Dominion Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Toronto-Dominion Bank (NYSE:TD) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

TDBKF.PFD:USA TNTTF.PFD:USA TDB:Germany TDB:Germany TD.PF.M.PFD:Canada TD.PF.L.PFD:Canada TD.PF.J.PFD:Canada TD.PF.I.PFD:Canada TD.PF.E.PFD:Canada TD.PF.D.PFD:Canada TD.PF.C.PFD:Canada TD.PF.B.PFD:Canada TD.PF.A.PFD:Canada TD:Canada

Address

C/o General Counsel’s Office, P.O. Box 1, Toronto-Dominion Centre, King St. W. and Bay St., Toronto, ON, CAN, M5K 1A2

Website

https://www.td.com

Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.