Toronto Dominion Bank key statistics and ratios

In fiscal 2025, Toronto Dominion Bank had return on equity of 16.9%, a net margin of 30.3% and debt equal to 0.0% of equity. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Toronto Dominion Bank: financial ratios, annual
Fiscal year	2016Oct 2016	2017Oct 2017	2018Oct 2018	2019Oct 2019	2020Oct 2020	2021Oct 2021	2022Oct 2022	2023Oct 2023	2024Oct 2024	2025Oct 2025
Net margin	26.0%	29.1%	29.1%	28.5%	27.3%	33.5%	35.5%	21.0%	15.5%	30.3%
Return on equity	12.2%	14.3%	15.0%	13.9%	12.8%	15.0%	16.7%	9.7%	8.0%	16.9%
Return on assets	0.8%	0.9%	0.9%	0.8%	0.7%	0.8%	1.0%	0.6%	0.5%	1.0%
Asset turnover	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Debt to equity	0.0%	—	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Dividends ÷ net income	42.6%	40.0%	40.9%	44.1%	30.8%	38.9%	38.2%	54.8%	81.0%	37.3%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Toronto Dominion Bank's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Toronto Dominion Bank.