Toronto Dominion Bank (TD) — Capital Reinvestment Ratio
Toronto Dominion Bank (TD) has a Capital Reinvestment Ratio of 0.06x as of April 2026, meaning it reinvests 0% of its operating cash flow (CA$10.83 Billion) in capital expenditures (CA$624.00 Million). Check tangible equity quality of Toronto Dominion Bank to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Toronto Dominion Bank Capital Reinvestment Ratio (2002–2024)
This chart tracks Toronto Dominion Bank's Capital Reinvestment Ratio across 20 annual periods. For the full cash flow conversion analysis, see Toronto Dominion Bank (TD) cash conversion ratio.
Annual Capital Reinvestment Ratio for Toronto Dominion Bank (2002–2024)
Year-by-year Capital Reinvestment Ratio for Toronto Dominion Bank from 2002 to 2024. See TD cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.08x | CA$27.93 Billion | CA$2.18 Billion | ▲ +55.4% |
| 2023 | 0.05x | CA$36.77 Billion | CA$1.84 Billion | ▲ +64.7% |
| 2022 | 0.03x | CA$47.75 Billion | CA$1.45 Billion | ▲ +175.2% |
| 2021 | 0.01x | CA$102.02 Billion | CA$1.13 Billion | ▼ -5.4% |
| 2019 | 0.01x | CA$118.44 Billion | CA$1.39 Billion | ▼ -100.0% |
| 2018 | 39.13x | CA$15.00 Million | CA$587.00 Million | ▲ +235484.5% |
| 2017 | 0.02x | CA$26.13 Billion | CA$434.00 Million | ▼ -22.0% |
| 2016 | 0.02x | CA$37.40 Billion | CA$797.00 Million | ▼ -22.6% |
| 2015 | 0.03x | CA$35.31 Billion | CA$972.00 Million | ▼ -14.8% |
| 2014 | 0.03x | CA$25.91 Billion | CA$837.00 Million | ▲ +17.3% |
| 2013 | 0.03x | CA$27.28 Billion | CA$751.00 Million | ▼ -56.5% |
| 2012 | 0.06x | CA$13.06 Billion | CA$827.00 Million | ▲ +246.3% |
| 2011 | 0.02x | CA$16.63 Billion | CA$304.00 Million | ▼ -92.7% |
| 2010 | 0.25x | CA$3.08 Billion | CA$770.00 Million | ▲ +650.8% |
| 2009 | 0.03x | CA$24.64 Billion | CA$820.00 Million | ▲ +25.1% |
| 2008 | 0.03x | CA$19.98 Billion | CA$531.51 Million | ▼ -66.3% |
| 2007 | 0.08x | CA$4.07 Billion | CA$321.63 Million | ▼ -48.9% |
| 2005 | 0.15x | CA$5.26 Billion | CA$813.56 Million | ▲ +684.7% |
| 2003 | 0.02x | CA$5.15 Billion | CA$101.54 Million | ▲ +141.8% |
| 2002 | 0.01x | CA$13.95 Billion | CA$113.71 Million | — |