Toronto Dominion Bank (TD) - Cash Flow Conversion Efficiency

Latest as of April 2026: 0.087x

Based on the latest financial reports, Toronto Dominion Bank (TD) has a cash flow conversion efficiency ratio of 0.087x as of April 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$10.83 Billion ≈ $7.83 Billion USD) by net assets (CA$124.32 Billion ≈ $89.93 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Toronto Dominion Bank defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Toronto Dominion Bank - Cash Flow Conversion Efficiency Trend (1995–2025)

This chart illustrates how Toronto Dominion Bank's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Toronto Dominion Bank Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Toronto Dominion Bank ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Bank of China Limited SHG:601988	0.060x
Analog Devices Inc NASDAQ:ADI	0.041x
LOREAL ADR 1/5/EO 02 F:LORA	N/A
Nestle S.A. SW:NESN	0.334x
HERMES INTL UNSP.ADR 1/10 F:HMIA	N/A
McDonald’s Corporation NYSE:MCD	-1.876x
Shopify Inc NYSE:SHOP	0.041x
Verizon Communications Inc SA:VERZ34	0.076x

Annual Cash Flow Conversion Efficiency for Toronto Dominion Bank (1995–2025)

The table below shows the annual cash flow conversion efficiency of Toronto Dominion Bank from 1995 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Toronto Dominion Bank.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-10-31	CA$127.83 Billion ≈ $92.47 Billion	CA$-69.65 Billion ≈ $-50.38 Billion	-0.545x	-214.21%
2024-10-31	CA$115.16 Billion ≈ $83.30 Billion	CA$54.94 Billion ≈ $39.74 Billion	0.477x	+181.87%
2023-10-31	CA$112.07 Billion ≈ $81.07 Billion	CA$-65.30 Billion ≈ $-47.24 Billion	-0.583x	-266.63%
2022-10-31	CA$111.38 Billion ≈ $80.57 Billion	CA$38.95 Billion ≈ $28.18 Billion	0.350x	-30.37%
2021-10-31	CA$99.82 Billion ≈ $72.21 Billion	CA$50.13 Billion ≈ $36.26 Billion	0.502x	-79.11%
2020-10-31	CA$95.50 Billion ≈ $69.08 Billion	CA$229.61 Billion ≈ $166.09 Billion	2.404x	+25304.62%
2019-10-31	CA$87.70 Billion ≈ $63.44 Billion	CA$830.00 Million ≈ $600.41 Million	0.009x	-86.69%
2018-10-31	CA$80.04 Billion ≈ $57.90 Billion	CA$5.69 Billion ≈ $4.12 Billion	0.071x	-79.53%
2017-10-31	CA$75.19 Billion ≈ $54.39 Billion	CA$26.13 Billion ≈ $18.90 Billion	0.347x	-32.58%
2016-10-31	CA$72.56 Billion ≈ $52.49 Billion	CA$37.40 Billion ≈ $27.06 Billion	0.515x	-2.15%
2015-10-31	CA$67.03 Billion ≈ $48.49 Billion	CA$35.31 Billion ≈ $25.54 Billion	0.527x	+14.30%
2014-10-31	CA$56.23 Billion ≈ $40.68 Billion	CA$25.91 Billion ≈ $18.75 Billion	0.461x	-13.21%
2013-10-31	CA$51.38 Billion ≈ $37.17 Billion	CA$27.28 Billion ≈ $19.74 Billion	0.531x	+99.15%
2012-10-31	CA$49.00 Billion ≈ $35.45 Billion	CA$13.06 Billion ≈ $9.45 Billion	0.267x	-29.46%
2011-10-31	CA$44.00 Billion ≈ $31.83 Billion	CA$16.63 Billion ≈ $12.03 Billion	0.378x	+389.01%
2010-10-31	CA$39.87 Billion ≈ $28.84 Billion	CA$3.08 Billion ≈ $2.23 Billion	0.077x	-87.85%
2009-10-31	CA$38.72 Billion ≈ $28.01 Billion	CA$24.64 Billion ≈ $17.83 Billion	0.636x	+0.88%
2008-10-31	CA$31.67 Billion ≈ $22.91 Billion	CA$19.98 Billion ≈ $14.45 Billion	0.631x	+231.53%
2007-10-31	CA$21.40 Billion ≈ $15.48 Billion	CA$4.07 Billion ≈ $2.95 Billion	0.190x	+158.55%
2006-10-31	CA$19.63 Billion ≈ $14.20 Billion	CA$-6.38 Billion ≈ $-4.62 Billion	-0.325x	-198.00%
2005-10-31	CA$15.87 Billion ≈ $11.48 Billion	CA$5.26 Billion ≈ $3.81 Billion	0.332x	+156.06%
2004-10-31	CA$15.23 Billion ≈ $11.01 Billion	CA$-9.01 Billion ≈ $-6.52 Billion	-0.592x	-264.85%
2003-10-31	CA$14.36 Billion ≈ $10.39 Billion	CA$5.15 Billion ≈ $3.73 Billion	0.359x	-63.24%
2002-10-31	CA$14.29 Billion ≈ $10.34 Billion	CA$13.95 Billion ≈ $10.09 Billion	0.976x	+396.50%
2001-10-31	CA$14.68 Billion ≈ $10.62 Billion	CA$-4.83 Billion ≈ $-3.50 Billion	-0.329x	+21.99%
2000-10-31	CA$14.01 Billion ≈ $10.13 Billion	CA$-5.91 Billion ≈ $-4.28 Billion	-0.422x	+48.92%
1999-10-31	CA$11.87 Billion ≈ $8.59 Billion	CA$-9.81 Billion ≈ $-7.10 Billion	-0.826x	+57.95%
1998-10-31	CA$8.53 Billion ≈ $6.17 Billion	CA$-16.77 Billion ≈ $-12.13 Billion	-1.966x	-78.06%
1997-10-31	CA$7.30 Billion ≈ $5.28 Billion	CA$-8.06 Billion ≈ $-5.83 Billion	-1.104x	-620.73%
1996-10-31	CA$6.68 Billion ≈ $4.83 Billion	CA$-1.02 Billion ≈ $-740.03 Million	-0.153x	+49.28%
1995-10-31	CA$6.05 Billion ≈ $4.38 Billion	CA$-1.83 Billion ≈ $-1.32 Billion	-0.302x	--

About Toronto Dominion Bank

TO:TD Canada Banks - Diversified

Market Cap

$201.52 Billion

CA$278.59 Billion CAD

Market Cap Rank

#101 Global

#2 in Canada

Share Price

CA$168.63

Change (1 day)

+0.70%

52-Week Range

CA$97.39 - CA$168.63

All Time High

CA$168.63