Toronto Dominion Bank (TD) — Cash Flow Quality Index
Toronto Dominion Bank (TD) has a Cash Flow Quality Index of 8.81x as of January 2026. Operating cash flow of CA$35.62 Billion exceeds net income of CA$4.04 Billion, indicating high earnings quality where cash backs reported profits. Explore Toronto Dominion Bank long-term investment allocation to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Toronto Dominion Bank Cash Flow Quality Index (1995–2025)
Historical Cash Flow Quality Index for Toronto Dominion Bank across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check TD goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Toronto Dominion Bank (1995–2025)
Year-by-year earnings quality comparison for Toronto Dominion Bank. For live market cap and the full company financial profile, see Toronto Dominion Bank market cap and net worth.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -3.39x | CA$-69.65 Billion | CA$20.54 Billion | ▼ -154.6% |
| 2024 | 6.21x | CA$54.94 Billion | CA$8.84 Billion | ▲ +202.6% |
| 2023 | -6.06x | CA$-65.30 Billion | CA$10.78 Billion | ▼ -371.0% |
| 2022 | 2.23x | CA$38.95 Billion | CA$17.43 Billion | ▼ -36.3% |
| 2021 | 3.51x | CA$50.13 Billion | CA$14.30 Billion | ▼ -81.8% |
| 2020 | 19.30x | CA$229.61 Billion | CA$11.89 Billion | ▲ +27077.4% |
| 2019 | 0.07x | CA$830.00 Million | CA$11.69 Billion | ▼ -81.9% |
| 2018 | 0.39x | CA$5.69 Billion | CA$14.52 Billion | ▼ -80.8% |
| 2017 | 2.05x | CA$26.13 Billion | CA$12.77 Billion | ▼ -39.4% |
| 2016 | 3.38x | CA$37.40 Billion | CA$11.08 Billion | ▼ -8.7% |
| 2015 | 3.70x | CA$35.31 Billion | CA$9.55 Billion | ▲ +34.1% |
| 2014 | 2.76x | CA$25.91 Billion | CA$9.39 Billion | ▼ -21.4% |
| 2013 | 3.51x | CA$27.28 Billion | CA$7.78 Billion | ▲ +102.7% |
| 2012 | 1.73x | CA$13.06 Billion | CA$7.54 Billion | ▼ -23.3% |
| 2011 | 2.26x | CA$16.63 Billion | CA$7.37 Billion | ▲ +240.0% |
| 2010 | 0.66x | CA$3.08 Billion | CA$4.64 Billion | ▼ -91.6% |
| 2009 | 7.90x | CA$24.64 Billion | CA$3.12 Billion | ▲ +51.5% |
| 2008 | 5.21x | CA$19.98 Billion | CA$3.83 Billion | ▲ +411.6% |
| 2007 | 1.02x | CA$4.07 Billion | CA$4.00 Billion | ▲ +173.5% |
| 2006 | -1.39x | CA$-6.38 Billion | CA$4.60 Billion | ▼ -158.7% |
| 2005 | 2.36x | CA$5.26 Billion | CA$2.23 Billion | ▲ +158.5% |
| 2004 | -4.04x | CA$-9.01 Billion | CA$2.23 Billion | ▼ -184.3% |
| 2003 | 4.79x | CA$5.15 Billion | CA$1.08 Billion | ▲ +237.0% |
| 2001 | -3.50x | CA$-4.83 Billion | CA$1.38 Billion | ▲ +39.4% |
| 2000 | -5.77x | CA$-5.91 Billion | CA$1.02 Billion | ▼ -75.3% |
| 1999 | -3.29x | CA$-9.81 Billion | CA$2.98 Billion | ▲ +78.0% |
| 1998 | -14.96x | CA$-16.77 Billion | CA$1.12 Billion | ▼ -101.9% |
| 1997 | -7.41x | CA$-8.06 Billion | CA$1.09 Billion | ▼ -562.0% |
| 1996 | -1.12x | CA$-1.02 Billion | CA$913.98 Million | ▲ +51.4% |
| 1995 | -2.30x | CA$-1.83 Billion | CA$794.00 Million | — |