Toronto Dominion Bank (TD) — Cash Flow Quality Index
Toronto Dominion Bank (TD) has a Cash Flow Quality Index of 2.55x as of April 2026. Operating cash flow of CA$10.83 Billion exceeds net income of CA$4.25 Billion, indicating high earnings quality where cash backs reported profits. Explore how efficiently does Toronto Dominion Bank generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Toronto Dominion Bank Cash Flow Quality Index (1995–2025)
Historical Cash Flow Quality Index for Toronto Dominion Bank across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check TD total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Toronto Dominion Bank (1995–2025)
Year-by-year earnings quality comparison for Toronto Dominion Bank. For live market cap and the full company financial profile, see market value of Toronto Dominion Bank.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -0.13x | CA$-2.65 Billion | CA$20.54 Billion | ▼ -104.1% |
| 2024 | 3.16x | CA$27.93 Billion | CA$8.84 Billion | ▼ -7.4% |
| 2023 | 3.41x | CA$36.77 Billion | CA$10.78 Billion | ▲ +24.5% |
| 2022 | 2.74x | CA$47.75 Billion | CA$17.43 Billion | ▼ -61.6% |
| 2021 | 7.14x | CA$102.02 Billion | CA$14.30 Billion | ▲ +393.8% |
| 2020 | -2.43x | CA$-28.89 Billion | CA$11.89 Billion | ▼ -124.0% |
| 2019 | 10.14x | CA$118.44 Billion | CA$11.69 Billion | ▲ +980717.5% |
| 2018 | 0.00x | CA$15.00 Million | CA$14.52 Billion | ▼ -99.9% |
| 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 | — |