Toronto Dominion Bank (TD) — Free Cash Flow Generation Index
Toronto Dominion Bank (TD) has a Free Cash Flow Generation Index of 0.99x as of January 2026. Free cash flow of CA$35.09 Billion represents 1% of operating cash flow (CA$35.62 Billion). See Toronto Dominion Bank current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Toronto Dominion Bank Free Cash Flow Generation Index (2002–2024)
Historical FCF Generation Index trend for Toronto Dominion Bank across 20 annual periods. Explore TD cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Toronto Dominion Bank (2002–2024)
Year-by-year Free Cash Flow Generation Index for Toronto Dominion Bank. For the full company profile including market capitalisation, see TD stock market capitalisation.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.96x | CA$52.76 Billion | CA$54.94 Billion | CA$2.18 Billion | ▼ -0.2% |
| 2022 | 0.96x | CA$37.49 Billion | CA$38.95 Billion | CA$1.45 Billion | ▼ -1.5% |
| 2021 | 0.98x | CA$49.00 Billion | CA$50.13 Billion | CA$1.13 Billion | ▼ -1.7% |
| 2020 | 0.99x | CA$228.35 Billion | CA$229.61 Billion | CA$1.76 Billion | ▲ +248.7% |
| 2019 | -0.67x | CA$-555.00 Million | CA$830.00 Million | CA$1.39 Billion | ▼ -174.6% |
| 2018 | 0.90x | CA$5.11 Billion | CA$5.69 Billion | CA$587.00 Million | ▼ -8.8% |
| 2017 | 0.98x | CA$25.69 Billion | CA$26.13 Billion | CA$434.00 Million | ▲ +0.5% |
| 2016 | 0.98x | CA$36.60 Billion | CA$37.40 Billion | CA$797.00 Million | ▲ +0.6% |
| 2015 | 0.97x | CA$34.34 Billion | CA$35.31 Billion | CA$972.00 Million | ▲ +0.5% |
| 2014 | 0.97x | CA$25.09 Billion | CA$25.91 Billion | CA$837.00 Million | ▼ -0.5% |
| 2013 | 0.97x | CA$26.53 Billion | CA$27.28 Billion | CA$751.00 Million | ▲ +3.7% |
| 2012 | 0.94x | CA$12.25 Billion | CA$13.06 Billion | CA$827.00 Million | ▼ -4.5% |
| 2011 | 0.98x | CA$16.33 Billion | CA$16.63 Billion | CA$304.00 Million | ▲ +30.9% |
| 2010 | 0.75x | CA$2.31 Billion | CA$3.08 Billion | CA$770.00 Million | ▼ -22.4% |
| 2009 | 0.97x | CA$23.82 Billion | CA$24.64 Billion | CA$820.00 Million | ▼ -0.7% |
| 2008 | 0.97x | CA$19.45 Billion | CA$19.98 Billion | CA$531.51 Million | ▲ +5.7% |
| 2007 | 0.92x | CA$3.75 Billion | CA$4.07 Billion | CA$321.63 Million | ▲ +8.9% |
| 2005 | 0.85x | CA$4.45 Billion | CA$5.26 Billion | CA$813.56 Million | ▼ -13.8% |
| 2003 | 0.98x | CA$5.05 Billion | CA$5.15 Billion | CA$101.54 Million | ▼ -1.2% |
| 2002 | 0.99x | CA$13.84 Billion | CA$13.95 Billion | CA$113.71 Million | — |