Toronto Dominion Bank (TD) — Free Cash Flow Generation Index
Toronto Dominion Bank (TD) has a Free Cash Flow Generation Index of 0.94x as of April 2026. Free cash flow of CA$10.20 Billion represents 1% of operating cash flow (CA$10.83 Billion). Explore Toronto Dominion Bank capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see Toronto Dominion Bank cash flow conversion.
Annual Free Cash Flow Generation for Toronto Dominion Bank (2002–2024)
Year-by-year Free Cash Flow Generation Index for Toronto Dominion Bank. Check cash flow reinvestment rate of Toronto Dominion Bank to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 1.89x | CA$52.76 Billion | CA$27.93 Billion | CA$2.18 Billion | ▲ +203.5% |
| 2023 | -1.83x | CA$-67.15 Billion | CA$36.77 Billion | CA$1.84 Billion | ▼ -332.5% |
| 2022 | 0.79x | CA$37.49 Billion | CA$47.75 Billion | CA$1.45 Billion | ▲ +63.5% |
| 2021 | 0.48x | CA$49.00 Billion | CA$102.02 Billion | CA$1.13 Billion | ▲ +10349.9% |
| 2019 | 0.00x | CA$-555.00 Million | CA$118.44 Billion | CA$1.39 Billion | ▼ -100.0% |
| 2018 | 340.40x | CA$5.11 Billion | CA$15.00 Million | CA$587.00 Million | ▲ +34515.0% |
| 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 | — |