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). Read Toronto Dominion Bank total liabilities for a breakdown of total debt and financial obligations.
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 Toronto Dominion Bank capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
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 | 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 | — |