The Toronto-Dominion Bank (TD)

The Toronto-Dominion Bank Income Statement

Financials in millions CAD. Fiscal year is November - October.

Year	2023	2022	2021	2020	2019
Revenue	50,492	49,032	42,693	43,646	41,065
Revenue Growth (YoY)	2.98%	14.85%	-2.18%	6.29%	5.59%
Gross Profit	50,492	49,032	42,693	43,646	41,065
Selling, General & Admin	21,494	18,599	17,083	16,521	15,959
Other Operating Expenses	15,912	10,009	8,476	15,211	11,877
Operating Expenses	37,406	28,608	25,559	31,732	27,836
Operating Income	13,086	20,424	17,134	11,914	13,229
Other Expense / Income	-864	-991	-785	-1,133	-1,174
Pretax Income	13,950	21,415	17,919	13,047	14,403
Income Tax	3,168	3,986	3,621	1,152	2,735
Net Income	10,782	17,429	14,298	11,895	11,668
Preferred Dividends	563	259	249	267	252
Net Income Common	10,219	17,170	14,049	11,628	11,434
Net Income Growth	-40.48%	22.22%	20.82%	1.70%	2.82%
Shares Outstanding (Basic)	1,828	1,813	1,816	1,812	1,830
Shares Change	0.79%	-0.17%	0.20%	-0.98%	-0.66%
EPS (Basic)	5.61	9.48	7.73	6.43	6.26
EPS (Diluted)	5.60	9.47	7.72	6.43	6.25
EPS Growth	-40.87%	22.67%	20.06%	2.88%	3.99%
Free Cash Flow	-67,146	37,495	49,000	228,346	-555
Free Cash Flow Per Share	-36.74	20.68	26.98	125.98	-0.30
Dividend Per Share	2.841	2.748	2.512	2.913	2.890
Dividend Growth	3.38%	9.39%	-13.77%	0.80%	10.73%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	25.92%	41.65%	40.13%	27.30%	32.21%
Profit Margin	20.24%	35.02%	32.91%	26.64%	27.84%
Free Cash Flow Margin	-132.98%	76.47%	114.77%	523.18%	-1.35%
Effective Tax Rate	22.71%	18.61%	20.21%	8.83%	18.99%
EBITDA	15,861	23,181	19,985	15,188	15,808
EBITDA Margin	31.41%	47.28%	46.81%	34.80%	38.50%
Depreciation & Amortization	1,911	1,766	2,066	2,141	1,405
EBIT	13,950	21,415	17,919	13,047	14,403
EBIT Margin	27.63%	43.68%	41.97%	29.89%	35.07%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).