Toronto Dominion Bank
TD
#126
Rank
$106.90 B
Marketcap
$58.15
Share price
0.78%
Change (1 day)
-23.74%
Change (1 year)

Operating Margin for Toronto Dominion Bank (TD)

Operating Margin as of June 2023 (TTM): 38.04%

According to Toronto Dominion Bank's latest financial reports and stock price the company's current Operating Margin is 38.04%. At the end of 2022 the company had an Operating Margin of 44.63%.

Operating Margin history for Toronto Dominion Bank from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202244.63%10.1%
202140.54%47.28%
202027.53%-15.26%
201932.48%-9.14%
201835.75%3.97%
201734.38%9.8%
201631.31%5.31%
201529.73%-3.69%
201430.87%10.43%
201327.96%-14.16%
201232.57%-1.71%
201133.13%10.51%
201029.98%69.32%
200917.71%-39.33%
200829.19%-12.36%
200733.30%-19.52%
200641.38%68.09%
200524.62%-14.42%
200428.76%106.62%
200313.92%-394.92%
2002-4.72%-141.7%
200111.32%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
39.55% 3.97%๐Ÿ‡จ๐Ÿ‡ฆ Canada
21.19%-44.30%๐Ÿ‡บ๐Ÿ‡ธ USA
27.65%-27.31%๐Ÿ‡ช๐Ÿ‡ธ Spain
30.52%-19.77%๐Ÿ‡จ๐Ÿ‡ฆ Canada
39.28% 3.26%๐Ÿ‡จ๐Ÿ‡ฆ Canada
53.12% 39.64%๐Ÿ‡จ๐Ÿ‡ฆ Canada

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.