Toronto Dominion Bank
TD
$58.15
Share price
0.78%
Change (1 day)
-23.74%
Change (1 year)
Categories
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 |
|---|---|---|
| 2022 | 44.63% | 10.1% |
| 2021 | 40.54% | 47.28% |
| 2020 | 27.53% | -15.26% |
| 2019 | 32.48% | -9.14% |
| 2018 | 35.75% | 3.97% |
| 2017 | 34.38% | 9.8% |
| 2016 | 31.31% | 5.31% |
| 2015 | 29.73% | -3.69% |
| 2014 | 30.87% | 10.43% |
| 2013 | 27.96% | -14.16% |
| 2012 | 32.57% | -1.71% |
| 2011 | 33.13% | 10.51% |
| 2010 | 29.98% | 69.32% |
| 2009 | 17.71% | -39.33% |
| 2008 | 29.19% | -12.36% |
| 2007 | 33.30% | -19.52% |
| 2006 | 41.38% | 68.09% |
| 2005 | 24.62% | -14.42% |
| 2004 | 28.76% | 106.62% |
| 2003 | 13.92% | -394.92% |
| 2002 | -4.72% | -141.7% |
| 2001 | 11.32% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Royal Bank Of Canada RY | 39.55% | 3.97% | 🇨🇦 Canada |
 Wells Fargo WFC | 21.19% | -44.30% | 🇺🇸 USA |
 Santander SAN | 27.65% | -27.31% | 🇪🇸 Spain |
 CIBC CM | 30.52% | -19.77% | 🇨🇦 Canada |
 Scotiabank BNS | 39.28% | 3.26% | 🇨🇦 Canada |
 Bank of Montreal
BMO | 53.12% | 39.64% | 🇨🇦 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.