Toronto Dominion Bank
TD
$60.11
Share price
0.82%
Change (1 day)
-10.18%
Change (1 year)
Categories
Operating Margin for Toronto Dominion Bank (TD)
Operating Margin as of December 2023 (TTM): 35.76%
According to Toronto Dominion Bank's latest financial reports and stock price the company's current Operating Margin is 35.76%. 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% | 3.38% |
| 2017 | 34.58% | 10.43% |
| 2016 | 31.31% | 5.95% |
| 2015 | 29.55% | -4.27% |
| 2014 | 30.87% | 10.85% |
| 2013 | 27.85% | -12.14% |
| 2012 | 31.70% | -2.86% |
| 2011 | 32.63% | 10.51% |
| 2010 | 29.53% | 66.41% |
| 2009 | 17.74% | -39.2% |
| 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 | 36.06% | 0.84% | 🇨🇦 Canada |
 Wells Fargo WFC | 23.13% | -35.32% | 🇺🇸 USA |
 Santander SAN | 27.96% | -21.81% | 🇪🇸 Spain |
 CIBC CM | 30.75% | -14.01% | 🇨🇦 Canada |
 Scotiabank BNS | 36.29% | 1.48% | 🇨🇦 Canada |
 Bank of Montreal
BMO | 31.26% | -12.58% | 🇨🇦 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.