
The Toronto-Dominion Bank (TD) Return on Assets (ROA)
Market Cap: $103.95B
Avg Volume: 2.33M
Industry: Banks - Diversified
Sector: Financial Services
The Toronto-Dominion Bank Return on Assets (ROA) Summary
The Toronto-Dominion Bank's ROA indicates the return generated on the company's assets:
- Annual: 0.43%
- Quarterly: 0.13%
- TTM: 0.42%
What is Return on Assets (ROA)?
Return on Assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is an indicator of how efficiently a company is using its assets to generate earnings.
Related Metrics
Other important metrics to assess The Toronto-Dominion Bank's profitability include:
- ROE (Return on Equity) - measures the return generated on shareholders' equity:
- Annual: 7.68%
- Quarterly: 2.35%
- TTM: 7.70%
- ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
- Annual: 0.67%
- Quarterly: 0.00%
- TTM: 0.55%
- Return on Tangible Assets - measures the return generated on the company's tangible assets:
- Annual: 0.43%
- Quarterly: 0.13%
- TTM: 0.43%
- Profit Margin - shows the percentage of revenue that has turned into profit:
- Annual: 15.80%
- Quarterly: 18.74%
- TTM: 15.40%
These metrics provide insights into The Toronto-Dominion Bank's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual ROA
0.43%
Quarterly ROA
0.13%
TTM ROA
0.42%
The Toronto-Dominion Bank Historical ROA
Historical ROE
Historical ROIC
Historical Profit Margin
Historical Return on Tangible Assets
The Toronto-Dominion Bank Historical Profitability Metrics
The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.
Year | ROA | ROE | ROIC | Profit Margin | Return on Tangible Assets |
---|---|---|---|---|---|
2024 | 0.43% | 7.68% | 0.67% | 15.80% | 0.43% |
2023 | 0.55% | 9.62% | 0.49% | 20.94% | 0.56% |
2022 | 0.91% | 15.65% | 3.62% | 38.09% | 0.92% |
2021 | 0.83% | 14.32% | 1.89% | 33.83% | 0.84% |
2020 | 0.69% | 12.46% | 1.88% | 27.48% | 0.70% |
2019 | 0.82% | 13.30% | 2.89% | 28.65% | 0.84% |
2018 | 0.84% | 14.25% | 6.93% | 29.23% | 0.86% |
2017 | 0.81% | 14.01% | 5.72% | 29.18% | 0.82% |
2016 | 0.75% | 12.16% | 3.41% | 25.94% | 0.76% |
2015 | 0.72% | 12.09% | 4.69% | 25.50% | 0.73% |
Related Metrics
Explore detailed financial metrics and analysis for TD.