The Toronto-Dominion Bank TD-PFI.TO TSX

Toronto Stock Exchan • Financial Services • Banks - Diversified • CA • CAD

SharesGrow Score

69/100

5/7 Pass

SharesGrow Intrinsic Value

N/A

Negative cash flow

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

The Toronto-Dominion Bank (TD-PFI.TO) generated $35.62B in operating cash flow for quarter ending 2026-01-31. After capital expenditures of $531M, free cash flow was $35.09B.

Free cash flow margin was 124.9% of revenue. Cash conversion ratio was 8.81x, indicating earnings are backed by cash.

The company returned $141M in dividends and $5.92B in share buybacks to shareholders during the quarter.

Criteria supported by this page:

HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
MOAT (72/100, Pass) — $35.09B (124.9% margin) supports a durable competitive advantage
INCOME (70/100) — Cash conversion ratio was 8.81x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 69/100 with 5/7 criteria passed.

SharesGrow 7-Criteria Score

69/100

SG Score

View full scorecard →

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VALUE

100/100

Price-to-Earnings & upside

→ Valuation

FUTURE

40/100

Analyst consensus

→ Forecast

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PAST

100/100

→ Income

✗

HEALTH

0/100

Debt-to-Equity & liquidity

Proven by this page

✓

MOAT

72/100

Proven by this page

✓

GROWTH

100/100

→ Income

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INCOME

70/100

→ Income

The Toronto-Dominion Bank Cash Flow History

Metric	TTM	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025
Operating Cash Flow	$16.26B	$35.62B	$-9.41B	$-21.69B	$11.74B
Capital Expenditure	$-2.18B	$-531M	$-637M	$-575M	$-436M
Free Cash Flow	$14.08B	$35.09B	$-10.05B	$-22.27B	$11.3B