Toronto Operating Income from 2010 to 2026
| TD Stock | CAD 130.33 0.97 0.74% |
Operating Income | First Reported 1995-01-31 | Previous Quarter 4.2 B | Current Value 4.1 B | Quarterly Volatility 1.7 B |
Check Toronto Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toronto Dominion's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 B, Interest Expense of 65.9 B or Selling General Administrative of 29.4 B, as well as many indicators such as Price To Sales Ratio of 1.58, Dividend Yield of 0.0266 or PTB Ratio of 1.86. Toronto financial statements analysis is a perfect complement when working with Toronto Dominion Valuation or Volatility modules.
Toronto | Operating Income |
Evaluating Toronto Dominion's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Toronto Dominion Bank's fundamental strength.
Latest Toronto Dominion's Operating Income Growth Pattern
Below is the plot of the Operating Income of Toronto Dominion Bank over the last few years. Operating Income is the amount of profit realized from Toronto Dominion Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Toronto Dominion Bank is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Toronto Dominion's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Toronto Dominion's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Toronto Operating Income Regression Statistics
| Arithmetic Mean | 13,932,080,735 | |
| Geometric Mean | 11,704,339,684 | |
| Coefficient Of Variation | 52.54 | |
| Mean Deviation | 5,562,231,626 | |
| Median | 12,321,000,000 | |
| Standard Deviation | 7,319,432,333 | |
| Sample Variance | 53574089.7T | |
| Range | 27.3B | |
| R-Value | 0.87 | |
| Mean Square Error | 13781255.8T | |
| R-Squared | 0.76 | |
| Slope | 1,262,648,358 | |
| Total Sum of Squares | 857185434.8T |
Toronto Operating Income History
About Toronto Dominion Financial Statements
Toronto Dominion investors utilize fundamental indicators, such as Operating Income, to predict how Toronto Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | 27.2 B | 28.5 B |
Pair Trading with Toronto Dominion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Toronto Dominion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Toronto Dominion will appreciate offsetting losses from the drop in the long position's value.Moving together with Toronto Stock
Moving against Toronto Stock
| 0.61 | CSU | Constellation Software | PairCorr |
| 0.5 | IFC | Intact Financial | PairCorr |
| 0.44 | CLS | Celestica | PairCorr |
| 0.37 | LORL | Loral Space Communic | PairCorr |
The ability to find closely correlated positions to Toronto Dominion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toronto Dominion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Toronto Dominion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Toronto Dominion Bank to buy it.
The correlation of Toronto Dominion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Toronto Dominion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toronto Dominion Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Toronto Dominion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Toronto Dominion Correlation against competitors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.