Toronto Dominion Gross Profit vs. Profit Margin
| TD Stock | CAD 78.51 0.40 0.51% |
Gross Profit | First Reported 1996-01-31 | Previous Quarter 29.4 B | Current Value 30.4 B | Quarterly Volatility 5.2 B |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.79 | 0.91 |
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| Net Profit Margin | 0.19 | 0.18 |
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| Operating Profit Margin | 0.33 | 0.34 |
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| Pretax Profit Margin | 0.23 | 0.22 |
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| Return On Assets | 0.0058 | 0.005 |
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| Return On Equity | 0.14 | 0.11 |
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For Toronto Dominion profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Toronto Dominion to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Toronto Dominion Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Toronto Dominion's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Toronto Dominion Bank over time as well as its relative position and ranking within its peers.
Toronto |
Toronto Dominion Bank Profit Margin vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Toronto Dominion's current stock value. Our valuation model uses many indicators to compare Toronto Dominion value to that of its competitors to determine the firm's financial worth. Toronto Dominion Bank is rated third in gross profit category among its peers. It is rated below average in profit margin category among its peers . The ratio of Gross Profit to Profit Margin for Toronto Dominion Bank is about 303,695,928,753 . At this time, Toronto Dominion's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Toronto Dominion by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Toronto Dominion's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Toronto Profit Margin vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Toronto Dominion |
| = | 47.74 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Toronto Dominion |
| = | 0.16 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Toronto Profit Margin Comparison
Toronto Dominion is currently under evaluation in profit margin category among its peers.
Toronto Dominion Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Toronto Dominion, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Toronto Dominion will eventually generate negative long term returns. The profitability progress is the general direction of Toronto Dominion's change in net profit over the period of time. It can combine multiple indicators of Toronto Dominion, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 3.2 B | 4.3 B | |
| Operating Income | 16 B | 15.1 B | |
| Income Before Tax | 15 B | 15.8 B | |
| Total Other Income Expense Net | -993.6 M | -1 B | |
| Net Income | 12.4 B | 7 B | |
| Income Tax Expense | 3.6 B | 3.8 B | |
| Net Income From Continuing Ops | 12.4 B | 12.4 B | |
| Net Income Applicable To Common Shares | 19.7 B | 12.2 B | |
| Net Interest Income | 34.4 B | 26 B | |
| Interest Income | 92.8 B | 97.4 B | |
| Change To Netincome | -427.5 M | -406.1 M | |
| Net Income Per Share | 5.32 | 5.59 | |
| Income Quality | (3.32) | (3.49) | |
| Net Income Per E B T | 0.74 | 0.64 |
Toronto Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Toronto Dominion. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Toronto Dominion position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Toronto Dominion's important profitability drivers and their relationship over time.
Use Toronto Dominion in pair-trading
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.Toronto Dominion Pair Trading
Toronto Dominion Bank Pair Trading Analysis
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.Use Investing Themes to Complement your Toronto Dominion position
In addition to having Toronto Dominion in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Toronto Dominion's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Toronto Dominion Bank at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Toronto Dominion's income statement, its balance sheet, and the statement of cash flows.