Toronto Dominion Bank (TD) Interest Coverage Ratio (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Interest Coverage Ratio came in at 0.25 in Q3 2026, up 14.38% on a YoY basis from 0.22 in Q3 2025, and up 10.36% quarter-over-quarter from 0.23 in Q2 2026.
Analysis
Toronto Dominion Bank (TD) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has reported Interest Coverage Ratio for 15 consecutive years, with 0.25 the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Interest Coverage Ratio rose 14.38% year-over-year to 0.25; the trailing twelve-month figure through Jul 2026 stood at 0.28 (up 25.2% YoY), and the FY2025 full-year result was 0.25, up 41.38% from the prior year.
- Interest Coverage Ratio climbed to 0.25 in Q3 2026 per TD's latest filing, from 0.23 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.35 in Q1 2026 and bottomed at 0.03 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 0.18 across 5 years, with a median of 0.2 in 2024.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio slumped 203.87% in 2022, then jumped 262.67% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 0.03 in 2022, then surged by 262.67% to 0.05 in 2023, then surged by 246.26% to 0.17 in 2024, then jumped by 65.23% to 0.29 in 2025, then fell by 13.73% to 0.25 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.25, 0.23, and 0.35 for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 0.66 |
| 2 | Morgan Stanley | 332.67 Bn | 172.54 Bn | - | 1.56 |
| 3 | Goldman Sachs | 306.41 Bn | -669.94 Bn | - | 1.47 |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 3.44 |
| 5 | Royal Bank Of Canada | 290.18 Bn | 63.30 Bn | - | 1.43 |
| 6 | Wells Fargo & Company | 270.69 Bn | 66.72 Bn | - | 1.73 |
| 7 | American Express | 217.75 Bn | 168.43 Bn | 17.99 Bn | 1.79 |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | 0.30 |
| 9 | Toronto Dominion Bank | 205.60 Bn | 44.27 Bn | - | 0.25 |
| 10 | Schwab Charles | 185.47 Bn | 111.88 Bn | - | 5.65 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.25 |
| Apr 30, 2026 | 0.23 |
| Jan 31, 2026 | 0.35 |
| Oct 31, 2025 | 0.29 |
| Jul 31, 2025 | 0.22 |
| Apr 30, 2025 | 0.23 |
| Jan 31, 2025 | 0.28 |
| Oct 31, 2024 | 0.17 |
| Jul 31, 2024 | 0.22 |
| Apr 30, 2024 | 0.15 |
| Jan 31, 2024 | 0.18 |
| Oct 31, 2023 | 0.05 |
| Jul 31, 2023 | 0.14 |
| Apr 30, 2023 | 0.06 |
| Jan 31, 2023 | 0.16 |
| Oct 31, 2022 | -0.03 |
| Oct 31, 2021 | -0.01 |
| Jul 31, 2021 | -0.02 |
| Oct 31, 2017 | 0.06 |
| Oct 31, 2016 | 0.08 |