Toronto Dominion Bank (TD) Tax Rate (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Tax Rate came in at 78.44% in Q2 2026, down 28238.0% YoY from N/an in Q2 2025, and down 42.97% on a QoQ basis from 54.86% in Q1 2026.
Toronto Dominion Bank (TD) Tax Rate (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has 18 years of Tax Rate data on file, last reported at 78.44% in Q2 2026.
- Quarterly Tax Rate fell 28238.0% year-over-year to 78.44% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 29074.71% (down 2914413.0% YoY) and the FY2021 annual result came in at 24.49%, down 52.0% from the prior year.
- Tax Rate fell to 78.44% in Q2 2026, from 54.86% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 232.17% in Q2 2024 to a low of 4253.85% in Q1 2023.
- A 5-year average of 377.05% and a median of 25.13% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 432306 bps — and 2026, when it plunged 28238 bps.
- Tracing TD's Tax Rate over 5 years: stood at 21.15% in 2022, then soared by 89 bps to 39.95% in 2023, then jumped by 481 bps to 232.17% in 2024, then dropped by 12 bps to 203.93% in 2025, then tumbled by 138 bps to 78.44% in 2026.
- The last three Tax Rate figures came in at 78.44% (Q2 2026), 54.86% (Q1 2026), and 203.93% (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 21.54% |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | 60.94% |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 21.90% |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 17.42% |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | 24.29% |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 24.97% |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | -7.60% |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 20.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -78.44% |
| Apr 30, 2026 | -78.44% |
| Apr 30, 2026 | -78.44% |
| Jan 31, 2026 | -54.86% |
| Jan 31, 2026 | -54.86% |
| Jan 31, 2026 | -54.86% |
| Apr 30, 2025 | 203.93% |
| Apr 30, 2025 | 203.93% |
| Apr 30, 2025 | 203.93% |
| Jan 31, 2025 | 26.50% |
| Jan 31, 2025 | 26.50% |
| Jan 31, 2025 | 26.50% |
| Apr 30, 2024 | 232.17% |
| Apr 30, 2024 | 232.17% |
| Apr 30, 2024 | 232.17% |
| Jan 31, 2024 | 69.21% |
| Jan 31, 2024 | 69.21% |
| Jan 31, 2024 | 69.21% |
| Apr 30, 2023 | 39.95% |
| Apr 30, 2023 | 39.95% |