Toronto Dominion Bank (TD) Tax Rate (2011 - 2018)
Toronto Dominion Bank (TD) reported Tax Rate of 25.13% for Q2 2018, down 1292.0% on a YoY basis from 2.11% in Q2 2017, and down 7.54% quarter-over-quarter from 27.18% in Q1 2018.
Toronto Dominion Bank (TD) Tax Rate (2011 - 2018) Analysis & Trends
Toronto Dominion Bank has reported Tax Rate for 8 years, with the latest figure at 25.13% in Q2 2018.
- For the quarter ending Q2 2018, Tax Rate fell 1292.0% year-over-year to 25.13%; the trailing twelve-month figure through Jun 2018 stood at 24.82% (down 46.0% YoY), and the FY2021 full-year result was 24.49%, down 52.0% from the prior year.
- Tax Rate for Q2 2018 stood at 25.13%, down from 27.18% in the prior quarter.
- The five-year high for Tax Rate was 17485822.31% in Q4 2014, with the low at 2.08% in Q4 2017.
- Historically, Tax Rate has averaged 971459.2% across 5 years, with a median of 27.66% in 2016.
- Annual changes were most pronounced in 2014 — Tax Rate jumped 1748580947 bps — and 2015, when it sank 1748580996 bps.
- Toronto Dominion Bank's Tax Rate stood at 17485822.31% in 2014, then slumped by 100 bps to 35.97% in 2015, then gained by 1 bps to 36.28% in 2016, then slumped by 94 bps to 2.08% in 2017, then surged by 1109 bps to 25.13% in 2018.
- The last three Tax Rate figures came in at 25.13% (Q2 2018), 27.18% (Q1 2018), and 2.08% (Q4 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 23.02% |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | -21.14% |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 21.90% |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 25.14% |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 17.49% |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | -22.67% |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | 26.08% |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 11.55% |
| 10 | Citigroup | 242.69 Bn | -1,942.31 Bn | 19.85 Bn | 33.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | 25.13% |
| Jun 30, 2018 | 25.13% |
| Mar 31, 2018 | 27.18% |
| Mar 31, 2018 | 27.18% |
| Dec 31, 2017 | 2.08% |
| Dec 31, 2017 | 2.08% |
| Jun 30, 2017 | 38.05% |
| Jun 30, 2017 | 38.05% |
| Mar 31, 2017 | 37.80% |
| Mar 31, 2017 | 37.80% |
| Dec 31, 2016 | 36.28% |
| Dec 31, 2016 | 36.28% |
| Oct 31, 2016 | 19.42% |
| Oct 31, 2016 | 19.42% |
| Jun 30, 2016 | 28.14% |
| Jun 30, 2016 | 28.14% |
| Mar 31, 2016 | 37.89% |
| Mar 31, 2016 | 37.89% |
| Dec 31, 2015 | 35.97% |
| Dec 31, 2015 | 35.97% |