Toronto Dominion Bank Gross Margin 2010-2024 | TD
- Toronto Dominion Bank average gross margin for 2023 was 58.67%, a 31.36% decline from 2022.
- Toronto Dominion Bank average gross margin for 2022 was 85.48%, a 2.5% decline from 2021.
- Toronto Dominion Bank average gross margin for 2021 was 87.67%, a 16.74% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.