This report is for educational purposes only, and not to provide investment advice.  Before making any investment decision, you should always do your own research or consult a investment professional. Estimates Estimates Estimates
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Q1 2024 <-Estimates
See my website on stocks or see my blog at the following sites.  https://spbrunner.com/stocks.html https://spbrunner.blogspot.com/
Toronto Dominion Bank TSX: TD NYSE: TD https://www.td.com/ Fiscal Yr: Oct 31
Year 10/31/11 10/31/12 10/31/13 10/31/14 10/31/15 10/31/16 10/31/17 10/31/18 10/31/19 10/31/20 10/31/21 10/31/22 10/31/23 10/31/24 10/31/25 10/31/26 Value Description #Y Item Total G
Accounting Rules C GAAP IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS
Split Date 31-Jan-14
Split 2
$51,227 <-12 mths -1.18%
Adjusted Revenue $25,677 $27,191 $29,681 $31,437 $34,308 $35,946 $38,981 $41,065 $42,225 $42,693 $46,170 $51,839 $51,131 $53,182 $55,892 90.65% <-Total Growth 10 Adjusted Revenue
change 5.90% 9.16% 5.92% 9.13% 4.77% 8.44% 5.35% 2.82% 1.11% 8.14% 12.28% -1.37% 4.01% 5.10% 7.03% <-Median-> 10 change
$49,880 <-12 mths -1.21%
Int. Inc, other Inc $27,222 $30,328 $33,800 $36,305 $37,021 $40,952 $45,134 $53,017 $59,133 $53,682 $48,143 $62,711 $29,944 -11.41% <-Total Growth 10 Int. Inc, other Inc
Revenue* $21,594 $23,122 $27,262 $29,961 $31,426 $34,315 $36,149 $38,834 $41,065 $43,646 $42,562 $49,032 $50,492 $51,131 $53,182 $55,892 85.21% <-Total Growth 10 Revenue -11.41%
Increase 10.37% 7.08% 17.91% 9.90% 4.89% 9.19% 5.34% 7.43% 5.74% 6.29% -2.48% 15.20% 2.98% 1.27% 4.01% 5.10% 6.36% <-IRR #YR-> 10 Revenue -43.52%
5 year Running Average $17,594 $19,362 $21,881 $24,301 $26,673 $29,217 $31,823 $34,137 $36,358 $38,802 $40,451 $43,028 $45,359 $47,373 $49,280 $51,946 5.39% <-IRR #YR-> 5 Revenue -83.37%
Revenue per Share $11.96 $12.59 $14.83 $16.23 $16.93 $18.47 $19.62 $21.22 $22.66 $24.03 $23.34 $26.92 $28.19 $28.54 $29.69 $31.20 7.56% <-IRR #YR-> 10 5 yr Running Average -59.91%
Increase 7.59% 5.23% 17.75% 9.46% 4.32% 9.11% 6.21% 8.14% 6.79% 6.07% -2.90% 15.34% 4.72% 1.27% 4.01% 5.10% 5.85% <-IRR #YR-> 5 5 yr Running Average 107.30%
5 year Running Average $10.50 $11.03 $12.18 $13.35 $14.51 $15.81 $17.22 $18.49 $19.78 $21.20 $22.17 $23.63 $25.03 $26.20 $27.33 $28.91 6.64% <-IRR #YR-> 10 Revenue per Share 32.87%
P/S (Price/Sales) Med 3.28 3.04 2.94 3.24 3.15 2.97 3.39 3.52 3.16 2.61 3.19 3.45 3.01 2.86 0.00 0.00 5.85% <-IRR #YR-> 5 Revenue per Share -73.41%
P/S (Price/Sales) Close 3.14 3.23 3.23 3.42 3.17 3.29 3.74 3.44 3.32 2.45 3.85 3.24 2.75 2.83 2.72 2.59 7.47% <-IRR #YR-> 10 5 yr Running Average -42.01%
*Revenue in M CDN $ (using total revenue) P/S Med 20 yr  3.16 15 yr  3.15 10 yr  3.18 5 yr  3.16 -10.86% Diff M/C 6.24% <-IRR #YR-> 5 5 yr Running Average
-$27,262 $0 $0 $0 $0 $0 $0 $0 $0 $0 $50,492
-$38,834 $0 $0 $0 $0 $50,492
-$21,881 $0 $0 $0 $0 $0 $0 $0 $0 $0 $45,359
-$34,137 $0 $0 $0 $0 $45,359
-$14.83 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $28.19
-$21.22 $0.00 $0.00 $0.00 $0.00 $28.19
-$12.18 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $25.03
-$18.49 $0.00 $0.00 $0.00 $0.00 $25.03
$7.70 <-12 mths -3.63%
Pre-split 1989
Pre-split 1999
Pre-split 2014 $6.45 $6.81 $6.93
Adjusted Profit CDN$ $6,071 $6,764 $6,846 $7,877 $8,754 $9,292 $10,587 $12,183 $12,503 $9,968 $14,649 $15,166 $14,580 112.97% <-Total Growth 10 Adjusted Profit CDN$ Avail. To Sh
Return on Equity ROE 13.97% 15.33% 14.54% 15.01% 13.96% 13.63% 15.17% 16.45% 15.27% 11.02% 15.56% 14.34% 13.69% 14.67% <-Median-> 10 Return on Equity ROE
5Yr Median 12.94% 12.94% 13.97% 14.54% 14.54% 14.54% 14.54% 15.01% 15.17% 15.17% 15.27% 15.27% 14.34% 14.78% <-Median-> 10 5Yr Median
Pre-Split 2014 $6.85
Basic $3.43 $3.73 $3.72 $4.28 $4.62 $4.88 $5.55 $6.48 $6.71 $5.37 $7.92 $8.38 $8.00 115.05% <-Total Growth 10 AEPS
Pre-split 2014 $6.82
AEPS* Dilued $3.41 $3.71 $3.71 $4.27 $4.61 $4.87 $5.54 $6.47 $6.69 $5.36 $7.91 $8.36 $7.99 $7.85 $8.47 115.36% <-Total Growth 10 AEPS
Increase 18.20% 8.80% 0.00% 15.09% 7.96% 5.64% 13.76% 16.79% 3.40% -19.88% 47.57% 5.69% -4.43% -1.75% 7.90% 10 0 10 Years of Data, EPS P or N 100.00%
5 year Running Average $2.86 $3.02 $3.28 $3.60 $3.94 $4.23 $4.60 $5.15 $5.64 $5.79 $6.39 $6.96 $7.26 $7.49 $8.12 7.97% <-IRR #YR-> 10 AEPS 115.36%
AEPS Yield 9.07% 9.13% 7.76% 7.70% 8.59% 8.00% 7.55% 8.86% 8.90% 9.12% 8.80% 9.59% 10.32% 9.72% 10.48% 4.31% <-IRR #YR-> 5 AEPS 23.49%
Payout Ratio 38.27% 38.95% 43.67% 43.09% 43.38% 44.35% 42.42% 40.34% 43.20% 58.02% 39.95% 42.58% 48.06% 51.97% 48.17% 8.28% <-IRR #YR-> 10 5 yr Running Average 121.54%
5 year Running Average 42.24% 42.69% 41.76% 41.25% 41.47% 42.69% 43.38% 42.72% 42.74% 45.67% 44.79% 44.82% 46.36% 48.12% 46.15% 7.11% <-IRR #YR-> 5 5 yr Running Average 40.95%
Price/AEPS Median 11.50 10.33 11.76 12.31 11.57 11.28 12.01 11.53 10.71 11.68 9.41 11.12 10.62 10.41 0.00 11.40 <-Median-> 10 Price/AEPS Median
Price/AEPS High 12.67 11.47 12.89 13.56 12.50 12.50 13.24 12.32 11.62 14.18 11.35 12.90 11.71 10.96 0.00 12.50 <-Median-> 10 Price/AEPS High
Price/AEPS Low 10.34 9.19 10.63 11.05 10.63 10.07 10.78 10.74 9.81 9.19 7.46 9.35 9.53 9.87 0.00 9.94 <-Median-> 10 Price/AEPS Low
Price/AEPS Close 11.03 10.95 12.89 12.99 11.64 12.50 13.24 11.29 11.24 10.97 11.36 10.43 9.69 10.29 9.54 11.32 <-Median-> 10 Price/AEPS Close
Trailing P/AEPS Close 13.04 11.91 12.89 14.95 12.57 13.20 15.07 13.18 11.62 8.79 16.76 11.02 9.27 10.11 10.29 12.88 <-Median-> 10 Trailing P/AEPS Close
Median Values DPR 10 Yrs 43.15% 5 Yrs   43.20% P/CF 5 Yrs   in order 10.71 11.71 9.35 10.97 Diff M/C DPR 75% to 95% best
* Adjusted Earnings per Share
-$3.71 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7.99
-$6.47 $0.00 $0.00 $0.00 $0.00 $7.99
-$3.28 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7.26
-$5.15 $0.00 $0.00 $0.00 $0.00 $7.26
$6.54 <-12 mths 16.79%
EPS Basic $3.23 $3.41 $3.47 $4.15 $4.22 $4.38 $5.51 $6.02 $6.26 $6.43 $7.73 $9.48 $5.61 61.90% <-Total Growth 10 EPS Basic
Pre-split 1989
Pre-split 1999
Pre-split 2014 $6.41 $6.76 $6.91
EPS Diluted* $3.21 $3.38 $3.46 $4.14 $4.21 $4.67 $5.50 $6.01 $6.25 $6.43 $7.72 $9.47 $5.60 $7.49 $8.35 $8.48 62.08% <-Total Growth 10 EPS Diluted
Increase 25.69% 5.46% 2.22% 19.83% 1.69% 10.93% 17.77% 9.27% 3.99% 2.88% 20.06% 22.67% -40.87% 33.75% 11.48% 1.56% 10 0 10 Years of Data, EPS P or N 100.00%
Earnings Yield 8.5% 8.3% 7.2% 7.5% 7.8% 7.7% 7.5% 8.2% 8.3% 10.9% 8.6% 10.9% 7.2% 9.3% 10.3% 10.5% 4.95% <-IRR #YR-> 10 Earnings per Share 62.08%
5 year Running Average $2.43 $2.56 $2.76 $3.35 $3.68 $3.97 $4.40 $4.91 $5.33 $5.77 $6.38 $7.18 $7.09 $7.34 $7.73 $7.88 -1.40% <-IRR #YR-> 5 Earnings per Share -6.82%
10 year Running Average $1.92 $2.28 $2.55 $2.79 $3.05 $3.20 $3.48 $3.83 $4.34 $4.73 $5.18 $5.79 $6.00 $6.34 $6.75 $7.13 9.89% <-IRR #YR-> 10 5 yr Running Average 156.84%
* ESP per share  Cdn GAAP) E/P 10 Yrs 8.04% 5Yrs 8.59% 7.65% <-IRR #YR-> 5 5 yr Running Average 44.60%
-$3.46 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $5.60
-$6.01 $0.00 $0.00 $0.00 $0.00 $5.60
-$2.76 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7.09
-$4.91 $0.00 $0.00 $0.00 $0.00 $7.09
Dividend* $4.07 $4.32 $4.22 Dividend*
Increase 5.99% 6.14% -2.31% Increase
Special Dividends $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends
Pre-split 1989
Pre-split 1999
Pre-split 2014 $2.61 $2.89 $3.24
Dividend* $1.31 $1.45 $1.62 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $3.84 $4.08 $4.08 $4.08 137.04% <-Total Growth 10 Dividends
Increase 6.97% 10.73% 12.11% 13.58% 8.70% 8.00% 8.80% 11.06% 10.73% 7.61% 1.61% 12.66% 7.87% 6.25% 0.00% 0.00% 43 0 48 Years of data, Count P, N 89.58%
Average Increases 5 Year Running 8.15% 6.59% 6.64% 8.68% 10.42% 10.62% 10.24% 10.03% 9.46% 9.24% 7.96% 8.73% 8.09% 7.20% 5.68% 5.35% 9.35% <-Median-> 10 Average Incr 5 Year Running
Dividends 5 Yr Running $1.20 $1.27 $1.36 $1.49 $1.64 $1.81 $1.99 $2.19 $2.40 $2.62 $2.82 $3.07 $3.31 $3.55 $3.74 $3.93 143.17% <-Total Growth 10 Dividends 5 Yr Running
Yield H/L Price 3.33% 3.77% 3.71% 3.50% 3.75% 3.93% 3.53% 3.50% 4.03% 4.97% 4.25% 3.83% 4.53% 4.99% 3.88% <-Median-> 10 Dividends Item
Yield on High  Price 3.02% 3.40% 3.39% 3.18% 3.47% 3.55% 3.20% 3.28% 3.72% 4.09% 3.52% 3.30% 4.10% 4.74% 3.50% <-Median-> 10 Dividends EPS
Yield on Low Price 3.70% 4.24% 4.11% 3.90% 4.08% 4.41% 3.94% 3.76% 4.40% 6.31% 5.35% 4.55% 5.04% 5.27% 4.41% <-Median-> 10 Dividends AEPS
Yield on Close Price 3.47% 3.56% 3.39% 3.32% 3.73% 3.55% 3.20% 3.57% 3.84% 5.29% 3.52% 4.08% 4.96% 5.05% 5.05% 5.05% 3.65% <-Median-> 10 Dividends CFPS
Payout Ratio EPS 40.72% 42.75% 46.89% 44.44% 47.51% 46.25% 42.73% 43.43% 46.24% 48.37% 40.93% 37.59% 68.57% 54.5% 48.9% 48.1% 45.34% <-Median-> 10 DPR EPS FCF 
DPR EPS 5 Yr Running 49.22% 49.80% 49.31% 44.41% 44.64% 45.66% 45.37% 44.68% 45.08% 45.46% 44.25% 42.73% 46.69% 48.35% 48.46% 49.86% 44.88% <-Median-> 10 DPR EPS 5 Yr Running
Payout Ratio CFPS -310.31% 18.89% 9.40% 13.08% 10.52% 9.09% 12.42% 83.92% 1932.89% 2.44% 11.50% 16.65% 10.53% 11.19% #VALUE! #DIV/0! 11.96% <-Median-> 10 DPR CF
DPR CF 5 Yr Running 19.33% 17.82% 16.75% 18.40% 14.27% 11.09% 10.72% 13.90% 18.49% 7.56% 7.96% 8.53% 7.77% 8.33% #VALUE! #DIV/0! 10.91% <-Median-> 10 DPR CF 5 Yr Running
Payout Ratio CFPS WC 36.02% 33.36% 36.28% 33.15% 36.87% 33.20% 19.19% 30.72% 35.88% 49.12% 36.39% 34.67% 4.87% 5.18% #VALUE! #DIV/0! 33.93% <-Median-> 10 DPR CF WC
DPR CF WC 5 Yr Running 39.57% 39.72% 37.81% 35.22% 35.10% 34.50% 29.16% 28.68% 29.49% 31.51% 32.23% 36.65% 14.77% 15.83% #VALUE! #DIV/0! 31.87% <-Median-> 10 DPR CF WC 5 Yr Running
Median Values 10 Yr Med 10 Yr Cl 3.88% 3.65% 5 Yr Med 5 Yr Cl 4.25% 4.08% 5 Yr Med Payout 46.24% 11.50% 35.88% 8.03% <-IRR #YR-> 5 Dividends 47.13%
* Dividends per share  10 Yr Med and Cur. 30.14% 38.35% 5 Yr Med and Cur. 18.88% 23.67% Last Div Inc ---> $0.96 $1.02 6.25% 9.01% <-IRR #YR-> 10 Dividends 137.04%
Dividends Growth 15 8.18% <-IRR #YR-> 15 Dividends 225.42%
Dividends Growth 20 9.91% <-IRR #YR-> 20 Dividends 562.07%
Dividends Growth 25 10.31% <-IRR #YR-> 25 Dividends 604.59%
Dividends Growth 30 10.54% <-IRR #YR-> 30 Dividends 1921.05%
Dividends Growth 35 10.22% <-IRR #YR-> 35 Dividends 1921.05%
Dividends Growth 40 9.94% <-IRR #YR-> 40 Dividends 4323.96%
Dividends Growth 45 10.96% <-IRR #YR-> 45 Dividends
Dividends Growth 50 10.70% <-IRR #YR-> 48 Dividends
Dividends Growth 5 -$2.61 $0.00 $0.00 $0.00 $0.00 $3.84 Dividends Growth 5
Dividends Growth 10 -$1.62 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.84 Dividends Growth 10
Dividends Growth 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.84 Dividends Growth 15
Dividends Growth 20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.84 Dividends Growth 20
Dividends Growth 25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.84 Dividends Growth 25
Dividends Growth 30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.84 Dividends Growth 30
Dividends Growth 35 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.84 Dividends Growth 35
Dividends Growth 40 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.84 Dividends Growth 40
Dividends Growth 45 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.84 Dividends Growth 45
Dividends Growth 50 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.84 Dividends Growth 50
Historical Dividends Historical High Div 5.99% Low Div 2.45% 10 Yr High 6.22% 10 Yr Low 3.19% Med Div 3.53% Close Div 3.39% Historical Dividends
High/Ave/Median Values Curr diff Exp. -15.70%     106.10% Exp. -18.82% 58.29% Cheap 43.05% Cheap 49.05% High/Ave/Median 
Historical Dividends 1988 Historical High Div 5.18% Low Div 2.30% 10 Yr High 6.22% 10 Yr Low 3.19% Med Div 3.51% Close Div 3.49% Historical Dividends
Future Dividend Yield Div Yd 7.43% earning in 5 Years at IRR of 8.03% Div Inc. 47.13% Future Dividend Yield
Future Dividend Yield Div Yd 10.93% earning in 10 Years at IRR of 8.03% Div Inc. 116.46% Future Dividend Yield
Future Dividend Yield Div Yd 16.08% earning in 15 Years at IRR of 8.03% Div Inc. 218.47% Future Dividend Yield
Future Dividend Paid Div Paid $6.00 earning in 5 Years at IRR of 8.03% Div Inc. 47.13% Future Dividend Paid
Future Dividend Paid Div Paid $8.83 earning in 10 Years at IRR of 8.03% Div Inc. 116.46% Future Dividend Paid
Future Dividend Paid Div Paid $12.99 earning in 15 Years at IRR of 8.03% Div Inc. 218.47% Future Dividend Paid
Dividend Covering Cost Total Div $23.95 over 5 Years at IRR of 8.03% Div Cov. 29.64% Dividend Covering Cost
Dividend Covering Cost Total Div $53.18 over 10 Years at IRR of 8.03% Div Cov. 65.82% Dividend Covering Cost
Dividend Covering Cost Total Div $96.19 over 15 Years at IRR of 8.03% Div Cov. 119.05% Dividend Covering Cost
I am earning GC Div Gr 871.43% 2/21/00 # yrs -> 23 2000 $17.96 Cap Gain 349.89% I am earning GC
I am earning Div org yield 2.34% 10/31/24 Pension Div G Yrly 9.64% Div start $0.42 -2.34% 22.72% I am earning Div
I am earning GC Div Gr 234.43% 5/1/09 # yrs -> 14 2009 $23.85 Cap Gain 238.78% I am earning GC
I am earning Div org yield 5.12% 10/31/24 RRSP Div G Yrly 8.09% Div start $1.22 -5.12% 17.11% I am earning Div
Yield if held 5 years 4.24% 4.11% 5.10% 7.20% 5.77% 5.51% 6.13% 5.98% 5.50% 5.83% 5.75% 5.35% 5.15% 5.69% 6.51% 5.48% 5.76% <-Median-> 10 Paid Median Price
Yield if held 10 years 6.52% 8.23% 8.97% 8.16% 7.57% 7.02% 6.69% 8.21% 11.30% 8.97% 8.06% 9.29% 8.80% 7.76% 7.65% 7.43% 8.19% <-Median-> 10 Paid Median Price
Yield if held 15 years 20.08% 15.62% 11.73% 11.97% 10.74% 10.79% 13.39% 14.46% 12.82% 11.77% 10.27% 10.14% 12.08% 15.95% 11.76% 10.40% 11.87% <-Median-> 10 Paid Median Price
Yield if held 20 years 21.36% 31.88% 30.49% 34.62% 37.74% 33.23% 25.41% 18.90% 18.80% 16.70% 15.78% 20.29% 21.27% 18.09% 15.44% 13.26% 20.78% <-Median-> 10 Paid Median Price
Yield if held 25 years 43.49% 41.19% 41.81% 35.97% 35.12% 35.35% 51.85% 49.12% 54.37% 58.69% 48.62% 38.49% 27.80% 26.54% 21.91% 20.38% 43.55% <-Median-> 10 Paid Median Price
Yield if held 30 years 101.46% 111.42% 81.95% 94.97% 76.19% 71.99% 66.99% 67.35% 56.50% 54.61% 51.72% 78.54% 72.27% 76.76% 77.00% 62.77% 69.67% <-Median-> 10 Paid Median Price
Yield if held 35 years 167.93% 181.20% 132.03% 149.16% 118.48% 105.31% 101.48% 99.10% 79.77% 71.64% 66.78% 125.25% <-Median-> 8 Paid Median Price
Yield if held 40 years 245.68% 274.51% 194.25% 210.58% 155.43% 135.97% 245.68% <-Median-> 3 Paid Median Price
317.20%
Cost covered if held 5 years 19.43% 18.14% 21.43% 29.05% 23.67% 23.11% 26.02% 25.12% 22.85% 24.61% 25.70% 23.04% 22.20% 24.76% 29.89% 26.40% 24.14% <-Median-> 10 Paid Median Price
Cost covered if held 10 years 47.35% 59.07% 63.18% 55.72% 52.13% 48.88% 46.52% 55.91% 76.02% 61.51% 59.11% 66.03% 63.07% 56.63% 59.71% 61.45% 57.51% <-Median-> 10 Paid Median Price
Cost covered if held 15 years 176.23% 136.43% 100.71% 100.10% 90.90% 92.62% 115.89% 123.89% 108.98% 101.78% 94.75% 90.16% 108.01% 145.43% 115.48% 109.18% 100.94% <-Median-> 10 Paid Median Price
Cost covered if held 20 years 204.50% 303.36% 285.67% 316.65% 351.21% 315.69% 244.22% 180.05% 178.21% 161.34% 163.14% 203.25% 215.62% 187.69% 172.62% 158.56% 209.43% <-Median-> 10 Paid Median Price
Cost covered if held 25 years 442.82% 416.89% 415.94% 347.61% 343.99% 352.86% 523.33% 491.93% 542.62% 598.82% 532.92% 409.95% 299.95% 293.66% 261.85% 261.23% 450.94% <-Median-> 10 Paid Median Price
Cost covered if held 30 years 1069.37% 1165.74% 842.31% 949.48% 773.24% 744.93% 701.09% 698.77% 582.40% 574.36% 583.96% 861.56% 803.58% 876.58% 952.11% 835.08% 723.01% <-Median-> 10 Paid Median Price
Cost covered if held 35 years 1774.13% 1934.52% 1396.72% 1569.35% 1273.05% 1215.50% 1138.07% 1126.13% 929.42% 903.07% 905.40% 1334.88% <-Median-> 8 Paid Median Price
Cost covered if held 40 years 2877.19% 3122.87% 2238.80% 2490.40% 1989.95% 1873.53% 2877.19% <-Median-> 3 Paid Median Price
4370.65%
Yr  Item Tot. Growth
Revenue Growth  $38,834 $41,065 $43,646 $42,562 $49,032 $50,492 $51,227 <-12 mths 1.46% 30.02% <-Total Growth 5 Revenue Growth  30.02%
AEPS Growth $6.47 $6.69 $5.36 $7.91 $8.36 $7.99 $7.70 <-12 mths -3.63% 23.49% <-Total Growth 5 AEPS Growth 23.49%
Net Income Growth $11,048 $11,416 $11,628 $14,049 $17,170 $10,219 $11,527 <-12 mths 12.80% -8.11% <-Total Growth 5 Net Income Growth -8.11%
Cash Flow Growth $5,693 $271 $231,786 $50,129 $38,949 $65,302 1047.06% <-Total Growth 5 Cash Flow Growth 1047.06%
Dividend Growth $2.61 $2.89 $3.11 $3.16 $3.56 $3.84 $4.08 <-12 mths 6.25% 47.13% <-Total Growth 5 Dividend Growth 47.13%
Stock Price Growth $73.03 $75.21 $58.78 $89.84 $87.19 $77.46 $80.80 <-12 mths 4.31% 6.07% <-Total Growth 5 Stock Price Growth 6.07%
Revenue Growth  $27,262 $29,961 $31,426 $34,315 $36,149 $38,834 $41,065 $43,646 $42,562 $49,032 $50,492 $51,131 <-this year 1.27% 85.21% <-Total Growth 10 Revenue Growth  85.21%
EPS Growth $3.71 $4.27 $4.61 $4.87 $5.54 $6.47 $6.69 $5.36 $7.91 $8.36 $7.99 $7.85 <-this year -1.75% 115.36% <-Total Growth 10 EPS Growth 115.36%
Net Income Growth $6,372 $7,633 $7,813 $8,680 $10,010 $11,048 $11,416 $11,628 $14,049 $17,170 $10,219 $12,143 <-this year 18.83% 60.37% <-Total Growth 10 Net Income Growth 60.37%
Cash Flow Growth $31,695 $25,967 $35,273 $44,125 $34,870 $5,693 $271 $231,786 $50,129 $38,949 $65,302 106.03% <-Total Growth 10 Cash Flow Growth 106.03%
Dividend Growth $1.62 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $3.84 $4.07 <-this year 5.99% 137.04% <-Total Growth 10 Dividend Growth 137.04%
Stock Price Growth $47.82 $55.47 $53.68 $60.86 $73.37 $73.03 $75.21 $58.78 $89.84 $87.19 $77.46 $80.80 <-this year 4.31% 61.98% <-Total Growth 10 Stock Price Growth 61.98%
Dividends on Shares $1,592.10 $1,762.90 $1,976.40 $2,244.80 $2,440.00 $2,635.20 $2,867.00 $3,184.20 $3,525.80 $3,794.20 $3,855.20 $4,343.20 $4,684.80 $4,977.60 $4,977.60 $4,977.60 $54,390.47 No of Years 47 Total Dividends 12/31/76
Paid  $46,536.90 $51,087.50 $61,067.10 $67,722.20 $66,172.80 $80,788.40 $89,853.00 $82,789.20 $88,852.60 $87,742.40 $118,315.60 $106,957.40 $104,456.40 $98,576.00 $98,576.00 $98,576.00 $104,456.40 No of Years 47 Worth $0.82
Total $158,846.87
Dividends on Shares $246.65 $273.11 $306.18 $347.76 $378.00 $408.24 $444.15 $493.29 $546.21 $587.79 $597.24 $672.84 $725.76 $771.12 $771.12 $771.12 $5,780.57 No of Years 30 Total Dividends 12/31/93
Paid  $7,209.41 $7,914.38 $9,460.40 $10,491.39 $10,251.36 $12,515.58 $13,919.85 $12,825.54 $13,764.87 $13,592.88 $18,329.22 $16,569.63 $16,182.18 $15,271.20 $15,271.20 $15,271.20 $16,182.18 No of Years 30 Worth $5.31
Total $21,962.75
Dividends on Shares $36.80 $40.00 $43.20 $47.00 $52.20 $57.80 $62.20 $63.20 $71.20 $76.80 $81.60 $81.60 $81.60 $550.40 No of Years 10 Total Dividends 12/31/13
Paid  $1,001.10 $1,110.20 $1,084.80 $1,324.40 $1,473.00 $1,357.20 $1,456.60 $1,438.40 $1,939.60 $1,753.40 $1,712.40 $1,616.00 $1,616.00 $1,616.00 $1,712.40 No of Years 10 Worth $50.06
Total $2,262.80
Graham No. AEPS $42.98 $44.79 $46.22 $52.26 $59.20 $63.41 $68.72 $76.74 $82.47 $77.50 $95.83 $104.51 $103.38 $102.47 $106.45 $0.00 123.66% <-Total Growth 10 Graham Price AEPS
Price/GP Ratio Med 0.91 0.86 0.94 1.01 0.90 0.87 0.97 0.97 0.87 0.81 0.78 0.89 0.82 0.80 0.88 <-Median-> 10 Price/GP Ratio
Price/GP Ratio High 1.01 0.95 1.03 1.11 0.97 0.96 1.07 1.04 0.94 0.98 0.94 1.03 0.90 0.84 0.98 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 0.82 0.76 0.85 0.90 0.83 0.77 0.87 0.91 0.80 0.64 0.62 0.75 0.74 0.76 0.78 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Close 0.88 0.91 1.03 1.06 0.91 0.96 1.07 0.95 0.91 0.76 0.94 0.83 0.75 0.79 0.76 #DIV/0! 0.92 <-Median-> 10 Price/GP Ratio
Prem/Disc Close -12.49% -9.32% 3.45% 6.14% -9.33% -4.02% 6.76% -4.84% -8.81% -24.16% -6.25% -16.57% -25.08% -21.15% -24.09% #DIV/0! -7.53% <-Median-> 10 Graham Price
Graham No. EPS $41.67 $42.75 $44.61 $51.46 $56.57 $62.09 $68.47 $73.96 $79.71 $84.88 $94.68 $111.23 $86.55 $100.09 $105.69 $106.51 94.03% <-Total Growth 10 Graham Price EPS
Price/GP Ratio Med 0.94 0.90 0.98 1.02 0.94 0.88 0.97 1.01 0.90 0.74 0.79 0.84 0.98 0.82 0.92 <-Median-> 10 Price/GP Ratio
Price/GP Ratio High 1.04 1.00 1.07 1.13 1.02 0.98 1.07 1.08 0.98 0.90 0.95 0.97 1.08 0.86 1.00 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 0.85 0.80 0.88 0.92 0.87 0.79 0.87 0.94 0.82 0.58 0.62 0.70 0.88 0.77 0.84 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Close 0.90 0.95 1.07 1.08 0.95 0.98 1.07 0.99 0.94 0.69 0.95 0.78 0.89 0.81 0.76 0.76 0.95 <-Median-> 10 Price/GP Ratio
Prem/Disc Close -9.73% -4.99% 7.20% 7.80% -5.12% -1.99% 7.15% -1.26% -5.65% -30.75% -5.11% -21.62% -10.50% -19.28% -23.55% -24.14% -5.11% <-Median-> 10 Graham Price
Month, Year Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25 Dec-26 48.00 <Count Years> Month, Year
Pre-split 1989
Pre-split 1999
Pre-split 2014 $76.29 $83.75 $100.11
Price Close $38.15 $41.88 $50.06 $55.51 $54.24 $66.22 $73.65 $67.86 $72.83 $71.92 $96.98 $87.67 $85.62 $80.80 $80.80 $80.80 71.05% <-Total Growth 10 Stock Price
Increase 2.75% 9.78% 19.53% 10.90% -2.29% 22.09% 11.22% -7.86% 7.32% -1.25% 34.84% -9.60% -2.34% -5.63% 0.00% 0.00% 13.53 <-Median-> 10 CAPE (10 Yr P/E)
P/E 11.90 12.39 14.49 13.41 12.88 14.18 13.39 11.29 11.65 11.19 12.56 9.26 15.29 10.79 9.68 9.53 4.76% <-IRR #YR-> 5 Stock Price 26.17%
Trailing P/E 14.96 13.07 14.81 16.07 13.10 15.73 15.77 12.34 12.12 11.51 15.08 11.36 9.04 14.43 10.79 9.68 5.51% <-IRR #YR-> 10 Stock Price 71.05%
CAPE (10 Yr P/E) 15.24 13.98 13.64 13.54 13.15 13.52 13.56 13.50 12.85 12.54 18.73 15.15 14.27 12.75 11.97 11.33 9.18% <-IRR #YR-> 5 Price & Dividend 54.42%
Median 10, 5 Yrs D.  per yr 4.18% 4.42% % Tot Ret 43.10% 48.15% T P/E 12.72 11.51 P/E:  12.72 11.65 9.69% <-IRR #YR-> 10 Price & Dividend 129.27%
Price  15 D.  per yr 5.20% % Tot Ret 35.18% CAPE Diff -20.25% 9.57% <-IRR #YR-> 15 Stock Price 294.11%
Price  20 D.  per yr 4.12% % Tot Ret 36.26% 7.24% <-IRR #YR-> 20 Stock Price 304.92%
Price  25 D.  per yr 4.00% % Tot Ret 34.22% 7.68% <-IRR #YR-> 25 Stock Price 536.58%
Price  30 D.  per yr 4.86% % Tot Ret 33.36% 9.71% <-IRR #YR-> 30 Stock Price 1512.43%
Price  35 D.  per yr 4.09% % Tot Ret 31.71% 8.82% <-IRR #YR-> 35 Stock Price 1824.04%
Price  40 D.  per yr 4.75% % Tot Ret 32.70% 9.77% <-IRR #YR-> 40 Stock Price 4056.31%
Price  45 D.  per yr 5.77% % Tot Ret 35.30% 10.57% <-IRR #YR-> 45 Stock Price 9106.45%
Price  50 D.  per yr 5.02% % Tot Ret 32.92% 10.23% <-IRR #YR-> 48 Stock Price
Price & Dividend 15 14.77% <-IRR #YR-> 15 Price & Dividend 457.56%
Price & Dividend 20 11.36% <-IRR #YR-> 20 Price & Dividend 491.75%
Price & Dividend 25 11.68% <-IRR #YR-> 25 Price & Dividend 847.06%
Price & Dividend 30 14.57% <-IRR #YR-> 30 Price & Dividend 2320.15%
Price & Dividend 35 12.91% <-IRR #YR-> 35 Price & Dividend 3695.39%
Price & Dividend 40 14.51% <-IRR #YR-> 40 Price & Dividend 8457.44%
Price & Dividend 45 16.34% <-IRR #YR-> 45 Price & Dividend 13896.85%
Price & Dividend 50 15.24% <-IRR #YR-> 48 Price & Dividend
Price  5 -$67.86 $0.00 $0.00 $0.00 $0.00 $85.62 Price  5
Price 10 -$50.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.62 Price 10
Price & Dividend 5 -$67.86 $2.89 $3.11 $3.16 $3.56 $89.46 Price & Dividend 5
Price & Dividend 10 -$50.06 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $89.46 Price & Dividend 10
Price  15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.62 Price  15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.62 Price  20
Price  25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.62 Price  25
Price  30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.62 Price  30
Price  35 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.62 Price  35
Price  40 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.62 Price  40
Price  45 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.62 Price  45
Price  50 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.62 Price  50
Price & Dividend 15 $1.31 $1.45 $1.62 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $89.46 Price & Dividend 15
Price & Dividend 20 $1.31 $1.45 $1.62 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $89.46 Price & Dividend 20
Price & Dividend 25 $1.31 $1.45 $1.62 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $89.46 Price & Dividend 25
Price & Dividend 30 $1.31 $1.45 $1.62 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $89.46 Price & Dividend 30
Price & Dividend 35 $1.31 $1.45 $1.62 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $89.46 Price & Dividend 35
Price & Dividend 40 $1.31 $1.45 $1.62 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $89.46 Price & Dividend 40
Price & Dividend 45 $1.31 $1.45 $1.62 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $89.46 Price & Dividend 45
Price & Dividend 50 $1.31 $1.45 $1.62 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $89.46 Price & Dividend 50
Month, Year Oct-11 Oct-12 Oct-13 Oct-14 Oct-15 Oct-16 Oct-17 Oct-18 Oct-19 Oct-20 Oct-21 Oct-22 Oct-23 Oct-24 Oct-25 Oct-26 42.00 <Count Years> Month, Year
Pre-split 1989
Pre-split 1999
Pre-split 2014 $75.23 $81.23 $95.64 $95.64
Price Close $37.62 $40.62 $47.82 $55.47 $53.68 $60.86 $73.37 $73.03 $75.21 $58.78 $89.84 $87.19 $77.46 $80.80 $80.80 $80.80 61.98% <-Total Growth 10 Stock Price
Increase 2.42% 7.98% 17.74% 16.00% -3.23% 13.38% 20.56% -0.46% 2.99% -21.85% 52.84% -2.95% -11.16% 4.31% 0.00% 0.00% 4.94% <-IRR #YR-> 10 Stock Price 61.98%
P/E 11.74 12.02 13.84 13.40 12.75 13.03 13.34 12.15 12.03 9.14 11.64 9.21 13.83 10.79 9.68 9.53 1.18% <-IRR #YR-> 5 Stock Price 6.07%
Trailing P/E 14.75 12.67 14.15 16.05 12.97 14.46 15.71 13.28 12.51 9.40 13.97 11.29 8.18 14.43 10.79 9.68 9.42% <-IRR #YR-> 10 Price & Dividend 122.92%
Median 10, 5 Yrs D.  per yr 4.48% 4.40% % Tot Ret 47.53% 78.79% T P/E 13.12 11.29 P/E:  12.45 11.64 5.59% <-IRR #YR-> 5 Price & Dividend 32.32%
-$47.82 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $77.46
-$73.03 $0.00 $0.00 $0.00 $0.00 $77.46
-$47.82 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $81.30
-$73.03 $2.89 $3.11 $3.16 $3.56 $81.30
Price Median H/L $39.22 $38.32 $43.64 $52.55 $53.32 $54.94 $66.53 $74.59 $71.68 $62.63 $74.40 $92.99 $84.86 $81.75 94.48% <-Total Growth 10 Stock Price
Increase 13.10% -2.31% 13.88% 20.43% 1.47% 3.04% 21.09% 12.12% -3.91% -12.62% 18.78% 24.99% -8.74% -3.66% 6.88% <-IRR #YR-> 10 Stock Price 94.48%
P/E 12.24 11.34 12.63 12.69 12.67 11.76 12.10 12.41 11.47 9.74 9.64 9.82 15.15 10.91 2.61% <-IRR #YR-> 5 Stock Price 13.77%
Trailing P/E 15.38 11.96 12.91 15.21 12.88 13.05 14.25 13.56 11.93 10.02 11.57 12.05 8.96 14.60 11.41% <-IRR #YR-> 10 Price & Dividend 161.26%
P/E on Run. 5 yr Ave 16.14 14.98 15.80 15.71 14.50 13.84 15.14 15.20 13.45 10.85 11.66 12.96 11.96 11.13 6.80% <-IRR #YR-> 5 Price & Dividend 39.47%
P/E on Run. 10 yr Ave 20.38 16.84 17.15 18.84 17.48 17.17 19.14 19.45 16.53 13.26 14.37 16.07 14.14 12.90 11.76 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 4.53% 4.19% % Tot Ret 39.71% 61.58% T P/E 12.46 11.57 P/E:  11.93 9.82 Count 42 Years of data
-$43.64 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $84.86
-$74.59 $0.00 $0.00 $0.00 $0.00 $84.86
-$43.64 $1.84 $2.00 $2.16 $2.35 $2.61 $2.89 $3.11 $3.16 $3.56 $88.70
-$74.59 $2.89 $3.11 $3.16 $3.56 $88.70
High Months Mar 11 Mar 12 Oct 13 Aug 14 Nov 14 Oct 16 Oct 17 Sep 17 Jun 19 Feb 20 Oct 21 Feb 22 Feb 23 Jan 24
Pre-split 1989
Pre-split 1999
Pre-split 2014 $86.40 $85.09 $95.64 $95.64
Price High $43.20 $42.55 $47.82 $57.90 $57.62 $60.86 $73.34 $79.68 $77.74 $75.98 $89.77 $107.81 $93.56 $86.01 95.65% <-Total Growth 10 Stock Price
Increase 12.25% -1.52% 12.40% 21.08% -0.48% 5.62% 20.51% 8.64% -2.43% -2.26% 18.15% 20.10% -13.22% -8.07% 6.94% <-IRR #YR-> 11 Stock Price 95.65%
P/E 13.48 12.59 13.84 13.99 13.69 13.03 13.33 13.26 12.44 11.82 11.63 11.38 16.71 11.48 3.26% <-IRR #YR-> 5 Stock Price 17.42%
Trailing P/E 16.94 13.27 14.15 16.76 13.92 14.46 15.70 14.49 12.94 12.16 13.96 13.97 9.88 15.36 13.03 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 13.96 12.94 P/E:  13.15 11.82 17.36 P/E Ratio Historical High
-$47.82 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $93.56
-$79.68 $0.00 $0.00 $0.00 $0.00 $93.56
Low Months Sep 11 Nov 11 Nov 12 Dec 13 Aug 15 Feb 16 Nov 16 Apr 17 Dec 18 Mar 20 Nov 20 Jul 22 Oct 23 Nov 23
Pre-split 1989
Pre-split 1999
Pre-split 2014 $70.49 $68.18 $78.90 $78.90 $78.90 $78.90
Price Low $35.25 $34.09 $39.45 $47.20 $49.02 $49.02 $59.71 $69.50 $65.61 $49.28 $59.02 $78.17 $76.16 $77.49 93.05% <-Total Growth 10 Stock Price
Increase 14.15% -3.28% 15.72% 19.65% 3.86% 0.00% 21.81% 16.40% -5.60% -24.89% 19.76% 32.45% -2.57% 1.75% 6.80% <-IRR #YR-> 10 Stock Price 93.05%
P/E 11.00 10.09 11.42 11.40 11.64 10.50 10.86 11.56 10.50 7.66 7.65 8.25 13.60 10.35 1.85% <-IRR #YR-> 5 Stock Price 9.58%
Trailing P/E 13.82 10.64 11.67 13.66 11.84 11.64 12.79 12.64 10.92 7.88 9.18 10.13 8.04 13.84 10.50 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 11.28 9.18 P/E:  10.68 8.25 6.53 P/E Ratio Historical Low
-$39.45 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $76.16
-$69.50 $0.00 $0.00 $0.00 $0.00 $76.16
Free Cash Flow MS $16,332 $12,252 $26,533 $25,085 $34,335 $36,604 $25,693 $5,106 -$523 $230,079 $49,000 $37,500 -$67,150 $0 -353.08% <-Total Growth 10 Free Cash Flow
Change -24.98% 116.56% -5.46% 36.87% 6.61% -29.81% -80.13% -110.24% 44092.16% -78.70% -23.47% -279.07% 100.00% #NUM! <-IRR #YR-> 5 Free Cash Flow MS -1415.12%
FCF/CF from Op Ratio 9.22 6.76 14.44 13.64 18.57 19.75 13.88 2.78 -0.29 127.31 27.00 20.71 -36.84 0.00 #NUM! <-IRR #YR-> 10 Free Cash Flow MS -353.08%
Dividends paid $1,835 $1,870 $2,647 $3,188 $3,444 $3,808 $4,211 $4,634 $5,157 $5,043 $5,555 $6,665 $5,825 $7,309 120.06% <-Total Growth 10 Dividends paid
Percentage paid 10.40% 16.39% 90.76% -986.04% 2.19% 11.34% 17.77% -8.67% #DIV/0! $0.11 <-Median-> 8 Percentage paid
5 Year Coverage 7.70% 7.95% 8.42% 11.35% 12.19% 5 Year Coverage
Dividend Coverage Ratio 9.61 6.10 1.10 -0.10 45.62 8.82 5.63 -11.53 0.00 5.86 <-Median-> 8 Dividend Coverage Ratio
5 Year of Coverage 12.99 12.58 11.87 8.81 8.21 5 Year of Coverage
-$5,106 $0 $0 $0 $0 -$67,150
-$26,533 $0 $0 $0 $0 $0 $0 $0 $0 $0 -$67,150
Free Cash Flow WSJ -$13,785 $9,894 $21,295 $9,564 $117,643 -$28,453 $100,878 $46,291 $36,480 364.64% <-Total Growth 8 Free Cash Flow WSJ
Change 171.77% 115.23% -55.09% 1130.06% -124.19% 454.54% -54.11% -21.19% 30.70% <-IRR #YR-> 5 Free Cash Flow MS 281.43%
FCF/CF from Op Ratio -0.39 0.22 0.61 1.68 434.11 -0.12 2.01 1.19 0.56 #NUM! <-IRR #YR-> 8 Free Cash Flow MS 364.64%
Dividends paid $3,444 $3,808 $4,211 $4,634 $5,157 $5,043 $5,555 $6,665 $5,825 69.13% <-Total Growth 8 Dividends paid
Percentage paid -24.98% 38.49% 19.77% 48.45% 4.38% -17.72% 5.51% 14.40% 15.97% $0.14 <-Median-> 9 Percentage paid
5 Year Coverage 14.70% 17.59% 11.13% 11.00% 10.35% 5 Year Covrage
Dividend Coverage Ratio -4.00 2.60 5.06 2.06 22.81 -5.64 18.16 6.95 6.26 5.06 <-Median-> 9 Dividend Coverage Ratio
5 Year of Coverage 1.68 6.80 5.69 8.98 9.09 9.66 5 Year of Caogerage
-$9,564 $0 $0 $0 $0 $36,480
$13,785 $0 $0 $0 $0 $0 $0 $0 $36,480
Market Cap $67,888 $74,585 $87,931 $102,409 $99,641 $113,054 $135,184 $133,674 $136,318 $106,750 $163,859 $158,834 $138,762 $144,745 $144,745 $144,745 57.81% <-Total Growth 10 Market Cap
Pre-split 2014 902.9 914.9 922.5
Diluted # of Shares in Million 1,805.8 1,829.8 1,845.0 1,845.3 1,854.1 1,856.8 1,854.8 1,839.5 1,827.3 1,808.8 1,820.2 1,813.6 1,824.4 1,824.4 -1.12% <-Total Growth 10 Diluted
Change 3.53% 1.33% 0.83% 0.02% 0.48% 0.15% -0.11% -0.82% -0.66% -1.01% 0.63% -0.36% 0.60% 0.00% -0.05% <-Median-> 10 Change
Difference Diluted/Basic -1.9% -0.9% -0.4% -0.3% -0.3% -0.2% -0.2% -0.2% -0.2% -0.1% -0.3% -0.2% -0.1% -0.1% -0.20% <-Median-> 10 Difference Diluted/Basic
Pre-split 2014 885.7 906.6 918.9
Average # of Shares in Million 1,771.4 1,813.2 1,837.8 1,839.1 1,849.2 1,853.4 1,850.6 1,835.4 1,824.2 1,807.3 1,814.7 1,810.5 1,822.5 1,822.5 -0.83% <-Total Growth 10 Average
Change 2.15% 2.36% 1.36% 0.07% 0.55% 0.23% -0.15% -0.82% -0.61% -0.93% 0.41% -0.23% 0.66% 0.00% -0.04% <-Median-> 10 Change
Difference 1.9% 1.3% 0.1% 0.4% 0.4% 0.2% -0.4% -0.3% -0.6% 0.5% 0.5% 0.6% -1.7% -1.7% 0.30% <-Median-> 10 Difference
Equity
Pre-split 1989
Pre-split 1999
Pre-split 2014 902.4 918.2 919.4
# of Share in Millions 1,804.8 1,836.4 1,838.8 1,846.2 1,856.2 1,857.6 1,842.5 1,830.4 1,812.5 1,816.1 1,823.9 1,821.7 1,791.4 1,791.4 1,791.4 1,791.4 -0.26% <-IRR #YR-> 10 Shares -2.58%
Change 2.58% 1.75% 0.13% 0.40% 0.54% 0.08% -0.81% -0.66% -0.98% 0.20% 0.43% -0.12% -1.66% 0.00% 0.00% 0.00% -0.43% <-IRR #YR-> 5 Shares -2.13%
Cash Flow from Operations $M -$759 $14,046 $31,695 $25,967 $35,273 $44,125 $34,870 $5,693 $271 $231,786 $50,129 $38,949 $65,302 $65,302 <-12 mths 106.03% <-Total Growth 10 Cash Flow
Increase -123.36% 1950.59% 125.65% -18.07% 35.84% 25.10% -20.97% -83.67% -95.24% 85429.89% -78.37% -22.30% 67.66% 67.66% <-12 mths SO, DRIP Buy Backs S. Issues
5 year Running Average $10,234 $12,232 $14,575 $14,840 $21,244 $30,221 $34,386 $29,186 $24,046 $63,349 $64,550 $65,366 $77,287 $77,287 <-12 mths 430.28% <-Total Growth 10 CF 5 Yr Running
CFPS -$0.42 $7.65 $17.24 $14.07 $19.00 $23.75 $18.93 $3.11 $0.15 $127.63 $27.48 $21.38 $36.45 $36.45 <-12 mths 111.48% <-Total Growth 10 Cash Flow per Share
Increase -122.77% 1918.75% 125.36% -18.40% 35.11% 25.00% -20.33% -83.57% -95.19% 85260.35% -78.47% -22.21% 70.50% 70.50% <-12 mths 7.50% <-IRR #YR-> 10 Cash Flow 106.03%
5 year Running Average $6.19 $7.15 $8.13 $8.08 $11.51 $16.34 $18.60 $15.77 $12.99 $34.71 $35.46 $35.95 $42.62 $42.62 <-12 mths 62.90% <-IRR #YR-> 5 Cash Flow 1047.06%
P/CF on Med Price -93.27 5.01 2.53 3.74 2.81 2.31 3.52 23.98 479.38 0.49 2.71 4.35 2.33 2.33 <-12 mths 7.78% <-IRR #YR-> 10 Cash Flow per Share 111.48%
P/CF on Closing Price -89.44 5.31 2.77 3.94 2.82 2.56 3.88 23.48 503.02 0.46 3.27 4.08 2.12 2.12 <-12 mths 63.60% <-IRR #YR-> 5 Cash Flow per Share 1072.03%
-32.77% Diff M/C 18.02% <-IRR #YR-> 10 CFPS 5 yr Running 424.11%
Excl.Working Capital CF $7,297 -$6,092 -$23,485 -$15,721 -$25,205 -$32,039 -$12,306 $9,856 $14,330 -$220,287 -$34,292 -$20,243 $75,875 $75,875 <-12 mths 22.00% <-IRR #YR-> 5 CFPS 5 yr Running 170.23%
CF fr Op $M WC $6,538 $7,954 $8,210 $10,246 $10,068 $12,086 $22,564 $15,549 $14,601 $11,499 $15,837 $18,706 $141,177 $141,177 <-12 mths 1619.57% <-Total Growth 10 Cash Flow less WC
Increase 18.74% 21.66% 3.22% 24.80% -1.74% 20.04% 86.70% -31.09% -6.10% -21.25% 37.73% 18.12% 654.72% 654.72% <-12 mths 32.91% <-IRR #YR-> 10 Cash Flow less WC 1619.57%
5 year Running Average $5,041 $5,653 $6,488 $7,691 $8,603 $9,713 $12,635 $14,103 $14,974 $15,260 $16,010 $15,238 $40,364 $40,364 <-12 mths 55.46% <-IRR #YR-> 5 Cash Flow less WC 807.95%
CFPS Excl. WC $3.62 $4.33 $4.46 $5.55 $5.42 $6.51 $12.25 $8.49 $8.06 $6.33 $8.68 $10.27 $78.81 $78.81 <-12 mths 20.06% <-IRR #YR-> 10 CF less WC 5 Yr Run 522.13%
Increase 15.76% 19.56% 3.08% 24.30% -2.27% 19.95% 88.23% -30.63% -5.17% -21.40% 37.14% 18.26% 667.48% 667.48% <-12 mths 23.41% <-IRR #YR-> 5 CF less WC 5 Yr Run 186.22%
5 year Running Average $3.02 $3.21 $3.60 $4.22 $4.68 $5.26 $6.84 $7.64 $8.15 $8.33 $8.76 $8.37 $22.43 $22.43 <-12 mths 33.25% <-IRR #YR-> 10 CFPS - Less WC 1665.07%
P/CF on Med Price 10.83 8.85 9.77 9.47 9.83 8.44 5.43 8.78 8.90 9.89 8.57 9.06 1.08 1.08 <-12 mths 56.13% <-IRR #YR-> 5 CFPS - Less WC 827.72%
P/CF on Closing Price 10.38 9.38 10.71 9.99 9.90 9.35 5.99 8.60 9.34 9.28 10.35 8.49 0.98 0.98 <-12 mths 20.07% <-IRR #YR-> 10 CFPS 5 yr Running 522.62%
*Operational Cash Flow per share CF/CF-WC P/CF Med 10 yr 3.16 5 yr  2.71 P/CF Med 10 yr 8.84 5 yr  8.90 -88.88% Diff M/C 24.02% <-IRR #YR-> 5 CFPS 5 yr Running 193.42%
-$17.24 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $36.45 Cash Flow per Share
-$3.11 $0.00 $0.00 $0.00 $0.00 $36.45 Cash Flow per Share
-$8.13 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $42.62 CFPS 5 yr Running
-$15.77 $0.00 $0.00 $0.00 $0.00 $42.62 CFPS 5 yr Running
-$8,210 $0 $0 $0 $0 $0 $0 $0 $0 $0 $141,177 Cash Flow less WC
-$15,549 $0 $0 $0 $0 $141,177 Cash Flow less WC
-$6,488 $0 $0 $0 $0 $0 $0 $0 $0 $0 $40,364 CF less WC 5 Yr Run
-$14,103 $0 $0 $0 $0 $40,364 CF less WC 5 Yr Run
-$4.46 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $78.81 CFPS - Less WC
-$8.49 $0.00 $0.00 $0.00 $0.00 $78.81 CFPS - Less WC
-$3.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $22.43 CFPS 5 yr Running
-$7.64 $0.00 $0.00 $0.00 $0.00 $22.43 CFPS 5 yr Running
Changes in operating assets and liabilities
Interest receivable and payable -$188 $236 -$425 -$204 -$294 $7 -$283 -$104 -$108 -$288 -$412 $812
Secuirities Purchased (sold) revers repurchase agreements $39,616 $4,758 -$3,227 -$44,779 -$16,073 $36,832
Securities sold short under repurchase agreements -$48,377 $7,050 $63,020 $1,878 $7,117 -$41,873
Securities sold short $9,818 $8,394 -$2,364 -$662 -$5,688 $2,367 $3,996 $5,343 $7,030 $3,121 -$2,722
Trading loans and securities -$8,737 -$21,178 -$7,397 $767 $6,016 -$4,100 -$4,661 -$24,065 -$2,318 $1,177 $3,864 -$5,332
Loans net of securitization and sales -$26,319 -$33,820 -$33,717 -$63,947 -$44,351 -$22,332 -$45,620 -$39,614 -$3,660 -$109,463 -$67,766
Deposits $47,487 $64,541 $72,059 $108,446 $81,885 $40,150 $53,379 $240,648 -$6,494 $105,759 -$25,487
Derivatives -$8,745 $2,208 -$4,068 -$4,597 -$7,633 $5,403 $1,836 -$3,745 -$2,196 $3,734 -$15,435 -$2,341
Non-trading financial assets $5,257 -$2,045 -$842 -$1,556 $3,897
Financial assets and liabilities designated at fair value through profit or loss -$1,952 -$364 $1,783 $371 $96 $245 -$468 -$46,165 $54,498 $48,323 $28,565
Securitization liabilities $9,532 -$2,265 -$3,962 -$11,394 -$2,429 -$3,321 -$1,575 -$1,532 $2,342 -$719 -$1,083 -$552
Curremt Taxes -$780 $280 $239 -$4,100 $1,228
Broker, dealers and clients amts rec & pay -$1,435 -$1,979 -$4,592 $8,799 -$5,128
Other $366 -$2,069 $128 -$7,996 -$16,267 -$168 $3,436 -$8,956 -$869 $27,348 -$8,628 $1,011
Income taxes paid/payable -$597 -$1,296 -$869
Provision for credit losses $1,465 $1,795 $1,631 $1,557 $1,683 $2,330 $2,216 $2,480 $7,242 -$224 $1,067 $2,933
Net securities losses (gains) -$393 -$373 -$304 -$173 -$79 -$54 -$128 -$111 -$40 -$14 -$60 $48
Equity in net income of an invest Ameritrade -$997
Dilution Gains -$204 $0
                         
Sum -$7,297 $6,092 $23,485 $15,721 $25,205 $32,039 $12,306 -$9,896 $0 $220,314 $34,292 $20,243 -$75,875
Google --> TD $25,205 $32,039 $21,067 -$9,856 -$14,330 $220,287 $34,292 $20,243 -$75,875
Difference $0 $0 -$8,761 -$40 $14,330 $27 $0 $0 $0
Google --> TD $15,676 $25,205 $32,039 $12,324
Difference $45 $0 $0 -$18
OPM 26.44% 26.69% 23.37% 25.48% 24.86% 25.30% 27.69% 28.45% 27.80% 26.64% 33.01% 35.02% 20.24% 23.75% -20.56% <-Total Growth 10 OPM
Increase 16.24% 0.95% -12.42% 9.00% -2.41% 1.74% 9.47% 2.74% -2.28% -4.17% 23.90% 6.09% -42.20% 17.34% should be zero, it is a check on calculations
Diff from Ave. -2.7% -1.8% -14.0% -6.2% -8.5% -6.9% 1.9% 4.7% 2.3% -1.9% 21.5% 28.9% -25.5% -12.6% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (Net Income/Revenue) Ratio for banks OPM 10 Yrs 27.17% 5 Yrs 28.45% Should increase or be stable.
Covering Assets $498,346 $671,691 $685,254 $706,226 $805,530 $872,882 $616,685 $973,068 $1,328,027 $1,604,090 $1,785,668 $1,316,460 $1,330,647 $1,330,647 94.18% <-Total Growth 10 Covering Assets Type
Change 12.30% 34.78% 2.02% 3.06% 14.06% 8.36% -29.35% 57.79% 36.48% 20.79% 11.32% -26.28% 1.08% 0.00% 0.10 <-Median-> 10 Change Lg Term R A
Debt/Covering Assets Ratio 0.97 0.73 0.79 0.85 0.86 0.89 1.35 0.88 0.67 0.71 0.63 0.93 0.90 0.90 0.87 <-Median-> 10 Debt/Covering Assets Ratio Lg Term R
Long Term Debt $481,114 $487,754 $541,605 $600,176 $695,576 $773,660 $832,824 $851,439 $886,977 $1,135,333 $1,125,125 $1,229,970 $1,198,190 $1,198,190 121.23% <-Total Growth 10 Deposits Long Term Debt Intang/GW
Change 11.89% 1.38% 11.04% 10.81% 15.90% 11.23% 7.65% 2.24% 4.17% 28.00% -0.90% 9.32% -2.58% 0.00% 8.48% <-Median-> 10 Change Liquidity
Debt/Market Cap Ratio 7.09 6.54 6.16 5.86 6.98 6.84 6.16 6.37 6.51 10.64 6.87 7.74 8.63 8.28 6.85 <-Median-> 10 Debt/Market Cap Ratio Liq. + CF
Assets/Current Liabilities Ratio 37.64 56.57 47.81 46.13 29.94 31.34 29.07 34.49 40.42 31.28 39.27 38.49 39.28 39.28 36.49 <-Median-> 10 Assets/Current Liab Ratio Debt Ratio
Current Liabilities/Asset Ratio 0.03 0.02 0.02 0.02 0.03 0.03 0.03 0.03 0.02 0.03 0.03 0.03 0.03 0.03 0.03 <-Median-> 10 Current Liab/Asset Ratio Leverage
Debt to Cash Flow (Years) 0.00 34.73 17.09 23.11 19.72 17.53 23.88 149.56 3272.98 4.90 22.44 31.58 18.35 18.35 22.78 <-Median-> 10 Debt to Cash Flow (Years) D/E Ratio
Intangibles $2,493 $2,680 $2,671 $2,639 $2,618 $2,459 $2,503 $2,125 $2,123 $2,303 $2,771 $2,771 3.74% <-Total Growth 10 Intangibles
Goodwill $14,376 $12,311 $13,297 $14,233 $16,337 $16,662 $16,156 $16,536 $16,976 $17,148 $16,232 $17,656 $18,602 $18,602 39.90% <-Total Growth 10 Goodwill
Total $14,376 $12,311 $15,790 $16,913 $19,008 $19,301 $18,774 $18,995 $19,479 $19,273 $18,355 $19,959 $21,373 $21,373 35.36% <-Total Growth 10 Total
Change -0.58% -14.36% 28.26% 7.11% 12.39% 1.54% -2.73% 1.18% 2.55% -1.06% -4.76% 8.74% 7.08% 0.00% 2.04% <-Median-> 10 Change
Intangible/Market Cap Ratio 0.21 0.17 0.18 0.17 0.19 0.17 0.14 0.14 0.14 0.18 0.11 0.13 0.15 0.15 0.15 <-Median-> 10 Intangible/Market Cap Ratio
Current Assets $24,111 $24,528 $32,436 $46,554 $45,637 $57,621 $68,420 $51,051 $47,533 $189,450 $183,072 $171,152 $134,574 $134,574 Liquidity ratio of 1.5 and up, best
Current Liabilities $18,235 $14,338 $18,039 $20,482 $36,887 $37,553 $43,999 $38,699 $35,017 $54,850 $44,021 $49,823 $49,823 $49,823 1.91 <-Median-> 10 Ratio
Liquidity Ratio 1.32 1.71 1.80 2.27 1.24 1.53 1.56 1.32 1.36 3.45 4.16 3.44 2.70 2.70 3.44 <-Median-> 5 Ratio
Liq. with CF aft div 1.17 2.51 3.39 3.37 2.09 2.60 2.25 1.34 1.22 7.58 5.17 4.09 3.87 3.87 4.09 <-Median-> 5 Ratio
Liq. CF re  Inv+Div  0.35 0.93 1.60 1.28 0.92 1.56 0.89 1.34 1.22 1.49 2.55 2.49 3.87 3.87 2.49 <-Median-> 5 Ratio
Banks usually have a ratio of 1.04 or 1.05
Assets $686,360 $811,100 $862,532 $944,742 $1,104,373 $1,176,967 $1,278,995 $1,334,903 $1,415,290 $1,715,865 $1,728,672 $1,917,528 $1,957,024 $1,957,024 Debt Ratio of 1.5 and up, best
Liabilities $638,025 $762,100 $810,559 $888,511 $1,037,345 $1,102,753 $1,203,805 $1,254,863 $1,327,589 $1,620,366 $1,628,854 $1,806,145 $1,844,917 $1,844,917 1.06 <-Median-> 10 Ratio
Debt Ratio 1.08 1.06 1.06 1.06 1.06 1.07 1.06 1.06 1.07 1.06 1.06 1.06 1.06 1.06 1.06 <-Median-> 5 Ratio
Estimates BVPS $60.00 $64.40 $65.50 Estimates Estimates BVPS
Estimate Book Value $107,484 $115,366 $117,337 Estimates Estimate Book Value
P/B Ratio (Close) 1.35 1.25 1.23 Estimates P/B Ratio (Close)
Difference from 10 year median -14.88% Diff M/C Estimates Difference from 10 yr med.
Total Book Value $48,335 $49,000 $51,973 $56,231 $67,028 $74,214 $75,190 $80,040 $87,701 $95,499 $99,818 $111,383 $112,107 $112,107 115.70% <-Total Growth 10 Book Value
NCI $1,483 $1,477 $1,508 $1,549 $1,610 $1,650 $983 $993 $0 $0 $0 $0 $0 $0 NCI
Sharerholders Equity $46,852 $47,523 $50,465 $54,682 $65,418 $72,564 $74,207 $79,047 $87,701 $95,499 $99,818 $111,383 $112,107 $112,107 $112,107 $112,107 122.15% <-Total Growth 10 Book Value
Preferred Shares $3,394 $3,395 $3,397 $2,200 $2,700 $4,400 $4,400 $5,000 $5,800 $5,050 $5,700 $5,600 $5,600 $5,600 $5,600 $5,600 Preferred Shares
Book Value $43,458 $44,128 $47,068 $52,482 $62,718 $68,164 $69,807 $74,047 $81,901 $90,449 $94,118 $105,783 $106,507 $106,507 $106,507 $106,507 126.28% <-Total Growth 10 Book Value
Book Value per Share $24.08 $24.03 $25.60 $28.43 $33.79 $36.69 $37.89 $40.45 $45.19 $49.80 $51.60 $58.07 $59.45 $59.45 $59.45 $59.45 132.27% <-Total Growth 10 Book Value per Share
Change 8.88% -0.21% 6.52% 11.06% 18.86% 8.60% 3.25% 6.78% 11.70% 10.22% 3.61% 12.53% 2.39% -0.01% 0.01% 0.00% -20.82% P/B Ratio Current/Historical Median
P/BV (Median) 1.63 1.59 1.70 1.85 1.58 1.50 1.76 1.84 1.59 1.26 1.44 1.60 1.43 1.38 1.72 P/B Ratio Historical Median
P/BV (Close) 1.56 1.69 1.87 1.95 1.59 1.66 1.94 1.81 1.66 1.18 1.74 1.50 1.30 1.36 1.36 1.36 8.79% <-IRR #YR-> 10 Book Value per Share 132.27%
Change -5.93% 8.20% 10.53% 4.45% -18.58% 4.40% 16.76% -6.78% -7.80% -29.09% 47.51% -13.76% -13.23% 4.32% -0.01% 0.00% 8.01% <-IRR #YR-> 5 Book Value per Share 46.97%
Leverage (A/BK) 14.20 16.55 16.60 16.80 16.48 15.86 17.01 16.68 16.14 17.97 17.32 17.22 17.46 17.46 16.91 <-Median-> 10 A/BV
Debt/Equity Ratio 13.20 15.55 15.60 15.80 15.48 14.86 16.01 15.68 15.14 16.97 16.32 16.22 16.46 16.46 15.91 <-Median-> 10 Debt/Eq Ratio
Sharerholders Equity (Assets less liabilities) P/BV 10 yr Med 1.58 5 yr Med 1.44 -14.09% Diff M/C 17.62 Historical 28 A/BV
-$25.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $59.45
-$40.45 $0.00 $0.00 $0.00 $0.00 $59.45
Comprehensive Income $5,420 $6,790 $6,183 $9,202 $13,697 $9,679 $7,014 $10,666 $14,707 $14,361 $9,496 $13,135 $11,458 85.31% <-Total Growth 10 Comprehensive Income
Preferred Shareholders $196 $185 $143 $99 $115 $193 $214 $252 $267 $267 $259 $563 Preferred Shareholders
NCI $180 $104 $105 $107 $112 $141 $121 $72 $18 $0 $0 $0 $0 -100.00% <-Total Growth 10 NCI
Shareholders $5,240 $6,490 $5,893 $8,952 $13,486 $9,423 $6,700 $10,380 $14,437 $14,094 $9,229 $12,876 $10,895 21.70% <-Total Growth 10 Comprehensive Income
Increase 18.02% 23.85% -9.20% 51.91% 50.65% -30.13% -28.90% 54.93% 39.08% -2.38% -34.52% 39.52% -15.39% -2.4% <-Median-> 5 Comprehensive Income
5 Yr Running Average $4,216 $4,950 $5,358 $6,203 $8,012 $8,849 $8,891 $9,788 $10,885 $11,007 $10,968 $12,203 $12,306 6.34% <-IRR #YR-> 10 Comprehensive Income 84.88%
ROE 12.1% 14.7% 12.5% 17.1% 21.5% 13.8% 9.6% 14.0% 17.6% 15.6% 9.8% 12.2% 10.2% 0.97% <-IRR #YR-> 5 Comprehensive Income 4.96%
5Yr Median 12.9% 12.9% 12.5% 12.5% 14.7% 14.7% 13.8% 14.0% 14.0% 14.0% 14.0% 14.0% 12.2% 8.67% <-IRR #YR-> 10 5 Yr Running Average 129.70%
% Difference from NI -8.2% 5.2% -7.5% 17.3% 72.6% 8.6% -33.1% -6.0% 26.5% 21.2% -34.3% -25.0% 6.6% 4.68% <-IRR #YR-> 5 5 Yr Running Average 25.72%
Median Values Diff 5, 10 yr 7.6% 6.6% 12.2% <-Median-> 5 Return on Equity
-$5,893 $0 $0 $0 $0 $0 $0 $0 $0 $0 $10,895
-$10,380 $0 $0 $0 $0 $10,895
-$5,358 $0 $0 $0 $0 $0 $0 $0 $0 $0 $12,306
-$9,788 $0 $0 $0 $0 $12,306
Current Liability Coverage Ratio 0.36 0.55 0.46 0.50 0.27 0.32 0.51 0.40 0.42 0.21 0.36 0.38 2.83 2.83   CFO / Current Liabilities
5 year Median 0.46 0.46 0.46 0.40 0.40 0.40 0.40 0.38 0.38 0.38 0.38 <-Median-> 5 Current Liability Cov Ratio
Asset Efficiency Ratio 0.95% 0.98% 0.95% 1.08% 0.91% 1.03% 1.76% 1.16% 1.03% 0.67% 0.92% 0.98% 7.21% 7.21% CFO / Total Assets
5 year Median 0.89% 0.89% 0.95% 0.95% 0.95% 0.98% 1.03% 1.08% 1.03% 1.03% 1.03% 0.98% 0.98% 0.98% 1.0% <-Median-> 5 Return on Assets 
Return on Assets ROA 0.8% 0.8% 0.7% 0.8% 0.7% 0.7% 0.8% 0.8% 0.8% 0.7% 0.8% 0.9% 0.5% 0.6% Net  Income/Assets Return on Assets
5Yr Median 0.7% 0.7% 0.7% 0.8% 0.8% 0.7% 0.7% 0.8% 0.8% 0.8% 0.8% 0.8% 0.8% 0.7% 0.8% <-Median-> 5 Asset Efficiency Ratio
Return on Equity ROE 13.1% 14.0% 13.5% 14.5% 12.5% 12.7% 14.3% 14.9% 13.9% 12.9% 14.9% 16.2% 9.6% 11.4% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 12.7% 12.7% 13.1% 13.5% 13.5% 13.5% 13.5% 14.3% 13.9% 13.9% 14.3% 14.9% 13.9% 12.9% 13.9% <-Median-> 5 Return on Equity
$11,527 <-12 mths 12.80%
Net Income $5,993 $6,471 $6,662 $7,883 $8,024 $8,936 $10,324 $11,334 $11,686 $11,895 $14,298 $17,429 $10,782 61.84% <-Total Growth 10 Net Income
Preferred Shareholders $104 $196 $185 $143 $99 $141 $193 $214 $252 $267 $249 $259 $563 204.32% <-Total Growth 10 Preferred Shareholders
NCI $180 $104 $105 $107 $112 $115 $121 $72 $18 $0 $0 $0 $0 -100.00% <-Total Growth 10 NCI
Shareholders $5,709 $6,171 $6,372 $7,633 $7,813 $8,680 $10,010 $11,048 $11,416 $11,628 $14,049 $17,170 $10,219 $12,143 $12,300 $14,057 60.37% <-Total Growth 10 Net Income
Increase 28.29% 8.09% 3.26% 19.79% 2.36% 11.10% 15.32% 10.37% 3.33% 1.86% 20.82% 22.22% -40.48% 18.83% 1.29% 14.28% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $4,173 $4,611 $5,131 $6,067 $6,740 $7,334 $8,102 $9,037 $9,793 $10,556 $11,630 $13,062 $12,896 $13,042 $13,176 $13,178 4.84% <-IRR #YR-> 10 Net Income 60.37%
Operating Cash Flow -$759 $14,046 $31,695 $25,967 $35,273 $44,125 $34,870 $5,693 $271 $231,786 $50,129 $38,949 $65,302 -1.55% <-IRR #YR-> 5 Net Income -7.50%
Investment Cash Flow -$48,479 -$24,490 -$20,098 -$33,475 -$47,077 -$24,972 -$67,311 $1,549 $5,506 -$224,115 -$45,268 -$31,895 $76,226 9.65% <-IRR #YR-> 10 5 Yr Running Ave. 151.34%
Total Accruals $54,947 $16,615 -$5,225 $15,141 $19,617 -$10,473 $42,451 $3,806 $5,639 $3,957 $9,188 $10,116 -$131,309 7.37% <-IRR #YR-> 5 5 Yr Running Ave. 42.71%
Total Assets $686,360 $811,100 $862,532 $944,742 $1,104,373 $1,176,967 $1,278,995 $1,334,903 $1,415,290 $1,715,865 $1,728,672 $1,917,528 $1,957,024 Balance Sheet Assets
Accruals Ratio 8.01% 2.05% -0.61% 1.60% 1.78% -0.89% 3.32% 0.29% 0.40% 0.23% 0.53% 0.53% -6.71% 0.40% <-Median-> 5 Ratio
EPS/CF Ratio 0.88 0.78 0.77 0.75 0.78 0.72 0.45 0.71 0.78 1.02 0.89 0.92 0.07 0.76 <-Median-> 10 EPS/CF Ratio
-$6,372 $0 $0 $0 $0 $0 $0 $0 $0 $0 $10,219
-$11,048 $0 $0 $0 $0 $10,219
-$5,131 $0 $0 $0 $0 $0 $0 $0 $0 $0 $12,896
-$9,037 $0 $0 $0 $0 $12,896
Change in Close 2.4% 8.0% 17.7% 16.0% -3.2% 13.4% 20.6% -0.5% 3.0% -21.8% 52.8% -2.9% -11.2% 4.3% 0.0% 0.0% Count 42 Years of data
up/down down down up Count 9 21.43%
Meet Prediction? % right Count 2 22.22%
Financial Cash Flow $49,798 $10,780 -$11,489 $6,565 $11,916 -$18,451 $32,599 -$6,527 -$5,652 -$6,129 -$5,036 -$4,819 -$12,847 C F Statement  Financial Cash Flow
Total Accruals $5,149 $5,835 $6,264 $8,576 $7,701 $7,978 $9,852 $10,333 $11,291 $10,086 $14,224 $14,935 -$118,462 Accruals
Accruals Ratio 0.8% 0.7% 0.7% 0.9% 0.7% 0.7% 0.8% 0.8% 0.8% 0.6% 0.8% 0.8% -6.1% 0.78% <-Median-> 5 Ratio
Net Cash Flow $560 $336 $108 $943 $112 $702 $158 $764 $128 $1,545 -172.00 $2,238 $128,684 Net Cash Flow
Per share $0.31 $0.18 $0.06 $0.51 $0.06 $0.38 $0.09 $0.42 $0.07 $0.85 -$0.09 $1.23 $71.83 Per share
5 yr Running  $0.17 $0.21 $0.17 $0.04 $0.02 $0.03 $0.01 $0.09 $0.20 $0.36 0.27 $0.49 $14.78 5 yr Running 
Cash $3,096 $6,430 $3,581 $2,781 $3,154 $3,907 $3,971 $4,735 $4,863 $6,445 $5,931 $8,556 $6,721 $6,721 Cash
Cash per Share $1.72 $3.50 $1.95 $1.51 $1.70 $2.10 $2.16 $2.59 $2.68 $3.55 $3.25 $4.70 $3.75 $3.75 $3.55 <-Median-> 5 Cash per Share
Percentage of Stock Price 4.56% 8.62% 4.07% 2.72% 3.17% 3.46% 2.94% 3.54% 3.57% 6.04% 3.62% 5.39% 4.84% 4.64% 4.84% <-Median-> 5 % of Stock Price
Notes:
January 6, 2023.  Last estimates were for 2023, 2024 and 2025 of $51391M, $55294M and $50896M for Revenue, $9.04, $9.61 and $8.49 for AEPS, 
$8.58, $9.33 and $8.49 for EPS, $3.75, $54.23 and $4.06 for Dividends, $59.70 and $63.60 2023/4 for BVPS, $15308M, $16294M and $15405M for Net Income.
January 7, 2023.  Last estimates were for 2022 and 2023 of $41937M and $45108M for Revenue, $7.88 and $8.36 for EPS, 
$3.59 and $3.87 for Dividends, and $14372M and $14643M for Net Income.
January 8, 2022.  Last estimates were for 2021 and 2022 of $39261M, $40898M for Revenue, $5.76 and $6.46 for EPS, 
$3.16, $3.10 and $3.19 for Dividends, and $12399M and $14318M for Net Income.
January 9, 2021.  Last estimates were for 2020, 2021 and 2022 of 40248, $41622 and $43429 for Revenue, $6.70, $7.06 and 7.08 for EPS, 
$3.10, $3.31 and $3.40 for Dovodemds and $12056, $12667 and $12833 for Net Income.
January 10, 2020.  Last estimates were for 2019, 2020 and 2021 of $39478M, $41290M, and $41658M for Revenue, $6.78, $7.25 and $8.28 for EPS and $12207M and $13254M for Net Income fo 2019 and 2020.
January 12, 2019.  Last estimates were for 2018, 2019 and 2020 of $36198M, $37042M and $37042M for Revenue, $5.53, $6.93 and $6.93 for EPS,  $6.54 for CFPS for 2018.
Looks like I did not update future values in the previous year.
January 7, 2018.  Last estimates were for 2017, 2018 and 2019 of $34550M, $36198M and $37042M for Revenue, $5.16, $5.53 and $6.93 for EPS,
 $5.36 and $6.54 for CFPS for 2016 and 2017, and $9369M for Net Income for 2017.
January 14, 2017.  Last estimates were for 2016, 2017 and 2018 of $31997M, $33730M and $34869M for Revenue, $4.75, $5.07 and $5.92 for EPS, 
$5.36, $5.76 and $6.34 for CFPS and $8741M and $9369M for Net Income for 2016 and 2017.
January 10, 2016.  Last estimates were for 2016, 2017 and 2018 of 29630M, 31581M and $32010M for Revenue, $4.45, $4.80 and 5.28 for EPS, $4.99, $5.39 and $5.55 for CFPS and $8266M, $8924M and $9592M for net income.
January 10, 2015.  Last estimates were for 2014, 2015 and 2016 of $28500M, $30075M and $60414M for Revenue, $8.37, $9.14 and $9.63 for EPS, $4.67, $4.99
 and $4.93 for CFPS and $7701M, $8398M and $8874M for net income.
January 9, 2014.  Last estimtes were for 2013 and 2014 of $24229M and $26370M for Revenue and $7.81 and $8.72 for EPS and $9.54 for CFPS for 2013.
January 01, 2013.  Last estimates were for 2012 and 2013 at $23051M and 24374M for Revenue, $7.06 and $7.80 for EPS and $8.72 and $9.54 for CFPS.
Dec 16, 2011.  Last Estimates were $6.48 and $7.25 for EPS and $7.70 and $10 for CF
Feb 24, 2011.  Check unaudited figures I got previous against audited statements received.  There were no changes.  However, I got the net income figures from wrong column and I have fixed that.
I got changes in working capital or current assets and liabilities from Globe site.
Dec 06, 2011.  when I last looked I got estimates for 2010 and 2011 of $5.45 and $6.40 for earnings and $7.40 and $8.00 for cash flows.
Dec 17, 2009.  I have updated speadsheet with unaudited 2009 report.  The huge amount of insider selling during the last 12 months is a big negative for this stock.
In March 2009, I picked up earnings for 2009 and 2010 of $5.20 and $5.58 and CF of $5.96 and $6.36.
2008.  I have had stock since Feb 2000 and have made IRR of 6.62%.  Not great, but we are in a bear market currently.  Dividends have increased nicely.
2005.  I have had stock since Feb 2000 and have made IRR of 13.29%.  What you expect from a bank stock.  Div counts a lot.  Revenue and stock still recovering from 2001 bear market.
2004. earnings are starting to grow, but not yet strongly.
Earnings are not growing well lately.2003
TD Bank has been a dividend payer since 1857.
Sector:
Bank, Financial Services
What should this stock accomplish?
I would expect dividends to be moderate to good with moderate dividend growth over the longer term.
Would I buy this company and Why.
This is one of the big 5 banks of Canada.  I think all Canadians should have at least one bank in their portfolio.  
I have three banks of BMOm RY and TD. 
Why am I following this stock. 
This stock, as all banks, was on Mike Higgs' Canadian Dividend Growth Stock list and the other dividend lists that I followed.
Why I bought this stock.
When I sold some Metro in 2009, I bought this stock.  It is the 3rd bank stock I bought.
Dividends
Dividends are paid in cycle 1, but at the very end of the month, so they are 31st of January, April, July and October.  Dividends are declared in one month for shareholders and payment in the following month.
For example, the dividend declared on December 5, 2013 is for shareholders of record of January 6, 2014 and payable on January 31, 2014.
Misson Statement or closes thing I can find.
What I am looking for is a mission statement that the company wants to do well by their customers, employees, and community and thereby earn shareholders a reasonable return.
Our Mission:  We will be the Best Run, Customer-Focused, Integrated Financial Institution, with a Unique and Inclusive Employee Culture.
Our Strategy: To produce long-term, profitable growth by building great franchises and delivering value to our Customers, Shareholders and Communities.
How they make their money
Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. 
The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has an ownership stake in Charles Schwab.
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
Shares; '%, Value $M %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Change
Date 2016 Jan 14 2017 Jan 7 2018 Jan 12 2019 Jan 10 2020 Jan 09 2021 Jan 08 2022 Jan 07 2023 Jan 06 2024
Masrani, Bharat 0.03% 0.617 0.03% 0.617 0.03% 0.617 0.03% 0.614 0.03% 0.834 0.05% 0.872 0.05% 1.004 0.06% 1.135 0.06% 13.10%
CEO - Shares - Amount $37.575 $45.300 $45.093 $46.436 $36.072 $74.908 $76.061 $77.742 $91.716
Options - percentage 0.07% 1.565 0.08% 1.698 0.09% 2.056 0.11% 2.290 0.13% 2.309 0.13% 2.490 0.14% 2.635 0.15% 2.827 0.16% 7.29%
Options - amount $81.026 $114.849 $124.004 $154.603 $134.629 $207.410 $217.061 $204.097 $228.413
Reuters Options Value
Clark, William Edmund
CEO - Shares - Amount
Options - percentage
Options - amount
Reuters Options Value
Tran, Kelvin Vi Luan 0.011 0.00% 0.017 0.00% 0.017 0.00% 0.017 0.00% 0.02%
CFO - Shares - Amount $0.975 $1.512 $1.343 $1.401
Options - percentage 0.195 0.01% 0.184 0.01% 0.220 0.01% 0.268 0.01% 21.86%
Options - amount $17.518 $16.073 $17.023 $21.638
Ahmed, Riaz 0.02% 0.399 0.02% 0.399 0.02% 0.409 0.02% 0.351 0.02% 0.351 0.02% 0.437 0.02% 0.437 0.02% 0.470 0.03% was Office in 2015, now 7.72%
CFO - Shares - Amount $24.310 $29.307 $29.171 $30.794 $20.645 $31.555 $38.071 $33.823 $38.003 CFO
Options - percentage 0.03% 0.720 0.04% 0.749 0.04% 0.806 0.04% 0.738 0.04% 0.810 0.04% 0.840 0.05% 0.986 0.06% 1.038 0.06% Now Group Head, 2022 5.27%
Options - amount $38.880 $52.848 $54.703 $60.583 $43.408 $72.781 $73.279 $76.357 $83.843
Bambawale, Ajai 0.003 0.00% 0.003 0.00% 0.003 0.00% 0.003 0.00% 0.003 0.00% 0.003 0.00% 1.42%
Officer - Shares - Amount $0.224 $0.177 $0.276 $0.271 $0.240 $0.254
Options - percentage 0.163 0.01% 0.189 0.01% 0.240 0.01% 0.231 0.01% 0.293 0.02% 0.355 0.02% 21.09%
Options - amount $12.238 $11.128 $21.601 $20.160 $22.692 $28.663
Johnston, Colleen 0.01% 0.102 0.01% 0.082 0.00% Was CFO in 2015, 
Officer - Shares - Amount $6.223 $7.489 $6.018 now a Group Head
Options - percentage 0.04% 0.674 0.04% 0.668 0.04% INK says CFO in Jan
Options - amount $40.410 $49.479 $48.763 2016
Reuters Options Value Ceased insider April 2018
Chun, Raymond 0.000 0.00% 0.006 0.00% 13445.65%
Officer - Shares - Amount $0.004 $0.503
Options - percentage 0.124 0.01% 0.223 0.01% 78.84%
Options - amount $9.640 $17.983
Ferguson, Brian Charles 0.005 0.00% 0.005 0.00% 0.005 0.00% 0.005 0.00% 0.00%
Director - Shares - Amount $0.411 $0.399 $0.354 $0.369
Options - percentage 0.025 0.00% 0.029 0.00% 0.032 0.00% 0.037 0.00% 14.35%
Options - amount $2.248 $2.521 $2.475 $2.952
Brinkley, Amy W. 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% #DIV/0!
Director - Shares - Amount $0.000 $0.000 $0.000 $0.000 $0.000
Options - percentage 0.056 0.00% 0.065 0.00% 0.070 0.00% 0.073 0.00% 0.079 0.00% 8.68%
Options - amount $3.276 $5.806 $6.094 $5.655 $6.411
Goggins, Colleen A. 0.009 0.00% 0.009 0.00% 0.00%
Director - Shares - Amount $0.682 $0.711
Options - percentage 0.050 0.00% 0.056 0.00% 12.57%
Options - amount $3.866 $4.540
Levitt, Brian 0.00% 0.030 0.00% 0.030 0.00% 0.030 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% Last filed Dec 2022 #DIV/0!
Chairman - Shares - Amt $1.826 $2.201 $2.191 $2.256 $0.000 $0.000 $0.000 $0.000 $0.000
Options - percentage 0.00% 0.072 0.00% 0.081 0.00% 0.092 0.01% 0.099 0.01% 0.115 0.01% 0.125 0.01% 0.130 0.01% 0.140 0.01% 7.14%
Options - amount $3.984 $5.313 $5.935 $6.898 $5.835 $10.327 $10.874 $10.091 $11.278
Increase in O/S Shares 0.18% 4.900 0.26% 3.000 0.16% 2.900 0.16% 2.300 0.13% 1.500 0.08% 2.800 0.15% 1.800 0.10% 1.200 0.07%
due to SO $200.838 $298.214 $220.110 $211.787 $172.983 $88.170 $251.552 $156.942 $92.952
Book Value $128.000 $186.000 $148.000 $152.000 $124.000 $79.000 $165.000 $120.000 $83.000
Insider Buying -$14.316 -$0.023 -$0.185 $0.000 -$0.061 -$0.607 -$0.852 -$1.000 $0.000
Insider Selling $44.926 $16.460 $68.028 $25.664 $37.821 $4.278 $39.785 $5.830 $8.748
Net Insider Selling $30.611 $16.436 $67.843 $25.664 $37.760 $3.671 $38.933 $4.830 $8.748
% of Market Cap 0.03% 0.05% 0.05% 0.02% 0.04% 0.00% 0.02% 0.00% 0.01%
Directors 14 14 11 14 13 15 16 16
Women 33% 5 36% 5 36% 3 27% 5 36% 5 38% 6 40% 7 44% 7 44%
Minorities 11% 2 14% 2 14% 1 9% 2 14% 2 15% 2 13% 4 25% 3 19%
54.14% 471 53.62% 544 48.87% 662 48.09% 20 39.85% 20 43.55% 20 43.55% 20 43.05% 20 44.97%
Institutions -402 54.09% 996.077 54.06% 900.446 49.19% 880.272 48.57% 725.268 40.01% 790.754 43.63% 790.754 43.63% 783.779 43.75% 805.361 44.96%
Holding 53.13% 3.12% 30.133 3.12% 18.988 2.15% 7.331 0.84% 7.713 1.07% 5.283 0.67% 5.283 0.67% 21.855 2.87% -3.728 -0.46%
On Jan 09 2014 NASDAQ 965.944 NASDAQ 881.459 NASDAQ 872.941 NASDAQ 717.556 Top 20 MS 785.471 Top 20 MS 785.471 Top 20 MS 761.924 Top 20 MS 809.090 Top 20 MS
NASDAQ
Copyright © 2008 Website of SPBrunner. All rights reserved.
My stock