Company Quick10K Filing
TD Ameritrade Holding
10-Q 2020-03-31 Filed 2020-05-07
10-Q 2019-12-31 Filed 2020-01-31
10-K 2019-09-30 Filed 2019-11-15
10-Q 2019-06-30 Filed 2019-08-01
10-Q 2019-03-31 Filed 2019-04-29
10-Q 2018-12-31 Filed 2019-01-31
10-K 2018-09-30 Filed 2018-11-16
10-Q 2018-06-30 Filed 2018-08-07
10-Q 2018-03-31 Filed 2018-05-08
10-Q 2017-12-31 Filed 2018-02-08
10-K 2017-09-30 Filed 2017-11-17
10-Q 2017-06-30 Filed 2017-07-24
10-Q 2017-03-31 Filed 2017-05-08
10-Q 2016-12-31 Filed 2017-02-06
10-K 2016-09-30 Filed 2016-11-18
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-05
10-Q 2015-12-31 Filed 2016-02-04
10-K 2015-09-30 Filed 2015-11-20
10-Q 2015-06-30 Filed 2015-08-07
10-Q 2015-03-31 Filed 2015-05-07
10-Q 2014-12-31 Filed 2015-02-05
10-K 2014-09-30 Filed 2014-11-21
10-Q 2014-06-30 Filed 2014-08-05
10-Q 2014-03-31 Filed 2014-05-09
10-Q 2013-12-31 Filed 2014-02-05
10-K 2013-09-30 Filed 2013-11-22
10-Q 2013-06-30 Filed 2013-08-07
10-Q 2013-03-31 Filed 2013-05-06
10-K 2012-09-30 Filed 2012-11-26
10-Q 2012-06-30 Filed 2012-08-08
10-Q 2012-03-31 Filed 2012-05-07
10-Q 2011-12-31 Filed 2012-02-08
10-K 2011-09-30 Filed 2011-11-18
10-Q 2011-06-30 Filed 2011-08-08
10-Q 2011-03-31 Filed 2011-05-06
10-Q 2010-12-31 Filed 2011-02-04
10-K 2010-09-30 Filed 2010-11-19
10-Q 2010-06-30 Filed 2010-08-09
10-Q 2010-03-31 Filed 2010-05-06
10-Q 2009-12-31 Filed 2010-02-05
8-K 2020-05-14 Enter Agreement, Other Events, Exhibits
8-K 2020-04-22 Earnings, Exhibits
8-K 2020-04-21 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-02-04 Officers
8-K 2020-01-29 Other Events
8-K 2020-01-21 Earnings, Exhibits
8-K 2019-11-25 Officers, Other Events, Exhibits
8-K 2019-11-24 Enter Agreement, Officers, Exhibits
8-K 2019-10-21 Earnings, Exhibits
8-K 2019-08-13 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-07-22 Earnings, Officers, Exhibits
8-K 2019-05-15 Enter Agreement, Leave Agreement, Off-BS Arrangement, Officers, Exhibits
8-K 2019-04-23 Earnings, Exhibits
8-K 2019-02-19 Shareholder Vote
8-K 2019-01-22 Earnings, Exhibits
8-K 2018-11-21 Officers
8-K 2018-10-30 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2018-10-22 Earnings, Exhibits
8-K 2018-07-23 Earnings, Exhibits
8-K 2018-05-17 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-04-23 Earnings, Exhibits
8-K 2018-02-23 Shareholder Vote
8-K 2018-02-16 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-01-22 Earnings, Exhibits

TD Ameritrade Holding Financials

AMTD Metrics, Comps, Filings

Quarterly | Annual

Business

The Company was established as a local investment banking firm in 1971 and began operations as a retail discount securities brokerage firm in 1975. The parent company is a Delaware corporation.

We are a leading provider of securities brokerage services and related technology-based financial services to retail clients and independent registered investment advisors ("RIAs"). We provide our services to individual retail investors and traders and to RIAs predominantly through the Internet, a national branch network and relationships with RIAs. We use our platform to offer brokerage services to retail investors and traders under a simple, low cost structure and brokerage custodial services to RIAs.

We have been an innovator in electronic brokerage services since entering the retail securities brokerage business in 1975. We believe that we were the first brokerage firm to offer the following products and services to retail clients: touch-tone trading; trading over the Internet; mobile trading; unlimited, streaming, free real-time quotes; extended trading hours; direct access to market destinations; commitment on the speed of order execution and trading of select securities 24 hours a day, five days a week. Over the years the number of brokerage accounts, RIA relationships, average daily trading volume and total assets in client accounts have substantially increased. We have also built, and continue to invest in, a proprietary trade processing platform that is both cost-efficient and highly scalable, significantly lowering our operating costs per trade. In addition, we have made significant investments in building the TD Ameritrade brand.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Credit Suisse (CS) 47,825 0% 0% 772,069 726,075 2,380 0 0 0 102,086
T Rowe Price (TROW) 27,014 0% 9.8 21% 9,398 1,455 5,454 0 2,008 2,530 24,720
TD Ameritrade Holding (AMTD) 26,162 6.1 5% 43,786 35,086 0 0 2,209 3,204 19,563
Nasdaq (NDAQ) 16,716 59% 19.2 4% 12,980 7,653 3,196 1,889 571 1,007 19,322
MarketAxess (MKTX) 12,337 0% 56.0 18% 855 160 382 0 155 215 12,016
Raymond James Financial (RJF) 12,077 0% 3.4 3% 38,830 32,187 8,023 0 1,034 1,774 6,106
Nomura (NMR) 12,061 0% 40,969,439 38,288,646 0 0 0 0 5,240,698
SEI Investments (SEIC) 9,252 24% 13.8 24% 2,041 337 1,632 397 489 613 8,481
Yintech Investment (YIN) 8,783 0% 3,253 628 0 0 0 0 8,452
Euronet Worldwide (EEFT) 8,040 33% 14.0 7% 4,314 2,869 2,706 904 300 494 6,899
LPL Financial (LPLA) 6,691 0% 9.1 10% 5,741 4,721 5,494 0 554 833 7,552
Seaboard (SEB) 5,046 5% 23.2 2% 5,946 2,536 5,028 260 108 246 5,717
Stifel Financial (SF) 4,508 0% 5.5 2% 24,161 20,603 3,391 0 433 843 4,602
Navient (NAVI) 3,044 0% 24.8 1% 96,553 93,301 297 0 498 3,363 83,553
Virtu Financial (VIRT) 1,962 0% -69.0 -0% 9,187 7,890 1,127 0 -41 -51 3,549
BGC Partners (BGCP) 1,945 0% 9.0 2% 6,548 5,724 1,617 0 111 265 2,388
Waddell & Reed (WDR) 1,298 0% 6.2 12% 1,255 399 1,072 0 147 193 1,207
Investment Technology Group (ITG) 1,041 0% 58.7 0% 1,021 662 509 0 2 13 759
Piper Jaffray (PJC) 1,021 0% 7.1 7% 1,344 582 800 0 100 141 997
Wisdomtree Investments (WETF) 941 77% 30.6 2% 954 457 132 101 15 34 1,034

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash7167418931,0811,3241,0329181,0269109151,8521,2189631,0621,3099331,2601,4601,8771,2802,2331,9781,7352,4761,9171,8551,6622,2312,8801,4721,6441,3731,3432,6907,4787,4519,28510,193
Accounts Receivable
Inventory
PP&E2612722863063155203523754016794694945037794974864799025405345319465425355319865315555921,2707808017781,2957978128331,385
Assets13,93214,72715,03315,75715,91217,30820,17221,12318,91419,51321,02120,54421,30021,92622,48523,08723,57923,83123,81524,09625,15926,37525,76627,15427,10728,81828,83429,16530,11038,62739,41238,41037,51137,52037,19138,67941,11943,786
Accounts Payable
Long-Term Debt1,2811,3021,2831,2791,2901,3371,3341,3271,3421,3451,0871,0791,0531,0521,0411,0401,0411,1011,1121,8641,8101,8001,7831,8141,8281,8171,7691,7652,5612,5552,5312,4772,4562,4393,4843,5203,5743,594
Liabilities10,10010,95511,01311,62611,51613,01015,94216,83214,57315,08816,74016,10816,63217,16017,70818,42018,88119,08319,05519,22220,16621,47220,79222,28222,13523,76723,63523,84024,65031,38031,97930,81529,57529,51728,83430,35632,62635,086
Stockholders' Equity3,8323,7724,0194,1315,7865,8735,7765,8585,8735,8905,8645,9075,9936,0046,0805,6615,6935,8685,7845,7395,8085,7625,8045,8075,7545,8945,8885,5995,4607,2477,4337,5957,9368,0038,3578,3238,4938,700
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue211211210203204204212207207211212209214224232243243239254279
Cost of Revenue
Gross Profit
R&D
SG&A
Tax110119781041798799781149910090156120120124240131132101127131138125998512713226411611210115974174169188191
Net Income179114145172173164153150166144159155196200199205194211215195204216217218248185224221231211297271451454604499555551
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating24285299423-1756243832111,153-460-110189504-266466373678-61058110320687011436247162635-3861243491,8212,7625732,4381,847
Cash Investing-32-25-39-49-400-98-120-13115000-28213-23-17-771-518488-130185-420-3840-50-62-1,406633-440-35-66-426-48-195-543
Cash Financing-18592-72-132-234-2-36-792610-129-121-1480-292-122-960531-116-3450-314-150-1140-97685-37-7545-344-408594-552-409-396