RY
Royal Bank of Canada
NYSE: RY · FINANCIAL SERVICES · BANKS - DIVERSIFIED
$179.97
+2.71% today
Updated 2026-04-30
Market cap
$243.80B
P/E ratio
16.48
P/S ratio
3.84x
EPS (TTM)
$10.64
Dividend yield
3.54%
52W range
$114 – $180
Volume
1.6M
Royal Bank of Canada (RY) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2015 | 2015 | 2015 | 2015 | 2016 | 2016 | 2016 | 2016 | 2017 | 2017 | 2017 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.38B | $27.86B | $43.05B | $2.80B | $12.42B | $28.82B | $45.98B | $2.81B | $12.59B | $29.44B | $49.89B | $2.89B | $57.58B | $67.35B | $61.15B | $57.68B | $66.83B | $113.45B | $134.49B | $137.36B |
| Revenue growth (YoY) | — | +108.3% | +54.5% | -93.5% | +343.1% | +132.1% | +59.6% | -93.9% | +348.8% | +133.8% | +69.5% | -94.2% | +1894.3% | +17.0% | -9.2% | -5.7% | +15.9% | +69.8% | +18.5% | +2.1% |
| Cost of revenue | $0.00 | $0.00 | $9.05B | $1.54B | $0.00 | $0.00 | $9.47B | $1.41B | $0.00 | $0.00 | $10.91B | $1.43B | $16.38B | $23.45B | $18.40B | $7.39B | $18.54B | $64.33B | $80.23B | $75.19B |
| Gross profit | $13.38B | $0.00 | $34.00B | $1.26B | $12.42B | $0.00 | $36.52B | $1.40B | $12.59B | $0.00 | $38.97B | $1.46B | $41.21B | $43.90B | $42.75B | $50.29B | $48.29B | $49.12B | $54.26B | $62.17B |
| Gross margin | 100.0% | 0.0% | 79.0% | 45.0% | 100.0% | 0.0% | 79.4% | 49.8% | 100.0% | 0.0% | 78.1% | 50.4% | 71.6% | 65.2% | 69.9% | 87.2% | 72.3% | 43.3% | 40.3% | 45.3% |
| R&D | — | — | $0.00 | — | — | — | $0.00 | — | — | — | $0.00 | — | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $10.49B | $6.65B | $14.55B | $422.41M | $10.95B | $7.05B | $15.80B | $453.73M | $9.70B | $7.40B | $16.38B | $438.60M | $16.45B | $18.68B | $18.93B | $20.43B | $18.31B | $18.85B | $21.08B | $23.12B |
| Operating income | $2.89B | — | $12.62B | $611.06M | $1.47B | — | $13.30B | $673.17M | $2.90B | — | $14.67B | $685.10M | $15.76B | $15.91B | $14.39B | $20.63B | $20.11B | $18.18B | $19.86B | $25.65B |
| Operating margin | 21.6% | 0.0% | 29.3% | 21.8% | 11.8% | 0.0% | 28.9% | 24.0% | 23.0% | 0.0% | 29.4% | 23.7% | 27.4% | 23.6% | 23.5% | 35.8% | 30.1% | 16.0% | 14.8% | 18.7% |
| EBITDA | — | — | $13.87B | — | — | — | $14.85B | — | — | — | $16.29B | — | $17.41B | $17.85B | $17.04B | $23.22B | $22.76B | $21.04B | $22.84B | $28.73B |
| EBITDA margin | 0.0% | 0.0% | 32.2% | 0.0% | 0.0% | 0.0% | 32.3% | 0.0% | 0.0% | 0.0% | 32.7% | 0.0% | 30.2% | 26.5% | 27.9% | 40.3% | 34.1% | 18.5% | 17.0% | 20.9% |
| EBIT | $5.61B | $20.68B | $12.62B | $622.55M | $4.38B | $20.91B | $13.30B | $686.67M | $5.70B | $21.37B | $14.67B | $706.35M | $15.76B | $15.91B | $14.39B | $20.63B | $20.11B | $18.18B | $19.86B | $25.65B |
| Interest expense | $0.00 | $0.00 | $7.96B | $0.00 | $0.00 | $0.00 | $7.92B | $0.00 | $0.00 | $0.00 | $9.76B | $0.00 | $15.07B | $21.58B | $14.05B | $8.14B | $18.05B | $61.86B | $77.00B | $70.83B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.87B | $5.63B | $9.93B | $299.36M | $1.17B | $5.70B | $10.40B | $334.25M | $2.15B | $6.27B | $11.43B | $376.73M | $12.40B | $12.86B | $11.43B | $16.04B | $15.79B | $14.61B | $16.23B | $20.36B |
| Net income growth (YoY) | — | +200.2% | +76.4% | -97.0% | +290.8% | +386.9% | +82.6% | -96.8% | +543.2% | +191.6% | +82.3% | -96.7% | +3191.5% | +3.7% | -11.1% | +40.3% | -1.5% | -7.5% | +11.1% | +25.5% |
| Profit margin | 14.0% | 20.2% | 23.1% | 10.7% | 9.4% | 19.8% | 22.6% | 11.9% | 17.1% | 21.3% | 22.9% | 13.0% | 21.5% | 19.1% | 18.7% | 27.8% | 23.6% | 12.9% | 12.1% | 14.8% |