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Royal Bank of Canada (RY) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · BANKS - DIVERSIFIED · DATA UPDATED 2026-09-19

Royal Bank of Canada (RY) operates in the BANKS - DIVERSIFIED industry and is headquartered in Toronto, Canada with about 101,269 employees. Its market capitalization is roughly $281 billion. In the fiscal year ended 2025-10-31, RY reported C$137.4B in revenue and C$20.4B in net income.

Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions.

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RY Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-04-302025-10-312024-10-312023-10-312022-10-312021-10-312020-10-312019-10-312018-10-312017-12-312017-10-312017-09-302017-03-312016-12-312016-10-312016-09-302016-03-312015-12-312015-10-312015-09-302015-03-31
Total RevenueC$138.9BC$137.4BC$134.5BC$113.5BC$66.8BC$57.7BC$61.2BC$67.4BC$57.6BC$2.9BC$49.9BC$29.4BC$12.6BC$2.8BC$46.0BC$28.8BC$12.4BC$2.8BC$43.1BC$27.9BC$13.4B
Gross ProfitC$65.6BC$62.2BC$54.3BC$49.1BC$48.3BC$50.3BC$42.8BC$43.9BC$41.2BC$1.5BC$39.0BC$0MC$12.6BC$1.4BC$36.5BC$0MC$12.4BC$1.3BC$34.0BC$0MC$13.4B
Gross Margin %47.2%45.3%40.3%43.3%72.3%87.2%69.9%65.2%71.6%50.4%78.1%0.0%100.0%49.8%79.4%0.0%100.0%45.0%79.0%0.0%100.0%
Operating Income (EBIT)C$28.2BC$25.7BC$19.9BC$18.2BC$20.1BC$20.6BC$14.4BC$15.9BC$15.8BC$685MC$14.7BC$2.9BC$673MC$13.3BC$1.5BC$611MC$12.6BC$2.9B
Operating Margin %20.3%18.7%14.8%16.0%30.1%35.8%23.5%23.6%27.4%23.7%29.4%23.0%24.0%28.9%11.8%21.8%29.3%21.6%
Net IncomeC$22.1BC$20.4BC$16.2BC$14.6BC$15.8BC$16.0BC$11.4BC$12.9BC$12.4BC$377MC$11.4BC$6.3BC$2.1BC$334MC$10.4BC$5.7BC$1.2BC$299MC$9.9BC$5.6BC$1.9B
Net Margin %15.9%14.8%12.1%12.9%23.6%27.8%18.7%19.1%21.5%13.1%22.9%21.3%17.1%11.9%22.6%19.8%9.4%10.7%23.1%20.2%14.0%
EBITDAC$31.2BC$28.7BC$22.8BC$21.0BC$22.8BC$23.2BC$17.0BC$17.8BC$17.4BC$16.3BC$14.8BC$13.9B
Earnings Per Share (EPS)C$18.67C$14.44C$11.48C$10.49C$11.23C$11.24C$8.00C$8.93C$8.55C$7.75C$6.96C$6.85
Shares Outstanding (M)1,027M1,410M1,414M1,393M1,406M1,427M1,429M1,441M1,450M1,474M1,494M1,450M

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RY Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-04-302026-01-312025-10-312025-07-312025-04-302025-01-312024-10-312024-07-31
Total RevenueC$33.9BC$35.4BC$34.8BC$34.7BC$32.6BC$35.2BC$33.9BC$34.5B
Gross ProfitC$16.5BC$16.8BC$16.2BC$16.1BC$14.2BC$15.7BC$14.2BC$14.0B
Gross Margin %48.7%47.5%46.5%46.3%43.7%44.5%42.0%40.7%
Operating Income (EBIT)C$7.1BC$7.4BC$6.8BC$6.9BC$5.5BC$6.4BC$5.2BC$5.4B
Operating Margin %20.9%20.9%19.6%19.8%16.9%18.3%15.4%15.6%
Net IncomeC$5.5BC$5.8BC$5.4BC$5.4BC$4.4BC$5.1BC$4.2BC$4.5B
Net Margin %16.2%16.3%15.6%15.6%13.5%14.6%12.4%13.0%
EBITDAC$7.8BC$8.1BC$7.6BC$7.6BC$6.3BC$7.2BC$6.0BC$6.1B
Earnings Per Share (EPS)C$5.36C$5.62C$3.85C$3.84C$3.10C$3.62C$2.98C$3.17
Shares Outstanding (M)1,027M1,029M1,410M1,410M1,414M1,416M1,416M1,416M

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RY Free Cash Flow History

Cash flowTTM → 2026-04-302025-10-312024-10-312023-10-312022-10-312021-10-312020-10-312019-10-312018-10-312017-12-312017-10-312017-09-302017-03-312016-12-312016-10-312016-09-302016-03-312015-12-312015-10-312015-09-302015-03-31
Cash from Operations (CFO)C$73.4BC$55.2BC$23.1BC$26.1BC$21.9BC$61.0BC$138.8BC$14.3BC$17.5BC$805MC$37.7BC$2.2BC$11.7BC$811MC$26.9BC$4.2BC$11.0BC$298MC$24.1B(C$380M)(C$642M)
Capital Expenditures (CapEx)C$2.1BC$2.2BC$2.3BC$2.7BC$2.5BC$2.2BC$2.6BC$2.3BC$2.0BC$824MC$1.4BC$207MC$2.8BC$612MC$1.3BC$399MC$2.9BC$524MC$1.3BC$475MC$1.7B
Free Cash Flow (FCF)C$71.3BC$53.0BC$20.9BC$23.3BC$19.4BC$58.9BC$136.2BC$12.0BC$15.5B(C$20M)C$36.4BC$2.0BC$8.9BC$199MC$25.6BC$3.8BC$8.1B(C$226M)C$22.8B(C$855M)(C$2.4B)
FCF Margin %
Dividends PaidC$9.2BC$8.8BC$6.6BC$5.5BC$7.0BC$6.4BC$6.3BC$6.0BC$5.6BC$260MC$5.3BC$3.8BC$384MC$205MC$5.0BC$4.1BC$737MC$202MC$4.6BC$3.1BC$461M

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RY Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-07-312026-04-302026-01-312025-10-312025-07-312025-04-302025-01-312024-10-312024-07-31
Cash from Operations (CFO)C$35.1BC$21.3BC$37.9B(C$14.8B)C$29.0BC$9.9BC$31.2BC$17.2BC$23.2B
Capital Expenditures (CapEx)C$743MC$459MC$597MC$549MC$530MC$483MC$681MC$671MC$717M
Free Cash Flow (FCF)C$34.4BC$20.8BC$37.3B(C$15.3B)C$28.5BC$9.4BC$30.5BC$16.5BC$22.5B
FCF Margin %
Dividends PaidC$2.4BC$2.3BC$2.3BC$2.2BC$2.2BC$2.1BC$2.1BC$2.0B

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RY Balance Sheet History

Balance sheet2026-07-312025-10-312024-10-312023-10-312022-10-312021-10-312020-10-312019-10-312018-10-312017-12-312017-10-312017-09-302017-03-312016-12-312016-10-312016-09-302016-03-312015-12-312015-10-312015-09-302015-03-31
Total AssetsC$2.50TC$2.33TC$2.17TC$2.01TC$1.92TC$1.71TC$1.62TC$1.43TC$1.33TC$10.6BC$1.21TC$668.4BC$384.6BC$10.0BC$1.18TC$642.2BC$365.6BC$9.6BC$1.07TC$570.3BC$348.4B
Cash & Cash EquivalentsC$87.4BC$122.7BC$133.1BC$180.4BC$193.5BC$157.9BC$64.7BC$66.7BC$6MC$61.1BC$82.8BC$127.6BC$7MC$42.8BC$76.7BC$114.8BC$1MC$35.1BC$69.1BC$85.5B
Total LiabilitiesC$2.35TC$2.19TC$2.04TC$1.89TC$1.81TC$1.61TC$1.54TC$1.35TC$1.25TC$6.9BC$1.14TC$620.3BC$359.5BC$6.4BC$1.11TC$597.7BC$341.6BC$6.3BC$1.01TC$533.0BC$325.8B
Total Debt (Short + Long-Term)C$830.4BC$775.6BC$776.7BC$429.2BC$395.0BC$103.8BC$109.2BC$97.8BC$3.1BC$86.3BC$19.9BC$299.4BC$2.8BC$178.3BC$27.6BC$275.5BC$2.9BC$91.9BC$33.9BC$266.2B
Total Shareholders' EquityC$145.0BC$139.1BC$127.1BC$115.0BC$108.1BC$98.7BC$86.8BC$83.6BC$80.0BC$3.7BC$74.4BC$48.1BC$25.0BC$3.6BC$71.0BC$44.5BC$24.0BC$3.3BC$63.9BC$37.3BC$22.6B

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive RY viewer.

RY Metric Deep Dives

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