
Royal Bank of Canada (RY) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jul 2025Income Metrics
Revenue
12.3B
Net Income
3.9B
31.92%
EPS (Diluted)
$3.75
Balance Sheet Metrics
Total Assets
1.6T
Total Liabilities
1.5T
Shareholders Equity
98.1B
Debt to Equity
15.43
Cash Flow Metrics
Operating Cash Flow
18.8B
Free Cash Flow
20.6B
Revenue & Profitability Trend
Royal Bank of Canada Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 41.6B | 51.6B | 48.8B | 49.5B | 47.1B |
Cost of Goods Sold | - | - | - | - | - |
Gross Profit | - | - | - | - | - |
Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 15.2B | 18.9B | 18.3B | 20.4B | 18.9B |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 15.2B | 18.9B | 18.3B | 20.4B | 18.9B |
Operating Income | - | - | - | - | - |
Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | - | - | - | - | - |
Other Non-Operating Income | - | - | - | - | - |
Pre-tax Income | 14.4B | 18.2B | 20.1B | 20.6B | 14.4B |
Income Tax | 2.6B | 3.6B | 4.3B | 4.6B | 3.0B |
Effective Tax Rate % | 18.2% | 19.6% | 21.4% | 22.2% | 20.5% |
Net Income | 11.7B | 14.6B | 15.8B | 16.0B | 11.4B |
Net Margin % | 28.2% | 28.3% | 32.4% | 32.4% | 24.3% |
Key Metrics | |||||
EBITDA | - | - | - | - | - |
EPS (Basic) | $11.27 | $10.33 | $11.08 | $11.08 | $7.84 |
EPS (Diluted) | $11.25 | $10.32 | $11.06 | $11.06 | $7.82 |
Basic Shares Outstanding | 1020721620 | 2021152060 | 2039509262 | 2069570379 | 2068948495 |
Diluted Shares Outstanding | 1020721620 | 2021152060 | 2039509262 | 2069570379 | 2068948495 |
Income Statement Trend
Royal Bank of Canada Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 88.7B | 133.1B | 180.4B | 193.5B | 157.9B |
Short-term Investments | 32.1B | 78.9B | 60.2B | 37.5B | 44.4B |
Accounts Receivable | 8.9B | 12.1B | 9.0B | 7.3B | 7.0B |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | - | - | - | - | - |
Non-Current Assets | |||||
Property, Plant & Equipment | 230.6M | 317.0M | 299.0M | 308.0M | 421.0M |
Goodwill | 33.5B | 31.1B | 30.6B | 26.2B | 27.4B |
Intangible Assets | 5.6B | 5.9B | 6.1B | 4.5B | 4.8B |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | - | - | - | - | - |
Total Non-Current Assets | - | - | - | - | - |
Total Assets | 1.6T | - | - | - | - |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 16.6B | 20.6B | 17.3B | 10.5B | 9.5B |
Short-term Debt | 98.3B | 118.3B | 143.0B | 99.5B | 80.6B |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | - | - | - | - | - |
Non-Current Liabilities | |||||
Long-term Debt | 244.5B | 321.0B | 282.2B | 205.5B | 186.6B |
Deferred Tax Liabilities | 391.8M | 426.0M | 439.0M | 74.0M | 52.0M |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | - | - | - | - | - |
Total Liabilities | 1.5T | - | - | - | - |
Equity | |||||
Common Stock | 15.2B | 19.4B | 17.3B | 17.7B | 17.6B |
Retained Earnings | 64.1B | 81.7B | 78.0B | 71.8B | 59.8B |
Treasury Stock | 36.1M | 240.0M | 339.0M | 112.0M | 132.0M |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 92.0B | 115.1B | 108.2B | 98.8B | 86.8B |
Key Metrics | |||||
Total Debt | 342.8B | 439.4B | 425.2B | 305.0B | 267.3B |
Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
Royal Bank of Canada Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 11.7B | 14.6B | 15.8B | 16.0B | 11.4B |
Depreciation & Amortization | 2.2B | 2.9B | 2.7B | 2.6B | 2.6B |
Stock-Based Compensation | - | - | - | - | - |
Working Capital Changes | 74.5B | 3.0B | 103.5B | 104.8B | 126.1B |
Operating Cash Flow | 87.3B | 19.4B | 122.6B | 124.0B | 139.6B |
Investing Activities | |||||
Capital Expenditures | -1.6B | -2.7B | -2.5B | -2.2B | -2.6B |
Acquisitions | -9.2B | 1.7B | -2.4B | 78.0M | -22.0M |
Investment Purchases | -139.7B | -202.5B | -123.0B | -123.5B | -149.5B |
Investment Sales | 131.8B | 156.5B | 99.1B | 108.9B | 113.3B |
Investing Cash Flow | -18.8B | -47.0B | -28.7B | -16.7B | -38.9B |
Financing Activities | |||||
Share Repurchases | -5.6B | -4.1B | -11.3B | -6.2B | -7.2B |
Dividends Paid | -4.8B | -5.5B | -7.0B | -6.4B | -6.3B |
Debt Issuance | 2.3B | 1.5B | 1.0B | 2.8B | 2.8B |
Debt Repayment | -1.5B | -825.0M | -821.0M | -3.1B | -3.6B |
Financing Cash Flow | -5.9B | -9.8B | -2.2B | -5.9B | -7.7B |
Free Cash Flow | 15.1B | 23.3B | 19.4B | 58.9B | 136.2B |
Net Change in Cash | 62.7B | -37.4B | 91.7B | 101.3B | 93.0B |
Cash Flow Trend
Royal Bank of Canada Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
15.20
Forward P/E
15.66
Price to Book
1.64
Price to Sales
3.40
PEG Ratio
0.70
Profitability Ratios
Profit Margin
31.77%
Operating Margin
45.38%
Return on Equity
14.73%
Return on Assets
0.89%
Financial Health
Debt to Equity
3.24
Beta
1.06
Per Share Data
EPS (TTM)
$9.55
Book Value per Share
$88.30
Revenue per Share
$42.70
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
ry | 203.6B | 15.20 | 1.64 | 14.73% | 31.77% | 3.24 |
Berkshire Hathaway | 1.1T | 16.92 | 0.00 | 9.91% | 17.00% | 18.95 |
Berkshire Hathaway | 1.1T | 16.93 | 1.59 | 9.91% | 17.00% | 18.95 |
JPMorgan Chase | 843.9B | 15.75 | 2.51 | 16.21% | 34.52% | 3.27 |
Visa | 658.8B | 33.12 | 17.33 | 51.76% | 52.16% | 65.02 |
Bank of America | 374.6B | 14.88 | 1.37 | 9.46% | 28.51% | 2.73 |
Financial data is updated regularly. All figures are in the company's reporting currency.