Royal Financial Statements From 2010 to 2024

RY Stock  CAD 174.76  4.46  2.62%   
Royal Bank financial statements provide useful quarterly and yearly information to potential Royal Bank of investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Royal Bank financial statements helps investors assess Royal Bank's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Royal Bank's valuation are summarized below:
Gross Profit
48.5 B
Profit Margin
0.2867
Market Capitalization
240.9 B
Enterprise Value Revenue
11.6178
Revenue
56.5 B
We have found one hundred twenty available trending fundamental ratios for Royal Bank, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Royal Bank's recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Market Cap is likely to grow to about 174 B. Also, Enterprise Value is likely to grow to about 41.2 B

Royal Bank Total Revenue

67.93 Billion

Check Royal Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royal Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 B, Interest Expense of 74.7 B or Selling General Administrative of 27.8 B, as well as many indicators such as Price To Sales Ratio of 2.13, Dividend Yield of 0.0424 or PTB Ratio of 1.5. Royal financial statements analysis is a perfect complement when working with Royal Bank Valuation or Volatility modules.
  
This module can also supplement various Royal Bank Technical models . Check out the analysis of Royal Bank Correlation against competitors.

Royal Bank Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.4 T2.3 T1.4 T
Slightly volatile
Short and Long Term Debt Total530.4 B505.2 B185.9 B
Slightly volatile
Total Current Liabilities160.2 B152.5 B85.5 B
Slightly volatile
Total Stockholder Equity142.1 B135.3 B80.8 B
Slightly volatile
Property Plant And Equipment Net8.1 B7.8 B4.6 B
Slightly volatile
Retained Earnings101.8 B97 B54.1 B
Slightly volatile
Accounts Payable24.9 B23.7 B11.2 B
Slightly volatile
Cash160.7 B153 B88.9 B
Slightly volatile
Non Current Assets Total525.8 B500.8 B282.3 B
Slightly volatile
Cash And Short Term Investments256 B243.8 B170.4 B
Slightly volatile
Net Receivables36.1 B34.3 B17.4 B
Slightly volatile
Common Stock Shares Outstanding1.5 B1.6 B1.4 B
Slightly volatile
Liabilities And Stockholders Equity2.4 T2.3 T1.4 T
Slightly volatile
Non Current Liabilities Total400.3 B381.2 B125.2 B
Slightly volatile
Other Current Assets1.1 TT454.5 B
Slightly volatile
Total Liabilities2.3 T2.2 T1.3 T
Slightly volatile
Property Plant And Equipment Gross15.5 B14.8 B6.9 B
Slightly volatile
Total Current Assets151.5 B278.2 B188.5 B
Slightly volatile
Other Assets1.6 T1.5 T928.4 B
Slightly volatile
Short Term Debt135.3 B128.9 B82.6 B
Slightly volatile
Common Stock Total Equity15.2 B20.1 B16.1 B
Slightly volatile
Common Stock15 B22.3 B16.3 B
Slightly volatile
Good Will10.3 B14.5 B10.3 B
Slightly volatile
Short Term Investments82.7 B90.8 B79.6 B
Pretty Stable
Intangible Assets3.6 B6.8 B4.1 B
Slightly volatile
Other Liabilities28.1 B30.3 B25.5 B
Slightly volatile
Net Tangible Assets64.3 B94.7 B58.6 B
Slightly volatile
Long Term Debt390.2 B371.6 B105.7 B
Slightly volatile
Long Term Investments257.1 B471.8 B214 B
Slightly volatile
Short and Long Term Debt138.9 B128.2 B114.9 B
Slightly volatile
Property Plant Equipment4.8 B8.3 B4.5 B
Slightly volatile
Long Term Debt Total17.8 B20 B14.3 B
Slightly volatile
Earning Assets742.9 B948.8 B680.1 B
Slightly volatile
Net Invested Capital658 B626.7 B236 B
Slightly volatile
Capital Stock26.9 B30.7 B24.8 B
Slightly volatile
Capital Lease Obligations4.1 B4.3 B5.1 B
Slightly volatile

Royal Bank Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.3 B3.2 B1.8 B
Slightly volatile
Interest Expense74.7 B71.1 B22.6 B
Slightly volatile
Selling General Administrative27.8 B26.4 B17.3 B
Slightly volatile
Total Revenue67.9 B64.7 B42.5 B
Slightly volatile
Gross Profit67.9 B64.7 B41 B
Slightly volatile
Other Operating Expenses45.6 B43.5 B19.1 B
Slightly volatile
Operating Income18.5 B21.2 B20.3 B
Slightly volatile
EBIT18.5 B21.4 B20.3 B
Slightly volatile
EBITDA19.5 B24.5 B21.9 B
Slightly volatile
Income Before Tax22.3 B21.2 B14.8 B
Slightly volatile
Net Income17.9 B17.1 B11.7 B
Slightly volatile
Cost Of Revenue2.7 B2.4 B2.8 B
Pretty Stable
Net Income From Continuing Ops13.7 B17.1 B12.1 B
Slightly volatile
Net Income Applicable To Common Shares13.1 B17.9 B12 B
Slightly volatile
Tax Provision3.7 B4.1 B3.3 B
Slightly volatile
Net Interest Income21.4 B28.9 B18.9 B
Slightly volatile
Interest Income105 B100 B42.3 B
Slightly volatile
Reconciled Depreciation2.5 B3.3 B2.1 B
Slightly volatile
Extraordinary Items142.4 M160.2 M174.4 M
Slightly volatile

Royal Bank Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow87.4 B83.3 B43.4 B
Slightly volatile
Depreciation3.5 B3.3 B1.9 B
Slightly volatile
Dividends Paid6.7 B6.4 B5.1 B
Slightly volatile
Capital Expenditures3.3 B3.1 B1.9 B
Slightly volatile
Net Income17.9 B17.1 B11.7 B
Slightly volatile
End Period Cash Flow74.9 B71.3 B44.9 B
Slightly volatile
Stock Based Compensation939.6 M859 M844 M
Pretty Stable
Issuance Of Capital Stock4.8 B3.8 B5.7 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.132.583.0064
Very volatile
Dividend Yield0.04240.04140.0411
Slightly volatile
PTB Ratio1.51.181.6837
Slightly volatile
Days Sales Outstanding94.02177129
Slightly volatile
Book Value Per Share80.076.1954.3979
Slightly volatile
Average Payables1.6 B2.5 B2.5 B
Very volatile
Stock Based Compensation To Revenue0.02290.0160.0206
Very volatile
Capex To Depreciation0.930.861.1706
Slightly volatile
PB Ratio1.51.181.6837
Slightly volatile
ROIC0.04330.04560.1302
Slightly volatile
Net Income Per Share10.099.617.8325
Slightly volatile
Sales General And Administrative To Revenue0.07110.07490.3381
Slightly volatile
Capex To Revenue0.0290.04580.0415
Slightly volatile
Cash Per Share144137112
Slightly volatile
Interest Coverage0.380.41.6954
Slightly volatile
Payout Ratio0.550.430.5448
Slightly volatile
ROE0.120.110.1409
Very volatile
PE Ratio14.2211.9212.8993
Slightly volatile
Return On Tangible Assets0.00610.00670.0081
Very volatile
Earnings Yield0.09020.110.0848
Slightly volatile
Intangibles To Total Assets0.00860.00830.0104
Pretty Stable
Current Ratio0.250.268.9655
Slightly volatile
Tangible Book Value Per Share67.4364.2244.5471
Slightly volatile
Receivables Turnover3.772.143.0966
Slightly volatile
Graham Number13512897.2962
Slightly volatile
Shareholders Equity Per Share79.9376.1353.9713
Slightly volatile
Debt To Equity3.493.321.9344
Slightly volatile
Capex Per Share1.851.771.2669
Slightly volatile
Average Receivables10 B9.5 B9.8 B
Slightly volatile
Revenue Per Share36.4634.7228.1049
Slightly volatile
Interest Debt Per Share337321143
Slightly volatile
Debt To Assets0.20.21680.1124
Slightly volatile
Price Earnings Ratio14.2211.9212.8993
Slightly volatile
Price Book Value Ratio1.51.181.6837
Slightly volatile
Dividend Payout Ratio0.550.430.5448
Slightly volatile
Pretax Profit Margin0.240.310.3255
Slightly volatile
Ebt Per Ebit0.360.610.6208
Slightly volatile
Operating Profit Margin0.870.580.593
Very volatile
Company Equity Multiplier21.9219.618.1012
Pretty Stable
Long Term Debt To Capitalization0.690.660.5524
Slightly volatile
Total Debt To Capitalization0.740.710.5627
Slightly volatile
Return On Capital Employed0.03320.02940.0219
Very volatile
Debt Equity Ratio3.493.321.9344
Slightly volatile
Ebit Per Revenue0.870.580.593
Very volatile
Quick Ratio0.250.2611.9769
Slightly volatile
Net Income Per E B T0.580.720.7823
Slightly volatile
Cash Ratio0.150.161.4805
Slightly volatile
Days Of Sales Outstanding94.02177129
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.740.810.9448
Slightly volatile
Price To Book Ratio1.51.181.6837
Slightly volatile
Fixed Asset Turnover7.527.1610.0726
Slightly volatile
Debt Ratio0.20.21680.1124
Slightly volatile
Price Sales Ratio2.132.583.0064
Very volatile
Return On Assets0.00610.00670.008
Very volatile
Asset Turnover0.03990.03080.0327
Slightly volatile
Net Profit Margin0.170.250.2554
Pretty Stable
Gross Profit Margin0.730.940.9468
Pretty Stable
Price Fair Value1.51.181.6837
Slightly volatile
Return On Equity0.120.110.1409
Very volatile

Royal Bank Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap174 B165.8 B170.5 B
Slightly volatile
Enterprise Value41.2 B39.2 B40.3 B
Slightly volatile

Royal Fundamental Market Drivers

Forward Price Earnings13.3156
Cash And Short Term Investments212 B

About Royal Bank Financial Statements

Royal Bank investors utilize fundamental indicators, such as revenue or net income, to predict how Royal Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue4.4 B4.6 B
Total Revenue64.7 B67.9 B
Cost Of Revenue2.4 B2.7 B
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.07  0.07 
Capex To Revenue 0.05  0.03 
Revenue Per Share 34.72  36.46 
Ebit Per Revenue 0.58  0.87 

Pair Trading with Royal Bank

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Royal Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Royal Bank will appreciate offsetting losses from the drop in the long position's value.

Moving together with Royal Stock

  0.79FFH Fairfax FinancialPairCorr
The ability to find closely correlated positions to Royal Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Royal Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Royal Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Royal Bank of to buy it.
The correlation of Royal Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Royal Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Royal Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Royal Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Royal Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royal Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Royal Bank Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Of Stock:
Check out the analysis of Royal Bank Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Please note, there is a significant difference between Royal Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.