Royal Income Before Tax from 2010 to 2024

RY Stock  USD 125.09  3.30  2.71%   
Royal Bank Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax will likely drop to about 535.2 M in 2024. During the period from 2010 to 2024, Royal Bank Income Before Tax regression line of annual values had r-squared of  0.03 and arithmetic mean of  8,818,351,027. View All Fundamentals
 
Income Before Tax  
First Reported
1994-04-30
Previous Quarter
4.9 B
Current Value
5.4 B
Quarterly Volatility
5.4 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 3.5 B, Interest Expense of 0.0 or Selling General Administrative of 416.7 M, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.0416 or PTB Ratio of 1.51. Royal financial statements analysis is a perfect complement when working with Royal Bank Valuation or Volatility modules.
  
Check out the analysis of Royal Bank Correlation against competitors.

Latest Royal Bank's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Royal Bank of over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Royal Bank income statement and is an important metric when analyzing Royal Bank profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Royal Bank's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Royal Bank's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Royal Income Before Tax Regression Statistics

Arithmetic Mean8,818,351,027
Geometric Mean4,237,735,625
Coefficient Of Variation85.06
Mean Deviation6,055,632,649
Median8,017,000,000
Standard Deviation7,500,745,325
Sample Variance56261180.4T
Range20.2B
R-Value0.18
Mean Square Error58624728.5T
R-Squared0.03
Significance0.52
Slope301,987,792
Total Sum of Squares787656526.1T

Royal Income Before Tax History

2024535.2 M
202218.5 B
202120.1 B
202020.6 B
201914.4 B
201815.9 B
2017563.4 M

About Royal Bank Financial Statements

Royal Bank investors use historical fundamental indicators, such as Royal Bank's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Royal Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax563.4 M535.2 M

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Additional Tools for Royal Stock Analysis

When running Royal Bank's price analysis, check to measure Royal Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Bank is operating at the current time. Most of Royal Bank's value examination focuses on studying past and present price action to predict the probability of Royal Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Bank's price. Additionally, you may evaluate how the addition of Royal Bank to your portfolios can decrease your overall portfolio volatility.