Royal Income Tax Expense from 2010 to 2024

RY Stock  USD 125.08  0.01  0.01%   
Royal Bank Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense will likely drop to about 177.3 M in 2024. During the period from 2010 to 2024, Royal Bank Income Tax Expense regression line of annual values had r-squared of  0.000091 and arithmetic mean of  2,077,953,980. View All Fundamentals
 
Income Tax Expense  
First Reported
1994-04-30
Previous Quarter
976 M
Current Value
887 M
Quarterly Volatility
1.2 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 2.13, 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.
  
Check out the analysis of Royal Bank Correlation against competitors.

Latest Royal Bank's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Royal Bank of over the last few years. It is Royal Bank's Income Tax Expense 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 Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Royal Income Tax Expense Regression Statistics

Arithmetic Mean2,077,953,980
Geometric Mean1,169,327,794
Coefficient Of Variation74.41
Mean Deviation1,260,461,360
Median2,351,000,000
Standard Deviation1,546,205,194
Sample Variance2390750.5T
Range4.4B
R-Value0.01
Mean Square Error2574421.4T
R-Squared0.000091
Significance0.97
Slope3,289,185
Total Sum of Squares33470507T

Royal Income Tax Expense History

2024177.3 M
20223.6 B
20214.3 B
20204.6 B
2019B
2018B
2017186.6 M

About Royal Bank Financial Statements

Royal Bank investors use historical fundamental indicators, such as Royal Bank's Income Tax Expense, 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 Tax Expense186.6 M177.3 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.