Royal Tax Provision from 2010 to 2024

RY Stock  USD 125.09  3.30  2.71%   
Royal Bank Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 3.7 B in 2024. Tax Provision is the amount set aside by Royal Bank of to cover any estimated taxes for the current period. It reflects Royal Bank's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-01-31
Previous Quarter
976 M
Current Value
887 M
Quarterly Volatility
395.6 M
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Royal Bank of over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Royal Bank's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Royal Tax Provision Regression Statistics

Arithmetic Mean3,259,811,852
Geometric Mean3,196,890,289
Coefficient Of Variation20.96
Mean Deviation575,240,889
Median3,043,000,000
Standard Deviation683,158,747
Sample Variance466705.9T
Range2B
R-Value0.82
Mean Square Error163558.5T
R-Squared0.67
Significance0.0002
Slope125,465,159
Total Sum of Squares6533882.2T

Royal Tax Provision History

20243.7 B
20234.1 B
20223.6 B
20214.3 B
20204.6 B
2019B
2018B

About Royal Bank Financial Statements

Royal Bank investors use historical fundamental indicators, such as Royal Bank's Tax Provision, 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
Tax Provision4.1 B3.7 B

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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.