Royal Bank of Canada RY
What this company does
Written from the business description in ROYAL BANK OF CANADA's annual report to the U.S. Securities and Exchange Commission, filed 3 December 2025. Every sentence was checked against that document before publication.
Revenue compounded at +7.1% a year over five years — but profit grew faster: net income at +12.2%, earnings per share at +12.5%.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Each CAD of equity produced 15 cents of profit this year.
EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue CAD B | 66.6 | 57.3 | 51.5 | 49.0 | 49.7 | 47.2 | 46.0 | 42.6 | 40.7 |
| Operating income CAD B | · | · | · | · | · | · | · | · | · |
| EBITDA CAD B | · | · | · | · | · | · | · | · | · |
| Income tax CAD B | 5.3 | 3.6 | 3.6 | 4.3 | 4.6 | 3.0 | 3.0 | 3.3 | 3.2 |
| Net income CAD B | 20.4 | 16.2 | 14.6 | 15.8 | 16.0 | 11.4 | 12.9 | 12.4 | 11.4 |
| EPS, diluted CAD | 14.07 | 11.25 | 10.32 | 11.06 | 11.06 | 7.82 | 8.75 | 8.36 | 7.56 |
| Dividend / sh CAD | · | · | · | · | · | · | · | · | · |
| Payout % | 42 | 49 | 51 | 44 | 40 | 55 | 47 | 45 | 46 |
| ROE % | 15.3 | 13.4 | 13.1 | 15.3 | 17.3 | 13.4 | 15.7 | 16.1 | 15.5 |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
This company against its peers
Reconciled in 10 of 19 fiscal years. 29 checks could not be computed.