MARKETS / NYSE / RY
NYSE · COMMERCIAL BANKS, NEC

Royal Bank of Canada RY

9 fiscal years on record · CAD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
CAD 66.6B
▲ 16.1% vs FY2024
EPS · FY25
CAD 14.07
Dividend / sh · FY25
Payout · FY25
42%
ROE · FY25
15.3%
Net margin · FY25
30.6%
Dividend coverage
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Result
CAD 66.6B
Revenue, FY2025 · full 9-year series below
Revenue Net income
2040608066.620.42017202020232025
2040608066.620.42017202020232025

31 cents of every revenue dollar became profit this year.

Per share
CAD 14.07
Diluted EPS, FY2025
EPS
5101514.072017202020232025
5101514.072017202020232025

The company pays no cash dividend.

Profitability
15.3%
Return on equity, FY2025
ROE
510152015.3%2017202020232025
510152015.3%2017202020232025
Operating margin
Net margin30.6%
Return on assets0.9%

Each CAD of equity produced 15 cents of profit this year.

Returned to shareholders
CAD 8.5B
returned in FY2025 · dividends + net buybacks
Dividends paidCAD 8.5B
Net buybacks
Share of profit41.8%
Consecutive raises

CAD 8.5B in dividends — 42% of the year's profit went back to shareholders.

Growth
+7.1% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+10.8%
+7.1%
Net income
+8.8%
+12.2%
EPS, diluted
+8.4%
+12.5%
Returned to shareholders
−10.3%
−1.9%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
CAD 2.33T
total assets, end of FY2025
Total assetsCAD 2.33T
EquityCAD 139.1B
CashCAD 37.0B
DepositsCAD 39.6B

Equity funds 6% of total assets.

History
9 fiscal years
Every figure from documents filed with the SEC · CAD
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
Shares out B
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
18 of 18
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed