RY
Income statement / Annual
Last year (2024), Royal Bank of Canada's total revenue was $57.49 B,
an increase of 7.14% from the previous year.
In 2024, Royal Bank of Canada's net income was $16.23 B.
See Royal Bank of Canada,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
10/31/2024 |
10/31/2023 |
10/31/2022 |
10/31/2021 |
10/31/2020 |
10/31/2019 |
10/31/2018 |
10/31/2017 |
10/31/2016 |
10/31/2015 |
| Operating Revenue |
$57.49 B |
$53.66 B |
$48.78 B |
$49.54 B |
$47.10 B |
$45.93 B |
$42.56 B |
$40.12 B |
$37.67 B |
$35.17 B |
| Cost of Revenue |
$0.00
|
-$2.60 B
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$2.72 B
|
$3.05 B
|
$3.42 B
|
$3.04 B
|
| Gross Profit |
$57.49 B
|
$56.26 B
|
$48.78 B
|
$49.54 B
|
$47.10 B
|
$45.93 B
|
$39.84 B
|
$37.07 B
|
$34.25 B
|
$32.13 B
|
| Gross Profit Ratio |
1
|
1.05
|
1
|
1
|
1
|
1
|
0.94
|
0.92
|
0.91
|
0.91
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$21.08 B
|
$3.49 B
|
$18.31 B
|
$20.43 B
|
$18.94 B
|
$18.69 B
|
$16.45 B
|
$16.38 B
|
$15.63 B
|
$14.55 B
|
| Selling & Marketing Expenses |
$0.00
|
$22.99 B
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$21.08 B
|
$26.48 B
|
$18.31 B
|
$20.43 B
|
$18.94 B
|
$18.69 B
|
$16.45 B
|
$16.38 B
|
$15.63 B
|
$14.55 B
|
| Other Expenses |
$12.11 B
|
$0.00
|
-$28.94 B
|
-$49.35 B
|
-$51.66 B
|
-$48.71 B
|
-$23.06 B
|
-$29.06 B
|
-$28.71 B
|
-$26.20 B
|
| Operating Expenses |
$33.19 B
|
$26.48 B
|
-$10.63 B
|
-$28.92 B
|
-$32.72 B
|
-$30.02 B
|
-$9.28 B
|
-$12.67 B
|
-$13.08 B
|
-$11.65 B
|
| Cost And Expenses |
$33.19 B
|
$26.48 B
|
-$10.63 B
|
-$28.92 B
|
-$32.72 B
|
-$30.02 B
|
-$9.28 B
|
-$9.62 B
|
-$9.66 B
|
-$8.61 B
|
| Interest Income |
$104.95 B
|
$86.99 B
|
$40.77 B
|
$28.15 B
|
$34.88 B
|
$41.33 B
|
$33.02 B
|
$26.90 B
|
$24.45 B
|
$22.73 B
|
| Interest Expense |
$77.00 B
|
$61.86 B
|
$18.05 B
|
$8.14 B
|
$14.05 B
|
$21.58 B
|
$14.83 B
|
$9.76 B
|
$7.92 B
|
$7.96 B
|
| Depreciation & Amortization |
$2.98 B
|
$2.87 B
|
$2.63 B
|
$2.56 B
|
$2.61 B
|
$1.82 B
|
$1.65 B
|
$1.62 B
|
$1.54 B
|
$712.00 M
|
| EBITDA |
$27.28 B |
$21.56 B |
$22.63 B |
$23.06 B |
$16.92 B |
$17.66 B |
$17.39 B |
$15.95 B |
$14.67 B |
$13.71 B |
| EBITDA Ratio |
0
|
0.4
|
0.84
|
0.47
|
0.33
|
0.37
|
0.76
|
0.65
|
0.6
|
0.62
|
| Operating Income Ratio |
0
|
0.51
|
0.78
|
0.42
|
0.31
|
0.35
|
0.72
|
0.61
|
0.56
|
0.58
|
| Total Other Income/Expenses Net |
-$4.44 B
|
-$8.72 B
|
-$5.62 B
|
-$7.42 B
|
-$7.30 B
|
-$7.82 B
|
-$6.15 B
|
-$6.27 B
|
-$6.54 B
|
-$5.49 B
|
| Income Before Tax |
$19.86 B
|
$18.47 B
|
$20.11 B
|
$20.63 B
|
$14.39 B
|
$15.91 B
|
$15.76 B
|
$14.67 B
|
$13.30 B
|
$12.62 B
|
| Income Before Tax Ratio |
0.35
|
0.34
|
0.41
|
0.42
|
0.31
|
0.35
|
0.37
|
0.37
|
0.35
|
0.36
|
| Income Tax Expense |
$3.62 B
|
$3.60 B
|
$4.30 B
|
$4.58 B
|
$2.95 B
|
$3.04 B
|
$3.33 B
|
$3.20 B
|
$2.84 B
|
$2.60 B
|
| Net Income |
$16.23 B
|
$14.86 B
|
$15.79 B
|
$16.04 B
|
$11.43 B
|
$12.86 B
|
$12.40 B
|
$11.43 B
|
$10.41 B
|
$9.93 B
|
| Net Income Ratio |
0.28
|
0.28
|
0.32
|
0.32
|
0.24
|
0.28
|
0.29
|
0.28
|
0.28
|
0.28
|
| EPS |
10.96 |
10.15 |
11.08 |
11.08 |
7.84 |
8.78 |
8.59 |
7.59 |
6.8 |
6.75 |
| EPS Diluted |
11.23 |
10.32 |
11.06 |
11.06 |
7.82 |
8.75 |
8.55 |
7.56 |
6.78 |
6.73 |
| Weighted Average Shares Out |
$1.45 B
|
$1.42 B
|
$1.40 B
|
$1.42 B
|
$1.42 B
|
$1.43 B
|
$1.44 B
|
$1.47 B
|
$1.49 B
|
$1.44 B
|
| Weighted Average Shares Out Diluted |
$1.42 B
|
$1.39 B
|
$1.41 B
|
$1.43 B
|
$1.43 B
|
$1.44 B
|
$1.45 B
|
$1.47 B
|
$1.49 B
|
$1.45 B
|
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