NYSE · RY

Royal Bank of Canada financials

$199.80−0.57%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Oct 31
FY24
Oct 31
FY23
Oct 31
FY22
Oct 31
FY21
Oct 31
FY20
Oct 31
FY19
Oct 31
FY18
Oct 31
FY17
Oct 31
Revenue$97.80B$96.41B$81.66B$49.24B$46.71B$45.94B$51.32B$43.81B$39.12B
Gross profit$47.40B$41.15B$37.09B$35.98B$40.13B$35.40B$34.93B$32.36B$31.55B
Gross margin48.5%42.7%45.4%73.1%85.9%77.1%68.1%73.9%80.6%
Operating income$18.25B$14.25B$13.10B$14.77B$16.66B$10.80B$12.09B$11.98B$11.38B
Net income$14.14B$11.42B$10.35B$11.42B$12.74B$8.38B$9.56B$9.21B$8.63B
Net margin14.5%11.8%12.7%23.2%27.3%18.2%18.6%21.0%22.1%
Diluted EPS$10.01$8.07$7.44$8.12$8.93$5.87$6.64$6.35$5.86
EBITDA$18.25B$14.25B$13.10B$14.77B$16.66B$10.80B$12.09B$11.98B$11.38B
Operating cash flow$39.30B$16.61B$18.79B$16.12B$49.30B$104.16B$10.83B$13.28B$29.26B
Free cash flow$37.70B$14.97B$16.83B$14.28B$47.53B$102.19B$9.12B$11.78B$28.21B
Diluted shares1,411.6M1,413.8M1,392.5M1,406.0M1,426.7M1,428.8M1,440.7M1,450.5M1,474.4M

Balance sheet

Period endOct 31Oct 31Oct 31Oct 31Oct 31Oct 31
Cash & equivalents$26.35B$40.71B$44.67B$53.18B$91.94B$89.21B
Short-term investments$655.99B$614.85B$591.63B$546.55B$542.89B$471.10B
Total debt$45.44B$35.05B$289.70B$33.45B$38.31B$29.38B
Total assets$1.65T$1.56T$1.45T$1.41T$1.38T$1.22T
Total liabilities$1.56T$1.47T$1.36T$1.33T$1.30T$1.15T
Shareholders' equity$99.02B$91.28B$82.98B$79.46B$79.76B$65.11B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology