C$297.74
+0.67%
N/A+C$1.97
Financial Services
Banks - Diversified
TSX
Active Trading
Royal Bank of Canada functions as a globally diversified financial services powerhouse. Its Personal & Commercial Banking arm extends a wide array ...
Financial highlights
Latest / TTM · 6 periods
Snapshot
Latest / TTM: 2026-07-22
Gross Margin
—
Net Margin
—
P/E Ratio
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Debt / Equity
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Profitability
Profitability table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Gross MarginGross profit as a percentage of revenue. | 100.0% | 100.0% | 100.0% | 100.0% | 45.3% | — |
| Operating MarginOperating income as a percentage of revenue. | 55.6% | 53.0% | 46.4% | 45.8% | 18.7% | — |
| Net MarginNet income as a percentage of revenue. | 31.8% | 32.6% | 29.8% | 30.0% | 14.8% | — |
| EBITDA MarginEBITDA divided by revenue. | 5.1% | 5.5% | 5.8% | 5.5% | 20.9% | — |
| Pre-tax MarginPre-tax profit as a percentage of revenue. | 40.9% | 41.5% | 37.1% | 36.7% | 18.7% | — |
Liquidity & leverage
Liquidity & leverage table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Current RatioCurrent assets divided by current liabilities. | 0.21 | 0.21 | 0.18 | 0.14 | 0.13 | — |
| Quick RatioLiquid assets divided by current liabilities. | 0.21 | 0.21 | 0.18 | 0.14 | 0.13 | — |
| Cash RatioCash and equivalents divided by current liabilities. | 0.16 | 0.14 | 0.10 | 0.08 | 0.06 | — |
| Debt / AssetsDebt as a share of total assets. | 33.2% | 36.5% | 38.6% | 35.9% | 35.9% | — |
| Debt / EquityDebt compared with shareholder equity. | 5.75 | 6.47 | 6.58 | 6.13 | 6.00 | — |
Operating efficiency
Operating efficiency table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Receivables TurnoverHow often receivables are collected in a year. | 2.24x | 1.85x | 1.64x | 1.65x | 3.33x | — |
| Inventory TurnoverHow often inventory is sold in a year. | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | — |
| Payables TurnoverHow often payables are paid in a year. | 0.00x | 0.00x | 0.00x | 0.00x | 3.28x | — |
| Asset TurnoverRevenue generated per dollar of assets. | 0.03x | 0.03x | 0.02x | 0.02x | 0.06x | — |
| Working Capital TurnoverRevenue generated per dollar of working capital. | -0.15x | -0.05x | -0.05x | -0.05x | -0.11x | — |
Valuation ratios
Valuation ratios table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| P/E RatioPrice paid for each dollar of earnings. | 11.67x | 11.38x | 10.54x | 14.97x | 14.57x | — |
| P/B RatioPrice paid for each dollar of book value. | 1.87x | 1.64x | 1.31x | 1.87x | 2.08x | — |
| P/S RatioPrice paid for each dollar of sales. | 3.65x | 3.65x | 3.14x | 4.40x | 2.11x | — |
| P/FCF RatioPrice paid for each dollar of free cash flow. | 3.13x | 9.10x | 6.60x | 11.42x | 5.47x | — |
| Dividend YieldAnnual dividend divided by current share price. | 3.5% | 3.9% | 3.6% | 2.8% | 3.0% | — |