Royal Bank of Canada (RYLBF) stock
RYLBFOTCCommercial Banks, NECFiscal year ends October 31Also trades as RY
$19.50+0.00 (0.00%)
Close on Oct 19, 2026Market cap $286.53BP/E 18.0Yield –
Royal Bank of Canada profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Royal Bank of Canada's profit margin for the twelve months ending Jul 31, 2026 was 32.0%. For fiscal 2025 it was 30.6%, against 28.3% the year before. The highest annual figure on record is 32.3% in fiscal 2021.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Oct 31, 2025 | 30.6% | +2.3 |
| FY2024 | Oct 31, 2024 | 28.3% | −0.1 |
| FY2023 | Oct 31, 2023 | 28.4% | −3.9 |
| FY2022 | Oct 31, 2022 | 32.2% | −0.0 |
| FY2021 | Oct 31, 2021 | 32.3% | +8.0 |
| FY2020 | Oct 31, 2020 | 24.2% | −3.7 |
| FY2019 | Oct 31, 2019 | 28.0% | −1.2 |
| FY2018 | Oct 31, 2018 | 29.1% | +1.0 |
| FY2017 | Oct 31, 2017 | 28.1% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Jul 31, 2026 | 32.5% | +0.6 |
| Q2 FY2026 | Apr 30, 2026 | 31.6% | +3.6 |
| Q1 FY2026 | Jan 31, 2026 | 32.2% | +1.6 |
| Q4 FY2025 | Oct 31, 2025 | 31.6% | +3.6 |
| Q3 FY2025 | Jul 31, 2025 | 31.9% | +1.2 |
| Q2 FY2025 | Apr 30, 2025 | 28.0% | +0.1 |
| Q1 FY2025 | Jan 31, 2025 | 30.6% | +4.1 |
| Q4 FY2024 | Oct 31, 2024 | 28.0% | −3.0 |
| Q3 FY2024 | Jul 31, 2024 | 30.6% | +0.9 |
| Q2 FY2024 | Apr 30, 2024 | 27.9% | −1.7 |
| Q1 FY2024 | Jan 31, 2024 | 26.5% | +3.1 |
| Q4 FY2023 | Oct 31, 2023 | 31.0% | +0.2 |
| Q3 FY2023 | Jul 31, 2023 | 29.7% | +0.3 |
| Q2 FY2023 | Apr 30, 2023 | 29.6% | −8.3 |
| Q1 FY2023 | Jan 31, 2023 | 23.4% | −7.9 |
| Q4 FY2022 | Oct 31, 2022 | 30.8% | −0.6 |
| Q3 FY2022 | Jul 31, 2022 | 29.5% | −4.2 |
| Q2 FY2022 | Apr 30, 2022 | 37.9% | +3.3 |
| Q1 FY2022 | Jan 31, 2022 | 31.3% | +1.6 |
| Q4 FY2021 | Oct 31, 2021 | 31.4% | +2.1 |
| Q3 FY2021 | Jul 31, 2021 | 33.6% | +8.9 |
| Q2 FY2021 | Apr 30, 2021 | 34.5% | +20.2 |
| Q1 FY2021 | Jan 31, 2021 | 29.7% | +2.4 |
| Q4 FY2020 | Oct 31, 2020 | 29.3% | +1.1 |
| Q3 FY2020 | Jul 31, 2020 | 24.7% | −3.5 |
| Q2 FY2020 | Apr 30, 2020 | 14.4% | −13.7 |
| Q1 FY2020 | Jan 31, 2020 | 27.3% | −0.1 |
| Q4 FY2019 | Oct 31, 2019 | 28.2% | −2.3 |
| Q3 FY2019 | Jul 31, 2019 | 28.3% | +0.1 |
| Q2 FY2019 | Apr 30, 2019 | 28.1% | −2.3 |
| Q1 FY2019 | Jan 31, 2019 | 27.4% | −0.4 |
| Q4 FY2018 | Oct 31, 2018 | 30.4% | – |
| Q3 FY2018 | Jul 31, 2018 | 28.1% | – |
| Q2 FY2018 | Apr 30, 2018 | 30.3% | – |
| Q1 FY2018 | Jan 31, 2018 | 27.7% | – |