Royal Bank of Canada revenue and financials

RY · NYSE · USD

Secondary listing. The primary listing is Royal Bank of Canada · TSX (CAD)

$196.35+0.86%+$1.68

Close · October 6, 2026

In the fiscal year ended October 2025, Royal Bank of Canada reported revenue of $62.24B (+15.03% year over year). Net income was $20.36B, a net margin of 32.7%.

Annual revenue · 2025: $62.24B

$40.67B2017
$42.58B2018
$46B2019
$47.18B2020
$50.45B2021
$48.5B2022
$49B2023
$54.11B2024
$62.24B2025

Fiscal year ending in October. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +15.03%; FY to Oct 2025 vs FY to Oct 2024
Net income growth: +25.46%; FY to Oct 2025 vs FY to Oct 2024
Net margin: 32.7%; FY to Oct 2024: 30.0%

Financial data

Amounts in millions of CAD; per-share values in CAD; shares in millions.

Balance sheet · Annual
Item	FY to Oct 2025	FY to Oct 2024	FY to Oct 2023	FY to Oct 2022	FY to Oct 2021	FY to Oct 2020	FY to Oct 2019	FY to Oct 2018	FY to Oct 2017	FY to Oct 2016
Total assets	2,325,006	2,171,582	2,006,531	1,917,219	1,706,323	1,624,548	1,428,935	1,334,734	1,212,853	1,180,258
Cash and equivalents	34,024	54,723	58,989	70,397	111,846	115,888	23,710	27,809	26,107	11,629
Short-term investments	77,891	44,383	78,929	60,188	—	—	—	—	—	—
Receivables	41,207	32,888	29,794	26,239	—	—	—	—	—	—
Net property, plant and equipment	6,819	6,852	6,749	7,214	7,424	7,934	3,191	2,832	2,670	2,836
Goodwill	19,405	19,286	12,594	12,277	10,854	11,302	11,236	11,137	10,977	11,156
Other intangible assets	7,402	7,798	5,903	6,083	—	—	—	—	—	—
Long-term investments	562,617	440,753	410,231	318,934	—	—	—	—	—	—
Accounts payable	22,934	22,971	20,581	17,285	—	—	—	—	—	—
Long-term debt	353,809	324,362	316,919	277,768	—	—	—	—	—	—
Total debt	545,439	463,411	439,351	425,176	—	—	—	—	—	—
Total liabilities	2,185,855	2,044,390	1,891,384	1,809,044	1,607,561	1,537,781	1,345,310	1,254,779	1,138,425	—
Total equity (incl. minority)	139,151	127,192	115,147	108,175	98,762	—	—	—	—	—
Retained earnings	96,938	88,608	81,715	78,037	71,795	59,806	55,981	51,112	45,359	41,519
Minority interest	59.0	103	99.0	111	95.0	103	102	94.0	599	595