Royal Bank of Canada Past Earnings Performance
Past criteria checks 2/6
Royal Bank of Canada has been growing earnings at an average annual rate of 6.1%, while the Banks industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 5% per year. Royal Bank of Canada's return on equity is 13%, and it has net margins of 26.8%.
Key information
6.1%
Earnings growth rate
6.8%
EPS growth rate
Banks Industry Growth | 11.2% |
Revenue growth rate | 5.0% |
Return on equity | 13.0% |
Net Margin | 26.8% |
Next Earnings Update | 30 Nov 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Royal Bank of Canada makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Jul 23 | 53,541 | 14,370 | 25,855 | 0 |
30 Apr 23 | 51,460 | 14,075 | 24,526 | 0 |
31 Jan 23 | 50,102 | 14,676 | 23,597 | 0 |
31 Oct 22 | 48,501 | 15,547 | 22,774 | 0 |
31 Jul 22 | 48,918 | 15,557 | 22,219 | 0 |
30 Apr 22 | 50,422 | 16,277 | 22,362 | 0 |
31 Jan 22 | 50,574 | 16,033 | 22,421 | 0 |
31 Oct 21 | 50,446 | 15,781 | 22,391 | 0 |
31 Jul 21 | 48,508 | 15,135 | 21,965 | 0 |
30 Apr 21 | 47,457 | 14,030 | 21,905 | 0 |
31 Jan 21 | 43,246 | 11,512 | 21,374 | 0 |
31 Oct 20 | 42,830 | 11,164 | 21,138 | 0 |
31 Jul 20 | 43,036 | 11,128 | 21,247 | 0 |
30 Apr 20 | 41,910 | 11,193 | 20,843 | 0 |
31 Jan 20 | 45,480 | 12,934 | 20,844 | 0 |
31 Oct 19 | 44,138 | 12,591 | 20,407 | 0 |
31 Jul 19 | 43,583 | 12,630 | 20,115 | 0 |
30 Apr 19 | 43,143 | 12,464 | 19,982 | 0 |
31 Jan 19 | 41,850 | 12,282 | 19,613 | 0 |
31 Oct 18 | 41,269 | 12,115 | 19,355 | 0 |
31 Jul 18 | 41,242 | 11,696 | 19,114 | 0 |
30 Apr 18 | 40,331 | 11,372 | 18,918 | 0 |
31 Jan 18 | 40,661 | 11,117 | 18,795 | 0 |
31 Oct 17 | 39,519 | 11,128 | 18,577 | 0 |
31 Jul 17 | 38,527 | 10,829 | 18,418 | 0 |
30 Apr 17 | 38,696 | 10,923 | 17,996 | 0 |
31 Jan 17 | 37,652 | 10,685 | 17,678 | 0 |
31 Oct 16 | 37,249 | 10,111 | 17,406 | 0 |
31 Jul 16 | 35,677 | 10,168 | 16,776 | 0 |
30 Apr 16 | 34,298 | 9,766 | 16,449 | 0 |
31 Jan 16 | 33,780 | 9,706 | 16,315 | 0 |
31 Oct 15 | 34,205 | 9,734 | 16,090 | 0 |
31 Jul 15 | 34,517 | 9,491 | 15,862 | 0 |
30 Apr 15 | 34,666 | 9,389 | 15,746 | 0 |
31 Jan 15 | 34,150 | 9,086 | 15,381 | 0 |
31 Oct 14 | 32,844 | 8,697 | 15,118 | 0 |
31 Jul 14 | 32,492 | 8,441 | 15,029 | 0 |
30 Apr 14 | 30,686 | 8,341 | 14,658 | 0 |
31 Jan 14 | 30,084 | 8,039 | 14,489 | 0 |
31 Oct 13 | 29,445 | 7,991 | 14,113 | 0 |
31 Jul 13 | 28,996 | 7,798 | 14,053 | 0 |
30 Apr 13 | 29,527 | 7,753 | 13,825 | 0 |
31 Jan 13 | 28,673 | 7,405 | 13,529 | 0 |
Quality Earnings: RY.PRT has high quality earnings.
Growing Profit Margin: RY.PRT's current net profit margins (26.8%) are lower than last year (31.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RY.PRT's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: RY.PRT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RY.PRT had negative earnings growth (-7.6%) over the past year, making it difficult to compare to the Banks industry average (1.6%).
Return on Equity
High ROE: RY.PRT's Return on Equity (13%) is considered low.