Royal Bank of Canada (RY US)
RY US$206.03
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Performance
Share price activity
- Last (Price)
- 206.03
- Change
- ▲ 1.26 (0.62)
- Bid / Ask
- 0.00 - 0.00
- Volume
- 164,980
- Turnover
- 27,350,666
- Open
- 205.07
- Day Range
- 205.06 - 208.12
- VWAP
- 206.13
- Prev Close
- 204.77
- Last Trade
- 29/10 4:10pm
Key information
- Sector
- Financial Services
- Shares Issued
- 1,383,972,659
- NTA/Share
- 80.24
- Last Dividend
- 1.76
- Dividend Ex Date
- 26 OCT 2026
- Dividend Pay Date
- 24 NOV 2026
Current (CAD) · FY2025
- Revenue
- 66,532.00
- EBITDA
- —
- Profit
- 19,868.00
- Earnings Per Share (EPS)
- 14.07
- Dividend Per Share (DPS)
- 6.04
- Yield %
- 2.40
- Market Cap
- 285,234.07
- Price to Earnings Ratio (P/E)
- 18.18
Estimates (CAD) · FY2026
- Revenue
- 72,396.25
- EBITDA
- —
- Profit
- 22,969.33
- Earnings Per Share (EPS)
- 16.47
- Dividend Per Share (DPS)
- 6.80
Quantitative rating
Overvalued
- Economic Moat
- Wide
- Financial Health
- Moderate
- Uncertainty
- High
Morningstar Quantitative Rating as of 28 OCT 2026.
Quantitative Equity Rating Methodology – view here
Fair value estimate
Five-star price 149.53 Fair value 184.29 One-star price 227.11
Morningstar Quantitative Rating as of 28 OCT 2026.
Quantitative valuation
- Fair Value
- 184.29
- Price / Fair Value
- 1.11
- Valuation
- Overvalued
- Uncertainty
- High
Morningstar Quantitative Rating as of 28 OCT 2026. The slider runs from the five-star price (149.53) to the one-star price (227.11).
| Ratios |
|---|
| Currency (Price/reporting): USD/CAD |
| Exchange Rate: 0.7145 |
| Price - closing or last bid | 204.77 |
| Price - 12 month high | 218.50 |
| Price - 12 month low | 143.41 |
| Pricing date | 27 OCT 2026 |
| Volume - avg. trading volume for the last ten days | 1.85 |
| Market capitalization | 283,489.69 |
| 12 Month High price date | 16 JUL 2026 |
| 12 Month Low price date | 7 NOV 2025 |
| Volume - avg. trading volume for the last 3 months | 1.27 |
| Price - 1 Day % Change | 0.86% |
| Price - 13 week price percent change | -3.58% |
| Price - 26 week price percent change | 15.19% |
| Price - 5 Day % Change | 1.36% |
| Price - 52 week price percent change | 37.38% |
| Price - YTD price percent change | 19.34% |
| Price % Change Month To Date | 1.90% |
| EPS excluding extraordinary items - most recent fiscal year | 14.070 |
| EPS excluding extraordinary items - trailing 12 month | 15.860 |
| EPS Normalized - most recent fiscal year | 14.430 |
| Revenue/share - most recent fiscal year | 47.133 |
| Revenue/share - trailing 12 month | 50.790 |
| Book value per share - most recent fiscal year | 91.005 |
| Book value per share - most recent quarter | 96.726 |
| Book value (tangible) per share - most recent fiscal year | 80.239 |
| Book value (tangible) per share - most recent quarter | 85.422 |
| Cash per share - most recent fiscal year | 62.415 |
| Cash per share - most recent quarter | 82.752 |
| Cash Flow per share - most recent fiscal year | 19.403 |
| Cash Flow per share - trailing 12 month | 20.929 |
| Dividend per share - most recent fiscal year | 6.040 |
| Dividends per share - trailing 12 month | 4.916 |
| EBITD per share - trailing 12 month | — |
| EPS Basic excluding extraordinary items - most recent fiscal year | 14.100 |
| EPS Basic excluding extraordinary items - trailing 12 month | 15.900 |
| EPS including extraordinary items - most recent fiscal year | 14.100 |
| EPS including extraordinary items - trailing 12 month | 15.900 |
| Free Cash Flow per share - trailing 12 month | 19.251 |
| P/E excluding extraordinary items, most recent fiscal year | 17.89 |
| P/E Normalized, most recent fiscal year | 17.62 |
| Price to sales - most recent fiscal year | 5.59 |
| Price to Tangible Book - most fiscal year | 3.71 |
| Price to Free Cash Flow per Share - most recent fiscal year | 14.74 |
| Price to Cash Flow per share - trailing 12 month | 13.56 |
| Price to Book - most recent fiscal year | 2.97 |
| P/E excluding extraordinary items high, trailing 12 months | 19.56 |
| P/E excluding extraordinary items low, trailing 12 months | 15.10 |
| Net Debt, LFI | 1,868,764.00 |
| Net Debt, LFY | 1,739,095.00 |
| Dividend Yield - 5 Year Average | 3.33% |
| Dividend Yield - indicated annual dividend divided by closing price | 2.42% |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 2.40% |
| Free Cash Flow - most recent fiscal year | 18,519.00 |
| LT debt/equity - most recent fiscal year | — |
| Payout ratio - most recent fiscal year | 42.93% |
| Total debt/total equity - most recent fiscal year | 1,312.59% |
| LT debt/equity - most recent quarter | — |
| Total debt/total equity - most recent quarter | 1,366.93% |
| Free Cash Flow - trailing 12 month | 26,933.00 |
| Payout ratio - trailing 12 month | 41.49% |
| Revenue - most recent fiscal year | 66,532.00 |
| Revenue - trailing 12 month | 71,059.00 |
| EBITD - most recent fiscal year | — |
| EBITD - trailing 12 month | — |
| Earnings before taxes - most recent fiscal year | 25,651.00 |
| Earnings before taxes - trailing 12 month | 29,088.00 |
| Net Income available to common - most recent fiscal year | 19,868.00 |
| Net Income available to common - trailing 12 months | 22,187.00 |
| Earnings before taxes Normalized - most recent fiscal year | 25,728.00 |
| Net Income Available to Common, Normalized - most recent fiscal year | 20,369.00 |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 16.11 |
| Net Profit Margin % - 1st historical fiscal year | 30.62% |
| Net Profit Margin % - trailing 12 month | 32.02% |
| Operating margin - 1st historical fiscal year | — |
| Operating margin - trailing 12 month | — |
| Pretax margin - trailing 12 month | 40.94% |
| Pretax margin - 1st historical fiscal year | 38.55% |
| Operating Margin - 5 year average | — |
| Pretax Margin - 5 year average | 38.24% |
| Free Operating Cash Flow/Revenue, 5 Year Average | 33.83% |
| Free Operating Cash Flow/Revenue, TTM | 37.90% |
| Net Profit Margin - 5 year average | 30.40% |
| Return on average assets - most recent fiscal year | 0.91% |
| Return on average assets - trailing 12 month | 0.96% |
| Return on average equity - most recent fiscal year | 16.58% |
| Return on average equity - trailing 12 month | 17.67% |
| Return on average assets - 5 year average | 0.86% |
| Return on average equity - 5 year average | 15.97% |
| Net Income/employee - most recent fiscal year | 203,690.00 |
| Revenue/employee - most recent fiscal year | 665,320.00 |
| Revenue growth rate, 5 year | 7.15% |
| EPS growth rate, 5 year | 12.47% |
| Growth rate% - dividend, 3 year | 6.79% |
| Revenue/share (5 yr growth) | 7.41% |
| Growth rate% - Revenue, 3 year | 10.90% |
| Growth rate% - EPS, 3 year | 8.35% |
| Book value per share growth rate, 5 year | 9.91% |
| Capital Spending growth rate, 5 year | -3.13% |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | — |
Financial forecast (CAD, millions except per share)
| Actuals | Estimates | |||||||
| 2025 | 2026 | 2027 | 2028 | |||||
| Estimate breakdown | ||||||||
Financials (CAD, millions)
| Period end: | OCT 21 | OCT 22 | OCT 23 | OCT 24 | OCT 25 |
| Fiscal year: | 2021 | 2022 | 2023 | 2024 | 2025 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
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Business Summary
Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.5 trillion in assets at the end of July 2026. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital markets businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.