Royal Bank Of Canada (RY) Cost of Revenue (2009 - 2023)
Royal Bank Of Canada (RY) posted quarterly Cost of Revenue of $67.8 million for Q4 2023, down 22.31% year-over-year from $87.3 million in Q4 2022, and down 93.43% quarter-over-quarter from $1.0 billion in Q3 2023.
Royal Bank Of Canada (RY) Cost of Revenue (2009 - 2023) Analysis & Trends
Royal Bank Of Canada's Cost of Revenue history runs 15 years deep, the most recent figure standing at $67.8 million for Q4 2023.
- In Q4 2023, Cost of Revenue fell 22.31% year-over-year to $67.8 million; the TTM figure through Oct 2023 stood at $3.0 billion (up 78.18% YoY), while the FY2023 annual figure was $3.0 billion, up 115.19% from the prior year.
- Cost of Revenue for Q4 2023 stood at $67.8 million, down from $1.0 billion in the prior quarter.
- The five-year high for Cost of Revenue was $1.3 billion in Q3 2020, with the low at $67.8 million in Q4 2023.
- The 5-year median for Cost of Revenue is $787.6 million (2019), against an average of $692.2 million.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue slumped 89.36% in 2022, then jumped 423.14% in 2023.
- Royal Bank Of Canada's Cost of Revenue stood at $494.3 million in 2019, then declined by 29.46% to $348.7 million in 2020, then surged by 135.44% to $820.9 million in 2021, then sank by 89.36% to $87.3 million in 2022, then dropped by 22.31% to $67.8 million in 2023.
- Business Quant data shows RY's Cost of Revenue at $67.8 million in Q4 2023, $1.0 billion in Q3 2023, and $743.5 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | 1.17 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | - |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | - |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | 17.00 Mn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | - |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - | - |
| 10 | Bank of New York Mellon | 108.83 Bn | 47.61 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 31, 2023 | 67.85 Mn |
| Oct 31, 2023 | 67.85 Mn |
| Jul 31, 2023 | 1.03 Bn |
| Jul 31, 2023 | 1.03 Bn |
| Apr 30, 2023 | 743.48 Mn |
| Apr 30, 2023 | 743.48 Mn |
| Jan 31, 2023 | 1.15 Bn |
| Jan 31, 2023 | 1.15 Bn |
| Oct 31, 2022 | 87.34 Mn |
| Oct 31, 2022 | 87.34 Mn |
| Jul 31, 2022 | 660.90 Mn |
| Jul 31, 2022 | 660.90 Mn |
| Apr 30, 2022 | 142.12 Mn |
| Apr 30, 2022 | 142.12 Mn |
| Jan 31, 2022 | 787.71 Mn |
| Jan 31, 2022 | 787.71 Mn |
| Oct 31, 2021 | 820.89 Mn |
| Oct 31, 2021 | 820.89 Mn |
| Jul 31, 2021 | 1.06 Bn |
| Jul 31, 2021 | 1.06 Bn |