Royal Bank Of Canada (RY) Cost of Revenue (2009 - 2023)
Royal Bank Of Canada (RY) posted Cost of Revenue of $67.8 million for Q4 2023, down 93.43% on a QoQ basis from $1.0 billion in Q3 2023, and down 22.31% year-over-year from $87.3 million in Q4 2022.
Analysis
Royal Bank Of Canada (RY) Cost of Revenue (2009 - 2023) Analysis & Trends
Royal Bank Of Canada has reported Cost of Revenue for 14 years, with the latest figure at $67.8 million in Q4 2023.
- On a quarterly basis, Cost of Revenue fell 22.31% year-over-year to $67.8 million in Q4 2023; TTM through Oct 2023 was $3.0 billion, a 78.18% increase from a year earlier, with the FY2023 full-year figure at $3.0 billion, up 115.19% from the prior year.
- Cost of Revenue was $67.8 million for Q4 2023 at Royal Bank Of Canada, 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.
- Average Cost of Revenue over 5 years is $692.2 million, with a median of $787.6 million recorded in 2019.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue slumped 89.36% in 2022, then soared 423.14% in 2023.
- Over 5 years, Cost of Revenue stood at $494.3 million in 2019, then retreated by 29.46% to $348.7 million in 2020, then jumped by 135.44% to $820.9 million in 2021, then sank by 89.36% to $87.3 million in 2022, then fell by 22.31% to $67.8 million in 2023.
- The last three Cost of Revenue figures came in at $67.8 million (Q4 2023), $1.0 billion (Q3 2023), and $743.5 million (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 1.17 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | - |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | - |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | 459.06 Mn |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | - |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 1.65 Bn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | 7.82 Bn |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | - |
| 10 | Schwab Charles | 181.98 Bn | 108.39 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2023 | 67.85 Mn |
| Jul 31, 2023 | 1.03 Bn |
| Apr 30, 2023 | 743.48 Mn |
| Jan 31, 2023 | 1.15 Bn |
| Oct 31, 2022 | 87.34 Mn |
| Jul 31, 2022 | 660.90 Mn |
| Apr 30, 2022 | 142.12 Mn |
| Jan 31, 2022 | 787.71 Mn |
| Oct 31, 2021 | 820.89 Mn |
| Jul 31, 2021 | 1.06 Bn |
| Apr 30, 2021 | 118.35 Mn |
| Jan 31, 2021 | 1.09 Bn |
| Oct 31, 2020 | 348.67 Mn |
| Jul 31, 2020 | 1.31 Bn |
| Apr 30, 2020 | 128.82 Mn |
| Jan 31, 2020 | 1.23 Bn |
| Oct 31, 2019 | 494.26 Mn |
| Jul 31, 2019 | 787.50 Mn |
| Apr 30, 2019 | 871.54 Mn |
| Jan 31, 2019 | 920.41 Mn |