Royal Bank Of Canada (RY) Current Taxes (2017 - 2024)
Royal Bank Of Canada (RY) posted Current Taxes of $1.8 billion for Q4 2024, down 19.61% on a QoQ basis from $2.2 billion in Q4 2023, and down 19.61% year-over-year from $2.2 billion in Q4 2023.
Analysis
Royal Bank Of Canada (RY) Current Taxes (2017 - 2024) Analysis & Trends
Royal Bank Of Canada has reported Current Taxes for 8 years, with the latest figure at $1.8 billion in Q4 2024.
- On a quarterly basis, Current Taxes fell 19.61% year-over-year to $1.8 billion in Q4 2024; TTM through Oct 2024 was $1.8 billion, a 19.61% decrease from a year earlier, with the FY2024 full-year figure at $1.8 billion, down 19.78% from the prior year.
- Current Taxes was $1.8 billion for Q4 2024 at Royal Bank Of Canada, down from $2.2 billion in the prior quarter.
- The five-year high for Current Taxes was $2.7 billion in Q4 2021, with the low at $1.6 billion in Q4 2022.
- Average Current Taxes over 5 years is $2.0 billion, with a median of $1.8 billion recorded in 2024.
- The sharpest annual moves came in 2021 and 2022: Current Taxes jumped 62.02% in 2021, then sank 40.59% in 2022.
- Over 5 years, Current Taxes stood at $1.7 billion in 2020, then soared by 62.02% to $2.7 billion in 2021, then tumbled by 40.59% to $1.6 billion in 2022, then surged by 35.83% to $2.2 billion in 2023, then fell by 19.61% to $1.8 billion in 2024.
- The last three Current Taxes figures came in at $1.8 billion (Q4 2024), $2.2 billion (Q4 2023), and $1.6 billion (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,145.36 Bn | 1,556.87 Bn | 30.39 Bn | - |
| 2 | Morgan Stanley | 335.03 Bn | 174.89 Bn | - | - |
| 3 | Goldman Sachs | 309.45 Bn | -666.90 Bn | - | - |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 291.49 Bn | 64.61 Bn | - | - |
| 6 | Wells Fargo & Company | 272.88 Bn | 68.91 Bn | - | - |
| 7 | American Express | 218.59 Bn | 169.28 Bn | 17.99 Bn | - |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | 4.44 Bn |
| 9 | Toronto Dominion Bank | 205.88 Bn | 44.55 Bn | - | - |
| 10 | Schwab Charles | 185.06 Bn | 111.46 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2024 | 1.76 Bn |
| Oct 31, 2023 | 2.18 Bn |
| Oct 31, 2022 | 1.61 Bn |
| Oct 31, 2021 | 2.71 Bn |
| Oct 31, 2020 | 1.67 Bn |
| Oct 31, 2019 | 1.66 Bn |
| Oct 31, 2018 | 1.59 Bn |
| Oct 31, 2017 | 1.87 Bn |