Royal Bank Of Canada RY
NYSE RY
$206.82 -2.18 (-1.04%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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