Royal Bank Of Canada (RY) Debt Ratio (2009 - 2026)
Royal Bank Of Canada's Debt Ratio came in at 0.22 for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 8.2% from 0.23 a year earlier and down 3.1% from the prior quarter.
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Analysis
Royal Bank Of Canada (RY) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Royal Bank Of Canada's Debt Ratio was 0.23, down 5.2% from FY2024.
- Debt Ratio has declined in each of the last four fiscal years.
- Going back by fiscal year, Debt Ratio was 0.24 in FY2024 (-71.2%), 0.83 in FY2023 (-0.9%), 0.84 in FY2022 (-1.9%) and 0.86 in FY2021 (+2.8%).
- The fiscal Q3 2026 figure represents the lowest quarterly Debt Ratio since fiscal Q3 2022.
- Year-over-year, Debt Ratio has declined for six consecutive quarters, with an average decline of 12.5% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in fiscal Q2 2024 (growth of 11.5%), and the weakest in fiscal Q4 2024 (a decline of 71.2%).
- Business Quant data shows RY's Debt Ratio at 0.22 (Q2 2026), 0.23 (Q1 2026) and 0.23 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 0.01 |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | 0.05 |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 0.02 |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 0.02 |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | 0.22 |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | 0.04 |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 0.21 |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 0.01 |
| 10 | Banco Santander | 209.18 Bn | 216.79 Bn | - | 0.08 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.22 |
| Apr 30, 2026 | 0.22 |
| Jan 31, 2026 | 0.23 |
| Oct 31, 2025 | 0.23 |
| Jul 31, 2025 | 0.23 |
| Apr 30, 2025 | 0.23 |
| Jan 31, 2025 | 0.24 |
| Oct 31, 2024 | 0.24 |
| Jul 31, 2024 | 0.25 |
| Apr 30, 2024 | 0.25 |
| Jan 31, 2024 | 0.23 |
| Oct 31, 2023 | 0.83 |
| Jul 31, 2023 | 0.22 |
| Apr 30, 2023 | 0.22 |
| Jan 31, 2023 | 0.22 |
| Oct 31, 2022 | 0.84 |
| Jul 31, 2022 | 0.21 |
| Apr 30, 2022 | 0.21 |
| Jan 31, 2022 | 0.21 |
| Oct 31, 2021 | 0.86 |
API Access
Royal Bank Of Canada Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=RY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "RY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();