Royal Bank Of Canada (RY) Depreciation Expense (2009 - 2026)

Royal Bank Of Canada (RY) recorded quarterly Depreciation Expense of $524.6 million in Q1 2026, up 0.93% quarter-over-quarter from $519.8 million in Q4 2025, and up 9.35% on a YoY basis from $479.7 million in Q1 2025.

Royal Bank Of Canada (RY) Depreciation Expense (2009 - 2026) Analysis & Trends

Royal Bank Of Canada's Depreciation Expense history runs 18 years deep, the most recent figure standing at $524.6 million for Q1 2026.

  • In Q1 2026, Depreciation Expense rose 9.35% year-over-year to $524.6 million; the TTM figure through Jan 2026 stood at $2.0 billion (up 7.99% YoY), while the FY2025 annual figure was $2.0 billion, up 6.88% from the prior year.
  • Depreciation Expense was $524.6 million for Q1 2026 at Royal Bank Of Canada, up from $519.8 million in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $524.6 million in Q1 2026 to a low of $395.8 million in Q1 2022.
  • Historically, Depreciation Expense has averaged $457.5 million across 5 years, with a median of $457.8 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Depreciation Expense declined 0.21% in 2022, then increased 14.54% in 2023.
  • A 5-year view of Depreciation Expense shows it stood at $429.9 million in 2022, then gained by 4.99% to $451.3 million in 2023, then grew by 9.35% to $493.6 million in 2024, then gained by 5.31% to $519.8 million in 2025, then increased by 0.93% to $524.6 million in 2026.
  • The last three Depreciation Expense figures came in at $524.6 million (Q1 2026), $519.8 million (Q4 2025), and $497.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation (Qtr)
1 Canadian Imperial Bank Of Commerce 1,386,393,358.39 Bn 1,386,393,358.61 Bn - -
2 Hsbc Holdings 37,974.20 Bn 37,974.65 Bn - -
3 Royal Bank Of Canada 2,996.75 Bn 2,925.20 Bn - 524.57 Mn
4 Toronto Dominion Bank 994.93 Bn 988.13 Bn - -
5 Bank Of Montreal 413.07 Bn 413.07 Bn - -
6 Bank Of America 406.09 Bn -200.61 Bn 29.24 Bn -
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 275.02 Bn -411.26 Bn 3.81 Bn -
9 Wells Fargo & Company 257.70 Bn 182.63 Bn - -
10 Citigroup 256.35 Bn -1,928.65 Bn 19.85 Bn -

Historic Data

Download Data
DateValue
Jan 31, 2026 524.57 Mn
Oct 31, 2025 519.75 Mn
Jul 31, 2025 497.81 Mn
Apr 30, 2025 494.72 Mn
Jan 31, 2025 479.71 Mn
Oct 31, 2024 493.56 Mn
Jul 31, 2024 459.37 Mn
Apr 30, 2024 453.57 Mn
Jan 31, 2024 457.89 Mn
Oct 31, 2023 451.35 Mn
Jul 31, 2023 457.76 Mn
Apr 30, 2023 435.30 Mn
Jan 31, 2023 421.85 Mn
Oct 31, 2022 429.90 Mn
Jul 31, 2022 399.65 Mn
Apr 30, 2022 405.04 Mn
Jan 31, 2022 395.83 Mn
Oct 31, 2021 408.86 Mn
Jul 31, 2021 400.48 Mn
Apr 30, 2021 386.82 Mn