Royal Bank Of Canada (RY) Gross Margin (2010 - 2023)

Royal Bank Of Canada has reported Gross Margin for 13 years, with the latest figure at 99.29% in Q4 2023.

• On a quarterly basis, Gross Margin rose 22.0% year-over-year to 99.29% in Q4 2023; TTM through Oct 2023 was 92.22%, a 337.0% decrease from a year earlier, with the FY2023 full-year figure at 92.18%, down 418.0% from the prior year.
• Gross Margin was 99.29% for Q4 2023 at Royal Bank Of Canada, up from 89.37% in the prior quarter.
• The five-year high for Gross Margin was 99.29% in Q4 2023, with the low at 86.18% in Q3 2020.
• Average Gross Margin over 5 years is 92.67%, with a median of 91.79% recorded in 2023.
• The sharpest annual moves came in 2020 and 2023: Gross Margin jumped 837 bps in 2020, then slumped 648 bps in 2023.
• Over 5 years, Gross Margin stood at 94.25% in 2019, then increased by 2 bps to 95.84% in 2020, then retreated by 4 bps to 91.66% in 2021, then advanced by 8 bps to 99.08% in 2022, then grew by 0 bps to 99.29% in 2023.
• The last three Gross Margin figures came in at 99.29% (Q4 2023), 89.37% (Q3 2023), and 91.92% (Q2 2023), per Business Quant data.