Royal Bank Of Canada (RY) Gross Profit (2009 - 2023)
Royal Bank Of Canada (RY) posted quarterly Gross Profit of $9.3 billion for Q4 2023, down 0.93% year-over-year from $9.4 billion in Q4 2022, and up 6.88% quarter-over-quarter from $8.7 billion in Q3 2023.
Royal Bank Of Canada (RY) Gross Profit (2009 - 2023) Analysis & Trends
Royal Bank Of Canada's Gross Profit history runs 15 years deep, the most recent figure standing at $9.3 billion for Q4 2023.
- In Q4 2023, Gross Profit fell 0.93% year-over-year to $9.3 billion; the TTM figure through Oct 2023 stood at $35.2 billion (down 3.33% YoY), while the FY2023 annual figure was $35.2 billion, down 4.12% from the prior year.
- Gross Profit for Q4 2023 stood at $9.3 billion, up from $8.7 billion in the prior quarter.
- The five-year high for Gross Profit was $9.5 billion in Q1 2022, with the low at $7.4 billion in Q2 2020.
- The 5-year median for Gross Profit is $8.7 billion (2023), against an average of $8.6 billion.
- The sharpest annual moves came in 2021 and 2023: Gross Profit increased 23.25% in 2021, then slipped 8.16% in 2023.
- Royal Bank Of Canada's Gross Profit stood at $8.1 billion in 2019, then fell by 0.72% to $8.0 billion in 2020, then grew by 12.22% to $9.0 billion in 2021, then advanced by 3.89% to $9.4 billion in 2022, then dropped by 0.93% to $9.3 billion in 2023.
- Business Quant data shows RY's Gross Profit at $9.3 billion in Q4 2023, $8.7 billion in Q3 2023, and $8.5 billion in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - |
| 10 | Bank of New York Mellon | 108.83 Bn | 47.61 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 31, 2023 | 9.29 Bn |
| Oct 31, 2023 | 9.29 Bn |
| Jul 31, 2023 | 8.69 Bn |
| Jul 31, 2023 | 8.69 Bn |
| Apr 30, 2023 | 8.45 Bn |
| Apr 30, 2023 | 8.45 Bn |
| Jan 31, 2023 | 8.76 Bn |
| Jan 31, 2023 | 8.76 Bn |
| Oct 31, 2022 | 9.37 Bn |
| Oct 31, 2022 | 9.37 Bn |
| Jul 31, 2022 | 8.77 Bn |
| Jul 31, 2022 | 8.77 Bn |
| Apr 30, 2022 | 8.72 Bn |
| Apr 30, 2022 | 8.72 Bn |
| Jan 31, 2022 | 9.54 Bn |
| Jan 31, 2022 | 9.54 Bn |
| Oct 31, 2021 | 9.02 Bn |
| Oct 31, 2021 | 9.02 Bn |
| Jul 31, 2021 | 9.32 Bn |
| Jul 31, 2021 | 9.32 Bn |