Royal Bank Of Canada (RY) Gross Profit (2010 - 2023)
Royal Bank Of Canada (RY) posted Gross Profit of $9.5 billion for Q4 2023, up 9.78% on a QoQ basis from $8.7 billion in Q3 2023, and up 1.75% year-over-year from $9.4 billion in Q4 2022.
Analysis
Royal Bank Of Canada (RY) Gross Profit (2010 - 2023) Analysis & Trends
Royal Bank Of Canada has reported Gross Profit for 13 years, with the latest figure at $9.5 billion in Q4 2023.
- On a quarterly basis, Gross Profit rose 1.75% year-over-year to $9.5 billion in Q4 2023; TTM through Oct 2023 was $35.4 billion, a 2.64% decrease from a year earlier, with the FY2023 full-year figure at $35.2 billion, down 4.12% from the prior year.
- Gross Profit was $9.5 billion for Q4 2023 at Royal Bank Of Canada, up from $8.7 billion in the prior quarter.
- The five-year high for Gross Profit was $9.5 billion in Q4 2023, with the low at $7.4 billion in Q2 2020.
- Average Gross Profit over 5 years is $8.6 billion, with a median of $8.7 billion recorded in 2023.
- The sharpest annual moves came in 2021 and 2023: Gross Profit gained 23.25% in 2021, then declined 8.16% in 2023.
- Over 5 years, Gross Profit stood at $8.1 billion in 2019, then decreased by 0.72% to $8.0 billion in 2020, then rose by 12.22% to $9.0 billion in 2021, then grew by 3.89% to $9.4 billion in 2022, then advanced by 1.75% to $9.5 billion in 2023.
- The last three Gross Profit figures came in at $9.5 billion (Q4 2023), $8.7 billion (Q3 2023), and $8.5 billion (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - |
| 10 | Schwab Charles | 186.08 Bn | 112.49 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2023 | 9.54 Bn |
| Jul 31, 2023 | 8.69 Bn |
| Apr 30, 2023 | 8.45 Bn |
| Jan 31, 2023 | 8.76 Bn |
| Oct 31, 2022 | 9.37 Bn |
| Jul 31, 2022 | 8.77 Bn |
| Apr 30, 2022 | 8.72 Bn |
| Jan 31, 2022 | 9.54 Bn |
| Oct 31, 2021 | 9.02 Bn |
| Jul 31, 2021 | 9.32 Bn |
| Apr 30, 2021 | 9.11 Bn |
| Jan 31, 2021 | 8.97 Bn |
| Oct 31, 2020 | 8.04 Bn |
| Jul 31, 2020 | 8.14 Bn |
| Apr 30, 2020 | 7.39 Bn |
| Jan 31, 2020 | 8.53 Bn |
| Oct 31, 2019 | 8.10 Bn |
| Jul 31, 2019 | 7.90 Bn |
| Apr 30, 2019 | 7.77 Bn |
| Jan 31, 2019 | 7.79 Bn |