Royal Bank Of Canada (RY) Gross Profit (2009 - 2023)
Royal Bank Of Canada (RY) posted quarterly Gross Profit of $9.5 billion for Q4 2023, up 1.75% year-over-year from $9.4 billion in Q4 2022, and down 2.88% on a QoQ basis from $9.8 billion in Q3 2023.
Royal Bank Of Canada (RY) Gross Profit (2009 - 2023) Analysis & Trends
Royal Bank Of Canada (RY) has reported Gross Profit for 15 consecutive years, with $9.5 billion the latest figure, recorded in Q4 2023.
- In Q4 2023, Gross Profit rose 1.75% year-over-year to $9.5 billion; the TTM figure through Oct 2023 stood at $38.7 billion (up 5.93% YoY), while the FY2023 annual figure was $35.2 billion, down 4.12% from the prior year.
- Gross Profit came in at $9.5 billion for Q4 2023 at Royal Bank Of Canada, down from $9.8 billion in the prior quarter.
- The five-year high for Gross Profit was $10.0 billion in Q1 2023, with the low at $8.0 billion in Q4 2020.
- Average Gross Profit over 5 years is $9.0 billion, with a median of $9.1 billion recorded in 2021.
- Across the five-year window, Gross Profit grew 14.47% in 2021 and declined 5.9% in 2022, its largest moves.
- Year by year, Gross Profit stood at $8.1 billion in 2019, then dropped by 0.72% to $8.0 billion in 2020, then advanced by 12.22% to $9.0 billion in 2021, then rose by 3.89% to $9.4 billion in 2022, then grew by 1.75% to $9.5 billion in 2023.
- According to Business Quant data, Gross Profit over the past three periods registered $9.5 billion, $9.8 billion, and $9.2 billion for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn |
| 10 | Royal Bank Of Canada | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 31, 2023 | 9.54 Bn |
| Oct 31, 2023 | 9.54 Bn |
| Jul 31, 2023 | 9.82 Bn |
| Jul 31, 2023 | 9.82 Bn |
| Apr 30, 2023 | 9.25 Bn |
| Apr 30, 2023 | 9.25 Bn |
| Jan 31, 2023 | 10.05 Bn |
| Jan 31, 2023 | 10.05 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 |
| Oct 31, 2021 | 9.02 Bn |
| Oct 31, 2021 | 9.02 Bn |
| Jul 31, 2021 | 9.32 Bn |
| Jul 31, 2021 | 9.32 Bn |
| Apr 30, 2021 | 9.11 Bn |
| Apr 30, 2021 | 9.11 Bn |
| Jan 31, 2021 | 8.97 Bn |
| Jan 31, 2021 | 8.97 Bn |