Royal Bank Of Canada (RY) Interest Coverage Ratio (2009 - 2026)
Royal Bank Of Canada (RY) posted quarterly Interest Coverage Ratio of 1.42 for Q1 2026, up 6.95% year-over-year from 1.33 in Q1 2025, and up 2.58% quarter-over-quarter from 1.39 in Q4 2025.
Royal Bank Of Canada (RY) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Royal Bank Of Canada's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 1.42 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 6.95% year-over-year to 1.42; the TTM figure through Jan 2026 stood at 1.38 (up 7.35% YoY), while the FY2025 annual figure was 1.36, up 8.22% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.42, up from 1.39 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 2.61 in Q1 2022, with the low at 0.23 in Q3 2023.
- The 5-year median for Interest Coverage Ratio is 1.26 (2024), against an average of 1.12.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio sank 87.66% in 2023, then surged 445.59% in 2024.
- Royal Bank Of Canada's Interest Coverage Ratio stood at 0.61 in 2022, then plunged by 58.51% to 0.25 in 2023, then surged by 413.76% to 1.3 in 2024, then rose by 6.94% to 1.39 in 2025, then increased by 2.58% to 1.42 in 2026.
- Business Quant data shows RY's Interest Coverage Ratio at 1.42 in Q1 2026, 1.39 in Q4 2025, and 1.38 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 0.66 |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 1.42 |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 1.73 |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | - |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 0.51 |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | 0.66 |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 0.08 |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 1.50 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1.42 |
| Oct 31, 2025 | 1.39 |
| Jul 31, 2025 | 1.38 |
| Apr 30, 2025 | 1.33 |
| Jan 31, 2025 | 1.33 |
| Oct 31, 2024 | 1.30 |
| Jul 31, 2024 | 1.26 |
| Apr 30, 2024 | 1.26 |
| Jan 31, 2024 | 1.23 |
| Oct 31, 2023 | 0.25 |
| Jul 31, 2023 | 0.23 |
| Apr 30, 2023 | 0.28 |
| Jan 31, 2023 | 0.32 |
| Oct 31, 2022 | 0.61 |
| Jul 31, 2022 | 1.01 |
| Apr 30, 2022 | 1.85 |
| Jan 31, 2022 | 2.61 |
| Oct 31, 2021 | 2.35 |
| Jul 31, 2021 | 2.59 |
| Apr 30, 2021 | 2.36 |