Royal Bank Of Canada RY
NYSE RY
$206.55 -0.26 (-0.13%)
As of: Sep 10, 2026 · 10:20 AM EDT

Royal Bank Of Canada (RY) Interest Coverage Ratio (2009 - 2026)

Royal Bank Of Canada (RY) posted Interest Coverage Ratio of 1.43 for Q3 2026, little changed on a QoQ basis from 1.43 in Q2 2026, and up 3.42% year-over-year from 1.39 in Q3 2025.

Analysis

Royal Bank Of Canada (RY) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Royal Bank Of Canada has reported Interest Coverage Ratio for 17 years, with the latest figure at 1.43 in Q3 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 3.42% year-over-year to 1.43 in Q3 2026; TTM through Jul 2026 was 1.42, a 6.35% increase from a year earlier, with the FY2025 full-year figure at 1.36, up 8.28% from the prior year.
  • Interest Coverage Ratio was 1.43 for Q3 2026 at Royal Bank Of Canada, roughly flat from 1.43 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.
  • Average Interest Coverage Ratio over 5 years is 1.16, with a median of 1.28 recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio sank 87.66% in 2023, then jumped 449.1% in 2024.
  • Over 5 years, Interest Coverage Ratio stood at 0.61 in 2022, then sank by 55.39% to 0.27 in 2023, then surged by 370.46% to 1.28 in 2024, then climbed by 8.61% to 1.39 in 2025, then increased by 3.42% to 1.43 in 2026.
  • The last three Interest Coverage Ratio figures came in at 1.43 (Q3 2026), 1.43 (Q2 2026), and 1.42 (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Bank Of America 2,119.43 Bn 1,530.93 Bn 30.39 Bn 0.66
2 Morgan Stanley 333.71 Bn 173.57 Bn - 1.56
3 Goldman Sachs 306.35 Bn -670.00 Bn - 1.47
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn 3.44
5 Royal Bank Of Canada 290.90 Bn 64.02 Bn - 1.43
6 Wells Fargo & Company 271.13 Bn 67.16 Bn - 1.73
7 American Express 217.39 Bn 168.08 Bn 17.99 Bn 1.79
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn 0.30
9 Toronto Dominion Bank 205.07 Bn 43.74 Bn - 0.25
10 Schwab Charles 185.82 Bn 112.23 Bn - 5.65
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 1.43
Apr 30, 2026 1.43
Jan 31, 2026 1.42
Oct 31, 2025 1.39
Jul 31, 2025 1.39
Apr 30, 2025 1.33
Jan 31, 2025 1.35
Oct 31, 2024 1.28
Jul 31, 2024 1.27
Apr 30, 2024 1.26
Jan 31, 2024 1.23
Oct 31, 2023 0.27
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 2.44