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 5.58% year-over-year from 1.35 in Q1 2025, and up 2.58% on a QoQ basis from 1.39 in Q4 2025.

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

Royal Bank Of Canada (RY) has reported Interest Coverage Ratio for 18 consecutive years, with 1.42 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 5.58% year-over-year to 1.42; the TTM figure through Jan 2026 stood at 1.38 (up 7.32% YoY), while the FY2025 annual figure was 1.36, up 8.28% from the prior year.
  • Interest Coverage Ratio came in at 1.42 for Q1 2026 at Royal Bank Of Canada, up from 1.39 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 3.56 in Q1 2022, with the low at 0.27 in Q4 2023.
  • Average Interest Coverage Ratio over 5 years is 1.27, with a median of 1.27 recorded in 2024.
  • Across the five-year window, Interest Coverage Ratio slumped 88.53% in 2023 and soared 370.46% in 2024, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 0.61 in 2022, then tumbled by 55.39% to 0.27 in 2023, then jumped by 370.46% to 1.28 in 2024, then increased by 8.61% to 1.39 in 2025, then climbed by 2.58% to 1.42 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.42, 1.39, and 1.39 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (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 0.61
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 1.58
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 0.29
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 1.45
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 1.86
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 1.58
10 Royal Bank Of Canada - - - 1.42

Historic Data

Download Data
DateValue
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 0.32
Apr 30, 2023 0.36
Jan 31, 2023 0.45
Oct 31, 2022 0.61
Jul 31, 2022 1.01
Apr 30, 2022 3.14
Jan 31, 2022 3.56
Oct 31, 2021 2.44
Jul 31, 2021 2.59
Apr 30, 2021 2.49