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

Royal Bank Of Canada (RY) recorded quarterly Interest Coverage Ratio of 1.42 in Q1 2026, up 2.58% quarter-over-quarter from 1.39 in Q4 2025, and up 5.58% on a YoY basis from 1.35 in Q1 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 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 was 1.42 for Q1 2026 at Royal Bank Of Canada, up from 1.39 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 3.56 in Q1 2022 to a low of 1.22 in Q4 2023.
  • Historically, Interest Coverage Ratio has averaged 1.61 across 5 years, with a median of 1.35 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio gained 10.43% in 2022, then sank 60.66% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 1.56 in 2022, then dropped by 22.16% to 1.22 in 2023, then gained by 4.89% to 1.28 in 2024, then advanced by 8.61% to 1.39 in 2025, then rose by 2.58% to 1.42 in 2026.
  • The last three Interest Coverage Ratio figures came in at 1.42 (Q1 2026), 1.39 (Q4 2025), and 1.39 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 1.45
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 1.42
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 1.35
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 0.61
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 1.58
10 Citigroup 242.69 Bn -1,942.31 Bn 19.85 Bn 0.29

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 1.22
Jul 31, 2023 1.28
Apr 30, 2023 1.31
Jan 31, 2023 1.40
Oct 31, 2022 1.56
Jul 31, 2022 1.94
Apr 30, 2022 3.14
Jan 31, 2022 3.56
Oct 31, 2021 3.51
Jul 31, 2021 3.71
Apr 30, 2021 3.54