Royal Bank Of Canada (RY) Interest Expense - Debt (2011 - 2023)
Royal Bank Of Canada (RY) recorded Interest Expense - Debt of $7.39 billion in fiscal Q4 2023 (quarter ended Oct 31, 2023), up 2.3% from $7.23 billion a year earlier.
Royal Bank Of Canada (RY) Interest Expense - Debt (2011 - 2023) Analysis & Trends
For FY2023 (ended Oct 31, 2023), Royal Bank Of Canada reported Interest Expense - Debt of $7.44 billion, down 0.4% from FY2022.
- Annual Interest Expense - Debt has a four-year compound annual growth rate of 1.5% (FY2019 to FY2023).
- Across earlier fiscal years, Interest Expense - Debt came in at $7.46 billion in FY2022 (-6.8%), $8.01 billion in FY2021 (+8.4%), $7.39 billion in FY2020 (+5.3%) and $7.02 billion in FY2019.
- The fiscal Q4 2023 figure is the highest quarterly Interest Expense - Debt since fiscal Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | - |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 2.39 Bn |
| 10 | Banco Santander | 209.18 Bn | 216.79 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2023 | 7.39 Bn |
| Oct 31, 2022 | 7.23 Bn |
| Oct 31, 2021 | 8.01 Bn |
| Oct 31, 2020 | 7.51 Bn |
| Oct 31, 2019 | 7.04 Bn |
| Jan 31, 2016 | 2.63 Bn |
| Jul 31, 2015 | 803.53 Mn |
| Oct 31, 2014 | 905.35 Mn |
| Jul 31, 2014 | 924.47 Mn |
| Jan 31, 2013 | 2.06 Bn |
| Jan 31, 2011 | 1.49 Bn |
Royal Bank Of Canada Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=RY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "RY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();