Royal Bank Of Canada (RY) Net Margin (2009 - 2026)
Royal Bank Of Canada (RY) posted quarterly Net Margin of 32.2% for Q1 2026, up 156.0% year-over-year from 12.58% in Q1 2025, and up 2.39% on a QoQ basis from 31.45% in Q4 2025.
Royal Bank Of Canada (RY) Net Margin (2009 - 2026) Analysis & Trends
Royal Bank Of Canada (RY) has reported Net Margin for 18 consecutive years, with 32.2% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 156.0% year-over-year to 32.2%; the TTM figure through Jan 2026 stood at 30.97% (up 121.0% YoY), while the FY2025 annual figure was 30.58%, up 77.0% from the prior year.
- Net Margin came in at 32.2% for Q1 2026 at Royal Bank Of Canada, up from 31.45% in the prior quarter.
- The five-year high for Net Margin was 37.88% in Q2 2022, with the low at 20.74% in Q1 2023.
- Average Net Margin over 5 years is 29.61%, with a median of 29.71% recorded in 2023.
- Across the five-year window, Net Margin sank 1067 bps in 2023 and soared 580 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 30.72% in 2022, then fell by 3 bps to 29.71% in 2023, then fell by 3 bps to 28.82% in 2024, then advanced by 9 bps to 31.45% in 2025, then increased by 2 bps to 32.2% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 32.2%, 31.45%, and 31.85% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | 37.25% |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 26.94% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 23.31% |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | -0.01% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 28.87% |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 32.40% |
| 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 | 0.00% |
| 10 | Royal Bank Of Canada | - | - | - | 32.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 32.20% |
| Oct 31, 2025 | 31.45% |
| Jul 31, 2025 | 31.85% |
| Apr 30, 2025 | 27.99% |
| Jan 31, 2025 | 30.64% |
| Oct 31, 2024 | 28.82% |
| Jul 31, 2024 | 31.56% |
| Apr 30, 2024 | 27.89% |
| Jan 31, 2024 | 26.55% |
| Oct 31, 2023 | 29.71% |
| Jul 31, 2023 | 27.31% |
| Apr 30, 2023 | 27.21% |
| Jan 31, 2023 | 20.74% |
| Oct 31, 2022 | 30.72% |
| Jul 31, 2022 | 29.47% |
| Apr 30, 2022 | 37.88% |
| Jan 31, 2022 | 31.33% |
| Oct 31, 2021 | 31.41% |
| Jul 31, 2021 | 33.65% |
| Apr 30, 2021 | 34.55% |