Royal Bank Of Canada (RY) Operating Margin (2010 - 2023)

Royal Bank Of Canada has reported Operating Margin for 13 years, with the latest figure at 37.43% in Q4 2023.

• On a quarterly basis, Operating Margin fell 429.0% year-over-year to 37.43% in Q4 2023; TTM through Oct 2023 was 32.74%, a 856.0% decrease from a year earlier, with the FY2023 full-year figure at 32.31%, down 973.0% from the prior year.
• Operating Margin was 37.43% for Q4 2023 at Royal Bank Of Canada, up from 29.54% in the prior quarter.
• The five-year high for Operating Margin was 43.81% in Q2 2021, with the low at 29.54% in Q3 2023.
• Average Operating Margin over 5 years is 38.38%, with a median of 38.63% recorded in 2019.
• The sharpest annual moves came in 2022 and 2023: Operating Margin jumped 342 bps in 2022, then tumbled 1082 bps in 2023.
• Over 5 years, Operating Margin stood at 38.67% in 2019, then rose by 7 bps to 41.23% in 2020, then retreated by 7 bps to 38.47% in 2021, then grew by 8 bps to 41.71% in 2022, then slipped by 10 bps to 37.43% in 2023.
• The last three Operating Margin figures came in at 37.43% (Q4 2023), 29.54% (Q3 2023), and 32.45% (Q2 2023), per Business Quant data.