Royal Bank Of Canada (RY) Payout Ratio (2018 - 2022)
Royal Bank Of Canada's Payout Ratio was 0.44 in fiscal Q4 2022 (quarter ended Oct 31, 2022), up 10.1% from 0.40 a year earlier and up 3.8% from the prior quarter.
Royal Bank Of Canada (RY) Payout Ratio (2018 - 2022) Analysis & Trends
From fiscal Q4 2018 onward, Royal Bank Of Canada has reported Payout Ratio for 17 quarters.
- In earlier fiscal years, Payout Ratio was 406818.33 in FY2021, 0.55 in FY2020 (+27.0%), 0.44 in FY2019 (-1.7%) and 0.44 in FY2018 (-100.0%).
- The fiscal Q4 2022 figure marks the highest quarterly Payout Ratio since fiscal Q2 2021.
- Compared with a year earlier, Payout Ratio was higher in three of the last eight quarters, with an average decline of 10.9%.
- The best year-over-year quarter for Payout Ratio over five years was fiscal Q3 2020 (growth of 38.0%); the worst was fiscal Q3 2021 (a decline of 28.5%).
- Per Business Quant data, RY's Payout Ratio in the three fiscal quarters before Q4 2022 was 0.42 (Q3 2022), 0.40 (Q2 2022) and 0.39 (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 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 | - |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - |
| 10 | Banco Santander | 209.18 Bn | 216.79 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2022 | 0.44 |
| Jul 31, 2022 | 0.42 |
| Apr 30, 2022 | 0.40 |
| Jan 31, 2022 | 0.39 |
| Oct 31, 2021 | 0.40 |
| Jul 31, 2021 | 0.42 |
| Apr 30, 2021 | 0.45 |
| Jan 31, 2021 | 0.54 |
| Oct 31, 2020 | 0.55 |
| Jul 31, 2020 | 0.58 |
| Apr 30, 2020 | 0.57 |
| Jan 31, 2020 | 0.46 |
| Oct 31, 2019 | 0.46 |
| Jul 31, 2019 | 0.42 |
| Apr 30, 2019 | 0.54 |
| Jan 31, 2019 | 0.58 |
| Oct 31, 2018 | 0.60 |
Royal Bank Of Canada Payout Ratio 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=payout-ratio&ticker=RY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();