Royal Bank Of Canada RY
NYSE RY
$199.54 -1.41 (-0.70%)
As of: Sep 29, 2026 · 3:59 PM EDT

Royal Bank Of Canada (RY) Payout Ratio (2018 - 2022)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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