Royal Bank Of Canada (RY) Rent Expense (2009 - 2026)
Royal Bank Of Canada (RY) reported Rent Expense of $316.29 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 6.0% from $298.39 million a year earlier but down 3.0% from the prior quarter.
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Analysis
Royal Bank Of Canada (RY) Rent Expense (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Royal Bank Of Canada's Rent Expense came in at $1.24 billion, down 2.8% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $1.2 billion, down 9.6% from FY2024.
- Rent Expense has a five-year compound annual growth rate of -0.6% (FY2020 to FY2025).
- By fiscal year, Rent Expense came in at $1.33 billion in FY2024 (+10.5%), $1.2 billion in FY2023 (-0.6%), $1.21 billion in FY2022 (-4.1%) and $1.26 billion in FY2021 (+2.0%).
- Five-year quarterly Rent Expense spans a low of $295.74 million in fiscal Q4 2023 and a high of $376.4 million in fiscal Q4 2024.
- Year over year, Rent Expense has now increased in each of the last three quarters, with growth averaging 0.7% over the last eight quarters.
- The high point for year-over-year Rent Expense in five years was fiscal Q4 2024 (growth of 27.3%); the low point was fiscal Q4 2025 (a decline of 21.1%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $326.09 million (Q2 2026), $302.64 million (Q1 2026) and $297 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 803.00 Mn |
| 10 | American Express | 205.34 Bn | -2.83 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 316.29 Mn |
| Apr 30, 2026 | 326.09 Mn |
| Jan 31, 2026 | 302.64 Mn |
| Oct 31, 2025 | 297.00 Mn |
| Jul 31, 2025 | 298.39 Mn |
| Apr 30, 2025 | 300.77 Mn |
| Jan 31, 2025 | 302.20 Mn |
| Oct 31, 2024 | 376.40 Mn |
| Jul 31, 2024 | 323.53 Mn |
| Apr 30, 2024 | 325.25 Mn |
| Jan 31, 2024 | 301.07 Mn |
| Oct 31, 2023 | 295.74 Mn |
| Jul 31, 2023 | 306.42 Mn |
| Apr 30, 2023 | 299.31 Mn |
| Jan 31, 2023 | 299.52 Mn |
| Oct 31, 2022 | 301.91 Mn |
| Jul 31, 2022 | 296.24 Mn |
| Apr 30, 2022 | 304.77 Mn |
| Jan 31, 2022 | 304.97 Mn |
| Oct 31, 2021 | 312.61 Mn |
API Access
Royal Bank Of Canada Rent Expense 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=rent-expense&ticker=RY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "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=rent-expense&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();