Royal Bank Of Canada (RY) Return on Equity [ROE] (2009 - 2026)
Royal Bank Of Canada (RY) posted Return on Equity [ROE] of 15.89% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 1.57 percentage points from 14.32% a year earlier and up 0.12 percentage points from the prior quarter.
Royal Bank Of Canada (RY) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Royal Bank Of Canada's Return on Equity [ROE] came in at 15.09%, up 1.74 percentage points from FY2024.
- Annual Return on Equity [ROE] shows a five-year change of +1.74 percentage points (FY2020 to FY2025).
- In prior fiscal years, Royal Bank Of Canada's Return on Equity [ROE] was 13.34% in FY2024 (+0.56 pp), 12.79% in FY2023 (-2.32 pp), 15.11% in FY2022 (-2.73 pp) and 17.84% in FY2021 (+4.50 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Return on Equity [ROE] since fiscal Q2 2022.
- On a year-over-year basis, Return on Equity [ROE] has increased in each of the last eight quarters, with an average year-over-year change of +1.19 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was fiscal Q1 2022, with a gain of 3.30 percentage points; the weakest was fiscal Q2 2023, with a drop of 2.93 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior fiscal quarters was 15.77% (Q2 2026), 15.03% (Q1 2026) and 14.63% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 17.62% |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 11.19% |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 17.50% |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 15.89% |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 13.15% |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 17.08% |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 12.67% |
| 10 | American Express | 205.34 Bn | -2.83 Bn | - | 33.53% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 15.89% |
| Apr 30, 2026 | 15.77% |
| Jan 31, 2026 | 15.03% |
| Oct 31, 2025 | 14.63% |
| Jul 31, 2025 | 14.32% |
| Apr 30, 2025 | 13.98% |
| Jan 31, 2025 | 13.79% |
| Oct 31, 2024 | 12.96% |
| Jul 31, 2024 | 13.01% |
| Apr 30, 2024 | 12.92% |
| Jan 31, 2024 | 13.05% |
| Oct 31, 2023 | 12.82% |
| Jul 31, 2023 | 13.04% |
| Apr 30, 2023 | 13.25% |
| Jan 31, 2023 | 14.11% |
| Oct 31, 2022 | 15.15% |
| Jul 31, 2022 | 15.27% |
| Apr 30, 2022 | 16.18% |
| Jan 31, 2022 | 16.36% |
| Oct 31, 2021 | 16.27% |
Royal Bank Of Canada Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=RY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();