Royal Bank Of Canada (RY) Return on Invested Capital [ROIC] (2009 - 2026)
Royal Bank Of Canada (RY) reported Return on Invested Capital [ROIC] of 11.34% for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 0.36 percentage points from 11.71% a year earlier and down 0.06 percentage points from the prior quarter.
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Analysis
Royal Bank Of Canada (RY) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Royal Bank Of Canada posted Return on Invested Capital [ROIC] of 11.46%, up 5.01 percentage points from FY2024.
- Return on Invested Capital [ROIC] has increased for four consecutive fiscal years, with a five-year change of +9.80 percentage points (FY2020 to FY2025).
- By fiscal year, Return on Invested Capital [ROIC] came in at 6.45% in FY2024 (+2.87 pp), 3.58% in FY2023 (+1.77 pp), 1.81% in FY2022 (+0.27 pp) and 1.54% in FY2021 (-0.12 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 2.21% in fiscal Q4 2021 and a high of 13.18% in fiscal Q2 2024.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last six quarters, with an average year-over-year change of +0.93 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was fiscal Q4 2024 (a gain of 6.87 percentage points); the low point was fiscal Q3 2025 (a drop of 1.30 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 11.40% (Q2 2026), 11.34% (Q1 2026) and 11.38% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 32.13% |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 25.16% |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 42.00% |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 11.34% |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 6.24% |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 14.05% |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 27.68% |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - | 49.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 11.34% |
| Apr 30, 2026 | 11.40% |
| Jan 31, 2026 | 11.34% |
| Oct 31, 2025 | 11.38% |
| Jul 31, 2025 | 11.71% |
| Apr 30, 2025 | 12.07% |
| Jan 31, 2025 | 12.21% |
| Oct 31, 2024 | 12.39% |
| Jul 31, 2024 | 13.00% |
| Apr 30, 2024 | 13.18% |
| Jan 31, 2024 | 6.33% |
| Oct 31, 2023 | 5.52% |
| Jul 31, 2023 | 10.05% |
| Apr 30, 2023 | 8.51% |
| Jan 31, 2023 | 3.29% |
| Oct 31, 2022 | 2.76% |
| Jul 31, 2022 | 5.05% |
| Apr 30, 2022 | 4.84% |
| Jan 31, 2022 | 2.22% |
| Oct 31, 2021 | 2.21% |
API Access
Royal Bank Of Canada Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=RY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();