Royal Bank Of Canada (RYLBF) Tax Rate (2022 - 2025)

Royal Bank Of Canada (RYLBF) posted Tax Rate of 0.3% for Q4 2025, down 3.15% on a QoQ basis from 0.31% in Q3 2025, and down 7.0% year-over-year from 0.32% in Q4 2024.

Royal Bank Of Canada (RYLBF) has 4 years of Tax Rate data on file, last reported at 0.3% in Q4 2025.

  • In Q4 2025, Tax Rate fell 7.0% year-over-year to 0.3%; the TTM figure through Oct 2025 stood at 0.31% (up 5.0% YoY), while the FY2025 annual figure was 0.08%, down 1.0% from the prior year.
  • Tax Rate eased to 0.3% in Q4 2025, from 0.31% in the prior quarter.
  • Across five years, Tax Rate topped out at 0.41% in Q4 2022 and bottomed at 0.02% in Q4 2023.
  • A 4-year average of 0.29% and a median of 0.31% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2023 — Tax Rate slumped 43 bps — and 2024, when it jumped 38 bps.
  • Year by year, Tax Rate stood at 0.41% in 2022, then slumped by 105 bps to 0.02% in 2023, then surged by 1879 bps to 0.36% in 2024, then decreased by 18 bps to 0.3% in 2025.
  • The last three Tax Rate figures came in at 0.3% (Q4 2025), 0.31% (Q3 2025), and 0.36% (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Canadian Imperial Bank Of Commerce 1,282,929,665.61 Bn 1,282,929,665.82 Bn - -
2 Toronto Dominion Bank 928.05 Bn 749.34 Bn - -
3 Hsbc Holdings 799.80 Bn 799.80 Bn - -
4 Barclays 460.27 Bn 460.27 Bn - -
5 Bank Of America 373.62 Bn -233.08 Bn 29.24 Bn 17.49
6 Bank Of Montreal 316.89 Bn 316.89 Bn - 25.14
7 Wells Fargo & Company 238.28 Bn 163.21 Bn - 11.55
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn 33.80
9 Bank of New York Mellon 94.86 Bn 37.94 Bn - 19.15
10 Royal Bank Of Canada - - - -

Historic Data

Download Data 🔒
DateValue
Oct 31, 2025 0.30
Oct 31, 2025 0.30
Jul 31, 2025 0.31
Jul 31, 2025 0.31
Oct 31, 2024 0.36
Oct 31, 2024 0.36
Jul 31, 2024 0.31
Jul 31, 2024 0.31
Oct 31, 2023 -0.02
Oct 31, 2023 -0.02
Jul 31, 2023 0.36
Jul 31, 2023 0.36
Oct 31, 2022 0.41
Oct 31, 2022 0.41