70/100B201.270
USD
-1.38
(-0.68%)
Market Open
Last updated: · Delayed 15 min
Fair value146.76Plus+37%113Price 201.27224
Q4 FY2026 · Earnings report
EPS estimate 2.97Revenue estimate 13.26B
Q4 FY2026 · Earnings report
EPS estimate 2.97Revenue estimate 13.26B
If you had invested in Royal Bank of Canada ago, it would be worth $4,631 today, against $4,096 in SPY and $6,368 in QQQ.
Arincen ScoreWhat is the Arincen Score? The Arincen Score grades a company out of 100 from 30 checks on its own reported figures, five checks in each of six parts.Beta
70/100
Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.
Profitability8
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Cash8
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Valuation6
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Growth8
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Financial strength2
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Shareholders10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Figures to FY2025; the price as of today.
Royal Bank of Canada key facts
- StyleWhat does a stock's style mean? The style label sorts a stock as growth, value, dividend, blend or speculative, with a 1 to 10 meter showing how strongly it fits.
- Dividend stock · 6.7/10Growth 6.1 · Value 3.6 · Dividend 6.7
- Day range
- 201.270 – 203.650
- 52-week range
- 144.560 – 218.570
- Market capitalizationWhat is market capitalization? Market cap is what the stock market values a whole company at: its share price times the number of its shares outstanding.
- 279.08B USD
- P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 18.06
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.63
- EPSWhat is EPS (earnings per share)? EPS (earnings per share) is a company's net income divided by its number of shares: the profit that belongs to each share over a period.
- 11.15
- Div YieldWhat is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.
- 2.49%
- EPS growth forecast (FY2026)
- +13.8%
- Volume
- 3,598
- BetaWhat is beta in stocks? Beta measures how much a stock tends to move when the whole market moves: 1 moves with it, under 1 is calmer, over 1 swings more.
- 0.92
- ESG scoreWhat is an ESG score? An ESG score rates how a company handles the environment, its people and its governance, out of 100. Higher is better.
- 69.5/100Environment 70 · Social 72 · Governance 67
- Sector
- Financial Services
- Industry
- Banks - Diversified
- CEO
- David I. McKay
- Employees
- 101K
- Website
- rbc.com
- IPO date
- 16 Oct 1995
Royal Bank of Canada earningsWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
Next earnings · Q4 FY2026
EPS estimate
2.97 USD
Revenue estimate
13.26B USD
Last quarter · Q3 FY2026
EPS3.07Beat +6.2%Revenue13.22BBeat +1.8%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q1 FY2027 | 3.02 | — | — | +2.59% | 13.17B | — | — | -0.05% | |
| Q4 FY2026 | 2.97 | — | — | +7.61% | 13.26B | — | — | +8.01% | |
| Q3 FY2026 | 2.89 | 3.07 | +6.23% | +10.04% | 12.98B | 13.22B | +1.85% | -22.08% | |
| Q2 FY2026 | 2.81 | 2.84 | +1.07% | +29.09% | 12.74B | 12.84B | +0.79% | -17.99% | |
| Q1 FY2026 | 2.81 | 2.94 | +4.63% | +15.29% | 12.85B | 13.18B | +2.54% | -21.17% | |
| Q4 FY2025 | 2.51 | 2.76 | +9.96% | +22.67% | 11.98B | 12.28B | +2.44% | -18.50% | |
| Q3 FY2025 | 2.36 | 2.79 | +18.22% | +17.23% | 12.11B | 16.96B | +40.11% | +15.47% | |
| Q2 FY2025 | 2.25 | 2.20 | -2.22% | +2.80% | 11.85B | 15.66B | +32.12% | +54.52% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 13.53 | — | — | +9.86% | 55.92B | — | — | +5.75% |
| FY2027 | 12.32 | — | — | +5.09% | 52.88B | — | — | +2.00% |
| FY2026 | 11.72 | — | — | +13.81% | 51.85B | — | — | -15.85% |
| FY2025 | 10.04 | 10.30 | +2.62% | +15.86% | 47.07B | 61.61B | +30.90% | +23.14% |
| FY2024 | 9.03 | 8.89 | -1.57% | +6.34% | 57.65B | 50.04B | -13.20% | -3.65% |
| FY2023 | 7.99 | 8.36 | +4.61% | -20.46% | 37.66B | 51.93B | +37.89% | +9.98% |
| FY2022 | 8.11 | 10.51 | +29.57% | -6.08% | 34.54B | 47.22B | +36.69% | +2.34% |
Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved
Royal Bank of Canada analyst forecastWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
12-month price target
225.00 USD
+11.79%
Analysts' 1-year price targets range from 225.00 to 225.00, with an average of 225.00.
Past year
1-year forecast
Strong sellStrong buy
Hold
2 ratings
| Buy | 1 | |
| Hold | 1 | |
| Sell | 0 |
12-month price target
| Highest target | 225.00 |
| Average target | 225.00 |
| Lowest target | 225.00 |
| Current price | 201.27 |
Royal Bank of Canada valuationWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 18.06
- Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 16.34
- Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.
- 2.79
- Price to bookWhat is the P/B ratio? The price-to-book ratio compares a company's market value with its book value, the shareholders' equity on its balance sheet.
- 2.74
- EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.
- 23.50
Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.
Market capitalization
279.08B USD
+
Total debt
293.06B USD
−
Cash and short-term investments
44.99B USD
=
Enterprise value
527.15B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Royal Bank of Canada against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Wells Fargo &, Bank of America, Citigroup, and JPMorgan Chase &, the US Banks - Diversified companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Above its median18.110.220.1
- Gross marginAt its median45.3%40.3%87.2%Against its peers: 4 of 5Peers' median 58.0%
- Operating marginAt its median18.7%14.8%35.8%Against its peers: 4 of 5Peers' median 20.0%
- Net marginAt its median14.8%12.1%27.8%Against its peers: 4 of 5Peers' median 16.6%
- Return on equityAbove its median14.6%12.7%16.3%Against its peers: 2 of 5Peers' median 10.9%
- Free cash flow marginAbove its median38.6%15.5%102.0%Against its peers: 1 of 5Peers' median -29.7%
- Revenue growthBelow its median2.1%-5.7%69.8%Against its peers: 2 of 5Peers' median -0.9%
- EPS growthAbove its median25.5%-6.7%41.4%Against its peers: 1 of 5Peers' median 17.6%
- Debt to EBITDABelow its median29.06×24.43×36.82×Against its peers: 4 of 5Peers' median 12.26×
- Current ratioLowest in 5 years0.130.130.21Against its peers: 5 of 5Peers' median 0.45
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Royal Bank of Canada growth and profitabilityWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.
- 142.87B CAD
- Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
- 22.75B CAD
- Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- 48.53%
- Operating margin
- 20.36%
- Net margin
- 15.92%
Revenue / Net income
Revenue Net income Net margin
Royal Bank of Canada revenue breakdown
By region
FY2025
70.9%Canada29.1%United States
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Canada | 41.86B | 70.9% | +16.8% |
| United States | 17.20B | 29.1% | +14.4% |
How Royal Bank of Canada makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Revenue137.36B 100.0%
Cost of revenue75.19B 54.7%
Gross profit62.17B 45.3%
Selling and administration23.12B 16.8%
Other operating expenses13.40B 9.8%
Operating income25.65B 18.7%
Tax5.28B 3.8%
Other expense7.00M 0.0%
Net income20.36B 14.8%
FY2025, in CAD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in CAD. Each band is as wide as its money; the percentage is its share of revenue.
Royal Bank of Canada dividendsWhat is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.
- Annual dividend
- 5.02 USD
- Dividend yield (indicated)What is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.
- 2.49%
- Payout ratioWhat is the payout ratio? The payout ratio is the share of a company's earnings paid out as dividends: dividends per share divided by earnings per share (EPS).
- 43.95%
- Years of dividend growthWhat are years of dividend growth? The years in a row a company has raised its dividend per share. 25 years make an S&P 500 company a Dividend Aristocrat; 50 make a Dividend King.
- 10
- Frequency
- Quarterly
- Next payment
- 1.25 USD
- Last ex-dividend dateWhat is the ex-dividend date? The ex-dividend date is the first day a stock trades without its next dividend: buy before it to receive the payment; buy on or after it and the seller gets it.
- 26 Oct 2026
- Next payment date
- 24 Nov 2026
Dividends per share
Royal Bank of Canada financial health
- Cash and short-term investments
- 64.17B CAD
- Total debt
- 418.01B CAD
- Net cash
- -353.84B CAD
- Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
- 14.11B CAD
- Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.
- 4.85
- Debt to equityWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
- 2.88
- Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.
- 6 / 9
- Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.
- 0.28
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Royal Bank of Canada ownershipWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 60.52%
- Institutional holders
- 1,041 (+49)
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 99.75%
Who owns the shares
Institutions 60.5% Others 39.5%
As of 30 Jun 2026
Shares free to trade
Free float 1.38B shares ·99.7% Closely held 3.47M shares ·0.3%
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Source: Financial Modeling Prep
Title: Royal Bank of Canada
Sector: Financial Services
Industry: Banks - Diversified
Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.5 trillion in assets at the end of July 2026. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital markets businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.