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Royal Bank of Canada (Royal Bank of Canada) Revenue

: $40,640 Mil (TTM As of Jan. 2024)
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Royal Bank of Canada's revenue for the three months ended in Jan. 2024 was $10,034 Mil. Its revenue for the trailing twelve months (TTM) ended in Jan. 2024 was $40,640 Mil. Royal Bank of Canada's Revenue per Share for the three months ended in Jan. 2024 was $7.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $29.07.

Good Sign:

Royal Bank of Canada has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Royal Bank of Canada was 11.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Royal Bank of Canada's highest 3-Year average Revenue per Share Growth Rate was 15.60% per year. The lowest was 1.80% per year. And the median was 7.00% per year.


Royal Bank of Canada Revenue Historical Data

The historical data trend for Royal Bank of Canada's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Royal Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,701.65 35,636.25 39,839.96 35,630.80 41,026.84

Royal Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,929.97 10,017.80 10,925.74 9,662.34 10,034.27

Competitive Comparison

For the Banks - Diversified subindustry, Royal Bank of Canada's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royal Bank of Canada Revenue Distribution

For the Banks industry and Financial Services sector, Royal Bank of Canada's Revenue distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's Revenue falls into.



Royal Bank of Canada Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $40,640 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Royal Bank of Canada  (NYSE:RY) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Royal Bank of Canada Revenue Related Terms

Thank you for viewing the detailed overview of Royal Bank of Canada's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Royal Bank of Canada (Royal Bank of Canada) Business Description

Address
1 Place Ville-Marie, Corporate Secretary's Department, Montreal, QC, CAN, H3B 3A9
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.