The historical rank and industry rank for Royal Bank of Canada's Net Margin % or its related term are showing as below:
MEX:RY N'
s Net Margin % Range Over the Past 10 Years
Min: 24.27 Med: 28.4 Max: 32.38
Current: 31.85
MEX:RY N's Net Margin % is ranked better than 67.19% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs MEX:RY N: 31.85
Royal Bank of Canada (MEX:RY N) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Royal Bank of Canada Net Margin % Related Terms
Royal Bank of Canada Net Margin % Historical Data
* Premium members only.
The historical data trend for Royal Bank of Canada's Net Margin % 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.
MEX:RY N vs JPM, BAC, WFC: Net Margin % Comparison
For the Banks - Diversified subindustry, Royal Bank of Canada's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Royal Bank of Canada's Net Margin % distribution charts can be found below:
* The bar in red indicates where Royal Bank of Canada's Net Margin % falls into.
* 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 (MEX:RY N) has a Net Margin % of 31.60% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Royal Bank of Canada and its competitors. This is 11% above median its historical median of 28.40. Over the past decade, Royal Bank of Canada's Net Margin % has ranged from 24.27 to 32.38. According to the industry distribution chart, Royal Bank of Canada ranks #501 out of 1527 companies in the Banks industry, placing it in the top 32.8%.
Is Royal Bank of Canada's Net Margin % too high?
Royal Bank of Canada's current Net Margin % of 31.60% is 11% above median its 10-year median of 28.40. Over the past 10 years, this metric has ranged from a low of 24.27 to a high of 32.38. The Banks industry median Net Margin % is 26.95. Royal Bank of Canada's value of 31.60% is 17.3% above this industry median. Based on the distribution chart, Royal Bank of Canada ranks #501 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, Royal Bank of Canada has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Royal Bank of Canada's Net Margin % compare to JPM and BAC?
According to the Banks industry distribution chart, Royal Bank of Canada ranks #501 out of 1527 companies for Net Margin %. This puts Royal Bank of Canada in the upper half of its industry. The industry median Net Margin % is 26.95. Royal Bank of Canada's value of 31.60% is 17.3% above this benchmark. Historically, Royal Bank of Canada's own Net Margin % has ranged from 24.27 to 32.38 over the past decade. While the company's 10-year median is 28.40 vs. the industry median of 26.95, Royal Bank of Canada has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Bank of Canada's current Net Margin % of 31.60% is 17.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Royal Bank of Canada and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Bank of Canada's current Net Margin % is 31.60%, which is 11% above median its own 10-year median of 28.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Bank of Canada stock overvalued right now?
Royal Bank of Canada (MEX:RY N) has a current Net Margin % of 31.60%. The stock's GF Value™ is MXN2,116.43, compared to a current price of MXN2,990.00 — trading 41.3% above its estimated fair value. The current Net Margin % is 31.60%, which is 11% above median its 10-year median of 28.40 and 17.3% above the Banks industry median of 26.95. Royal Bank of Canada's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Royal Bank of Canada (MEX:RY N), the current Net Margin % is 31.60% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Royal Bank of Canada (MEX:RY N) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Bank of Canada stock appears to be overvalued.
The current stock price of MXN2,990.00 is trading 41.3% above its estimated GF Value™ of MXN2,116.43.
Key valuation signals for MEX:RY N:
Net Margin %: 31.60% (11% above median its 10-year median of 28.40)
GF Value™: MXN2,116.43 vs. price of MXN2,990.00 (41.3% above fair value)
Industry Position: 17.3% above the Banks median (#501 of 1527)
No single metric tells the full story. See the MEX:RY N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.4 trillion in assets at the end of April 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 market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.
77GF Score
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