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Royal Bank of Canada (FRA:RYC) Net Margin %

: 26.58% (As of Jan. 2024)
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Net margin is calculated as Net Income divided by its Revenue. Royal Bank of Canada's Net Income for the three months ended in Jan. 2024 was €2,448 Mil. Royal Bank of Canada's Revenue for the three months ended in Jan. 2024 was €9,211 Mil. Therefore, Royal Bank of Canada's net margin for the quarter that ended in Jan. 2024 was 26.58%.

The historical rank and industry rank for Royal Bank of Canada's Net Margin % or its related term are showing as below:

FRA:RYC' s Net Margin % Range Over the Past 10 Years
Min: 24.27   Med: 28.19   Max: 32.38
Current: 27.86


FRA:RYC's Net Margin % is ranked better than
57.8% of 1462 companies
in the Banks industry
Industry Median: 25.505 vs FRA:RYC: 27.86

Royal Bank of Canada Net Margin % Historical Data

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.

* Premium members only.

Royal Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.10 24.27 32.38 32.38 26.41

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
Net Margin % 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 23.49 27.01 26.81 31.16 26.58

Competitive 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 % Distribution

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.



Royal Bank of Canada Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Royal Bank of Canada's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=10262.159/38852.415
=26.41 %

Royal Bank of Canada's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=2448.365/9211.459
=26.58 %

* 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  (FRA:RYC) 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

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Royal Bank of Canada (FRA:RYC) 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.

Royal Bank of Canada (FRA:RYC) Headlines

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