Royal Bank of Canada company logo
Royal Bank of Canada logo

Royal Bank of Canada (RY) Interest Expense

Annual Interest Expense

$50.57B$5.99B-10.59%

Summary

Current Value
As of today, RY annual interest expense is $50.57B, down -10.59% on
Historical Performance
RY annual interest expense is up +260.79% over the past 3 years, and up +384.52% over the past 5 years
All-Time High Comparison
RY annual interest expense is currently -10.59% below its historical high of $56.56B set on
3-Year Low Comparison
RY annual interest expense is +260.79% above its 3-year low of $14.02B reached on an earlier date
Sector Comparison
RY annual interest expense is higher than 99.54% of companies in Financial Services sector

Interest Expense Chart

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Series
SUGGESTED SERIES

Performance

RY Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$50.57B-10.6%+260.8%+384.5%+582.0%
Quarterly Interest Expense$12.71B-7.8%+96.4%+585.5%+537.6%
TTM Interest Expense$50.57B-10.6%+264.7%+383.6%+581.9%
Price$169.61+42.4%+64.5%+103.1%+205.0%
Annual Interest Coverage Ratio1.36+7.9%-35.5%-32.7%-28.8%
Annual EBIT$68.84B-3.3%+133.0%+226.7%+387.2%
Annual Total Debt$250.10B-6.1%-0.5%-0.1%+231.8%
Annual Revenue$97.16B-0.7%+89.9%+117.4%+179.9%

Interest Expense Highs

RY Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$56.56B-10.6%
5Y$56.56B-10.6%
All$56.56B-10.6%

Interest Expense Lows

RY Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$14.02BN/A+260.8%
5Y$6.47B+681.2%
All$4.05B+1149.2%

Interest Expense History

YearValueChange
$50.57B-10.6%
$56.56B+23.3%
$45.87B+227.2%
$14.02B+116.5%
$6.47B-38.0%
$10.44B-35.7%
$16.24B+38.8%
$11.71B+56.9%
$7.46B+25.0%
$5.97B-6.6%
$6.39B-11.8%
$7.25B-6.4%
$7.74B-6.9%
$8.31B-13.2%
$9.58B+29.2%
$7.42B-4.1%
$7.73B-50.3%
$15.56B-9.2%
$17.14B+26.7%
$13.53B+61.7%
$8.37B+47.8%
$5.66B+10.1%
$5.14B+7.7%
YearValueChange
$4.77B-31.9%
$7.01B-4.6%
$7.34B+21.1%
$6.07B-8.6%
$6.63B+9.7%
$6.05B-3.5%
$6.27B+7.1%
$5.85B+30.9%
$4.47B+10.5%
$4.05B-22.1%
$5.20B-27.6%
$7.18B-10.7%
$8.04B+18.6%
$6.78B+39.2%
$4.87B+18.8%
$4.10B-7.9%
$4.45B-10.7%
$4.98B-5.5%
$5.28B-2.8%
$5.43B-35.5%
$8.42B+11.7%
$7.54B+64.6%
$4.58B-

FAQ

  • What is the current annual interest expense of RY?

    As of today, RY annual interest expense is $50.57B

  • What is 1-year change in RY annual interest expense?

    RY annual interest expense is down -10.59% year-over-year

  • What is 3-year change in RY annual interest expense?

    RY annual interest expense is up +260.79% over the past 3 years

  • How far is RY annual interest expense from its all-time high?

    RY annual interest expense is currently -10.59% below its historical high of $56.56B set on October 31, 2024

  • How does RY annual interest expense rank versus sector peers?

    RY annual interest expense is higher than 99.54% of companies in Financial Services sector

  • When is RY next annual earnings release?

    As of today, the next annual earnings release for RY has not been scheduled

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. RY Official Website www.rbc.com
  2. RY Profile on Yahoo Finance finance.yahoo.com/quote/RY
  3. RY Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ry