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 99.60% 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

What is the current quarterly interest expense of RY?

As of today, RY quarterly interest expense is $12.05B

What is RY quarterly interest expense most recent change?

RY quarterly interest expense was down -4.58% on April 30, 2026

What is 1-year change in RY quarterly interest expense?

RY quarterly interest expense is up +1.23% year-over-year

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

RY quarterly interest expense is currently -16.50% below its historical high of $14.43B set on July 31, 2024

How does RY quarterly interest expense rank versus sector peers?

RY quarterly interest expense is higher than 99.44% of companies in Financial Services sector

When is RY next earnings release?

The next earnings release for RY is on August 27, 2026

What is the current TTM interest expense of RY?

As of today, RY TTM interest expense is $50.32B

What is RY TTM interest expense most recent change?

RY TTM interest expense was up +0.29% on April 30, 2026

What is 1-year change in RY TTM interest expense?

RY TTM interest expense is down -5.33% year-over-year

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

RY TTM interest expense is currently -11.05% below its historical high of $56.57B set on October 31, 2024

How does RY TTM interest expense rank versus sector peers?

RY TTM interest expense is higher than 99.44% of companies in Financial Services sector

When is RY next earnings release?

The next earnings release for RY is on August 27, 2026

RY Interest Expense History & Chart Since 1980

Annual Interest Expense

$50.57B$5.99B-10.59%

October 31, 2025

Summary

Current Value: As of today, RY annual interest expense is $50.57B, down -10.59% on October 31, 2025
Historical Performance: RY annual interest expense is up +260.79% over the past 3 years, 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 October 31, 2024
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 99.60% of companies in Financial Services sector

Interest Expense Chart

beforeafter

Performance

RY Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Interest Expense	Oct 31, 25	$50.57B	-10.6%	+260.8%	+384.5%	+582.0%
Quarterly Interest Expense	Apr 30, 26	$12.05B	+1.2%	+14.8%	+642.0%	+448.1%
TTM Interest Expense	Apr 30, 26	$50.32B	-5.3%	+65.1%	+594.0%	+513.2%
Price	Aug 13, 26	$214.60	+57.9%	+126.3%	+104.9%	+315.6%
Annual Interest Coverage Ratio	Oct 31, 25	1.36	+7.9%	-35.5%	-32.7%	-28.8%
Annual EBIT	Oct 31, 25	$68.84B	-3.3%	+133.0%	+226.7%	+387.2%
Annual Total Debt	Oct 31, 25	$250.10B	-6.1%	-0.5%	-0.1%	+231.8%
Annual Revenue	Oct 31, 25	$97.16B	-0.7%	+89.9%	+117.4%	+179.9%

Interest Expense Highs

RY Annual Interest Expense Highs Comparison
Period	High	Date	Current
3Y	$56.56B	Oct 31, 24	-10.6%
5Y	$56.56B	Oct 31, 24	-10.6%
All	$56.56B	Oct 31, 24	-10.6%

Interest Expense Lows

RY Annual Interest Expense Lows Comparison
Period	Low	Date	Current
3Y	$14.02B	N/A	+260.8%
5Y	$6.47B	Oct 31, 21	+681.2%
All	$4.05B	Oct 31, 93	+1149.2%

Interest Expense History

Year	Value	Change
2025	$50.57B	-10.6%
2024	$56.56B	+23.3%
2023	$45.87B	+227.2%
2022	$14.02B	+116.5%
2021	$6.47B	-38.0%
2020	$10.44B	-35.7%
2019	$16.24B	+38.8%
2018	$11.71B	+56.9%
2017	$7.46B	+25.0%
2016	$5.97B	-6.6%
2015	$6.39B	-11.8%
2014	$7.25B	-6.4%
2013	$7.74B	-6.9%
2012	$8.31B	-13.2%
2011	$9.58B	+29.2%
2010	$7.42B	-4.1%
2009	$7.73B	-50.3%
2008	$15.56B	-9.2%
2007	$17.14B	+26.7%
2006	$13.53B	+61.7%
2005	$8.37B	+47.8%
2004	$5.66B	+10.1%
2003	$5.14B	+7.7%

Year	Value	Change
2002	$4.77B	-31.9%
2001	$7.01B	-4.6%
2000	$7.34B	+21.1%
1999	$6.07B	-8.6%
1998	$6.63B	+9.7%
1997	$6.05B	-3.5%
1996	$6.27B	+7.1%
1995	$5.85B	+30.9%
1994	$4.47B	+10.5%
1993	$4.05B	-22.1%
1992	$5.20B	-27.6%
1991	$7.18B	-10.7%
1990	$8.04B	+18.6%
1989	$6.78B	+39.2%
1988	$4.87B	+18.8%
1987	$4.10B	-7.9%
1986	$4.45B	-10.7%
1985	$4.98B	-5.5%
1984	$5.28B	-2.8%
1983	$5.43B	-35.5%
1982	$8.42B	+11.7%
1981	$7.54B	+64.6%
1980	$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 99.60% 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

Quarterly Interest Expense

$12.05B$578.43M-4.58%

April 30, 2026

Summary

Current Value: As of today, RY quarterly interest expense is $12.05B, down -4.58% on April 30, 2026
Historical Performance: RY quarterly interest expense is up +1.23% year-over-year, up +14.75% over the past 3 years
All-Time High Comparison: RY quarterly interest expense is currently -16.50% below its historical high of $14.43B set on July 31, 2024
3-Year Low Comparison: RY quarterly interest expense is +1.23% above its 3-year low of $11.90B reached on April 30, 2025
Sector Comparison: RY quarterly interest expense is higher than 99.44% of companies in Financial Services sector

Performance

RY Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Interest Expense	Apr 30, 26	$12.05B	-4.6%	+1.2%	+14.8%	+642.0%
Annual Interest Expense	Oct 31, 25	$50.57B	–	-10.6%	+260.8%	+384.5%
TTM Interest Expense	Apr 30, 26	$50.32B	+0.3%	-5.3%	+65.1%	+594.0%
Price	Aug 13, 26	$214.60	+19.3%	+57.9%	+126.3%	+104.9%
Quarterly Interest Coverage Ratio	Apr 30, 26	1.43	+0.7%	+7.5%	+9.2%	-59.5%
Quarterly EBIT	Apr 30, 26	$17.21B	-4.0%	+9.1%	+25.0%	+200.7%
Quarterly Total Debt	Apr 30, 26	$286.73B	+7.1%	+20.3%	-46.8%	+14.9%
Quarterly Revenue	Apr 30, 26	$24.51B	-3.0%	+8.1%	+26.1%	+131.2%

Quarterly Interest Expense Highs

RY Quarterly Interest Expense Highs Comparison
Period	High	Date	Current
1Y	$12.92B	N/A	-6.8%
3Y	$14.43B	Jul 31, 24	-16.5%
5Y	$14.43B	Jul 31, 24	-16.5%
All	$14.43B	Jul 31, 24	-16.5%

Quarterly Interest Expense Lows

RY Quarterly Interest Expense Lows Comparison
Period	Low	Date	Current
1Y	$12.05B	Apr 30, 26	at low
3Y	$11.90B	Apr 30, 25	+1.2%
5Y	$1.55B	Oct 31, 21	+675.6%
All	$1.14B	Apr 30, 02	+960.6%

Quarterly Interest Expense History

Month	Value	Change
Apr 2026	$12.05B	-4.6%
Jan 2026	$12.63B	-0.7%
Oct 2025	$12.72B	-1.6%
Jul 2025	$12.92B	+8.6%
Apr 2025	$11.90B	-8.7%
Jan 2025	$13.03B	-5.5%
Oct 2024	$13.79B	-4.5%
Jul 2024	$14.43B	+2.4%
Apr 2024	$14.09B	-1.1%
Jan 2024	$14.26B	+7.7%
Oct 2023	$13.23B	+6.7%
Jul 2023	$12.40B	+18.1%
Apr 2023	$10.50B	+7.8%
Jan 2023	$9.74B	+50.4%
Oct 2022	$6.48B	+71.9%
Jul 2022	$3.77B	+92.1%
Apr 2022	$1.96B	+17.9%
Jan 2022	$1.66B	+7.1%
Oct 2021	$1.55B	-1.8%
Jul 2021	$1.58B	-2.6%
Apr 2021	$1.62B	-5.0%
Jan 2021	$1.71B	-7.8%
Oct 2020	$1.85B	-10.0%
Jul 2020	$2.06B	-24.5%
Apr 2020	$2.73B	-28.4%
Jan 2020	$3.81B	-5.4%
Oct 2019	$4.03B	-4.3%
Jul 2019	$4.21B	+4.6%
Apr 2019	$4.02B	+1.0%
Jan 2019	$3.98B	+20.1%
Oct 2018	$3.32B	+7.4%
Jul 2018	$3.09B	+14.5%
Apr 2018	$2.70B	+10.4%
Jan 2018	$2.45B	+9.8%
Oct 2017	$2.23B	+15.4%
Jul 2017	$1.93B	+12.0%
Apr 2017	$1.72B	+7.6%
Jan 2017	$1.60B	+3.7%
Oct 2016	$1.54B	-2.9%
Jul 2016	$1.59B	+6.9%
Apr 2016	$1.49B	+9.8%
Jan 2016	$1.35B	-6.9%
Oct 2015	$1.46B	-7.9%
Jul 2015	$1.58B	-1.3%
Apr 2015	$1.60B	-9.9%
Jan 2015	$1.78B	+2.5%
Oct 2014	$1.73B	-7.4%
Jul 2014	$1.87B	+5.0%
Apr 2014	$1.78B	-4.1%
Jan 2014	$1.86B	-5.4%
Oct 2013	$1.97B	+3.6%
Jul 2013	$1.90B	+1.1%
Apr 2013	$1.88B	-6.4%
Jan 2013	$2.01B	-2.4%

Month	Value	Change
Oct 2012	$2.06B	+0.1%
Jul 2012	$2.05B	-1.3%
Apr 2012	$2.08B	-2.0%
Jan 2012	$2.12B	+7.3%
Oct 2011	$1.98B	-18.9%
Jul 2011	$2.44B	+11.0%
Apr 2011	$2.20B	-0.3%
Jan 2011	$2.20B	+10.5%
Oct 2010	$1.99B	+10.2%
Jul 2010	$1.81B	+1.2%
Apr 2010	$1.79B	-2.0%
Jan 2010	$1.82B	+3.7%
Oct 2009	$1.76B	+4.1%
Jul 2009	$1.69B	-5.8%
Apr 2009	$1.79B	-26.6%
Jan 2009	$2.44B	-24.5%
Oct 2008	$3.24B	-9.5%
Jul 2008	$3.57B	-13.7%
Apr 2008	$4.14B	-11.5%
Jan 2008	$4.68B	+6.1%
Oct 2007	$4.41B	-4.0%
Jul 2007	$4.60B	+9.9%
Apr 2007	$4.18B	+5.6%
Jan 2007	$3.96B	+1.2%
Oct 2006	$3.91B	+7.1%
Jul 2006	$3.65B	+15.5%
Apr 2006	$3.16B	+12.0%
Jan 2006	$2.82B	+16.8%
Oct 2005	$2.42B	+16.2%
Jul 2005	$2.08B	+11.3%
Apr 2005	$1.87B	+0.3%
Jan 2005	$1.86B	+28.2%
Oct 2004	$1.45B	+11.4%
Jul 2004	$1.31B	+3.4%
Apr 2004	$1.26B	+0.5%
Jan 2004	$1.26B	-4.2%
Oct 2003	$1.31B	-4.8%
Jul 2003	$1.38B	+12.8%
Apr 2003	$1.22B	-1.3%
Jan 2003	$1.24B	+0.3%
Oct 2002	$1.23B	+0.4%
Jul 2002	$1.23B	+8.1%
Apr 2002	$1.14B	-11.6%
Jan 2002	$1.28B	-16.3%
Oct 2001	$1.54B	-9.4%
Jul 2001	$1.69B	-6.2%
Apr 2001	$1.81B	-8.3%
Jan 2001	$1.97B	-0.4%
Oct 2000	$1.98B	+5.8%
Jul 2000	$1.87B	+5.6%
Apr 2000	$1.77B	+3.0%
Jan 2000	$1.72B	+8.9%
Oct 1999	$1.58B	+24.7%
Jul 1999	$1.27B	-

FAQ

What is the current quarterly interest expense of RY?: As of today, RY quarterly interest expense is $12.05B
What is RY quarterly interest expense most recent change?: RY quarterly interest expense was down -4.58% on April 30, 2026
What is 1-year change in RY quarterly interest expense?: RY quarterly interest expense is up +1.23% year-over-year
How far is RY quarterly interest expense from its all-time high?: RY quarterly interest expense is currently -16.50% below its historical high of $14.43B set on July 31, 2024
How does RY quarterly interest expense rank versus sector peers?: RY quarterly interest expense is higher than 99.44% of companies in Financial Services sector
When is RY next earnings release?: The next earnings release for RY is on August 27, 2026

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

TTM Interest Expense

$50.32B$146.79M+0.29%

April 30, 2026

Summary

Current Value: As of today, RY TTM interest expense is $50.32B, up +0.29% on April 30, 2026
Historical Performance: RY TTM interest expense is down -5.33% year-over-year, up +65.07% over the past 3 years
All-Time High Comparison: RY TTM interest expense is currently -11.05% below its historical high of $56.57B set on October 31, 2024
3-Year Low Comparison: RY TTM interest expense is +28.64% above its 3-year low of $39.12B reached on an earlier date
Sector Comparison: RY TTM interest expense is higher than 99.44% of companies in Financial Services sector

Performance

RY Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Interest Expense	Apr 30, 26	$50.32B	+0.3%	-5.3%	+65.1%	+594.0%
Annual Interest Expense	Oct 31, 25	$50.57B	–	-10.6%	+260.8%	+384.5%
Quarterly Interest Expense	Apr 30, 26	$12.05B	-4.6%	+1.2%	+14.8%	+642.0%
Price	Aug 13, 26	$214.60	+19.3%	+57.9%	+126.3%	+104.9%
TTM EBIT	Apr 30, 26	$70.69B	+2.1%	+2.0%	+57.9%	+233.2%
TTM Revenue	Apr 30, 26	$99.69B	+1.9%	+3.0%	+47.7%	+129.2%

TTM Interest Expense Highs

RY TTM Interest Expense Highs Comparison
Period	High	Date	Current
1Y	$51.65B	N/A	-2.6%
3Y	$56.57B	Oct 31, 24	-11.1%
5Y	$56.57B	Oct 31, 24	-11.1%
All	$56.57B	Oct 31, 24	-11.1%

TTM Interest Expense Lows

RY TTM Interest Expense Lows Comparison
Period	Low	Date	Current
1Y	$50.17B	Jan 31, 26	+0.3%
3Y	$39.12B	N/A	+28.6%
5Y	$6.42B	Jan 31, 22	+683.4%
All	$1.27B	Jul 31, 99	+3874.5%

TTM Interest Expense History

Month	Value	Change
Apr 2026	$50.32B	+0.3%
Jan 2026	$50.17B	-0.8%
Oct 2025	$50.57B	-2.1%
Jul 2025	$51.65B	-2.8%
Apr 2025	$53.15B	-4.0%
Jan 2025	$55.34B	-2.2%
Oct 2024	$56.57B	+1.0%
Jul 2024	$56.02B	+3.8%
Apr 2024	$53.99B	+7.1%
Jan 2024	$50.39B	+9.8%
Oct 2023	$45.87B	+17.3%
Jul 2023	$39.12B	+28.3%
Apr 2023	$30.48B	+38.9%
Jan 2023	$21.94B	+58.2%
Oct 2022	$13.87B	+55.0%
Jul 2022	$8.94B	+32.3%
Apr 2022	$6.76B	+5.2%
Jan 2022	$6.42B	-0.7%
Oct 2021	$6.47B	-4.4%
Jul 2021	$6.77B	-6.6%
Apr 2021	$7.25B	-13.2%
Jan 2021	$8.36B	-20.1%
Oct 2020	$10.46B	-17.2%
Jul 2020	$12.63B	-14.5%
Apr 2020	$14.78B	-8.1%
Jan 2020	$16.07B	-1.1%
Oct 2019	$16.25B	+4.6%
Jul 2019	$15.54B	+7.8%
Apr 2019	$14.42B	+10.1%
Jan 2019	$13.09B	+13.3%
Oct 2018	$11.55B	+10.4%
Jul 2018	$10.46B	+12.5%
Apr 2018	$9.30B	+11.7%
Jan 2018	$8.33B	+11.3%
Oct 2017	$7.48B	+10.0%
Jul 2017	$6.80B	+5.3%
Apr 2017	$6.46B	+3.8%
Jan 2017	$6.22B	+4.1%
Oct 2016	$5.98B	+1.5%
Jul 2016	$5.89B	+0.2%
Apr 2016	$5.88B	-1.9%
Jan 2016	$5.99B	-6.6%
Oct 2015	$6.41B	-4.2%
Jul 2015	$6.69B	-4.2%
Apr 2015	$6.98B	-2.5%
Jan 2015	$7.17B	-1.2%
Oct 2014	$7.25B	-3.1%
Jul 2014	$7.48B	-0.3%
Apr 2014	$7.51B	-1.2%
Jan 2014	$7.60B	-1.9%
Oct 2013	$7.75B	-1.1%
Jul 2013	$7.83B	-2.0%
Apr 2013	$7.99B	-2.5%
Jan 2013	$8.20B	-1.4%

Month	Value	Change
Oct 2012	$8.31B	+0.9%
Jul 2012	$8.24B	-4.5%
Apr 2012	$8.62B	-1.3%
Jan 2012	$8.74B	-0.9%
Oct 2011	$8.82B	-0.2%
Jul 2011	$8.84B	+7.7%
Apr 2011	$8.21B	+5.3%
Jan 2011	$7.80B	+5.1%
Oct 2010	$7.42B	+3.3%
Jul 2010	$7.18B	+1.7%
Apr 2010	$7.06B	-0.1%
Jan 2010	$7.07B	-8.0%
Oct 2009	$7.69B	-16.1%
Jul 2009	$9.16B	-17.1%
Apr 2009	$11.05B	-17.5%
Jan 2009	$13.40B	-14.3%
Oct 2008	$15.64B	-7.0%
Jul 2008	$16.81B	-5.7%
Apr 2008	$17.84B	-0.2%
Jan 2008	$17.88B	+4.2%
Oct 2007	$17.16B	+3.0%
Jul 2007	$16.66B	+6.0%
Apr 2007	$15.72B	+7.0%
Jan 2007	$14.69B	+8.4%
Oct 2006	$13.55B	+12.4%
Jul 2006	$12.06B	+15.0%
Apr 2006	$10.48B	+14.1%
Jan 2006	$9.19B	+11.7%
Oct 2005	$8.23B	+13.3%
Jul 2005	$7.27B	+11.9%
Apr 2005	$6.49B	+10.3%
Jan 2005	$5.88B	+11.5%
Oct 2004	$5.28B	+2.8%
Jul 2004	$5.13B	-1.4%
Apr 2004	$5.21B	+0.8%
Jan 2004	$5.17B	+0.4%
Oct 2003	$5.15B	+1.5%
Jul 2003	$5.07B	+3.0%
Apr 2003	$4.92B	+1.8%
Jan 2003	$4.84B	-1.0%
Oct 2002	$4.88B	-5.8%
Jul 2002	$5.18B	-8.3%
Apr 2002	$5.65B	-10.6%
Jan 2002	$6.32B	-9.8%
Oct 2001	$7.01B	-6.0%
Jul 2001	$7.45B	-2.3%
Apr 2001	$7.63B	+0.5%
Jan 2001	$7.59B	+3.4%
Oct 2000	$7.34B	+5.8%
Jul 2000	$6.94B	+9.5%
Apr 2000	$6.33B	+38.8%
Jan 2000	$4.56B	+60.4%
Oct 1999	$2.84B	+124.7%
Jul 1999	$1.27B	-

FAQ

What is the current TTM interest expense of RY?: As of today, RY TTM interest expense is $50.32B
What is RY TTM interest expense most recent change?: RY TTM interest expense was up +0.29% on April 30, 2026
What is 1-year change in RY TTM interest expense?: RY TTM interest expense is down -5.33% year-over-year
How far is RY TTM interest expense from its all-time high?: RY TTM interest expense is currently -11.05% below its historical high of $56.57B set on October 31, 2024
How does RY TTM interest expense rank versus sector peers?: RY TTM interest expense is higher than 99.44% of companies in Financial Services sector
When is RY next earnings release?: The next earnings release for RY is on August 27, 2026

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

RY Official Website www.rbc.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1000275/000119312525305927/0001193125-25-305927-index.htm
RY Profile on Yahoo Finance finance.yahoo.com/quote/RY
RY Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ry