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 99.55% of companies in Financial Services sector

Interest Expense Chart

Add series to chart
Add series to chart1/6
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$169.55+39.4%+72.7%+99.6%+223.6%
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%
YearValueChange
$16.24B+38.8%
$11.71B+56.9%
$7.46B+25.0%
$5.97B-6.6%
$6.39B-

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 99.55% 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