What is the current annual net margin of RY?

As of today, RY annual net margin is 14.97%

What is 1-year change in RY annual net margin?

RY annual net margin is up +22.81% year-over-year

What is 3-year change in RY annual net margin?

RY annual net margin is down -37.60% over the past 3 years

How far is RY annual net margin from its all-time high?

RY annual net margin is currently -47.18% below its historical high of 28.34% set on October 31, 2021

How does RY annual net margin rank versus sector peers?

RY annual net margin is higher than 48.68% of companies in Financial Services sector

When is RY next annual earnings release?

The next annual earnings release for RY is on December 3, 2026

What is the current quarterly net margin of RY?

As of today, RY quarterly net margin is 15.74%

What is RY quarterly net margin most recent change?

RY quarterly net margin was down -4.02% on July 31, 2026

What is 1-year change in RY quarterly net margin?

RY quarterly net margin is up +0.06% year-over-year

How far is RY quarterly net margin from its all-time high?

RY quarterly net margin is currently -50.30% below its historical high of 31.67% set on April 30, 2022

How does RY quarterly net margin rank versus sector peers?

RY quarterly net margin is higher than 47.46% of companies in Financial Services sector

When is RY next earnings release?

The next earnings release for RY is on December 3, 2026

RY Net Margin History & Chart Since 1980

Annual Net Margin

14.97%2.78%+22.81%

October 31, 2025

Summary

Current Value: As of today, RY annual net margin is 14.97%, up +22.81% on October 31, 2025
Historical Performance: RY annual net margin is down -37.60% over the past 3 years, down -21.29% over the past 5 years
All-Time High Comparison: RY annual net margin is currently -47.18% below its historical high of 28.34% set on October 31, 2021
3-Year Low Comparison: RY annual net margin is +22.81% above its 3-year low of 12.19% reached on October 31, 2024
Sector Comparison: RY annual net margin is higher than 48.68% of companies in Financial Services sector

Net Margin Chart

beforeafter

Performance

RY Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Oct 31, 25	14.97%	+22.8%	-37.6%	-21.3%	+1.4%
Quarterly Net Margin	Jul 31, 26	15.74%	+0.1%	+19.3%	-47.2%	-13.5%
Price	Sep 17, 26	$203.57	+39.3%	+122.8%	+103.3%	+328.9%
PE Ratio	Sep 17, 26	17.79	+15.4%	+49.4%	+48.5%	+51.1%
Annual Revenue	Oct 31, 25	$97.16B	-0.7%	+89.9%	+117.4%	+179.9%
Annual Net Income	Oct 31, 25	$14.55B	+21.9%	+18.5%	+71.2%	+183.7%
Annual Gross Margin	Oct 31, 25	0.00%	0.0%	0.0%	0.0%	0.0%
Annual Operating Margin	Oct 31, 25	17.84%	+26.9%	-38.0%	-19.4%	-7.8%

Net Margin Highs

RY Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	23.99%	N/A	-37.6%
5Y	28.34%	Oct 31, 21	-47.2%
All	28.34%	Oct 31, 21	-47.2%

Net Margin Lows

RY Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	12.19%	Oct 31, 24	+22.8%
5Y	12.19%	Oct 31, 24	+22.8%
All	1.05%	Oct 1, 92	+1325.7%

Net Margin History

Year	Value	Change
2025	14.97%	+22.8%
2024	12.19%	-6.4%
2023	13.02%	-45.7%
2022	23.99%	-15.3%
2021	28.34%	+49.0%
2020	19.02%	-1.7%
2019	19.35%	-12.0%
2018	21.99%	-3.8%
2017	22.87%	+1.1%
2016	22.62%	-1.3%
2015	22.92%	+7.0%
2014	21.42%	-1.3%
2013	21.70%	+9.4%
2012	19.83%	+6.3%
2011	18.66%	+26.3%
2010	14.77%	+42.3%
2009	10.38%	-14.3%
2008	12.11%	-11.0%
2007	13.60%	+2.1%
2006	13.32%	+14.2%
2005	11.66%	-2.9%
2004	12.01%	-4.8%
2003	12.61%	+2.0%

Year	Value	Change
2002	12.36%	+23.1%
2001	10.04%	0.0%
2000	10.04%	+11.9%
1999	8.97%	-6.7%
1998	9.61%	-3.8%
1997	9.99%	+11.2%
1996	8.98%	+6.9%
1995	8.40%	-6.5%
1994	8.98%	+218.4%
1993	2.82%	+168.6%
1992	1.05%	-85.3%
1991	7.16%	+7.5%
1990	6.66%	+62.4%
1989	4.10%	-39.8%
1988	6.81%	+18.8%
1987	5.73%	+14.6%
1986	5.00%	+2.0%
1985	4.90%	+5.6%
1984	4.64%	-7.9%
1983	5.04%	+78.1%
1982	2.83%	-34.0%
1981	4.29%	-7.9%
1980	4.66%	-

FAQ

What is the current annual net margin of RY?: As of today, RY annual net margin is 14.97%
What is 1-year change in RY annual net margin?: RY annual net margin is up +22.81% year-over-year
What is 3-year change in RY annual net margin?: RY annual net margin is down -37.60% over the past 3 years
How far is RY annual net margin from its all-time high?: RY annual net margin is currently -47.18% below its historical high of 28.34% set on October 31, 2021
How does RY annual net margin rank versus sector peers?: RY annual net margin is higher than 48.68% of companies in Financial Services sector
When is RY next annual earnings release?: The next annual earnings release for RY is on December 3, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

15.74%0.66%-4.02%

July 31, 2026

Summary

Current Value: As of today, RY quarterly net margin is 15.74%, down -4.02% on July 31, 2026
Historical Performance: RY quarterly net margin is up +0.06% year-over-year, up +19.33% over the past 3 years
All-Time High Comparison: RY quarterly net margin is currently -50.30% below its historical high of 31.67% set on April 30, 2022
3-Year Low Comparison: RY quarterly net margin is +42.70% above its 3-year low of 11.03% reached on January 31, 2024
Sector Comparison: RY quarterly net margin is higher than 47.46% of companies in Financial Services sector

Performance

RY Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Jul 31, 26	15.74%	-4.0%	+0.1%	+19.3%	-47.2%
Annual Net Margin	Oct 31, 25	14.97%	–	+22.8%	-37.6%	-21.3%
Price	Sep 17, 26	$203.57	+1.0%	+39.3%	+122.8%	+103.3%
PE Ratio	Sep 17, 26	17.79	-1.6%	+15.4%	+49.4%	+48.5%
Quarterly Revenue	Jul 31, 26	$27.42B	+11.8%	+9.5%	+25.0%	+133.9%
Quarterly Net Income	Jul 31, 26	$4.31B	+7.3%	+9.5%	+49.1%	+23.4%
Quarterly Gross Margin	Jul 31, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Quarterly Operating Margin	Jul 31, 26	19.26%	-3.9%	+1.4%	+29.8%	-47.4%

Quarterly Net Margin Highs

RY Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	16.50%	Jan 31, 26	-4.6%
3Y	16.50%	Jan 31, 26	-4.6%
5Y	31.67%	Apr 30, 22	-50.3%
All	31.67%	Apr 30, 22	-50.3%

Quarterly Net Margin Lows

RY Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	15.73%	N/A	+0.1%
3Y	11.03%	Jan 31, 24	+42.7%
5Y	11.03%	Jan 31, 24	+42.7%
All	-0.13%	Apr 30, 09	>+9999.0%

Quarterly Net Margin History

Month	Value	Change
Jul 2026	15.74%	-4.0%
Apr 2026	16.40%	-0.6%
Jan 2026	16.50%	+4.8%
Oct 2025	15.75%	+0.1%
Jul 2025	15.73%	+15.5%
Apr 2025	13.62%	-7.3%
Jan 2025	14.70%	+16.9%
Oct 2024	12.57%	-4.3%
Jul 2024	13.13%	+9.6%
Apr 2024	11.98%	+8.6%
Jan 2024	11.03%	-14.2%
Oct 2023	12.86%	-2.5%
Jul 2023	13.19%	-5.7%
Apr 2023	13.98%	+16.5%
Jan 2023	12.00%	-35.4%
Oct 2022	18.58%	-13.3%
Jul 2022	21.42%	-32.4%
Apr 2022	31.67%	+15.0%
Jan 2022	27.53%	-0.6%
Oct 2021	27.69%	-7.1%
Jul 2021	29.82%	-0.9%
Apr 2021	30.08%	+16.0%
Jan 2021	25.94%	+6.2%
Oct 2020	24.42%	+18.0%
Jul 2020	20.69%	+92.8%
Apr 2020	10.73%	-46.2%
Jan 2020	19.96%	+2.3%
Oct 2019	19.51%	+0.8%
Jul 2019	19.35%	-0.6%
Apr 2019	19.46%	+2.0%
Jan 2019	19.08%	-13.6%
Oct 2018	22.08%	+7.1%
Jul 2018	20.62%	-9.1%
Apr 2018	22.69%	+4.7%
Jan 2018	21.67%	+1.6%
Oct 2017	21.32%	-3.9%
Jul 2017	22.18%	+0.1%
Apr 2017	22.16%	-15.5%
Jan 2017	26.21%	+15.9%
Oct 2016	22.61%	-4.0%
Jul 2016	23.54%	+5.0%
Apr 2016	22.42%	+2.6%
Jan 2016	21.86%	-15.7%
Oct 2015	25.92%	+13.9%
Jul 2015	22.76%	-1.6%
Apr 2015	23.12%	+10.4%
Jan 2015	20.95%	-11.0%
Oct 2014	23.53%	+8.9%
Jul 2014	21.61%	+0.5%
Apr 2014	21.51%	+7.4%
Jan 2014	20.03%	-4.8%
Oct 2013	21.04%	-16.2%
Jul 2013	25.10%	+25.5%
Apr 2013	20.00%	-4.0%
Jan 2013	20.83%	+5.4%
Oct 2012	19.77%	-13.5%
Jul 2012	22.86%	+31.7%
Apr 2012	17.36%	-10.0%
Jan 2012	19.28%	+0.3%
Oct 2011	19.23%	+5.7%
Jul 2011	18.19%	+10.0%
Apr 2011	16.53%	-15.0%
Jan 2011	19.45%	-21.7%
Oct 2010	24.85%	+67.5%
Jul 2010	14.84%	-3.4%
Apr 2010	15.36%	-38.9%

Month	Value	Change
Jan 2010	25.13%	+86.6%
Oct 2009	13.47%	-17.8%
Jul 2009	16.39%	>+9,900.0%
Apr 2009	-0.13%	-100.9%
Jan 2009	15.24%	+165.0%
Oct 2008	5.75%	-74.7%
Jul 2008	22.71%	+120.9%
Apr 2008	10.28%	-38.4%
Jan 2008	16.68%	-21.5%
Oct 2007	21.24%	+52.9%
Jul 2007	13.89%	+12.1%
Apr 2007	12.39%	-16.1%
Jan 2007	14.77%	+12.3%
Oct 2006	13.15%	-1.4%
Jul 2006	13.33%	+5.9%
Apr 2006	12.59%	-11.6%
Jan 2006	14.24%	+106.1%
Oct 2005	6.91%	-47.8%
Jul 2005	13.23%	+0.7%
Apr 2005	13.14%	-6.1%
Jan 2005	13.99%	+63.8%
Oct 2004	8.54%	-31.4%
Jul 2004	12.45%	-3.1%
Apr 2004	12.85%	-5.6%
Jan 2004	13.61%	+27.3%
Oct 2003	10.69%	-22.3%
Jul 2003	13.76%	+6.3%
Apr 2003	12.94%	-4.4%
Jan 2003	13.53%	+12.6%
Oct 2002	12.02%	-4.5%
Jul 2002	12.58%	+2.6%
Apr 2002	12.26%	+0.2%
Jan 2002	12.23%	+8.2%
Oct 2001	11.30%	+52.5%
Jul 2001	7.41%	-26.1%
Apr 2001	10.03%	-4.7%
Jan 2001	10.52%	-25.2%
Oct 2000	14.06%	+41.2%
Jul 2000	9.96%	-3.0%
Apr 2000	10.27%	+3.4%
Jan 2000	9.93%	+6.5%
Oct 1999	9.32%	-0.2%
Jul 1999	9.34%	-44.9%
Apr 1999	16.95%	+20.7%
Jan 1999	14.04%	-18.6%
Oct 1998	17.24%	-4.5%
Jul 1998	18.05%	+4.3%
Apr 1998	17.30%	-7.9%
Jan 1998	18.79%	+10.6%
Oct 1997	16.99%	-5.6%
Jul 1997	18.00%	-2.3%
Apr 1997	18.43%	+2.9%
Jan 1997	17.91%	+2.2%
Oct 1996	17.52%	-3.4%
Jul 1996	18.14%	+1.1%
Apr 1996	17.95%	-4.6%
Jan 1996	18.82%	+12.6%
Oct 1995	16.72%	-3.7%
Jul 1995	17.36%	+0.2%
Apr 1995	17.32%	-4.4%
Jan 1995	18.12%	+13.2%
Oct 1994	16.01%	-1.7%
Jul 1994	16.29%	+6.5%
Apr 1994	15.29%	-4.9%
Jan 1994	16.08%	-

FAQ

What is the current quarterly net margin of RY?: As of today, RY quarterly net margin is 15.74%
What is RY quarterly net margin most recent change?: RY quarterly net margin was down -4.02% on July 31, 2026
What is 1-year change in RY quarterly net margin?: RY quarterly net margin is up +0.06% year-over-year
How far is RY quarterly net margin from its all-time high?: RY quarterly net margin is currently -50.30% below its historical high of 31.67% set on April 30, 2022
How does RY quarterly net margin rank versus sector peers?: RY quarterly net margin is higher than 47.46% of companies in Financial Services sector
When is RY next earnings release?: The next earnings release for RY is on December 3, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

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