What is the current annual operating margin of RY?

As of today, RY annual operating margin is 17.84%

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

RY annual operating margin is up +26.88% year-over-year

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

RY annual operating margin is down -38.01% over the past 3 years

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

RY annual operating margin is currently -48.00% below its historical high of 34.31% set on October 31, 2021

How does RY annual operating margin rank versus sector peers?

RY annual operating margin is higher than 42.89% 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 operating margin of RY?

As of today, RY quarterly operating margin is 19.26%

What is RY quarterly operating margin most recent change?

RY quarterly operating margin was down -3.89% on July 31, 2026

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

RY quarterly operating margin is up +1.37% year-over-year

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

RY quarterly operating margin is currently -65.29% below its historical high of 55.49% set on October 31, 2010

How does RY quarterly operating margin rank versus sector peers?

RY quarterly operating margin is higher than 39.09% of companies in Financial Services sector

When is RY next earnings release?

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

RY Operating Margin History & Chart Since 1980

Annual Operating Margin

17.84%3.78%+26.88%

October 31, 2025

Summary

Current Value: As of today, RY annual operating margin is 17.84%, up +26.88% on October 31, 2025
Historical Performance: RY annual operating margin is down -38.01% over the past 3 years, down -19.35% over the past 5 years
All-Time High Comparison: RY annual operating margin is currently -48.00% below its historical high of 34.31% set on October 31, 2021
3-Year Low Comparison: RY annual operating margin is +26.88% above its 3-year low of 14.06% reached on October 31, 2024
Sector Comparison: RY annual operating margin is higher than 42.89% of companies in Financial Services sector

Operating Margin Chart

beforeafter

Performance

RY Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Oct 31, 25	17.84%	+26.9%	-38.0%	-19.4%	-7.8%
Quarterly Operating Margin	Jul 31, 26	19.26%	+1.4%	+29.8%	-47.4%	-14.1%
Price	Sep 1, 26	$203.48	+40.6%	+125.3%	+97.0%	+309.8%
PE Ratio	Sep 1, 26	17.78	+16.5%	+51.1%	+43.7%	+44.4%
Annual Revenue	Oct 31, 25	$97.16B	-0.7%	+89.9%	+117.4%	+179.9%
Annual Operating Profit	Oct 31, 25	$17.34B	+25.9%	+17.8%	+75.4%	+158.2%
Annual Gross Margin	Oct 31, 25	0.00%	0.0%	0.0%	0.0%	0.0%
Annual Net Margin	Oct 31, 25	14.97%	+22.8%	-37.6%	-21.3%	+1.4%

Operating Margin Highs

RY Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	28.78%	N/A	-38.0%
5Y	34.31%	Oct 31, 21	-48.0%
All	34.31%	Oct 31, 21	-48.0%

Operating Margin Lows

RY Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	14.06%	Oct 31, 24	+26.9%
5Y	14.06%	Oct 31, 24	+26.9%
All	0.52%	Oct 1, 92	+3330.8%

Operating Margin History

Year	Value	Change
2025	17.84%	+26.9%
2024	14.06%	-7.7%
2023	15.24%	-47.0%
2022	28.78%	-16.1%
2021	34.31%	+55.1%
2020	22.12%	-0.9%
2019	22.33%	-13.8%
2018	25.90%	-9.7%
2017	28.69%	+0.4%
2016	28.58%	-1.1%
2015	28.89%	+3.7%
2014	27.87%	+1.7%
2013	27.41%	+6.2%
2012	25.82%	+5.9%
2011	24.37%	+26.0%
2010	19.34%	+13.0%
2009	17.11%	-2.5%
2008	17.55%	+1.7%
2007	17.26%	+0.3%
2006	17.21%	+6.5%
2005	16.16%	-9.2%
2004	17.80%	-3.7%
2003	18.49%	+1.8%

Year	Value	Change
2002	18.17%	+33.5%
2001	13.61%	-16.9%
2000	16.37%	+9.9%
1999	14.90%	-4.2%
1998	15.56%	-3.8%
1997	16.18%	+13.0%
1996	14.32%	+7.4%
1995	13.33%	-3.8%
1994	13.85%	+120.2%
1993	6.29%	+1,109.6%
1992	0.52%	-95.1%
1991	10.71%	+2.5%
1990	10.45%	+63.0%
1989	6.41%	-45.7%
1988	11.81%	+32.5%
1987	8.91%	+31.4%
1986	6.78%	-1.7%
1985	6.90%	+7.5%
1984	6.42%	-8.8%
1983	7.04%	+169.7%
1982	2.61%	-54.3%
1981	5.71%	+4.2%
1980	5.48%	-

FAQ

What is the current annual operating margin of RY?: As of today, RY annual operating margin is 17.84%
What is 1-year change in RY annual operating margin?: RY annual operating margin is up +26.88% year-over-year
What is 3-year change in RY annual operating margin?: RY annual operating margin is down -38.01% over the past 3 years
How far is RY annual operating margin from its all-time high?: RY annual operating margin is currently -48.00% below its historical high of 34.31% set on October 31, 2021
How does RY annual operating margin rank versus sector peers?: RY annual operating margin is higher than 42.89% 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

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

19.26%0.78%-3.89%

July 31, 2026

Summary

Current Value: As of today, RY quarterly operating margin is 19.26%, down -3.89% on July 31, 2026
Historical Performance: RY quarterly operating margin is up +1.37% year-over-year, up +29.78% over the past 3 years
All-Time High Comparison: RY quarterly operating margin is currently -65.29% below its historical high of 55.49% set on October 31, 2010
3-Year Low Comparison: RY quarterly operating margin is +53.59% above its 3-year low of 12.54% reached on January 31, 2024
Sector Comparison: RY quarterly operating margin is higher than 39.09% of companies in Financial Services sector

Performance

RY Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jul 31, 26	19.26%	-3.9%	+1.4%	+29.8%	-47.4%
Annual Operating Margin	Oct 31, 25	17.84%	–	+26.9%	-38.0%	-19.4%
Price	Sep 1, 26	$203.48	+6.5%	+40.6%	+125.3%	+97.0%
PE Ratio	Sep 1, 26	17.78	+3.7%	+16.5%	+51.1%	+43.7%
Quarterly Revenue	Jul 31, 26	$27.42B	+11.8%	+9.5%	+25.0%	+133.9%
Quarterly Operating Profit	Jul 31, 26	$5.28B	+7.5%	+11.0%	+62.2%	+22.9%
Quarterly Gross Margin	Jul 31, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Quarterly Net Margin	Jul 31, 26	15.74%	-4.0%	+0.1%	+19.3%	-47.2%

Quarterly Operating Margin Highs

RY Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	20.04%	Apr 30, 26	-3.9%
3Y	20.04%	Apr 30, 26	-3.9%
5Y	37.48%	Apr 30, 22	-48.6%
All	55.49%	Oct 31, 10	-65.3%

Quarterly Operating Margin Lows

RY Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	18.78%	Oct 31, 25	+2.6%
3Y	12.54%	Jan 31, 24	+53.6%
5Y	12.54%	Jan 31, 24	+53.6%
All	1.61%	Oct 31, 08	+1096.3%

Quarterly Operating Margin History

Month	Value	Change
Jul 2026	19.26%	-3.9%
Apr 2026	20.04%	+0.5%
Jan 2026	19.94%	+6.2%
Oct 2025	18.78%	-1.2%
Jul 2025	19.00%	+18.6%
Apr 2025	16.02%	-8.2%
Jan 2025	17.46%	+19.6%
Oct 2024	14.60%	-2.9%
Jul 2024	15.04%	+7.4%
Apr 2024	14.01%	+11.7%
Jan 2024	12.54%	-1.0%
Oct 2023	12.67%	-14.6%
Jul 2023	14.84%	-4.9%
Apr 2023	15.61%	-14.7%
Jan 2023	18.29%	-16.4%
Oct 2022	21.88%	-14.5%
Jul 2022	25.59%	-31.7%
Apr 2022	37.48%	+9.7%
Jan 2022	34.18%	+1.9%
Oct 2021	33.54%	-8.5%
Jul 2021	36.64%	+0.4%
Apr 2021	36.49%	+18.4%
Jan 2021	30.82%	+5.2%
Oct 2020	29.29%	+18.8%
Jul 2020	24.65%	+135.7%
Apr 2020	10.46%	-55.7%
Jan 2020	23.61%	+6.9%
Oct 2019	22.09%	-2.2%
Jul 2019	22.58%	+0.2%
Apr 2019	22.53%	+1.9%
Jan 2019	22.10%	-11.2%
Oct 2018	24.90%	-4.3%
Jul 2018	26.01%	-9.2%
Apr 2018	28.65%	-1.0%
Jan 2018	28.94%	+8.8%
Oct 2017	26.60%	-5.7%
Jul 2017	28.20%	-2.4%
Apr 2017	28.88%	-7.9%
Jan 2017	31.35%	+7.9%
Oct 2016	29.06%	-1.3%
Jul 2016	29.43%	+6.7%
Apr 2016	27.57%	-1.5%
Jan 2016	27.99%	-0.1%
Oct 2015	28.02%	-6.8%
Jul 2015	30.05%	+0.6%
Apr 2015	29.87%	+7.9%
Jan 2015	27.69%	-2.4%
Oct 2014	28.36%	+0.6%
Jul 2014	28.18%	+1.5%
Apr 2014	27.76%	+4.6%
Jan 2014	26.53%	+2.4%
Oct 2013	25.90%	-11.7%
Jul 2013	29.32%	+12.0%

Month	Value	Change
Apr 2013	26.18%	-6.0%
Jan 2013	27.85%	+5.1%
Oct 2012	26.51%	-1.2%
Jul 2012	26.83%	+7.3%
Apr 2012	25.00%	+1.3%
Jan 2012	24.67%	+1.6%
Oct 2011	24.28%	+8.2%
Jul 2011	22.43%	+7.7%
Apr 2011	20.83%	-19.3%
Jan 2011	25.82%	-53.5%
Oct 2010	55.49%	+200.6%
Jul 2010	18.46%	-39.5%
Apr 2010	30.50%	-32.8%
Jan 2010	45.41%	+157.6%
Oct 2009	17.63%	-16.0%
Jul 2009	21.00%	+50.6%
Apr 2009	13.94%	-35.3%
Jan 2009	21.55%	+1,238.5%
Oct 2008	1.61%	-95.7%
Jul 2008	37.50%	+262.3%
Apr 2008	10.35%	-57.5%
Jan 2008	24.34%	+41.1%
Jul 2007	17.25%	+9.5%
Apr 2007	15.75%	-17.1%
Jan 2007	19.01%	+14.0%
Oct 2006	16.68%	-4.3%
Jul 2006	17.43%	+5.3%
Apr 2006	16.56%	-9.3%
Jan 2006	18.25%	+88.0%
Oct 2005	9.71%	-47.4%
Jul 2005	18.46%	+1.8%
Apr 2005	18.13%	-10.6%
Jan 2005	20.29%	+6.5%
Oct 2004	19.06%	+7.0%
Jul 2004	17.82%	-2.5%
Apr 2004	18.27%	+3.2%
Jan 2004	17.71%	+19.8%
Oct 2003	14.78%	-29.5%
Jul 2003	20.95%	+12.9%
Apr 2003	18.55%	-9.8%
Jan 2003	20.57%	+23.2%
Oct 2002	16.69%	-12.6%
Jul 2002	19.09%	+7.5%
Apr 2002	17.76%	-4.5%
Jan 2002	18.60%	+16.9%
Apr 2001	15.91%	-4.2%
Jan 2001	16.61%	-47.7%
Oct 2000	31.75%	+96.2%
Jul 2000	16.18%	-7.7%
Apr 2000	17.53%	+6.2%
Jan 2000	16.51%	+13.4%
Oct 1999	14.56%	-4.1%
Jul 1999	15.19%	-

FAQ

What is the current quarterly operating margin of RY?: As of today, RY quarterly operating margin is 19.26%
What is RY quarterly operating margin most recent change?: RY quarterly operating margin was down -3.89% on July 31, 2026
What is 1-year change in RY quarterly operating margin?: RY quarterly operating margin is up +1.37% year-over-year
How far is RY quarterly operating margin from its all-time high?: RY quarterly operating margin is currently -65.29% below its historical high of 55.49% set on October 31, 2010
How does RY quarterly operating margin rank versus sector peers?: RY quarterly operating margin is higher than 39.09% of companies in Financial Services sector
When is RY next earnings release?: As of today, the next earnings release for RY has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating 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