Royal Bank of Canada (RY): return on equity, 10 filed years
ROE at Royal Bank of Canada was 14.6% in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from 12.7% (FY2023) to 16.3% (FY2021), with a median of 14.6%.
Tonight's figure on the company page: 14.6%, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | ROE | Read from |
|---|---|---|
| FY2016 | 14.7% | filed 2016-11-30 |
| FY2017 | 15.5% | 40-F, filed 2018-11-28 |
| FY2018 | 15.5% | 40-F, filed 2018-11-28 |
| FY2019 | 15.4% | 40-F, filed 2019-12-04 |
| FY2020 | 13.2% | 40-F, filed 2020-12-02 |
| FY2021 | 16.3% | 40-F, filed 2021-12-01 |
| FY2022 | 14.6% | 40-F, filed 2022-11-30 |
| FY2023 | 12.7% | 40-F, filed 2023-11-30 |
| FY2024 | 12.8% | 40-F, filed 2024-12-04 |
| FY2025 | 14.6% | 40-F, filed 2025-12-03 |
How each year is computed
Net income / shareholders equity x 100
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.