Royal Bank Of Canada annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
2025
Royal Bank Of Canada Debt-to-Equity Ratio Growth & History (RY)
Royal Bank Of Canada's debt-to-equity ratio was 0.05 for fiscal 2025.
View full Royal Bank Of Canada company overviewRoyal Bank Of Canada annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-31 | 0.05 | 0.02 | +44.50% |
| 2024 | 2024-10-31 | 0.04 | −0.04 | −54.37% |
| 2023 | 2023-10-31 | 0.08 | −0.06 | −40.84% |
| 2022 | 2022-10-31 | 0.14 | 0.08 | +164.70% |
| 2021 | 2021-10-31 | 0.05 | −0.01 | −16.76% |
| 2020 | 2020-10-31 | 0.06 | 0.06 | +10436.42% |
| 2019 | 2019-10-31 | 0.00 | — | — |
Royal Bank Of Canada quarterly debt-to-equity ratio
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-07-31 | 4.10 | 0.24 | +6.32% |
| Q2 2026 | 2026-04-30 | 4.08 | 0.29 | +7.56% |
| Q1 2026 | 2026-01-31 | 3.97 | — | — |
| Q4 2025 | 2025-10-31 | 0.05 | 0.02 | +44.50% |
| Q3 2025 | 2025-07-31 | 3.86 | — | — |
| Q2 2025 | 2025-04-30 | 3.79 | — | — |
| Q4 2024 | 2024-10-31 | 0.04 | −0.04 | −54.37% |
| Q4 2023 | 2023-10-31 | 0.08 | −0.06 | −40.84% |
| Q4 2022 | 2022-10-31 | 0.14 | 0.08 | +164.70% |
| Q4 2021 | 2021-10-31 | 0.05 | −0.01 | −16.76% |
| Q4 2020 | 2020-10-31 | 0.06 | 0.06 | +10436.42% |
| Q4 2019 | 2019-10-31 | 0.00 | — | — |
Royal Bank Of Canada debt-to-equity ratio trends
Over the last five fiscal years, Royal Bank Of Canada's debt-to-equity ratio decreased from 0.06 to 0.05, a change of −0.01. The latest reported quarter, Q3 2026, shows 4.10.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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