Royal Bank Of Canada annual net debt
2019
2020
2021
2022
2023
2024
2025
Royal Bank Of Canada Net Debt Growth & History (RY)
Royal Bank Of Canada's net debt was −$29.63B for fiscal 2025.
View full Royal Bank Of Canada company overviewRoyal Bank Of Canada annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-31 | −$29.63B | $22.42B | — |
| 2024 | 2024-10-31 | −$52.05B | $668.0M | — |
| 2023 | 2023-10-31 | −$52.72B | $4.96B | — |
| 2022 | 2022-10-31 | −$57.68B | $51.09B | — |
| 2021 | 2021-10-31 | −$108.77B | $4.76B | — |
| 2020 | 2020-10-31 | −$113.53B | −$87.27B | — |
| 2019 | 2019-10-31 | −$26.26B | — | — |
Royal Bank Of Canada quarterly net debt
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-07-31 | $480.75B | −$7.70B | −1.58% |
| Q2 2026 | 2026-04-30 | $480.18B | $26.79B | +5.91% |
| Q1 2026 | 2026-01-31 | $508.47B | — | — |
| Q4 2025 | 2025-10-31 | −$29.63B | $22.42B | — |
| Q3 2025 | 2025-07-31 | $488.45B | — | — |
| Q2 2025 | 2025-04-30 | $453.39B | — | — |
| Q4 2024 | 2024-10-31 | −$52.05B | $668.0M | — |
| Q4 2023 | 2023-10-31 | −$52.72B | $4.96B | — |
| Q4 2022 | 2022-10-31 | −$57.68B | $51.09B | — |
| Q4 2021 | 2021-10-31 | −$108.77B | $4.76B | — |
| Q4 2020 | 2020-10-31 | −$113.53B | −$87.27B | — |
| Q4 2019 | 2019-10-31 | −$26.26B | — | — |
Royal Bank Of Canada net debt trends
Over the last five fiscal years, Royal Bank Of Canada's net debt increased from −$113.53B to −$29.63B, a change of $83.90B. The latest reported quarter, Q3 2026, shows $480.75B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Royal Bank Of Canada source filings ↗