Royal Bank of Canada
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Royal Bank of Canada's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $57,491,000,000. The net income raised on $16,230,000,000 and profit margin reached 28%. Total operating expenses were $57,491,000,000.

Profit Margin

Royal Bank of Canada (NYSE:RY): Profit margin
2015 35.17B 9.92B 28.22%
2016 37.67B 10.40B 27.62%
2017 40.12B 11.42B 28.48%
2018 42.55B 12.4B 29.14%
2019 45.92B 12.86B 28%
2020 47.10B 11.43B 24.27%
2021 49.53B 16.03B 32.38%
2022 48.77B 15.79B 32.38%
2023 53.66B 14.85B 27.69%
2024 57.49B 16.23B 28.23%

RY Income Statement (2015 – 2024)

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
57.49B53.66B48.77B49.53B47.10B45.92B42.55B40.12B37.67B35.17B
Cost of revenue
0-2.59B00002.71B3.05B3.42B3.04B
Gross profit
57.49B56.25B48.77B49.53B47.10B45.92B39.83B37.06B34.25B32.13B
Operating exp.
Research and development
0000000000
Selling and marketing
022.98B00000000
Total operating expenses
57.49B26.48B-10.62B-28.91B-32.72B-30.02B-9.28B-12.67B-13.08B-11.65B
Operating income
027.18B38.15B20.61B14.38B15.90B30.55B24.39B21.16B20.48B
Other income (expenses), net
19.86B-8.71B-18.04B12M-7.30B11M-14.79B-6.27B-7.86B-5.49B
Income before tax
19.86B18.46B20.10B20.63B14.38B15.91B15.76B14.67B13.29B12.62B
Income tax expense
3.62B3.6B4.30B4.58B2.95B3.04B3.32B3.20B2.84B2.59B
Net income
16.23B14.85B15.79B16.03B11.43B12.86B12.4B11.42B10.40B9.92B
Earnings per share
Basic EPS
10.9610.1511.0811.087.848.788.597.596.86.75
Diluted EPS
11.2310.3211.0611.067.828.758.557.566.786.73
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