Royal Bank of Canada (TSX: RY)

Royal Bank of Canada Income Statement

Financials in millions CAD. Fiscal year is November - October.

Year	2023	2022	2021	2020	2019
Revenue	56,256	48,775	49,537	47,104	45,926
Revenue Growth (YoY)	15.34%	-1.54%	5.17%	2.56%	7.92%
Gross Profit	56,256	48,775	49,537	47,104	45,926
Selling, General & Admin	22,993	18,311	20,430	18,935	18,685
Other Operating Expenses	-60,790	-28,936	-49,348	-51,655	-48,708
Operating Expenses	-37,797	-10,625	-28,918	-32,720	-30,023
Operating Income	18,459	38,150	20,619	14,384	15,903
Interest Income	86,991	40,771	28,145	34,883	41,333
Interest Expense	61,862	18,054	8,143	14,048	21,584
Other Expense / Income	25,129	40,771	20,002	20,835	19,749
Pretax Income	18,466	20,109	20,631	14,389	15,914
Income Tax	3,600	4,302	4,581	2,952	3,043
Net Income	14,859	15,794	16,038	11,432	12,860
Net Income Growth	-5.92%	-1.52%	40.29%	-11.10%	3.71%
Shares Outstanding (Basic)	1,391	1,404	1,424	1,424	1,435
Shares Outstanding (Diluted)	1,393	1,406	1,427	1,429	1,441
Shares Change	-0.96%	-1.45%	-0.14%	-0.83%	-0.68%
EPS (Basic)	10.51	11.08	11.08	7.84	8.78
EPS (Diluted)	10.50	11.06	11.06	7.82	8.75
EPS Growth	-5.06%	0%	41.43%	-10.63%	2.34%
Free Cash Flow	23,349	19,442	58,858	136,190	12,004
Free Cash Flow Per Share	16.77	13.83	41.25	95.32	8.33
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	32.81%	78.22%	41.62%	30.54%	34.63%
Profit Margin	26.41%	32.38%	32.38%	24.27%	28.00%
Free Cash Flow Margin	41.50%	39.86%	118.82%	289.13%	26.14%
Effective Tax Rate	19.50%	21.39%	22.20%	20.52%	19.12%
EBITDA	21,329	40,802	23,211	15,657	17,100
EBITDA Margin	37.91%	83.65%	46.86%	33.24%	37.23%
Depreciation & Amortization	2,870	2,652	2,592	2,648	1,934
EBIT	18,459	38,150	20,619	13,009	15,166
EBIT Margin	32.81%	78.22%	41.62%	27.62%	33.02%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.