Royal Bank of Canada Income Statement

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

Millions CAD. Fiscal year is Nov - Oct.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1993
Revenue	56,256	48,775	49,537	47,104	45,926	42,555	40,122	37,674	35,172	33,946	Upgrade
Revenue Growth (YoY)	15.34%	-1.54%	5.17%	2.56%	7.92%	6.06%	6.50%	7.11%	3.61%	10.00%	Upgrade
Cost of Revenue	0	0	0	0	0	2,716	3,053	3,424	3,040	3,573	Upgrade
Gross Profit	56,256	48,775	49,537	47,104	45,926	39,839	37,069	34,250	32,132	30,373	Upgrade
Selling, General & Admin	22,993	18,311	20,430	18,935	18,685	16,452	16,383	15,625	14,546	14,604	Upgrade
Other Operating Expenses	-60,790	-28,936	-49,348	-51,655	-48,708	-23,056	-29,057	-28,708	-26,198	-25,458	Upgrade
Operating Expenses	-37,797	-10,625	-28,918	-32,720	-30,023	-9,280	-12,674	-13,083	-11,652	-10,854	Upgrade
Operating Income	18,459	38,150	20,619	14,384	15,903	30,559	24,395	21,167	20,480	19,519	Upgrade
Interest Income	86,991	40,771	28,145	34,883	41,333	33,021	26,904	24,452	22,729	22,019	Upgrade
Interest Expense	61,862	18,054	8,143	14,048	21,584	14,830	9,764	7,921	7,958	7,903	Upgrade
Other Expense / Income	25,129	40,771	20,002	20,835	19,749	33,021	26,904	24,452	22,729	22,019	Upgrade
Pretax Income	18,466	20,109	20,631	14,389	15,914	15,760	14,672	13,299	12,623	11,710	Upgrade
Income Tax	3,600	4,302	4,581	2,952	3,043	3,329	3,203	2,841	2,597	2,706	Upgrade
Net Income	14,859	15,794	16,038	11,432	12,860	12,400	11,428	10,405	9,925	8,910	Upgrade
Net Income Growth	-5.92%	-1.52%	40.29%	-11.10%	3.71%	8.51%	9.83%	4.84%	11.39%	6.95%	Upgrade
Shares Outstanding (Basic)	1,391	1,404	1,424	1,424	1,435	1,444	1,467	1,486	1,443	1,443	Upgrade
Shares Outstanding (Diluted)	1,393	1,406	1,427	1,429	1,441	1,450	1,474	1,494	1,450	1,452	Upgrade
Shares Change	-0.96%	-1.45%	-0.14%	-0.83%	-0.68%	-1.62%	-1.32%	3.08%	-0.17%	-0.99%	Upgrade
EPS (Basic)	10.51	11.08	11.08	7.84	8.78	8.59	7.59	6.80	6.75	6.03	Upgrade
EPS (Diluted)	10.50	11.06	11.06	7.82	8.75	8.55	7.56	6.78	6.73	6.00	Upgrade
EPS Growth	-5.06%	0%	41.43%	-10.63%	2.34%	13.10%	11.50%	0.74%	12.17%	9.29%	Upgrade
Free Cash Flow	23,349	19,442	58,858	136,190	12,004	15,494	36,361	25,599	22,812	13,947	Upgrade
Free Cash Flow Per Share	16.77	13.83	41.25	95.32	8.33	10.68	24.66	17.13	15.74	9.61	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	93.62%	92.39%	90.91%	91.36%	89.47%	Upgrade
Operating Margin	32.81%	78.22%	41.62%	30.54%	34.63%	71.81%	60.80%	56.18%	58.23%	57.50%	Upgrade
Profit Margin	26.41%	32.38%	32.38%	24.27%	28.00%	29.14%	28.48%	27.62%	28.22%	26.25%	Upgrade
Free Cash Flow Margin	41.50%	39.86%	118.82%	289.13%	26.14%	36.41%	90.63%	67.95%	64.86%	41.09%	Upgrade
Effective Tax Rate	19.50%	21.39%	22.20%	20.52%	19.12%	21.12%	21.83%	21.36%	20.57%	23.11%	Upgrade
EBITDA	21,329	40,802	23,211	15,657	17,100	32,211	26,012	22,713	21,726	20,692	Upgrade
EBITDA Margin	37.91%	83.65%	46.86%	33.24%	37.23%	75.69%	64.83%	60.29%	61.77%	60.96%	Upgrade
Depreciation & Amortization	2,870	2,652	2,592	2,648	1,934	1,652	1,617	1,546	1,246	1,173	Upgrade
EBIT	18,459	38,150	20,619	13,009	15,166	30,559	24,395	21,167	20,480	19,519	Upgrade
EBIT Margin	32.81%	78.22%	41.62%	27.62%	33.02%	71.81%	60.80%	56.18%	58.23%	57.50%	Upgrade

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