Financials Royal Bank of Canada

Equities

RY

CA7800871021

Banks

Market Closed - Toronto S.E. Other stock markets 01:30:00 08/07/2025 am IST			5-day change	1st Jan Change
180.12 ^CAD	+0.32%		+0.36%	+3.92%

04/07	AFC Energy launches JV to produce hydrogen	AN
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Projected Income Statement: Royal Bank of Canada

Fiscal Period: October	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	47,181	49,693	48,985	56,129	57,344	64,431	66,235	69,362
Change	-	5.32%	-1.42%	14.58%	2.16%	12.36%	2.8%	4.72%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	18,740	19,878	20,593	21,897	24,646	28,619	29,357	30,841
Change	-	6.07%	3.6%	6.33%	12.55%	16.12%	2.58%	5.06%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	14,389	20,631	20,109	18,466	19,862	23,921	25,684	26,151
Change	-	43.38%	-2.53%	-8.17%	7.56%	20.44%	7.37%	1.82%
Net income ¹	11,164	16,038	15,547	14,623	15,908	18,650	20,067	20,144
Change	-	43.66%	-3.06%	-5.94%	8.79%	17.24%	7.6%	0.38%
Announcement Date	02/12/20	01/12/21	30/11/22	30/11/23	04/12/24	-	-	-

¹CAD in Million

Estimates

Fiscal Period: October	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2
Net sales ¹	12,920	11,092	12,943	11,618	12,756	12,376	13,066	11,220	12,132	12,567	15,094	13,520	14,489	13,026	13,485	14,154	14,631	15,074	16,739	15,672	16,035	16,130	16,655	16,255	16,781	16,889	17,412	16,986
Change	-	-14.15%	16.69%	-10.24%	9.8%	-2.98%	5.58%	-14.13%	8.13%	3.59%	20.11%	-10.43%	7.17%	-10.1%	3.52%	4.96%	3.37%	3.03%	11.05%	-6.37%	2.32%	0.59%	3.26%	-2.4%	3.23%	0.65%	3.1%	-2.44%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	4,755	4,573	4,995	5,090	5,032	4,761	5,500	5,000	4,896	5,242	6,871	5,158	5,440	5,328	5,200	6,155	6,346	6,353	7,483	7,126	7,049	6,918	7,232	6,904	7,276	7,192	-	-
Change	-	-3.83%	9.23%	1.9%	-1.14%	-5.39%	15.52%	-9.09%	-2.08%	7.07%	31.08%	-24.93%	5.47%	-2.06%	-2.4%	18.37%	3.1%	0.11%	17.79%	-4.77%	-1.08%	-1.86%	4.53%	-4.54%	5.39%	-1.15%	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	4,080	4,146	4,885	5,186	5,572	4,988	5,384	5,308	4,556	4,861	5,342	4,420	4,633	4,071	4,348	4,926	5,373	5,215	6,433	5,518	6,027	6,000	6,368	6,262	6,634	6,622	6,825	6,678
Change	-	1.62%	17.82%	6.16%	7.44%	-10.48%	7.94%	-1.41%	-14.17%	6.69%	9.9%	-17.26%	4.82%	-12.13%	6.8%	13.29%	9.07%	-2.94%	23.36%	-14.22%	9.22%	-0.44%	6.12%	-1.66%	5.95%	-0.19%	3.07%	-2.15%
Net income ¹	3,132	3,173	3,787	3,938	4,237	3,887	4,039	4,253	3,517	3,809	3,168	3,581	3,812	4,062	3,522	3,881	4,377	4,128	5,011	4,274	4,689	4,595	4,840	4,760	5,048	5,040	5,180	5,076
Change	-	1.31%	19.35%	3.99%	7.59%	-8.26%	3.91%	5.3%	-17.31%	8.3%	-16.83%	13.04%	6.45%	6.56%	-13.29%	10.19%	12.78%	-5.69%	21.39%	-14.71%	9.72%	-2.01%	5.33%	-1.66%	6.06%	-0.16%	2.78%	-2.01%
Announcement Date	26/08/20	02/12/20	24/02/21	27/05/21	25/08/21	01/12/21	24/02/22	26/05/22	24/08/22	30/11/22	01/03/23	25/05/23	24/08/23	30/11/23	28/02/24	30/05/24	28/08/24	04/12/24	27/02/25	28/05/25	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: Royal Bank of Canada

Fiscal Period: October	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	02/12/20	01/12/21	30/11/22	30/11/23	04/12/24	-	-	-

Estimates

Cash Flow Forecast: Royal Bank of Canada

Fiscal Period: October	2019	2020	2021	2022	2023	2024
CAPEX ¹	2,261	2,629	2,186	2,500	2,730	2,280
Change	-	16.28%	-16.85%	14.36%	9.2%	-16.48%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	04/12/19	02/12/20	01/12/21	30/11/22	30/11/23	04/12/24

¹CAD in Million

Estimates

Forecast Financial Ratios: Royal Bank of Canada

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	39.72%	40%	42.04%	39.01%	42.98%	44.42%	44.32%	44.46%
EBT Margin (%)	-	30.5%	41.52%	41.05%	32.9%	34.64%	37.13%	38.78%	37.7%
Net margin (%)	-	23.66%	32.27%	31.74%	26.05%	27.74%	28.95%	30.3%	29.04%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.75%	0.96%	0.87%	0.76%	0.83%	0.8%	0.82%	0.8%
ROE	-	14.2%	18.6%	16.4%	13.17%	15.5%	15.29%	15.23%	15.12%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	4.29	4.32	4.96	5.34	5.6	6.023	6.478	6.613
Change	-	-	0.7%	14.81%	7.66%	4.87%	7.56%	7.56%	2.08%
Book Value Per Share ¹	-	60.92	64.57	72.85	84.01	89.85	89.28	95.7	99.77
Change	-	-	5.98%	12.82%	15.32%	6.94%	-0.63%	7.19%	4.25%
EPS ¹	-	7.82	11.06	11.06	10.5	11.25	12.96	14.09	14.36
Change	-	-	41.43%	0%	-5.06%	7.14%	15.19%	8.71%	1.94%
Nbr of stocks (in thousands)	-	14,22,624	14,24,676	13,91,712	14,01,394	14,14,456	14,10,583	14,10,583	14,10,583
Announcement Date	-	02/12/20	01/12/21	30/11/22	30/11/23	04/12/24	-	-	-