About Royal Bank of Canada (RY)
Royal Bank of Canada is a Banks - Diversified company operating in the Financial Services sector. The company is headquartered in Toronto, Canada. RY has been publicly traded since 1995, giving it 31+ years of trading history.
Royal Bank of Canada (RY) has been publicly traded since 1995, making it a 31-year-old public company. It operates in the Banks - Diversified industry within the Financial Services sector. The company is headquartered in Toronto, Canada and employs approximately 97,469 people. With a market capitalization of C$310 billion, RY is one of the largest publicly traded companies.
RY trades on the Toronto Stock Exchange and is classified as a mega-cap-cap stock with a market capitalization of approximately C$310 billion. The company employs approximately 97,469 people worldwide.
Key Statistics
- Current Price
- C$221.47
- Market Cap
- C$310.10B
- 52-Week High
- C$240.34
- 52-Week Low
- C$151.25
- Sector
- Financial Services
- Industry
- Banks - Diversified
RY Investment Performance
RY has declined 4.7% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in RY would have grown to C$2,299, representing a 129.9% total return. Since its IPO in 1995, a C$1,000 investment would now be worth C$95,732.
C$1,000 Invested in Royal Bank of Canada (RY)
How much would C$1,000 invested in RY be worth today?
What would C$1,000 invested in RY 1 year ago be worth today?
A C$1,000 investment in Royal Bank of Canada (RY) in 2025 would be worth C$1,411 as of March 2026, representing a +41.1% total return.
What would C$1,000 invested in RY 3 years ago be worth today?
A C$1,000 investment in Royal Bank of Canada (RY) in 2023 would be worth C$1,915 as of March 2026, representing a +91.5% total return.
What would C$1,000 invested in RY 5 years ago be worth today?
A C$1,000 investment in Royal Bank of Canada (RY) in 2021 would be worth C$2,299 as of March 2026, representing a +129.9% total return.
What would C$1,000 invested in RY 10 years ago be worth today?
A C$1,000 investment in Royal Bank of Canada (RY) in 2016 would be worth C$4,340 as of March 2026, representing a +334.0% total return.
What would C$1,000 invested in RY at IPO be worth today?
A C$1,000 investment in Royal Bank of Canada (RY) at IPO would be worth C$95,732 as of March 2026, representing a +9473.2% total return.
Monthly Returns Heatmap
Over the past 31+ years (374 months), Royal Bank of Canada (RY) has averaged a monthly return of +1.37% with a median return of +1.38%. The stock had 237 positive months (63%) and 136 negative months (36%). The best month in RY's history was March 2009 with a +18.9% return, while the worst was August 1998 at -27.9%. Historically, November tends to be the strongest month (averaging +2.9%), and June the weakest (-0.8%).
RY's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 5 consecutive months of losses. The best full year was 2009 with a cumulative return of +54.7%, and the worst was 2008 at -26.7%.
Annual Returns
Over 31 years of trading history, Royal Bank of Canada (RY) has delivered an average annual return of +17.50% with a median return of +14.33%. The compound annual growth rate (CAGR) is +15.28%. The stock posted gains in 23 years (74%) and losses in 8 years (26%).
RY's best year was 2000 with a +65.34% gain, while the worst was 2008 at -25.70%. The longest streak of consecutive positive years was 7, and the longest losing streak was 2 years. RY achieved double-digit gains (10%+) in 16 years. It suffered double-digit losses in 2 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -4.68% | C$232.34 | C$221.47 |
| 2025 | +39.60% | C$166.43 | C$232.34 |
| 2024 | +34.37% | C$123.86 | C$166.43 |
| 2023 | +9.80% | C$112.80 | C$123.86 |
| 2022 | -1.52% | C$114.54 | C$112.80 |
| 2021 | +33.09% | C$86.07 | C$114.54 |
| 2020 | +6.52% | C$80.80 | C$86.07 |
| 2019 | +14.33% | C$70.68 | C$80.80 |
| 2018 | -5.50% | C$74.79 | C$70.68 |
| 2017 | +17.12% | C$63.86 | C$74.79 |
| 2016 | +27.84% | C$49.95 | C$63.86 |
| 2015 | -3.81% | C$51.93 | C$49.95 |
| 2014 | +16.64% | C$44.52 | C$51.93 |
| 2013 | +24.05% | C$35.89 | C$44.52 |
| 2012 | +20.06% | C$29.89 | C$35.89 |
| 2011 | +3.31% | C$28.94 | C$29.89 |
| 2010 | -3.85% | C$30.10 | C$28.94 |
| 2009 | +63.73% | C$18.38 | C$30.10 |
| 2008 | -25.70% | C$24.74 | C$18.38 |
| 2007 | -5.57% | C$26.20 | C$24.74 |
| 2006 | +26.02% | C$20.79 | C$26.20 |
| 2005 | +45.87% | C$14.25 | C$20.79 |
| 2004 | +7.38% | C$13.27 | C$14.25 |
| 2003 | +9.13% | C$12.16 | C$13.27 |
| 2002 | +14.85% | C$10.59 | C$12.16 |
| 2001 | +4.90% | C$10.10 | C$10.59 |
| 2000 | +65.34% | C$6.11 | C$10.10 |
| 1999 | -14.82% | C$7.17 | C$6.11 |
| 1998 | +3.58% | C$6.92 | C$7.17 |
| 1997 | +61.23% | C$4.29 | C$6.92 |
| 1996 | +59.20% | C$2.70 | C$4.29 |
RY Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Royal Bank of Canada as an investment
Valuation
RY currently trades at a trailing P/E ratio of 15.2, which is considered moderate relative to the broader market. The forward P/E of 12.7 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 2.4. The price-to-sales ratio is 4.9.
Dividends
Royal Bank of Canada pays a dividend to shareholders with a current yield of 2.96%. This translates to C$6.56 per share annually. The payout ratio of 43% indicates sustainable dividend coverage.
Risk & Volatility
RY has a beta of 0.94, indicating it is similarly volatile to the overall market. The stock's 52-week range is C$151.25 to C$240.34, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 14 analyst opinions, RY has a consensus "buy" rating. The average price target of C$245.07 suggests 10.7% upside from current levels.
Frequently Asked Questions: RY
What sector is RY in? ▼
RY operates in the Financial Services sector, specifically in the Banks - Diversified industry. This sector includes banks, insurance companies, asset managers, and fintech companies.
How has RY performed historically? ▼
Over 31 years of trading history, RY has posted gains in 23 years (74% of the time). The best year was 2000 with a +65.3% return. Past performance does not guarantee future results.
How can I invest in RY? ▼
You can invest in RY through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold RY.
Does RY pay dividends? ▼
Royal Bank of Canada pays a dividend to shareholders with a current yield of 2.96%. This translates to C$6.56 per share annually. The payout ratio of 43% indicates sustainable dividend coverage.
What does Royal Bank of Canada do? ▼
Royal Bank of Canada is a Banks - Diversified company operating in the Financial Services sector. The company is headquartered in Toronto, Canada.
What sector is RY in? ▼
RY operates in the Financial Services sector, specifically in the Banks - Diversified industry.
When did RY go public? ▼
Royal Bank of Canada went public in 1995, making it a 31-year-old public company as of 2026.
How much would C$1,000 invested in RY 5 years ago be worth today? ▼
A C$1,000 investment in RY five years ago would be worth approximately C$2,299 today, representing a 129.9% return.
How much would C$1,000 invested in RY 10 years ago be worth today? ▼
A C$1,000 investment in RY ten years ago would be worth approximately C$4,340 today, representing a 334.0% total return over the decade.
What is RY's 3-year return? ▼
Over the past 3 years, RY has returned 91.5%. A C$1,000 investment would have grown to C$1,915.
How much would C$1,000 invested in RY at IPO be worth today? ▼
If you invested C$1,000 in RY at its IPO in 1995, it would be worth approximately C$95,732 today, a 9,473.2% return over 31 years.
Does RY pay dividends? ▼
Yes, Royal Bank of Canada pays a dividend with a current yield of 2.96%, which is C$6.56 per share annually.
What is RY's market cap? ▼
Royal Bank of Canada has a market capitalization of C$310 billion, classifying it as a mega-cap company.
What is RY's P/E ratio? ▼
RY has a trailing P/E ratio of 15.2 and a forward P/E of 12.7, which measures how much investors are paying per dollar of earnings.
Is RY a buy, hold, or sell? ▼
Based on 14 opinions, RY has a consensus "buy" rating. The average price target is C$245.07.
Last updated: 3/15/2026