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3.25%Payout Ratio (based on FCFPS)
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Market
56
Sector
80
Industry
100
History
100
$ 143.64Close
$ 108.36 - $ 148.6 52-Week Range
Ticker Information

Ticker

RY

Company Name

ROYAL BANK OF CANADA

Sector

Financial Services

Industry

Banks - Diversified

Exchange

NYSE

ROYAL BANK OF CANADA - Payout Ratio (based on FCFPS) Chart Analysis (TTM)

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RY - Payout Ratio (FCFPS) Historical data
DateDividends per ShareFree Cash Flow per SharePayout Ratio (based on FCFPS)
6/30/2025$ 1.42$ 43.743.25%
3/31/2025$ 2.84$ 39.97.12%
12/31/2024$ 4.22$ 26.6415.84%
9/30/2024$ 5.25$ 10.5349.82%
6/30/2024$ 4.81$ -3.920%
3/31/2024$ 4.41$ -11.220%
12/31/2023$ 4$ 2.14187.12%
9/30/2023$ 3.96$ 12.0632.84%
6/30/2023$ 3.91$ 18.1221.58%
3/31/2023$ 4.17$ 20.3520.49%
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Key Performance Insights, Last 5 Years

  • ROYAL BANK OF CANADA's latest trailing twelve months (TTM) Payout Ratio (FCFPS) stands at 5.48%.
  • Over the past 5 years, ROYAL BANK OF CANADA's average Payout Ratio (FCFPS) has been 28.21%.
  • The median Payout Ratio (FCFPS) for ROYAL BANK OF CANADA during this period was 16.71%
  • ROYAL BANK OF CANADA reached its highest Payout Ratio (FCFPS) over the past 5 years at 187.12%.
  • The lowest Payout Ratio (FCFPS) recorded by ROYAL BANK OF CANADA in the same timeframe 3.25%

ROYAL BANK OF CANADA's Payout Ratio (FCFPS) vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

Payout Ratio (FCFPS) Benchmarks
CompanyPayout Ratio (FCFPS)
GS : GOLDMAN SACHS GROUP INC -C : CITIGROUP INC -WFC : WELLS FARGO & COMPANY -AXP : AMERICAN EXPRESS CO 13.97%BMO : BANK OF MONTREAL 944.59%BNS : BANK OF NOVA SCOTIA 30.81%MS : MORGAN STANLEY -CM : CANADIAN IMPERIAL BANK OF COMMERCE 23.72%SCHW : SCHWAB CHARLES CORP 11%BLK : BLACKROCK INC 82.24%

Definition of Payout Ratio (based on FCFPS)

[Calculation] Measures the ratio between a company’s dividend per share [DPS] and its free cash flow per share [FCFPS]. The dividend of a company with a low payout ratio tends to be future proof.
DPS / FCFPS
(=) Payout Ratio (FCFPS)
Payout Ratio (FCFPS) for ROYAL BANK OF CANADA is calculated as follows: DPS [ $ 4.03 ] / FCFPS [ $ 73.58 ]
(=) Payout Ratio (FCFPS) [ 5.48% ]

RY - Payout Ratio (based on FCFPS), Last 5 years

3.25%

Minimum

Jun 30, 2025

187.12%

Maximum

Dec 31, 2023

28.21%

Average

16.71%

Median

Payout Ratio (FCFPS) Benchmark Analysis

The chart above depicts the distribution of Payout Ratio (FCFPS) for companies in the Total Stock Market. The average Payout Ratio (FCFPS) of the companies is 14.47% with a standard deviation of 18.59%.
The following table provides additional summary stats:
Payout Ratio (FCFPS) in the Market:
filtered constituents2.15K
min0%
max67.22%
average14.47%
median2.31%
std18.59%