Royal Bank of Canada (RY) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Royal Bank of Canada (RY) has a cash flow conversion efficiency ratio of -0.106x as of October 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-14.79 Billion ≈ $-10.70 Billion USD) by net assets (CA$139.15 Billion ≈ $100.66 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Royal Bank of Canada to measure how much of total assets are equity-financed.
Royal Bank of Canada - Cash Flow Conversion Efficiency Trend (1993–2025)
This chart illustrates how Royal Bank of Canada's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check RY cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Royal Bank of Canada Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Royal Bank of Canada ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Novartis AG
MX:NVSN
|
0.094x |
|
Merck & Company Inc
NYSE:MRK
|
0.085x |
|
Netflix Inc
NASDAQ:NFLX
|
0.079x |
|
Cisco Systems Inc
NASDAQ:CSCO
|
0.038x |
|
Morgan Stanley
SA:MSBR34
|
-0.030x |
|
AstraZeneca PLC
MX:AZNN
|
0.048x |
|
General Electric Company
SA:GEOO34
|
0.100x |
|
Philip Morris International Inc
NYSE:PM
|
0.055x |
Annual Cash Flow Conversion Efficiency for Royal Bank of Canada (1993–2025)
The table below shows the annual cash flow conversion efficiency of Royal Bank of Canada from 1993 to 2025. For the full company profile with market capitalisation and key ratios, see Royal Bank of Canada market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-10-31 | CA$139.15 Billion ≈ $100.66 Billion |
CA$55.22 Billion ≈ $39.95 Billion |
0.397x | +118.13% |
| 2024-10-31 | CA$127.19 Billion ≈ $92.01 Billion |
CA$23.14 Billion ≈ $16.74 Billion |
0.182x | -16.78% |
| 2023-10-31 | CA$119.30 Billion ≈ $86.30 Billion |
CA$26.08 Billion ≈ $18.87 Billion |
0.219x | +7.77% |
| 2022-10-31 | CA$108.17 Billion ≈ $78.25 Billion |
CA$21.94 Billion ≈ $15.87 Billion |
0.203x | -67.18% |
| 2021-10-31 | CA$98.76 Billion ≈ $71.44 Billion |
CA$61.04 Billion ≈ $44.16 Billion |
0.618x | -61.37% |
| 2020-10-31 | CA$86.77 Billion ≈ $62.77 Billion |
CA$138.82 Billion ≈ $100.42 Billion |
1.600x | +837.90% |
| 2019-10-31 | CA$83.62 Billion ≈ $60.49 Billion |
CA$14.27 Billion ≈ $10.32 Billion |
0.171x | -21.95% |
| 2018-10-31 | CA$79.95 Billion ≈ $57.84 Billion |
CA$17.47 Billion ≈ $12.64 Billion |
0.219x | -56.88% |
| 2017-10-31 | CA$74.43 Billion ≈ $53.84 Billion |
CA$37.73 Billion ≈ $27.29 Billion |
0.507x | +35.16% |
| 2016-10-31 | CA$71.61 Billion ≈ $51.80 Billion |
CA$26.86 Billion ≈ $19.43 Billion |
0.375x | -0.70% |
| 2015-10-31 | CA$63.94 Billion ≈ $46.26 Billion |
CA$24.15 Billion ≈ $17.47 Billion |
0.378x | +35.65% |
| 2014-10-31 | CA$54.50 Billion ≈ $39.43 Billion |
CA$15.17 Billion ≈ $10.98 Billion |
0.278x | +93.57% |
| 2013-10-31 | CA$49.26 Billion ≈ $35.63 Billion |
CA$7.08 Billion ≈ $5.13 Billion |
0.144x | +501.94% |
| 2012-10-31 | CA$46.03 Billion ≈ $33.30 Billion |
CA$-1.65 Billion ≈ $-1.19 Billion |
-0.036x | -168.53% |
| 2011-10-31 | CA$85.78 Billion ≈ $62.05 Billion |
CA$4.48 Billion ≈ $3.24 Billion |
0.052x | -80.95% |
| 2010-10-31 | CA$41.21 Billion ≈ $29.81 Billion |
CA$11.29 Billion ≈ $8.17 Billion |
0.274x | +44.30% |
| 2009-10-31 | CA$38.98 Billion ≈ $28.20 Billion |
CA$7.40 Billion ≈ $5.36 Billion |
0.190x | -44.96% |
| 2008-10-31 | CA$33.13 Billion ≈ $23.96 Billion |
CA$11.43 Billion ≈ $8.27 Billion |
0.345x | -60.24% |
| 2007-10-31 | CA$25.92 Billion ≈ $18.75 Billion |
CA$22.50 Billion ≈ $16.28 Billion |
0.868x | +246.88% |
| 2006-10-31 | CA$24.19 Billion ≈ $17.50 Billion |
CA$-14.30 Billion ≈ $-10.34 Billion |
-0.591x | +55.79% |
| 2005-10-31 | CA$22.09 Billion ≈ $15.98 Billion |
CA$-29.53 Billion ≈ $-21.36 Billion |
-1.337x | -1320.89% |
| 2004-10-31 | CA$17.64 Billion ≈ $12.76 Billion |
CA$1.93 Billion ≈ $1.40 Billion |
0.109x | +123.50% |
| 2003-10-31 | CA$20.76 Billion ≈ $15.02 Billion |
CA$-9.67 Billion ≈ $-7.00 Billion |
-0.466x | -211.54% |
| 2002-10-31 | CA$20.25 Billion ≈ $14.65 Billion |
CA$-3.03 Billion ≈ $-2.19 Billion |
-0.150x | +59.23% |
| 2001-10-31 | CA$19.64 Billion ≈ $14.21 Billion |
CA$-7.20 Billion ≈ $-5.21 Billion |
-0.367x | +70.07% |
| 2000-10-31 | CA$9.69 Billion ≈ $7.01 Billion |
CA$-11.87 Billion ≈ $-8.59 Billion |
-1.225x | -410.72% |
| 1999-10-31 | CA$12.41 Billion ≈ $8.98 Billion |
CA$4.89 Billion ≈ $3.54 Billion |
0.394x | +272.29% |
| 1998-10-31 | CA$19.07 Billion ≈ $13.79 Billion |
CA$-4.36 Billion ≈ $-3.16 Billion |
-0.229x | -154.90% |
| 1997-10-31 | CA$9.66 Billion ≈ $6.99 Billion |
CA$4.03 Billion ≈ $2.91 Billion |
0.417x | +287.36% |
| 1996-10-31 | CA$10.34 Billion ≈ $7.48 Billion |
CA$-2.30 Billion ≈ $-1.66 Billion |
-0.223x | -251.11% |
| 1995-10-31 | CA$9.03 Billion ≈ $6.53 Billion |
CA$1.33 Billion ≈ $962.10 Million |
0.147x | -29.07% |
| 1994-10-31 | CA$8.59 Billion ≈ $6.21 Billion |
CA$1.78 Billion ≈ $1.29 Billion |
0.208x | +5.79% |
| 1993-10-31 | CA$8.02 Billion ≈ $5.80 Billion |
CA$1.57 Billion ≈ $1.14 Billion |
0.196x | -- |
About Royal Bank of Canada
Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company's Commercial Banking segments provides lending, deposit and transaction banking products and… Read more