Royal Bank of Canada Cash Flow Conversion Efficiency

Latest as of July 2026: 0.026x

Royal Bank of Canada cash flow conversion efficiency. Based on the latest financial reports, Royal Bank of Canada (RY) has a cash flow conversion efficiency ratio of 0.026x as of July 2026. 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$3.80 Billion ≈ $2.75 Billion USD) by net assets (CA$145.09 Billion ≈ $104.96 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Royal Bank of Canada (1993–2025)

Cash flow conversion efficiency of Royal Bank of Canada from 1993 to 2025. This chart illustrates how Royal Bank of Canada's cash flow conversion efficiency has evolved over time, based on yearly financial data. View RY share price today for real-time trading data and today's change.

Royal Bank of Canada Cash Flow Conversion Ratio Explained

Royal Bank of Canada cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see how much is Royal Bank of Canada worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Caterpillar Inc NYSE:CAT	0.168x
General Electric Company SA:GEOO34	0.179x
AstraZeneca PLC MX:AZNN	0.048x
Morgan Stanley NYSE:MS	-0.062x
Lam Research Corp NASDAQ:LRCX	0.108x
AstraZeneca PLC NASDAQ:AZN	0.071x
Novartis AG ADR NYSE:NVS	0.140x
China Construction Bank Corporation F:C6T	-0.064x

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. Review how much free cash does Royal Bank of Canada generate to assess how much free cash flow the company generates relative to operating cash flow.

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

TO:RY Canada Banks - Diversified

Market Cap

$286.63 Billion

CA$396.24 Billion CAD

Market Cap Rank

#63 Global

#1 in Canada

Share Price

CA$286.21

Change (1 day)

+0.80%

52-Week Range

CA$204.01 - CA$305.74

All Time High

CA$305.74