Royal Bank of Canada (RY) - Cash Flow Conversion Efficiency

Latest as of October 2025: -0.106x

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.

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. Explore and compare other companies by cash flow conversion efficiency.

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
Westpac Banking Corporation AU:WBCPI	-0.064x
Wells Fargo & Company NYSE:WFC	-0.005x
Toyota Motor Corporation MX:TMN	0.021x
AstraZeneca PLC F:ZEGA	0.112x
Novartis AG SW:NOVN	0.046x
China Construction Bank Corporation F:C6T	0.077x
Shell PLC ADR NYSE:SHEL	0.050x
Goldman Sachs Group Inc NYSE:GS	-0.130x

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.

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

$242.92 Billion

CA$335.81 Billion CAD

Market Cap Rank

#74 Global

#1 in Canada

Share Price

CA$239.83

Change (1 day)

+0.11%

52-Week Range

CA$163.88 - CA$245.85

All Time High

CA$245.85