Royal Bank of Canada Cash Flow Quality Index
Royal Bank of Canada cash flow quality index. Royal Bank of Canada (RY) has a Cash Flow Quality Index of 0.63x as of July 2026. Operating cash flow of CA$3.80 Billion is below net income of CA$6.02 Billion, suggesting accrual-heavy earnings not yet converted to cash. See financial flexibility index of Royal Bank of Canada to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Royal Bank of Canada (1993–2025)
Cash flow quality index of Royal Bank of Canada from 1993 to 2025. Historical Cash Flow Quality Index for Royal Bank of Canada across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Royal Bank of Canada cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Royal Bank of Canada Cash Flow Quality Index by Year (1993–2025)
Royal Bank of Canada cash flow quality index by year from 1993 to 2025. Year-by-year earnings quality comparison for Royal Bank of Canada. For the full cash flow conversion analysis, see Royal Bank of Canada (RY) cash conversion ratio.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.71x | CA$55.22 Billion | CA$20.37 Billion | ▲ +90.3% |
| 2024 | 1.42x | CA$23.14 Billion | CA$16.24 Billion | ▼ -18.8% |
| 2023 | 1.76x | CA$26.08 Billion | CA$14.86 Billion | ▲ +26.4% |
| 2022 | 1.39x | CA$21.94 Billion | CA$15.81 Billion | ▼ -63.5% |
| 2021 | 3.80x | CA$61.04 Billion | CA$16.05 Billion | ▼ -68.7% |
| 2020 | 12.14x | CA$138.82 Billion | CA$11.44 Billion | ▲ +995.2% |
| 2019 | 1.11x | CA$14.27 Billion | CA$12.87 Billion | ▼ -21.2% |
| 2018 | 1.41x | CA$17.47 Billion | CA$12.43 Billion | ▼ -57.3% |
| 2017 | 3.29x | CA$37.73 Billion | CA$11.47 Billion | ▲ +28.1% |
| 2016 | 2.57x | CA$26.86 Billion | CA$10.46 Billion | ▲ +6.6% |
| 2015 | 2.41x | CA$24.15 Billion | CA$10.03 Billion | ▲ +42.9% |
| 2014 | 1.69x | CA$15.17 Billion | CA$9.00 Billion | ▲ +98.4% |
| 2013 | 0.85x | CA$7.08 Billion | CA$8.34 Billion | ▲ +487.1% |
| 2012 | -0.22x | CA$-1.65 Billion | CA$7.51 Billion | ▼ -131.6% |
| 2011 | 0.70x | CA$4.48 Billion | CA$6.44 Billion | ▼ -64.7% |
| 2010 | 1.97x | CA$11.29 Billion | CA$5.73 Billion | ▲ +51.2% |
| 2009 | 1.30x | CA$7.40 Billion | CA$5.68 Billion | ▼ -48.1% |
| 2008 | 2.51x | CA$11.43 Billion | CA$4.56 Billion | ▼ -38.7% |
| 2007 | 4.10x | CA$22.50 Billion | CA$5.49 Billion | ▲ +236.3% |
| 2006 | -3.01x | CA$-14.30 Billion | CA$4.76 Billion | ▲ +65.0% |
| 2005 | -8.59x | CA$-29.53 Billion | CA$3.44 Billion | ▼ -1444.9% |
| 2004 | 0.64x | CA$1.93 Billion | CA$3.02 Billion | ▲ +119.5% |
| 2003 | -3.27x | CA$-9.67 Billion | CA$2.96 Billion | ▼ -198.5% |
| 2002 | -1.10x | CA$-3.03 Billion | CA$2.76 Billion | ▲ +63.3% |
| 2001 | -2.99x | CA$-7.20 Billion | CA$2.41 Billion | ▲ +42.8% |
| 2000 | -5.22x | CA$-11.87 Billion | CA$2.27 Billion | ▼ -284.1% |
| 1999 | 2.84x | CA$4.89 Billion | CA$1.73 Billion | ▲ +215.1% |
| 1998 | -2.46x | CA$-4.36 Billion | CA$1.77 Billion | ▼ -201.1% |
| 1997 | 2.43x | CA$4.03 Billion | CA$1.65 Billion | ▲ +251.4% |
| 1996 | -1.61x | CA$-2.30 Billion | CA$1.43 Billion | ▼ -252.6% |
| 1995 | 1.05x | CA$1.33 Billion | CA$1.26 Billion | ▼ -30.9% |
| 1994 | 1.53x | CA$1.78 Billion | CA$1.17 Billion | ▼ -70.9% |
| 1993 | 5.24x | CA$1.57 Billion | CA$300.00 Million | — |