Royal Bank of Canada (RY) — Cash Flow Reinvestment Rate
Royal Bank of Canada (RY) has a Cash Flow Reinvestment Rate of 2.98x as of July 2026, reinvesting CA$11.31 Billion (capex CA$743.00 Million plus investments CA$-10.57 Billion) from operating cash flow of CA$3.80 Billion. See cash generation quality of Royal Bank of Canada to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Royal Bank of Canada Cash Flow Reinvestment Rate (1993–2025)
Historical reinvestment intensity for Royal Bank of Canada across 24 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Royal Bank of Canada.
Annual Cash Flow Reinvestment Rate for Royal Bank of Canada (1993–2025)
Year-by-year capital reinvestment analysis for Royal Bank of Canada. See financial agility of Royal Bank of Canada to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (CAD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.53x | CA$84.22 Billion | CA$55.22 Billion | CA$2.24 Billion | ▲ +52.3% |
| 2024 | 1.00x | CA$23.17 Billion | CA$23.14 Billion | CA$2.28 Billion | ▼ -15.8% |
| 2023 | 1.19x | CA$31.00 Billion | CA$26.08 Billion | CA$2.73 Billion | ▼ -52.3% |
| 2022 | 2.49x | CA$54.69 Billion | CA$21.94 Billion | CA$2.50 Billion | ▲ +165.0% |
| 2021 | 0.94x | CA$57.43 Billion | CA$61.04 Billion | CA$2.19 Billion | ▲ +209.6% |
| 2020 | 0.30x | CA$42.19 Billion | CA$138.82 Billion | CA$2.63 Billion | ▼ -67.6% |
| 2019 | 0.94x | CA$13.39 Billion | CA$14.27 Billion | CA$2.26 Billion | ▲ +64.0% |
| 2018 | 0.57x | CA$10.00 Billion | CA$17.47 Billion | CA$1.98 Billion | ▲ +28.3% |
| 2017 | 0.45x | CA$16.82 Billion | CA$37.73 Billion | CA$1.36 Billion | ▼ -47.2% |
| 2016 | 0.84x | CA$22.68 Billion | CA$26.86 Billion | CA$1.26 Billion | ▼ -19.7% |
| 2015 | 1.05x | CA$25.40 Billion | CA$24.15 Billion | CA$1.34 Billion | ▲ +90.2% |
| 2014 | 0.55x | CA$8.39 Billion | CA$15.17 Billion | CA$1.23 Billion | ▲ +320.3% |
| 2013 | 0.13x | CA$932.00 Million | CA$7.08 Billion | CA$932.00 Million | ▼ -59.4% |
| 2011 | 0.32x | CA$1.45 Billion | CA$4.48 Billion | CA$1.45 Billion | ▲ +281.4% |
| 2010 | 0.09x | CA$960.00 Million | CA$11.29 Billion | CA$960.00 Million | ▼ -8.7% |
| 2009 | 0.09x | CA$689.00 Million | CA$7.40 Billion | CA$689.00 Million | ▼ -15.9% |
| 2008 | 0.11x | CA$1.27 Billion | CA$11.43 Billion | CA$1.27 Billion | ▲ +252.7% |
| 2007 | 0.03x | CA$706.00 Million | CA$22.50 Billion | CA$706.00 Million | ▼ -86.2% |
| 2004 | 0.23x | CA$439.00 Million | CA$1.93 Billion | CA$439.00 Million | ▲ +337.1% |
| 1999 | 0.05x | CA$254.52 Million | CA$4.89 Billion | CA$254.52 Million | ▼ -28.5% |
| 1997 | 0.07x | CA$293.06 Million | CA$4.03 Billion | CA$293.06 Million | ▼ -62.0% |
| 1995 | 0.19x | CA$255.00 Million | CA$1.33 Billion | CA$255.00 Million | ▲ +35.1% |
| 1994 | 0.14x | CA$253.00 Million | CA$1.78 Billion | CA$253.00 Million | ▲ +5.3% |
| 1993 | 0.13x | CA$212.00 Million | CA$1.57 Billion | CA$212.00 Million | — |