Royal Bank of Canada (RY) — Free Cash Flow Generation Index
Royal Bank of Canada (RY) has a Free Cash Flow Generation Index of 0.80x as of July 2026. Free cash flow of CA$3.06 Billion represents 1% of operating cash flow (CA$3.80 Billion). Explore capital reinvestment ratio of Royal Bank of Canada to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Royal Bank of Canada Free Cash Flow Generation Index (1993–2025)
Historical FCF Generation Index trend for Royal Bank of Canada across 24 annual periods. For the full cash flow conversion analysis, see Royal Bank of Canada cash conversion from operations.
Annual Free Cash Flow Generation for Royal Bank of Canada (1993–2025)
Year-by-year Free Cash Flow Generation Index for Royal Bank of Canada. Check Royal Bank of Canada cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.96x | CA$52.98 Billion | CA$55.22 Billion | CA$2.24 Billion | ▲ +6.4% |
| 2024 | 0.90x | CA$20.86 Billion | CA$23.14 Billion | CA$2.28 Billion | ▲ +0.7% |
| 2023 | 0.90x | CA$23.35 Billion | CA$26.08 Billion | CA$2.73 Billion | ▲ +1.0% |
| 2022 | 0.89x | CA$19.44 Billion | CA$21.94 Billion | CA$2.50 Billion | ▼ -8.1% |
| 2021 | 0.96x | CA$58.86 Billion | CA$61.04 Billion | CA$2.19 Billion | ▼ -1.7% |
| 2020 | 0.98x | CA$136.19 Billion | CA$138.82 Billion | CA$2.63 Billion | ▲ +16.6% |
| 2019 | 0.84x | CA$12.00 Billion | CA$14.27 Billion | CA$2.26 Billion | ▼ -5.1% |
| 2018 | 0.89x | CA$15.49 Billion | CA$17.47 Billion | CA$1.98 Billion | ▼ -8.0% |
| 2017 | 0.96x | CA$36.36 Billion | CA$37.73 Billion | CA$1.36 Billion | ▲ +1.1% |
| 2016 | 0.95x | CA$25.60 Billion | CA$26.86 Billion | CA$1.26 Billion | ▲ +0.9% |
| 2015 | 0.94x | CA$22.81 Billion | CA$24.15 Billion | CA$1.34 Billion | ▲ +2.8% |
| 2014 | 0.92x | CA$13.95 Billion | CA$15.17 Billion | CA$1.23 Billion | ▲ +5.8% |
| 2013 | 0.87x | CA$6.15 Billion | CA$7.08 Billion | CA$932.00 Million | ▲ +28.5% |
| 2011 | 0.68x | CA$3.03 Billion | CA$4.48 Billion | CA$1.45 Billion | ▼ -26.1% |
| 2010 | 0.91x | CA$10.33 Billion | CA$11.29 Billion | CA$960.00 Million | ▲ +0.9% |
| 2009 | 0.91x | CA$6.71 Billion | CA$7.40 Billion | CA$689.00 Million | ▲ +2.0% |
| 2008 | 0.89x | CA$10.17 Billion | CA$11.43 Billion | CA$1.27 Billion | ▼ -8.2% |
| 2007 | 0.97x | CA$21.79 Billion | CA$22.50 Billion | CA$706.00 Million | ▲ +25.4% |
| 2004 | 0.77x | CA$1.49 Billion | CA$1.93 Billion | CA$439.00 Million | ▼ -18.5% |
| 1999 | 0.95x | CA$4.64 Billion | CA$4.89 Billion | CA$254.52 Million | ▲ +2.2% |
| 1997 | 0.93x | CA$3.73 Billion | CA$4.03 Billion | CA$293.06 Million | ▲ +14.7% |
| 1995 | 0.81x | CA$1.07 Billion | CA$1.33 Billion | CA$255.00 Million | ▼ -5.8% |
| 1994 | 0.86x | CA$1.53 Billion | CA$1.78 Billion | CA$253.00 Million | ▼ -0.8% |
| 1993 | 0.87x | CA$1.36 Billion | CA$1.57 Billion | CA$212.00 Million | — |