RY
Royal Bank of Canada
NYSEUSDEQUITY
Financial Services
DELAYED
Neutral
+12/100
Last price
196.35
▲ 1.68 (0.86%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
195.89
Prev close
194.67
Day high
197.13
Day low
195.40
Volume
780.30K
Market cap
$271.83B
P/E (TTM)
17.01
52W range
143.13 – 218.57
Day trading desk
Gap from prior close
+0.63%
Prior close 194.67
VWAP
196.42
-0.04% from price
Relative volume
1.08×
Normal
Session range
0.89%
195.40 – 197.13
Position in range
55%
Mid range
ATR (14D)
2.90
1.47% of price
Prior day high
195.91
PDH
Prior day low
194.27
PDL
Bid / ask spread
—
Quote not published
Session volume
1.35M
Avg 1.26M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-1.73%
-3.7%
1M
-6.76%
-7.9%
3M
-4.58%
-9.1%
6M
+18.72%
+0.5%
YTD
+15.17%
+0.9%
1Y
+33.61%
+17.2%
3Y
+124.55%
+42.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on RY open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
387.64K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Oct 1, 26 | Douvas (Maria Elena) Senior Officer of Issuer |
EXERCISE | 8.48K | $575.94K | Direct |
| Oct 1, 26 | Douvas (Maria Elena) Senior Officer of Issuer |
SELL | 8.48K | $1.64M | Direct |
| Oct 1, 26 | Douvas (Maria Elena) Senior Officer of Issuer |
EXERCISE | 9.07K | $667.57K | Direct |
| Oct 1, 26 | Douvas (Maria Elena) Senior Officer of Issuer |
SELL | 9.07K | $1.75M | Direct |
| Oct 1, 26 | Douvas (Maria Elena) Senior Officer of Issuer |
EXERCISE | 9.60K | $715.93K | Direct |
| Oct 1, 26 | Douvas (Maria Elena) Senior Officer of Issuer |
SELL | 9.60K | $1.86M | Direct |
| Sep 29, 26 | Royal Bank of Canada Issuer |
BUY | 200.00K | $39.94M | Direct |
| Sep 29, 26 | Royal Bank of Canada Issuer |
— | 200.00K | — | Direct |
| Sep 28, 26 | Royal Bank of Canada Issuer |
BUY | 200.00K | $40.29M | Direct |
| Sep 28, 26 | Royal Bank of Canada Issuer |
— | 200.00K | — | Direct |
| Sep 25, 26 | Royal Bank of Canada Issuer |
BUY | 200.00K | $40.24M | Direct |
| Sep 25, 26 | Royal Bank of Canada Issuer |
— | 200.00K | — | Direct |
| Sep 24, 26 | Royal Bank of Canada Issuer |
BUY | 200.00K | $39.86M | Direct |
| Sep 24, 26 | Royal Bank of Canada Issuer |
— | 200.00K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Bibic, Mirko |
Director of Issuer | — | Acquisition or disposition in the public market |
Chisholm (Andrew Allen) |
Director of Issuer | 4.42K | Stock dividend |
Daruvala (Toos Noshir) |
Director of Issuer | 12.51K | Stock dividend |
Devine (Cynthia Jane) |
Director of Issuer | 13.86K | Stock dividend |
Douvas (Maria Elena) |
Senior Officer of Issuer | 8.48K | Exercise of options |
Jamieson (Roberta L.) |
Director of Issuer | 10.40K | Stock dividend |
McKay (David Ian) |
Director of Issuer | 28.96K | Exercise of options |
McLaughlin (Neil) |
Senior Officer of Issuer | 4.00K | Exercise of options |
Ross (Bruce Washington) |
Senior Officer of Issuer | 3.89K | Exercise of options |
Royal Bank of Canada |
Issuer | 200.00K | Redemption, retraction, cancelation, repurchase |
Fundamentals
Market cap$271.83B
Enterprise value$-51.40B
Revenue (TTM)$67.15B
Gross profit$67.15B
EBITDA—
Net income$22.19B
EPS (TTM)$11.54
Free cash flow—
Total cash$840.21B
Total debt$505.80B
Book value / share$69.09
Shares outstanding1.38B
Float1.38B
Short % of float—
Dividend yield2.54%
Beta (5Y)0.91
Valuation & profitability ratios
Trailing P/E17.01
Forward P/E15.67
PEG ratio2.26
Price / sales—
Price / book2.84
EV / revenue-0.77
EV / EBITDA—
Gross margin0.00%
Operating margin46.44%
Profit margin33.87%
Return on equity16.21%
Return on assets0.96%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $66.53B | $57.49B | $51.59B | $48.77B | +15.7% |
| Operating revenue | $66.53B | $57.49B | $51.59B | $48.77B | +15.7% |
| Selling, general & admin | $23.12B | $21.08B | $18.85B | $18.31B | +9.7% |
| Pre-tax income | $25.65B | $19.86B | $18.18B | $20.11B | +29.1% |
| Tax provision | $5.28B | $3.62B | $3.57B | $4.30B | +45.8% |
| Net income | $20.36B | $16.23B | $14.61B | $15.79B | +25.5% |
| Net income to common | $19.87B | $15.91B | $14.37B | $15.55B | +24.9% |
| Basic EPS | 14.10 | — | — | — | — |
| Diluted EPS | 14.07 | — | — | — | — |
| Basic shares | 1.41B | — | — | — | — |
| Diluted shares | 1.41B | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $87.39B | $122.74B | $133.07B | $180.41B | -28.8% |
| Accounts receivable | $13.37B | $12.29B | $12.07B | $8.95B | +8.8% |
| Property, plant & equipment | $6.82B | $6.85B | $6.75B | $7.21B | -0.5% |
| Goodwill & intangibles | $26.81B | $27.08B | $18.50B | $18.36B | -1.0% |
| Total assets | $2.33T | $2.17T | $2.01T | $1.92T | +7.1% |
| Current debt | $187.04B | $134.38B | $117.67B | $142.30B | +39.2% |
| Long-term debt | $353.81B | $324.36B | $316.92B | $277.77B | +9.1% |
| Total debt | $545.44B | $463.41B | $439.35B | $425.18B | +17.7% |
| Total liabilities | $2.19T | $2.04T | $1.89T | $1.81T | +6.9% |
| Retained earnings | $96.94B | $88.61B | $81.72B | $78.04B | +9.4% |
| Shareholder equity | $139.09B | $127.09B | $115.05B | $108.06B | +9.4% |
| Net tangible assets | $112.28B | $100.00B | $96.55B | $89.70B | +12.3% |
| Shares issued | 1.40B | 1.42B | 1.40B | 1.39B | -1.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $20.37B | $16.24B | $14.61B | $15.81B | +25.4% |
| Depreciation & amortisation | $3.08B | $2.98B | $2.85B | $2.65B | +3.3% |
| Change in working capital | $27.83B | $2.34B | $7.23B | $2.68B | +1,089.4% |
| Operating cash flow | $55.22B | $23.14B | $26.08B | $21.94B | +138.6% |
| Capital expenditure | -$2.24B | -$2.28B | -$2.73B | -$2.50B | +1.6% |
| Investing cash flow | -$68.57B | -$20.89B | -$28.27B | -$57.05B | -228.3% |
| Share buybacks | -$15.85B | -$7.69B | -$4.08B | -$11.28B | -106.1% |
| Dividends paid | -$8.80B | -$6.64B | -$5.55B | -$6.96B | -32.6% |
| Financing cash flow | -$6.71B | -$8.15B | -$9.83B | -$2.19B | +17.6% |
| Free cash flow | $52.98B | $20.86B | $23.35B | $19.44B | +154.0% |
| End cash position | $37.02B | $56.72B | $61.99B | $72.40B | -34.7% |
| Line item | 2026-07-31 | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $18.51B | $17.43B | $17.92B | $17.20B | $16.96B | +6.2% |
| Operating revenue | $18.51B | $17.43B | $17.92B | $17.20B | $16.96B | +6.2% |
| Selling, general & admin | $6.29B | $6.01B | $6.29B | $5.79B | $5.87B | +4.7% |
| Pre-tax income | $7.75B | $7.10B | $7.41B | $6.83B | $6.87B | +9.1% |
| Tax provision | $1.73B | $1.59B | $1.62B | $1.39B | $1.46B | +8.2% |
| Net income | $6.02B | $5.51B | $5.78B | $5.43B | $5.42B | +9.4% |
| Net income to common | $5.88B | $5.37B | $5.64B | $5.29B | $5.29B | +9.4% |
| Basic EPS | 4.24 | 3.86 | 4.03 | 3.77 | 3.76 | +9.8% |
| Diluted EPS | 4.23 | 3.85 | 4.03 | 3.76 | 3.75 | +9.9% |
| Basic shares | 1.39B | 1.39B | 1.40B | 1.40B | 1.41B | -0.4% |
| Diluted shares | 1.39B | 1.40B | 1.40B | 1.41B | 1.41B | -0.4% |
| Line item | 2026-07-31 | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $114.57B | $93.49B | $99.30B | $87.39B | $107.75B | +22.5% |
| Accounts receivable | — | — | — | $13.37B | — | — |
| Property, plant & equipment | $6.95B | $6.78B | $6.72B | $6.82B | $6.74B | +2.5% |
| Goodwill & intangibles | $26.82B | $26.54B | $26.60B | $26.81B | $26.74B | +1.1% |
| Total assets | $2.50T | $2.40T | $2.34T | $2.33T | $2.23T | +4.3% |
| Current debt | $231.63B | $211.87B | $207.49B | $187.04B | $174.49B | +9.3% |
| Long-term debt | $363.70B | $361.80B | $347.21B | $353.81B | $348.89B | +0.5% |
| Total debt | $595.33B | $573.67B | $554.70B | $545.44B | $523.38B | +3.8% |
| Total liabilities | $2.35T | $2.26T | $2.20T | $2.19T | $2.09T | +4.4% |
| Retained earnings | $103.48B | $101.24B | $99.27B | $96.94B | $94.97B | +2.2% |
| Shareholder equity | $145.04B | $140.72B | $139.80B | $139.09B | $135.56B | +3.1% |
| Net tangible assets | $118.21B | $114.18B | $113.20B | $112.28B | $108.82B | +3.5% |
| Shares issued | 1.38B | 1.39B | 1.40B | 1.40B | 1.41B | -0.4% |
| Line item | 2026-07-31 | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $6.02B | $5.51B | $5.79B | $5.43B | $5.41B | +9.3% |
| Depreciation & amortisation | $740.00M | $722.00M | $710.00M | $757.00M | $768.00M | +2.5% |
| Change in working capital | $27.36B | $14.47B | $30.22B | -$21.84B | $21.85B | +89.1% |
| Operating cash flow | $35.10B | $21.28B | $37.90B | -$14.79B | $29.00B | +65.0% |
| Capital expenditure | -$743.00M | -$459.00M | -$597.00M | -$549.00M | -$530.00M | -61.9% |
| Investing cash flow | -$27.60B | $379.00M | -$26.73B | $17.42B | -$37.97B | -7,382.8% |
| Share buybacks | -$5.72B | -$4.99B | -$5.58B | -$6.09B | -$4.64B | -14.6% |
| Dividends paid | -$2.41B | -$2.43B | -$2.30B | -$2.29B | -$2.20B | +0.8% |
| Financing cash flow | -$3.71B | -$7.92B | -$1.28B | -$661.00M | -$3.90B | +53.1% |
| Free cash flow | $34.36B | $20.82B | $37.30B | -$15.33B | $28.47B | +65.0% |
| End cash position | $64.14B | $59.35B | $46.23B | $37.02B | $34.93B | +8.1% |
Options analytics
Put / call volume
4.44
Put-heavy session
Put / call open interest
1.09
Positioning, not flow
Max pain
195.00
-0.7% from spot
ATM implied vol
24.6%
Nearest strike to spot
Skew (10% OTM)
+10.3%
Puts bid over calls
Call volume
261
Contracts, this expiry
Put volume
1.16K
Contracts, this expiry
Heaviest call OI
220.00
1.44K contracts
Heaviest put OI
155.00
3.00K contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jul 2026 | 4.07 | 4.28 | +5.2% |
| Apr 2026 | 3.79 | 3.90 | +2.8% |
| Jan 2026 | 3.84 | 4.08 | +6.2% |
| Oct 2025 | 3.55 | 3.85 | +8.4% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 4.14 | 11 | $18.55B | +7.8% |
| Next quarter | 4.38 | 6 | $19.10B | +6.3% |
| Current year | 16.39 | 13 | $72.42B | +8.7% |
| Next year | 17.88 | 13 | $76.44B | +5.6% |
Analyst targets & ownership
Mean target$207.85
High target$225.17
Low target$182.99
Implied upside5.86%
Analyst count3
ConsensusBUY
Strong buy / Buy4 / 5
Hold5
Sell / Strong sell0 / 1
Held by insiders0.03%
Held by institutions49.53%
Institutions holding1.45K
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
198.03
-0.85% from price
SMA 20
201.38
-2.50% from price
SMA 50
206.13
-4.74% from price
SMA 100
203.33
-3.43% from price
SMA 200
186.68
+5.18% from price
EMA 12
198.63
-1.15% from price
EMA 26
201.64
-2.62% from price
EMA 50
203.20
-3.37% from price
RSI (14)
37.0
Neutral
MACD (12,26,9)
-3.01
Hist -0.59
ATR (14)
2.90
1.47% of price
Realised vol 30D
16.0%
Annualised
Bollinger upper
209.18
20, 2σ
Bollinger lower
193.58
20, 2σ
50 / 200 cross
Golden
206.13 vs 186.68
Trend bias
Above 200
+5.18%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.68
Less volatile than market
Correlation to SPY
0.55
Loosely linked
Realised vol 30D
16.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-10.6%
Peak to trough
Max drawdown 5Y
-34.2%
Peak to trough
ATR 14
2.90
1.47% of price
Beta (reported)
0.91
5Y monthly, from filing
Short interest
Shares short
2.53M
Prior 3.35M
Change vs prior
-24.5%
Shorts covering
% of float
—
—
% of shares out
0.18%
Against total outstanding
Days to cover
2.2
Liquid
Float
1.38B
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 29, 25 | Argus Research | MAINTAINED | Buy | Buy |
| Dec 5, 24 | BMO Capital | MAINTAINED | Outperform | Outperform |
| Aug 29, 24 | BMO Capital | MAINTAINED | Outperform | Outperform |
| Jun 6, 24 | Argus Research | MAINTAINED | Buy | Buy |
| Apr 5, 24 | BMO Capital | UPGRADE | Market Perform | Outperform |
| Dec 18, 23 | B of A Securities | UPGRADE | Neutral | Buy |
| Aug 25, 23 | Credit Suisse | MAINTAINED | Outperform | Outperform |
| Aug 25, 23 | Barclays | MAINTAINED | Underweight | Underweight |
| Aug 21, 23 | Barclays | MAINTAINED | Underweight | Underweight |
| Jun 6, 22 | Argus Research | MAINTAINED | — | Buy |
| Mar 2, 21 | B of A Securities | DOWNGRADE | Buy | Neutral |
| Mar 1, 21 | Argus Research | MAINTAINED | — | Buy |
Dividends & splits
Forward rate$4.94 / yr
Forward yield2.54%
5-year avg yield3.35%
Payout ratio41.49%
Ex-dividend dateOct 26, 2026
Next pay dateNov 24, 2026
Last split2:1
Split dateApr 7, 2006
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-01-08
Offering Registrations
S-8 POS · 2025-09-10
Corporate Changes & Voting Matters
6-K · 2025-08-06
Offering Registrations
S-8 · 2025-06-06
Corporate Changes & Voting Matters
6-K · 2025-01-24
Corporate Changes & Voting Matters
6-K · 2024-12-04
Tender Offer/Acquisition Reports
SC 13G/A · 2024-02-09
Annual report of employee stock purchase
11-K · 2023-06-28
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.