With a market capitalization (market cap) of $271.94B — a measure of how much the company is worth — Royal Bank of Canada ranks #48 among the 2,510 companies tracked, and 8th in Financial Services as of October 3, 2026. Shares trade at $195.67, up 0.16% on the day.
of 2,510 tracked
Market-cap change uses historical capitalization records. Share-price returns are a different series — they can diverge when the share count changes. Those returns are not a CAGR until you pick a start value, an ending value, and years. CAGR calculator. Market cap vs. stock price.
Year-end values and the chart both come from historical market-cap records, not from applying today's share count to past prices. Latest historical observation October 2, 2026. Ranking headline cap is the snapshot figure as of October 3, 2026.
| Year | As of | Market cap | Annual change | Year-end close |
|---|---|---|---|---|
| 2026 | Oct 2, 2026 | $193.54B | +10.60% | $195.67 |
| 2025 | Dec 31, 2025 | $174.99B | +2.70% | $170.49 |
| 2024 | Dec 31, 2024 | $170.39B | +19.81% | $120.51 |
| 2023 | Dec 29, 2023 | $142.22B | +9.40% | $101.13 |
Ranking figure $271.94B as of October 3, 2026.
Royal Bank of Canada's ranking market cap is the provider-reported capitalization on the same snapshot as the rest of this site, with a share price of $195.67 as of October 2, 2026. Charts and the year-end table use a separate historical market-cap series, last observed at $193.54B on October 2, 2026. See how the ranking works.
The ranking snapshot ($271.94B as of October 3, 2026) is FMP company-screener market cap. The historical observation ($193.54B on October 2, 2026) is FMP historical-market-capitalization for the same ticker. The live quote market cap agrees with the ranking snapshot. This page does not replace one series with the other.
Live shares outstanding are not on the quote used for price, so this page does not invent a current share count. Shares outstanding vs. float.
The latest annual report (FY 2025) used a weighted-average 1,407,280,000 shares. That figure is an average for the year, not the live count in the market-cap formula.
Book equity: assets minus liabilities on the latest annual report.
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FY 2025 net worth
Largest U.S.-listed names in the same FMP sector — not a hand-picked competitor set.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #13 | Berkshire Hathaway Inc. BRK-B | $1.08T | +0.43% |
| #16 | JPMorgan Chase & Co. JPM | $890.62B | -0.24% |
| #20 |
Royal Bank of Canada (RBC), established in 1864 and headquartered in Toronto, Canada, operates as a comprehensive global financial institution. Its Personal & Commercial Banking division caters to individual clients by providing essential services like checking and savings accounts, various lending options (including mortgages, personal loans, and auto financing), private banking, investment vehicles such as mutual funds and guaranteed investment certificates (GICs), along with credit cards and payment solutions.
Summary from the company profile (Financial Modeling Prep). Principal financial figures above are for FY 2025.
Visit websiteAs of October 3, 2026, Royal Bank of Canada (RY) is worth $271.94B — that is its market capitalization, the total value of its outstanding shares on MarketCapLens.
A company’s net worth is its shareholders’ equity: assets minus liabilities on the balance sheet. That is book equity, not market cap. For FY 2025, Royal Bank of Canada’s book equity is about $139.15B. Market cap is the market value of the outstanding shares. As of October 3, 2026, its market cap is $271.94B. Book equity is an accounting remainder; market cap is a trading value. Neither is a person’s net worth.
Royal Bank of Canada ranks #48 among the 2,510 companies tracked on MarketCapLens. In Financial Services it ranks #8 of 412.
Fundamentals are annual. Figures labeled with their fiscal year. Live ratios use the current price against those annual earnings.
Over the past year, market cap and share price moved by different amounts. Share count can change independently of price. What changes market cap.
| 2022 |
|---|
| Dec 30, 2022 |
| $130.01B |
| -13.85% |
| $94.02 |
| 2021 | Dec 31, 2021 | $150.91B | — | $106.14 |
|---|
Last observation of each calendar year from historical market-cap records. The current year is through the latest date, not a completed year-end. Share-price close is the matching session for context — we do not rebuild cap from today's share count.
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FY 2025
| $673.37B |
| +0.23% |
| #23 | Mastercard Incorporated MA | $484.35B | +0.41% |
| #33 | Bank of America Corporation BAC | $381.44B | +0.04% |
| #39 | HSBC Holdings plc HSBC | $330.41B | +0.33% |
Companies immediately above and below in the overall ranking. They may be in a different sector.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #45 | The Home Depot, Inc. HD | $282.03B | +0.14% |
| #46 | Netflix, Inc. NFLX | $279.23B | -1.16% |
| #47 | CrowdStrike Holdings, Inc. CRWD | $274.97B | +1.48% |
| #49 | KLA Corporation KLAC | $270.26B | +3.27% |
| #50 | Texas Instruments Incorporated TXN | $268.31B | +4.44% |
| #51 | Shell plc SHEL | $268.3B | +0.65% |
Royal Bank of Canada’s ranking market cap of $271.94B comes from the same snapshot as the rest of this site, as of October 3, 2026. It is not share price multiplied by the FY 2025 weighted-average share count of 1,407,280,000. The ranking snapshot ($271.94B as of October 3, 2026) is FMP company-screener market cap. The historical observation ($193.54B on October 2, 2026) is FMP historical-market-capitalization for the same ticker. The live quote market cap agrees with the ranking snapshot. This page does not replace one series with the other.
Over the past year, Royal Bank of Canada’s market cap is down 6.08%, using historical market-cap records rather than today’s share count applied to past prices.
Royal Bank of Canada (RY) shares trade at $195.67, up 0.16% on the day, as of October 3, 2026.
Royal Bank of Canada trades at a live price-to-earnings (P/E) ratio of 13.9, using the latest share price divided by the latest annual earnings per share. That is not the same as a fiscal-year reported P/E.