Companies: 10,795·Total market cap: $144.5T
Royal Bank of Canada

Royal Bank of Canada

RY.TOTSXFinancial Services● Active
$270.60
$-0.34(-0.13%)
Market Cap$377.9B
P/E Ratio
52W High$272.35
52W Low$173.39

Royal Bank of Canada (RY.TO) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

RY.TO · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
1.409B -0.36% YoY Change
FY · as of Oct 31, 2025 · Reported in CAD
vs 1.414B in FY 2024
Diluted Shares Outstanding
1.412B
incl. options, RSUs, convertibles
Dilution Spread
+0.18%
Diluted vs Basic
YoY Change
-0.36%
year-over-year
Float (Free Float)
1.393B
publicly tradable shares
99.7% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+0.1%
2022 → 2025
5-Year CAGRdeclining
-0.2%
2020 → 2025
10-Year CAGRdeclining
-0.2%
2015 → 2025

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 1.412B
1.409B
-0.36%
FY 2024
Diluted Shares: 1.416B
1.414B
+1.67%
FY 2023
Diluted Shares: 1.393B
1.391B
-0.90%
FY 2022
Diluted Shares: 1.406B
1.404B
-1.45%
FY 2021
Diluted Shares: 1.427B
1.424B
+0.03%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Financial Services sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Financial Services sector.

#SymbolCompanyShares (Basic)vs RY.TO
#1
Bank of America CorporationBAC
Bank of America Corporation
7.365B+422.7%
#2
JPMorgan Chase & Co.JPM
JPMorgan Chase & Co.
2.789B+97.9%
#3
Berkshire Hathaway Inc.BRK-B
Berkshire Hathaway Inc.
2.157B+53.1%
#4
Visa Inc.V
Visa Inc.
1.942B+37.8%
#5
Royal Bank of CanadaRY.TO
Royal Bank of CanadaYOU
1.409B
#6
Mastercard IncorporatedMA
Mastercard Incorporated
897.0M-36.3%
#7
Berkshire Hathaway Inc.BRK-A
Berkshire Hathaway Inc.
1.4M-99.9%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Royal Bank of Canada (RY.TO) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of October 31, 2025, Royal Bank of Canada reports 1.409B basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Royal Bank of Canada's basic shares outstanding (1.409B) represents currently issued shares. Diluted shares outstanding (1.412B) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.18%.

Shares Outstanding vs. Float (Free Float)

Royal Bank of Canada's float is 1.393B (99.7% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float1.393B(99.7%)
Outstanding1.397B

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · CAD

About shares outstanding & methodology

Royal Bank of Canada (RY.TO) shares outstanding history from 2006 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Royal Bank of Canada shares outstanding for the fiscal year ending October 31, 2025 were 1.409B, a 0.36% decline year-over-year. Royal Bank of Canada FY 2025 shares outstanding were 1.409B, a -0.36% decline from FY 2024.

Royal Bank of Canada is a leading company operating in the Financial Services sector. The company's share count trajectory — with a 10-year CAGR of -0.2% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

RY.TO shares outstanding · 4 questions

As of October 31, 2025, Royal Bank of Canada (RY.TO) has approximately 1.409B basic shares outstanding and 1.412B diluted shares outstanding. This represents a -0.36% year-over-year change from FY 2024 (1.414B). Royal Bank of Canada's declining share count is primarily driven by its share buyback program. For the complete historical data table, see the history table above.

RY.TO shares outstandinghow many shares does RY.TO haveRY.TO basic shares 2025RY.TO diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Royal Bank of Canada SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08