• Royal Bank Of Canada average return on equity for 2023 was 13.16, a 15.75% increase from 2022.
• Royal Bank Of Canada average return on equity for 2022 was 15.62, a 0.13% decline from 2021.
• Royal Bank Of Canada average return on equity for 2021 was 15.64, a 11.08% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.