Royal Bank of Canada RY-PT NYSE

Royal Bank of Canada (RY-PT) generated $26.08B in operating cash flow for fiscal year 2023. After capital expenditures of $2.73B, free cash flow was $23.35B.

Free cash flow margin was 41.5% of revenue. Cash conversion ratio was 1.75x, indicating earnings are backed by cash.

The company returned $5.55B in dividends and $4.08B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (84/100, Pass) — $23.35B (41.5% FCF margin) supports a durable competitive advantage
• INCOME (85/100) — Cash conversion ratio was 1.75x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 71/100 with 5/7 criteria passed.