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Side-by-side financial comparison of AbbVie (ABBV) and ROYAL BANK OF CANADA (RY). Click either name above to swap in a different company.

AbbVie is the larger business by last-quarter revenue ($16.6B vs $13.1B, roughly 1.3× ROYAL BANK OF CANADA). ROYAL BANK OF CANADA runs the higher net margin — 32.2% vs 10.9%, a 21.3% gap on every dollar of revenue.

AbbVie Inc. is an American pharmaceutical company headquartered in North Chicago, Illinois. They have produced drugs to treat a wide range of medical issues.

The Royal Bank of Canada is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 18 million clients and has more than 98,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains its corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks.

ABBV vs RY — Head-to-Head

Bigger by revenue
ABBV
ABBV
1.3× larger
ABBV
$16.6B
$13.1B
RY
Higher net margin
RY
RY
21.3% more per $
RY
32.2%
10.9%
ABBV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ABBV
ABBV
RY
RY
Revenue
$16.6B
$13.1B
Net Profit
$1.8B
$4.2B
Gross Margin
72.6%
Operating Margin
27.3%
Net Margin
10.9%
32.2%
Revenue YoY
10.0%
Net Profit YoY
8354.5%
EPS (diluted)
$1.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABBV
ABBV
RY
RY
Q1 26
$13.1B
Q4 25
$16.6B
Q3 25
$15.8B
$12.4B
Q2 25
$15.4B
$11.4B
Q1 25
$13.3B
Q4 24
$15.1B
Q3 24
$14.5B
Q2 24
$14.5B
Net Profit
ABBV
ABBV
RY
RY
Q1 26
$4.2B
Q4 25
$1.8B
Q3 25
$186.0M
$4.0B
Q2 25
$938.0M
$3.2B
Q1 25
$1.3B
Q4 24
$-22.0M
Q3 24
$1.6B
Q2 24
$1.4B
Gross Margin
ABBV
ABBV
RY
RY
Q1 26
Q4 25
72.6%
Q3 25
66.4%
Q2 25
71.8%
Q1 25
70.0%
Q4 24
70.9%
Q3 24
70.9%
Q2 24
70.9%
Operating Margin
ABBV
ABBV
RY
RY
Q1 26
Q4 25
27.3%
Q3 25
12.1%
Q2 25
31.7%
Q1 25
28.0%
Q4 24
-9.9%
Q3 24
26.5%
Q2 24
27.6%
Net Margin
ABBV
ABBV
RY
RY
Q1 26
32.2%
Q4 25
10.9%
Q3 25
1.2%
31.9%
Q2 25
6.1%
28.0%
Q1 25
9.6%
Q4 24
-0.1%
Q3 24
10.8%
Q2 24
9.5%
EPS (diluted)
ABBV
ABBV
RY
RY
Q1 26
Q4 25
$1.02
Q3 25
$0.10
Q2 25
$0.52
Q1 25
$0.72
Q4 24
$-0.03
Q3 24
$0.88
Q2 24
$0.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABBV
ABBV
RY
RY
Cash + ST InvestmentsLiquidity on hand
$5.3B
$33.7B
Total DebtLower is stronger
$58.9B
Stockholders' EquityBook value
$-3.3B
$102.1B
Total Assets
$134.0B
$1709.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABBV
ABBV
RY
RY
Q1 26
$33.7B
Q4 25
$5.3B
Q3 25
$5.7B
$25.5B
Q2 25
$6.5B
$35.5B
Q1 25
$5.2B
Q4 24
$5.6B
Q3 24
$7.3B
Q2 24
$13.2B
Total Debt
ABBV
ABBV
RY
RY
Q1 26
Q4 25
$58.9B
Q3 25
$63.0B
Q2 25
$63.0B
Q1 25
$64.5B
Q4 24
$60.3B
Q3 24
$58.5B
Q2 24
$58.0B
Stockholders' Equity
ABBV
ABBV
RY
RY
Q1 26
$102.1B
Q4 25
$-3.3B
Q3 25
$-2.6B
$99.0B
Q2 25
$-183.0M
$96.7B
Q1 25
$1.4B
Q4 24
$3.3B
Q3 24
$6.0B
Q2 24
$6.8B
Total Assets
ABBV
ABBV
RY
RY
Q1 26
$1709.9B
Q4 25
$134.0B
Q3 25
$133.9B
$1626.4B
Q2 25
$137.2B
$1636.8B
Q1 25
$136.2B
Q4 24
$135.2B
Q3 24
$143.4B
Q2 24
$141.9B
Debt / Equity
ABBV
ABBV
RY
RY
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
45.44×
Q4 24
18.15×
Q3 24
9.70×
Q2 24
8.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABBV
ABBV
RY
RY
Operating Cash FlowLast quarter
$5.2B
$27.7B
Free Cash FlowOCF − Capex
$4.9B
FCF MarginFCF / Revenue
29.4%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
2.87×
6.55×
TTM Free Cash FlowTrailing 4 quarters
$17.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABBV
ABBV
RY
RY
Q1 26
$27.7B
Q4 25
$5.2B
Q3 25
$7.0B
$21.2B
Q2 25
$5.2B
$7.2B
Q1 25
$1.6B
Q4 24
$7.0B
Q3 24
$5.4B
Q2 24
$2.3B
Free Cash Flow
ABBV
ABBV
RY
RY
Q1 26
Q4 25
$4.9B
Q3 25
$6.6B
Q2 25
$4.9B
Q1 25
$1.4B
Q4 24
$6.8B
Q3 24
$5.2B
Q2 24
$2.0B
FCF Margin
ABBV
ABBV
RY
RY
Q1 26
Q4 25
29.4%
Q3 25
42.1%
Q2 25
31.7%
Q1 25
10.5%
Q4 24
44.7%
Q3 24
35.9%
Q2 24
14.0%
Capex Intensity
ABBV
ABBV
RY
RY
Q1 26
Q4 25
2.0%
Q3 25
2.4%
Q2 25
1.7%
Q1 25
1.8%
Q4 24
1.9%
Q3 24
1.7%
Q2 24
1.7%
Cash Conversion
ABBV
ABBV
RY
RY
Q1 26
6.55×
Q4 25
2.87×
Q3 25
37.76×
5.36×
Q2 25
5.49×
2.24×
Q1 25
1.27×
Q4 24
Q3 24
3.49×
Q2 24
1.66×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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