Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Edward R. Royce (R-CA)
House · Republican (most recent term) · CA-39 · in Congress 1993–2019 · Bioguide ID R000487
Party history: R 1993–2019. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.
Estimated net worth (from public disclosures)
| Estimate | Report year | Low | Mid | High |
|---|---|---|---|---|
| (a) Estimated net worth at the earliest available report (2013); the member entered office earlier, in 1993 | 2013 | −$1,416,987 | −$898,494 | −$380,002 |
| (b) Latest net worth estimate | 2017 | −$1,310,982 | −$474,992 | $360,997 |
| (c) Estimated gain / loss, nominal dollars, 2013 → 2017 (4 years spanned) | 2013–2017 | −$930,980 | +$423,502 | +$1,777,984 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): none for these two endpoints. Included in the recommended dollar-gain ranking.
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2013 | $226,506 | $1,125,001 | −$898,494 | −$1,416,987 … −$380,002 | computed |
| 2014 | $643,508 | $1,200,002 | −$556,493 | −$1,253,983 … $140,997 | computed |
| 2015 | $651,010 | $1,300,002 | −$648,992 | −$1,388,981 … $90,997 | computed |
| 2016 | $800,509 | $1,300,002 | −$499,492 | −$1,324,982 … $325,997 | computed |
| 2017 | $825,009 | $1,300,002 | −$474,992 | −$1,310,982 … $360,997 | computed |
- What this is: Net worth = Schedule A assets (each value range at its midpoint; low–high range shown) minus Schedule D liabilities (midpoints / ranges). Low = assets at range floors minus liabilities at range ceilings; Mid = midpoints; High = assets at ceilings minus liabilities at floors. Low and High are outer bounds of the reported ranges, not likely outcomes.
- What it excludes / understates: exact values (only ranges are reported); a personal residence is not reported as an asset (although a mortgage on it may be listed as a liability, which then lowers the estimate); retirement and federal accounts (e.g. Thrift Savings Plan, defined-benefit pensions) are only partly or not reported; assets of excepted/blind trusts, cash held below reporting thresholds, vehicles, household goods and most spouse/dependent items exempt from reporting are not included; liabilities on a personal residence, revolving credit under thresholds and loans to family may be omitted by filers.
- Open-ended top ranges (e.g. “Over $50,000,000”) are counted at their lower bound and flagged, so such values are understated.
- The change is a change in estimated net worth in nominal dollars (no inflation adjustment). It includes salary, gifts, inheritances, business income and re-valuation as well as investment results, and it is subject to range-bracket noise; it is not an investment return and implies nothing about conduct.
Read this first. Members report asset values only as ranges (e.g. “$15,001 – $50,000”), never exact dollars. Every figure below is an estimate computed from range midpoints, not a measured return. Figures cannot be interpreted as investment performance, and they do not show wrongdoing or skill. Methodology and limitations are at the end and in the project README. Sources: public financial disclosure reports filed with the Clerk of the U.S. House of Representatives and/or the Secretary of the Senate (Senate eFD), linked below.
Avg. annual change (geometric, est.)+30.1%
Simple average of years+47.9%
Years estimated3
Best / worst single year2014 +138%
2015 -34%
2015 -34%
Reliability flags: few years (3); a year exceeds ±100%; 1 year(s) driven by income/one position/range artefact.
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +41.5% to +27.3%. This band is narrow because it moves both years together; the true uncertainty is larger — see the per-year “strict envelope” column and the limitations.
Estimated year-over-year change
Bars: midpoint estimate; whisker: same-position floor/ceiling band. Axis clipped to −100%…+150%. Years with insufficient traceable holdings are omitted.
| Year (t−1 → t) | Opening value (mid) | Closing value (mid) | Income (mid) | Buys (mid) | Sales (mid) | Est. gain | Same-position band | Strict envelope | Traced coverage | Status / flags |
|---|---|---|---|---|---|---|---|---|---|---|
| 2013→2014 | $218,506 | $595,007 | $0 | $75,000 | $0 | +138.0% | +114.4% … +240.2% | -58% … +334% | 96% | counted; single position drives the result (range jump) |
| 2014→2015 | $538,006 | $428,007 | $3,750 | $75,000 | $0 | -33.7% | -39.2% … -31.6% | -120% … +52% | 84% | counted |
| 2015→2016 | $568,008 | $792,508 | $0 | $0 | $0 | +39.5% | +36.8% … +40.6% | -71% … +150% | 87% | counted |
| 2016→2017 | $49,002 | $49,002 | $0 | $0 | $0 | +0.0% | +0.0% … +0.0% | -131% … +131% | 6% | excluded; not eligible: traced prior-year value below $50,000 |
Filings used
Each annual-report year uses one filing (most recently filed version among originals/amendments whose Schedule A row count is ≥ 40% of the largest). Electronic (text) PDFs are parsed. Scanned/image-only filings are OCR-read and used only if they pass the explicit validation gates described in the project README (value/income coverage, two-engine agreement, exact bracket snapping, page completeness, year-to-year position continuity); such years are labelled OCR-derived below. Scanned filings that fail validation are listed as “insufficient data – scanned”.
| Report year | Doc ID | Type | Filed | Schedule A rows | Rows with unparsed value | Source (official filing) / SHA-256 |
|---|---|---|---|---|---|---|
| 2013 | 10001482 | House annual | 5/15/2014 | 23 | 0 | 10001482.pdf1ffbca00f2b6be9dc4aaf52817c69b929c36eb61f4fbd977c8229856a8fb8e58 |
| 2014 | 10005556 | House annual | 5/15/2015 | 20 | 0 | 10005556.pdf65b9bcebebc1d49e6e4e709f016160255d6c65435d5142ad2f124bcc161fbc6b |
| 2015 | 10010308 | House annual | 5/16/2016 | 19 | 0 | 10010308.pdfb71af03d5d5ddd4d4285e365bf06d589be587c811ed5756464b408216ba9ca72 |
| 2016 | 10015960 | House annual | 5/15/2017 | 19 | 0 | 10015960.pdf2c74c419f0150b5176aa120106af0867342a9fd252d9581901277542c25c1b5f |
| 2017 | 10021356 | House annual | 5/9/2018 | 18 | 0 | 10021356.pdfeece7317143a3aaf757367818388ee5bd16277f17b75e0c234fb9d0e08345434 |
Largest movers 2013→2014
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Alcatel-Lucent Savings Plan ⇒ Fidelity Mutual Fund - Equity Index Fund | SP | held | None | $100,001 - $250,000 | $0 | $0 |
| Alcatel-Lucent Savings Plan ⇒ Fidelity Mutual Fund- International Equity | SP | held | None | $50,001 - $100,000 | $0 | $0 |
| Alcatel-Lucent Savings Plan ⇒ Fidelity Mutual Fund- Bond Fund | SP | held | None | $50,001 - $100,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisor Corp Bond Fund | SP | held | $1,001 - $15,000 | None | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisor Emerging Markets Income Fund | SP | held | $1,001 - $15,000 | None | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Government Money Market | SP | held | $1,001 - $15,000 | $1 - $1,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisor Real Estate Income Fund | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisory Stock SELECTOR Fund | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
Largest movers 2014→2015
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Alcatel-Lucent Savings Plan ⇒ Fidelity Mutual Fund - Equity Index Fund | SP | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| Alcatel-Lucent Savings Plan ⇒ Fidelity Mutual Fund - International Equity | SP | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| Alcatel-Lucent Savings Plan ⇒ Fidelity Mutual Fund - Bond Fund | SP | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisor Real Estate Income Fund | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisor Global Fund | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisor Large Cap Fund | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Midcap Value Fund | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Government Money Market | SP | held | $1 - $1,000 | $1 - $1,000 | $0 | $0 |
Largest movers 2015→2016
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Alcatel-Lucent Savings Plan ⇒ Fidelity Mutual Fund - US Small Cap Equity Fund | SP | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Alcatel-Lucent Savings Plan ⇒ Fidelity Mutual Fund - Equity Index Fund | SP | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisor Large Cap Fund | SP | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisor Real Estate Income Fund | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisor Stock SELECTOR Fund | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Alcatel-Lucent Savings Plan ⇒ Fidelity Mutual Fund - International Equity | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Advisor Global Fund | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Rollover IRA ⇒ Fidelity Midcap Value Fund | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Method (summary)
- Schedule A asset rows are read from each annual report; the dollar range for each row is converted to its midpoint. Open-ended top ranges (“Over $50,000,000”) are excluded from the traced set and counted as a coverage loss.
- Positions are matched year to year by owner code (self/SP/DC/JT) + normalised asset name. A position that appears only in year t is included only if Schedule B shows a purchase of it in year t (opening value 0); a position that disappears is included only if Schedule B shows a sale (closing value 0). Otherwise it is excluded as unexplained.
- Estimated gain = (closing − opening + reported income − purchases + sale proceeds) ÷ opening, all at midpoints, for the traced positions. “Capital gains” income is not added again (it is already in value change and sale proceeds).
- A year counts only if traced opening value ≥ $50,000 and traced coverage ≥ 60% of the opening midpoint. A member is ranked only with ≥ 3 such years (exactly 2 = “limited data”, shown but unranked). Average = geometric mean of (1+yearly estimate).
Limitations
- Ranges are wide (up to a factor of 5 or more, and up to $50M+ open-ended); a holding can move between ranges without any real change in value, and stay in a range while moving materially. Yearly estimates are therefore noisy; the “strict envelope” shows the mathematical worst/best case and is typically wider than ±100%.
- Purchases and sales are only disclosed as ranges and only for transactions over $1,000; partial sales, dividend reinvestment, spousal/dependent accounts and retirement-plan funds are reported inconsistently. Excepted/blind trusts, personal residences and certain pensions are not reported at all.
- Filers sometimes change how they list assets (e.g. listing a brokerage account vs. its individual holdings), which can make positions untraceable across years; these are excluded rather than guessed.
- Asset values in an annual report are as of Dec 31 of the reporting year; the report year t−1→t covers that calendar year. Late or amended filings are used when filed; extensions can delay them.
- The text of these reports is machine-parsed from PDFs; parse errors are possible. Every number links back to the cited filing. This is not investment advice.
- Use of these filings is restricted by 5 U.S.C. § 105(c) (no unlawful, commercial or credit-rating purpose, and none for solicitation of money).
Generated 2026-10-01 by an automated pipeline. Data: Office of the Clerk, U.S. House of Representatives (disclosures-clerk.house.gov); member roster: unitedstates/congress-legislators (CC0).