HSBC Holdings plc (HSBC)

HSBC Holdings plc engages in the provision of banking and financial products and services worldwide. It operates through four segments: Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking. The Hong Kong segment is involved in the retail banking and wealth and commercial banking of HSBC Hong Kong and Hang Seng Bank. The UK segment engages in UK retail banking and wealth, as well as first direct and M&S Bank, UK Commercial Banking, and HSBC Innovation Bank. The Corporate and Institutional Banking segment is involved in transaction banking and capital markets. The International Wealth and Premier Banking segment is involved in the business comprising premier banking outside of Hong Kong and the UK, its private bank, asset management, and insurance businesses. The company was founded in 1865 and is headquartered in London, the United Kingdom.

Symbol
HSBC
Exchange
NYSE
Sector
Financial Services
Industry
Banks - Diversified
Market cap
$344.36B
52 week range
64.65 - 107.92

Valuation

Share price
$100.25 (close of 2026-09-23)
P/E (TTM)
16.57x
Price to book
1.67x
Price to free cash flow
12.16x
Enterprise value
$167.62B
Book value per share
$59.87

Price performance

PeriodChange
1 day-2.87%
5 days-1.93%
1 month-3.74%
3 months+4.87%
6 months+25.58%
Year to date+27.43%
1 year+42.81%
3 years+153.54%
5 years+287.96%
10 years+169.42%
All time+61.54%

Profitability and growth

Return on equity
11.25%
Return on invested capital
73.38%
Return on assets
0.72%
Net income growth
-7.47%
Free cash flow growth
-55.72%

Cash flow and balance sheet

Free cash flow yield (TTM)
8.22%
Net debt to EBITDA
-6.31x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
EBITDA
$28.00B
Net income
$23.13B
Earnings per share
$6.05
Shares outstanding
3.49B

Income statement by year

Period endNet incomeEPS
2025-12-31$23.13B$6.05
2024-12-31$25.00B$6.25
2023-12-31$24.56B$5.75
2022-12-31$16.04B$3.60
2021-12-31$13.92B$3.10
2020-12-31$5.23B$0.95
2019-12-31$7.38B$1.50
2018-12-31$13.73B$3.15
2017-12-31$10.80B$2.40
2016-12-31$2.48B$0.35

Margins and returns by year

Period endReturn on equityReturn on capital
2025-12-3111.25%73.38%
2024-12-3113.00%-
2023-12-3112.75%-
2022-12-318.66%-
2021-12-317.09%-
2020-12-312.55%-
2019-12-313.83%-
2018-12-317.07%-
2017-12-315.50%-
2016-12-311.36%-

Cash and debt by year

Period endCash
2025-12-31$432.89B
2024-12-31$434.94B
2023-12-31$490.93B
2022-12-31$521.67B
2021-12-31$574.03B
2020-12-31$468.32B
2019-12-31$293.74B
2018-12-31$312.91B
2018-01-01$323.72B
2017-12-31$323.72B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$28.32B$621.00M
2024-12-31$63.96B$529.00M
2023-12-31$37.97B$482.00M
2022-12-31$18.07B$400.00M
2021-12-31$103.23B$467.00M
2020-12-31$180.77B$433.00M
2019-12-31$28.40B$478.00M
2018-12-31$31.32B$450.00M
2017-12-31$-13.58B$500.00M
2016-12-31$67.81B$534.00M

Dividend history

Most recent payment
2026-08-14
Paid in the last twelve months
$3.75
Payment dateDividend per share
2026-08-14$0.50
2026-05-15$0.50
2026-03-13$2.25
2025-11-07$0.50
2025-08-15$0.50
2025-05-09$0.50
2025-03-07$1.80
2024-11-08$0.50

Investor relations

Next earnings report

Next confirmed report
2026-10-27
Consensus EPS estimate
$2.20

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-04Jun/2026$2.24
2026-05-05--
2026-02-25--
2025-10-28--
2025-07-30--
2025-04-29--
2025-02-19--
2024-10-29--

Filings and sources

Company website
hsbc.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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