Hsbc Holdings (HBCYF) Operating Margin (2009 - 2026)
Hsbc Holdings (HBCYF) posted Operating Margin of 46.19% for Q1 2026, up 23.24% sequentially from 37.48% in Q4 2025, and down 294.0% YoY from 23.81% in Q1 2025.
Hsbc Holdings (HBCYF) Operating Margin (2009 - 2026) Analysis & Trends
Hsbc Holdings (HBCYF) has 18 years of Operating Margin data on file, last reported at 46.19% in Q1 2026.
- Quarterly Operating Margin fell 294.0% year-over-year to 46.19% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 40.33% (down 140.0% YoY) and the FY2025 annual result came in at 41.01%, down 75913.0% from the prior year.
- Operating Margin rose to 46.19% in Q1 2026 per HBCYF's latest filing, from 37.48% in the prior quarter.
- The five-year high for Operating Margin was 60.25% in Q1 2023, with the low at 0.17% in Q3 2022.
- Average Operating Margin over 5 years is 36.27%, with a median of 39.39% recorded in 2025.
- Year-over-year, Operating Margin sank 3881 bps in 2022 and surged 6005 bps in 2023.
- Hsbc Holdings' Operating Margin stood at 29.9% in 2022, then declined by 14 bps to 25.69% in 2023, then sank by 46 bps to 13.82% in 2024, then surged by 171 bps to 37.48% in 2025, then increased by 23 bps to 46.19% in 2026.
- Business Quant data shows HBCYF's Operating Margin at 46.19% in Q1 2026, 37.48% in Q4 2025, and 37.69% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | 46.19% |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 35.36% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 30.23% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | - |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | - |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 40.28% |
| 10 | Hsbc Holdings | - | - | - | 46.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.19% |
| Dec 31, 2025 | 37.48% |
| Sep 30, 2025 | 37.69% |
| Jun 30, 2025 | 39.39% |
| Mar 31, 2025 | 49.13% |
| Dec 31, 2024 | 13.82% |
| Sep 30, 2024 | 46.29% |
| Jun 30, 2024 | 48.66% |
| Mar 31, 2024 | 57.25% |
| Dec 31, 2023 | 25.69% |
| Sep 30, 2023 | 44.07% |
| Jun 30, 2023 | 47.42% |
| Mar 31, 2023 | 60.25% |
| Dec 31, 2022 | 29.90% |
| Sep 30, 2022 | 23.00% |
| Jun 30, 2022 | 0.26% |
| Mar 31, 2022 | 0.20% |
| Dec 31, 2021 | 16.64% |
| Sep 30, 2021 | 38.98% |
| Jun 30, 2021 | 34.13% |