Hsbc Holdings (HBCYF) Tax Rate (2009 - 2026)
Hsbc Holdings' (HBCYF) quarterly Tax Rate came in at 21.14% in Q1 2026, down 96.0% year-on-year from 528.48% in Q1 2025, and up 10.97% quarter-over-quarter from 23.74% in Q4 2025.
Hsbc Holdings (HBCYF) Tax Rate (2009 - 2026) Analysis & Trends
Hsbc Holdings has disclosed Tax Rate across 18 years of filings, most recently posting 21.14% for Q1 2026.
- Tax Rate for Q1 2026 came in at 21.14%, down 96.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.97% (up 523.0% YoY), and the FY2025 annual result was 22.66%, up 3.0% from the prior year.
- Tax Rate came in at 21.14% for Q1 2026 at Hsbc Holdings, up from 23.74% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 292.23% in Q4 2024 to a low of 24.56% in Q3 2025.
- The 5-year median for Tax Rate is 19.22% (2023), against an average of 4.55%.
- Across the five-year window, Tax Rate jumped 24554 bps in 2024 and plunged 31597 bps in 2025, its largest moves.
- Hsbc Holdings' Tax Rate stood at 7.68% in 2022, then surged by 708 bps to 46.69% in 2023, then soared by 526 bps to 292.23% in 2024, then slumped by 108 bps to 23.74% in 2025, then increased by 11 bps to 21.14% in 2026.
- The last three Tax Rate figures came in at 21.14% (Q1 2026), 23.74% (Q4 2025), and 24.56% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,386,393,358.39 Bn | 1,386,393,358.61 Bn | - | 23.02% |
| 2 | Hsbc Holdings | 37,974.20 Bn | 37,974.65 Bn | - | -21.14% |
| 3 | Royal Bank Of Canada | 2,996.75 Bn | 2,925.20 Bn | - | 21.90% |
| 4 | Toronto Dominion Bank | 994.93 Bn | 988.13 Bn | - | - |
| 5 | Bank Of Montreal | 413.07 Bn | 413.07 Bn | - | 25.14% |
| 6 | Bank Of America | 406.09 Bn | -200.61 Bn | 29.24 Bn | 17.49% |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | -22.67% |
| 8 | Mitsubishi Ufj Financial | 275.02 Bn | -411.26 Bn | 3.81 Bn | 26.08% |
| 9 | Wells Fargo & Company | 257.70 Bn | 182.63 Bn | - | 11.55% |
| 10 | Hsbc Holdings | - | - | - | -21.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -21.14% |
| Mar 31, 2026 | -21.14% |
| Dec 31, 2025 | -23.74% |
| Dec 31, 2025 | -23.74% |
| Sep 30, 2025 | -24.56% |
| Sep 30, 2025 | -24.56% |
| Jun 30, 2025 | -23.00% |
| Jun 30, 2025 | -23.00% |
| Mar 31, 2025 | -20.18% |
| Mar 31, 2025 | -20.18% |
| Dec 31, 2024 | 292.23% |
| Dec 31, 2024 | 292.23% |
| Sep 30, 2024 | -20.38% |
| Sep 30, 2024 | -20.38% |
| Jun 30, 2024 | -23.33% |
| Jun 30, 2024 | -23.33% |
| Mar 31, 2024 | -14.33% |
| Mar 31, 2024 | -14.33% |
| Dec 31, 2023 | 46.69% |
| Dec 31, 2023 | 46.69% |