Hsbc Holdings (HBCYF) Tax Rate (2009 - 2026)
Hsbc Holdings (HBCYF) posted Tax Rate of 21.14% for Q1 2026, up 10.97% sequentially from 23.74% in Q4 2025, and down 96.0% YoY from 528.48% in Q1 2025.
Hsbc Holdings (HBCYF) Tax Rate (2009 - 2026) Analysis & Trends
Hsbc Holdings (HBCYF) has 18 years of Tax Rate data on file, last reported at 21.14% in Q1 2026.
- Quarterly Tax Rate fell 96.0% year-over-year to 21.14% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.97% (down 174.0% YoY) and the FY2025 annual result came in at 22.66%, up 3.0% from the prior year.
- Tax Rate rose to 21.14% in Q1 2026 per HBCYF's latest filing, from 23.74% in the prior quarter.
- The five-year high for Tax Rate was 14.94% in Q2 2022, with the low at 77.28% in Q4 2023.
- Average Tax Rate over 5 years is 20.22%, with a median of 20.18% recorded in 2025.
- Year-over-year, Tax Rate slumped 6959 bps in 2023 and soared 5310 bps in 2024.
- Hsbc Holdings' Tax Rate stood at 7.68% in 2022, then plunged by 906 bps to 77.28% in 2023, then surged by 69 bps to 24.18% in 2024, then increased by 2 bps to 23.74% in 2025, then advanced by 11 bps to 21.14% in 2026.
- Business Quant data shows HBCYF's Tax Rate at 21.14% in Q1 2026, 23.74% in Q4 2025, and 24.56% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | -21.14% |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 17.49% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 11.55% |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 33.80% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 19.15% |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 19.46% |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | 41.80% |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | -2.11% |
| 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 | -24.18% |
| Dec 31, 2024 | -24.18% |
| 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 | -77.28% |
| Dec 31, 2023 | -77.28% |