Hsbc Holdings (HSBC) Change in Taxes (2009 - 2020)
Hsbc Holdings (HSBC) posted Change in Taxes of -$1.9 billion for Q4 2020, down 105.0% sequentially from -$920.0 million in Q4 2019, and down 105.0% YoY from $37.7 billion in Q1 2020.
Hsbc Holdings (HSBC) Change in Taxes (2009 - 2020) Analysis & Trends
Hsbc Holdings has reported Change in Taxes for 11 years, with the latest figure at -$1.9 billion in Q4 2020.
- Quarterly Change in Taxes fell 105.0% year-over-year to -$1.9 billion in Q4 2020, while the trailing twelve-month figure through Dec 2020 was -$7.5 billion (up 7.6% YoY) and the FY2025 annual result came in at -$5.1 billion, up 23.49% from the prior year.
- Change in Taxes retreated to -$1.9 billion in Q4 2020 per HSBC's latest filing, from -$920.0 million in the prior quarter.
- Over five years, Change in Taxes peaked at -$920.0 million in Q4 2019 and troughed at -$2.4 billion in Q4 2017.
- A 4-year average of -$1.9 billion and a median of -$2.1 billion in 2018 frame the typical range for Change in Taxes.
- The sharpest annual moves came in 2019 and 2020: Change in Taxes soared 60.02% in 2019, then plunged 105.0% in 2020.
- Over 4 years, Change in Taxes stood at -$2.4 billion in 2017, then rose by 2.71% to -$2.3 billion in 2018, then jumped by 60.02% to -$920.0 million in 2019, then plunged by 105.0% to -$1.9 billion in 2020.
- According to Business Quant data, Change in Taxes over the past three periods registered -$1.9 billion, -$920.0 million, and -$2.3 billion for Q4 2020, Q4 2019, and Q4 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | - |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 1.98 Bn |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | - |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | - |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | - |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - | - |
| 10 | Bank of New York Mellon | 108.83 Bn | 47.61 Bn | - | 141.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | -1.89 Bn |
| Dec 31, 2020 | -1.89 Bn |
| Dec 31, 2019 | -920.00 Mn |
| Dec 31, 2019 | -920.00 Mn |
| Dec 31, 2018 | -2.30 Bn |
| Dec 31, 2018 | -2.30 Bn |
| Dec 31, 2017 | -2.37 Bn |
| Dec 31, 2017 | -2.37 Bn |
| Dec 31, 2015 | -2.50 Bn |
| Dec 31, 2015 | -2.50 Bn |
| Dec 31, 2014 | -2.22 Bn |
| Dec 31, 2014 | -2.22 Bn |
| Dec 31, 2013 | -2.57 Bn |
| Dec 31, 2013 | -2.57 Bn |
| Dec 31, 2012 | -3.28 Bn |
| Dec 31, 2012 | -3.28 Bn |
| Dec 31, 2011 | -2.39 Bn |
| Dec 31, 2011 | -2.39 Bn |
| Dec 31, 2010 | -2.05 Bn |
| Dec 31, 2010 | -2.05 Bn |