Hsbc Holdings HSBC
NYSE HSBC
$104.15 +1.82 (+1.78%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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