Hsbc Holdings HSBC
NYSE HSBC
$104.10 +1.76 (+1.72%)
As of: Aug 21, 2026 · 2:42 PM EDT

Hsbc Holdings (HSBC) Net Margin (2009 - 2026)

Hsbc Holdings (HSBC) posted Net Margin of 37.25% for Q1 2026, up 29.18% sequentially from 28.84% in Q4 2025, and down 202.0% YoY from 36.52% in Q1 2025.

Hsbc Holdings (HSBC) Net Margin (2009 - 2026) Analysis & Trends

Hsbc Holdings has reported Net Margin for 18 years, with the latest figure at 37.25% in Q1 2026.

  • Quarterly Net Margin fell 202.0% year-over-year to 37.25% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 30.48% (down 4012.0% YoY) and the FY2025 annual result came in at 0.0%, changed 0.0% from the prior year.
  • Net Margin grew to 37.25% in Q1 2026 per HSBC's latest filing, from 28.84% in the prior quarter.
  • Over five years, Net Margin peaked at 214.74% in Q4 2024 and troughed at 0.13% in Q3 2022.
  • A 5-year average of 50.94% and a median of 36.09% in 2024 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2023 and 2025: Net Margin soared 18035 bps in 2023, then sank 18591 bps in 2025.
  • Over 5 years, Net Margin stood at 30.05% in 2022, then soared by 600 bps to 210.41% in 2023, then gained by 2 bps to 214.74% in 2024, then slumped by 87 bps to 28.84% in 2025, then rose by 29 bps to 37.25% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 37.25%, 28.84%, and 27.39% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Bank Of America 442.27 Bn -146.23 Bn 30.39 Bn 27.72%
2 Hsbc Holdings 356.96 Bn 356.96 Bn - -
3 Royal Bank Of Canada 287.52 Bn 88.60 Bn - 32.20%
4 Wells Fargo & Company 255.12 Bn 51.15 Bn - 27.23%
5 Mitsubishi Ufj Financial 251.65 Bn -141.97 Bn 10.89 Bn -22.10%
6 Citigroup 223.88 Bn -2,078.43 Bn 24.75 Bn 24.32%
7 Banco Santander 209.76 Bn 30.11 Bn - 352.18%
8 Toronto Dominion Bank 194.97 Bn 20.47 Bn - 25.63%
9 UBS Group AG 167.46 Bn -48.25 Bn - -
10 Bank of New York Mellon 109.09 Bn 47.87 Bn - 29.93%

Historic Data

Download Data
DateValue
Jun 30, 2026 40.21%
Mar 31, 2026 37.25%
Dec 31, 2025 28.84%
Sep 30, 2025 27.39%
Jun 30, 2025 27.79%
Mar 31, 2025 39.28%
Dec 31, 2024 214.74%
Sep 30, 2024 36.09%
Jun 30, 2024 38.71%
Mar 31, 2024 49.07%
Dec 31, 2023 210.41%
Sep 30, 2023 34.77%
Jun 30, 2023 39.74%
Mar 31, 2023 51.20%
Dec 31, 2022 30.05%
Sep 30, 2022 0.13%
Jun 30, 2022 0.33%
Mar 31, 2022 0.16%
Dec 31, 2021 0.10%
Sep 30, 2021 0.21%