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

Hsbc Holdings' (HSBC) quarterly Net Margin came in at 37.25% in Q1 2026, down 202.0% year-on-year from 36.52% in Q1 2025, and up 29.18% quarter-over-quarter from 28.84% in Q4 2025.

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

Hsbc Holdings has disclosed Net Margin across 18 years of filings, most recently posting 37.25% for Q1 2026.

  • Net Margin for Q1 2026 came in at 37.25%, down 202.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.54% (down 4006.0% YoY), and the FY2025 annual result was 30.91%, down 389.0% from the prior year.
  • Net Margin came in at 37.25% for Q1 2026 at Hsbc Holdings, up from 28.84% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 3241.18% in Q1 2022 to a low of 17.4% in Q3 2022.
  • The 5-year median for Net Margin is 38.99% (2024), against an average of 258.72%.
  • Across the five-year window, Net Margin soared 321130 bps in 2022 and tumbled 318998 bps in 2023, its largest moves.
  • Hsbc Holdings' Net Margin stood at 30.05% in 2022, then jumped by 600 bps to 210.41% in 2023, then increased by 2 bps to 214.74% in 2024, then slumped by 87 bps to 28.84% in 2025, then grew by 29 bps to 37.25% in 2026.
  • The last three Net Margin figures came in at 37.25% (Q1 2026), 28.84% (Q4 2025), and 27.79% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Canadian Imperial Bank Of Commerce 1,362,688,030.33 Bn 1,362,688,030.55 Bn - 29.27%
2 Hsbc Holdings 38,978.70 Bn 38,979.15 Bn - 37.25%
3 Royal Bank Of Canada 3,027.68 Bn 2,956.13 Bn - 1.42%
4 Toronto Dominion Bank 1,012.32 Bn 1,005.51 Bn - 25.63%
5 Bank Of America 408.37 Bn -198.33 Bn 29.24 Bn 26.94%
6 Barclays 379.37 Bn -269.24 Bn - -
7 Bank Of Montreal 375.83 Bn 375.83 Bn - 25.35%
8 Mitsubishi Ufj Financial 288.20 Bn -398.08 Bn 3.81 Bn -
9 Citigroup 263.31 Bn -1,921.68 Bn 19.85 Bn -0.01%
10 Wells Fargo & Company 253.70 Bn 178.62 Bn - 23.31%

Historic Data

Download Data
DateValue
Mar 31, 2026 37.25%
Dec 31, 2025 28.84%
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 17.40%
Jun 30, 2022 42.95%
Mar 31, 2022 3,241.18%
Dec 31, 2021 14.91%
Sep 30, 2021 29.50%
Jun 30, 2021 27.03%
Mar 31, 2021 29.88%