Hsbc Holdings (HSBC) Rent Expense (2009 - 2021)
Hsbc Holdings' (HSBC) quarterly Rent Expense came in at $51.9 million in Q3 2021, down 37.0% year-over-year from $82.4 million in Q3 2020, and down 24.6% quarter-over-quarter from $68.9 million in Q2 2021.
Analysis
Hsbc Holdings (HSBC) Rent Expense (2009 - 2021) Analysis & Trends
Hsbc Holdings has disclosed Rent Expense across 11 years of filings, most recently posting $51.9 million for Q3 2021.
- In Q3 2021, Rent Expense fell 37.0% year-over-year to $51.9 million; the TTM figure through Sep 2021 stood at $1.4 billion (down 28.77% YoY), while the FY2023 annual figure was -$4.1 billion, up 0.61% from the prior year.
- Rent Expense came in at $51.9 million for Q3 2021 at Hsbc Holdings, down from $68.9 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $1.2 billion in Q4 2019 to a low of $51.9 million in Q3 2021.
- Average Rent Expense over 5 years is $417.2 million, with a median of $210.0 million recorded in 2018.
- Year-over-year, Rent Expense sank 62.79% in 2017 and jumped 481.41% in 2019.
- Over 5 years, Rent Expense stood at $486.2 million in 2017, then slumped by 56.81% to $210.0 million in 2018, then soared by 481.41% to $1.2 billion in 2019, then sank by 93.25% to $82.4 million in 2020, then tumbled by 37.0% to $51.9 million in 2021.
- Per Business Quant data, the three most recent Rent Expense figures were $51.9 million in Q3 2021, $68.9 million in Q2 2021, and $82.4 million in Q3 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 618.78 Bn | 602.80 Bn | 5.90 Bn | - |
| 2 | Hsbc Holdings | 362.62 Bn | 362.62 Bn | - | - |
| 3 | General Electric | 329.79 Bn | 320.45 Bn | 6.95 Bn | - |
| 4 | Astrazeneca | 253.78 Bn | 248.49 Bn | 12.86 Bn | - |
| 5 | Citigroup | 228.38 Bn | -2,073.93 Bn | 24.75 Bn | 618.00 Mn |
| 6 | Bhp | 216.07 Bn | 197.52 Bn | - | - |
| 7 | Rio Tinto | 203.71 Bn | 199.33 Bn | - | - |
| 8 | Diageo | 197.09 Bn | 195.06 Bn | - | - |
| 9 | Unilever | 139.31 Bn | 132.28 Bn | - | - |
| 10 | Hdfc Bank | 117.84 Bn | 80.69 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 51.95 Mn |
| Jun 30, 2021 | 68.89 Mn |
| Sep 30, 2020 | 82.45 Mn |
| Dec 31, 2019 | 1.22 Bn |
| Dec 31, 2018 | 209.98 Mn |
| Dec 31, 2017 | 486.21 Mn |
| Sep 30, 2017 | 770.00 Mn |
| Jun 30, 2017 | 719.00 Mn |
| Mar 31, 2017 | 145.10 Mn |
| Dec 31, 2016 | 1.21 Bn |
| Sep 30, 2016 | 1.47 Bn |
| Mar 31, 2016 | 390.00 Mn |
| Dec 31, 2015 | 767.35 Mn |
| Sep 30, 2015 | 1.09 Bn |
| Mar 31, 2015 | 576.00 Mn |
| Sep 30, 2014 | 1.70 Bn |
| Sep 30, 2011 | 14.00 Mn |
| Mar 31, 2011 | 24.00 Mn |
| Dec 31, 2010 | 53.00 Mn |
| Sep 30, 2010 | 18.00 Mn |