Hsbc Holdings (HSBC) Tax Rate (2009 - 2026)
Hsbc Holdings (HSBC) posted Tax Rate of 21.14% for Q1 2026, up 10.97% sequentially from 23.74% in Q4 2025, and down 96.0% YoY from 528.48% in Q1 2025.
Hsbc Holdings (HSBC) Tax Rate (2009 - 2026) Analysis & Trends
Hsbc Holdings has reported Tax Rate for 18 years, with the latest figure at 21.14% in Q1 2026.
- Quarterly Tax Rate fell 96.0% year-over-year to 21.14% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.97% (down 1260.0% YoY) and the FY2025 annual result came in at 22.66%, up 3.0% from the prior year.
- Tax Rate rose to 21.14% in Q1 2026 per HSBC's latest filing, from 23.74% in the prior quarter.
- Over five years, Tax Rate peaked at 14.94% in Q2 2022 and troughed at 24.56% in Q3 2025.
- A 5-year average of 14.71% and a median of 18.77% in 2023 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 3878 bps in 2022, down 7510 bps in 2022.
- Over 5 years, Tax Rate stood at 7.68% in 2022, then declined by 9 bps to 8.35% in 2023, then surged by 106 bps to 0.52% in 2024, then slumped by 4669 bps to 23.74% in 2025, then gained by 11 bps to 21.14% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.14%, 23.74%, and 24.56% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 21.54% |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | 60.94% |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 21.90% |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 17.42% |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | 24.29% |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 24.97% |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | -7.60% |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 20.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 60.94% |
| Jun 30, 2026 | 60.94% |
| Jun 30, 2026 | 60.94% |
| Mar 31, 2026 | -21.14% |
| Mar 31, 2026 | -21.14% |
| Mar 31, 2026 | -21.14% |
| Dec 31, 2025 | -23.74% |
| Dec 31, 2025 | -23.74% |
| Dec 31, 2025 | -23.74% |
| Sep 30, 2025 | -24.56% |
| Sep 30, 2025 | -24.56% |
| Sep 30, 2025 | -24.56% |
| Jun 30, 2025 | -23.00% |
| Jun 30, 2025 | -23.00% |
| Jun 30, 2025 | -23.00% |
| Mar 31, 2025 | -20.18% |
| Mar 31, 2025 | -20.18% |
| Mar 31, 2025 | -20.18% |
| Dec 31, 2024 | 0.52% |
| Dec 31, 2024 | 0.52% |