Hsbc Holdings HSBC
NYSE HSBC
$102.36 +0.04 (+0.04%)
At close: Aug 20, 2026 · 4:00 PM EDT

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.

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
DateValue
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%