HSBC Holdings plc (HSBC) Earnings History
Annual and quarterly earnings data from 1992 to 2024
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 47.0% | 22.5% | 16.7% |
| 2023 | 49.8% | 23.4% | 18.2% |
| 2022 | 70.5% | 22.4% | 20.4% |
| 2021 | 86.9% | 25.6% | 18.8% |
| 2020 | 81.7% | 11.3% | 6.8% |
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HSBC Holdings plc (HSBC) Earnings Overview
As of March 2, 2026, HSBC Holdings plc (HSBC) reported trailing twelve-month net income of $17.69B, reflecting +0.1% year-over-year growth. The company earned $5.11 per diluted share over the past four quarters, with a net profit margin of 0.2%.
Looking at the long-term picture, HSBC's 5-year EPS compound annual growth rate (CAGR) stands at +32.8%, indicating exceptional earnings growth. The company achieved its highest annual net income of $23.98B in fiscal 2024, representing a new all-time high.
HSBC Holdings plc maintains positive profitability with a gross margin of 0.5%, operating margin of 0.2%, and net margin of 0.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including SAN ($13.60B net income, 0.1% margin), BBVA ($10.41B net income, 0.3% margin), BCS ($7.17B net income, 0.3% margin), HSBC has outperformed on profitability metrics. Compare HSBC vs SAN →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
33 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $23.98B | +1.9% | $32.31B | $6.20 | 16.7% | 22.5% |
| 2023 | $23.53B | +51.3% | $30.35B | $5.70 | 18.2% | 23.4% |
| 2022 | $15.56B | +11.8% | $17.06B | $3.60 | 20.4% | 22.4% |
| 2021 | $13.92B | +166.2% | $18.91B | $3.10 | 18.8% | 25.6% |
| 2020 | $5.23B | -29.2% | $8.78B | $0.95 | 6.8% | 11.3% |
| 2019 | $7.38B | -46.2% | $13.35B | $1.50 | 7.8% | 14.1% |
| 2018 | $13.73B | +27.1% | $19.89B | $3.15 | 16.6% | 24.0% |
| 2017 | $10.80B | +335.6% | $17.17B | $2.40 | 14.1% | 22.4% |
| 2016 | $2.48B | -81.7% | $7.11B | $0.35 | 3.3% | 9.5% |
| 2015 | $13.52B | -1.2% | $18.87B | $3.20 | 15.5% | 21.6% |
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Start ComparisonFrequently Asked Questions
Is HSBC growing earnings?
HSBC EPS of $5.11 reflects slowing growth at +0.1%, below the 5-year CAGR of +32.8%. TTM net income is $17.7B. Expansion rate has moderated.
What are HSBC's profit margins?
HSBC Holdings plc net margin is +0.2%, with operating margin at +0.2%. Below-average margins reflect competitive or cost pressures.
How consistent are HSBC's earnings?
HSBC earnings data spans 1992-2024. The current earnings trend is +0.1% YoY. Historical data enables comparison across business cycles.