HSBC Holdings plc

LSE:HSBA Stock Report

Market Cap: UK£134.2b

HSBC Holdings Past Earnings Performance

Past criteria checks 2/6

HSBC Holdings has been growing earnings at an average annual rate of 35.1%, while the Banks industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 4.7% per year. HSBC Holdings's return on equity is 12.3%, and it has net margins of 38.9%.

Key information

35.1%

Earnings growth rate

36.3%

EPS growth rate

Banks Industry Growth21.2%
Revenue growth rate4.7%
Return on equity12.3%
Net Margin38.9%
Next Earnings Update19 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How HSBC Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:HSBA Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2457,97022,56730,5560
30 Jun 2458,55522,05230,7890
31 Mar 2456,64622,28830,2430
31 Dec 2356,35322,43230,2430
30 Sep 2363,08126,96331,3110
30 Jun 2358,43123,34624,6490
31 Mar 2354,43121,91831,0000
31 Dec 2246,35814,34631,0000
30 Sep 2245,43711,75632,1260
30 Jun 2247,66813,29731,4550
31 Mar 2248,72511,48232,5950
01 Jan 2249,90412,60732,5950
30 Sep 2149,52411,38132,6150
30 Jun 2147,9959,19733,6760
31 Mar 2144,3735,99331,8720
31 Dec 2041,6123,89831,8720
30 Sep 2043,667-2,17346,9270
30 Jun 2044,997-56131,9340
31 Mar 2050,1593,62033,9300
31 Dec 1953,3425,96933,9300
30 Sep 1952,64613,01533,8450
30 Jun 1953,46513,94350,4820
31 Mar 1952,41613,65633,8450
31 Dec 1852,01312,60833,8450
30 Sep 1851,76610,79734,1880
30 Jun 1851,0059,85634,1880
31 Mar 1850,4119,63934,1880
31 Dec 1749,6769,68334,1880
30 Sep 1746,5455,51735,7910
30 Jun 1742,9611,94235,7910
31 Mar 1743,50454135,7910
31 Dec 1644,5621,29935,7910
30 Sep 1646,1173,46438,8310
30 Jun 1651,6189,31038,8310
31 Mar 1654,51111,20138,8310
31 Dec 1556,01812,57238,8310
30 Sep 1558,88714,78540,3130
30 Jun 1559,45512,98740,3130
31 Mar 1557,51313,16340,3130
31 Dec 1457,27713,11540,3130
30 Sep 1457,80515,32437,6250
30 Jun 1456,27515,09337,6250
31 Mar 1456,24514,48937,6250
31 Dec 1358,68315,63137,6250

Quality Earnings: HSBA has high quality earnings.

Growing Profit Margin: HSBA's current net profit margins (38.9%) are lower than last year (42.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HSBA's earnings have grown significantly by 35.1% per year over the past 5 years.

Accelerating Growth: HSBA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HSBA had negative earnings growth (-16.3%) over the past year, making it difficult to compare to the Banks industry average (10.1%).

Return on Equity

High ROE: HSBA's Return on Equity (12.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 13:38
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HSBC Holdings plc is covered by 74 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David GrinsztajnAlphaValue
Jesús Gómez DominguezBanco Santander
Neil SmithBankhaus Lampe KG