HSBC Holdings Past Earnings Performance
Past criteria checks 5/6
HSBC Holdings has been growing earnings at an average annual rate of 24.6%, while the Banks industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 2.5% per year. HSBC Holdings's return on equity is 12.8%, and it has net margins of 39.8%.
Key information
24.6%
Earnings growth rate
25.2%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 2.5% |
| Return on equity | 12.8% |
| Net Margin | 39.8% |
| Next Earnings Update | 30 Apr 2024 |
Recent past performance updates
Recent updates
We Look Past A Poor Quarter From HSBC Holdings
Mar 08HSBC: The Undervalued Gem Of The Financial Sector
Feb 01A Fresh Take On HSBC Heading Into 2024: The Big Bank Continues To Make For An Attractive Investment Case
Dec 15Is HSBC A Good Choice For Dividend Investors?
Nov 21HSBC: ~10% Yield May Be The New Normal
Oct 30HSBC Holdings: Take Profits Despite Its 8% Dividend Yield
Oct 18HSBC: A Hold Rating Due To A Major Risk
Aug 30Revenue & Expenses BreakdownBeta
How HSBC Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 56,353 | 22,432 | 30,243 | 0 |
| 30 Sep 23 | 67,236 | 27,439 | 31,925 | 0 |
| 30 Jun 23 | 62,586 | 23,822 | 25,263 | 0 |
| 31 Mar 23 | 54,945 | 22,394 | 31,614 | 0 |
| 31 Dec 22 | 46,358 | 14,346 | 31,000 | 0 |
| 30 Sep 22 | 45,437 | 11,756 | 32,126 | 0 |
| 30 Jun 22 | 47,668 | 13,297 | 31,455 | 0 |
| 31 Mar 22 | 48,725 | 11,482 | 32,595 | 0 |
| 01 Jan 22 | 49,904 | 12,607 | 32,595 | 0 |
| 30 Sep 21 | 49,524 | 11,381 | 32,615 | 0 |
| 30 Jun 21 | 47,995 | 9,197 | 33,676 | 0 |
| 31 Mar 21 | 44,373 | 5,993 | 31,872 | 0 |
| 31 Dec 20 | 41,612 | 3,898 | 31,872 | 0 |
| 30 Sep 20 | 43,667 | -2,173 | 46,927 | 0 |
| 30 Jun 20 | 44,997 | -561 | 31,934 | 0 |
| 31 Mar 20 | 50,159 | 3,620 | 33,930 | 0 |
| 31 Dec 19 | 53,342 | 5,969 | 33,930 | 0 |
| 30 Sep 19 | 52,646 | 13,015 | 33,845 | 0 |
| 30 Jun 19 | 53,465 | 13,943 | 50,482 | 0 |
| 31 Mar 19 | 52,416 | 13,656 | 33,845 | 0 |
| 31 Dec 18 | 52,013 | 12,608 | 33,845 | 0 |
| 30 Sep 18 | 51,766 | 10,797 | 34,188 | 0 |
| 30 Jun 18 | 51,005 | 9,856 | 34,188 | 0 |
| 31 Mar 18 | 50,411 | 9,639 | 34,188 | 0 |
| 31 Dec 17 | 49,676 | 9,683 | 34,188 | 0 |
| 30 Sep 17 | 46,545 | 5,517 | 35,791 | 0 |
| 30 Jun 17 | 42,961 | 1,942 | 35,791 | 0 |
| 31 Mar 17 | 43,504 | 541 | 35,791 | 0 |
| 31 Dec 16 | 44,562 | 1,299 | 35,791 | 0 |
| 30 Sep 16 | 46,117 | 3,464 | 38,831 | 0 |
| 30 Jun 16 | 51,618 | 9,310 | 38,831 | 0 |
| 31 Mar 16 | 54,511 | 11,201 | 38,831 | 0 |
| 31 Dec 15 | 56,018 | 12,572 | 38,831 | 0 |
| 30 Sep 15 | 58,887 | 14,785 | 40,313 | 0 |
| 30 Jun 15 | 59,455 | 12,987 | 40,313 | 0 |
| 31 Mar 15 | 57,513 | 13,163 | 40,313 | 0 |
| 31 Dec 14 | 57,277 | 13,115 | 40,313 | 0 |
| 30 Sep 14 | 57,805 | 15,324 | 37,625 | 0 |
| 30 Jun 14 | 56,275 | 15,093 | 37,625 | 0 |
| 31 Mar 14 | 56,245 | 14,489 | 37,625 | 0 |
| 31 Dec 13 | 58,683 | 15,631 | 37,625 | 0 |
| 30 Sep 13 | 56,931 | 16,002 | 41,958 | 0 |
| 30 Jun 13 | 56,089 | 15,300 | 41,958 | 0 |
Quality Earnings: HSBC has high quality earnings.
Growing Profit Margin: HSBC's current net profit margins (39.8%) are higher than last year (30.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HSBC's earnings have grown significantly by 24.6% per year over the past 5 years.
Accelerating Growth: HSBC's earnings growth over the past year (56.4%) exceeds its 5-year average (24.6% per year).
Earnings vs Industry: HSBC earnings growth over the past year (56.4%) exceeded the Banks industry -12.2%.
Return on Equity
High ROE: HSBC's Return on Equity (12.8%) is considered low.