What is the current annual net margin of HSBC?

As of today, HSBC annual net margin is 15.86%

What is 1-year change in HSBC annual net margin?

HSBC annual net margin is down -1.31% year-over-year

What is 3-year change in HSBC annual net margin?

HSBC annual net margin is down -0.88% over the past 3 years

How far is HSBC annual net margin from its all-time high?

HSBC annual net margin is currently -39.81% below its historical high of 26.35% set on December 31, 1989

How does HSBC annual net margin rank versus sector peers?

HSBC annual net margin is higher than 52.05% of companies in Financial Services sector

When is HSBC next annual earnings release?

The next annual earnings release for HSBC is on February 23, 2027

What is the current quarterly net margin of HSBC?

As of today, HSBC quarterly net margin is 18.47%

What is HSBC quarterly net margin most recent change?

HSBC quarterly net margin was down -4.94% on September 1, 2026

What is 1-year change in HSBC quarterly net margin?

HSBC quarterly net margin is up +36.81% year-over-year

How far is HSBC quarterly net margin from its all-time high?

HSBC quarterly net margin is currently -50.63% below its historical high of 37.41% set on September 30, 2011

How does HSBC quarterly net margin rank versus sector peers?

HSBC quarterly net margin is higher than 54.18% of companies in Financial Services sector

When is HSBC next earnings release?

The next earnings release for HSBC is on February 23, 2027

HSBC Net Margin History & Chart Since 1980

Annual Net Margin

15.86%0.21%-1.31%

December 31, 2025

Summary

Current Value: As of today, HSBC annual net margin is 15.86%, down -1.31% on December 31, 2025
Historical Performance: HSBC annual net margin is down -0.88% over the past 3 years, up +153.35% over the past 5 years
All-Time High Comparison: HSBC annual net margin is currently -39.81% below its historical high of 26.35% set on December 31, 1989
3-Year Low Comparison: HSBC annual net margin is at its 3-year low
Sector Comparison: HSBC annual net margin is higher than 52.05% of companies in Financial Services sector

Net Margin Chart

beforeafter

Performance

HSBC Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	15.86%	-1.3%	-0.9%	+153.3%	+12.6%
Quarterly Net Margin	Sep 1, 26	18.47%	+36.8%	+18.3%	-27.6%	-50.6%
Price	Oct 28, 26	$86.37	+22.5%	+135.3%	+187.2%	+90.2%
PE Ratio	Oct 28, 26	11.32	-24.4%	+110.4%	+4.4%	+14.7%
Annual Revenue	Dec 31, 25	$138.71B	-6.9%	+47.6%	+78.6%	+37.7%
Annual Net Income	Dec 31, 25	$22.00B	-8.1%	+46.4%	+352.9%	+55.0%
Annual Gross Margin	Dec 31, 25	0.00%	0.0%	0.0%	0.0%	0.0%
Annual Operating Margin	Dec 31, 25	12.20%	-28.3%	-62.4%	+79.4%	-22.5%

Net Margin Highs

HSBC Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	17.32%	Dec 31, 23	-8.4%
5Y	18.43%	Dec 31, 21	-13.9%
All	26.35%	Dec 31, 89	-39.8%

Net Margin Lows

HSBC Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	15.86%	Dec 31, 25	at low
5Y	6.26%	N/A	+153.3%
All	-15.20%	Dec 31, 87	+204.3%

Net Margin History

Year	Value	Change
2025	15.86%	-1.3%
2024	16.07%	-7.2%
2023	17.32%	+8.3%
2022	16.00%	-13.2%
2021	18.43%	+194.4%
2020	6.26%	-20.1%
2019	7.83%	-55.0%
2018	17.41%	+15.6%
2017	15.06%	+251.9%
2016	4.28%	-75.2%
2015	17.23%	+7.8%
2014	15.99%	-14.5%
2013	18.71%	+21.7%
2012	15.37%	-8.8%
2011	16.85%	+19.6%
2010	14.09%	+124.0%
2009	6.29%	+29.2%
2008	4.87%	-66.2%
2007	14.39%	-2.1%
2006	14.70%	-14.2%
2005	17.14%	-6.2%
2004	18.27%	+9.3%

Year	Value	Change
2003	16.71%	-2.5%
2002	17.13%	+28.4%
2001	13.34%	-11.2%
2000	15.02%	-0.6%
1999	15.11%	+37.0%
1998	11.03%	-32.0%
1997	16.23%	-13.1%
1996	18.67%	+13.7%
1995	16.42%	-1.8%
1994	16.72%	+17.7%
1993	14.20%	+15.6%
1992	12.28%	-53.4%
1989	26.35%	+170.5%
1988	9.74%	+164.1%
1987	-15.20%	-6,180.0%
1986	0.25%	-95.8%
1985	6.02%	+190.1%
1984	-6.68%	-290.6%
1983	-1.71%	-311.1%
1982	0.81%	-96.1%
1981	20.75%	-10.2%
1980	23.10%	-

FAQ

What is the current annual net margin of HSBC?: As of today, HSBC annual net margin is 15.86%
What is 1-year change in HSBC annual net margin?: HSBC annual net margin is down -1.31% year-over-year
What is 3-year change in HSBC annual net margin?: HSBC annual net margin is down -0.88% over the past 3 years
How far is HSBC annual net margin from its all-time high?: HSBC annual net margin is currently -39.81% below its historical high of 26.35% set on December 31, 1989
How does HSBC annual net margin rank versus sector peers?: HSBC annual net margin is higher than 52.05% of companies in Financial Services sector
When is HSBC next annual earnings release?: The next annual earnings release for HSBC is on February 23, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

18.47%0.96%-4.94%

September 1, 2026

Summary

Current Value: As of today, HSBC quarterly net margin is 18.47%, down -4.94% on September 1, 2026
Historical Performance: HSBC quarterly net margin is up +36.81% year-over-year, up +18.32% over the past 3 years
All-Time High Comparison: HSBC quarterly net margin is currently -50.63% below its historical high of 37.41% set on September 30, 2011
3-Year Low Comparison: HSBC quarterly net margin is +6496.43% above its 3-year low of 0.28% reached on December 31, 2023
Sector Comparison: HSBC quarterly net margin is higher than 54.18% of companies in Financial Services sector

Performance

HSBC Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 1, 26	18.47%	-4.9%	+36.8%	+18.3%	-27.6%
Annual Net Margin	Dec 31, 25	15.86%	–	-1.3%	-0.9%	+153.3%
Price	Oct 28, 26	$86.37	-15.8%	+22.5%	+135.3%	+187.2%
PE Ratio	Oct 28, 26	11.32	-23.0%	-24.4%	+110.4%	+4.4%
Quarterly Revenue	Sep 1, 26	$38.46B	-3.1%	+2.6%	+3.0%	+162.0%
Quarterly Net Income	Sep 1, 26	$7.11B	-7.9%	+40.4%	+21.8%	+89.6%
Quarterly Gross Margin	Sep 1, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Quarterly Operating Margin	Sep 1, 26	23.49%	+0.2%	+29.4%	-8.6%	-27.1%

Quarterly Net Margin Highs

HSBC Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	20.43%	Mar 31, 26	-9.6%
3Y	27.17%	Mar 31, 24	-32.0%
5Y	35.96%	Mar 31, 23	-48.6%
All	37.41%	Sep 30, 11	-50.6%

Quarterly Net Margin Lows

HSBC Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	13.50%	N/A	+36.8%
3Y	0.28%	Dec 31, 23	+6496.4%
5Y	0.28%	Dec 31, 23	+6496.4%
All	-35.68%	Dec 31, 19	+151.8%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	18.47%	-4.9%
Jun 2026	19.43%	-4.9%
Mar 2026	20.43%	+1.3%
Dec 2025	20.17%	+49.4%
Sep 2025	13.50%	+6.3%
Jun 2025	12.70%	-37.5%
Mar 2025	20.33%	+1,228.8%
Dec 2024	1.53%	-89.9%
Sep 2024	15.16%	-17.0%
Jun 2024	18.26%	-32.8%
Mar 2024	27.17%	+9,603.6%
Dec 2023	0.28%	-98.2%
Sep 2023	15.61%	-23.2%
Jun 2023	20.33%	-43.5%
Mar 2023	35.96%	+86.8%
Dec 2022	19.25%	+58.6%
Sep 2022	12.14%	-54.0%
Jun 2022	26.38%	+63.0%
Mar 2022	16.18%	+44.2%
Dec 2021	11.22%	-56.0%
Sep 2021	25.52%	+3.1%
Jun 2021	24.76%	-6.3%
Mar 2021	26.42%	+470.6%
Dec 2020	4.63%	-57.2%
Sep 2020	10.83%	+253.9%
Jun 2020	3.06%	-73.8%
Mar 2020	11.66%	+132.7%
Dec 2019	-35.68%	-280.7%
Sep 2019	19.74%	-24.9%
Jun 2019	26.30%	-5.6%
Mar 2019	27.85%	+102.3%
Dec 2018	13.77%	-50.5%
Sep 2018	27.83%	-2.4%
Jun 2018	28.51%	+26.1%
Mar 2018	22.61%	+971.6%

Month	Value	Change
Dec 2017	2.11%	-90.3%
Sep 2017	21.82%	-22.6%
Jun 2017	28.20%	+24.4%
Mar 2017	22.66%	+179.2%
Dec 2016	-28.60%	>-9,900.0%
Sep 2016	0.24%	-98.5%
Jun 2016	16.29%	-38.0%
Mar 2016	26.28%	+488.2%
Dec 2015	-6.77%	-119.5%
Sep 2015	34.71%	+28.7%
Jun 2015	26.98%	-6.0%
Mar 2015	28.71%	+451.1%
Dec 2014	5.21%	-77.2%
Sep 2014	22.89%	-10.7%
Jun 2014	25.62%	-11.5%
Mar 2014	28.96%	+84.3%
Dec 2013	15.71%	-15.6%
Sep 2013	18.61%	-18.7%
Jun 2013	22.88%	-24.6%
Mar 2013	30.35%	+65.4%
Dec 2012	18.35%	+22.3%
Sep 2012	15.01%	-32.2%
Jun 2012	22.13%	+37.6%
Mar 2012	16.08%	+40.9%
Dec 2011	11.41%	-69.5%
Sep 2011	37.41%	+118.6%
Jun 2011	17.11%	-19.6%
Mar 2011	21.27%	+35.2%
Dec 2010	15.73%	-17.9%
Jun 2010	19.16%	+52.9%
Mar 2010	12.53%	-50.9%
Jun 2007	25.51%	+1.1%
Jun 2005	25.24%	-3.3%
Jun 2001	26.09%	+2.9%
Jun 1999	25.35%	-

FAQ

What is the current quarterly net margin of HSBC?: As of today, HSBC quarterly net margin is 18.47%
What is HSBC quarterly net margin most recent change?: HSBC quarterly net margin was down -4.94% on September 1, 2026
What is 1-year change in HSBC quarterly net margin?: HSBC quarterly net margin is up +36.81% year-over-year
How far is HSBC quarterly net margin from its all-time high?: HSBC quarterly net margin is currently -50.63% below its historical high of 37.41% set on September 30, 2011
How does HSBC quarterly net margin rank versus sector peers?: HSBC quarterly net margin is higher than 54.18% of companies in Financial Services sector
When is HSBC next earnings release?: The next earnings release for HSBC is on February 23, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

HSBC Official Website www.hsbc.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1089113/000108911326000010/0001089113-26-000010-index.htm
HSBC Profile on Yahoo Finance finance.yahoo.com/quote/HSBC
HSBC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/hsbc