HSBC (HSBC Holdings) Pre-Tax Income: $33,619 Mil (TTM As of Jun. 2026)

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HSBC HSBC Holdings PLC HSBC
58 GF Score
Price $106.46
GF Value $63.87
Valuation Significantly Overvalued
! 6 Warning Signs
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What is HSBC Holdings Pre-Tax Income?

HSBC Holdings HSBC +1.45% 58 Pre-Tax Income is $33,619 Mil as of Jun. 2026. GuruFocus rates HSBC with a GF Score™ of 58/100 and a GF Value™ of $63.87 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. HSBC Holdings's pretax income for the three months ended in Jun. 2026 was $10,146 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $33,619 Mil. HSBC Holdings's pretax margin was 53.28%.

During the past 13 years, HSBC Holdings's highest Pretax Margin was 47.94%. The lowest was 11.48%. And the median was 30.35%.


HSBC Holdings  (NYSE:HSBC) Pre-Tax Income Explanation

HSBC Holdings's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=10146/19043
=53.28%

During the past 13 years, HSBC Holdings's highest Pretax Margin was 47.94%. The lowest was 11.48%. And the median was 30.35%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HSBC Holdings Pre-Tax Income Related Terms


HSBC Holdings Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for HSBC Holdings's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HSBC Holdings Pre-Tax Income Chart

HSBC Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,906.00 17,058.00 30,348.00 32,309.00 29,907.00

HSBC Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,326.00 7,295.00 6,802.00 9,376.00 10,146.00

HSBC vs JPM, BAC, WFC: Pre-Tax Income Comparison

For the Banks - Diversified subindustry, HSBC Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HSBC Holdings Pre-Tax Income vs Banks Industry

For the Banks industry and Financial Services sector, HSBC Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where HSBC Holdings's Pre-Tax Income falls into.


HSBC
58GF Score
HSBC Holdings PLC HSBC
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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HSBC Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

HSBC Holdings's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+29907
=29,907

HSBC Holdings's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Other
=0+10146
=10,146

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $33,619 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $33,619 Mil mean?
HSBC Holdings (HSBC) has a Pre-Tax Income of $33,619 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on HSBC Holdings and its competitors.
Is HSBC Holdings' Pre-Tax Income too high?
HSBC Holdings' current Pre-Tax Income is $33,619 Mil. Overall, HSBC Holdings has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HSBC Holdings' Pre-Tax Income compare to JPM and BAC?
HSBC Holdings' Pre-Tax Income of $33,619 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Banks company?
A good Pre-Tax Income depends on the Banks industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on HSBC Holdings and its competitors. HSBC Holdings's current Pre-Tax Income is $33,619 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HSBC Holdings stock overvalued right now?
Based on GuruFocus' analysis, HSBC Holdings (HSBC) is currently considered Significantly Overvalued. The stock's GF Value™ is $63.87, compared to a current price of $106.46 — trading 66.7% above its estimated fair value. The current Pre-Tax Income is $33,619 Mil. HSBC Holdings' overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For HSBC Holdings (HSBC), the current Pre-Tax Income is $33,619 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HSBC Holdings (HSBC) Overvalued in 2026?

Based on GuruFocus' analysis, HSBC Holdings stock appears to be overvalued. The current stock price of $106.46 is trading 66.7% above its estimated GF Value™ of $63.87. GuruFocus considers HSBC Holdings to be Significantly Overvalued.

Key valuation signals for HSBC:

  • Pre-Tax Income: $33,619 Mil
  • GF Value™: $63.87 vs. price of $106.46 (66.7% above fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the HSBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HSBC Holdings Business Description

Address 8 Canada Square, London, GBR, E14 5HQ
Established in 1865 in Hong Kong, London-based HSBC is one of the largest banks in the world, with assets of USD 3 trillion and over 40 million customers worldwide. It operates in more than 50 countries with over 200,000 full-time staff. Hong Kong and the United Kingdom are its two largest markets. The bank offers retail, commercial and institutional banking, global banking and markets, wealth management, and private banking.
58GF Score

Get the complete analysis for HSBC

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$106.46
Price
$63.87
GF Value