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HSBC Holdings (XBUL:HBC1) Pretax Margin % : 50.08% (As of Sep. 2024)


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What is HSBC Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HSBC Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was лв15,795 Mil. HSBC Holdings's Revenue for the three months ended in Sep. 2024 was лв31,542 Mil. Therefore, HSBC Holdings's pretax margin for the quarter that ended in Sep. 2024 was 50.08%.

The historical rank and industry rank for HSBC Holdings's Pretax Margin % or its related term are showing as below:

XBUL:HBC1' s Pretax Margin % Range Over the Past 10 Years
Min: 11.48   Med: 26.49   Max: 48.16
Current: 45.43


XBUL:HBC1's Pretax Margin % is ranked better than
77.69% of 1533 companies
in the Banks industry
Industry Median: 31.73 vs XBUL:HBC1: 45.43

HSBC Holdings Pretax Margin % Historical Data

The historical data trend for HSBC Holdings's Pretax Margin % 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.

* Premium members only.

HSBC Holdings Pretax Margin % Chart

HSBC Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.96 13.87 29.43 30.45 48.16

HSBC Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % 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 48.67 7.18 72.97 43.93 50.08

Competitive Comparison of HSBC Holdings's Pretax Margin %

For the Banks - Diversified subindustry, HSBC Holdings's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, HSBC Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where HSBC Holdings's Pretax Margin % falls into.



HSBC Holdings Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

HSBC Holdings's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=56553.407/117435.717
=48.16 %

HSBC Holdings's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=15795.001/31541.55
=50.08 %

* 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  (XBUL:HBC1) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


HSBC Holdings Pretax Margin % Related Terms

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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 40 million customers worldwide. It operates in around 60 countries with around 220,000 full-time staff. The United Kingdom and Hong Kong are its two largest markets. The bank offers retail, commercial and institutional banking, global banking and markets, wealth management, and private banking.

HSBC Holdings Headlines

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