HSBC Holdings plc
Research HSBC Holdings plc (HSBC) on Bullrun: valuation model: 9.3% overvalued, market cap USD 319.18B, P/E 13.3, dividend yield 4.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerHSBC
- ExchangeNYSE
- CountryUnited Kingdom
- SectorFinancial Services
- IndustryBanks-Diversified
- CurrencyUSD
- Valuation signal9.3% overvalued
- Market capUSD 319.18B
- P/E13.3
- Dividend yield4.0%
- Financial periodQ2 2026
- RevenueUSD 19.04B
- Net incomeUSD 7.91B
Valuation Snapshot
Bullrun's latest valuation model marks HSBC Holdings plc as 9.3% overvalued; latest market cap is USD 319.18B; P/E is 13.3; dividend yield is 4.0%.
Peer valuation comparison
Latest P/E is 13.32x versus a Financial Services sector median of 13.39x.
Latest dividend yield is 3.98% versus a Financial Services sector median of 3.66% (8.9% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 71.02B | USD 22.29B | USD 25.11B | n/a | 6 | USD 307.74B | USD 256.14B | USD 198.23B |
| FY2024 | USD 67.40B | USD 23.98B | USD 61.42B | n/a | 6.2 | USD 303.57B | USD 242.35B | USD 184.97B |
| FY2023 | USD 64.53B | USD 23.53B | USD 35.42B | n/a | 5.7 | USD 338.76B | USD 235.16B | USD 185.33B |
| FY2022 | USD 53.72B | USD 15.56B | USD 14.95B | n/a | 3.7 | USD 369.62B | USD 204.24B | USD 177.83B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 319.18B | 13.3 | 4.0% | 3.75 |
| 2025 | 2025-12-31 | USD 270.09B | 13.1 | 4.2% | 3.3 |
| 2024 | 2024-12-31 | USD 177.42B | 8.0 | 8.3% | 4.1 |
| 2023 | 2023-12-29 | USD 156.04B | 5.9 | 6.5% | 2.65 |
| 2022 | 2022-12-30 | USD 124.44B | 10.7 | 4.3% | 1.35 |
| 2021 | 2021-12-31 | USD 124.41B | 9.8 | 3.6% | 1.1 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.75 USD, yield 4.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3.3 USD |
| FY2024 | 4.1 USD |
| FY2023 | 2.65 USD |
| FY2022 | 1.35 USD |
About HSBC Holdings plc
HSBC Holdings plc engages in the provision of banking and financial products and services worldwide. It operates through four segments: Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking. The Hong Kong segment is involved in the retail banking and wealth and commercial banking of HSBC Hong Kong and Hang Seng Bank. The UK segment engages in UK retail banking and wealth, as well as first direct and M&S Bank, UK Commercial Banking, and HSBC Innovation Bank.
ETFs that hold HSBC Holdings plc
HSBC Holdings plc is one of the ten largest holdings of 2 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| First Trust US Momentum UCITS ETF Class A USD Acc | 2.84% | 0.60% |
| Avantis Europe Equity UCITS ETF USD Acc | 1.20% | 0.25% |
Related stock research
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Frequently asked questions
Is HSBC Holdings plc overvalued or undervalued?
Bullrun's valuation model currently marks HSBC Holdings plc as 9.3% overvalued.
What is HSBC Holdings plc's market cap?
HSBC Holdings plc's market capitalization is USD 319.18B.
What is HSBC Holdings plc's P/E ratio?
HSBC Holdings plc's price-to-earnings (P/E) ratio is 13.3.
Does HSBC Holdings plc pay a dividend?
HSBC Holdings plc has a dividend yield of 4.0%.
What does HSBC Holdings plc do?
HSBC Holdings plc engages in the provision of banking and financial products and services worldwide. It operates through four segments: Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking. The Hong Kong segment is involved in the retail banking and wealth and commercial banking of HSBC Hong Kong and Hang Seng Bank. The UK segment engages in UK retail banking and wealth, as well as first direct and M&S Bank, UK Commercial Banking, and HSBC Innovation Bank.