HSBC Holdings plc (HSBC) annual results, year to 31 December 2023: revenue USD 66,058 million, from the 20-F
HSBC Holdings plc files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2023 it reported revenue of USD 66,058 million, up 30.5% on the year before. Its profit attributable to shareholders was USD 22,432 million, up 39.9%, and diluted earnings per share USD 1.14.
The year to 31 December 2023, against the year before
| Year to | Dec 2022 † | Dec 2023 |
|---|---|---|
| Revenue | 50,620 | 66,058 |
| Selling, general and administrative | 10,848 | 10,383 |
| Operating profit | 14,335 | 30,541 |
| Profit before tax | 17,058 | 30,348 |
| Income tax | 809 | 5,789 |
| Profit for the year | 16,249 | 24,559 |
| Profit attributable to shareholders | 16,035 | 22,432 |
| Filing | 20-F | 20-F |
USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.
USD per ordinary share, as filed.
Cash flow
| Year to | Dec 2022 † | Dec 2023 |
|---|---|---|
| Cash from operations | 19,355 | 39,111 |
| Purchase of property, plant and equipment | 1,284 | 1,145 |
| Free cash flow | 18,071 | 37,966 |
| Dividends paid | 6,970 | 12,196 |
| Filing | 20-F | 20-F |
USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet at year end
| Year to | Dec 2022 † | Dec 2023 |
|---|---|---|
| Total assets | 2,949,286 | 3,038,677 |
| Equity attributable to shareholders | 177,833 | 185,329 |
| Cash and cash equivalents | 521,671 | 490,933 |
| Lease liabilities | 2,767 | 2,813 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2022 † | Dec 2023 |
|---|---|---|
| Operating margin | 28.3% | 46.2% |
| Net margin | 31.7% | 34.0% |
| Return on year-end equity | 9.0% | 12.1% |
| Effective tax rate | 4.7% | 19.1% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
Every annual report here
- Year to 31 December 2025
- Year to 31 December 2024
- Year to 31 December 2023, this page
- Year to 31 December 2022
- Year to 31 December 2021
- Year to 31 December 2020
- Year to 31 December 2019
- Year to 31 December 2018
- Year to 31 December 2017
- Year to 31 December 2016
- Year to 31 December 2015
Source
20-F for the year to 31 December 2023, filed 26 February 2026, accession 0001089113-26-000010: the filing on EDGAR. All of HSBC Holdings plc's filings: EDGAR company page. The figures are in US dollars as filed.
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