HSBC Holdings plc (HSBC) annual results, year to 31 December 2024: revenue USD 65,854 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 2024 it reported revenue of USD 65,854 million, down 0.3% on the year before. Its profit attributable to shareholders was USD 22,917 million, up 2.2%, and diluted earnings per share USD 1.24.
The year to 31 December 2024, against the year before
| Year to | Dec 2023 | Dec 2024 |
|---|---|---|
| Revenue | 66,058 | 65,854 |
| Selling, general and administrative | 10,383 | 10,498 |
| Operating profit | 30,541 | 29,397 |
| Profit before tax | 30,348 | 32,309 |
| Income tax | 5,789 | 7,310 |
| Profit for the year | 24,559 | 24,999 |
| Profit attributable to shareholders | 22,432 | 22,917 |
| 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 2023 | Dec 2024 |
|---|---|---|
| Cash from operations | 39,111 | 65,305 |
| Purchase of property, plant and equipment | 1,145 | 1,344 |
| Free cash flow | 37,966 | 63,961 |
| Dividends paid | 12,196 | 17,100 |
| 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 2023 | Dec 2024 |
|---|---|---|
| Total assets | 3,038,677 | 3,017,048 |
| Equity attributable to shareholders | 185,329 | 184,973 |
| Cash and cash equivalents | 490,933 | 434,940 |
| Lease liabilities | 2,813 | 2,459 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2023 | Dec 2024 |
|---|---|---|
| Operating margin | 46.2% | 44.6% |
| Net margin | 34.0% | 34.8% |
| Return on year-end equity | 12.1% | 12.4% |
| Effective tax rate | 19.1% | 22.6% |
| 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, this page
- Year to 31 December 2023
- 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 2024, 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.
The same record on your computer
GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.