HSBC Holdings plc HSBC NYSE

HSBC Holdings plc (HSBC) generated $10.84B in operating cash flow for fiscal year 2025. After capital expenditures of $1.45B, free cash flow was $9.39B.

Free cash flow margin was 6.3% of revenue. Cash conversion ratio was 0.51x, suggesting some earnings are non-cash.

The company returned $13.51B in dividends and $3.58B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (79/100, Pass) — $9.39B (6.3% FCF margin) supports a durable competitive advantage
• INCOME (70/100) — Cash conversion ratio was 0.51x suggests some earnings are non-cash items

Overall SharesGrow Score: 65/100 with 5/7 criteria passed.