HSBC Holdings plc HSBC NYSE

HSBC Holdings plc (HSBC) generated $10.84B in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $1.45B, free cash flow was $9.39B.

Free cash flow margin was 20.1% of revenue. Cash conversion ratio was 2.84x, indicating earnings are backed by cash.

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

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (79/100, Pass) — $9.39B (20.1% margin) supports a durable competitive advantage
• INCOME (70/100) — Cash conversion ratio was 2.84x confirms earnings are backed by real cash flow

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