HSBC (HSBC) vs. Royal Bank of Canada (RY)
This page compares HSBC (HSBC) with Royal Bank of Canada (RY) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.
Company Profile
HSBC (HSBC) and Royal Bank of Canada (RY) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
Royal Bank of Canada (RY) trades as a standard ordinary-equity line, while HSBC (HSBC) is an ADR tied to a foreign-share or depositary-receipt structure — compare with FX exposure, program fees, and dividend-withholding-tax differences in mind.
| Symbol | HSBC | RY |
|---|---|---|
| Company Name | HSBC Holdings plc | Royal Bank of Canada |
| Country/Region | United Kingdom | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 303.42 billion USD | 255.20 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 16, 1999 | October 16, 1995 |
| Security Type | ADR | Common Stock |
Historical Performance
HSBC (HSBC) has an aggressive beta of 1.68, indicating higher sensitivity to broad-market moves, while Royal Bank of Canada (RY) is defensive at 0.63 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
Historical Performance at a Glance
| Symbol | HSBC | RY |
|---|---|---|
| 5-Day Price Return | -0.91% | 1.06% |
| 13-Week Price Return | 7.12% | 9.33% |
| 26-Week Price Return | 20.68% | 22.11% |
| 52-Week Price Return | 49.99% | 43.61% |
| Month-to-Date Return | -1.65% | 3.36% |
| Year-to-Date Return | 13.03% | 7.92% |
| 10-Day Avg. Volume | 15.76M | 3.89M |
| 3-Month Avg. Volume | 14.96M | 3.80M |
| 3-Month Volatility | 37.78% | 16.00% |
| Beta | 1.68 | 0.63 |
Profitability
Return on Equity (TTM)
Royal Bank of Canada (RY) at 15.37% ranks in the top quartile for Return on Equity (TTM), ahead of HSBC (HSBC) at 8.99%, which sits closer to the industry mid-range.
HSBC
Banks industry group
8.99%
- Max
- 19.43%
- Q3
- 13.59%
- Median
- 10.42%
- Q1
- 8.86%
- Min
- 4.22%
RY
Banks industry group
15.37%
- Max
- 19.43%
- Q3
- 13.59%
- Median
- 10.42%
- Q1
- 8.86%
- Min
- 4.22%
Net Profit Margin (TTM)
HSBC (HSBC) at 34.16% ranks in the top quartile for Net Profit Margin (TTM), ahead of Royal Bank of Canada (RY) at 26.26%, which sits closer to the industry mid-range.
HSBC
Banks industry group
34.16%
- Max
- 45.10%
- Q3
- 33.38%
- Median
- 28.75%
- Q1
- 23.67%
- Min
- 9.48%
RY
Banks industry group
26.26%
- Max
- 45.10%
- Q3
- 33.38%
- Median
- 28.75%
- Q1
- 23.67%
- Min
- 9.48%
Operating Profit Margin (TTM)
Operating Profit Margin (TTM) isn’t a meaningful figure for either HSBC (HSBC) in Banks or Royal Bank of Canada (RY) in Banks under our convention.
HSBC
Banks industry group
40.44%
- Max
- 59.75%
- Q3
- 42.28%
- Median
- 36.16%
- Q1
- 30.13%
- Min
- 12.28%
RY
Banks industry group
34.59%
- Max
- 59.75%
- Q3
- 42.28%
- Median
- 36.16%
- Q1
- 30.13%
- Min
- 12.28%
Profitability at a Glance
| Symbol | HSBC | RY |
|---|---|---|
| Return on Equity (TTM) | 8.99% | 15.37% |
| Return on Assets (TTM) | 0.54% | 0.92% |
| Net Profit Margin (TTM) | 34.16% | 26.26% |
| Operating Profit Margin (TTM) | 40.44% | 34.59% |
| Gross Profit Margin (TTM) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Current Ratio (MRQ) isn’t a meaningful figure for either HSBC (HSBC) in Banks or Royal Bank of Canada (RY) in Banks under our convention.
HSBC
Banks industry group
--
- Max
- 0.20
- Q3
- 0.16
- Median
- 0.13
- Q1
- 0.09
- Min
- 0.06
RY
Banks industry group
--
- Max
- 0.20
- Q3
- 0.16
- Median
- 0.13
- Q1
- 0.09
- Min
- 0.06
Debt-to-Equity Ratio (MRQ)
Debt-to-Equity Ratio (MRQ) isn’t a meaningful figure for either HSBC (HSBC) in Banks or Royal Bank of Canada (RY) in Banks under our convention.
HSBC
Banks industry group
1.62
- Max
- 2.32
- Q3
- 0.99
- Median
- 0.21
- Q1
- 0.10
- Min
- 0.00
RY
Banks industry group
2.49
- Max
- 2.32
- Q3
- 0.99
- Median
- 0.21
- Q1
- 0.10
- Min
- 0.00
Interest Coverage Ratio (TTM)
Interest Coverage Ratio (TTM) isn’t a meaningful figure for either HSBC (HSBC) in Banks or Royal Bank of Canada (RY) in Banks under our convention.
HSBC
Banks industry group
--
- Max
- 1.51
- Q3
- 0.91
- Median
- 0.30
- Q1
- -0.30
- Min
- -0.91
RY
Banks industry group
--
- Max
- 1.51
- Q3
- 0.91
- Median
- 0.30
- Q1
- -0.30
- Min
- -0.91
Financial Strength at a Glance
| Symbol | HSBC | RY |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Quick Ratio (MRQ) | -- | -- |
| Debt-to-Equity Ratio (MRQ) | 1.62 | 2.49 |
| Interest Coverage Ratio (TTM) | -- | -- |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | HSBC | RY |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 15.51% | 112.67% |
| Revenue Growth (TTM vs Prior YoY) | 109.08% | 135.31% |
| 3-Year Revenue CAGR | 0.22% | -0.46% |
| 5-Year Revenue CAGR | 6.08% | 8.67% |
EPS Growth
EPS Growth at a Glance
| Symbol | HSBC | RY |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 2.77% | 13.95% |
| EPS Growth (TTM vs Prior YoY) | 12.26% | 18.99% |
| 3-Year EPS CAGR | 17.72% | 8.76% |
| 5-Year EPS CAGR | 37.51% | 12.55% |
Dividend
Dividend Yield (TTM)
HSBC (HSBC) at 4.37% reports Dividend Yield (TTM) in the top quartile of industry peers, ahead of Royal Bank of Canada (RY) at 2.55%, which sits around the industry mid-range.
HSBC
Banks industry group
4.37%
- Max
- 5.97%
- Q3
- 3.66%
- Median
- 2.90%
- Q1
- 2.08%
- Min
- 0.00%
RY
Banks industry group
2.55%
- Max
- 5.97%
- Q3
- 3.66%
- Median
- 2.90%
- Q1
- 2.08%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
HSBC (HSBC) reports an unusual Dividend Payout Ratio (TTM) of 139.32% — outside the typical 0–100% range, indicating either negative earnings (negative ratio) or dividends above current-period earnings (above 100%), both signaling sustainability concerns. Meanwhile Royal Bank of Canada (RY) reports 42.80%, ranking against industry peers normally.
HSBC
Banks industry group
139.32%
- Max
- 82.25%
- Q3
- 49.73%
- Median
- 36.98%
- Q1
- 27.46%
- Min
- 0.00%
RY
Banks industry group
42.80%
- Max
- 82.25%
- Q3
- 49.73%
- Median
- 36.98%
- Q1
- 27.46%
- Min
- 0.00%
Dividend at a Glance
| Symbol | HSBC | RY |
|---|---|---|
| Dividend Yield (TTM) | 4.37% | 2.55% |
| Dividend Payout Ratio (TTM) | 139.32% | 42.80% |
Valuation
Price-to-Earnings Ratio (TTM)
HSBC (HSBC) at 13.82 carries typical industry Price-to-Earnings Ratio (TTM), while Royal Bank of Canada (RY) at 16.78 sits in the higher-multiple quartile — RY carries a higher trailing earnings multiple relative to peers.
HSBC
Banks industry group
13.82
- Max
- 20.82
- Q3
- 14.78
- Median
- 11.87
- Q1
- 10.36
- Min
- 5.23
RY
Banks industry group
16.78
- Max
- 20.82
- Q3
- 14.78
- Median
- 11.87
- Q1
- 10.36
- Min
- 5.23
Price-to-Sales Ratio (TTM)
Price-to-Sales Ratio (TTM) isn’t a meaningful figure for either HSBC (HSBC) in Banks or Royal Bank of Canada (RY) in Banks under our convention.
HSBC
Banks industry group
1.74
- Max
- 4.88
- Q3
- 3.19
- Median
- 2.36
- Q1
- 1.99
- Min
- 0.52
RY
Banks industry group
3.00
- Max
- 4.88
- Q3
- 3.19
- Median
- 2.36
- Q1
- 1.99
- Min
- 0.52
Price-to-Book Ratio (MRQ)
HSBC (HSBC) at 1.43 hovers around the typical industry Price-to-Book Ratio (MRQ), while Royal Bank of Canada (RY) at 2.31 sits above its industry benchmark range — an elevated book-value multiple for RY relative to peers.
HSBC
Banks industry group
1.43
- Max
- 2.17
- Q3
- 1.47
- Median
- 1.16
- Q1
- 1.00
- Min
- 0.57
RY
Banks industry group
2.31
- Max
- 2.17
- Q3
- 1.47
- Median
- 1.16
- Q1
- 1.00
- Min
- 0.57
Valuation at a Glance
| Symbol | HSBC | RY |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 13.82 | 16.78 |
| Price-to-Sales Ratio (TTM) | 1.74 | 3.00 |
| Price-to-Book Ratio (MRQ) | 1.43 | 2.31 |
| Price-to-Free Cash Flow Ratio (TTM) | 12.28 | 4.69 |