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Side-by-side financial comparison of General Motors (GM) and HSBC HOLDINGS PLC (HSBC). Click either name above to swap in a different company.

General Motors is the larger business by last-quarter revenue ($41.0B vs $28.6B, roughly 1.4× HSBC HOLDINGS PLC). HSBC HOLDINGS PLC runs the higher net margin — 25.7% vs -8.1%, a 33.8% gap on every dollar of revenue. HSBC HOLDINGS PLC produced more free cash flow last quarter ($64.0B vs $3.6B).

General Motors Company (GM) is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac, each a separate division of GM. By total sales, it has continuously been the largest automaker in the United States, and was the largest in the world for 77 years before losing the title to Toyota in 2008.

HSBC Holdings plc is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint. It is the largest Europe-based bank by total assets, ahead of BNP Paribas, with US$3.098 trillion as of September 2024. This also puts it as the 7th largest bank in the world by total assets behind Bank of America, and the 3rd largest non-state owned bank in the world.

GM vs HSBC — Head-to-Head

Bigger by revenue
GM
GM
1.4× larger
GM
$41.0B
$28.6B
HSBC
Higher net margin
HSBC
HSBC
33.8% more per $
HSBC
25.7%
-8.1%
GM
More free cash flow
HSBC
HSBC
$60.4B more FCF
HSBC
$64.0B
$3.6B
GM

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
GM
GM
HSBC
HSBC
Revenue
$41.0B
$28.6B
Net Profit
$-3.3B
$7.3B
Gross Margin
Operating Margin
-8.9%
33.1%
Net Margin
-8.1%
25.7%
Revenue YoY
-6.0%
Net Profit YoY
-11.8%
EPS (diluted)
$-3.34
$0.36

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GM
GM
HSBC
HSBC
Q4 25
$41.0B
Q3 25
$44.3B
Q2 25
$42.9B
Q1 25
$39.9B
$28.6B
Q4 24
$43.6B
Q3 24
$44.7B
Q2 24
$44.1B
Q1 24
$39.2B
Net Profit
GM
GM
HSBC
HSBC
Q4 25
$-3.3B
Q3 25
$1.3B
Q2 25
$1.9B
Q1 25
$2.8B
$7.3B
Q4 24
$-3.0B
Q3 24
$3.1B
Q2 24
$2.9B
Q1 24
$3.0B
Operating Margin
GM
GM
HSBC
HSBC
Q4 25
-8.9%
Q3 25
2.4%
Q2 25
5.0%
Q1 25
8.4%
33.1%
Q4 24
3.5%
Q3 24
8.2%
Q2 24
8.8%
Q1 24
9.5%
Net Margin
GM
GM
HSBC
HSBC
Q4 25
-8.1%
Q3 25
3.0%
Q2 25
4.4%
Q1 25
7.0%
25.7%
Q4 24
-6.8%
Q3 24
6.8%
Q2 24
6.7%
Q1 24
7.6%
EPS (diluted)
GM
GM
HSBC
HSBC
Q4 25
$-3.34
Q3 25
$1.35
Q2 25
$1.91
Q1 25
$3.35
$0.36
Q4 24
$-1.42
Q3 24
$2.68
Q2 24
$2.55
Q1 24
$2.56

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GM
GM
HSBC
HSBC
Cash + ST InvestmentsLiquidity on hand
$20.9B
$434.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$61.1B
$192.3B
Total Assets
$281.3B
$3017.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GM
GM
HSBC
HSBC
Q4 25
$20.9B
Q3 25
$22.9B
Q2 25
$22.4B
Q1 25
$20.6B
$434.9B
Q4 24
$19.9B
Q3 24
$23.7B
Q2 24
$22.5B
Q1 24
$17.6B
Stockholders' Equity
GM
GM
HSBC
HSBC
Q4 25
$61.1B
Q3 25
$66.4B
Q2 25
$66.4B
Q1 25
$64.4B
$192.3B
Q4 24
$63.1B
Q3 24
$70.9B
Q2 24
$68.6B
Q1 24
$66.6B
Total Assets
GM
GM
HSBC
HSBC
Q4 25
$281.3B
Q3 25
$288.2B
Q2 25
$289.4B
Q1 25
$282.1B
$3017.0B
Q4 24
$279.8B
Q3 24
$289.3B
Q2 24
$283.0B
Q1 24
$276.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GM
GM
HSBC
HSBC
Operating Cash FlowLast quarter
$6.8B
$65.3B
Free Cash FlowOCF − Capex
$3.6B
$64.0B
FCF MarginFCF / Revenue
8.7%
223.9%
Capex IntensityCapex / Revenue
7.9%
4.7%
Cash ConversionOCF / Net Profit
8.90×
TTM Free Cash FlowTrailing 4 quarters
$17.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GM
GM
HSBC
HSBC
Q4 25
$6.8B
Q3 25
$7.1B
Q2 25
$6.9B
Q1 25
$6.1B
$65.3B
Q4 24
$4.1B
Q3 24
$6.9B
Q2 24
$6.0B
Q1 24
$3.2B
Free Cash Flow
GM
GM
HSBC
HSBC
Q4 25
$3.6B
Q3 25
$5.0B
Q2 25
$4.8B
Q1 25
$4.2B
$64.0B
Q4 24
$907.0M
Q3 24
$4.6B
Q2 24
$3.4B
Q1 24
$369.0M
FCF Margin
GM
GM
HSBC
HSBC
Q4 25
8.7%
Q3 25
11.2%
Q2 25
11.1%
Q1 25
10.6%
223.9%
Q4 24
2.1%
Q3 24
10.3%
Q2 24
7.7%
Q1 24
0.9%
Capex Intensity
GM
GM
HSBC
HSBC
Q4 25
7.9%
Q3 25
4.8%
Q2 25
5.0%
Q1 25
4.6%
4.7%
Q4 24
7.4%
Q3 24
5.0%
Q2 24
5.8%
Q1 24
7.1%
Cash Conversion
GM
GM
HSBC
HSBC
Q4 25
Q3 25
5.35×
Q2 25
3.65×
Q1 25
2.18×
8.90×
Q4 24
Q3 24
2.25×
Q2 24
2.04×
Q1 24
1.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GM
GM

Vehiclesand Parts$35.3B86%
GM Financial Segment$4.3B11%
Servicesand Other$1.2B3%
Used Vehicles$415.0M1%

HSBC
HSBC

Segment breakdown not available.

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