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Side-by-side financial comparison of HSBC HOLDINGS PLC (HSBC) and GRUPO TELEVISA, S.A.B. (TV). Click either name above to swap in a different company.
HSBC HOLDINGS PLC is the larger business by last-quarter revenue ($28.6B vs $14.5B, roughly 2.0× GRUPO TELEVISA, S.A.B.). HSBC HOLDINGS PLC runs the higher net margin — 25.7% vs -51.8%, a 77.5% gap on every dollar of revenue.
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.
"Grupo Televisa, S.A.B.", simply known as "Televisa", is a Mexican telecommunications and broadcasting company and the largest in Latin America A major Latin American mass media corporation, it often presents itself as the largest producer of Spanish-language content.
HSBC vs TV — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $28.6B | $14.5B |
| Net Profit | $7.3B | $-7.5B |
| Gross Margin | — | 38.8% |
| Operating Margin | 33.1% | 10.0% |
| Net Margin | 25.7% | -51.8% |
| Revenue YoY | — | — |
| Net Profit YoY | — | — |
| EPS (diluted) | $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.
| Q4 25 | — | $14.5B | ||
| Q3 25 | — | $14.6B | ||
| Q2 25 | — | $14.7B | ||
| Q1 25 | $28.6B | — |
| Q4 25 | — | $-7.5B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $552.5M | ||
| Q1 25 | $7.3B | — |
| Q4 25 | — | 38.8% | ||
| Q3 25 | — | 36.7% | ||
| Q2 25 | — | 38.8% | ||
| Q1 25 | — | — |
| Q4 25 | — | 10.0% | ||
| Q3 25 | — | 6.3% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | 33.1% | — |
| Q4 25 | — | -51.8% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | 25.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $0.36 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $434.9B | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $192.3B | — |
| Total Assets | $3017.0B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $434.9B | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $192.3B | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $3017.0B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $65.3B | — |
| Free Cash FlowOCF − Capex | $64.0B | — |
| FCF MarginFCF / Revenue | 223.9% | — |
| Capex IntensityCapex / Revenue | 4.7% | — |
| Cash ConversionOCF / Net Profit | 8.90× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $65.3B | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $64.0B | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 223.9% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 4.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 8.90× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
