HSBC Holdings plc
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $23.13B | $25.00B | $24.56B | $16.04B | $13.92B | $5.23B | $7.38B | $13.73B |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $1.97B | $1.85B | $1.64B | $2.15B | $2.26B | $2.68B | $2.10B | $1.12B |
| Amortization | — | — | $1.83B | $1.70B | $1.44B | $2.52B | $1.07B | $814.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $29.77B | $65.31B | $39.11B | $19.36B | $104.31B | $182.22B | $29.74B | $32.52B |
| Investing Activities | ||||||||
| Capital Expenditures | $1.45B | $1.34B | $1.15B | $1.28B | $1.09B | $1.45B | $1.34B | $1.20B |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-37.07B | $-76.56B | $-62.91B | $-27.40B | $27.54B | $-22.43B | $-35.32B | $-16.65B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | $0 |
| Net Cash from Financing Activities | $-21.96B | $-26.46B | $-17.56B | $-6.29B | $-10.79B | $-4.64B | $-14.84B | $-16.78B |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $28.32B | $63.96B | $37.97B | $18.07B | $103.23B | $180.77B | $28.40B | $31.32B |