COMP <GO>
IBKR vs HSBC // 10Y YIELD & FRED MACRO BETA
Interactive Brokers Group Inc. (NASDAQ) VS. HSBC Holdings plc. (NYSE) • 15-METRIC TALLY: IBKR 4
— HSBC 6
■ METRIC PARITY
LAST: $76.90 (-5.96%) • MKT CAP: $37.05B
macro-sensitivity
0.92
LAST: $85.42 (-1.36%) • MKT CAP: $297.33B
macro-sensitivity
0.92
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (IBKR VS. HSBC)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | IBKR | HSBC | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 41.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 0.30% | 9.90% | -9.60 | HSBC | /roic <GO> |
| EV/EBITDA & P/E Valuation | 95.0x | 21.0x | +74.00 | HSBC | /valuation <GO> |
| Free Cash Flow Yield | 22.00% | 2.21% | +19.79 | IBKR | /fcf-yield <GO> |
| Operating Margin | 13.90% | 13.90% | 0.00 | TIE | /operating-margins <GO> |
| Net Profit Margin | 10.90% | 10.90% | 0.00 | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 23.40% | 23.10% | +0.30 | IBKR | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.36% | 0.00% | +0.36 | IBKR | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.45 | 3.74 | -3.29 | HSBC | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 8/9 | -1.00 | HSBC | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.60% | 6.60% | 0.00 | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 34.4 | 25.0 | +9.38 | IBKR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 0.92 | 0.92 | 0.00 | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 117.3x | 27.6x | +89.70 | HSBC | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $37.05B | $297.33B | -$260.28B | HSBC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | IBKR REV | HSBC REV | IBKR GROSS % | HSBC GROSS % | IBKR FCF | HSBC FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.44B | — | 44.0% | — | $15.70B | — |
| FY 2024 | $1.98B | — | 44.0% | — | $8.64B | — |
| FY 2023 | $1.56B | — | 44.0% | — | $4.47B | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
IBKR // BETA 0.92
HSBC // BETA 0.92