COMP <GO>
NTRS vs HSBC // ALTMAN Z-SCORE & DEBT/EQUITY
Northern Trust Corporation (NASDAQ) VS. HSBC Holdings plc. (NYSE) • 15-METRIC TALLY: NTRS 7
— HSBC 7
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: HSBC
LAST: $169.16 (-2.17%) • MKT CAP: $31.64B
balance-sheet
0.45
LAST: $85.42 (-1.36%) • MKT CAP: $297.33B
balance-sheet
3.74
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NTRS VS. HSBC)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NTRS | 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) | 2.80% | 9.90% | -7.10 | HSBC | /roic <GO> |
| EV/EBITDA & P/E Valuation | 36.4x | 21.0x | +15.40 | HSBC | /valuation <GO> |
| Free Cash Flow Yield | 17.26% | 2.21% | +15.05 | NTRS | /fcf-yield <GO> |
| Operating Margin | 42.20% | 13.90% | +28.30 | NTRS | /operating-margins <GO> |
| Net Profit Margin | 34.60% | 10.90% | +23.70 | NTRS | /net-margins <GO> |
| Revenue Growth (YoY) | 6.10% | 23.10% | -17.00 | HSBC | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.87% | 0.00% | +1.87 | NTRS | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 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 | 7.10% | 6.60% | +0.50 | HSBC | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 46.8 | 25.0 | +21.84 | NTRS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.07 | 0.92 | +0.15 | NTRS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 16.9x | 27.6x | -10.70 | NTRS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $31.64B | $297.33B | -$265.69B | HSBC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NTRS REV | HSBC REV | NTRS GROSS % | HSBC GROSS % | NTRS FCF | HSBC FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $5.02B | — | 44.0% | — | $5.46B | — |
| FY 2024 | $4.73B | — | 44.0% | — | -$587.5M | — |
| FY 2023 | $4.36B | — | 44.0% | — | $2.43B | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NTRS // BETA 1.07
HSBC // BETA 0.92