Banco Santander, S.A.
SAN Financial Banks Diversified
Banco Santander, S.A.’s revenue for fiscal 2025 (year ended December 2025) was $133.5 billion, down 3.54% from fiscal 2024.
- Revenue
- −73.3%
- EPS
- −3.70%
- Free cash flow
- +381.0%
Quarter to September 2026, against a year earlier
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Banco Santander, S.A. (SAN) Return on invested capital
Banco Santander, S.A.'s return on invested capital over the twelve months to 30 September 2026 was 0.97%, down 33.0 percentage points from fiscal 2025 (34.0%). Over the past ten years it has ranged from 1.41% (fiscal 2016) to 34.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Banks Diversified industry median of 0.00% and below the Financial sector median of 4.70%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 34.0% | 18.33 |
| FY2024 | 15.7% | 4.08 |
| FY2023 | 11.6% | (0.03) |
| FY2022 | 11.6% | (20.72) |
| FY2021 | 32.4% | 27.36 |
| FY2020 | 5.00% | (0.78) |
| FY2019 | 5.78% | 0.58 |
| FY2018 | 5.20% | (0.51) |
| FY2017 | 5.71% | 4.30 |
| FY2016 | 1.41% | (4.41) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| UBS UBS Group AG compare | 2.91% |
| SAN Banco Santander, S.A. | 0.97% |
| BNY BNY compare | 0.00% |
| WFC Wells Fargo & Company compare | 0.00% |
| MUFG Mitsubishi UFJ Financial Group, Inc. compare | 0.00% |
| HSBC HSBC Holdings plc compare | 0.00% |
| SMFG Sumitomo Mitsui Financial Group Inc compare | 0.00% |
| C Citigroup Inc. compare | 0.00% |
| BBVA Banco Bilbao Viscaya Argentaria S.A. compare | 0.00% |
| Banks Diversified industry median | 0.00% |
| Financial sector median | 4.70% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on SAN
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement