Banco Santander (SAN) EBITDA Margin (2009 - 2026)
Banco Santander (SAN) recorded EBITDA Margin of 53.23% in Q3 2026, up 15.17 percentage points from 38.07% a year earlier but down 9.38 percentage points from the prior quarter.
Banco Santander (SAN) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Banco Santander's EBITDA Margin came in at -68.95% as of Sep 30, 2026, down 100.42 percentage points year-over-year; for FY2025, it was 3.41%, up 5.47 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of -54.38 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at -2.06% in FY2024 (-0.90 pp), -1.16% in FY2023 (-12.68 pp), 11.52% in FY2022 (-46.76 pp) and 58.28% in FY2021 (+0.49 pp).
- Quarterly EBITDA Margin has ranged from -463.51% in Q4 2025 to 357.29% in Q2 2024 over the past five years.
- On a year-over-year basis, EBITDA Margin rose in three of the last eight quarters, with an average year-over-year change of -72.25 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 165.53 percentage points in Q2 2023, against a drop of 286.51 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 62.61% (Q2 2026), 62.64% (Q1 2026) and -463.51% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 905.34 Bn | 905.34 Bn | - | 97.78% |
| 2 | Bank Of America | 358.56 Bn | -2,017.55 Bn | - | 91.48% |
| 3 | Hsbc Holdings | 307.13 Bn | -1,796.46 Bn | - | - |
| 4 | Royal Bank Of Canada | 287.97 Bn | -542.07 Bn | - | 139.87% |
| 5 | Morgan Stanley | 284.27 Bn | -224.82 Bn | - | 101.52% |
| 6 | Goldman Sachs | 257.96 Bn | -3,485.49 Bn | - | 142.21% |
| 7 | Wells Fargo & Company | 256.22 Bn | 256.22 Bn | - | 92.97% |
| 8 | Mitsubishi Ufj Financial | 241.27 Bn | -100.12 Bn | 10.89 Bn | - |
| 9 | American Express | 219.29 Bn | 18.77 Bn | - | 34.61% |
| 10 | Banco Santander | 179.20 Bn | -506.19 Bn | 10.56 Bn | 63.14% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 63.14% |
| Jun 30, 2026 | 62.61% |
| Mar 31, 2026 | 62.64% |
| Dec 31, 2025 | -463.51% |
| Jun 30, 2025 | 349.12% |
| Mar 31, 2025 | -67.06% |
| Dec 31, 2024 | -191.27% |
| Sep 30, 2024 | 201.37% |
| Jun 30, 2024 | 357.29% |
| Mar 31, 2024 | -78.76% |
| Dec 31, 2023 | -186.91% |
| Sep 30, 2023 | 153.78% |
| Jun 30, 2023 | 337.66% |
| Mar 31, 2023 | -63.73% |
| Dec 31, 2022 | -125.07% |
| Sep 30, 2022 | 165.57% |
| Jun 30, 2022 | 172.13% |
| Mar 31, 2022 | -1.97% |
| Dec 31, 2021 | -136.73% |
| Sep 30, 2021 | 159.12% |
Banco Santander EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "SAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();