Banco Santander SAN
NYSE SAN
$12.00 -0.07 (-0.58%)
As of: Nov 5, 2026 · 3:59 PM EST

Banco Santander (SAN) EBITDA Margin (2009 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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%
API Access

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