Banco Santander (SAN) FCF Margin (2013 - 2026)
Banco Santander (SAN) reported FCF Margin of -3.58% for Q2 2026, down 146.44 percentage points from 142.85% a year earlier but up 119.91 percentage points from the prior quarter.
Powered by 
Analysis
Banco Santander (SAN) FCF Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Banco Santander's FCF Margin came in at -60.97%, down 127.04 percentage points year-over-year; for FY2025, it was -34.25%, up 19.11 percentage points from FY2024.
- FCF Margin has a five-year change of -165.07 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -53.37% in FY2024 (-42.06 pp), -11.31% in FY2023 (-45.08 pp), 33.78% in FY2022 (-64.26 pp) and 98.04% in FY2021 (-32.78 pp).
- Five-year quarterly FCF Margin spans a low of -311.81% in Q1 2024 and a high of 262.67% in Q3 2022.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of +4.41 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2025 (a gain of 227.47 percentage points); the low point was Q1 2022 (a drop of 396.82 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -123.49% (Q1 2026), -46.28% (Q4 2025) and -72.75% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 905.34 Bn | 905.34 Bn | - | 66.09% |
| 2 | Bank Of America | 358.56 Bn | -2,017.55 Bn | - | -21.69% |
| 3 | Hsbc Holdings | 307.13 Bn | -1,796.46 Bn | - | - |
| 4 | Royal Bank Of Canada | 287.97 Bn | -542.07 Bn | - | 189.34% |
| 5 | Morgan Stanley | 284.27 Bn | -224.82 Bn | - | -16.70% |
| 6 | Goldman Sachs | 257.96 Bn | -3,485.49 Bn | - | 19.57% |
| 7 | Wells Fargo & Company | 256.22 Bn | 256.22 Bn | - | 40.54% |
| 8 | Mitsubishi Ufj Financial | 241.27 Bn | -100.12 Bn | 10.89 Bn | - |
| 9 | American Express | 219.29 Bn | 18.77 Bn | - | 22.12% |
| 10 | Banco Santander | 179.20 Bn | -506.19 Bn | 10.56 Bn | 202.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 202.53% |
| Jun 30, 2026 | -3.58% |
| Mar 31, 2026 | -123.49% |
| Dec 31, 2025 | -46.28% |
| Sep 30, 2025 | -77.16% |
| Jun 30, 2025 | 142.85% |
| Mar 31, 2025 | -124.25% |
| Dec 31, 2024 | 143.35% |
| Sep 30, 2024 | 86.18% |
| Jun 30, 2024 | -84.62% |
| Mar 31, 2024 | -311.81% |
| Dec 31, 2023 | 60.29% |
| Sep 30, 2023 | 54.75% |
| Jun 30, 2023 | 36.69% |
| Mar 31, 2023 | -122.57% |
| Dec 31, 2022 | -111.45% |
| Sep 30, 2022 | 262.67% |
| Jun 30, 2022 | 127.40% |
| Mar 31, 2022 | -72.65% |
| Dec 31, 2021 | 166.96% |
API Access
Banco Santander FCF 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=fcf-margin&ticker=SAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();