Banco Santander (SAN) Operating Margin (2009 - 2026)
Banco Santander (SAN) recorded Operating Margin of 29.14% in the quarter ended Jun 30, 2026, down 28.04 percentage points from the prior quarter.
Powered by 
Analysis
Banco Santander (SAN) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Banco Santander's Operating Margin came in at 22.78% as of Jun 30, 2026; for the year ended Dec 31, 2025, it was 113.46%, down 1.28 percentage points from the prior year.
- Annual Operating Margin has a five-year change of +61.18 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Operating Margin came in at 114.73% in the year ended Dec 31, 2024 (-3.17 pp), 117.91% in the year ended Dec 31, 2023 (+1.00 pp), 116.91% in the year ended Dec 31, 2022 (+63.06 pp) and 53.85% in the year ended Dec 31, 2021 (+1.57 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Operating Margin since the quarter ended Sep 30, 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.60 Bn | 896.60 Bn | - | - |
| 2 | Bank Of America | 363.46 Bn | -2,012.61 Bn | - | - |
| 3 | Hsbc Holdings | 325.99 Bn | -1,503.17 Bn | - | - |
| 4 | Morgan Stanley | 278.62 Bn | -230.47 Bn | - | - |
| 5 | Royal Bank Of Canada | 271.61 Bn | -558.43 Bn | - | - |
| 6 | Goldman Sachs | 260.21 Bn | -3,296.90 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 249.25 Bn | -45.69 Bn | 10.89 Bn | - |
| 8 | Wells Fargo & Company | 243.09 Bn | 243.09 Bn | - | - |
| 9 | American Express | 207.03 Bn | -1.15 Bn | - | - |
| 10 | Banco Santander | 198.79 Bn | -483.21 Bn | 10.41 Bn | 57.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.26% |
| Mar 31, 2026 | 57.17% |
| Dec 31, 2025 | -468.50% |
| Dec 31, 2024 | -195.69% |
| Sep 30, 2024 | 195.99% |
| Dec 31, 2023 | -191.59% |
| Sep 30, 2023 | 148.40% |
| Dec 31, 2022 | -130.62% |
| Sep 30, 2022 | 159.69% |
| Dec 31, 2021 | -142.60% |
| Sep 30, 2021 | 153.40% |
| Dec 31, 2020 | -45.23% |
| Sep 30, 2020 | 54.24% |
| Dec 31, 2019 | 12.91% |
| Sep 30, 2019 | 54.10% |
| Jun 30, 2019 | 52.81% |
| Mar 31, 2019 | 52.35% |
| Sep 30, 2018 | 54.26% |
| Jun 30, 2018 | 52.39% |
| Mar 31, 2018 | 52.56% |
API Access
Banco Santander Operating 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=operating-margin&ticker=SAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();