Banco Santander, S.A. (SAN) Other Working Capital Changes (2014 - 2026)
Banco Santander (SAN) recorded Other Working Capital Changes of $46.35 billion in the quarter ended Jun 30, 2026, compared with -$8.25 billion a year earlier and down 36.0% from the prior quarter.
Banco Santander, S.A. (SAN) Other Working Capital Changes (2014 - 2026) Analysis & Trends
On a TTM basis, Banco Santander's Other Working Capital Changes came in at $101.66 billion as of Jun 30, 2026; for the year ended Dec 31, 2025, it was $21.4 billion, up 25.3% from the prior year.
- Annual Other Working Capital Changes has a five-year compound annual growth rate of -0.3% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Other Working Capital Changes came in at $17.08 billion in the year ended Dec 31, 2024 (+2.3%), $16.7 billion in the year ended Dec 31, 2023 (-5.6%), $17.69 billion in the year ended Dec 31, 2022 (-1.8%) and $18.01 billion in the year ended Dec 31, 2021 (-17.1%).
- Quarterly Other Working Capital Changes has ranged from -$125.56 billion in the quarter ended Dec 31, 2022 to $72.4 billion in the quarter ended Mar 31, 2026 over the past five years.
- On a year-over-year basis, Other Working Capital Changes rose in two of the last four quarters, with growth averaging 31.2%.
- Peak year-over-year performance for Other Working Capital Changes in the last five years was growth of 525.2% in the quarter ended Jun 30, 2022, against a decline of 53.7% in the quarter ended Jun 30, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $72.4 billion (quarter ended Mar 31, 2026), -$67.94 billion (quarter ended Dec 31, 2025) and $50.85 billion (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 666.03 Mn |
| Mar 31, 2026 | -3.72 Bn |
| Dec 31, 2025 | 111.41 Bn |
| Sep 30, 2025 | -2.40 Bn |
| Jun 30, 2025 | 2.11 Bn |
| Mar 31, 2025 | -1.26 Bn |
| Dec 31, 2024 | 106.40 Bn |
| Sep 30, 2024 | 822.57 Mn |
| Jun 30, 2024 | -563.21 Mn |
| Mar 31, 2024 | -3.13 Bn |
| Dec 31, 2023 | 91.74 Bn |
| Sep 30, 2023 | -308.07 Mn |
| Jun 30, 2023 | 598.91 Mn |
| Mar 31, 2023 | -1.58 Bn |
| Dec 31, 2022 | 92.05 Bn |
| Sep 30, 2022 | 1.08 Bn |
| Jun 30, 2022 | 2.22 Bn |
| Mar 31, 2022 | -1.04 Bn |
| Dec 31, 2021 | 89.67 Bn |
| Sep 30, 2021 | -2.20 Bn |
Banco Santander, S.A. Other Working Capital Changes 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=other-working-capital-changes&ticker=SAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();