Banco Santander (SAN) Return on Invested Capital [ROIC] (2010 - 2025)
Banco Santander (SAN) recorded Return on Invested Capital [ROIC] of -4.70% in the quarter ended Dec 31, 2025, down 1.76 percentage points from -2.94% a year earlier.
Banco Santander (SAN) Return on Invested Capital [ROIC] (2010 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Banco Santander reported Return on Invested Capital [ROIC] of 2.59%, up 0.02 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] has a five-year change of +1.49 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 2.57% in the year ended Dec 31, 2024 (-0.10 pp), 2.67% in the year ended Dec 31, 2023 (+0.20 pp), 2.47% in the year ended Dec 31, 2022 (+1.68 pp) and 0.80% in the year ended Dec 31, 2021 (-0.30 pp).
- The figure for the quarter ended Dec 31, 2025 is the lowest quarterly Return on Invested Capital [ROIC] in data going back to the quarter ended Mar 31, 2009.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.72 Bn | 895.72 Bn | - | 32.13% |
| 2 | Bank Of America | 363.28 Bn | -2,012.78 Bn | - | 25.16% |
| 3 | Hsbc Holdings | 325.99 Bn | -1,503.17 Bn | - | - |
| 4 | Morgan Stanley | 278.81 Bn | -230.28 Bn | - | 42.00% |
| 5 | Royal Bank Of Canada | 271.40 Bn | -558.64 Bn | - | 49.26% |
| 6 | Goldman Sachs | 260.45 Bn | -3,296.67 Bn | - | 14.05% |
| 7 | Mitsubishi Ufj Financial | 249.20 Bn | -45.75 Bn | 10.89 Bn | 4.64% |
| 8 | Wells Fargo & Company | 242.91 Bn | 242.91 Bn | - | 27.68% |
| 9 | American Express | 206.88 Bn | -1.29 Bn | - | 49.28% |
| 10 | Banco Santander | 198.79 Bn | -483.21 Bn | 10.41 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -1.51% |
| Dec 31, 2024 | 0.47% |
| Dec 31, 2023 | 0.92% |
| Dec 31, 2022 | 1.54% |
| Dec 31, 2018 | 17.43% |
| Sep 30, 2018 | 10.81% |
| Jun 30, 2016 | 7.28% |
| Mar 31, 2016 | 6.55% |
| Dec 31, 2015 | 6.85% |
| Sep 30, 2015 | 17.53% |
| Jun 30, 2015 | 10.60% |
| Mar 31, 2015 | 0.00% |
| Dec 31, 2014 | 0.00% |
| Sep 30, 2014 | 0.00% |
| Jun 30, 2014 | 0.00% |
| Mar 31, 2014 | 0.00% |
| Dec 31, 2013 | 0.00% |
| Sep 30, 2013 | 0.00% |
| Jun 30, 2013 | 0.00% |
| Dec 31, 2012 | 0.00% |
Banco Santander Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=SAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();