Banco Santander (SAN) Tax Rate (2018 - 2025)
Banco Santander's Tax Rate came in at 83.09% for Q4 2025, down 14.11 percentage points from 97.20% a year earlier.
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Analysis
Banco Santander (SAN) Tax Rate (2018 - 2025) Analysis & Trends
For FY2025, Banco Santander's Tax Rate was 25.28%, down 2.64 percentage points from FY2024.
- Tax Rate carries a four-year change of -8.36 percentage points (FY2021 to FY2025).
- Going back by year, Tax Rate was 27.92% in FY2024 (+2.07 pp), 25.86% in FY2023 (-3.56 pp), 29.42% in FY2022 (-4.23 pp) and 33.64% in FY2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 23.98% |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 22.68% |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 22.26% |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 23.29% |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 24.40% |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 16.36% |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 24.29% |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 18.08% |
| 10 | Banco Santander | 174.96 Bn | -510.44 Bn | 10.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 83.09% |
| Dec 31, 2024 | 97.20% |
| Dec 31, 2023 | 92.12% |
| Dec 31, 2022 | 126.60% |
| Dec 31, 2018 | 131.34% |
API Access
Banco Santander Tax Rate 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=tax-rate&ticker=SAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();