SAN
Banco Santander SA ADR
NYSE: SAN · FINANCIAL SERVICES · BANKS - DIVERSIFIED
$12.20
+1.79% today
Updated 2026-04-30
Market cap
$174.08B
P/E ratio
12.20
P/S ratio
3.72x
EPS (TTM)
$0.98
Dividend yield
2.02%
52W range
$7 – $13
Volume
13.5M
Banco Santander SA ADR (SAN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $44.51B | $58.19B | $68.25B | $67.60B | $66.84B | $74.60B | $74.00B | $66.03B | $69.27B | $71.68B | $69.76B | $71.34B | $69.67B | $72.56B | $60.50B | $61.50B | $87.03B | $121.87B | $129.91B | $119.89B |
| Revenue growth (YoY) | — | +30.7% | +17.3% | -1.0% | -1.1% | +11.6% | -0.8% | -10.8% | +4.9% | +3.5% | -2.7% | +2.3% | -2.4% | +4.2% | -16.6% | +1.6% | +41.5% | +40.0% | +6.6% | -7.7% |
| Cost of revenue | $24.51B | $34.49B | $43.40B | $37.96B | $33.95B | $40.15B | $47.39B | $36.50B | $35.63B | $34.58B | $33.62B | $30.99B | $28.97B | $30.84B | $26.11B | $20.48B | $43.67B | $74.90B | $78.71B | $71.88B |
| Gross profit | $20.00B | $23.70B | $24.85B | $29.64B | $32.89B | $34.45B | $26.61B | $29.54B | $33.64B | $37.10B | $36.14B | $40.36B | $40.70B | $41.72B | $34.39B | $41.02B | $43.36B | $46.97B | $51.20B | $48.02B |
| Gross margin | 44.9% | 40.7% | 36.4% | 43.8% | 49.2% | 46.2% | 36.0% | 44.7% | 48.6% | 51.8% | 51.8% | 56.6% | 58.4% | 57.5% | 56.8% | 66.7% | 49.8% | 38.5% | 39.4% | 40.0% |
| R&D | — | — | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $9.54B | $9.96B | $10.85B | $13.92B | $15.24B | $16.55B | $16.72B | $16.38B | $16.78B | $18.07B | $17.56B | $19.06B | $19.15B | $19.07B | $17.26B | $17.59B | $19.80B | $21.07B | $21.64B | $21.53B |
| Operating income | $7.66B | $10.97B | $10.85B | $10.59B | $12.05B | $7.86B | $3.56B | $7.38B | $10.68B | $9.55B | $10.77B | $12.09B | $14.20B | $12.54B | $-2.08B | $14.55B | $15.25B | $16.46B | $19.03B | $18.68B |
| Operating margin | 17.2% | 18.9% | 15.9% | 15.7% | 18.0% | 10.5% | 4.8% | 11.2% | 15.4% | 13.3% | 15.4% | 16.9% | 20.4% | 17.3% | -3.4% | 23.7% | 17.5% | 13.5% | 14.6% | 15.6% |
| EBITDA | $8.67B | $12.24B | $12.12B | $12.18B | $13.99B | $9.96B | $5.75B | $9.77B | $12.97B | $11.96B | $13.13B | $14.68B | $16.63B | $15.54B | $734.00M | $17.30B | $18.23B | $19.64B | $22.32B | $21.86B |
| EBITDA margin | 19.5% | 21.0% | 17.8% | 18.0% | 20.9% | 13.3% | 7.8% | 14.8% | 18.7% | 16.7% | 18.8% | 20.6% | 23.9% | 21.4% | 1.2% | 28.1% | 21.0% | 16.1% | 17.2% | 18.2% |
| EBIT | $7.66B | $10.97B | $10.85B | $10.59B | $12.05B | $7.86B | $3.56B | $7.38B | $10.68B | $9.55B | $10.77B | $12.09B | $14.20B | $12.54B | $-2.08B | $14.55B | $15.25B | $16.46B | $19.03B | $18.68B |
| Interest expense | $22.76B | $31.07B | $37.51B | $26.87B | $23.68B | $30.02B | $28.87B | $25.51B | $25.11B | $24.39B | $24.07B | $21.75B | $19.98B | $21.50B | $13.75B | $13.09B | $32.81B | $61.99B | $66.07B | $59.36B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $6.22B | $9.06B | $8.88B | $8.94B | $8.18B | $5.33B | $2.21B | $4.17B | $5.82B | $5.97B | $6.20B | $6.62B | $7.81B | $6.51B | $-8.77B | $8.12B | $9.61B | $11.08B | $12.57B | $14.10B |
| Net income growth (YoY) | — | +45.7% | -2.0% | +0.7% | -8.5% | -34.8% | -58.6% | +89.3% | +39.3% | +2.6% | +4.0% | +6.7% | +18.0% | -16.6% | -234.6% | +192.6% | +18.2% | +15.3% | +13.5% | +12.1% |
| Profit margin | 14.0% | 15.6% | 13.0% | 13.2% | 12.2% | 7.1% | 3.0% | 6.3% | 8.4% | 8.3% | 8.9% | 9.3% | 11.2% | 9.0% | -14.5% | 13.2% | 11.0% | 9.1% | 9.7% | 11.8% |