Banco Santander SA ADR (SAN) financial statements

Financial Services · Banks - Diversified · Market cap $191.7B

Net income was 14.1B EUR.

Free cash flow was -22.5B EUR, and the company returned 3.3B EUR in dividends and 4.1B EUR in net buybacks.

Revenue and free cash flow

Fiscal years, $ billions (EUR).

-500501002016201720182019202020212022202320242025RevenueFree cash flow
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Income statement

Fiscal years, in EUR, from Banco Santander SA ADR's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Revenue74.2B EUR74.2B EUR————————
Gross profit——48.4B EUR49.2B EUR44.3B EUR46.4B EUR52.1B EUR54.0B EUR58.0B EUR58.3B EUR
Selling, general and admin18.7B EUR20.4B EUR20.4B EUR20.3B EUR18.3B EUR18.7B EUR20.9B EUR21.6B EUR22.0B EUR21.6B EUR
Operating income23.1B EUR25.4B EUR25.6B EUR25.9B EUR23.1B EUR25.0B EUR————
Interest expense24.1B EUR21.7B EUR20.0B EUR21.5B EUR13.7B EUR13.1B EUR32.8B EUR61.1B EUR65.2B EUR59.4B EUR
Pre-tax income10.8B EUR12.1B EUR14.2B EUR12.5B EUR-2.1B EUR14.5B EUR15.2B EUR15.0B EUR17.3B EUR18.7B EUR
Income tax3.3B EUR3.9B EUR4.9B EUR4.4B EUR5.6B EUR4.9B EUR4.5B EUR3.9B EUR4.8B EUR4.7B EUR
Net income6.2B EUR6.6B EUR7.8B EUR6.5B EUR-8.8B EUR8.1B EUR9.6B EUR11.1B EUR12.6B EUR14.1B EUR
EPS (diluted)0.40 EUR0.40 EUR0.43 EUR0.35 EUR-0.54 EUR0.44 EUR0.54 EUR0.65 EUR0.77 EUR0.90 EUR
Diluted shares14.70B15.45B16.85B17.06B17.32B17.32B16.90B16.25B15.57B14.98B
Operating margin31.2%34.2%————————
Net margin8.4%8.9%————————

Balance sheet

Fiscal years, in EUR, from Banco Santander SA ADR's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Cash and short-term investments76.5B EUR111.0B EUR113.7B EUR101.1B EUR153.8B EUR210.7B EUR223.1B EUR220.3B EUR192.2B EUR152.3B EUR
Inventory1.1B EUR2.0B EUR147M EUR5M EUR5M EUR6M EUR11M EUR7M EUR6M EUR7M EUR
Property, plant and equipment20.8B EUR20.6B EUR24.6B EUR34.3B EUR31.8B EUR32.3B EUR33.0B EUR32.9B EUR31.2B EUR26.4B EUR
Goodwill26.7B EUR25.8B EUR25.5B EUR24.2B EUR12.5B EUR12.7B EUR13.7B EUR14.0B EUR13.4B EUR12.0B EUR
Total assets1.34T EUR1.44T EUR1.46T EUR1.52T EUR1.51T EUR1.60T EUR1.73T EUR1.80T EUR1.84T EUR1.87T EUR
Total liabilities1.24T EUR1.34T EUR1.35T EUR1.41T EUR1.42T EUR1.50T EUR1.64T EUR1.69T EUR1.73T EUR1.75T EUR
Shareholders' equity106.0B EUR116.3B EUR118.6B EUR122.1B EUR91.3B EUR97.1B EUR97.6B EUR104.2B EUR107.3B EUR112.7B EUR
Net debt-76.5B EUR-111.0B EUR-113.7B EUR-101.1B EUR-153.8B EUR-210.7B EUR-223.1B EUR-220.3B EUR-192.2B EUR-152.3B EUR

Cash flow

Fiscal years, in EUR, from Banco Santander SA ADR's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Operating cash flow21.8B EUR40.2B EUR3.4B EUR3.4B EUR66.2B EUR56.7B EUR27.7B EUR5.0B EUR-24.2B EUR-14.8B EUR
Capital spending8.3B EUR9.0B EUR12.2B EUR14.1B EUR8.5B EUR11.4B EUR10.8B EUR13.6B EUR10.6B EUR7.7B EUR
Free cash flow13.5B EUR31.2B EUR-8.8B EUR-10.8B EUR57.6B EUR45.3B EUR16.9B EUR-8.6B EUR-34.8B EUR-22.5B EUR
Dividends paid2.3B EUR2.7B EUR3.1B EUR3.8B EUR0 EUR1.3B EUR1.8B EUR2.3B EUR3.0B EUR3.3B EUR
Share buybacks (net)-1.4B EUR0 EUR0 EUR0 EUR0 EUR0 EUR0 EUR0 EUR-4.0B EUR-4.1B EUR
Free cash flow margin18.2%42.1%————————
Dividends per share0.16 EUR0.17 EUR0.19 EUR0.22 EUR—0.08 EUR0.11 EUR0.14 EUR0.19 EUR0.22 EUR
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Questions

How much free cash flow does Banco Santander SA ADR generate?

-22.5B EUR in fiscal 2025 (operating cash flow minus capital spending).

From Banco Santander SA ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.