Banco Santander, S.A annual gross margin
2022
2023
2024
2025
Banco Santander, S.A Gross Margin Growth & History (BNC)
Banco Santander, S.A's gross margin was 97.75% for fiscal 2025.
View full Banco Santander, S.A company overviewBanco Santander, S.A annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 97.75% | +0.94 pp |
| 2024 | 2024-12-31 | 96.81% | +1.11 pp |
| 2023 | 2023-12-31 | 95.70% | −0.43 pp |
| 2022 | 2022-12-31 | 96.13% | — |
Banco Santander, S.A gross margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Banco Santander, S.A's gross margin increased from 96.13% to 97.75%, a change of +1.62 percentage points.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Banco Santander, S.A source filings ↗