Santander Holdings USA annual debt-to-equity ratio
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2025
Santander Holdings USA Debt-to-Equity Ratio Growth & History (SNUS-PH)
Santander Holdings USA's debt-to-equity ratio was 2.36 for fiscal 2025.
View full Santander Holdings USA company overviewSantander Holdings USA annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.36 | −0.49 | −17.06% |
| 2024 | 2024-12-31 | 2.84 | −0.04 | −1.31% |
| 2023 | 2023-12-31 | 2.88 | 0.35 | +13.61% |
| 2022 | 2022-12-31 | 2.54 | 0.68 | +36.81% |
| 2021 | 2021-12-31 | 1.85 | −0.51 | −21.52% |
| 2020 | 2020-12-31 | 2.36 | 0.03 | +1.25% |
| 2019 | 2019-12-31 | 2.33 | 0.22 | +10.63% |
| 2018 | 2018-12-31 | 2.11 | 0.27 | +14.46% |
| 2017 | 2017-12-31 | 1.84 | −0.38 | −16.96% |
| 2016 | 2016-12-31 | 2.22 | −0.35 | −13.63% |
| 2015 | 2015-12-31 | 2.57 | 0.44 | +20.87% |
| 2014 | 2014-12-31 | 2.12 | 1.21 | +132.53% |
| 2013 | 2013-12-31 | 0.91 | −0.54 | −37.19% |
| 2012 | 2012-12-31 | 1.45 | — | — |
Santander Holdings USA quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.98 | −0.60 | −23.33% |
| Q1 2026 | 2026-03-31 | 2.18 | −0.66 | −23.35% |
| Q4 2025 | 2025-12-31 | 2.36 | −0.49 | −17.06% |
| Q3 2025 | 2025-09-30 | 2.44 | −0.29 | −10.49% |
| Q2 2025 | 2025-06-30 | 2.59 | −0.14 | −5.24% |
| Q1 2025 | 2025-03-31 | 2.84 | 0.04 | +1.43% |
| Q4 2024 | 2024-12-31 | 2.84 | −0.04 | −1.31% |
| Q3 2024 | 2024-09-30 | 2.73 | 0.16 | +6.20% |
| Q2 2024 | 2024-06-30 | 2.73 | 0.03 | +1.22% |
| Q1 2024 | 2024-03-31 | 2.80 | 0.15 | +5.59% |
| Q4 2023 | 2023-12-31 | 2.88 | 0.35 | +13.61% |
| Q3 2023 | 2023-09-30 | 2.57 | 0.18 | +7.68% |
| Q2 2023 | 2023-06-30 | 2.70 | 0.60 | +28.86% |
| Q1 2023 | 2023-03-31 | 2.65 | 0.79 | +42.55% |
| Q4 2022 | 2022-12-31 | 2.54 | 0.68 | +36.81% |
| Q3 2022 | 2022-09-30 | 2.39 | 0.38 | +18.83% |
| Q2 2022 | 2022-06-30 | 2.09 | 0.06 | +3.05% |
| Q1 2022 | 2022-03-31 | 1.86 | — | — |
| Q4 2021 | 2021-12-31 | 1.85 | −0.51 | −21.52% |
| Q3 2021 | 2021-09-30 | 2.01 | −0.49 | −19.60% |
| Q2 2021 | 2021-06-30 | 2.03 | −0.65 | −24.23% |
| Q4 2020 | 2020-12-31 | 2.36 | 0.03 | +1.25% |
| Q3 2020 | 2020-09-30 | 2.50 | 0.25 | +11.23% |
| Q2 2020 | 2020-06-30 | 2.68 | 0.42 | +18.69% |
| Q1 2020 | 2020-03-31 | 2.59 | 0.44 | +20.60% |
| Q4 2019 | 2019-12-31 | 2.33 | 0.22 | +10.63% |
| Q3 2019 | 2019-09-30 | 2.24 | 0.27 | +13.73% |
| Q2 2019 | 2019-06-30 | 2.26 | 0.45 | +24.99% |
| Q1 2019 | 2019-03-31 | 2.15 | 0.34 | +19.10% |
| Q4 2018 | 2018-12-31 | 2.11 | 0.27 | +14.46% |
| Q3 2018 | 2018-09-30 | 1.97 | −0.05 | −2.50% |
| Q2 2018 | 2018-06-30 | 1.81 | −0.37 | −16.91% |
| Q1 2018 | 2018-03-31 | 1.81 | −0.29 | −14.01% |
| Q4 2017 | 2017-12-31 | 1.84 | −0.38 | −16.96% |
| Q3 2017 | 2017-09-30 | 2.02 | −0.23 | −10.32% |
| Q2 2017 | 2017-06-30 | 2.18 | −0.51 | −18.97% |
| Q1 2017 | 2017-03-31 | 2.10 | −0.84 | −28.63% |
| Q4 2016 | 2016-12-31 | 2.22 | −0.35 | −13.63% |
| Q3 2016 | 2016-09-30 | 2.26 | −0.29 | −11.31% |
| Q2 2016 | 2016-06-30 | 2.69 | — | — |
| Q1 2016 | 2016-03-31 | 2.94 | — | — |
| Q4 2015 | 2015-12-31 | 2.57 | 0.44 | +20.87% |
| Q3 2015 | 2015-09-30 | 2.55 | — | — |
| Q4 2014 | 2014-12-31 | 2.12 | 1.21 | +132.53% |
| Q4 2013 | 2013-12-31 | 0.91 | −0.54 | −37.19% |
| Q4 2012 | 2012-12-31 | 1.45 | — | — |
Santander Holdings USA debt-to-equity ratio trends
Over the last five fiscal years, Santander Holdings USA's debt-to-equity ratio decreased from 2.36 to 2.36, a change of −0.00. The latest reported quarter, Q2 2026, shows 1.98.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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