35/100B11.755
USD
-0.26
(-2.12%)
Post Trading·11.750USD-0.005(-0.04%)
Fair value8.90Plus+32%6Price 11.7616
Q4 FY2026 · Earnings report
EPS estimate 0.27Revenue estimate 18.70B
Q4 FY2026 · Earnings report
EPS estimate 0.27Revenue estimate 18.70B
Banco Santander SA debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Banco Santander SA's debt to equity ratio is 4.30: total debt of 487.92B EUR against shareholders' equity of 113.40B EUR.
- Today
- 4.30
- Average, 5 years
- 3.50
- Low, 5 years
- 2.74
- High, 5 years
- 4.90
Debt to equity = total debt ÷ shareholders' equity = 487.92B ÷ 113.40B = 4.30
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 4.30 | 487.92B | 113.40B | |
| FY2025 | 31 Dec 2025 | 4.81 | 496.64B | 103.17B |
| FY2024 | 31 Dec 2024 | 4.90 | 483.38B | 98.60B |
| FY2023 | 31 Dec 2023 | 3.26 | 310.98B | 95.42B |
| FY2022 | 31 Dec 2022 | 4.78 | 425.75B | 89.10B |
| FY2021 | 31 Dec 2021 | 3.85 | 334.39B | 86.93B |
| FY2020 | 31 Dec 2020 | 3.95 | 322.17B | 81.48B |
| FY2019 | 31 Dec 2019 | 3.75 | 375.65B | 100.07B |
| FY2018 | 31 Dec 2018 | 2.56 | 246.62B | 96.47B |
| FY2017 | 31 Dec 2017 | 2.31 | 217.97B | 94.49B |
| FY2016 | 31 Dec 2016 | 2.52 | 228.87B | 90.94B |
| FY2015 | 31 Dec 2015 | 2.57 | 226.16B | 88.04B |
| FY2014 | 31 Dec 2014 | 2.64 | 213.70B | 80.81B |
| FY2013 | 31 Dec 2013 | 2.71 | 191.62B | 70.59B |
| FY2012 | 31 Dec 2012 | 3.12 | 224.21B | 71.80B |
| FY2011 | 31 Dec 2011 | 2.88 | 220.29B | 76.41B |
| FY2010 | 31 Dec 2010 | 2.97 | 222.98B | 75.02B |
| FY2009 | 31 Dec 2009 | 6.69 | 459.56B | 68.67B |
| FY2008 | 31 Dec 2008 | 8.76 | 504.54B | 57.59B |
| FY2007 | 31 Dec 2007 | 4.57 | 252.39B | 55.20B |
| FY2006 | 31 Dec 2006 | 4.85 | 217.35B | 44.85B |
| FY2005 | 31 Dec 2005 | 3.97 | 157.80B | 39.78B |
| FY2004 | 31 Dec 2004 | 3.76 | 129.54B | 34.41B |
| FY2003 | 31 Dec 2003 | 0.11 | 11.20B | 100.47B |
| FY2002 | 31 Dec 2002 | 4.47 | 94.65B | 21.19B |
| FY2001 | 31 Dec 2001 | 4.75 | 108.72B | 22.89B |
| FY2000 | 31 Dec 2000 | 5.41 | 113.22B | 20.94B |
| FY1999 | 31 Dec 1999 | 3.29 | 32.23B | 9.78B |
| FY1998 | 31 Dec 1998 | 3.56 | 18.24B | 5.12B |
| FY1997 | 31 Dec 1997 | 3.10 | 12.41B | 4.01B |
| FY1996 | 31 Dec 1996 | 2.54 | 9.54B | 3.76B |
| FY1995 | 31 Dec 1995 | 1.72 | 7.21B | 4.19B |
| FY1994 | 31 Dec 1994 | 1.77 | 6.66B | 3.76B |
| FY1993 | 31 Dec 1993 | 1.00 | 2.62B | 2.63B |
| FY1992 | 31 Dec 1992 | 0.70 | 1.55B | 2.21B |
| FY1991 | 31 Dec 1991 | 5.95 | 12.23B | 2.05B |
| FY1990 | 31 Dec 1990 | — | — | — |
| FY1989 | 31 Dec 1989 | — | — | — |
| FY1988 | 31 Dec 1988 | — | — | — |
| FY1987 | 31 Dec 1987 | — | — | — |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 4.30 | 487.92B | 113.40B |
| Q2 FY2026 | 30 Jun 2026 | 4.12 | 450.66B | 109.30B |
| Q1 FY2026 | 31 Mar 2026 | 4.09 | 434.25B | 106.14B |
| Q4 FY2025 | 31 Dec 2025 | 4.81 | 496.64B | 103.17B |
| Q3 FY2025 | 29 Sept 2025 | 3.13 | 270.33B | 86.30B |
| Q2 FY2025 | 30 Jun 2025 | 3.10 | 311.96B | 100.50B |
| Q1 FY2025 | 31 Mar 2025 | 3.14 | 318.22B | 101.39B |
| Q4 FY2024 | 31 Dec 2024 | 4.90 | 483.38B | 98.60B |
| Q3 FY2024 | 30 Sept 2024 | 3.33 | 321.93B | 96.60B |
| Q2 FY2024 | 30 Jun 2024 | 3.25 | 311.86B | 95.87B |
| Q1 FY2024 | 31 Mar 2024 | 3.29 | 316.56B | 96.26B |
| Q4 FY2023 | 31 Dec 2023 | 3.26 | 310.98B | 95.42B |
| Q3 FY2023 | 30 Sept 2023 | 3.20 | 301.27B | 94.20B |
| Q2 FY2023 | 30 Jun 2023 | 3.12 | 291.55B | 93.47B |
| Q1 FY2023 | 31 Mar 2023 | 3.17 | 286.76B | 90.56B |
| Q4 FY2022 | 31 Dec 2022 | 3.18 | 282.96B | 89.10B |
| Q3 FY2022 | 30 Sept 2022 | 3.13 | 285.03B | 91.02B |
| Q2 FY2022 | 30 Jun 2022 | 2.91 | 260.65B | 89.51B |
| Q1 FY2022 | 31 Mar 2022 | 2.74 | 247.81B | 90.39B |
| Q4 FY2021 | 31 Dec 2021 | 3.85 | 334.39B | 86.93B |
| Q3 FY2021 | 30 Sept 2021 | 2.86 | 244.28B | 85.39B |
| Q2 FY2021 | 30 Jun 2021 | 2.85 | 243.23B | 85.37B |
| Q1 FY2021 | 31 Mar 2021 | 2.97 | 245.30B | 82.47B |
| Q4 FY2020 | 31 Dec 2020 | 3.95 | 322.17B | 81.48B |
| Q3 FY2020 | 30 Sept 2020 | 2.99 | 244.56B | 81.75B |
| Q2 FY2020 | 30 Jun 2020 | 3.15 | 258.78B | 82.26B |
| Q1 FY2020 | 31 Mar 2020 | 2.72 | 261.89B | 96.38B |
| Q4 FY2019 | 31 Dec 2019 | 3.75 | 375.65B | 100.07B |
| Q3 FY2019 | 30 Sept 2019 | 2.64 | 258.29B | 97.95B |
| Q2 FY2019 | 30 Jun 2019 | 2.58 | 254.79B | 98.63B |
| Q1 FY2019 | 31 Mar 2019 | 2.53 | 250.26B | 98.85B |
| Q4 FY2018 | 31 Dec 2018 | 2.56 | 246.62B | 96.47B |
| Q3 FY2018 | 30 Sept 2018 | 2.46 | 234.03B | 94.98B |
| Q2 FY2018 | 30 Jun 2018 | 2.41 | 226.78B | 94.05B |
| Q1 FY2018 | 31 Mar 2018 | 2.36 | 223.99B | 94.97B |
| Q4 FY2017 | 31 Dec 2017 | 2.31 | 217.97B | 94.49B |
| Q3 FY2017 | 30 Sept 2017 | 2.28 | 218.64B | 95.90B |
| Q2 FY2017 | 30 Jun 2017 | 2.52 | 223.73B | 88.77B |
| Q1 FY2017 | 31 Mar 2017 | 2.39 | 221.39B | 92.58B |
| Q4 FY2016 | 31 Dec 2016 | 2.52 | 228.87B | 90.94B |
| Q3 FY2016 | 30 Sept 2016 | 2.57 | 228.67B | 88.90B |
| Q2 FY2016 | 30 Jun 2016 | 2.61 | 230.99B | 88.61B |
| Q1 FY2016 | 31 Mar 2016 | 2.54 | 221.61B | 87.32B |
| Q4 FY2015 | 31 Dec 2015 | 2.57 | 226.16B | 88.04B |
| Q3 FY2015 | 30 Sept 2015 | 2.46 | 216.86B | 88.32B |
| Q2 FY2015 | 30 Jun 2015 | 2.41 | 220.29B | 91.50B |
| Q1 FY2015 | 31 Mar 2015 | 2.48 | 228.06B | 91.92B |
| Q4 FY2014 | 31 Dec 2014 | 2.64 | 213.70B | 80.81B |
| Q3 FY2014 | 30 Sept 2014 | 2.74 | 212.73B | 77.59B |
| Q2 FY2014 | 30 Jun 2014 | 2.80 | 210.54B | 75.18B |
| Q1 FY2014 | 31 Mar 2014 | 2.79 | 202.27B | 72.38B |
| Q4 FY2013 | 31 Dec 2013 | 2.71 | 191.62B | 70.59B |
| Q3 FY2013 | 30 Sept 2013 | 2.74 | 196.74B | 71.82B |
| Q2 FY2013 | 30 Jun 2013 | 2.87 | 204.72B | 71.30B |
| Q1 FY2013 | 31 Mar 2013 | 2.99 | 218.57B | 73.14B |
| Q4 FY2012 | 31 Dec 2012 | 3.00 | 224.21B | 74.65B |
| Q3 FY2012 | 30 Sept 2012 | 0.26 | 19.09B | 74.57B |
| Q2 FY2012 | 30 Jun 2012 | 3.69 | 271.55B | 73.64B |
| Q1 FY2012 | 31 Mar 2012 | — | — | — |
| Q4 FY2011 | 31 Dec 2011 | 2.88 | 220.29B | 76.41B |
| Q3 FY2011 | 30 Sept 2011 | 0.36 | 25.85B | 72.63B |
| Q2 FY2011 | 30 Jun 2011 | 0.00 | 0.00 | 77.70B |
| Q1 FY2011 | 31 Mar 2011 | 0.36 | 26.43B | 73.78B |
| Q4 FY2010 | 31 Dec 2010 | 2.97 | 222.98B | 75.02B |
| Q3 FY2010 | 30 Sept 2010 | 0.57 | 40.21B | 70.89B |
| Q2 FY2010 | 30 Jun 2010 | 3.43 | 247.92B | 72.29B |
| Q1 FY2010 | 31 Mar 2010 | 3.51 | 245.47B | 69.99B |
| Q4 FY2009 | 31 Dec 2009 | 6.69 | 459.56B | 68.67B |
| Q3 FY2009 | 30 Sept 2009 | 3.75 | 251.32B | 66.96B |
| Q2 FY2009 | 30 Jun 2009 | 0.00 | 0.00 | 64.16B |
| Q1 FY2009 | 31 Mar 2009 | 4.54 | 268.71B | 59.24B |
| Q4 FY2008 | 31 Dec 2008 | 8.76 | 504.54B | 57.59B |
| Q3 FY2008 | 30 Sept 2008 | 5.05 | 271.65B | 53.74B |
| Q2 FY2008 | 30 Jun 2008 | 5.11 | 273.47B | 53.46B |
| Q1 FY2008 | 31 Mar 2008 | 0.68 | 34.91B | 51.64B |
| Q4 FY2007 | 31 Dec 2007 | 4.57 | 252.39B | 55.20B |
| Q3 FY2007 | 30 Sept 2007 | 0.69 | 31.93B | 46.56B |
| Q2 FY2007 | 30 Jun 2007 | 0.00 | 0.00 | 43.95B |
| Q1 FY2007 | 31 Mar 2007 | 7.02 | 316.77B | 45.11B |
| Q4 FY2006 | 31 Dec 2006 | 4.85 | 217.35B | 44.85B |
| Q3 FY2006 | 30 Sept 2006 | 0.69 | 31.12B | 44.91B |
| Q2 FY2006 | 30 Jun 2006 | 0.72 | 30.26B | 42.10B |
| Q1 FY2006 | 31 Mar 2006 | 3.82 | 159.31B | 41.76B |
| Q4 FY2005 | 31 Dec 2005 | 3.97 | 157.80B | 39.78B |
| Q3 FY2005 | 30 Sept 2005 | 0.49 | 22.74B | 46.66B |
| Q2 FY2005 | 30 Jun 2005 | 0.50 | 22.87B | 45.55B |
| Q1 FY2005 | 31 Mar 2005 | 2.92 | 122.95B | 42.12B |
| Q4 FY2004 | 31 Dec 2004 | 3.76 | 129.54B | 34.41B |
| Q3 FY2004 | 30 Sept 2004 | 3.39 | 77.68B | 22.94B |
| Q2 FY2004 | 30 Jun 2004 | 5.41 | 125.46B | 23.18B |
| Q1 FY2004 | 31 Mar 2004 | 4.76 | 117.31B | 24.62B |
| Q4 FY2003 | 31 Dec 2003 | 0.11 | 11.20B | 100.47B |
| Q3 FY2003 | 30 Sept 2003 | 5.06 | 120.80B | 23.89B |
| Q2 FY2003 | 30 Jun 2003 | 4.73 | 105.83B | 22.36B |
| Q1 FY2003 | 31 Mar 2003 | 4.20 | 99.75B | 23.74B |
| Q4 FY2002 | 31 Dec 2002 | 4.47 | 94.65B | 21.19B |
| Q3 FY2002 | 30 Sept 2002 | 3.99 | 96.52B | 24.18B |
| Q2 FY2002 | 30 Jun 2002 | 4.32 | 102.39B | 23.73B |
| Q1 FY2002 | 31 Mar 2002 | 4.55 | 101.64B | 22.32B |
| Q4 FY2001 | 31 Dec 2001 | 4.75 | 108.72B | 22.89B |
| Q3 FY2001 | 30 Sept 2001 | 5.07 | 115.37B | 22.77B |
| Q2 FY2001 | 30 Jun 2001 | 5.43 | 114.45B | 21.06B |
| Q1 FY2001 | 31 Mar 2001 | 5.90 | 117.41B | 19.91B |
| Q4 FY2000 | 31 Dec 2000 | 5.41 | 113.22B | 20.94B |
| Q3 FY2000 | 30 Sept 2000 | 5.40 | 110.39B | 20.43B |
| Q2 FY2000 | 30 Jun 2000 | 7.41 | 110.47B | 14.91B |
| Q1 FY2000 | 31 Mar 2000 | 9.22 | 97.78B | 10.60B |
| Q4 FY1999 | 31 Dec 1999 | 3.29 | 32.23B | 9.78B |
| Q3 FY1999 | 30 Sept 1999 | 2.54 | 27.12B | 10.67B |
| Q2 FY1999 | 30 Jun 1999 | 2.38 | 24.68B | 10.36B |
| Q1 FY1999 | 31 Mar 1999 | 2.00 | 21.21B | 10.58B |
| Q4 FY1998 | 31 Dec 1998 | 3.56 | 18.24B | 5.12B |
| Q3 FY1998 | 30 Sept 1998 | — | — | — |
| Q2 FY1998 | 30 Jun 1998 | — | — | — |
| Q1 FY1998 | 31 Mar 1998 | — | — | — |
| Q4 FY1997 | 31 Dec 1997 | 3.10 | 12.41B | 4.01B |
| Q3 FY1997 | 30 Sept 1997 | — | — | — |
| Q2 FY1997 | 30 Jun 1997 | — | — | — |
| Q1 FY1997 | 31 Mar 1997 | — | — | — |
| Q4 FY1996 | 31 Dec 1996 | 2.54 | 9.54B | 3.76B |
| Q3 FY1996 | 30 Sept 1996 | — | — | — |
| Q2 FY1996 | 30 Jun 1996 | — | — | — |
| Q1 FY1996 | 31 Mar 1996 | — | — | — |
| Q4 FY1995 | 31 Dec 1995 | 1.72 | 7.21B | 4.19B |
| Q3 FY1995 | 30 Sept 1995 | — | — | — |
| Q2 FY1995 | 30 Jun 1995 | — | — | — |
| Q1 FY1995 | 31 Mar 1995 | — | — | — |
| Q4 FY1994 | 31 Dec 1994 | 1.77 | 6.66B | 3.76B |
| Q3 FY1994 | 30 Sept 1994 | — | — | — |
| Q2 FY1994 | 30 Jun 1994 | — | — | — |
| Q1 FY1994 | 31 Mar 1994 | — | — | — |
| Q4 FY1993 | 31 Dec 1993 | 1.00 | 2.62B | 2.63B |
| Q3 FY1993 | 30 Sept 1993 | — | — | — |
| Q2 FY1993 | 30 Jun 1993 | — | — | — |
| Q1 FY1993 | 31 Mar 1993 | — | — | — |
| Q4 FY1992 | 31 Dec 1992 | 0.70 | 1.55B | 2.21B |
| Q3 FY1992 | 30 Sept 1992 | — | — | — |
| Q2 FY1992 | 30 Jun 1992 | — | — | — |
| Q1 FY1992 | 31 Mar 1992 | — | — | — |
| Q4 FY1991 | 31 Dec 1991 | 5.95 | 12.23B | 2.05B |
| Q3 FY1991 | 30 Sept 1991 | — | — | — |
| Q2 FY1991 | 30 Jun 1991 | — | — | — |
| Q1 FY1991 | 31 Mar 1991 | — | — | — |
| Q4 FY1990 | 31 Dec 1990 | — | — | — |
| Q3 FY1990 | 30 Sept 1990 | — | — | — |
| Q2 FY1990 | 30 Jun 1990 | — | — | — |
| Q1 FY1990 | 31 Mar 1990 | — | — | — |
| Q4 FY1989 | 31 Dec 1989 | — | — | — |
| Q3 FY1989 | 30 Sept 1989 | — | — | — |
| Q2 FY1989 | 30 Jun 1989 | — | — | — |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | — | — | — |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | — | — | — |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
Figures in EUR. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,ROE (return on equity),All ratios
Common questions about Banco Santander SA's debt to equity
Source: Financial Modeling Prep