Banco Santander S.A. (SAN) — Cash Flow Quality Index
Banco Santander S.A. (SAN) has a Cash Flow Quality Index of 38.01x as of December 2025. Operating cash flow of €80.93 Billion exceeds net income of €2.13 Billion, indicating high earnings quality where cash backs reported profits. Explore Banco Santander S.A. operating cash flow efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Banco Santander S.A. Cash Flow Quality Index (1991–2025)
Historical Cash Flow Quality Index for Banco Santander S.A. across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Banco Santander S.A. investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Banco Santander S.A. (1991–2025)
Year-by-year earnings quality comparison for Banco Santander S.A.. For live market cap and the full company financial profile, see Banco Santander S.A. market cap and net worth.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 6.65x | €83.53 Billion | €12.56 Billion | ▲ +446.2% |
| 2024 | -1.92x | €-24.16 Billion | €12.57 Billion | ▼ -126.4% |
| 2023 | 7.27x | €80.56 Billion | €11.08 Billion | ▲ +182.6% |
| 2022 | 2.57x | €27.71 Billion | €10.76 Billion | ▼ -56.2% |
| 2021 | 5.87x | €56.69 Billion | €9.65 Billion | ▲ +1306.4% |
| 2019 | 0.42x | €3.39 Billion | €8.12 Billion | ▲ +13.9% |
| 2018 | 0.37x | €3.42 Billion | €9.31 Billion | ▼ -92.5% |
| 2017 | 4.90x | €40.19 Billion | €8.21 Billion | ▲ +68.0% |
| 2016 | 2.92x | €21.82 Billion | €7.49 Billion | ▲ +66.3% |
| 2015 | 1.75x | €12.86 Billion | €7.33 Billion | ▲ +408.6% |
| 2014 | -0.57x | €-3.94 Billion | €6.93 Billion | ▲ +91.0% |
| 2013 | -6.31x | €-34.85 Billion | €5.52 Billion | ▼ -177.0% |
| 2012 | 8.20x | €24.32 Billion | €2.97 Billion | ▲ +39.8% |
| 2011 | 5.86x | €35.99 Billion | €6.14 Billion | ▲ +2.9% |
| 2010 | 5.70x | €51.87 Billion | €9.10 Billion | ▲ +397.4% |
| 2009 | -1.92x | €-18.04 Billion | €9.41 Billion | ▼ -213.0% |
| 2008 | 1.70x | €15.83 Billion | €9.33 Billion | ▼ -48.4% |
| 2007 | 3.28x | €31.65 Billion | €9.64 Billion | ▲ +151.9% |
| 2006 | -6.32x | €-52.14 Billion | €8.25 Billion | ▼ -24.4% |
| 2005 | -5.08x | €-34.27 Billion | €6.74 Billion | ▼ -64.9% |
| 2004 | -3.08x | €-13.52 Billion | €4.39 Billion | ▼ -246.1% |
| 1996 | 2.11x | €1.56 Billion | €738.07 Million | ▲ +29.1% |
| 1995 | 1.63x | €1.07 Billion | €652.55 Million | ▲ +18.1% |
| 1994 | 1.38x | €856.23 Million | €618.53 Million | ▼ -63.2% |
| 1993 | 3.77x | €1.57 Billion | €416.47 Million | ▲ +81.7% |
| 1992 | 2.07x | €884.32 Million | €426.52 Million | ▲ +3.7% |
| 1991 | 2.00x | €1.10 Billion | €549.65 Million | — |