Banco Santander S.A. Cash Flow Quality Index
Banco Santander S.A. cash flow quality index. Banco Santander S.A. (SAN) has a Cash Flow Quality Index of -0.16x as of June 2026. Operating cash flow of €-562.00 Million is below net income of €3.52 Billion, suggesting accrual-heavy earnings not yet converted to cash. See SAN free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Banco Santander S.A. (1991–2025)
Cash flow quality index of Banco Santander S.A. from 1991 to 2025. Historical Cash Flow Quality Index for Banco Santander S.A. across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore SAN operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Banco Santander S.A. Cash Flow Quality Index by Year (1991–2025)
Banco Santander S.A. cash flow quality index by year from 1991 to 2025. Year-by-year earnings quality comparison for Banco Santander S.A.. For the full cash flow conversion analysis, see Banco Santander S.A. cash flow conversion.
| 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 | — |