Banco Santander S.A. (SAN) — Financial Flexibility Index
Banco Santander S.A. (SAN) has a Financial Flexibility Index of 0.05x as of December 2025. Free cash flow of €83.58 Billion (operating CF €80.93 Billion minus capex €2.65 Billion) represents 0% of total liabilities (€1.75 Trillion). Also explore how fast is Banco Santander S.A. growing its equity to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Banco Santander S.A. Financial Flexibility Index (1991–2025)
Historical Financial Flexibility Index trend for Banco Santander S.A. across 28 annual periods. Check asset allocation strategy of Banco Santander S.A. to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Banco Santander S.A. (1991–2025)
Year-by-year free cash flow to debt coverage for Banco Santander S.A.. For the full company profile including market capitalisation, see SAN market cap.
| Year | Flexibility Index | Free Cash Flow (EUR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.05x | €89.39 Billion | €83.53 Billion | €1.75 Trillion | ▲ +662.6% |
| 2024 | -0.01x | €-15.66 Billion | €-24.16 Billion | €1.73 Trillion | ▼ -116.3% |
| 2023 | 0.06x | €94.20 Billion | €80.56 Billion | €1.69 Trillion | ▲ +136.3% |
| 2022 | 0.02x | €38.55 Billion | €27.71 Billion | €1.64 Trillion | ▼ -48.2% |
| 2021 | 0.05x | €68.09 Billion | €56.69 Billion | €1.50 Trillion | ▼ -13.8% |
| 2020 | 0.05x | €74.67 Billion | €66.15 Billion | €1.42 Trillion | ▲ +324.5% |
| 2019 | 0.01x | €17.53 Billion | €3.39 Billion | €1.41 Trillion | ▲ +7.5% |
| 2018 | 0.01x | €15.61 Billion | €3.42 Billion | €1.35 Trillion | ▼ -68.6% |
| 2017 | 0.04x | €49.18 Billion | €40.19 Billion | €1.34 Trillion | ▲ +50.7% |
| 2016 | 0.02x | €30.16 Billion | €21.82 Billion | €1.24 Trillion | ▲ +37.1% |
| 2015 | 0.02x | €22.09 Billion | €12.86 Billion | €1.24 Trillion | ▲ +426.9% |
| 2014 | 0.00x | €3.97 Billion | €-3.94 Billion | €1.18 Trillion | ▲ +111.0% |
| 2013 | -0.03x | €-31.71 Billion | €-34.85 Billion | €1.04 Trillion | ▼ -228.9% |
| 2012 | 0.02x | €28.21 Billion | €24.32 Billion | €1.19 Trillion | ▼ -29.6% |
| 2011 | 0.03x | €39.39 Billion | €35.99 Billion | €1.17 Trillion | ▼ -32.8% |
| 2010 | 0.05x | €57.01 Billion | €51.87 Billion | €1.14 Trillion | ▲ +502.1% |
| 2009 | -0.01x | €-12.93 Billion | €-18.04 Billion | €1.04 Trillion | ▼ -163.9% |
| 2008 | 0.02x | €19.32 Billion | €15.83 Billion | €989.63 Billion | ▼ -54.0% |
| 2007 | 0.04x | €36.31 Billion | €31.65 Billion | €855.36 Billion | ▲ +170.6% |
| 2006 | -0.06x | €-47.28 Billion | €-52.14 Billion | €786.80 Billion | ▼ -45.2% |
| 2005 | -0.04x | €-31.83 Billion | €-34.27 Billion | €768.97 Billion | ▼ -149.0% |
| 2004 | -0.02x | €-10.44 Billion | €-13.52 Billion | €627.99 Billion | ▼ -106.4% |
| 1996 | 0.26x | €2.50 Billion | €1.56 Billion | €9.54 Billion | ▲ +4.4% |
| 1995 | 0.25x | €1.81 Billion | €1.07 Billion | €7.21 Billion | ▼ -55.5% |
| 1994 | 0.56x | €3.75 Billion | €856.23 Million | €6.66 Billion | ▲ +1647.2% |
| 1993 | 0.03x | €2.00 Billion | €1.57 Billion | €61.91 Billion | ▲ +14.1% |
| 1992 | 0.03x | €1.35 Billion | €884.32 Million | €47.94 Billion | ▲ +9.4% |
| 1991 | 0.03x | €1.10 Billion | €1.10 Billion | €42.55 Billion | — |