Banco Santander, S.A Operating Margin 2010-2024 | SAN

Banco Santander, S.A operating margin for the quarter ending September 30, 2024 was 24.59%.

  • Banco Santander, S.A average operating margin for 2023 was 27.23%, a 23.68% decline from 2022.
  • Banco Santander, S.A average operating margin for 2022 was 35.68%, a 104.24% decline from 2021.
  • Banco Santander, S.A average operating margin for 2021 was 17.47%, a 29.24% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.
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