Banco Santander, S.A Operating Margin 2010-2025 | SAN
- Banco Santander, S.A average operating margin for 2024 was 24.51%, a 9.99% decline from 2023.
- 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.
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.