SAN vs. TW: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at SAN and TW, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
SAN trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, TW is a standard domestic listing.
| Symbol | SAN | TW |
|---|---|---|
| Company Name | Banco Santander, S.A. | Tradeweb Markets Inc. |
| Country | Spain | United States |
| GICS Sector | Financials | Financials |
| GICS Industry | Banks | Capital Markets |
| Market Capitalization | 150.85 billion USD | 22.63 billion USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | July 30, 1987 | April 4, 2019 |
| Security Type | ADR | Common Stock |
Historical Performance
This chart compares the performance of SAN and TW by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | SAN | TW |
|---|---|---|
| 5-Day Price Return | 0.00% | -6.66% |
| 13-Week Price Return | 19.84% | -26.06% |
| 26-Week Price Return | 38.34% | -29.98% |
| 52-Week Price Return | 91.74% | -17.56% |
| Month-to-Date Return | -1.43% | -6.66% |
| Year-to-Date Return | 95.92% | -20.88% |
| 10-Day Avg. Volume | 19.96M | 1.82M |
| 3-Month Avg. Volume | 22.29M | 1.41M |
| 3-Month Volatility | 24.46% | 29.04% |
| Beta | 1.57 | 0.86 |
Profitability
Return on Equity (TTM)
SAN
12.99%
Banks Industry
- Max
- 25.40%
- Q3
- 15.55%
- Median
- 12.00%
- Q1
- 8.98%
- Min
- -0.10%
SAN’s Return on Equity of 12.99% is on par with the norm for the Banks industry, indicating its profitability relative to shareholder equity is typical for the sector.
TW
9.49%
Capital Markets Industry
- Max
- 38.97%
- Q3
- 22.24%
- Median
- 13.52%
- Q1
- 8.61%
- Min
- -4.25%
TW’s Return on Equity of 9.49% is on par with the norm for the Capital Markets industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
SAN
17.09%
Banks Industry
- Max
- 54.20%
- Q3
- 35.73%
- Median
- 28.97%
- Q1
- 22.56%
- Min
- 6.98%
Falling into the lower quartile for the Banks industry, SAN’s Net Profit Margin of 17.09% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.
TW
28.85%
Capital Markets Industry
- Max
- 69.91%
- Q3
- 37.24%
- Median
- 24.30%
- Q1
- 13.06%
- Min
- -15.18%
TW’s Net Profit Margin of 28.85% is aligned with the median group of its peers in the Capital Markets industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
SAN
23.76%
Banks Industry
- Max
- 63.35%
- Q3
- 44.73%
- Median
- 37.24%
- Q1
- 28.25%
- Min
- 12.28%
SAN’s Operating Profit Margin of 23.76% is in the lower quartile for the Banks industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.
TW
38.86%
Capital Markets Industry
- Max
- 84.86%
- Q3
- 47.16%
- Median
- 32.23%
- Q1
- 18.65%
- Min
- -21.87%
TW’s Operating Profit Margin of 38.86% is around the midpoint for the Capital Markets industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | SAN | TW |
|---|---|---|
| Return on Equity (TTM) | 12.99% | 9.49% |
| Return on Assets (TTM) | 0.70% | 7.44% |
| Net Profit Margin (TTM) | 17.09% | 28.85% |
| Operating Profit Margin (TTM) | 23.76% | 38.86% |
| Gross Profit Margin (TTM) | -- | -- |
Financial Strength
Current Ratio (MRQ)
SAN
--
Banks Industry
- Max
- --
- Q3
- --
- Median
- --
- Q1
- --
- Min
- --
For the Banks industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
TW
2.80
Capital Markets Industry
- Max
- 3.37
- Q3
- 1.81
- Median
- 1.01
- Q1
- 0.56
- Min
- 0.04
For the Capital Markets industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
Debt-to-Equity Ratio (MRQ)
SAN
3.14
Banks Industry
- Max
- 5.78
- Q3
- 2.66
- Median
- 1.05
- Q1
- 0.40
- Min
- 0.00
The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Banks industry.
TW
0.00
Capital Markets Industry
- Max
- 6.52
- Q3
- 2.79
- Median
- 0.96
- Q1
- 0.28
- Min
- 0.00
The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Capital Markets industry.
Interest Coverage Ratio (TTM)
SAN
--
Banks Industry
- Max
- --
- Q3
- --
- Median
- --
- Q1
- --
- Min
- --
The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Banks industry.
TW
232.25
Capital Markets Industry
- Max
- 107.59
- Q3
- 48.41
- Median
- 10.85
- Q1
- 4.56
- Min
- -36.26
The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Capital Markets industry.
Financial Strength at a Glance
| Symbol | SAN | TW |
|---|---|---|
| Current Ratio (MRQ) | -- | 2.80 |
| Quick Ratio (MRQ) | -- | 2.80 |
| Debt-to-Equity Ratio (MRQ) | 3.14 | 0.00 |
| Interest Coverage Ratio (TTM) | -- | 232.25 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
SAN
0.00%
Banks Industry
- Max
- 11.03%
- Q3
- 6.00%
- Median
- 3.87%
- Q1
- 2.41%
- Min
- 0.00%
SAN currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
TW
0.38%
Capital Markets Industry
- Max
- 9.02%
- Q3
- 4.54%
- Median
- 2.55%
- Q1
- 1.27%
- Min
- 0.00%
TW’s Dividend Yield of 0.38% is in the lower quartile for the Capital Markets industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
Dividend Payout Ratio (TTM)
SAN
22.00%
Banks Industry
- Max
- 134.24%
- Q3
- 79.39%
- Median
- 55.09%
- Q1
- 36.09%
- Min
- 0.00%
SAN’s Dividend Payout Ratio of 22.00% is in the lower quartile for the Banks industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
TW
16.80%
Capital Markets Industry
- Max
- 199.38%
- Q3
- 99.28%
- Median
- 60.67%
- Q1
- 32.00%
- Min
- 0.00%
TW’s Dividend Payout Ratio of 16.80% is in the lower quartile for the Capital Markets industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
Dividend at a Glance
| Symbol | SAN | TW |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.38% |
| Dividend Payout Ratio (TTM) | 22.00% | 16.80% |
Valuation
Price-to-Earnings Ratio (TTM)
SAN
10.34
Banks Industry
- Max
- 22.69
- Q3
- 13.75
- Median
- 10.32
- Q1
- 7.73
- Min
- 2.59
SAN’s P/E Ratio of 10.34 is within the middle range for the Banks industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
TW
44.66
Capital Markets Industry
- Max
- 51.69
- Q3
- 29.42
- Median
- 17.58
- Q1
- 12.55
- Min
- 5.59
A P/E Ratio of 44.66 places TW in the upper quartile for the Capital Markets industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
Price-to-Sales Ratio (TTM)
SAN
0.89
Banks Industry
- Max
- 4.90
- Q3
- 2.98
- Median
- 2.24
- Q1
- 1.59
- Min
- 0.45
The P/S Ratio is often not a primary valuation tool in the Banks industry.
TW
12.89
Capital Markets Industry
- Max
- 14.65
- Q3
- 7.29
- Median
- 4.53
- Q1
- 2.26
- Min
- 0.04
TW’s P/S Ratio of 12.89 is in the upper echelon for the Capital Markets industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio (MRQ)
SAN
0.93
Banks Industry
- Max
- 2.09
- Q3
- 1.40
- Median
- 1.11
- Q1
- 0.86
- Min
- 0.29
SAN’s P/B Ratio of 0.93 is within the conventional range for the Banks industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
TW
5.12
Capital Markets Industry
- Max
- 10.83
- Q3
- 5.12
- Median
- 2.66
- Q1
- 1.19
- Min
- 0.37
TW’s P/B Ratio of 5.12 is within the conventional range for the Capital Markets industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | SAN | TW |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 10.34 | 44.66 |
| Price-to-Sales Ratio (TTM) | 0.89 | 12.89 |
| Price-to-Book Ratio (MRQ) | 0.93 | 5.12 |
| Price-to-Free Cash Flow Ratio (TTM) | 7.71 | 26.20 |