Last 47 quarters of trend data · Financial Services · Banks - Diversified
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Banco Bilbao Vizcaya Argentaria, S.A.'s quarterly P/E stands at 11.5x, up 86.0% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 317.7% YoY to 9.4x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 11.67 | 11.46 | 8.01 | 7.57 | 6.08 | 6.16 | 5.22 | 8.22 | 7.35 | 6.10 | 5.65 | 5.69 | 6.26 |
| — | +86.0% | +53.2% | -8.0% | -17.3% | +1.0% | -7.5% | +44.6% | +17.4% | — | — | -16.1% | -14.7% | |
| P/S Ratio | 3.52 | 1.62 | 2.55 | 1.07 | 1.80 | 2.16 | 1.76 | 2.25 | 2.05 | 1.55 | 0.84 | 1.52 | 1.39 |
| — | -24.9% | +44.6% | -52.3% | -12.3% | +39.3% | +108.5% | +47.8% | +47.9% | +135.6% | -34.7% | +35.9% | -20.8% | |
| P/B Ratio | 1.89 | 1.88 | 1.46 | 1.33 | 0.99 | 1.14 | 1.01 | 1.24 | 0.96 | 0.92 | 0.87 | 0.82 | 0.72 |
| — | +64.6% | +44.1% | +7.0% | +2.4% | +23.7% | +15.9% | +50.3% | +34.1% | +57.1% | +34.6% | +8.5% | -8.9% | |
| P/FCF | — | 1.73 | — | — | — | 1.06 | — | — | 1.21 | — | — | 3.20 | — |
| — | +64.0% | — | — | — | — | — | — | — | — | — | +20.5% | — | |
| EV / EBITDA | 10.08 | 9.43 | 4.91 | 6.67 | 7.59 | 2.26 | 7.19 | 1.94 | 9.63 | 4.12 | 8.44 | 3.60 | 4.88 |
| — | +317.7% | -31.7% | +243.8% | -21.2% | -45.2% | -14.8% | -46.1% | +97.2% | +576.3% | +136.8% | +29.6% | +4.5% | |
| EV / EBIT | 10.95 | 10.35 | 5.36 | 7.25 | 9.55 | 2.71 | 8.69 | 2.69 | 12.72 | 5.95 | 10.84 | 4.01 | 6.39 |
| — | +282.6% | -38.3% | +169.3% | -24.9% | -54.6% | -19.8% | -32.9% | +99.2% | +625.6% | +52.2% | +57.7% | -34.3% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Banco Bilbao Vizcaya Argentaria, S.A.'s operating margin was 21.6% in Q3 2025, down 25.2 pp QoQ and down 35.3 pp YoY. The trailing four-quarter average of 36.2% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 52.7% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | 45.9% | 84.2% | 47.1% | 95.7% | 97.0% | -18.0% | 89.5% | 96.0% | -8.6% | 51.8% | 15.3% | 84.2% |
| — | -52.7% | +568.7% | -47.4% | -0.3% | +1223.2% | -134.7% | +486.1% | +14.1% | -115.0% | -48.2% | -77.2% | -20.9% | |
| Operating Margin | 56.6% | 21.6% | 46.8% | 23.8% | 52.7% | 56.9% | 59.0% | 57.7% | 54.3% | 56.3% | 27.5% | 42.3% | 46.5% |
| — | -62.0% | -20.7% | -58.8% | -2.9% | +1.1% | +114.7% | +36.4% | +16.9% | +69.8% | -54.2% | +55.4% | -36.0% | |
| Net Margin | 31.8% | 14.1% | 31.6% | 14.8% | 29.7% | 35.0% | 34.1% | 28.7% | 31.8% | 26.2% | 15.0% | 26.5% | 24.0% |
| — | -59.6% | -7.4% | -48.6% | -6.8% | +33.7% | +127.8% | +8.2% | +32.7% | +58.3% | -32.2% | +63.7% | -2.2% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.4% | 4.1% | 4.6% | 4.5% | 4.2% | 4.6% | 5.0% | 4.0% | 3.8% | 3.9% | 3.9% | 3.6% | 3.1% |
| — | -10.6% | -7.6% | +14.2% | +10.1% | +17.4% | +26.7% | +9.5% | +21.6% | +5.3% | +40.4% | +32.5% | +15.3% | |
| ROA | 1.3% | 0.3% | 0.4% | 0.3% | 0.3% | 0.3% | 0.4% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | 0.2% |
| — | -7.4% | -0.9% | +25.2% | +17.6% | +25.4% | +32.3% | +9.7% | +24.5% | +8.2% | +39.4% | +28.5% | +5.6% | |
| ROIC | 6.1% | 1.9% | 2.0% | 1.8% | 2.0% | 2.0% | 2.2% | 1.8% | 1.3% | 1.8% | 1.5% | 1.4% | 1.6% |
| — | -2.7% | -6.6% | -3.7% | +46.5% | +11.3% | +44.1% | +27.9% | -13.7% | -7.6% | -22.8% | +19.8% | -24.8% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Banco Bilbao Vizcaya Argentaria, S.A.'s Debt/EBITDA ratio is 25.9x, up from 16.1x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 53.9% YoY to 0.23x, tightening the short-term liquidity position.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.41 | 1.78 | 1.18 | 1.82 | 2.41 | 1.19 | 2.55 | 1.32 | 3.24 | 1.93 | 3.28 | 1.81 | 2.27 |
| — | +50.3% | -53.8% | +37.7% | -25.7% | -38.5% | -22.1% | -26.9% | +42.8% | +27.0% | +37.9% | +29.5% | -4.7% | |
| Debt / EBITDA | 7.45 | 25.93 | 16.15 | 22.79 | 30.50 | 14.53 | 27.92 | 15.35 | 46.34 | 21.24 | 42.35 | 28.34 | 34.05 |
| — | +78.5% | -42.2% | +48.5% | -34.2% | -31.6% | -34.1% | -45.8% | +36.1% | +12.9% | +46.5% | +6.5% | +25.4% | |
| Current Ratio | 0.44 | 0.23 | 0.23 | 0.28 | 0.44 | 0.49 | 0.42 | 0.53 | 0.48 | 0.33 | 0.34 | 0.35 | 0.48 |
| — | -53.9% | -44.4% | -46.8% | -7.5% | +46.4% | +23.4% | +51.5% | -0.0% | -14.8% | -15.2% | -12.1% | -12.9% | |
| Quick Ratio | 0.44 | 0.23 | 0.23 | 0.28 | 0.44 | 0.49 | 0.42 | 0.53 | 0.48 | 0.33 | 0.34 | 0.35 | 0.48 |
| — | -53.9% | -44.4% | -46.8% | -7.5% | +46.4% | +23.4% | +51.5% | -0.0% | -14.8% | -15.2% | -12.1% | -12.9% | |
| Interest Coverage | 0.49 | 0.48 | — | 0.52 | — | — | 0.52 | — | — | 0.60 | 0.67 | 0.60 | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Start ComparisonBanco Bilbao Vizcaya Argentaria, S.A.'s current P/E is 11.7x. The average P/E over the last 4 quarters is 8.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Banco Bilbao Vizcaya Argentaria, S.A.'s current operating margin is 56.6%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Banco Bilbao Vizcaya Argentaria, S.A.'s business trajectory between earnings reports.