SLM Profit Margin 2010-2024 | SLM
Current and historical gross margin, operating margin and net profit margin for SLM (SLM) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. SLM net profit margin as of June 30, 2024 is 24.67%.
| SLM Annual Profit Margins |
| SLM Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Finance - Consumer Loands |
$5.002B |
$2.839B |
|
SLM Corporation (Sallie Mae) is a bellwether in education finance in the United States, with market presence for more than 40 years. The company is the nation's saving, planning, and paying for college company. Whether college is a long way off or just around the corner, Sallie Mae offers products that promote responsible personal finance, including private education loans, Upromise rewards, scholarship search, college financial planning tools, and online retail banking. It also offers a range of deposit products insured by the Federal Deposit Insurance Corporation ('FDIC'). The company's Private Education Loans portfolio consists of education loans to students or their families, which are not made, insured or guaranteed by any state or federal government. The company also undertakes additional funding, liquidity and revenues through the sale or securitization of loan assets, which it originates as well as the servicing of the loan assets that are sold to third parties.
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