Sallie Mae
SLM
#2729
Rank
$4.70 B
Marketcap
$21.40
Share price
0.73%
Change (1 day)
43.47%
Change (1 year)

Operating Margin for Sallie Mae (SLM)

Operating Margin as of May 2024 (TTM): 29.53%

According to Sallie Mae's latest financial reports and stock price the company's current Operating Margin is 29.53%. At the end of 2022 the company had an Operating Margin of 34.59%.

Operating Margin history for Sallie Mae from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202234.59%-54.47%
202175.98%19.26%
202063.71%43.24%
201944.48%8.23%
201841.09%-5.83%
201743.63%1.09%
201643.16%-12.99%
201549.61%9.36%
201445.36%-11.91%
201351.49%27.53%
201240.38%46.13%
201127.63%14.08%
201024.22%4.44%
200923.19%-209.96%
2008-21.09%-8.71%
2007-23.10%-142.01%
200654.99%-9.9%
200561.03%-9.65%
200467.55%-2.89%
200369.56%27%
200254.77%66.25%
200132.94%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
4.79%-83.78%๐Ÿ‡บ๐Ÿ‡ธ USA
10.93%-62.99%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.