Slm (SLM) Net Margin (2009 - 2026)
Slm (SLM) reported Net Margin of -9.56% for Q3 2026, down 33.73 percentage points from 24.16% a year earlier and down 23.26 percentage points from the prior quarter.
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Analysis
Slm (SLM) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Slm's Net Margin came in at 30.87%, down 0.73 percentage points year-over-year; for FY2025, it came in at 36.74%, up 4.83 percentage points from FY2024.
- Net Margin has increased for three consecutive years, though with a five-year change of -11.34 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 31.91% in FY2024 (+0.76 pp), 31.15% in FY2023 (+5.93 pp), 25.23% in FY2022 (-31.79 pp) and 57.01% in FY2021 (+8.93 pp).
- The Q3 2026 figure ranks as the lowest quarterly Net Margin since Q3 2024.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of -1.74 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2023 (a gain of 60.58 percentage points); the low point was Q4 2022 (a drop of 82.28 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 13.70% (Q2 2026), 54.36% (Q1 2026) and 50.51% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 21.59% |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 20.96% |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 25.03% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 12.38% |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 48.93% |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 13.01% |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 17.58% |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | -121.54% |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 41.81% |
| 10 | Slm | 3.07 Bn | -13.28 Bn | - | -9.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -9.56% |
| Jun 30, 2026 | 13.70% |
| Mar 31, 2026 | 54.36% |
| Dec 31, 2025 | 50.51% |
| Sep 30, 2025 | 24.16% |
| Jun 30, 2025 | 16.68% |
| Mar 31, 2025 | 51.73% |
| Dec 31, 2024 | 27.49% |
| Sep 30, 2024 | -12.97% |
| Jun 30, 2024 | 48.13% |
| Mar 31, 2024 | 50.84% |
| Dec 31, 2023 | 36.96% |
| Sep 30, 2023 | 6.05% |
| Jun 30, 2023 | 49.14% |
| Mar 31, 2023 | 26.82% |
| Dec 31, 2022 | -23.62% |
| Sep 30, 2022 | 15.63% |
| Jun 30, 2022 | 54.80% |
| Mar 31, 2022 | 32.13% |
| Dec 31, 2021 | 58.66% |
API Access
Slm Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SLM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SLM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SLM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();