Return On Asset ratio Analysis of SLM Corp - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Poor ROA
1.15
Period Ending - Dec-22
Poor ROA
1.63
Growth
-29.26 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Not Good ROA
2.58
Most recent Quarter ROA
Period Ending - Mar-24
Not Good ROA
1.01
ROA Analysis of SLM Corp
ROA Ratio of SLM drastically fell by -29.26 % this year. |
ROA Ratio with value of 3.97 was highest in Year Dec-21 in last Five Years. |
ROA Ratio with value of 1.15 was lowest in Year Dec-23 in last Five Years. |
Latest ROA Ratio with value of 1.15 is lower than Average ROA of 2.28 in last five years. |
Other ROA Related Info of SLM that may interest you.
SLM Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SLM | 20.44 | 20.03 | 2.05 % | Credit Services |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..![Return On Asset Formula Return On Asset Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROARatio.jpg)
ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Mild Profitability |
FY - Historical Return On Asset of SLM Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 1.15 | 1.63 | 3.97 | 2.86 | 1.77 | 1.93 | 1.51 |
Change | -29.26 % | -59.01 % | 38.76 % | 61.78 % | -8.29 % | 27.76 % | -5.34 % |
FY Chart of Return On Asset of SLM Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)