Return On Asset ratio Analysis of SLM Corp - Deep Dive


Latest FY ROA
Period Ending - Dec-23

1.15


Poor ROA
Period Ending - Dec-22
1.63

Poor ROA
Growth
-29.26 %
Trailing Twelve Months ROA
Period Ending - Dec-23

2.58


Not Good ROA
Most recent Quarter ROA
Period Ending - Mar-24

1.01


Not Good ROA
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
CodePricePrevious PricePrice ChangeSector
SLM20.4420.03 2.05 % Credit Services
Fundamental AnalysisTechnical Analysis
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

ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio

Tsr Profitability Index
Mild Profitability
FY - Historical Return On Asset of SLM Corp
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA1.151.633.972.861.771.931.51
Change-29.26 %-59.01 %38.76 %61.78 %-8.29 %27.76 %-5.34 %
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FY Chart of Return On Asset of SLM Corp


Note : All Data Generated at the End of Trading Hours (EOD Data)