SLMSLM +2.58%78 Net Margin % is 54.99% as of Mar. 2026, which is 63% above its 10-year median of 33.74. GuruFocus rates SLM with a GF Score™ of 78/100 and a GF Value™ of $23.95 (Fairly Valued). The stock has 2 warning signs investors should review. Among 534 Credit Services companies, SLM ranks better than 79.78% on this metric.
Net margin is calculated as Net Income divided by its Revenue. SLM's Net Income for the
three
months ended in Mar. 2026 was $308 Mil. SLM's Revenue for the
three
months ended in Mar. 2026 was $560 Mil. Therefore, SLM's net margin for the quarter that ended in Mar. 2026 was 54.99%.
The historical rank and industry rank for SLM's Net Margin % or its related term are showing as below:
SLM'
s Net Margin % Range Over the Past 10 Years
Min: 25.65 Med: 33.74 Max: 57.25
Current: 38.11
SLM's Net Margin % is ranked better than 79.78% of 534
companies
in the Credit Services industry
Industry Median: 14.52
vs SLM: 38.11
SLM (NAS:SLM) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
SLM Net Margin % Related Terms
SLM Net Margin % Historical Data
* Premium members only.
The historical data trend for SLM's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Credit Services subindustry, SLM's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SLM Net Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, SLM's Net Margin % distribution charts can be found below:
* The bar in red indicates where SLM's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SLM (SLM) has a Net Margin % of 54.99% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on SLM and its competitors. This is 63% above median its historical median of 33.74. Over the past decade, SLM's Net Margin % has ranged from 25.65 to 57.25. According to the industry distribution chart, SLM ranks #108 out of 534 companies in the Credit Services industry, placing it in the top 20.2%.
Is SLM's Net Margin % too high?
SLM's current Net Margin % of 54.99% is 63% above median its 10-year median of 33.74. Over the past 10 years, this metric has ranged from a low of 25.65 to a high of 57.25. The Credit Services industry median Net Margin % is 14.52. SLM's value of 54.99% is 278.7% above this industry median. Based on the distribution chart, SLM ranks #108 out of 534 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, SLM has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SLM's Net Margin % compare to ENVA and SEZL?
According to the Credit Services industry distribution chart, SLM ranks #108 out of 534 companies for Net Margin %. This places SLM in the top 20% of its industry — outperforming the majority of peers. The industry median Net Margin % is 14.52. SLM's value of 54.99% is 278.7% above this benchmark. Historically, SLM's own Net Margin % has ranged from 25.65 to 57.25 over the past decade. While the company's 10-year median is 33.74 vs. the industry median of 14.52, SLM has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Credit Services company?
The median Net Margin % among Credit Services companies is 14.52, based on 534 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SLM's current Net Margin % of 54.99% is 278.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on SLM and its competitors. For the Credit Services industry, the median Net Margin % is 14.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SLM's current Net Margin % is 54.99%, which is 63% above median its own 10-year median of 33.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SLM stock overvalued right now?
Based on GuruFocus' analysis, SLM (SLM) is currently considered Fairly Valued. The stock's GF Value™ is $23.95, compared to a current price of $23.84 — trading 0.5% below its estimated fair value. The current Net Margin % is 54.99%, which is 63% above median its 10-year median of 33.74 and 278.7% above the Credit Services industry median of 14.52. SLM's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For SLM (SLM), the current Net Margin % is 54.99% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SLM (SLM) Overvalued in 2026?
Based on GuruFocus' analysis, SLM stock appears to be undervalued.
The current stock price of $23.84 is trading 0.5% below its estimated GF Value™ of $23.95.
GuruFocus considers SLM to be Fairly Valued.
Key valuation signals for SLM:
Net Margin %: 54.99% (63% above median its 10-year median of 33.74)
GF Value™: $23.95 vs. price of $23.84 (0.5% below fair value)
Industry Position: 278.7% above the Credit Services median (#108 of 534)
No single metric tells the full story. See the SLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SLM Corp is an education solutions company. Its business is to originate and service loans to students and their families to finance the cost of their education. The term' Private Education Loans to mean education loans to students or their families that are not made, insured, or guaranteed by any state or federal government.
78GF Score
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