• SLM average pre-tax profit margin for 2024 was 30.62%, a 37.37% decline from 2023.
• SLM average pre-tax profit margin for 2023 was 22.29%, a 45.87% increase from 2022.
• SLM average pre-tax profit margin for 2022 was 41.18%, a 41.58% decline from 2021.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.