• SLM average return on equity for 2023 was 23.1, a 32% increase from 2022.
• SLM average return on equity for 2022 was 33.97, a 35.23% decline from 2021.
• SLM average return on equity for 2021 was 52.45, a 92.05% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.