SoFi Technologies Inc
NASDAQ:SOFI
Net Margin
SoFi Technologies Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
SoFi Technologies Inc
NASDAQ:SOFI
|
18.5B USD |
17%
|
|
| US |
|
American Express Co
NYSE:AXP
|
218.3B USD |
14%
|
|
| US |
|
Capital One Financial Corp
NYSE:COF
|
134.8B USD |
12%
|
|
| IN |
|
Bajaj Finance Ltd
NSE:BAJFINANCE
|
5.7T INR |
24%
|
|
| US |
|
Discover Financial Services
NYSE:DFS
|
50.4B USD |
25%
|
|
| US |
|
Synchrony Financial
NYSE:SYF
|
25B USD |
16%
|
|
| IN |
|
Cholamandalam Investment and Finance Company Ltd
NSE:CHOLAFIN
|
1.4T INR |
17%
|
|
| KZ |
K
|
Kaspi.kz AO
NASDAQ:KSPI
|
15.9B USD |
48%
|
|
| IN |
|
Shriram Finance Ltd
NSE:SHRIRAMFIN
|
1.3T INR |
23%
|
|
| US |
S
|
Santander Consumer USA Holdings Inc
F:77S
|
11.3B EUR |
40%
|
|
| IN |
|
Muthoot Finance Ltd
NSE:MUTHOOTFIN
|
1T INR |
27%
|
SoFi Technologies Inc
Glance View
SoFi Technologies Inc., born from the bustling innovation corridors of Silicon Valley, began its journey with a bold vision: to redefine the landscape of personal finance. Initially known for its student loan refinancing products, SoFi, short for Social Finance, has significantly broadened its scope. This digital-native company metamorphosed into a one-stop shop financial platform, offering an array of services from personal loans, home loans, and credit cards to investment opportunities and banking services. The platform leans heavily into technology, providing a seamless and often cost-effective alternative to traditional banking for its users, who are often the younger, tech-savvy demographics seeking convenience and low fees. The backbone of SoFi's profitability lies in its ability to capitalize on the cross-selling of its financial products within its ecosystem. By building a comprehensive platform that integrates services like loan refinancing, investment management, and mobile banking, SoFi captures a greater share of each customer's financial activities. This interconnectedness enhances user retention and customer lifetime value. Additionally, SoFi derives revenue from the interest rate spread on its loans and monetizes its service through fees on select financial products and membership privileges, blending a mixture of traditional and innovative revenue streams. The company’s integrated approach, driven by data and technology, ensures it stays at the forefront of financial innovation, continuously widening its moat against both traditional financial institutions and emerging fintech competitors.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on SoFi Technologies Inc's most recent financial statements, the company has Net Margin of 16.9%.
You don't have any saved screeners yet