SLM · Slm Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $4.33M | - | - | - | $3.95M | - | - | - | $4.71M | - |
| Operating Income | $400.35M | - | $185.81M | $87.63M | $403.12M | - | ($59.56M) | $338.55M | $387.49M | - |
| Interest Expense | - | - | - | - | - | - | - | - | $276.54M | - |
| Income Tax | $92.40M | - | $49.96M | $16.36M | $98.58M | - | ($14.41M) | $86.55M | $97.55M | - |
| Net Income | $307.95M | - | $135.85M | $71.27M | $304.54M | - | ($45.15M) | $251.99M | $289.93M | - |
| EPS - Basic | $1.56 | - | $0.64 | $0.32 | $1.43 | - | ($0.23) | $1.13 | $1.29 | - |
| EPS - Diluted | $1.54 | - | $0.63 | $0.32 | $1.40 | - | ($0.23) | $1.11 | $1.27 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.16B | $4.24B | $3.54B | $4.09B | $3.70B | $4.70B | $4.49B | $5.26B | $3.58B | $4.15B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $29.41B | $29.75B | $29.61B | $29.60B | $28.90B | $30.07B | $30.01B | $28.77B | $28.28B | $29.17B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $5.67B | $5.36B | $6.84B | $6.41B | $6.15B | $6.44B | $6.04B | $5.40B | $4.98B | $5.23B |
| Total Liabilities | $26.97B | $27.29B | $27.26B | $27.23B | $26.50B | $27.91B | $27.88B | $26.49B | $26.16B | $27.29B |
| Stockholders' Equity | $2.44B | $2.45B | $2.13B | $2.11B | $2.40B | $2.16B | $2.13B | $2.28B | $2.11B | $1.88B |
| Retained Earnings | $5.01B | $4.73B | $4.53B | $4.43B | $4.39B | $4.11B | $4.03B | $4.11B | $3.88B | $3.62B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($75.96M) | - | - | - | ($146.05M) | - | - | - | ($76.71M) | - |
| Investing Cash Flow | $1.59B | - | - | - | $496.93M | - | - | - | $572.33M | - |
| Financing Cash Flow | ($550.35M) | - | - | - | ($1.36B) | - | - | - | ($1.06B) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 23.1% | - | 26.9% | 18.7% | 24.5% | - | - | 25.6% | 25.2% | - |
| Return on assets | 1.0% | - | 0.5% | 0.2% | 1.1% | - | -0.2% | 0.9% | 1.0% | - |
| Return on equity | 12.6% | - | 6.4% | 3.4% | 12.7% | - | -2.1% | 11.0% | 13.7% | - |
| Return on invested capital | 3.8% | - | 1.5% | 0.8% | 3.6% | - | -0.6% | 3.3% | 4.1% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 2.33 | 2.19 | 3.21 | 3.03 | 2.56 | 2.98 | 2.83 | 2.37 | 2.35 | 2.78 |
| Debt / Assets | 0.19 | 0.18 | 0.23 | 0.22 | 0.21 | 0.21 | 0.20 | 0.19 | 0.18 | 0.18 |
| Debt / EBITDA | 14.01 | - | - | - | 15.10 | - | - | - | 12.69 | - |
| Interest coverage | - | - | - | - | - | - | - | - | 1.4x | - |
| Equity multiplier | 12.06 | 12.13 | 13.87 | 14.01 | 12.04 | 13.92 | 14.07 | 12.60 | 13.38 | 15.51 |
| Liabilities / Assets | 0.92 | 0.92 | 0.92 | 0.92 | 0.92 | 0.93 | 0.93 | 0.92 | 0.93 | 0.94 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 13.9x | - | 43.9x | 102.5x | 21.0x | - | - | 18.7x | 17.2x | - |
| P / B | 1.7x | - | 2.7x | 3.3x | 2.6x | - | 2.3x | 2.0x | 2.3x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | 11.7x | - | - | - | 21.5x | - | - | - | 16.0x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -0.7% | - | - | -74.1% | 4.0% | - | - | -5.0% | 148.6% | - |
| Net income growth (YoY) | 1.1% | - | - | -71.7% | 5.0% | - | - | -4.9% | 144.6% | - |
| EPS growth (YoY) | 10.0% | - | - | -71.2% | 10.2% | - | - | 0.9% | 170.2% | - |
| EPS CAGR (3y) | 48.5% | - | 29.5% | -37.2% | 46.0% | - | - | 36.1% | -10.1% | - |
| EPS CAGR (5y) | -2.5% | - | 7.0% | - | 10.0% | - | - | 26.7% | 29.4% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 1.5% | 13.5% | 0.0% | -7.4% | 13.6% | 14.8% | 18.6% | 26.4% | 15.7% | 8.9% |
Peer comparison
Same SIC group: Personal Credit Institutions
Comparing SLM Corp against the 5 most active filers in the same SIC group.
Dividends
$0.39/share trailing 12 months · -36.1% YoY
| Ex-date | Per share |
|---|---|
| Mar 5, 2026 | $0.1300 |
| Dec 4, 2025 | $0.1300 |
| Sep 4, 2025 | $0.1300 |
| Jun 5, 2025 | $0.1300 |
| Mar 5, 2025 | $0.1300 |
| Dec 5, 2024 | $0.1300 |
| Sep 5, 2024 | $0.1100 |
| Jun 6, 2024 | $0.1100 |
| Mar 1, 2024 | $0.1100 |
| Dec 1, 2023 | $0.1100 |
| Aug 31, 2023 | $0.1100 |
| Jun 1, 2023 | $0.1100 |
| Mar 2, 2023 | $0.1100 |
| Dec 1, 2022 | $0.1100 |
| Sep 1, 2022 | $0.1100 |
| Jun 2, 2022 | $0.1100 |
| Mar 3, 2022 | $0.1100 |
| Dec 2, 2021 | $0.1100 |
| Sep 2, 2021 | $0.0300 |
| Jun 3, 2021 | $0.0300 |
| Mar 4, 2021 | $0.0300 |
| Dec 3, 2020 | $0.0300 |
| Sep 3, 2020 | $0.0300 |
| Jun 4, 2020 | $0.0300 |