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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | $518.65M | $538.09M |
| D&A | $16.17M | $17.65M | $17.81M | $17.33M | $16.04M | $15.07M |
| Operating Income | $992.56M | $798.64M | $778.30M | $630.73M | $1.15B | $1.15B |
| Interest Expense | - | - | $1.03B | $542.80M | $382.08M | $541.67M |
| Income Tax | $247.72M | $190.31M | $196.91M | $161.71M | $379.75M | $273.32M |
| Net Income | $744.85M | $608.33M | $581.39M | $469.01M | $1.16B | $880.69M |
| EPS - Basic | $3.52 | $2.73 | $2.44 | $1.78 | $3.67 | $2.27 |
| EPS - Diluted | $3.46 | $2.68 | $2.41 | $1.76 | $3.61 | $2.25 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.24B | $4.70B | $4.15B | $4.62B | $4.33B | $4.46B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $29.75B | $30.07B | $29.17B | $28.81B | $29.22B | $30.77B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $5.36B | $6.44B | $5.23B | $5.24B | $5.93B | $5.19B |
| Total Liabilities | $27.29B | $27.91B | $27.29B | $27.08B | $27.07B | $28.21B |
| Stockholders' Equity | $1.73B | $2.16B | $1.88B | $1.73B | $2.15B | $2.56B |
| Retained Earnings | $4.73B | $4.11B | $3.62B | $3.16B | $2.82B | $1.72B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($398.58M) | ($329.39M) | ($144.64M) | $4.99M | ($49.52M) | ($182.67M) |
| Investing Cash Flow | $1.05B | $675.99M | ($12.46M) | $1.08B | $2.60B | $947.33M |
| Financing Cash Flow | ($1.10B) | $228.16M | ($316.23M) | ($854.89M) | ($2.62B) | ($1.88B) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| 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 | 25.0% | 23.8% | 25.3% | 25.6% | 24.7% | 23.7% |
| Return on assets | 2.5% | 2.0% | 2.0% | 1.6% | 4.0% | 2.9% |
| Return on equity | 43.1% | 28.2% | 30.9% | 27.2% | 54.0% | 34.4% |
| Return on invested capital | 10.5% | 7.1% | 8.2% | 6.7% | 10.8% | 11.4% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 3.11 | 2.98 | 2.78 | 3.03 | 2.76 | 2.02 |
| Debt / Assets | 0.18 | 0.21 | 0.18 | 0.18 | 0.20 | 0.17 |
| Debt / EBITDA | 5.32 | 7.89 | 6.57 | 8.08 | 5.07 | 4.44 |
| Interest coverage | - | - | 0.8x | 1.2x | 3.0x | 2.1x |
| Equity multiplier | 17.22 | 13.92 | 15.51 | 16.68 | 13.59 | 12.01 |
| Liabilities / Assets | 0.92 | 0.93 | 0.94 | 0.94 | 0.93 | 0.92 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 7.8x | 10.3x | 7.9x | 9.4x | 5.4x | 5.5x |
| P / B | 3.3x | 2.8x | 2.4x | 2.5x | 2.9x | 1.9x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | 6.8x | 9.6x | 7.0x | 7.7x | 6.7x | 4.7x |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 24.3% | 2.6% | 23.4% | -45.3% | 0.0% | 55.2% |
| Net income growth (YoY) | 22.4% | 4.6% | 24.0% | -59.6% | 31.8% | 52.3% |
| EPS growth (YoY) | 29.1% | 11.2% | 36.9% | -51.2% | 60.4% | 73.1% |
| EPS CAGR (3y) | 25.3% | -9.5% | 2.3% | 10.6% | 50.0% | 53.7% |
| EPS CAGR (5y) | 9.0% | 15.6% | 17.6% | 23.2% | 46.8% | 30.7% |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -20.0% | 14.8% | 8.9% | -19.7% | -16.1% | -22.6% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
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 |