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SLM Corp (SLM)

Nasdaq Financials Consumer Finance S&P MidCap 400
$16.94
-0.59 (-3.37%)
Close of Nov 06, 2026 · end-of-day data
Source: SLM Corp's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Interest expense$185.91M$308.08M$522.29M$707.72M$541.67M$382.08M$542.80M$1.03B——
Pre-tax income$414.44M$491.46M$559.33M$743.74M$1.15B$1.54B$630.73M$778.30M$798.64M$992.56M
Income tax$164.11M$202.53M$71.85M$165.46M$273.32M$379.75M$161.71M$196.91M$190.31M$247.72M
Net income$250.33M$288.93M$487.48M$578.28M$880.69M$1.16B$469.01M$581.39M$608.33M$744.85M
EPS (basic)$0.54$0.63$1.08$1.31$2.27$3.67$1.78$2.44$2.73$3.52
EPS (diluted)$0.53$0.62$1.07$1.30$2.25$3.61$1.76$2.41$2.68$3.46
Diluted shares432.92M438.55M439.68M430.67M387.19M319.91M261.50M234.06M219.93M210.91M

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.92B$1.53B$2.56B$5.56B$4.46B$4.33B$4.62B$4.15B$4.70B$4.24B
Goodwill——————$51.00M$56.00M$56.00M$56.00M
Total assets$18.53B$21.78B$26.64B$32.69B$30.77B$29.22B$28.81B$29.17B$30.07B$29.75B
Short-term debt$0$0$0$289.23M$0$0$0$0$0$498.42M
Long-term debt$2.17B$3.28B$4.28B$4.35B$5.19B$5.93B$5.24B$5.23B$6.44B$5.36B
Total debt$2.17B$3.28B$4.28B$4.64B$5.19B$5.93B$5.24B$5.23B$6.44B$5.86B
Total liabilities$16.19B$19.31B$23.67B$29.37B$28.21B$27.07B$27.08B$27.29B$27.91B$27.29B
Shareholders' equity$2.35B$2.47B$2.97B$3.31B$2.56B$2.15B$1.73B$1.88B$2.16B$2.45B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$199.02M-$171.16M-$102.74M-$15.64M-$182.67M-$49.52M$4.99M-$144.64M-$329.39M-$398.58M
Free cash flow-$199.02M-$171.16M-$102.74M-$15.64M-$182.67M-$49.52M$4.99M-$144.64M-$329.39M-$398.58M
Investing cash flow-$3.31B-$3.16B-$3.25B-$2.31B$947.33M$2.60B$1.08B-$12.46M$675.99M$1.05B
Financing cash flow$3.04B$2.99B$4.40B$5.36B-$1.88B-$2.62B-$854.89M-$316.23M$228.16M-$1.10B
Dividends paid$21.20M$15.71M$15.64M$16.84M$46.35M$60.46M$112.96M$101.23M$99.17M$107.69M
Share buybacks—$0$0$167.20M$558.17M$1.53B$713.20M$350.26M$247.97M$368.74M
Stock-based compensation$22.94M$27.90M$31.52M$30.60M$36.46M$30.65M$34.46M$36.38M$40.00M$40.56M
Depreciation & amortization$9.59M$11.17M$13.83M$14.67M$15.07M$16.04M$17.33M$17.81M$17.65M$16.17M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.