Financial health
- Total debt ($5.9B) exceeds cash ($4.2B); net debt is $1.6B.
Shareholder returns
- Dividends have been paid for 7 consecutive years, consuming 14.5% of earnings.
- The dividend has grown 18.4% per year over the past 5 years.
SLM Financials Slm Corp
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
Net income
ROEROA
Equity
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | — | $745M | — | — | 30.4% | 2.5% | — | $5.9B | $4.2B |
| 2024 | — | $608M | — | — | 28.2% | 2.0% | — | $6.4B | $4.7B |
| 2023 | — | $581M | — | — | 30.9% | 2.0% | — | $5.2B | $4.1B |
| 2022 | — | $469M | — | — | 27.2% | 1.6% | — | $5.2B | $4.6B |
| 2021 | — | $1.2B | — | — | — | 4.0% | — | $5.9B | $4.3B |
| 2020 | — | $881M | — | — | — | 2.9% | — | $5.2B | $4.5B |
| 2019 | — | $578M | — | — | — | 1.8% | — | $4.6B | $5.6B |
| 2018 | — | $487M | — | — | — | 1.8% | — | $4.3B | $2.6B |
| 2017 | — | $289M | — | — | — | 1.3% | — | $3.3B | $1.5B |
| 2016 | — | $250M | — | — | — | 1.4% | — | $2.2B | $1.9B |
| 2015 | — | $274M | — | — | — | 1.8% | — | $1.1B | $2.4B |
| 2014 | — | $194M | — | — | 10.6% | 1.5% | — | $0 | $2.4B |
| 2013 | — | $259M | — | — | 22.3% | 2.4% | — | $150.4B | $2.2B |
| 2012 | — | $218M | — | — | 20.1% | 2.4% | — | $172.3B | $1.6B |
| 2011 | — | $54M | — | — | 1.0% | 0.0% | — | $184.0B | $1.5B |
Net income
ROEROA
Equity
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | — | $59M | — | — | 2.4% | 0.2% | — | $5.8B | $4.6B |
| Mar '26 | — | $308M | — | — | 12.6% | 1.0% | — | $6.2B | $5.2B |
| Dec '25 | — | $233M | — | — | 9.5% | 0.8% | — | $5.9B | $4.2B |
| Sep '25 | — | $136M | — | — | 5.8% | 0.5% | — | $6.8B | $3.5B |
| Jun '25 | — | $71M | — | — | 3.0% | 0.2% | — | $6.4B | $4.1B |
| Mar '25 | — | $305M | — | — | 12.7% | 1.1% | — | $6.1B | $3.7B |
| Dec '24 | — | $112M | — | — | 5.2% | 0.4% | — | $6.4B | $4.7B |
| Sep '24 | — | -$45M | — | — | -2.1% | -0.2% | — | $6.0B | $4.5B |
| Jun '24 | — | $252M | — | — | 11.0% | 0.9% | — | $5.4B | $5.3B |
| Mar '24 | — | $290M | — | — | 13.7% | 1.0% | — | $5.0B | $3.6B |
| Dec '23 | — | $168M | — | — | 9.0% | 0.6% | — | $5.2B | $4.1B |
| Sep '23 | — | $29M | — | — | — | 0.1% | — | $5.5B | $3.5B |
| Jun '23 | — | $265M | — | — | — | 1.0% | — | $5.2B | $3.9B |
| Mar '23 | — | $119M | — | — | — | 0.4% | — | $5.5B | $3.7B |
| Dec '22 | — | -$77M | — | — | -4.5% | -0.3% | — | $5.2B | $4.6B |
| Sep '22 | — | $75M | — | — | — | 0.3% | — | $5.5B | $4.8B |
| Jun '22 | — | $342M | — | — | — | 1.2% | — | $5.2B | $3.6B |
| Mar '22 | — | $129M | — | — | — | 0.4% | — | $5.6B | $3.3B |
| Dec '21 | — | $306M | — | — | — | 1.0% | — | $5.9B | $4.3B |
| Sep '21 | — | $73M | — | — | — | 0.3% | — | $5.4B | $2.7B |
Valuation over time
How the market has priced SLM against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 5.0× (Mar '23) to 6.7× (Sep '26).
- The dividend yield has fallen from 4.9% (Mar '23) to 2.2% (Sep '26).
P/E
Dividend yield %
Frequently asked questions
Is SLM growing its revenue and profit?
See the revenue and net-income charts above for Slm Corp's multi-year trend.
How much debt does SLM have?
As of FY2025, Slm Corp reported $5.9B of total debt against $4.2B of cash.
What is SLM's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
What is SLM's P/E ratio?
As of Sep '26, Slm Corp traded at a price-to-earnings ratio of about 6.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.