What is SLM Corporation's earnings per share (EPS)?

SLM Corporation (SLM) reported diluted earnings per share of $3.46 for fiscal year 2025. This represents a 29.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SLM Corporation (SLM) Financials

SLM

Trailing 12 months to September 30, 2026

Revenue $1.8B -6.7% YoY

Net Income $567.4M -9.0% YoY

EPS (Diluted) $2.75 -3.5% YoY

Operating Cash Flow -$381.6M n/m YoY

Market Cap $3.7B as of Oct 23, 2026

Price / Sales 2.0x on $1.8B revenue, trailing 12 months to September 30, 2026

Price / Earnings 6.4x on $567.4M net income, trailing 12 months to September 30, 2026

Price / Book 1.6x on $2.3B equity, Q3 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Sep 30, 2026 Reported Oct 22, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2026, filed Oct 22, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SLM SEC filings page.

SLM Corporation (SLM) reported $1.8B in revenue over the twelve months to Sep 30, 2026, down 6.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SLM FY2025 2026-10-22

Profit has expanded, but the business remains liability-funded and accounting earnings have not become operating cash.

FY2025 revenue grew 7.3% while net income grew 22.4%, indicating earnings expanded faster than the top line rather than merely tracking volume. But operating cash flow was negative $398.6M against net income of $744.8M, so improved reported profitability did not carry through to cash generation.

The business is balance-sheet intensive: FY2025 total assets were $29.7B against $27.3B of liabilities, so it is funded predominantly by obligations rather than equity. Liabilities represented 91.8% of assets, while debt-to-equity improved during FY2025.

The cash-conversion gap was not isolated to FY2025: operating cash flow was negative $329.4M in FY2024 despite net income of $608.3M. This makes reported profit a poor proxy for cash generated by operations, even as profitability and equity strengthened.

Financial Health Signals

Financial health score not available

SLM Corporation does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

5/7

SLM Corporation passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.

Earnings Quality No Cash Backing

$0.54used

For every $1 of reported earnings, SLM Corporation used $0.54 of operating cash (-$398.6M OCF vs $744.8M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Revenue

$375.5M

YoY-31.2%

QoQ-6.4%

5Y CAGR+0.2%

10Y CAGR+4.3%

SLM Corporation generated $375.5M in revenue in Q3 2026. This represents a decrease of 31.2% from the same quarter a year earlier. Against the prior quarter it is down 6.4%.

Net Income

-$32.3M

YoY-123.7%

QoQ-155.1%

SLM Corporation reported a net loss of $32.3M in Q3 2026. This represents a decrease of 123.7% from the same quarter a year earlier. Against the prior quarter it is down 155.1%.

EPS (Diluted)

-$0.19

YoY-130.2%

QoQ-165.5%

SLM Corporation earned -$0.19 per diluted share (EPS) in Q3 2026. This represents a decrease of 130.2% from the same quarter a year earlier. Against the prior quarter it is down 165.5%.

EBITDA

Not reported for Q3 2026.

Cash & Balance Sheet

Cash & Debt

$2.2B

YoY-38.8%

QoQ-52.8%

5Y CAGR-4.4%

10Y CAGR+4.1%

SLM Corporation held $2.2B in cash against $5.5B in long-term debt as of Q3 2026.

Dividends Per Share

$0.13

YoY0.0%

QoQ0.0%

5Y CAGR+34.1%

SLM Corporation paid $0.13 per share in dividends in Q3 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

183M

YoY-10.0%

QoQ-2.7%

5Y CAGR-9.0%

10Y CAGR-8.2%

SLM Corporation had 183M shares outstanding in Q3 2026. This represents a decrease of 10.0% from the same quarter a year earlier. Against the prior quarter it is down 2.7%.

Free Cash Flow

Not reported for Q3 2026.

Margins & Returns

Net Margin

-8.6%

YoY-33.5pp

QoQ-23.2pp

5Y change-28.2pp

10Y change-31.7pp

SLM Corporation's net profit margin was -8.6% in Q3 2026, showing the share of revenue converted to profit. This is down 33.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 23.2 percentage points.

Return on Equity

-1.4%

YoY-7.2pp

QoQ-3.8pp

5Y change-4.9pp

10Y change-4.0pp

SLM Corporation's quarterly ROE was -1.4% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is down 7.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.8 percentage points.

Gross Margin

Not reported for Q3 2026.

Operating Margin

Not reported for Q3 2026.

Capital Allocation

Share Buybacks

$127.7M

YoY-11.1%

QoQ+3953.9%

5Y CAGR-12.5%

SLM Corporation spent $127.7M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 11.1% from the same quarter a year earlier. Against the prior quarter it is up 3953.9%.

R&D Spending

Not reported for Q3 2026.

Capital Expenditures

Not reported for Q3 2026.

SLM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SLM quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$1.8B	$2.0B+7.3%	$1.8B+2.2%	$1.8B-0.8%	$1.8B-10.1%	$2.0B+11.9%	$1.8B+8.3%	$1.7B+22.9%	$1.4B+20.9%	$1.1B+17.3%	$960.2M+8.5%	$885.1M+20.3%	$735.8M-3.2%	$760.4M+12.7%	$674.9M-79.3%	$3.3B
Interest Expense	$1.1B	$1.1B-1.1%	$1.1B+10.5%	$1.0B+89.8%	$542.8M+42.1%	$382.1M-29.5%	$541.7M-23.5%	$707.7M+35.5%	$522.3M+69.5%	$308.1M+65.7%	$185.9M+44.5%	$128.6M+34.2%	$95.8M+7.6%	$89.1M+7.4%	$82.9M-96.5%	$2.4B
Income Tax	$170.5M	$247.7M+30.2%	$190.3M-3.3%	$196.9M+21.8%	$161.7M-57.4%	$379.8M+38.9%	$273.3M+65.2%	$165.5M+130.3%	$71.9M-64.5%	$202.5M+23.4%	$164.1M-0.4%	$164.8M+17.7%	$140.0M-11.9%	$158.9M+26.0%	$126.1M-61.5%	$328.0M
Net Income	$567.4M	$744.8M+22.4%	$608.3M+4.6%	$581.4M+24.0%	$469.0M-59.6%	$1.2B+31.8%	$880.7M+52.3%	$578.3M+18.6%	$487.5M+68.7%	$288.9M+15.4%	$250.3M-8.7%	$274.3M+41.2%	$194.2M-25.0%	$258.9M+19.0%	$217.6M-65.6%	$633.0M
EPS (Basic)	N/A	$3.52+28.9%	$2.73+11.9%	$2.44+37.1%	$1.78-51.5%	$3.67+61.7%	$2.27+73.3%	$1.31+21.3%	$1.08+71.4%	$0.63+16.7%	$0.54-10.0%	$0.60+39.5%	$0.43-27.1%	$0.59+28.3%	$0.46-61.3%	$1.19
EPS (Diluted)	$2.75	$3.46+29.1%	$2.68+11.2%	$2.41+36.9%	$1.76-51.2%	$3.61+60.4%	$2.25+73.1%	$1.30+21.5%	$1.07+72.6%	$0.62+17.0%	$0.53-10.2%	$0.59+40.5%	$0.42-27.6%	$0.58+28.9%	$0.45-61.9%	$1.18
Diluted Shares (Avg)	N/A	211M-4.1%	220M-6.0%	234M-10.5%	262M-18.3%	320M-17.4%	387M-10.1%	431M-2.0%	440M+0.3%	439M+1.3%	433M+0.2%	432M0.0%	432M-3.6%	449M-7.1%	483M-7.7%	523M

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Revenue	$375.5M-31.2%	$401.1M-0.6%	$560.0M-3.6%	$454.1M+16.4%	$545.7M+42.1%	$403.6M-21.5%	$581.0M+3.5%	$390.0M-12.0%
Interest Expense	$277.2M-2.6%	$269.2M-3.8%	$273.9M-2.6%	$279.8M-6.5%	$284.6M-2.9%	$279.9M+3.9%	$281.1M+1.7%	$299.2M+5.8%
Income Tax	-$26.6M-153.3%	$21.9M+34.1%	$92.4M-6.3%	$82.8M+301.7%	$50.0Mn/m	$16.4M-81.1%	$98.6M+1.1%	$20.6M-63.7%
Net Income	-$32.3M-123.7%	$58.5M-17.9%	$308.0M+1.1%	$233.2M+109.0%	$135.8Mn/m	$71.3M-71.7%	$304.5M+5.0%	$111.6M-33.8%
EPS (Basic)	-$0.19-129.7%	$0.29-9.4%	$1.56+9.1%	$1.13+117.3%	$0.64n/m	$0.32-71.7%	$1.43+10.9%	$0.52-28.8%
EPS (Diluted)	-$0.19-130.2%	$0.29-9.4%	$1.54+10.0%	$1.11+122.0%	$0.63n/m	$0.32-71.2%	$1.40+10.2%	$0.50-30.6%
Diluted Shares (Avg)	186M-11.9%	190M-10.7%	198M-8.0%	N/A	211M-2.0%	213M-4.2%	215M-4.0%	N/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.

SLM Balance Sheet

SLM quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$29.7B-1.1%	$30.1B+3.1%	$29.2B+1.2%	$28.8B-1.4%	$29.2B-5.0%	$30.8B-5.9%	$32.7B+22.7%	$26.6B+22.3%	$21.8B+17.5%	$18.5B+21.8%	$15.2B+17.3%	$13.0B+21.2%	$10.7B+17.9%	$9.1B-95.3%	$193.3B
Cash & Equivalents	$4.2B-9.8%	$4.7B+13.3%	$4.1B-10.1%	$4.6B+6.5%	$4.3B-2.7%	$4.5B-19.9%	$5.6B+117.4%	$2.6B+66.8%	$1.5B-20.0%	$1.9B-20.6%	$2.4B+2.4%	$2.4B+8.1%	$2.2B+36.5%	$1.6B+9.1%	$1.5B
Goodwill	$56.0M0.0%	$56.0M0.0%	$56.0M+9.8%	$51.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$394.0M0.0%	$394.0M-2.7%	$405.0M
Total Liabilities	$27.3B-2.2%	$27.9B+2.3%	$27.3B+0.8%	$27.1B0.0%	$27.1B-4.0%	$28.2B-4.0%	$29.4B+24.1%	$23.7B+22.6%	$19.3B+19.3%	$16.2B+23.4%	$13.1B+17.7%	$11.1B+16.8%	$9.5B+19.3%	$8.0B-95.7%	$188.1B
Long-Term Debt	$5.4B-16.7%	$6.4B+23.2%	$5.2B-0.1%	$5.2B-11.7%	$5.9B+14.3%	$5.2B+19.2%	$4.4B+1.6%	$4.3B+30.8%	$3.3B+51.1%	$2.2B+274.4%	$579.1Mn/m	$0	N/A	N/A	$154.4B
Total Equity	$2.5B+13.5%	$2.2B+14.8%	$1.9B+8.9%	$1.7B-19.7%	$2.1B-16.1%	$2.6B-22.6%	$3.3B+11.4%	$3.0B+20.1%	$2.5B+5.4%	$2.3B+12.0%	$2.1B+14.6%	$1.8B+57.6%	$1.2B+7.2%	$1.1B-79.3%	$5.2B
Retained Earnings	$4.7B+15.1%	$4.1B+13.5%	$3.6B+14.6%	$3.2B+12.3%	$2.8B+63.6%	$1.7B-6.9%	$1.9B+38.1%	$1.3B+54.3%	$868.2M+45.8%	$595.3M+62.4%	$366.6M+224.2%	$113.1Mn/m	$0-100.0%	$1.5B+88.4%	$770.0M

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Total Assets	$29.8B+0.8%	$28.6B-3.5%	$29.4B+1.8%	$29.7B-1.1%	$29.6B-1.4%	$29.6B+2.9%	$28.9B+2.2%	$30.1B+3.1%
Cash & Equivalents	$2.2B-38.8%	$4.6B+12.1%	$5.2B+39.6%	$4.2B-9.8%	$3.5B-21.2%	$4.1B-22.2%	$3.7B+3.1%	$4.7B+13.3%
Goodwill	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%	$56.0M0.0%
Total Liabilities	$27.6B+1.2%	$26.1B-4.1%	$27.0B+1.8%	$27.3B-2.2%	$27.3B-2.2%	$27.2B+2.8%	$26.5B+1.3%	$27.9B+2.3%
Long-Term Debt	$5.5B-19.1%	$5.8B-8.8%	$5.7B-7.8%	$5.4B-16.7%	$6.8B+13.3%	$6.4B+18.7%	$6.1B+23.5%	$6.4B+23.2%
Total Equity	$2.3B-3.7%	$2.5B+4.2%	$2.4B+1.5%	$2.5B+13.5%	$2.3B+9.7%	$2.4B+4.0%	$2.4B+13.6%	$2.2B+14.8%
Retained Earnings	$5.0B+9.9%	$5.0B+13.9%	$5.0B+14.2%	$4.7B+15.1%	$4.5B+12.3%	$4.4B+7.7%	$4.4B+12.9%	$4.1B+13.5%

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities.

SLM Cash Flow Statement

SLM quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$381.6M	-$398.6Mn/m	-$329.4Mn/m	-$144.6M-2997.4%	$5.0Mn/m	-$49.5Mn/m	-$182.7Mn/m	-$15.6Mn/m	-$102.7Mn/m	-$171.2Mn/m	-$199.0Mn/m	-$85.1Mn/m	-$436.8M-723.8%	$70.0M-29.7%	$99.5M-96.8%	$3.1B
Depreciation & Amortization	N/A	$20.2M-11.0%	$22.7M-18.6%	$27.8M+9.8%	$25.3M+57.9%	$16.0M+6.5%	$15.1M+2.7%	$14.7M+6.1%	$13.8M+18.8%	$11.6M+10.9%	$10.5M+17.7%	$8.9M-5.0%	$9.4M+12.1%	$8.4M-58.0%	$20.0M-48.1%	$38.5M
Stock-Based Compensation	N/A	$40.6M+1.4%	$40.0M+9.9%	$36.4M+5.6%	$34.5M+12.4%	$30.6M-15.9%	$36.5M+19.2%	$30.6M-2.9%	$31.5M+13.0%	$27.9M+21.6%	$22.9M+6.2%	$21.6M-13.5%	$25.0M+59.2%	$15.7M-17.9%	$19.1M-65.9%	$56.0M
Investing Cash Flow	-$577.9M	$1.0B+54.8%	$676.0Mn/m	-$12.5M-101.2%	$1.1B-58.6%	$2.6B+174.9%	$947.3Mn/m	-$2.3Bn/m	-$3.3Bn/m	-$3.2Bn/m	-$3.3Bn/m	-$1.8Bn/m	-$1.4Bn/m	-$731.1Mn/m	-$1.0B-110.6%	$9.5B
Financing Cash Flow	-$334.0M	-$1.1B-583.8%	$228.2Mn/m	-$316.2Mn/m	-$854.9Mn/m	-$2.6Bn/m	-$1.9B-135.0%	$5.4B+21.8%	$4.4B+47.0%	$3.0B-1.4%	$3.0B+52.6%	$2.0B-0.7%	$2.0B+60.8%	$1.2B+20.0%	$1.0Bn/m	-$14.1B
Dividends Paid	$301.8M	$107.7M+8.6%	$99.2M-2.0%	$101.2M-10.4%	$113.0M+86.8%	$60.5M+30.4%	$46.4M+175.3%	$16.8M+7.7%	$15.6M-0.5%	$15.7M-25.9%	$21.2M+8.2%	$19.6M+51.5%	$12.9Mn/m	$0n/m	$0-100.0%	$100.0M
Share Buybacks	$545.3M	$368.7M+48.7%	$248.0M-29.2%	$350.3M-50.9%	$713.2M-53.4%	$1.5B+174.2%	$558.2M+233.8%	$167.2Mn/m	$0n/m	$0	N/A	N/A	N/A	$600.0M-33.3%	$900.0M+200.0%	$300.0M

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Cash Flow	-$106.4Mn/m	-$134.8Mn/m	-$76.0Mn/m	-$64.5M-1520.2%	-$49.3Mn/m	-$138.7Mn/m	-$146.1Mn/m	$4.5Mn/m
Depreciation & Amortization	$5.2M+3.6%	$5.1M+2.6%	$5.3M+7.6%	$5.2M+1.0%	$5.0M-3.6%	$5.0M-10.7%	$5.0M-13.2%	$5.2M-26.8%
Stock-Based Compensation	N/A	N/A	$14.8M+11.5%	N/A	N/A	N/A	$13.3M-3.8%	N/A
Investing Cash Flow	-$3.5Bn/m	$540.2Mn/m	$1.6B+219.8%	$838.6M+212.1%	-$253.8Mn/m	-$35.0M-102.1%	$496.9M-13.2%	$268.7M-70.9%
Financing Cash Flow	$1.3Bn/m	-$991.7M-276.7%	-$550.4Mn/m	-$88.1Mn/m	-$220.6M-118.6%	$561.4M+235.2%	-$1.4Bn/m	-$59.5Mn/m
Dividends Paid	$50.0M-50.0%	$200.0M+112.8%	$25.6M-6.8%	$26.2M-4.3%	$100.0M-13.8%	$94.0M-31.9%	$27.5M+13.1%	$27.3M+12.0%
Share Buybacks	$127.7M-11.1%	$3.1M-95.6%	$290.7M+878.8%	$123.8M+163.0%	$143.5M+25.5%	$71.7M+17.5%	$29.7M+16.7%	$47.1M-48.2%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.

SLM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SLM quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	37.5%+4.6pp	32.9%+0.8pp	32.1%+6.4pp	25.7%-31.5pp	57.3%+8.6pp	48.6%+14.0pp	34.6%-1.2pp	35.8%+10.2pp	25.7%-0.4pp	26.1%-4.9pp	31.0%+4.6pp	26.4%-7.7pp	34.1%+1.8pp	32.3%+12.8pp	19.4%
Return on Equity	30.4%+2.2pp	28.2%-2.7pp	30.9%+3.7pp	27.2%-26.8pp	54.0%+19.6pp	34.4%+16.9pp	17.5%+1.1pp	16.4%+4.7pp	11.7%+1.0pp	10.7%-2.4pp	13.1%+2.5pp	10.6%-11.7pp	22.3%+2.2pp	20.1%+8.0pp	12.1%
Return on Assets	2.5%+0.5pp	2.0%0.0pp	2.0%+0.4pp	1.6%-2.3pp	4.0%+1.1pp	2.9%+1.1pp	1.8%-0.1pp	1.8%+0.5pp	1.3%0.0pp	1.4%-0.4pp	1.8%+0.3pp	1.5%-0.9pp	2.4%0.0pp	2.4%+2.1pp	0.3%
Debt-to-Equity	2.19-0.8x	2.98+0.2x	2.78-0.3x	3.03+0.3x	2.76+0.7x	2.02+0.7x	1.31-0.1x	1.44+0.1x	1.32+0.4x	0.92+0.6x	0.28+0.3x	0.00	N/A	N/A	29.45
Liabilities-to-Equity	11.13-1.8x	12.92-1.6x	14.51-1.2x	15.68+3.1x	12.59+1.6x	11.01+2.1x	8.87+0.9x	7.96+0.2x	7.80+0.9x	6.90+0.6x	6.26+0.2x	6.09-2.1x	8.21+0.8x	7.38-28.5x	35.88
Asset Turnover	0.070.0x	0.060.0x	0.060.0x	0.060.0x	0.070.0x	0.060.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.060.0x	0.060.0x	0.070.0x	0.07+0.1x	0.02

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Net Margin	-8.6%-33.5pp	14.6%-3.1pp	55.0%+2.6pp	51.3%+22.7pp	24.9%+36.7pp	17.7%-31.4pp	52.4%+0.7pp	28.6%-9.4pp
Return on Equity	-1.4%-7.2pp	2.4%-0.6pp	12.6%-0.1pp	9.5%+4.4pp	5.8%+7.9pp	3.0%-8.0pp	12.7%-1.0pp	5.2%-3.8pp
Return on Assets	-0.1%-0.6pp	0.2%0.0pp	1.1%0.0pp	0.8%+0.4pp	0.5%+0.6pp	0.2%-0.6pp	1.1%0.0pp	0.4%-0.2pp
Debt-to-Equity	2.45-0.5x	2.36-0.3x	2.33-0.2x	2.19-0.8x	2.92+0.1x	2.70+0.3x	2.56+0.2x	2.98+0.2x
Liabilities-to-Equity	12.23+0.6x	10.55-0.9x	11.060.0x	11.13-1.8x	11.64-1.4x	11.46-0.1x	11.04-1.3x	12.92-1.6x
Asset Turnover	0.010.0x	0.010.0x	0.020.0x	0.020.0x	0.020.0x	0.010.0x	0.020.0x	0.010.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
SLM Corporation SLM	FY2025	$2.0B	$744.8M	37.5%	$3.7B	—
OneMain Holdings, Inc. OMF	FY2025	$4.9B	$783.0M	16.0%	$6.4B	52/100
FirstCash Holdings, Inc. FCFS	FY2025	$3.7B	$330.4M	9.0%	$7.5B	71/100
Upstart Holdings, Inc. UPST	FY2025	$1.0B	$53.6M	5.1%	$2.3B	38/100
Credit Acceptance Corp CACC	FY2025	$2.3B	$423.9M	18.3%	$5.7B	66/100
Nelnet, Inc. NNI	FY2025	$851.5M	$428.5M	50.3%	$4.4B	56/100

Where SLM Corporation Ranks

Frequently Asked Questions

What is SLM Corporation's annual revenue?

SLM Corporation (SLM) reported $2.0B in total revenue for fiscal year 2025. This represents a 7.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SLM Corporation's revenue growing?

SLM Corporation (SLM) revenue grew by 7.3% year-over-year, from $1.8B to $2.0B in fiscal year 2025.

Is SLM Corporation profitable?

Yes, SLM Corporation (SLM) reported a net income of $567.4M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $744.8M, with a net profit margin of 37.5%.

How much debt does SLM Corporation have?

As of fiscal year 2025, SLM Corporation (SLM) had $4.2B in cash and equivalents against $5.4B in long-term debt.

What is SLM Corporation's net profit margin?

SLM Corporation (SLM) had a net profit margin of 37.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does SLM Corporation pay dividends?

Yes, SLM Corporation (SLM) paid $0.52 per share in dividends during fiscal year 2025.

What is SLM Corporation's return on equity (ROE)?

SLM Corporation (SLM) has a return on equity of 30.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is SLM Corporation's operating cash flow?

SLM Corporation (SLM) recorded an outflow of $398.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are SLM Corporation's total assets?

SLM Corporation (SLM) had $29.7B in total assets as of fiscal year 2025, including both current and long-term assets.

Does SLM Corporation buy back shares?

Yes, SLM Corporation (SLM) spent $368.7M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does SLM Corporation have outstanding?

SLM Corporation (SLM) had 198M shares outstanding as of fiscal year 2025.

What is SLM Corporation's debt-to-equity ratio?

SLM Corporation (SLM) had a debt-to-equity ratio of 2.19 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is SLM Corporation's liabilities-to-equity ratio?

SLM Corporation (SLM) had a liabilities-to-equity ratio of 11.13 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is SLM Corporation's return on assets (ROA)?

SLM Corporation (SLM) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is SLM Corporation's P/E ratio?

SLM Corporation (SLM) trades at 6.4x earnings, its market capitalization divided by $567.4M net income, trailing 12 months to September 30, 2026. The market capitalization is $3.7B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SLM Corporation's price-to-sales ratio?

SLM Corporation (SLM) trades at 2.0x sales, its market capitalization divided by $1.8B revenue, trailing 12 months to September 30, 2026. The market capitalization is $3.7B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SLM Corporation's Piotroski F-Score?

SLM Corporation (SLM) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SLM Corporation's earnings high quality?

For every $1 of reported earnings, SLM Corporation (SLM) used $0.54 of operating cash (-$398.6M OCF vs $744.8M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.