Slm Corp Financials
Slm Corp (SLMBP) reported $2.6B in revenue for fiscal year 2025, up 0.3% from the prior fiscal year. 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).
Profit is being improved mainly through capital efficiency in a large, balance-sheet-driven model, not through meaningful top-line growth.
Across FY2023-FY2025, revenue stayed near$2.6B and assets near$30.0B while profit improved, so the lift came without a bigger asset base and points to better economics per dollar of assets rather than simple volume growth. Yet operating cash flow was negative for three straight years even as ROA reached2.5% in FY2025, showing reported earnings and near-term cash generation did not move together because balance-sheet movements dominated the cash statement.
The balance sheet became less stretched in FY2025 because equity kept rebuilding while liabilities eased, which gave the company a thicker capital buffer and more room to absorb earnings volatility. Long-term debt fell to
Per-share results were helped by buybacks, not just higher total profit: shares outstanding fell to 198.2M from 220.3M since FY2023, so part of EPS growth came from a smaller share base. Meanwhile, interest expense still absorbed
Financial Health Signals
Slm Corp 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.
Slm Corp 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, both operating efficiency signals pass.
For every $1 of reported earnings, Slm Corp 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
Earnings & Revenue
Slm Corp generated $2.6B in revenue in fiscal year 2025. This represents an increase of 0.3% from the prior year.
Slm Corp reported $744.8M in net income in fiscal year 2025. This represents an increase of 22.4% from the prior year.
Slm Corp earned $3.46 per diluted share (EPS) in fiscal year 2025. This represents an increase of 29.1% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Slm Corp held $4.2B in cash against $5.4B in long-term debt as of fiscal year 2025.
Slm Corp paid $0.52 per share in dividends in fiscal year 2025. This represents an increase of 13.0% from the prior year.
Not reported for fiscal year 2025.
Margins & Returns
Slm Corp's net profit margin was 28.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 5.1 percentage points from the prior year.
Slm Corp's ROE was 30.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.2 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Slm Corp spent $368.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 48.7% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
SLMBP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B+0.3% | $2.6B+1.0% | $2.6B+27.6% | $2.0B+14.3% | $1.8B-12.1% | $2.0B-13.3% | $2.3B+20.4% | $1.9B+34.7% | $1.4B+33.4% | $1.1B+29.6% | $831.1M+23.3% | $674.3M+22.3% | $551.2M+12.2% | $491.3M-91.7% | $5.9B |
| SG&A Expenses | $373.8M | $345.8M-1.0% | $349.4M+7.0% | $326.6M+20.8% | $270.4M+4.7% | $258.3M-8.6% | $282.5M+1.5% | $278.2M+10.3% | $252.3M+18.3% | $213.3M+15.9% | $184.0M+15.7% | $159.0M+22.6% | $129.7M+21.5% | $106.8M-2.5% | $109.6M-77.8% | $493.0M |
| 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 | $247.1M | $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 | $735.5M | $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 (Diluted) | — | $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 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
SLMBP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% | $579.1M | $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% | $113.1M | $0-100.0% | $1.5B+88.4% | $770.0M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities.
SLMBP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$324.6M | -$398.6M-21.0% | -$329.4M-127.7% | -$144.6M-2997.4% | $5.0M+110.1% | -$49.5M+72.9% | -$182.7M-1067.9% | -$15.6M+84.8% | -$102.7M+40.0% | -$171.2M+14.0% | -$199.0M-134.0% | -$85.1M+80.5% | -$436.8M-723.8% | $70.0M-29.7% | $99.5M-96.8% | $3.1B |
| Investing Cash Flow | $2.7B | $1.0B+54.8% | $676.0M+5525.3% | -$12.5M-101.2% | $1.1B-58.6% | $2.6B+174.9% | $947.3M+141.1% | -$2.3B+29.1% | -$3.3B-3.0% | -$3.2B+4.5% | -$3.3B-79.1% | -$1.8B-33.1% | -$1.4B-89.9% | -$731.1M+27.1% | -$1.0B-110.6% | $9.5B |
| Financing Cash Flow | -$1.9B | -$1.1B-583.8% | $228.2M+172.1% | -$316.2M+63.0% | -$854.9M+67.4% | -$2.6B-39.7% | -$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% | $1.0B+107.4% | -$14.1B |
| Dividends Paid | $351.8M | $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% | $12.9M | $0 | $0-100.0% | $100.0M |
| Share Buybacks | $561.1M | $368.7M+48.7% | $248.0M-29.2% | $350.3M-50.9% | $713.2M-53.4% | $1.5B+174.2% | $558.2M+233.8% | $167.2M | $0 | $0 | N/A | N/A | N/A | $600.0M-33.3% | $900.0M+200.0% | $300.0M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
SLMBP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 28.3%+5.1pp | 23.2%+0.8pp | 22.4%-0.7pp | 23.1%-42.2pp | 65.3%+21.8pp | 43.6%+18.8pp | 24.8%-0.4pp | 25.2%+5.1pp | 20.1%-3.1pp | 23.2%-9.8pp | 33.0%+4.2pp | 28.8%-18.2pp | 47.0%+2.7pp | 44.3%+33.6pp | 10.7% |
| 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 | 0.00-8.2x | 8.21+0.8x | 7.38-22.1x | 29.45 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Where Slm Corp Ranks
Frequently Asked Questions
What is Slm Corp's annual revenue?
Slm Corp (SLMBP) reported $2.6B in total revenue for fiscal year 2025. This represents a 0.3% 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 Corp's revenue growing?
Slm Corp (SLMBP) revenue grew by 0.3% year-over-year, from $2.6B to $2.6B in fiscal year 2025.
Is Slm Corp profitable?
Yes, Slm Corp (SLMBP) reported a net income of $744.8M in fiscal year 2025, with a net profit margin of 28.3%.
How much debt does Slm Corp have?
As of fiscal year 2025, Slm Corp (SLMBP) had $4.2B in cash and equivalents against $5.4B in long-term debt.
What is Slm Corp's net profit margin?
Slm Corp (SLMBP) had a net profit margin of 28.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Slm Corp pay dividends?
Yes, Slm Corp (SLMBP) paid $0.52 per share in dividends during fiscal year 2025.
What is Slm Corp's return on equity (ROE)?
Slm Corp (SLMBP) 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 Corp's operating cash flow?
Slm Corp (SLMBP) recorded an outflow of $398.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Slm Corp's total assets?
Slm Corp (SLMBP) had $29.7B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Slm Corp's debt-to-equity ratio?
Slm Corp (SLMBP) had a debt-to-equity ratio of 2.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Slm Corp's return on assets (ROA)?
Slm Corp (SLMBP) 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 Corp's cash runway?
Based on fiscal year 2025 data, Slm Corp (SLMBP) had $4.2B in cash against an annual operating cash burn of $398.6M. This gives an estimated cash runway of approximately 128 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Slm Corp's Piotroski F-Score?
Slm Corp (SLMBP) 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 Corp's earnings high quality?
For every $1 of reported earnings, Slm Corp (SLMBP) 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.