SLM Corp — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that SLM Corp filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $744.85M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $608.33M | Feb 19, 2026 |
| FY2023 | Dec 31, 2023 | $168.44M | Feb 22, 2024 |
| FY2023 | Sep 30, 2023 | $29.37M | Feb 22, 2024 |
| FY2023 | Jun 30, 2023 | $265.07M | Feb 22, 2024 |
| FY2023 | Mar 31, 2023 | $118.52M | Feb 22, 2024 |
| FY2023 | Dec 31, 2022 | ($77.04M) | Feb 22, 2024 |
| FY2023 | Sep 30, 2022 | $75.17M | Feb 22, 2024 |
| FY2023 | Jun 30, 2022 | $342.07M | Feb 22, 2024 |
| FY2023 | Mar 31, 2022 | $128.81M | Feb 22, 2024 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($398.58M) | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | ($329.40M) | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | ($144.64M) | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $4.99M | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | ($49.52M) | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | ($182.67M) | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | ($15.64M) | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | ($102.74M) | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | ($171.16M) | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | ($199.02M) | Feb 28, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $29.75B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $30.07B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $29.17B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $28.81B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $29.22B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $30.77B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $32.69B | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $26.64B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $21.78B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $18.53B | Feb 23, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $27.29B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $27.91B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $27.29B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $27.08B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $27.07B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $28.21B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $29.37B | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $23.67B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $19.31B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $16.19B | Feb 23, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.45B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $2.16B | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $1.88B | Feb 19, 2026 |
| FY2025 | Dec 31, 2022 | $1.73B | Feb 19, 2026 |
| FY2014 | Dec 31, 2014 | $1.83B | Feb 26, 2015 |
| FY2014 | Dec 31, 2013 | $1.16B | Feb 26, 2015 |
| FY2013 | Dec 31, 2012 | $5.06B | Feb 19, 2014 |
| FY2012 | Dec 31, 2011 | $5.24B | Feb 26, 2013 |
| FY2011 | Dec 31, 2010 | $5.01B | Feb 27, 2012 |
| FY2010 | Dec 31, 2009 | $5.28B | Feb 28, 2011 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $56.00M | Feb 19, 2026 |
| FY2024 | Dec 31, 2024 | $56.00M | Feb 20, 2025 |
| FY2023 | Dec 31, 2023 | $56.00M | Feb 22, 2024 |
| FY2022 | Dec 31, 2022 | $51.00M | Feb 23, 2023 |
| FY2013 | Dec 31, 2013 | $394.00M | Feb 19, 2014 |
| FY2013 | Dec 31, 2012 | $394.00M | Feb 19, 2014 |
| FY2012 | Dec 31, 2011 | $405.00M | Feb 26, 2013 |
| FY2011 | Dec 31, 2010 | $387.00M | Feb 27, 2012 |
| FY2010 | Sep 30, 2010 | $387.00M | Feb 28, 2011 |
| FY2010 | Dec 31, 2009 | $991.00M | Feb 28, 2011 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.73B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $4.11B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $3.62B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $3.16B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $2.82B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $1.72B | Feb 24, 2022 |
| FY2022 | Jan 1, 2020 | $952.64M | Feb 23, 2023 |
| FY2022 | Dec 31, 2019 | $1.85B | Feb 23, 2023 |
| FY2019 | Dec 31, 2018 | $1.34B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $868.18M | Feb 28, 2019 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.24B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $4.70B | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $4.15B | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $4.62B | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $4.33B | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $4.46B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $5.56B | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $2.56B | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $1.53B | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $1.92B | Feb 28, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.36B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $6.44B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $5.23B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $5.24B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $5.93B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $5.19B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $4.35B | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $4.28B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $3.28B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $2.17B | Feb 23, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 3 | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 2 | Feb 19, 2026 |
| FY2023 | Dec 31, 2023 | 0 | Feb 22, 2024 |
| FY2023 | Sep 30, 2023 | 0 | Feb 22, 2024 |
| FY2023 | Jun 30, 2023 | 1 | Feb 22, 2024 |
| FY2023 | Mar 31, 2023 | 0 | Feb 22, 2024 |
| FY2023 | Dec 31, 2022 | 0 | Feb 22, 2024 |
| FY2023 | Sep 30, 2022 | 0 | Feb 22, 2024 |
| FY2023 | Jun 30, 2022 | 1 | Feb 22, 2024 |
| FY2023 | Mar 31, 2022 | 0 | Feb 22, 2024 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 3 | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 2 | Feb 19, 2026 |
| FY2023 | Dec 31, 2023 | 0 | Feb 22, 2024 |
| FY2023 | Sep 30, 2023 | 0 | Feb 22, 2024 |
| FY2023 | Jun 30, 2023 | 1 | Feb 22, 2024 |
| FY2023 | Mar 31, 2023 | 0 | Feb 22, 2024 |
| FY2023 | Dec 31, 2022 | 0 | Feb 22, 2024 |
| FY2023 | Sep 30, 2022 | 0 | Feb 22, 2024 |
| FY2023 | Jun 30, 2022 | 1 | Feb 22, 2024 |
| FY2023 | Mar 31, 2022 | 0 | Feb 22, 2024 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2019 | 421.00M | Feb 28, 2020 |
| FY2018 | Dec 31, 2018 | 436.00M | Feb 28, 2019 |
| FY2017 | Dec 31, 2017 | 432.00M | Feb 23, 2018 |
| FY2016 | Dec 31, 2016 | 429.00M | Feb 24, 2017 |
| FY2015 | Dec 31, 2015 | 426.00M | Feb 26, 2016 |
| FY2014 | Dec 31, 2014 | 423.00M | Feb 26, 2015 |
| FY2013 | Dec 31, 2013 | 429.00M | Feb 19, 2014 |
| FY2012 | Dec 31, 2012 | 453.00M | Feb 26, 2013 |
| FY2011 | Dec 31, 2011 | 509.00M | Feb 27, 2012 |
| FY2010 | Dec 31, 2010 | 526.90M | Feb 28, 2011 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $107.69M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $99.17M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $101.23M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $112.96M | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $60.46M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $46.35M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $51.11M | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $0 | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $0 | Feb 28, 2020 |
| FY2013 | Dec 31, 2013 | $264.00M | Feb 19, 2014 |