Saturday 17 October 2026
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SLM Corporation
SLM Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 4.10% from fiscal 2024. In the quarter to June 2026, revenue fell 1.93%, EPS fell 9.38%, free cash flow grew 2.81% and total debt fell 8.84%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three.
21.81
0.41
−1.85%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
2 | 3 | 4 | 4 | 4 | 6 | 5 | 6 | 5 | 6 |
P/E ratio |
21.42 | 18.00 | 7.69 | 6.80 | 5.51 | 5.59 | 9.61 | 7.95 | 10.21 | 7.67 |
P/S ratio |
4.24 | 3.41 | 1.92 | 1.60 | 2.02 | 2.57 | 1.81 | 1.57 | 2.00 | 1.80 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 855.77 | 0.00 | 0.00 | 0.00 |
P/Operating CF |
(84.92) | (110.79) | (349.61) | 61.64 | 179.52 | 135.87 | (4,882.28) | (163.96) | 1,313.80 | (86.96) |
P/B ratio |
2.73 | 2.36 | 1.41 | 1.31 | 2.06 | 3.26 | 2.89 | 2.73 | 3.12 | 2.55 |
Price to Tangible BV |
2.73 | 2.36 | 1.41 | 1.31 | 2.06 | 3.27 | 3.15 | 2.85 | 3.23 | 2.62 |
EV/Sales |
4.41 | 4.55 | 2.77 | 1.03 | 2.26 | 3.13 | 1.98 | 1.87 | 2.50 | 2.09 |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
(25.38) | (38.15) | (50.79) | (156.03) | (29.11) | (152.34) | 937.17 | (36.81) | (22.70) | (16.31) |
EV/FCF |
(25.38) | (38.15) | (50.79) | (156.03) | (29.11) | (152.34) | 937.17 | (36.81) | (22.70) | (16.31) |
Quick Ratio |
0.15 | 0.11 | 0.14 | 0.23 | 0.20 | 0.22 | 0.23 | 0.20 | 0.23 | 0.21 |
Current Ratio |
1.35 | 1.38 | 1.38 | 1.30 | 1.26 | 1.27 | 1.22 | 1.22 | 1.32 | 1.28 |
Net Debt/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Debt/Assets |
11.70% | 15.04% | 16.08% | 13.32% | 16.86% | 20.30% | 18.17% | 17.92% | 21.42% | 18.03% |
Debt/Equity |
0.92 | 1.32 | 1.44 | 1.31 | 2.02 | 2.76 | 3.03 | 2.78 | 2.98 | 2.19 |
Asset Turnover |
0.07 | 0.07 | 0.08 | 0.08 | 0.07 | 0.08 | 0.08 | 0.10 | 0.10 | 0.10 |
Operating CF/Net income |
(0.87) | (0.63) | (0.22) | (0.03) | (0.21) | (0.04) | 0.01 | (0.26) | (0.56) | (0.55) |
Capex/Depreciation |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 13.83% | 14.17% | 20.31% | 20.47% | 33.35% | 54.90% | 27.26% | 36.30% | 33.35% | 35.49% | |
| 1.36% | 1.36% | 1.95% | 1.89% | 2.75% | 3.85% | 1.59% | 1.94% | 1.99% | 2.44% | |
ROIC |
10.19% | 7.47% | 7.64% | 23.90% | 23.60% | 27.54% | 18.71% | 19.17% | 13.68% | 18.61% |
Return on Tangible Assets |
4.79% | 4.61% | 6.39% | 7.53% | 14.60% | 20.28% | 9.66% | 11.54% | 8.61% | 11.75% |
Average Days of Receivables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
47.62% | 44.26% | 42.57% | 39.01% | 26.82% | 20.16% | 50.08% | 33.97% | 34.98% | 31.78% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
2.00% | 1.94% | 1.67% | 1.29% | 1.55% | 1.27% | 1.46% | 1.28% | 1.34% | 1.30% |
Graham Net Nets |
0.40 | 0.42 | 0.71 | 0.66 | 0.06 | (0.11) | (0.24) | (0.20) | (0.02) | 0.06 |
Graham Number |
7.05 | 8.26 | 11.99 | 14.17 | 17.46 | 21.85 | 14.87 | 19.58 | 23.16 | 29.05 |
Earnings Yield |
4.67% | 5.56% | 13.00% | 14.70% | 18.16% | 17.90% | 10.41% | 12.58% | 9.79% | 13.05% |
Free Cash Flow Yield |
(4.10%) | (3.50%) | (2.84%) | (0.41%) | (3.84%) | (0.80%) | 0.12% | (3.25%) | (5.52%) | (7.11%) |
Revenue per Share |
2.68 | 3.33 | 4.33 | 5.57 | 6.13 | 7.65 | 9.16 | 12.27 | 13.82 | 15.01 |
Operating CF per Share |
(0.47) | (0.40) | (0.24) | (0.04) | (0.48) | (0.16) | 0.02 | (0.62) | (1.52) | (1.92) |
Capex per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow per Share |
(0.47) | (0.40) | (0.24) | (0.04) | (0.48) | (0.16) | 0.02 | (0.62) | (1.52) | (1.92) |
Cash per Share |
4.61 | 3.79 | 6.16 | 13.39 | 12.06 | 14.55 | 18.68 | 18.82 | 22.79 | 21.57 |
Shareholders Equity per Share |
5.49 | 5.74 | 6.83 | 7.75 | 6.68 | 6.82 | 6.68 | 8.13 | 9.99 | 11.83 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
5.49 | 5.74 | 6.83 | 7.75 | 6.68 | 6.82 | 6.68 | 8.13 | 9.99 | 11.83 |
Free Cash Flow |
(199.02) | (171.16) | (102.74) | (15.64) | (182.67) | (49.52) | 4.99 | (144.64) | (329.39) | (398.58) |
Working Capital |
4,700.40 | 5,833.93 | 7,282.41 | 7,324.47 | 5,809.88 | 5,549.26 | 4,621.92 | 4,753.31 | 6,733.32 | 6,084.67 |
Net Current Asset Value |
1,950.12 | 2,033.98 | 2,560.05 | 2,523.04 | 268.33 | (694.81) | (1,014.07) | (882.17) | (110.30) | 348.29 |
EV/EBIT |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
11.72 | 9.95 | 6.46 | 5.12 | 4.03 | 4.02 | 6.69 | 5.27 | 7.42 | 5.63 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.33 | 0.36 | 0.39 | 0.36 | 0.44 | 0.38 | 0.39 | 0.84 | 0.39 | 0.37 |
Cash ROIC |
(3.07%) | (2.32%) | (1.03%) | (0.12%) | (1.48%) | (0.39%) | 0.04% | (1.26%) | (2.43%) | (3.25%) |
Accounts Receivable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Accounts Payable Turnover |
0.01 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.05 | 0.05 | 0.05 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
26,378.74 | 18,369.99 | 13,238.39 | 12,524.29 | 15,273.41 | 19,897.15 | 14,422.55 | 7,672.55 | 6,755.93 | 6,830.23 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Payables |
12,461.69 | 14,470.53 | 17,224.27 | 21,613.57 | 23,475.01 | 21,747.08 | 21,138.10 | 21,550.63 | 21,360.88 | 21,064.36 |
Average Assets |
16,873.55 | 20,156.29 | 24,208.88 | 29,662.33 | 31,728.45 | 29,996.16 | 29,016.47 | 28,990.25 | 29,620.79 | 29,909.20 |
Average Common Equity |
1,656.69 | 1,928.16 | 2,323.46 | 2,742.25 | 2,611.80 | 2,105.20 | 1,687.27 | 1,552.81 | 1,769.29 | 2,054.57 |
Columns are period end dates