SLM Financial Statements From 2010 to 2024

SLM Stock  USD 21.93  0.61  2.86%   
SLM Corp financial statements provide useful quarterly and yearly information to potential SLM Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on SLM Corp financial statements helps investors assess SLM Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting SLM Corp's valuation are summarized below:
Gross Profit
1.2 B
Profit Margin
0.3972
Market Capitalization
4.7 B
Revenue
1.5 B
Earnings Share
2.41
There are over one hundred nineteen available fundamental trend indicators for SLM Corp, which can be analyzed over time and compared to other ratios. Self-guided Investors are advised to double-check SLM Corp's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself next year. As of the 24th of April 2024, Market Cap is likely to grow to about 5.9 B, while Enterprise Value is likely to drop about 6.7 B.

SLM Corp Total Revenue

2.07 Billion

Check SLM Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SLM main balance sheet or income statement drivers, such as Interest Expense of 12.8 M, Other Operating Expenses of 1.1 B or Operating Income of 1.3 B, as well as many exotic indicators such as Price To Sales Ratio of 1.92, Dividend Yield of 0.0459 or PTB Ratio of 1.98. SLM financial statements analysis is a perfect complement when working with SLM Corp Valuation or Volatility modules.
  
This module can also supplement SLM Corp's financial leverage analysis and stock options assessment as well as various SLM Corp Technical models . Check out the analysis of SLM Corp Correlation against competitors.
To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.

SLM Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding222.4 M234.1 M441.8 M
Slightly volatile
Total Assets27.7 B29.2 B56.2 B
Slightly volatile
Short and Long Term Debt TotalB5.2 B38.3 B
Slightly volatile
Total Current Liabilities16.2 B19.3 B15.5 B
Pretty Stable
Total Stockholder Equity2.8 B1.9 B2.9 B
Slightly volatile
Retained Earnings3.8 B3.6 B1.7 B
Slightly volatile
Cash3.8 B4.1 BB
Pretty Stable
Non Current Assets Total208.1 M198.2 M27.6 B
Slightly volatile
Other Assets24.2 B23.1 B24.1 B
Pretty Stable
Cash And Short Term Investments3.8 B4.1 B4.2 B
Very volatile
Net Receivables1.7 B1.7 BB
Slightly volatile
Liabilities And Stockholders Equity27.7 B29.2 B56.2 B
Slightly volatile
Non Current Liabilities TotalB5.2 B33.6 B
Slightly volatile
Total LiabilitiesB5.2 B47.6 B
Slightly volatile
Total Current Assets5.6 B5.9 B4.7 B
Pretty Stable
Short Term Debt170.6 M179.6 M8.2 B
Slightly volatile
Common Stock Total Equity95.2 M100.1 M89.8 M
Pretty Stable
Common Stock95.3 M87.6 M89 M
Pretty Stable
Short Term Investments652.4 M686.8 M282.5 B
Slightly volatile
Property Plant And Equipment Net144 M129.5 M151.8 M
Slightly volatile
Property Plant And Equipment Gross161.5 M275.1 M177.8 M
Very volatile
Net Tangible Assets2.1 B1.2 B2.6 B
Slightly volatile
Capital Surpluse1.7 B998.2 M2.1 B
Slightly volatile
Non Current Liabilities Other342.7 M360.8 M1.2 B
Slightly volatile
Other Liabilities313.1 M360.8 M389.1 M
Slightly volatile
Long Term Investments2.4 B2.6 B10.5 B
Slightly volatile
Net Invested Capital7.6 B6.9 B6.3 B
Slightly volatile
Capital Stock311.7 M338.7 M437.9 M
Slightly volatile

SLM Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses1.1 B1.2 BB
Pretty Stable
Operating Income1.3 B1.4 B827 M
Slightly volatile
EBIT1.3 B1.4 B1.5 B
Slightly volatile
EBITDA2.1 B1.4 B1.5 B
Pretty Stable
Net Income585 M563.7 M589.7 M
Very volatile
Selling General Administrative351.5 M359.9 M298.6 M
Very volatile
Total Revenue2.1 B2.6 B1.9 B
Very volatile
Gross Profit2.1 BB1.5 B
Very volatile
Income Before Tax951.9 M778.3 M855.5 M
Very volatile
Cost Of Revenue544.8 M573.4 M25.6 B
Slightly volatile
Net Income From Continuing Ops477.8 M335.9 M611.8 M
Pretty Stable
Net Income Applicable To Common Shares663.1 M529 M623 M
Very volatile
Preferred Stock And Other Adjustments12 M8.1 M15 M
Slightly volatile
Non Recurring4.6 M4.9 M16.3 M
Slightly volatile
Tax Provision208.3 M120.6 M182.4 M
Pretty Stable
Interest Income1.8 B2.5 B1.1 B
Slightly volatile
Net Interest Income1.5 B1.6 B1.2 B
Slightly volatile
Reconciled Depreciation16.7 M27.5 M13.7 M
Slightly volatile

SLM Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow3.3 B4.8 B3.4 B
Slightly volatile
Dividends Paid103.5 M118.9 M92 M
Pretty Stable
Net Income627 M581.4 M602.4 M
Very volatile
End Period Cash Flow2.7 B4.3 BB
Pretty Stable
Stock Based Compensation34.7 M36.4 M37.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.922.47342.826
Very volatile
Dividend Yield0.04590.02660.0278
Slightly volatile
PTB Ratio1.982.37951.6759
Slightly volatile
Days Sales Outstanding335352404
Slightly volatile
Book Value Per Share4.588.03546.8049
Very volatile
Invested Capital2.642.77949.6131
Slightly volatile
Stock Based Compensation To Revenue0.02420.02010.0207
Very volatile
PB Ratio1.982.37951.6759
Slightly volatile
EV To Sales2.923.069116.8177
Slightly volatile
ROIC0.140.14710.0738
Slightly volatile
Net Income Per Share2.612.48391.6086
Slightly volatile
Sales General And Administrative To Revenue0.140.20580.1676
Slightly volatile
Cash Per Share19.6320.663712.3983
Slightly volatile
Interest Coverage1.291.35881.537
Slightly volatile
Payout Ratio0.190.20460.1423
Pretty Stable
ROE0.320.30910.226
Slightly volatile
PE Ratio4.997.69758.6385
Very volatile
Return On Tangible Assets0.0210.020.0164
Slightly volatile
Earnings Yield0.190.12990.1649
Slightly volatile
Intangibles To Total Assets0.00220.00240.0035
Pretty Stable
Current Ratio13.0523.5310.3155
Slightly volatile
Tangible Book Value Per Share10710228.0548
Slightly volatile
Receivables Turnover0.661.03620.9537
Slightly volatile
Graham Number22.2521.191615.6039
Slightly volatile
Shareholders Equity Per Share4.588.03546.8049
Very volatile
Debt To Equity2.642.77949.6131
Slightly volatile
Revenue Per Share8.127.73014.8704
Slightly volatile
Interest Debt Per Share25.426.734781.2858
Slightly volatile
Debt To Assets0.170.17920.3532
Slightly volatile
Enterprise Value Over EBITDA3.773.967414.4107
Slightly volatile
Price Earnings Ratio4.997.69758.6385
Very volatile
Operating Cycle33535225.6 K
Slightly volatile
Price Book Value Ratio1.982.37951.6759
Slightly volatile
Dividend Payout Ratio0.190.20460.1423
Pretty Stable
Pretax Profit Margin0.570.43020.4963
Very volatile
Ebt Per Ebit0.560.55611.1865
Slightly volatile
Operating Profit Margin0.730.77360.9481
Slightly volatile
Effective Tax Rate0.320.2530.3066
Slightly volatile
Company Equity Multiplier14.7315.509117.1737
Slightly volatile
Long Term Debt To Capitalization0.940.73540.6874
Very volatile
Total Debt To Capitalization0.960.73540.7085
Pretty Stable
Return On Capital Employed0.04560.0480.0575
Very volatile
Debt Equity Ratio2.642.77949.6131
Slightly volatile
Ebit Per Revenue0.730.77360.9481
Slightly volatile
Quick Ratio22.0830.0611.7547
Slightly volatile
Net Income Per E B T0.780.7470.7062
Slightly volatile
Cash Ratio18.1817.318.4305
Slightly volatile
Cash Conversion Cycle33535225.6 K
Slightly volatile
Days Of Sales Outstanding335352404
Slightly volatile
Price To Book Ratio1.982.37951.6759
Slightly volatile
Fixed Asset Turnover9.7813.971512.463
Very volatile
Enterprise Value Multiple3.773.967414.4107
Slightly volatile
Debt Ratio0.170.17920.3532
Slightly volatile
Price Sales Ratio1.922.47342.826
Very volatile
Return On Assets0.02090.01990.0164
Slightly volatile
Asset Turnover0.06510.0620.0476
Slightly volatile
Net Profit Margin0.390.32130.3495
Pretty Stable
Price Fair Value1.982.37951.6759
Slightly volatile
Return On Equity0.320.30910.226
Slightly volatile

SLM Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.9 B5.7 B5.4 B
Slightly volatile
Enterprise Value6.7 B7.1 B35 B
Slightly volatile

SLM Fundamental Market Drivers

Forward Price Earnings7.7519
Cash And Short Term Investments4.1 B

SLM Upcoming Events

24th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About SLM Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SLM Corp income statement, its balance sheet, and the statement of cash flows. SLM Corp investors use historical funamental indicators, such as SLM Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although SLM Corp investors may use each financial statement separately, they are all related. The changes in SLM Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SLM Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SLM Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SLM Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue2.6 B2.1 B
Cost Of Revenue573.4 M544.8 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.21  0.14 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.13)(0.14)
Revenue Per Share 7.73  8.12 
Ebit Per Revenue 0.77  0.73 

SLM Corp Investors Sentiment

The influence of SLM Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SLM. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SLM Corp's public news can be used to forecast risks associated with an investment in SLM. The trend in average sentiment can be used to explain how an investor holding SLM can time the market purely based on public headlines and social activities around SLM Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SLM Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SLM Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SLM Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SLM Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SLM Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SLM Corp's short interest history, or implied volatility extrapolated from SLM Corp options trading.

Currently Active Assets on Macroaxis

When determining whether SLM Corp is a strong investment it is important to analyze SLM Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SLM Corp's future performance. For an informed investment choice regarding SLM Stock, refer to the following important reports:
Check out the analysis of SLM Corp Correlation against competitors.
To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is SLM Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SLM Corp. If investors know SLM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SLM Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
0.44
Earnings Share
2.41
Revenue Per Share
6.326
Quarterly Revenue Growth
8.819
The market value of SLM Corp is measured differently than its book value, which is the value of SLM that is recorded on the company's balance sheet. Investors also form their own opinion of SLM Corp's value that differs from its market value or its book value, called intrinsic value, which is SLM Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SLM Corp's market value can be influenced by many factors that don't directly affect SLM Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SLM Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SLM Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SLM Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.