SLM Historical Income Statement
| SLM Stock | USD 20.03 0.61 2.96% |
Historical analysis of SLM Corp income statement accounts such as EBITDA of 2.1 B, Total Operating Expenses of 588.2 M, Net Income of 585 M or Income Tax Expense of 273.6 M can show how well SLM Corp performed in making a profits. Evaluating SLM Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SLM Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining SLM Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SLM Corp is a good buy for the upcoming year.
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About SLM Income Statement Analysis
SLM Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SLM Corp shareholders. The income statement also shows SLM investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
SLM Corp Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SLM Corp. It is also known as SLM Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from SLM Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SLM Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in SLM Corp financial statement analysis. It represents the amount of money remaining after all of SLM Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from SLM Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SLM Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SLM Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.At this time, SLM Corp's Net Income From Continuing Ops is very stable compared to the past year. As of the 17th of June 2024, Net Income Applicable To Common Shares is likely to grow to about 663.1 M, while Other Operating Expenses is likely to drop about 1.1 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 1.5B | 637.6M | 1.4B | 1.3B | Other Operating Expenses | 487.0M | 551.5M | 1.2B | 1.1B |
SLM Corp income statement Correlations
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SLM Corp Account Relationship Matchups
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SLM Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 707.7M | 541.7M | 382.1M | 542.8M | 13.5M | 12.8M | |
| Other Operating Expenses | 928.5M | 657.4M | 487.0M | 551.5M | 1.2B | 1.1B | |
| Operating Income | 743.7M | 1.2B | 1.5B | 637.6M | 1.4B | 1.3B | |
| Ebit | 743.7M | 1.2B | 1.5B | 637.6M | 1.4B | 1.3B | |
| Ebitda | 758.4M | 1.2B | 1.6B | 645.3M | 1.4B | 2.1B | |
| Total Operating Expenses | (928.5M) | (657.4M) | (487.0M) | 551.5M | 619.2M | 588.2M | |
| Net Income | 578.3M | 880.7M | 1.2B | 469.0M | 563.7M | 585.0M | |
| Income Tax Expense | 165.5M | 273.3M | 379.8M | 161.7M | 196.9M | 273.6M | |
| Selling General Administrative | 311.1M | 304.5M | 281.7M | 291.3M | 359.9M | 351.5M | |
| Total Revenue | 1.7B | 1.8B | 2.0B | 1.8B | 2.6B | 2.1B | |
| Gross Profit | 1.4B | 1.6B | 1.5B | 1.3B | 2.0B | 2.1B | |
| Income Before Tax | 743.7M | 1.2B | 1.5B | 630.7M | 778.3M | 951.9M | |
| Total Other Income Expense Net | (516.3M) | (95.9M) | 777.4M | (6.8M) | (621.4M) | (590.3M) | |
| Depreciation And Amortization | 14.7M | 15.1M | 16.0M | 7.8M | 84.2M | 88.4M | |
| Cost Of Revenue | 263.2M | 233.6M | 495.3M | 530.5M | 573.4M | 544.8M | |
| Net Income From Continuing Ops | 578.3M | 880.7M | 1.2B | 469.0M | 335.9M | 477.8M | |
| Net Income Applicable To Common Shares | 561.4M | 871.0M | 1.2B | 460.0M | 529.0M | 663.1M | |
| Preferred Stock And Other Adjustments | 16.8M | 9.7M | 4.7M | 9.0M | 8.1M | 12.0M | |
| Tax Provision | 165.5M | 273.3M | 379.8M | 161.7M | 120.6M | 208.3M | |
| Interest Income | 2.3B | 2.0B | 1.8B | 2.0B | 2.5B | 1.8B | |
| Net Interest Income | 1.6B | 1.5B | 1.4B | 1.5B | 1.6B | 1.5B | |
| Reconciled Depreciation | 14.7M | 15.1M | 16.0M | 7.8M | 27.5M | 16.7M |
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Additional Information and Resources on Investing in SLM Stock
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 World Market Map to better understand how to build diversified portfolios, which includes a position in SLM Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Consumer Finance space 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 1.702 | Dividend Share 0.44 | Earnings Share 3.21 | Revenue Per Share 7.519 | Quarterly Revenue Growth 0.756 |
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.