Slm Corp - Understand $slm stock

$SLM Market Cap: $5.699 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.958B

TTM

Gross Margin

Net Earnings

$655.8M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$30.01B

Q3 2024

Total Liabilities

$27.88B

Q3 2024

Book Value

$2.134B

Q3 2024

Cash

$4.490B

Q3 2024

P/E

8.690

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984
Revenue	$2.592B	$2.032B	$1.777B	$2.022B	$2.331B	$1.935B	$1.437B	$1.077B	$831.1M	$674.3M	$551.2M	$491.3M	$472.3M	$5.754B
YoY Change	27.6%	14.34%	-12.11%	-13.27%	20.44%	34.65%	33.42%	29.61%	23.26%	22.33%	12.2%	4.02%	-91.79%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$2.592B	$2.032B	$1.777B	$2.022B	$2.331B	$1.935B	$1.437B	$1.077B	$831.1M	$674.3M	$551.2M	$491.3M	$472.3M	$5.754B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$18.00M	$17.00M	$16.00M	$15.00M	$15.00M	$14.00M	$11.00M	$9.592M	$7.400M	$6.100M	$5.059M	$6.837M	$17.48M
YoY Change	5.88%	6.25%	6.67%	0.0%	7.14%	27.27%	14.68%	29.62%	21.31%	20.58%	-26.01%	-60.88%
% of Gross Profit
Operating Expenses			$518.7M	$538.1M	$574.3M	$557.0M	$448.6M	$385.4M	$349.1M	$274.9M	$270.5M	$253.8M	$287.6M	$1.130B
YoY Change			-3.61%	-6.3%	3.1%	24.15%	16.4%	10.4%	27.0%	1.63%	6.58%	-11.76%	-74.55%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$1.030B	$542.8M	$382.1M	$541.7M	$707.7M	$522.3M	$308.1M	$185.9M	$128.6M	$95.82M	$89.09M	$82.91M	$105.4M	$2.275B
YoY Change	89.77%	42.06%	-29.46%	-23.46%	35.5%	69.53%	65.72%	44.54%	34.24%	7.55%	7.45%	-21.32%	-95.37%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984
Pretax Income	$778.3M	$630.7M	$1.540B	$1.154B	$743.7M	$559.3M	$491.5M	$414.4M	$439.1M	$333.8M	$416.5M	$341.9M	$87.85M	$1.229B	$807.9M	-$34.20M	-$492.1M	$1.995B	$2.118B	$2.557B	$2.183B	$1.223B	$617.4M	$711.6M	$751.7M	$750.1M	$759.7M	$600.3M	$513.2M	$605.4M	$827.4M	$701.4M	$469.4M	$400.1M	$347.5M	$310.2M	$281.5M	$222.3M	$201.8M	$166.5M
YoY Change	23.4%	-59.05%	33.47%	55.16%	32.97%	13.81%	18.59%	-5.61%	31.55%	-19.87%	21.84%	289.16%	-92.85%	52.12%	-2462.28%	-93.05%	-124.66%	-5.77%	-17.19%	17.13%	78.44%	98.15%	-13.24%	-5.33%	0.21%	-1.26%	26.55%	16.97%	-15.23%	-26.83%	17.96%	49.42%	17.32%	15.14%	12.02%	10.2%	26.63%	10.16%	21.2%	26.33%
Income Tax	$196.9M	$161.7M	$379.8M	$273.3M	$165.5M	$71.85M	$202.5M	$164.1M	$164.8M	$140.0M	$158.9M	$126.1M	$34.41M	$500.0M	$263.9M	-$36.70M	$408.3M	$834.3M	$728.8M	$642.7M	$779.4M	$431.4M	$223.3M	$235.9M	$240.1M	$238.0M	$241.2M	$180.9M	$141.3M	$175.9M	$260.0M	$214.3M	$124.3M	$99.20M	$90.20M	$85.10M	$81.40M	$77.70M	$78.50M	$67.20M
% Of Pretax Income	25.3%	25.64%	24.65%	23.68%	22.25%	12.85%	41.21%	39.6%	37.53%	41.94%	38.16%	36.9%	39.17%	40.68%	32.66%			41.81%	34.42%	25.13%	35.7%	35.26%	36.17%	33.15%	31.94%	31.73%	31.75%	30.13%	27.53%	29.06%	31.42%	30.55%	26.48%	24.79%	25.96%	27.43%	28.92%	34.95%	38.9%	40.36%
Net Earnings	$563.7M	$469.0M	$1.161B	$880.7M	$578.3M	$487.5M	$288.9M	$250.3M	$274.3M	$194.2M	$258.9M	$217.6M	$54.20M	$530.0M	$324.1M	-$212.6M	-$896.4M	$1.157B	$1.382B	$1.913B	$1.534B	$792.0M	$384.0M	$465.0M	$500.8M	$501.5M	$507.9M	$408.7M	$356.3M	$409.5M	$419.4M	$383.2M	$334.4M	$300.9M	$257.3M	$225.1M	$200.0M	$144.6M	$123.3M	$99.30M
YoY Change	20.19%	-59.59%	31.77%	52.3%	18.63%	68.72%	15.42%	-8.73%	41.22%	-25.0%	18.99%	301.54%	-89.77%	63.53%	-252.45%	-76.28%	-177.48%	-16.3%	-27.75%	24.76%	93.64%	106.25%	-17.42%	-7.15%	-0.14%	-1.26%	24.27%	14.71%	-12.99%	-2.36%	9.45%	14.59%	11.13%	16.95%	14.3%	12.55%	38.31%	17.27%	24.17%	27.96%
Net Earnings / Revenue	21.74%	23.09%	65.31%	43.56%	24.81%	25.19%	20.1%	23.24%	33.0%	28.8%	46.98%	44.3%	11.48%	9.21%
Basic Earnings Per Share	$2.44	$1.78	$3.67	$2.27	$1.31	$1.08	$0.63	$0.54	$0.60	$0.43	$0.59	$0.46	$1.19	$0.94
Diluted Earnings Per Share	$2.41	$1.76	$3.61	$2.25	$1.30	$1.07	$0.62	$0.53	$0.59	$0.42	$0.58	$0.45	$1.18	$0.94	$687.2K	-$455.6K	-$2.175M	$2.564M	$3.003M	$4.021M	$3.181M	$1.669M	$783.4K	$943.0K	$1.023M	$982.9K	$925.5K	$697.4K	$503.1K	$488.8K	$460.0K	$401.3K	$337.5K	$292.2K	$242.2K	$204.3K	$176.6K	$120.9K	$100.4K	$90.73K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$129.5M	$140.7M	$151.0M	$155.0M	$135.0M	$106.0M	$90.00M	$87.00M	$81.00M	$78.00M	$74.00M	$215.0M	$214.0M	$291.0M	$322.0M	$313.0M	$315.0M	$371.0M
YoY Change	-7.98%	-6.8%	-2.58%	14.81%	27.36%	17.78%	3.45%	7.41%	3.85%	5.41%	-65.58%	0.47%	-26.46%	-9.63%	2.88%	-0.63%	-15.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets												$1.478B	$1.427B	$1.283B	$1.750B	$1.661B	$0.00
YoY Change												3.57%	11.22%	-26.69%	5.36%
Total Long-Term Assets
YoY Change
Total Assets	$29.17B	$28.81B	$29.22B	$30.77B	$32.69B	$26.64B	$21.78B	$18.53B	$15.21B	$12.97B	$10.71B	$181.3B	$193.3B	$205.3B	$170.0B	$168.8B	$155.6B	$116.1B	$99.34B	$84.09B	$64.61B	$53.18B	$52.87B	$48.79B	$44.03B	$37.21B	$39.83B	$47.63B	$50.00B	$52.96B	$46.51B	$46.62B	$45.32B	$41.12B	$35.49B	$28.63B	$22.86B	$18.23B	$14.45B	$11.62B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$289.0M			$0.00	$500.0M
YoY Change				-100.0%				-100.0%
Long-Term Debt Due	$721.0M	$726.0M										$2.369B	$1.865B	$4.588B	$5.259B	$6.822B	$8.451B	$3.280B	$3.805B	$2.178B
YoY Change	-0.68%											27.02%	-59.35%	-12.76%	-22.91%	-19.28%	157.65%	-13.8%	74.7%
Total Short-Term Liabilities	$721.0M	$726.0M			$289.0M		$102.0M	$184.0M	$167.0M	$191.0M	$162.0M	$2.369B	$1.865B	$4.588B	$5.259B	$6.822B	$8.451B	$3.280B	$3.805B	$2.178B
YoY Change	-0.68%						-44.57%	10.18%	-12.57%	17.9%	-93.16%	27.02%	-59.35%	-12.76%	-22.91%	-19.28%	157.65%	-13.8%	74.7%
Long-Term Debt	$5.228B	$5.235B	$5.931B	$5.189B	$4.354B	$4.284B	$3.275B	$2.168B	$579.0M	$0.00	$0.00	$152.4B	$154.4B	$163.5B	$130.5B	$118.2B	$111.1B	$104.6B	$88.12B	$75.92B	$39.81B	$22.24B	$17.29B	$14.91B	$4.496B	$8.811B	$14.54B	$22.61B	$30.08B	$34.32B	$30.93B	$30.72B	$31.15B	$24.24B	$18.62B	$17.16B	$14.87B	$12.62B	$10.40B	$8.308B
YoY Change	-0.15%	-11.73%	14.3%	19.18%	1.63%	30.81%	51.06%	274.44%			-100.0%	-1.29%	-5.59%	25.28%	10.42%	6.42%	6.25%	18.66%	16.08%	90.7%	78.98%	28.68%	15.92%	231.65%	-48.97%	-39.41%	-35.68%	-24.85%	-12.34%	10.97%	0.65%	-1.38%	28.5%	30.18%	8.51%	15.41%	17.8%	21.44%	25.12%
Other Long-Term Liabilities	$408.0M	$400.9M	$313.0M	$352.0M	$447.0M	$438.0M	$422.0M	$398.0M	$384.0M	$410.0M	$377.0M	$3.937B	$4.128B	$3.136B	$3.264B	$3.604B	$3.285B	$3.680B	$3.609B	$2.798B	$3.437B	$3.316B	$2.851B	$1.788B	$982.0M	$943.0M	$1.226B	$1.458B	$1.391B	$1.155B	$685.0M	$961.0M	$1.031B	$987.0M	$863.0M	$844.0M	$737.0M	$436.0M	$380.0M	$299.0M
YoY Change	1.77%	28.07%	-11.08%	-21.25%	2.05%	3.79%	6.03%	3.65%	-6.34%	8.75%	-90.42%	-4.63%	31.63%	-3.92%	-9.43%	9.71%	-10.73%	1.97%	28.98%	-18.59%	3.65%	16.31%	59.45%	82.08%	4.14%	-23.08%	-15.91%	4.82%	20.43%	68.61%	-28.72%	-6.79%	4.46%	14.37%	2.25%	14.52%	69.04%	14.74%	27.09%
Total Long-Term Liabilities	$5.635B	$5.636B	$6.244B	$5.541B	$4.801B	$4.722B	$3.697B	$2.566B	$963.0M	$410.0M	$377.0M	$156.3B	$158.5B	$166.7B	$133.8B	$121.8B	$114.4B	$108.2B	$91.73B	$78.71B	$43.25B	$25.56B	$20.14B	$16.70B	$5.478B	$9.754B	$15.77B	$24.06B	$31.47B	$35.47B	$31.61B	$31.69B	$32.18B	$25.23B	$19.49B	$18.01B	$15.61B	$13.06B	$10.78B	$8.607B
YoY Change	-0.01%	-9.74%	12.69%	15.41%	1.67%	27.73%	44.08%	166.46%	134.88%	8.75%	-99.76%	-1.38%	-4.89%	24.56%	9.83%	6.51%	5.68%	18.0%	16.53%	82.02%	69.2%	26.93%	20.58%	204.84%	-43.84%	-38.14%	-34.48%	-23.54%	-11.28%	12.22%	-0.24%	-1.55%	27.56%	29.48%	8.21%	15.37%	19.51%	21.21%	25.19%
Total Liabilities	$27.29B	$27.08B	$27.07B	$28.21B	$29.38B	$23.67B	$19.31B	$16.19B	$13.12B	$11.14B	$9.545B	$176.2B	$188.1B	$200.3B	$164.7B	$163.8B	$150.3B	$111.8B	$95.55B	$80.99B	$61.98B	$51.18B	$51.20B	$47.38B	$43.18B	$36.56B	$39.16B	$46.80B	$48.92B	$51.49B	$45.23B	$45.40B	$44.17B	$40.03B	$34.45B	$27.83B	$22.18B	$17.58B	$13.78B	$11.04B
YoY Change	0.76%	0.04%	-4.03%	-3.97%	24.12%	22.59%	19.27%	23.39%	17.73%	16.73%	-94.58%	-6.33%	-6.09%	21.61%	0.57%	8.93%	34.5%	16.99%	17.97%	30.67%	21.11%	-0.05%	8.07%	9.71%	18.13%	-6.64%	-16.32%	-4.34%	-4.99%	13.84%	-0.38%	2.79%	10.34%	16.19%	23.8%	25.47%	26.18%	27.6%	24.73%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	231.4M shares	258.4M shares	315.0M shares	383.7M shares	427.3M shares	435.1M shares	431.2M shares	427.9M shares	425.6M shares	424.0M shares	440.1M shares	476.1M shares	517.0M shares	487.0M shares	470.9M shares
Diluted Shares Outstanding	234.1M shares	261.5M shares	319.9M shares	387.2M shares	430.7M shares	439.7M shares	438.6M shares	432.9M shares	432.2M shares	432.3M shares	448.5M shares	482.9M shares	523.0M shares	488.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $5.6989 Billion

About SLM Corp

SLM Corp. engages in the provision and administration of education loans. The company is headquartered in Newark Delaware, Delaware and currently employs 1,740 full-time employees. The Company’s primary business is to originate and service loans it makes to students and their families to finance the cost of their education. The company also offers a range of deposit products insured by the Federal Deposit Insurance Corporation. Its primary private education loan product is the Smart Option Student Loan, which emphasizes in-school payment features that can produce shorter terms and reduce customers’ total finance charges. Smart Option Student Loan generally runs for six months after the borrower separates from school but can run for up to 36 months for a small subset of graduate loans. The company also offers six loan products for specific graduate programs of study. These include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Graduate School Loan for Health Professions, the Sallie Mae Medical School Loan, and others.

Industry: Personal Credit Institutions Peers: BREAD FINANCIAL HOLDINGS, INC. Ally Financial Inc. AMERICAN EXPRESS CO CREDIT ACCEPTANCE CORP FirstCash Holdings, Inc. NELNET INC NAVIENT CORP OneMain Holdings, Inc. SoFi Technologies, Inc. Upstart Holdings, Inc.