SLM
Income statement / Annual
Last year (2023), SLM Corporation's total revenue was $2.59 B,
an increase of 42.17% from the previous year.
In 2023, SLM Corporation's net income was $581.39 M.
See SLM Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$2.59 B
|
$1.82 B
|
$2.03 B
|
$1.81 B
|
$1.67 B
|
$1.36 B
|
$1.13 B
|
$960.15 M
|
$885.09 M
|
$735.76 M
|
| Cost of Revenue |
$573.44 M |
$530.52 M |
$495.29 M |
$233.64 M |
$263.17 M |
$271.84 M |
$206.35 M |
$182.20 M |
$349.10 M |
$274.88 M |
| Gross Profit |
$2.02 B |
$1.29 B |
$1.53 B |
$1.58 B |
$1.41 B |
$1.09 B |
$919.97 M |
$777.95 M |
$536.00 M |
$460.88 M |
| Gross Profit Ratio |
0.78 |
0.71 |
0.76 |
0.87 |
0.84 |
0.8 |
0.82 |
0.81 |
0.61 |
0.63 |
| Research and Development
Expenses |
$0.00
|
$0.27
|
$0.65
|
$0.50
|
$0.31
|
$0.30
|
$0.34
|
$0.36
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$45.77 M
|
$291.29 M
|
$281.69 M
|
$304.45 M
|
$311.08 M
|
$285.13 M
|
$242.27 M
|
$203.21 M
|
$158.98 M
|
$129.71 M
|
| Selling & Marketing
Expenses |
$326.55 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$372.32 M
|
$291.29 M
|
$281.69 M
|
$304.45 M
|
$311.08 M
|
$285.13 M
|
$242.27 M
|
$203.21 M
|
$158.98 M
|
$129.71 M
|
| Other Expenses |
$0.00 |
$551.46 M |
-$768.64 M |
-$961.89 M |
-$1.24 B |
$1.04 B |
$700.73 M |
$528.80 M |
$409.03 M |
$326.29 M |
| Operating Expenses |
$619.21 M |
$551.46 M |
-$486.95 M |
-$657.44 M |
-$928.50 M |
$1.32 B |
$943.00 M |
$732.00 M |
$568.00 M |
$456.00 M |
| Cost And Expenses |
$1.19 B |
$551.46 M |
-$486.95 M |
-$657.44 M |
-$928.50 M |
$1.32 B |
$654.97 M |
$567.61 M |
$698.19 M |
$549.76 M |
| Interest Income |
$2.59 B |
$2.03 B |
$1.78 B |
$2.02 B |
$2.33 B |
$1.94 B |
$1.44 B |
$1.08 B |
$831.12 M |
$674.29 M |
| Interest Expense |
$1.03 B |
$542.80 M |
$382.08 M |
$541.67 M |
$707.72 M |
$522.29 M |
$308.08 M |
$185.91 M |
$128.62 M |
$95.82 M |
| Depreciation &
Amortization |
$84.18 M
|
$1.56 B
|
$687.69 M
|
$984.70 M
|
$1.63 B
|
$1.32 B
|
$944.54 M
|
$744.39 M
|
$1.48 M
|
$5.29 M
|
| EBITDA |
$1.40 B
|
$0.00
|
$762.91 M
|
$1.25 B
|
$758.41 M
|
$0.00
|
$503.11 M
|
$424.93 M
|
$132.93 M
|
$124.53 M
|
| EBITDA Ratio |
0.54 |
0.35 |
0.77 |
0.65 |
0.45 |
0.8 |
0.72 |
0.64 |
0.65 |
0.6 |
| Operating Income Ratio
|
0.42
|
0.35
|
0.76
|
0.64
|
0.44
|
0.79
|
0.69
|
0.53
|
0.15
|
0.17
|
| Total Other
Income/Expenses Net |
-$313.25 M
|
-$267.95 M
|
$777.36 M
|
-$95.93 M
|
$0.00
|
$0.00
|
-$206.82 M
|
-$173.11 M
|
$306.14 M
|
$209.22 M
|
| Income Before Tax |
$778.30 M |
$630.73 M |
$1.54 B |
$1.15 B |
$743.74 M |
$559.33 M |
$491.47 M |
$414.44 M |
$439.06 M |
$333.75 M |
| Income Before Tax Ratio
|
0.3
|
0.35
|
0.76
|
0.64
|
0.44
|
0.41
|
0.44
|
0.43
|
0.5
|
0.45
|
| Income Tax Expense |
$196.91 M |
$161.71 M |
$379.75 M |
$273.32 M |
$165.46 M |
$71.85 M |
$202.53 M |
$164.11 M |
$164.78 M |
$139.97 M |
| Net Income |
$581.39 M |
$469.01 M |
$1.16 B |
$880.69 M |
$578.28 M |
$487.48 M |
$288.93 M |
$250.33 M |
$274.28 M |
$194.22 M |
| Net Income Ratio |
0.22 |
0.26 |
0.57 |
0.49 |
0.35 |
0.36 |
0.26 |
0.26 |
0.31 |
0.26 |
| EPS |
2.44 |
1.78 |
3.67 |
2.27 |
1.35 |
1.12 |
0.67 |
0.59 |
0.64 |
0.46 |
| EPS Diluted |
2.41 |
1.76 |
3.61 |
2.25 |
1.34 |
1.11 |
0.66 |
0.58 |
0.63 |
0.45 |
| Weighted Average Shares
Out |
$231.41 M
|
$258.44 M
|
$314.99 M
|
$383.71 M
|
$427.29 M
|
$435.05 M
|
$431.22 M
|
$427.88 M
|
$425.57 M
|
$423.97 M
|
| Weighted Average Shares
Out Diluted |
$234.06 M
|
$261.50 M
|
$319.91 M
|
$387.20 M
|
$430.67 M
|
$439.68 M
|
$438.55 M
|
$432.92 M
|
$432.23 M
|
$432.27 M
|
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