SLM
Income statement / Annual
Last year (2024), SLM Corporation's total revenue was $2.99 B,
an increase of 5.21% from the previous year.
In 2024, SLM Corporation's net income was $608.33 M.
See SLM Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
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 |
| Operating Revenue |
$2.99 B |
$2.84 B |
$2.37 B |
$2.41 B |
$2.34 B |
$2.38 B |
$1.88 B |
$1.43 B |
$1.15 B |
$1.01 B |
| Cost of Revenue |
$1.55 B
|
$1.38 B
|
$1.18 B
|
$349.12 M
|
$634.80 M
|
$1.06 B
|
$767.15 M
|
$493.85 M
|
$345.31 M
|
$218.67 M
|
| Gross Profit |
$1.44 B
|
$1.46 B
|
$1.19 B
|
$2.06 B
|
$1.71 B
|
$1.32 B
|
$1.12 B
|
$940.55 M
|
$800.75 M
|
$795.04 M
|
| Gross Profit Ratio |
0.48
|
0.52
|
0.5
|
0.86
|
0.73
|
0.55
|
0.59
|
0.66
|
0.7
|
0.78
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$400.99 M
|
$372.32 M
|
$291.29 M
|
$281.69 M
|
$304.45 M
|
$311.08 M
|
$285.13 M
|
$242.27 M
|
$203.21 M
|
$173.32 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$400.99 M
|
$372.32 M
|
$291.29 M
|
$281.69 M
|
$304.45 M
|
$311.08 M
|
$285.13 M
|
$242.27 M
|
$203.21 M
|
$173.32 M
|
| Other Expenses |
$240.91 M
|
$313.25 M
|
$267.95 M
|
$238.22 M
|
$248.52 M
|
$263.17 M
|
$271.84 M
|
$206.82 M
|
$183.11 M
|
$182.65 M
|
| Operating Expenses |
$641.90 M
|
$685.57 M
|
$559.24 M
|
$519.91 M
|
$552.97 M
|
$574.25 M
|
$556.98 M
|
$449.09 M
|
$386.31 M
|
$355.97 M
|
| Cost And Expenses |
$2.19 B
|
$2.06 B
|
$1.74 B
|
$869.03 M
|
$1.19 B
|
$1.64 B
|
$1.32 B
|
$942.94 M
|
$731.63 M
|
$574.65 M
|
| Interest Income |
$2.62 B
|
$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
|
| Interest Expense |
$1.14 B
|
$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
|
| Depreciation & Amortization |
$17.65 M
|
$17.81 M
|
$17.33 M
|
$16.04 M
|
$15.07 M
|
$14.67 M
|
$13.83 M
|
$11.17 M
|
$9.59 M
|
$8.92 M
|
| EBITDA |
$816.29 M |
$796.11 M |
$648.06 M |
$1.56 B |
$1.17 B |
$758.41 M |
$573.16 M |
$502.64 M |
$424.03 M |
$447.98 M |
| EBITDA Ratio |
0.27
|
0.28
|
0.27
|
0.65
|
0.5
|
0.32
|
0.3
|
0.35
|
0.37
|
0.44
|
| Operating Income Ratio |
0.27
|
0.27
|
0.27
|
0.64
|
0.49
|
0.31
|
0.3
|
0.34
|
0.36
|
0.43
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$798.64 M
|
$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
|
| Income Before Tax Ratio |
0.27
|
0.27
|
0.27
|
0.64
|
0.49
|
0.31
|
0.3
|
0.34
|
0.36
|
0.43
|
| Income Tax Expense |
$190.31 M
|
$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
|
| Net Income |
$608.33 M
|
$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
|
| Net Income Ratio |
0.2
|
0.2
|
0.2
|
0.48
|
0.38
|
0.24
|
0.26
|
0.2
|
0.22
|
0.27
|
| EPS |
2.73 |
2.44 |
1.78 |
3.67 |
2.27 |
1.35 |
1.08 |
0.63 |
0.54 |
0.6 |
| EPS Diluted |
2.68 |
2.41 |
1.76 |
3.61 |
2.25 |
1.34 |
1.07 |
0.62 |
0.53 |
0.59 |
| Weighted Average Shares Out |
$216.22 M
|
$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
|
| Weighted Average Shares Out Diluted |
$219.93 M
|
$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
|
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