SLM Corporation (SLM) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 6.95B | 6.03B | 5.47B | 6B | 5.48B | 8.41B | 6.3B | 7.35B | 5.69B | 8.31B | 5.44B | 5.57B | 5.5B | 8.54B | 6.51B | 5.24B | 7.09B | 8.31B | 6.96B | 8.26B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | 203.9 | 187.58 | 216.32 | 161.84 | 205.86 | 198.95 | 161.35 | 150.25 | 179.85 | 187.5 | 153.89 | 172.89 | 205.51 | 180.72 | 154.66 | 227.77 | 195.45 | 271.79 | 241.81 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 177.26M | 193.14M | 163.76M | 173.49M | 173.89M | 170.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 180.78M | 23.72B | 24.13B | 23.6B | 23.42B | 21.66B | 23.71B | 21.42B | 22.59B | 20.86B | 23.83B | 22.14B | 23.95B | 20.27B | 22.63B | 22.26B | 21.97B | 20.92B | 21.83B | 20.67B |
| Property, Plant & Equipment | 121.55M | 122.19M | 119.29M | 117.82M | 117.43M | 119.35M | 122.97M | 126.44M | 127.41M | 129.5M | 132.62M | 134.9M | 137.89M | 140.73M | 144.03M | 146.81M | 148.15M | 150.52M | 153.33M | 153.97M |
| Fixed Asset Turnover | - | 6.08x | 7.00x | 5.81x | 7.28x | 5.69x | 5.43x | 6.17x | 6.52x | 5.54x | 5.06x | 5.70x | 4.73x | 3.81x | 4.23x | 4.89x | 3.26x | 4.04x | 3.00x | 3.15x |
| Goodwill | 0 | 59.97M | 60.77M | 56.1M | 56.1M | 56.1M | 56.1M | 56.1M | 56.1M | 56.1M | 56.1M | 50.65M | 50.65M | 50.65M | 0 | 50.6M | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 5.51M | 6.41M | 7.43M | 8.77M | 10M | 11.39M | 12.61M | 71.62M | 63.1M | 65.35M | 67.62M | 120.57M | 72.25M | 125.27M | 0 | 0 | 0 |
| Long-Term Investments | 0 | 23.14B | 23.51B | 22.91B | 22.85B | 21.01B | 23.03B | 20.96B | 22.12B | 20.4B | 23.28B | 21.62B | 23.41B | 19.75B | 22.09B | 21.74B | 21.43B | 20.48B | 21.42B | 20.26B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 29.41B | 29.75B | 29.61B | 29.6B | 28.9B | 30.07B | 30.01B | 28.77B | 28.28B | 29.17B | 29.27B | 27.71B | 29.45B | 28.81B | 29.14B | 27.5B | 29.05B | 29.22B | 28.79B | 28.93B |
| Asset Turnover | - | 0.02x | 0.03x | 0.02x | 0.03x | 0.02x | 0.02x | 0.03x | 0.03x | 0.02x | 0.02x | 0.03x | 0.02x | 0.02x | 0.02x | 0.03x | 0.02x | 0.02x | 0.02x | 0.02x |
| Asset Growth % | 1.77% | -1.08% | -1.36% | 2.9% | 2.2% | 3.09% | 2.53% | 3.83% | -3.99% | 1.24% | 0.46% | 0.76% | 1.38% | -1.41% | 1.21% | -4.93% | -5.15% | -5.03% | -6.04% | -4.89% |
| Total Current Liabilities | 498.89M | 21.56B | 20.01B | 20.48B | 20.07B | 21.07B | 21.45B | 20.74B | 20.9B | 21.65B | 21.55B | 20.36B | 21.8B | 21.45B | 21.28B | 19.98B | 21.19B | 20.83B | 21.09B | 21.32B |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 498.89M | 498.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 199.58M | 199.38M |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 21.06B | 20.01B | 20.48B | 20.07B | 21.07B | 21.45B | 20.74B | 20.9B | 21.65B | 21.55B | 20.36B | 21.8B | 21.45B | 21.28B | 19.98B | 21.19B | 20.83B | 20.89B | 21.12B |
| Current Ratio | 13.93x | 0.28x | 0.27x | 0.29x | 0.27x | 0.40x | 0.29x | 0.35x | 0.27x | 0.38x | 0.25x | 0.27x | 0.25x | 0.40x | 0.31x | 0.26x | 0.33x | 0.40x | 0.33x | 0.39x |
| Quick Ratio | 13.93x | 0.28x | 0.27x | 0.29x | 0.27x | 0.40x | 0.29x | 0.35x | 0.27x | 0.38x | 0.25x | 0.27x | 0.25x | 0.40x | 0.31x | 0.26x | 0.33x | 0.40x | 0.33x | 0.39x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 26.47B | 5.74B | 7.25B | 6.75B | 6.43B | 6.84B | 6.43B | 5.74B | 5.26B | 5.64B | 5.92B | 5.54B | 5.82B | 5.64B | 5.88B | 5.54B | 5.81B | 6.24B | 5.57B | 5.3B |
| Long-Term Debt | 0 | 5.36B | 6.84B | 6.41B | 6.15B | 6.44B | 6.04B | 5.4B | 4.98B | 5.23B | 5.52B | 5.21B | 5.51B | 5.24B | 5.52B | 5.22B | 5.55B | 5.93B | 5.22B | 4.99B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 26.97B | 27.29B | 27.26B | 27.23B | 26.5B | 27.91B | 27.88B | 26.49B | 26.16B | 27.29B | 27.47B | 25.9B | 27.63B | 27.08B | 27.16B | 25.52B | 27.01B | 27.07B | 26.66B | 26.62B |
| Total Debt | 498.89M | 5.86B | 6.84B | 6.41B | 6.15B | 6.44B | 6.04B | 5.4B | 4.98B | 5.23B | 5.52B | 5.21B | 5.51B | 5.24B | 5.52B | 5.22B | 5.55B | 5.93B | 5.42B | 5.19B |
| Net Debt | -4.66B | 1.62B | 3.3B | 2.32B | 2.45B | 1.74B | 1.55B | 140.56M | 1.39B | 1.08B | 1.97B | 1.34B | 1.8B | 619M | 675.56M | 1.57B | 2.29B | 1.6B | 2.7B | 691.13M |
| Debt / Equity | 0.20x | 2.39x | 2.92x | 2.70x | 2.56x | 2.98x | 2.83x | 2.37x | 2.35x | 2.78x | 3.07x | 2.89x | 3.02x | 3.03x | 2.79x | 2.64x | 2.72x | 2.76x | 2.54x | 2.25x |
| Debt / EBITDA | - | 18.55x | 35.86x | 69.31x | 15.06x | 48.61x | - | 15.68x | 12.65x | 18.11x | 115.63x | 14.35x | 33.90x | - | 49.57x | 11.27x | 32.45x | 14.31x | 56.37x | 26.31x |
| Net Debt / EBITDA | - | 5.13x | 17.30x | 25.07x | 6.01x | 13.13x | - | 0.41x | 3.54x | 3.73x | 41.24x | 3.68x | 11.05x | - | 6.06x | 3.39x | 13.38x | 3.85x | 28.10x | 3.50x |
| Interest Coverage | - | 1.13x | 0.65x | 0.31x | 1.43x | 0.44x | -0.20x | 1.26x | 1.40x | 0.80x | 0.15x | 1.44x | 0.67x | -0.48x | 0.70x | 4.55x | 1.85x | 4.50x | 1.02x | 2.02x |
| Total Equity | 2.44B | 2.45B | 2.34B | 2.37B | 2.4B | 2.16B | 2.13B | 2.28B | 2.11B | 1.88B | 1.8B | 1.81B | 1.83B | 1.73B | 1.98B | 1.98B | 2.04B | 2.15B | 2.13B | 2.3B |
| Equity Growth % | 1.53% | 13.49% | 9.73% | 4.02% | 13.58% | 14.84% | 18.59% | 26.4% | 15.69% | 8.91% | -9.23% | -8.62% | -10.62% | -19.66% | -6.99% | -14.18% | -21.63% | -16.12% | -3.14% | 14.2% |
| Book Value per Share | 12.32 | 11.83 | 11.30 | 11.35 | 11.17 | 9.99 | 9.93 | 10.26 | 9.44 | 8.30 | 7.96 | 7.60 | 7.50 | 7.06 | 7.81 | 7.48 | 7.28 | 7.34 | 7.11 | 7.26 |
| Total Shareholders' Equity | 2.44B | 2.45B | 2.34B | 2.37B | 2.4B | 2.16B | 2.13B | 2.28B | 2.11B | 1.88B | 1.8B | 1.81B | 1.83B | 1.73B | 1.98B | 1.98B | 2.04B | 2.15B | 2.13B | 2.3B |
| Common Stock | 89.09M | 88.65M | 88.64M | 88.59M | 88.57M | 88.12M | 88.11M | 88.06M | 88.03M | 87.65M | 87.64M | 87.6M | 87.53M | 87.03M | 87.02M | 87.02M | 86.92M | 86.4M | 86.4M | 86.3M |
| Retained Earnings | 5.01B | 4.73B | 4.53B | 4.43B | 4.39B | 4.11B | 4.03B | 4.11B | 3.88B | 3.62B | 3.49B | 3.49B | 3.25B | 3.16B | 3.27B | 3.23B | 2.91B | 2.82B | 2.54B | 2.48B |
| Treasury Stock | 0 | -3.82B | -3.72B | -3.55B | -3.48B | -3.42B | -3.37B | -3.26B | -3.2B | -3.16B | -3.06B | -3.06B | -2.8B | -2.79B | -2.64B | -2.62B | -2.25B | -2.06B | -1.8B | -1.55B |
| Accumulated OCI | -38.05M | -40.13M | -45.17M | -60.83M | -55.63M | -65.86M | -50.34M | -78.81M | -77.29M | -75.1M | -101.31M | -83.56M | -78.33M | -93.87M | -93.48M | -64M | -39.51M | -17.9M | -19.7M | -21.64M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |