SLM Corporation (SLM) Earnings History
Annual and quarterly earnings data from 1989 to 2024
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 48.2% | 26.7% | 20.4% |
| 2023 | 51.6% | 27.4% | 20.5% |
| 2022 | 50.3% | 26.7% | 19.8% |
| 2021 | 85.5% | 63.9% | 48.2% |
| 2020 | 72.9% | 49.3% | 37.6% |
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SLM Corporation (SLM) Earnings Overview
As of March 2, 2026, SLM Corporation (SLM) reported trailing twelve-month net income of $623M, reflecting +0.1% year-over-year growth. The company earned $3.01 per diluted share over the past four quarters, with a net profit margin of 0.2%.
Looking at the long-term picture, SLM's 5-year EPS compound annual growth rate (CAGR) stands at +14.9%, showing solid earnings momentum. The company achieved its highest annual net income of $1.91B in fiscal 2004.
SLM Corporation maintains positive profitability with a gross margin of 0.5%, operating margin of 0.3%, and net margin of 0.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including SOFI ($640M net income, 0.1% margin), JSM (-$50M net income, 0.0% margin), NNI ($428M net income, 0.3% margin), SLM has outperformed on profitability metrics. Compare SLM vs SOFI →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
36 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $608M | +4.6% | $799M | $2.68 | 20.4% | 26.7% |
| 2023 | $581M | +24.0% | $778M | $2.41 | 20.5% | 27.4% |
| 2022 | $469M | -59.6% | $631M | $1.76 | 19.8% | 26.7% |
| 2021 | $1.16B | +31.8% | $1.54B | $3.61 | 48.2% | 63.9% |
| 2020 | $881M | +52.3% | $1.15B | $2.25 | 37.6% | 49.3% |
| 2019 | $578M | +18.6% | $744M | $1.34 | 24.3% | 31.3% |
| 2018 | $487M | +68.7% | $559M | $1.07 | 25.9% | 29.7% |
| 2017 | $289M | +15.4% | $491M | $0.62 | 20.1% | 34.3% |
| 2016 | $250M | -8.7% | $414M | $0.53 | 21.8% | 36.2% |
| 2015 | $274M | +41.2% | $439M | $0.59 | 27.1% | 43.3% |
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Start ComparisonFrequently Asked Questions
Is SLM growing earnings?
SLM EPS of $3.01 reflects slowing growth at +0.1%, below the 5-year CAGR of +14.9%. TTM net income is $623M. Expansion rate has moderated.
What are SLM's profit margins?
SLM Corporation net margin is +0.2%, with operating margin at +0.3%. Below-average margins reflect competitive or cost pressures.
How consistent are SLM's earnings?
SLM earnings data spans 1989-2024. The current earnings trend is +0.1% YoY. Historical data enables comparison across business cycles.