SLM Corporation (SLM) Earnings History
Steady Earner37 years of earnings data (1989–2025) · Positive but moderate multi-year EPS trajectory
Loading earnings history...
SLM Corporation (SLM) Earnings Overview
As of June 23, 2026, SLM Corporation (SLM) reported trailing twelve-month net income of $745M, reflecting +29.1% year-over-year growth. The company earned $3.76 per diluted share over the past four quarters, with a net profit margin of 24.0%.
Looking at the long-term picture, SLM's 5-year EPS compound annual growth rate (CAGR) stands at +9.0%, showing solid earnings momentum. The company achieved its highest annual net income of $1.91B in fiscal 2004.
SLM Corporation maintains industry-leading profitability with a gross margin of 53.1%, operating margin of 31.9%, and net margin of 24.0%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including NAVI (-$60M net income, -2.5% margin), HFBL ($5M net income, 12.0% margin), COF ($2.45B net income, 3.5% margin), SLM has outperformed on profitability metrics. Compare SLM vs NAVI →
SLM Earnings vs Peers
Earnings metrics vs comparable public companies
SLM Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $745M | +22.4% | $993M | $3.46 | 24.0% | 31.9% |
| 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% |
| 2014 | $194M | -25.0% | $334M | $0.42 | 23.4% | 40.1% |
| 2013 | $259M | +19.0% | $417M | $3.12 | 30.5% | 49.0% |
| 2012 | $218M | -65.6% | $342M | $1.90 | 28.7% | 45.1% |
| 2011 | $633M | +19.4% | $925M | $1.18 | 11.2% | 16.3% |
| 2010 | $530M | +63.6% | $1.09B | $0.94 | 7.8% | 16.1% |
| 2009 | $324M | +252.4% | $808M | $0.38 | 5.3% | 13.3% |
| 2008 | -$213M | +76.3% | -$34M | $-0.69 | -2.7% | -0.4% |
| 2007 | -$896M | -177.5% | -$492M | $-2.17 | -9.8% | -5.4% |
| 2006 | $1.16B | -16.3% | $2.00B | $2.63 | 13.2% | 22.8% |
| 2005 | $1.38B | -27.8% | $2.12B | $3.05 | 21.2% | 32.5% |
| 2004 | $1.91B | +24.8% | $2.56B | $4.02 | 36.7% | 49.0% |
| 2003 | $1.53B | +93.6% | $2.18B | $3.31 | 36.9% | 52.5% |
| 2002 | $792M | +106.3% | $1.22B | $1.64 | 23.0% | 35.6% |
| 2001 | $384M | -17.4% | $607M | $0.76 | 9.7% | 15.3% |
| 2000 | $465M | -7.1% | $701M | $0.92 | 11.2% | 16.8% |
| 1999 | $501M | -0.1% | $741M | $1.02 | 15.4% | 22.7% |
| 1998 | $502M | -1.3% | $740M | $0.98 | 16.3% | 24.1% |
| 1997 | $508M | +24.3% | $749M | $0.93 | 13.3% | 19.6% |
| 1996 | $409M | -17.7% | $590M | $0.70 | 11.3% | 16.3% |
| 1995 | $496M | +23.2% | $508M | $0.69 | 13.4% | 13.7% |
| 1994 | $403M | -6.3% | $569M | $0.47 | 14.1% | 20.0% |
| 1993 | $430M | +9.2% | $690M | $0.46 | 17.8% | 28.5% |
| 1992 | $394M | +14.1% | $608M | $0.40 | 15.1% | 23.3% |
| 1991 | $345M | +14.7% | $469M | $0.34 | 11.1% | 15.0% |
| 1990 | $301M | +16.8% | $400M | $0.28 | 8.6% | 11.4% |
| 1989 | $258M | - | $348M | $0.24 | 8.1% | 11.0% |
Download Data
Export SLM earnings history in CSV or JSON format
Free sign-in required to download data
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
37+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
SLM — Frequently Asked Questions
Quick answers to the most common questions about buying SLM stock.
What is SLM earnings per share (EPS)?
SLM trailing twelve-month (TTM) diluted EPS is $3.76, reflecting +29.1% year-over-year growth. The 5-year EPS CAGR is +9.0%. Complete EPS history from 1989 to 2025 is available in the table on this page.
What is SLM Corporation's net income?
SLM Corporation (SLM) trailing twelve-month net income is $745M as of 2025. Earnings grew +29.1% year-over-year. SLM Corporation has been profitable for 17 consecutive years.
Is SLM profitable?
Yes, SLM is profitable with a TTM net income of $745M and a net profit margin of +24.0%. SLM Corporation has generated profits for 17 consecutive years.
What is SLM's earnings growth rate?
SLM compound annual EPS growth rates (CAGR): 1-Year: +29.1%, 3-Year: +25.3%, 5-Year: +9.0%, 10-Year: +19.3%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1989 to 2025.
What are SLM's profit margins?
SLM Corporation net profit margin is +24.0%, operating margin is +31.9%, and gross margin is +53.1%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +32.3%.
Is SLM growing earnings?
Yes, SLM earnings are accelerating — EPS growth of +29.1% exceeds the 5-year CAGR of +9.0%. TTM net income reached $745M. Earnings momentum is strengthening.
What was SLM's best earnings year?
SLM Corporation's highest annual net income on record is $1.9B, achieved in fiscal year 2004. Earnings history on this page spans 1989 to 2025 and includes all annual and quarterly figures.
What were SLM's earnings last quarter?
SLM's most recent reported quarter was Q1 2026. Net income was $304M with diluted EPS of $1.54. For a full breakdown of all quarters, see the quarterly earnings table on this page.