← SLM Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $229.1m |
$273.2m
+19.25%
|
$471.8m
+72.69%
|
$561.4m
+18.99%
|
$871.0m
+55.13%
|
$1.2b
+32.70%
|
$460.0m
-60.20%
|
$563.7m
+22.54%
|
$590.0m
+4.67%
|
$729.1m
+23.57%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $250.3m | $288.9m | $487.5m | $578.3m | $880.7m | $1.2b | $469.0m | $581.4m | $608.3m | $744.8m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $906k | $469k | — | — | — | — | $7.8m | $10.0m | $5.0m | $4.0m | — | |
| Depreciation | $9.6m | $11.2m | $13.8m | $14.7m | $15.1m | $16.0m | $17.3m | $17.8m | $17.7m | $16.2m | $16.7m | |
| Amortization Cash Flow | — | — | — | — | — | $0 | $7.8m | $66.4m | — | — | — | |
| Amortization Of Intangibles | — | — | — | — | — | $0 | $7.8m | $66.4m | — | — | $62.8m | |
| Deferred Income Tax Expense (Benefit) | ($88.7m) | ($58.8m) | ($63.3m) | ($9.7m) | $72.8m | $55.4m | ($93.7m) | ($23.2m) | ($34.3m) | $50.3m | $49.7m | |
| Deferred Income Tax | — | — | — | — | — | — | ($88.4m) | ($20.4m) | ($34.3m) | $50.3m | $49.7m | |
| Deferred Tax | — | — | — | — | — | — | ($88.4m) | ($20.4m) | ($34.3m) | $50.3m | $49.7m | |
| Share-based Payment Arrangement, Noncash Expense | $22.9m | $27.9m | $31.5m | $30.6m | $36.5m | $30.6m | $34.5m | $36.4m | $40.0m | $40.6m | $44.6m | |
| Asset Impairment Charge | — | — | — | — | — | — | $7.8m | $66.4m | $5.3m | $3.6m | $3.6m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($848.7m) | ($1.0b) | ($1.2b) | ($1.3b) | ($1.1b) | |
| Increase (Decrease) in Accounts Receivable | — | — | — | — | $193.8m | $0 | $0 | — | — | — | ($1.1b) | |
| Change In Receivables | — | — | — | — | — | — | ($820.0m) | ($1.1b) | ($1.1b) | ($1.2b) | ($1.1b) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($820.0m) | ($1.1b) | ($1.1b) | ($1.2b) | ($1.1b) | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | ($413.5m) | ($242.6m) | $361.1m | — | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($23.5m) | ($38.9m) | ($6.5m) | ($50.2m) | ($18.8m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($6.5m) | ($27.8m) | ($15.2m) | ($54.6m) | ($2.9m) | |
| Net Cash Provided by (Used in) Operating Activities | ($200.9m) |
($166.9m)
+16.93%
|
($102.7m)
+38.45%
|
($15.6m)
+84.78%
|
($182.7m)
-1067.89%
|
($49.5m)
+72.89%
|
$5.0m
+110.08%
|
($144.6m)
-2997.38%
|
($329.4m)
-127.74%
|
($398.6m)
-21.00%
|
($324.6m)
+18.56%
|
|
| Cash flows from investing activities: | ||||||||||||
| Debt Securities, Trading, Gain (Loss) | — | — | — | — | — | — | — | $3.0m | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | $4.0m | — | — | ($8.8m) | |
| Unrealized Gain (Loss) on Investments | ($1.8m) | ($716k) | ($2.6m) | $8.0m | — | — | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | $19.4m | $33.2m | $50.1m | $27.6m | — | $27.6m | |
| Net Cash Provided by (Used in) Investing Activities | ($3.3b) | ($3.2b) | ($3.3b) | ($2.3b) | $947.3m | $2.6b | $1.1b | ($12.5m) | $676.0m | $1.0b | $2.7b | |
| Cash flows from financing activities: | ||||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $572.6m | $1.1b | $2.2b | $1.7b | $1.8b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $572.6m | $1.1b | $2.2b | $1.7b | $1.8b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.3b) | ($1.2b) | ($1.0b) | ($2.3b) | ($2.4b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($705.5m) | ($19.2m) | $1.2b | ($591.0m) | ($578.5m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($705.5m) | ($19.2m) | $1.2b | ($591.0m) | ($578.5m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.3b) | ($1.2b) | ($1.0b) | ($2.3b) | ($2.4b) | |
| Payments for Repurchase of Common Stock | — | — | — | $167.2m | $558.2m | $1.5b | $713.2m | $350.3m | $248.0m | $368.7m | — | |
| Payments of Ordinary Dividends, Common Stock | $21 | $16 | $16 | $51 | $46 | $60 | $113 | $101 | $99 | $108 | ($118.1m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($113.0m) | ($101.2m) | ($99.2m) | ($107.7m) | ($103.2m) | |
| Common Stock Payments | — | — | — | — | — | — | ($713.2m) | ($350.3m) | ($248.0m) | ($368.7m) | ($561.1m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($713.2m) | ($350.3m) | ($248.0m) | ($368.7m) | ($561.1m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($713.2m) | ($350.3m) | ($248.0m) | ($368.7m) | ($561.1m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($122.0m) | ($118.9m) | ($117.5m) | ($123.4m) | ($118.1m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($9.0m) | ($17.7m) | ($18.3m) | ($15.7m) | ($14.9m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($14.4m) | ($10.7m) | ($10.3m) | ($11.3m) | ($11.6m) | |
| Net Cash Provided by (Used in) Financing Activities | $3.0b |
$3.0b
-1.30%
|
$4.4b
+47.02%
|
$5.4b
+21.75%
|
($1.9b)
-134.99%
|
($2.6b)
-39.65%
|
($854.9m)
+67.36%
|
($316.2m)
+63.01%
|
$228.2m
+172.15%
|
($1.1b)
-583.84%
|
($1.9b)
-67.66%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $1.0b | $3.0b | ($1.1b) | ($64.4m) | $227.5m | ($473.3m) | $574.8m | ($455.7m) | $4.8b | |
| Beginning Cash Position | — | — | — | — | — | — | $4.5b | $4.8b | $4.3b | $4.9b | $4.3b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $2.7b | $5.7b | $4.6b | $4.5b | $4.8b | $4.3b | $4.9b | $4.4b | $4.8b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $472.5m | $666.0m | $517.4m | $359.7m | $483.0m | $963.3m | $1.1b | $1.1b | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | $272.9m | $191.7m | $243.3m | $167.2m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | $41.8m | $19.7m | $21.9m | $26.0m | $20.9m | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | $35.0m | — | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | ($958k) | ($8.3m) | ($87k) | $17.8m | $49.5m | $144k | ($5k) | $0 | $0 | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | $11.3m | $0 | $0 | — | — | — | — | |
| Gain (Loss) on Sale of Financing Receivable | — | — | — | — | $238.3m | $548.3m | $327.8m | $164.0m | — | — | — | |
| Gain (Loss) on Sales of Loans, Net | — | — | — | — | — | — | — | $160.3m | $254.9m | $368.9m | — | |
| Gain (Loss) on Sales of Mortgage Backed Securities (MBS) | — | — | ($1.5m) | $0 | $0 | — | ($60.3m) | $2.7m | $467k | ($9.8m) | — | |
| Goodwill | — | — | — | — | — | — | $51.0m | $56.0m | $56.0m | $56.0m | $3.6m | |
| Income Tax Expense (Benefit) | $164.1m | $202.5m | $71.9m | $165.5m | $273.3m | $379.8m | $161.7m | $196.9m | $190.3m | $247.7m | — | |
| Operating Expenses | $385.4m | $448.6m | — | — | $538.1m | $518.7m | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $200k | $100k | $400k | $0 | $0 | $0 | — | — | $1.0m | $1.0m | — | |
| Provision for Loan, Lease, and Other Losses | $159.4m | $185.8m | $244.9m | $354.2m | $93.1m | — | — | — | — | — | $274.9m | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $93.1m | ($232.7m) | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | ($2.3m) | ($7.2m) | $1.4m | $19.0m | $10.3m | ($23.2m) | ($269k) | $341k | ($65k) | $5k | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($854.9m) | ($316.2m) | $228.2m | ($1.1b) | ($1.9b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $1.1b | ($12.5m) | $676.0m | $1.0b | $2.7b | |
| Change In Account Payable | — | — | — | — | — | — | $25.0m | $33.5m | $3.4m | ($11.0m) | ($12.0m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $227.5m | ($473.3m) | $574.8m | ($455.7m) | — | |
| Change In Income Tax Payable | — | — | — | — | — | — | ($15.1m) | $36.7m | ($20.4m) | $30.3m | $36.0m | |
| Change In Other Working Capital | — | — | — | — | — | — | ($8.7m) | $677k | ($7.0m) | $5.7m | $3.6m | |
| Change In Payable | — | — | — | — | — | — | $9.9m | $70.2m | ($17.0m) | $19.3m | ($12.0m) | |
| Change In Tax Payable | — | — | — | — | — | — | ($15.1m) | $36.7m | ($20.4m) | $30.3m | $36.0m | |
| Changes In Cash | — | — | — | — | — | — | $227.5m | ($473.3m) | $574.8m | ($455.7m) | $538.8m | |
| End Cash Position | — | — | — | — | — | — | $4.8b | $4.3b | $4.9b | $4.4b | $4.8b | |
| Financing Cash Flow | — | — | — | — | — | — | ($854.9m) |
($316.2m)
+63.01%
|
$228.2m
+172.15%
|
($1.1b)
-583.84%
|
($1.9b)
-67.66%
|
|
| Free Cash Flow | — | — | — | — | — | — | $5.0m | ($144.6m) | ($329.4m) | ($398.6m) | ($324.6m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $60.3m | ($2.7m) | ($467k) | $9.8m | ($8.8m) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | $1.1b | ($12.5m) | $676.0m | $1.0b | $2.7b | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($127.7m) | ($14.7m) | $0 | $0 | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $206.9m | $159.7m | $740.6m | $367.5m | $299.3m | |
| Net Preferred Stock Issuance | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($267.2m) | ($163.3m) | ($255.3m) | ($359.1m) | ($351.2m) | |
| Other Non Cash Items | — | — | — | — | — | — | $32.4m | $31.7m | $25.5m | $17.8m | — | |
| Preferred Stock Payments | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Purchase Of Business | — | — | — | — | — | — | ($127.7m) | ($14.7m) | $0 | $0 | $0 | |
| Purchase Of Investment | — | — | — | — | — | — | ($753.1m) | ($106.0m) | ($91.9m) | ($81.3m) | ($70.5m) | |
| Sale Of Investment | — | — | — | — | — | — | $960.0m | $265.7m | $832.5m | $448.9m | $369.8m | |
| Stock Based Compensation | — | — | — | — | — | — | $34.5m | $36.4m | $40.0m | $40.6m | $44.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.