SLM Balance Sheet
NASDAQ: SLMFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
SLM financial position
At the end of fiscal 2025, SLM reported total assets of $29.75 billion, down 1.1% from a year earlier against total liabilities of $27.29 billion. Shareholders' equity stood at $2.45 billion, or 8.2% of assets. The company held $4.24 billion in cash and equivalents against $5.86 billion of debt, a net debt position of $1.62 billion.
Debt-to-equity was 2.39.
Summary generated from market data by MetaCap's automated system. Methodology
SLM balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.24B | 4.70B | 4.15B | 4.62B | 4.33B | 4.46B | 5.56B | 2.56B | 1.53B | 1.92B |
| Property, Plant & Equipment | 122.19M | 119.35M | 129.50M | 140.73M | 150.52M | 154.67M | 134.75M | 105.50M | 89.75M | 87.06M |
| Goodwill | 56.00M | 56.00M | 56.00M | 51.00M | — | — | — | — | — | — |
| Intangible Assets | 3.87M | 7.43M | 12.61M | 67.62M | — | — | — | — | — | — |
| Total Assets | 29.75B | 30.07B | 29.17B | 28.81B | 29.22B | 30.77B | 32.69B | 26.64B | 21.78B | 18.53B |
| Short-Term Debt | 498.42M | 0 | 0 | 0 | 0 | 0 | 289.23M | 0 | 0 | 0 |
| Long-Term Debt | 5.36B | 6.44B | 5.23B | 5.24B | 5.93B | 5.19B | 4.35B | 4.28B | 3.28B | 2.17B |
| Total Liabilities | 27.29B | 27.91B | 27.29B | 27.08B | 27.07B | 28.21B | 29.37B | 23.67B | 19.31B | 16.19B |
| Shareholders' Equity | 2.45B | 2.16B | 1.88B | 1.73B | 2.15B | 2.56B | 3.31B | 2.97B | 2.47B | 2.35B |
| Retained Earnings | 4.73B | 4.11B | 3.62B | 3.16B | 2.82B | 1.72B | 1.85B | 1.34B | 868.18M | 595.32M |
| Total Debt | 5.86B | 6.44B | 5.23B | 5.24B | 5.93B | 5.19B | 4.64B | 4.28B | 3.28B | 2.17B |
| Net Cash (Debt) | -1.62B | -1.74B | -1.08B | -619.00M | -1.60B | -733.92M | 920.61M | -1.73B | -1.74B | -249.19M |
| Shares Outstanding | — | — | — | — | — | — | 421.00M | 436.00M | 432.00M | 429.00M |
This table shows 10 annual periods of SLM's balance sheet, from FY 2025 back to FY 2016, across 13 line items including cash & equivalents, property, plant & equipment, goodwill. Values in USD; B = billions, M = millions. Fiscal periods follow SLM's reporting calendar. What is a balance sheet?