Overview
Sallie Mae
SLM Corporation, more commonly known as Sallie Mae, holds some $19.8 billion in private education loans and originates some $6.4 billion of loans. Its Private Education Loans include important protections for the family, including loan forgiveness in case of death or permanent disability of the student borrower, a free, quarterly FICO score benefit to students and cosigners and, for borrowers with a Smart Option Student Loan, on-line tutoring services
...
Read More to help students succeed in school. SLM's main subsidiary Sallie Mae Bank is one of the nation's largest education loan providers, and specializes in originating, acquiring, financing, and servicing private student loans, which are not guaranteed by the government.
Read Less
Read More to help students succeed in school. SLM's main subsidiary Sallie Mae Bank is one of the nation's largest education loan providers, and specializes in originating, acquiring, financing, and servicing private student loans, which are not guaranteed by the government.
Read Less
#
920
Fortune 1000 Revenue Rank
Jonathan W Witter
See more contacts
Nondepository Credit Intermediation
,
Business Support Services
,
Credit Intermediation and Related Activities
,
Finance and Insurance
,
Student Loan Marketing Association
See All Industries , Personal credit institutions Adjustment and collection services
See Fewer Industries
See All Industries , Personal credit institutions Adjustment and collection services
See Fewer Industries
Activities Related to Credit Intermediation
,
Agencies, Brokerages, and Other Insurance Related Activities
,
Depository Credit Intermediation
,
Insurance Carriers
,
Insurance and Employee Benefit Funds
,
Monetary Authorities-Central Bank
,
Other Financial Investment Activities
,
Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
?
?
?
Modelled
?
Actual
$2.99 billion
Actual
2.2%
4.63%
$30,072
DEC
?
NASDAQ:SLM
Contacts
Get in Touch with 5 Principals* and 1,508 Contacts
-
Jonathan W WitterChief Executive Officer
-
Contact 2?
-
Contact 3?
-
Contact 4?
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$2.99 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | -$329 | -$145 | $5 |
| Net Investing Cash | $676 | -$12 | $1,077 |
| Net Financing Cash | $228 | -$316 | -$855 |
| Net Change in Cash | $575 | -$473 | $227 |
| Cash at Beginning of Period | $4,300 | $4,773 | $4,545 |
| Cash at End of Period | $4,874 | $4,300 | $4,773 |
| Capital Expenditure | $ | $ | $ |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $4,700 | $4,150 | $4,616 |
| Accounts Receivable | $1,547 | $1,380 | $1,202 |
| Inventories | $ | $ | $ |
| Other Current Assets | $ | $ | $ |
| Asset Summary | |||
| Total Current Assets | $ | $ | $ |
| Tangible Fixed Assets | $119 | $130 | $141 |
| Intangible Assets | $ | $ | $ |
| Total Assets | $30,072 | $29,169 | $28,811 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $ | $ | $ |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $ | $ | $ |
| Liability Summary | |||
| Total Current Liabilities | $ | $ | $ |
| Long-Term Debt | $6,440 | $5,228 | $5,235 |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $27,912 | $27,289 | $27,084 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $88 | $88 | $87 |
| Retained Earnings | $4,114 | $3,625 | $3,164 |
| Equity Summary | |||
| Total Equity | $2,160 | $1,881 | $1,727 |
| Shares Outstanding | 210,382,294 | 220,343,884 | 240,675,444 |