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SLM SLM Debt-to-equity

Debt-to-equity at other companies

PNC Financial Services logo
PNC Financial ServicesPNC
1.7×+0.6×
Citizens Financial Group logo
Citizens Financial GroupCFG
0.6×+0.1×
Nelnet logo
NelnetNNI
2.1×-0.5×
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
0.3×-0.3×
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
0.1×+0.1×
MainStreet Bancshares, Inc. logo
MainStreet Bancshares, Inc.MNSBP

Other financials

Income statement

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Net income$308.0M+1.1%
EPS (diluted)$1.54+10.0%

Balance sheet

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Cash & equivalents$5.4B+39.1%
Total debt$6.7B+8.5%
Total equity$2.4B+1.5%
Total assets$29.4B+1.8%

Cash flow

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Operating cash flow-$76.0M+48.0%

Valuation

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Market cap$5.15B-22.4%
Enterprise value$6.44B-26.8%
P/E6.9×-8.1×

Returns & leverage

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Return on equity30.9%+3.3pp

Where this comes from

Calculated from SLM’s reported figures.

Based on the most recent quarter.

The source filing: SLM’s 10-Q, filed April 23, 2026. Open the filing →

Filed
Apr 23, 2026, 4:33 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0001032033-26-000025

FAQ

What is SLM's debt-to-equity?
SLM (SLM) reported debt-to-equity of 2.7× in Q1 2026.
How has SLM's debt-to-equity changed year-over-year?
SLM's debt-to-equity increased by 6.8% year-over-year, from 2.6× to 2.7×.
What is the long-term trend for SLM's debt-to-equity?
Over 5 years (2020 to 2025), SLM's debt-to-equity has grown at a 5.1% compound annual growth rate (CAGR), from 2× to 2.6×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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