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SLM SLM Debt-to-equity

Debt-to-equity at other companies

PNC Financial Services logo
PNC Financial ServicesPNC
0.0×
Citizens Financial Group logo
Citizens Financial GroupCFG
0.5×0.0×
Nelnet logo
NelnetNNI
2.1×-0.5×
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
0.2×-0.3×
Simmons First National logo
Simmons First NationalSFNC
0.0×
HOM
Home BancSharesHOMB
0.0×

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$4.34B-31.4%
Enterprise value$5.63B-34.6%
P/E5.8×-4.3×

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 official record: SLM’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.