SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
Revenue of SLM Corporation (SLM)
Revenue in 2023 (TTM): $1.81 B
According to SLM Corporation's latest financial reports the company's current revenue (TTM) is $1.81 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of SLM Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.81 B | $1.24 B | $1.4 B | $778.3 M | $581.39 M |
| 2022 | $1.82 B | $1.29 B | $645.33 M | $630.73 M | $469.01 M |
| 2021 | $2.03 B | $1.53 B | $1.56 B | $1.54 B | $1.16 B |
| 2020 | $1.81 B | $1.58 B | $1.17 B | $1.15 B | $880.69 M |
| 2019 | $1.67 B | $1.41 B | $758.41 M | $743.74 M | $578.28 M |
| 2018 | $1.36 B | $1.09 B | $1.1 B | $559.33 M | $487.48 M |
| 2017 | $1.13 B | $919.97 M | $811.19 M | $491.47 M | $288.93 M |
| 2016 | $960.15 M | $777.95 M | $610.84 M | $414.44 M | $250.33 M |
| 2015 | $885.09 M | $536 M | $576.6 M | $439.06 M | $274.28 M |
| 2014 | $735.76 M | $460.88 M | $439.39 M | $333.75 M | $194.22 M |
| 2013 | $4.05 B | $3.01 B | $4.4 B | $2.09 B | $1.42 B |
| 2012 | $3.55 B | $2.55 B | $4 B | $1.43 B | $939 M |
| 2011 | $3.36 B | $2.26 B | $3.39 B | $927 M | $633 M |
| 2010 | $4.5 B | $-1,203,200,448,000 | $4 B | $1.09 B | $530.38 M |
| 2009 | $3.11 B | $1.85 B | $3.6 B | $721.04 M | $324.14 M |
| 2008 | $1.78 B | $1.78 B | $5.53 B | $-376,268,000 | $-212,626,000 |
| 2007 | $2.09 B | $1.31 B | $6.6 B | $-481,796,000 | $-896,394,000 |
| 2006 | $3.63 B | $2.93 B | $7.11 B | $2 B | $1.16 B |
| 2005 | $3.46 B | $2.83 B | $5.17 B | $2.11 B | $1.38 B |
| 2004 | $3.78 B | $3.29 B | $3.99 B | $2.56 B | $1.91 B |
| 2003 | $3.14 B | $3.14 B | $3.33 B | $2.18 B | $1.53 B |
| 2002 | $2.23 B | $-374,148,301,000 | $2.43 B | $1.22 B | $792 M |
| 2001 | $1.84 B | $1.84 B | $2.73 B | $607.32 M | $384 M |
| 2000 | $1.33 B | $1.33 B | $3.54 B | $700.9 M | $465.02 M |
| 1999 | $1.14 B | $1.14 B | $2.86 B | $740.9 M | $500.8 M |
| 1998 | $1.14 B | $1.14 B | $2.66 B | $739.5 M | $501.5 M |
| 1997 | $1.26 B | $1.26 B | $3.28 B | $750.8 M | $507.9 M |
| 1996 | $1.01 B | $1.01 B | $3.18 B | $602.9 M | $419.4 M |
| 1995 | $673 M | $673 M | $3.66 B | $507.6 M | $496.4 M |
| 1994 | $709.1 M | $709.1 M | $2.71 B | $569.3 M | $402.8 M |
| 1993 | $936.8 M | $936.8 M | $2.17 B | $690.1 M | $430.1 M |
| 1992 | $802.7 M | $802.7 M | $2.42 B | $608.2 M | $393.9 M |
| 1991 | $559.2 M | $559.2 M | $3.03 B | $469.4 M | $345.1 M |
| 1990 | $478.9 M | $478.9 M | $3.42 B | $400.1 M | $300.9 M |
| 1989 | $417.6 M | $417.6 M | $3.1 B | $347.8 M | $257.6 M |
| 1988 | $ | $ | $225.1 M | $ | $225.1 M |
| 1987 | $ | $ | $181 M | $ | $181 M |
| 1986 | $ | $ | $144.6 M | $ | $144.6 M |
| 1985 | $ | $ | $123.3 M | $ | $123.3 M |