SLM Corp
Research SLM Corp (SLM) on Bullrun: valuation model: 33.7% undervalued, market cap USD 4.97B, P/E 7.4, dividend yield 1.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerSLM
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryCredit Services
- CurrencyUSD
- Valuation signal33.7% undervalued
- Market capUSD 4.97B
- P/E7.4
- Dividend yield1.9%
- Financial periodQ2 2026
- RevenueUSD 401.11M
- Net incomeUSD 58.53M
- Free cash flow-USD 134.83M
Valuation Snapshot
Bullrun's latest valuation model marks SLM Corp as 33.7% undervalued; latest market cap is USD 4.97B; P/E is 7.4; dividend yield is 1.9%.
Peer valuation comparison
Latest P/E is 7.41x versus a Financial Services sector median of 13.84x (46.4% below).
Latest dividend yield is 1.94% versus a Financial Services sector median of 3.86% (49.7% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.98B | USD 744.80M | -USD 398.58M | n/a | 3.46 | USD 4.24B | USD 5.86B | USD 2.45B |
| FY2024 | USD 1.85B | USD 608.33M | -USD 329.40M | n/a | 2.68 | USD 4.70B | USD 6.44B | USD 2.16B |
| FY2023 | n/a | USD 581.40M | n/a | n/a | 2.41 | USD 4.15B | USD 5.23B | USD 1.88B |
| FY2022 | n/a | USD 469.00M | n/a | n/a | 1.76 | USD 4.62B | USD 5.24B | USD 1.73B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 4.97B | 7.4 | 2.0% | 0.52 |
| 2025 | 2025-12-31 | USD 5.39B | 7.8 | 1.9% | 0.52 |
| 2024 | 2024-12-31 | USD 5.80B | 10.4 | 1.7% | 0.46 |
| 2023 | 2023-12-29 | USD 4.33B | 14.2 | 2.3% | 0.44 |
| 2022 | 2022-12-30 | USD 4.15B | 5.4 | 2.7% | 0.44 |
| 2021 | 2021-12-31 | USD 5.49B | 5.7 | 1.0% | 0.2 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.52 USD, yield 1.9%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.52 USD |
| FY2024 | 0.46 USD |
| FY2023 | 0.44 USD |
| FY2022 | 0.44 USD |
About SLM Corp
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 provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013.
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Frequently asked questions
Is SLM Corp overvalued or undervalued?
Bullrun's valuation model currently marks SLM Corp as 33.7% undervalued.
What is SLM Corp's market cap?
SLM Corp's market capitalization is USD 4.97B.
What is SLM Corp's P/E ratio?
SLM Corp's price-to-earnings (P/E) ratio is 7.4.
Does SLM Corp pay a dividend?
SLM Corp has a dividend yield of 1.9%.
What does SLM Corp do?
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 provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; and interest-bearing omnibus accounts. 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.