SLM Debt to Equity Ratio 2012-2025 | SLM

Current and historical debt to equity ratio values for SLM (SLM) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. SLM debt/equity for the three months ending December 31, 2025 was 2.44.
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SLM Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-12-31 $27.30B $2.45B 11.14
2025-09-30 $27.26B $2.34B 11.65
2025-06-30 $27.23B $2.38B 11.46
2025-03-31 $26.50B $2.40B 11.04
2024-12-31 $27.91B $2.16B 12.92
2024-09-30 $27.88B $2.13B 13.07
2024-06-30 $26.49B $2.28B 11.60
2024-03-31 $26.16B $2.11B 12.38
2023-12-31 $27.29B $1.88B 14.51
2023-09-30 $27.47B $1.80B 15.27
2023-06-30 $25.90B $1.81B 14.34
2023-03-31 $27.63B $1.83B 15.12
2022-12-31 $27.08B $1.73B 15.68
2022-09-30 $27.16B $1.98B 13.70
2022-06-30 $25.52B $1.98B 12.91
2022-03-31 $27.01B $2.04B 13.21
2021-12-31 $27.07B $2.15B 12.59
2021-09-30 $26.66B $2.13B 12.51
2021-06-30 $26.62B $2.30B 11.56
2021-03-31 $28.02B $2.61B 10.74
2020-12-31 $28.21B $2.56B 11.01
2020-09-30 $28.44B $2.20B 12.93
2020-06-30 $28.40B $2.02B 14.08
2020-03-31 $29.64B $2.12B 13.98
2019-12-31 $29.38B $3.31B 8.87
2019-09-30 $27.98B $3.18B 8.79
2019-06-30 $26.49B $3.10B 8.55
2019-03-31 $24.57B $3.05B 8.06
2018-12-31 $23.67B $2.97B 7.96
2018-09-30 $22.85B $2.84B 8.05
2018-06-30 $21.46B $2.73B 7.87
2018-03-31 $20.80B $2.61B 7.97
2017-12-31 $19.31B $2.47B 7.80
2017-09-30 $18.59B $2.42B 7.68
2017-06-30 $17.18B $2.34B 7.35
2017-03-31 $16.80B $2.44B 6.90
2016-12-31 $16.19B $2.35B 6.90
2016-09-30 $15.49B $2.26B 6.85
2016-06-30 $13.43B $2.20B 6.12
2016-03-31 $13.18B $2.14B 6.15
2015-12-31 $13.12B $2.10B 6.26
2015-09-30 $12.45B $2.00B 6.24
2015-06-30 $10.91B $1.96B 5.56
2015-03-31 $11.07B $1.87B 5.93
2014-12-31 $11.14B $1.83B 6.09
2014-09-30 $9.90B $1.82B 5.44
2014-06-30 $9.64B $1.74B 5.55
2014-03-31 $150.87B $5.60B 26.95
2013-12-31 $9.54B $1.17B 8.18
2013-09-30 $155.94B $5.63B 27.69
2013-06-30 $156.03B $5.43B 28.71
2013-03-31 $168.93B $5.15B 32.78
2012-12-31 $176.19B $5.07B 34.78
2012-09-30 $179.26B $4.95B 36.24
2012-06-30 $184.14B $4.94B 37.29
2012-03-31 $186.65B $5.05B 37.00
2011-12-31 $188.09B $5.25B 35.82
2011-09-30 $192.76B $4.78B 40.31
2011-06-30 $195.35B $5.01B 38.98
2011-03-31 $198.15B $5.21B 38.05
2010-12-31 $200.30B $5.01B 39.96
2010-09-30 $201.53B $4.57B 44.06
2010-06-30 $202.23B $5.09B 39.76
2010-03-31 $202.76B $4.76B 42.64
2009-12-31 $164.71B $5.28B 31.20
2009-09-30 $181.46B $4.99B 36.37
2009-06-30 $176.33B $4.85B 36.35
2009-03-31 $166.59B $4.96B 33.56
2008-12-31 $163.76B $5.01B 32.71
2008-09-30 $159.64B $5.35B 29.86
2008-06-30 $158.03B $5.54B 28.55
2008-03-31 $153.97B $5.21B 29.56
2007-12-31 $150.34B $5.22B 28.78
2007-09-30 $145.81B $5.00B 29.15
2007-06-30 $127.45B $5.35B 23.83
2007-03-31 $122.50B $4.38B 27.99
2006-12-31 $111.78B $4.36B 25.64
2006-09-30 $102.55B $4.50B 22.77
2006-06-30 $97.55B $4.36B 22.37
2006-03-31 $94.01B $3.76B 25.04
2005-12-31 $95.55B $3.79B 25.20
2005-09-30 $92.50B $3.82B 24.19
2005-06-30 $83.11B $3.65B 22.76
2005-03-31 $80.73B $3.07B 26.34
2004-12-31 $80.99B $3.10B 26.11
2004-09-30 $68.06B $2.90B 23.47
2004-06-30 $73.05B $2.92B 25.01
2004-03-31 $70.53B $2.74B 25.76
2003-12-31 $61.98B $2.63B 23.57
2003-09-30 $57.29B $2.64B 21.67
2003-06-30 $55.82B $2.37B 23.59
2003-03-31 $52.09B $2.24B 23.21
2002-12-31 $51.18B $2.00B 25.62
2002-09-30 $53.70B $1.82B 29.44
2002-06-30 $51.96B $1.93B 27.00
2002-03-31 $50.49B $1.95B 25.84
2001-12-31 $51.20B $1.67B 30.61
2001-09-30 $52.34B $1.53B 34.30
2001-06-30 $49.63B $1.59B 31.18
2001-03-31 $49.45B $1.42B 34.82
2000-12-31 $47.38B $1.42B 33.47
2000-09-30 $44.31B $1.34B 33.18
2000-06-30 $38.61B $0.94B 41.16
2000-03-31 $39.32B $0.91B 43.09
1999-12-31 $43.18B $0.84B 51.35
1999-09-30 $43.17B $0.63B 68.13
1999-06-30 $39.20B $0.66B 59.45
1999-03-31 $38.18B $0.66B 57.81
1998-12-31 $36.56B $0.65B 55.93
1998-09-30 $35.28B $0.67B 52.94
1998-06-30 $34.62B $0.63B 54.92
1998-03-31 $37.78B $0.62B 60.79
1997-12-31 $39.02B $0.89B 43.92
1997-09-30 $42.33B $0.90B 46.95
1997-06-30 $46.84B $1.06B 44.34
1997-03-31 $45.32B $1.01B 44.88
1996-12-31 $46.58B $1.05B 44.46
1996-09-30 $46.37B $1.02B 45.59
1996-06-30 $46.35B $1.02B 45.56
1996-03-31 $47.15B $1.03B 46.01
1995-12-31 $48.92B $1.08B 45.25
1995-09-30 $52.94B $1.14B 46.47
1995-06-30 $52.53B $1.38B 38.10
1995-03-31 $52.72B $1.51B 34.85
1994-12-31 $51.49B $1.47B 35.00
1994-09-30 $50.66B $1.51B 33.53
1994-06-30 $48.95B $1.58B 30.98
1994-03-31 $0.00B 0.00
1993-12-31 $45.23B $1.28B 35.33
1993-09-30 $0.00B 0.00
1993-06-30 $0.00B 0.00
1993-03-31 $44.50B $1.21B 36.69
1992-12-31 $45.40B $1.22B 37.21
1992-09-30 $44.70B $1.18B 37.88
1992-06-30 $43.90B $1.15B 38.29
1992-03-31 $45.05B $1.16B 39.00
1991-12-31 $44.17B $1.15B 38.42
1991-09-30 $42.77B $1.11B 38.45
Sector Industry Market Cap Revenue
Finance Finance - Consumer Loands $4.254B $2.627B
SLM Corporation (Sallie Mae) is a bellwether in education finance in the United States, with market presence for more than 40 years. The company is the nation's saving, planning, and paying for college company. Whether college is a long way off or just around the corner, Sallie Mae offers products that promote responsible personal finance, including private education loans, Upromise rewards, scholarship search, college financial planning tools, and online retail banking. It also offers a range of deposit products insured by the Federal Deposit Insurance Corporation ('FDIC'). The company's Private Education Loans portfolio consists of education loans to students or their families, which are not made, insured or guaranteed by any state or federal government. The company also undertakes additional funding, liquidity and revenues through the sale or securitization of loan assets, which it originates as well as the servicing of the loan assets that are sold to third parties.
Stock Name Country Market Cap PE Ratio
Capital One Financial (COF) United States $120.032B 9.97
Ally Financial (ALLY) United States $12.708B 10.83
OneMain Holdings (OMF) United States $6.556B 8.40
Credit Acceptance (CACC) United States $4.999B 11.76
Nelnet (NNI) United States $4.746B 11.07
Enova (ENVA) United States $3.616B 12.07
EZCORP (EZPW) United States $1.770B 18.39
Encore Capital Group Inc (ECPG) United States $1.615B 6.88
Aaron's Holdings (PRG) United States $1.164B 8.26
Navient (NAVI) United States $0.755B 6.79
World Acceptance (WRLD) United States $0.735B 19.05
LexinFintech Holdings (LX) China $0.372B 1.69
Regional Management (RM) United States $0.339B 8.17
Open Lending (LPRO) United States $0.171B 24.17
Manhattan Bridge Capital (LOAN) United States $0.051B 9.82
Weidai (WEI) China $0.000B 0.00