SLM Corporation

SLM Corporationverified

SLM

Price:

$22.38

Market Cap:

$4.22B

Operating primarily in the United States, SLM Corporation specializes in the provision and administration of private educational loans, assisting students and their families in financing their academic pursuits. Beyond these core lending activities, the company extends its financial services to include a variety of retail deposit accounts, such as certificates of deposit, money market accounts, and high-yield savings options. It further diversifies its offerings with omnibus accounts and consumer credit card products. The corporation facilitates support for students and their families through its engagement with financial aid initiatives, federal loan programs, and various dedicated resource...[Read more]

Industry

Financial - Credit Services

IPO Date

1983-09-23

Stock Exchange

NASDAQ

Ticker

SLM

The Current Ratio as of June 2026 (TTM) for SLM Corporation (SLM) is 13.93

According to SLM Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 13.93. This represents a change of 277.09% compared to the average of 3.69 of the last 4 quarters.

SLM Corporation (SLM) Historical Current Ratio (quarterly & annually)

How has SLM Current Ratio performed in the past?

The mean historical Current Ratio of SLM Corporation over the last ten years is 0.32. The current 13.93 Current Ratio has changed 441.84% with respect to the historical average. Over the past ten years (40 quarters), SLM's Current Ratio was at its highest in in the March 2026 quarter at 13.93. The Current Ratio was at its lowest in in the March 2018 quarter at 0.17.

Quarterly (TTM)
Annual

Average

0.32

Median

0.33

Minimum

0.19

Maximum

0.40

SLM Corporation (SLM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of SLM Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 45.91%

Maximum Annual Current Ratio = 0.40

Minimum Annual Increase = -29.90%

Minimum Annual Current Ratio = 0.19

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.28-29.90%
20240.404.01%
20230.38-3.68%
20220.40-0.12%
20210.409.79%
20200.3618.97%
20190.3145.91%
20180.2113.08%
20170.19-19.65%
20160.23-16.00%

SLM Corporation (SLM) Average Current Ratio

How has SLM Current Ratio performed in the past?

The current Current Ratio of SLM Corporation (SLM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.35

5-year avg

0.37

10-year avg

0.32

SLM Corporation (SLM) Current Ratio vs. Peers

How is SLM’s Current Ratio compared to its peers?

SLM Corporation’s Current Ratio is greater than Navient Corporation SR NT 6% 121543 (0.36), less than Credit Acceptance Corporation (20.57), greater than Blue Owl Capital Corporation (0), greater than Nelnet, Inc. (0), greater than F.N.B. Corporation (0.21), greater than Columbia Banking System, Inc. (3.56), greater than Essent Group Ltd. (5.91), greater than OneMain Holdings, Inc. (0), less than The Hanover Insurance Group, Inc. (41.90), greater than Piper Sandler Companies (13.40),

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