Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $250M | $289M | $487M | $578M | $881M | $1.16B | $469M | $581M | $608M | $745M |
| EPS (diluted) | $0.53 | $0.62 | $1.07 | $1.30 | $2.25 | $3.61 | $1.76 | $2.41 | $2.68 | $3.46 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$199M | -$171M | -$103M | -$15.6M | -$183M | -$49.5M | $4.99M | -$145M | -$329M | -$399M |
| Share buybacks | — | $0.00 | $0.00 | $167M | $558M | $1.53B | $713M | $350M | $248M | $369M |
| Dividends paid | $21.2M | $0.00 | $0.00 | $51.1M | $46.4M | $60.5M | $113M | $101M | $99.2M | $108M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.92B | $1.53B | $2.56B | $5.56B | $4.46B | $4.33B | $4.62B | $4.15B | $4.70B | $4.24B |
| Total assets | $18.5B | $21.8B | $26.6B | $32.7B | $30.8B | $29.2B | $28.8B | $29.2B | $30.1B | $29.7B |
| Total liabilities | $16.2B | $19.3B | $23.7B | $29.4B | $28.2B | $27.1B | $27.1B | $27.3B | $27.9B | $27.3B |
| Long-term debt | $2.17B | $3.28B | $4.28B | $4.35B | $5.19B | $5.93B | $5.24B | $5.23B | $6.44B | $5.36B |
| Shareholders' equity | $2.35B | $2.47B | $2.97B | $3.31B | $2.56B | $2.15B | $1.73B | $1.88B | $2.16B | $2.45B |
| Retained earnings | $595M | $868M | $1.34B | $1.85B | $953M | $2.82B | $3.16B | $3.62B | $4.11B | $4.73B |
| Shares (wtd avg diluted) | 433M | 439M | 440M | 431M | 387M | 320M | 262M | 234M | 220M | 211M |
Every figure is extracted from SLM Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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