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SLM Corp cash flow statement

In fiscal 2025, SLM Corp's operations generated −$399m of cash. It returned $108m in dividends and $369m through buybacks.

Cash flow statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash from operations−15.9−6.73.10.10.1−0.4−0.1−0.2−0.2−0.1−0.0−0.2−0.00.0−0.1−0.3−0.4−0.4
Depreciation and amortisation———0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Stock-based pay0.10.00.10.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Dividends paid0.0—0.20.00.00.00.00.00.00.00.00.00.10.10.10.10.10.1
Share buybacks0.0—0.30.90.6———0.00.00.20.61.50.70.40.20.40.5
Shares issued−0.00.00.0———————————————

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from SLM Corp's SEC filings (10-K and 10-Q), retrieved October 23, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to SLM Corp.