SLM
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. SLM's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 20% to $1,463,866,000. The net income raised on $581,391,000 and profit margin reached 40%. Total operating expenses were $372,320,000.
Profit Margin
| 2014 | 735.76M | 194.21M | 26.4% |
|---|---|---|---|
| 2015 | 885.09M | 274.28M | 30.99% |
| 2016 | 960.15M | 250.32M | 26.07% |
| 2017 | 1.12B | 288.93M | 25.65% |
| 2018 | 1.36B | 487.47M | 35.81% |
| 2019 | 1.67B | 578.27M | 34.58% |
| 2020 | 1.81B | 880.69M | 48.62% |
| 2021 | 2.02B | 1.16B | 57.25% |
| 2022 | 1.82B | 469.01M | 25.72% |
| 2023 | 1.46B | 581.39M | 39.72% |
SLM Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.46B | 1.82B | 2.02B | 1.81B | 1.67B | 1.36B | 1.12B | 960.15M | 885.09M | 735.76M |
Cost of revenue | 573.44M | 530.52M | 495.28M | 233.63M | 263.17M | 271.84M | 206.35M | 182.20M | 349.09M | 274.88M |
Gross profit | 890.42M | 1.29B | 1.53B | 1.57B | 1.40B | 1.08B | 919.96M | 777.95M | 535.99M | 460.88M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 372.32M | 551.46M | -486.95M | -657.43M | -928.50M | 1.32B | 943M | 732M | 568M | 456M |
Operating income | 1.09B | 637.55M | 1.54B | 1.15B | 743.74M | 1.08B | 782.33M | 509.63M | 132.92M | 124.53M |
Other income (expenses), net | -313.25M | -6.82M | 777.35M | -95.93M | -516.34M | -522.28M | -206.82M | -95.20M | 306.13M | 209.22M |
Income before tax | 778.29M | 630.72M | 1.54B | 1.15B | 743.74M | 559.32M | 491.46M | 414.43M | 439.06M | 333.75M |
Income tax expense | 196.90M | 161.71M | 379.75M | 273.31M | 165.46M | 71.85M | 202.53M | 164.10M | 164.78M | 139.96M |
Net income | 581.39M | 469.01M | 1.16B | 880.69M | 578.27M | 487.47M | 288.93M | 250.32M | 274.28M | 194.21M |
Earnings per share | ||||||||||
Basic EPS | 2.44 | 1.78 | 3.67 | 2.27 | 1.35 | 1.12 | 0.67 | 0.59 | 0.64 | 0.46 |
Diluted EPS | 2.41 | 1.76 | 3.61 | 2.25 | 1.34 | 1.11 | 0.66 | 0.58 | 0.63 | 0.45 |
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