SLM Corp (SLM) Interest Coverage Ratio (2009 - 2026)
Slm's Interest Coverage Ratio was 1.30 in Q2 2026, down 1.1% from 1.31 a year earlier and down 47.2% from the prior quarter.
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Analysis
SLM Corp (SLM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Slm's Interest Coverage Ratio was 1.89 through Jun 30, 2026, up 26.8% year-over-year; for FY2025, it came in at 1.88, up 10.6% from FY2024.
- In earlier years, Interest Coverage Ratio was 1.70 in FY2024 (-3.1%), 1.76 in FY2023 (-18.8%), 2.16 in FY2022 (-57.0%) and 5.03 in FY2021 (+60.7%).
- The Q2 2026 figure marks the lowest quarterly Interest Coverage Ratio since Q3 2024.
- Compared with a year earlier, Interest Coverage Ratio was higher in four of the last eight quarters, with growth averaging 8.0%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q4 2023 (growth of 243.9%); the worst was Q4 2022 (a decline of 90.5%).
- Per Business Quant data, SLM's Interest Coverage Ratio in the three quarters before Q2 2026 was 2.46 (Q1 2026), 2.13 (Q4 2025) and 1.65 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.30 |
| Mar 31, 2026 | 2.46 |
| Dec 31, 2025 | 2.13 |
| Sep 30, 2025 | 1.65 |
| Jun 30, 2025 | 1.31 |
| Mar 31, 2025 | 2.43 |
| Dec 31, 2024 | 1.44 |
| Sep 30, 2024 | 0.80 |
| Jun 30, 2024 | 2.26 |
| Mar 31, 2024 | 2.40 |
| Dec 31, 2023 | 1.80 |
| Sep 30, 2023 | 1.15 |
| Jun 30, 2023 | 2.44 |
| Mar 31, 2023 | 1.67 |
| Dec 31, 2022 | 0.52 |
| Sep 30, 2022 | 1.70 |
| Jun 30, 2022 | 5.55 |
| Mar 31, 2022 | 2.85 |
| Dec 31, 2021 | 5.50 |
| Sep 30, 2021 | 2.02 |
API Access
SLM Corp Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=SLM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "SLM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=SLM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();