Slm (SLM) Tax Rate (2009 - 2026)

Slm (SLM) reported Tax Rate of 23.08% for Q1 2026, down 137.0% year-over-year from 62.38% in Q1 2025, and down 11.93% quarter-over-quarter from 26.21% in Q4 2025.

Slm (SLM) Tax Rate (2009 - 2026) Analysis & Trends

Slm (SLM) has 18 years of Tax Rate data on file, last reported at 23.08% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 23.08%, down 137.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.4% (up 90.0% YoY), and the FY2025 annual result was 24.96%, up 113.0% from the prior year.
  • Tax Rate fell to 23.08% in Q1 2026 per SLM's latest filing, from 26.21% in the prior quarter.
  • Over five years, Tax Rate peaked at 28.22% in Q3 2022 and troughed at 15.6% in Q4 2024.
  • A 5-year average of 24.02% and a median of 25.04% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 964 bps in 2024, then soared 1061 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 20.19% in 2022, then increased by 25 bps to 25.23% in 2023, then plunged by 38 bps to 15.6% in 2024, then jumped by 68 bps to 26.21% in 2025, then declined by 12 bps to 23.08% in 2026.
  • Business Quant data shows SLM's Tax Rate at 23.08% in Q1 2026, 26.21% in Q4 2025, and 26.89% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Visa 548.22 Bn 535.81 Bn - 16.07
2 Mastercard 437.48 Bn 427.27 Bn - 19.33
3 American Express 231.87 Bn 177.83 Bn 17.43 Bn 21.36
4 Capital One Financial 125.74 Bn 49.24 Bn - 19.19
5 PayPal Holdings 38.80 Bn 29.46 Bn 7.84 Bn 20.10
6 Synchrony Financial 25.78 Bn 5.22 Bn - 23.11
7 Affirm Holdings 24.65 Bn 22.93 Bn 261.64 Mn 4.19
8 SoFi Technologies 22.89 Bn 19.49 Bn 929.25 Mn 16.45
9 Ally Financial 14.15 Bn 13.70 Bn 1.98 Bn 20.25
10 Slm 4.52 Bn -688.14 Mn - 23.08

Historic Data

Download Data
DateValue
Mar 31, 2026 23.08%
Mar 31, 2026 23.08%
Dec 31, 2025 26.21%
Dec 31, 2025 26.21%
Sep 30, 2025 26.89%
Sep 30, 2025 26.89%
Jun 30, 2025 18.67%
Jun 30, 2025 18.67%
Mar 31, 2025 24.45%
Mar 31, 2025 24.45%
Dec 31, 2024 15.60%
Dec 31, 2024 15.60%
Sep 30, 2024 24.19%
Sep 30, 2024 24.19%
Jun 30, 2024 25.57%
Jun 30, 2024 25.57%
Mar 31, 2024 25.18%
Mar 31, 2024 25.18%
Dec 31, 2023 25.23%
Dec 31, 2023 25.23%