Slm (SLM) Tax Rate (2009 - 2026)
Slm (SLM) posted quarterly Tax Rate of 23.08% for Q1 2026, down 137.0% YoY from 62.38% in Q1 2025, and down 11.93% sequentially from 26.21% in Q4 2025.
Slm (SLM) Tax Rate (2009 - 2026) Analysis & Trends
Slm has disclosed Tax Rate across 18 years of filings, most recently posting 23.08% for Q1 2026.
- In Q1 2026, Tax Rate fell 137.0% year-over-year to 23.08%; the TTM figure through Mar 2026 stood at 24.4% (up 90.0% YoY), while the FY2025 annual figure was 24.96%, up 113.0% from the prior year.
- Tax Rate slipped to 23.08% in Q1 2026, from 26.21% in the prior quarter.
- Over the last five years, Tax Rate for SLM reached as high as 28.22% in Q3 2022 and fell as low as 15.6% in Q4 2024.
- The 5-year median for Tax Rate is 25.04% (2022), against an average of 24.02%.
- Annual changes were most pronounced in 2024 — Tax Rate slumped 964 bps — and 2025, when it soared 1061 bps.
- 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 slumped 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.
- According to Business Quant data, Tax Rate over the past three periods registered 23.08%, 26.21%, and 26.89% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 16.07% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 19.33% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 21.36% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 20.10% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 4.19% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 16.45% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 20.25% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 22.29% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -17.46% |
| 10 | Slm | 5.02 Bn | -185.81 Mn | - | 23.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |