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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 16.07% |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 19.33% |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 21.36% |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 19.19% |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 20.10% |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 23.11% |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 4.19% |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 16.45% |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 20.25% |
| 10 | Slm | 4.38 Bn | -826.92 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% |