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
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%