Slm (SLM) Tax Rate (2009 - 2026)
Slm's (SLM) quarterly Tax Rate came in at 27.26% in Q2 2026, up 859.0% year-over-year from 2.84% in Q2 2025, and up 18.13% quarter-over-quarter from 23.08% in Q1 2026.
Analysis
Slm (SLM) Tax Rate (2009 - 2026) Analysis & Trends
Slm (SLM) has reported Tax Rate for 18 consecutive years, with 27.26% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 859.0% year-over-year to 27.26% in Q2 2026; TTM through Jun 2026 was 25.15%, a 364.0% increase from a year earlier, with the FY2025 full-year figure at 24.96%, up 113.0% from the prior year.
- Tax Rate was 27.26% for Q2 2026 at Slm, up from 23.08% 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 24.2% and a median of 25.11% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 964 bps in 2024 and surged 1061 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 20.19% in 2022, then grew by 25 bps to 25.23% in 2023, then sank by 38 bps to 15.6% in 2024, then soared by 68 bps to 26.21% in 2025, then grew by 4 bps to 27.26% in 2026.
- The last three Tax Rate figures came in at 27.26% (Q2 2026), 23.08% (Q1 2026), and 26.21% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Synchrony Financial | 26.06 Bn | 9.87 Bn | - | 25.38% |
| 2 | Affirm Holdings | 24.16 Bn | 22.53 Bn | - | -856.07% |
| 3 | FirstCash Holdings | 9.90 Bn | 9.73 Bn | 533.67 Mn | 26.41% |
| 4 | Credit Acceptance | 6.25 Bn | 5.76 Bn | 569.30 Mn | 19.40% |
| 5 | Enova International | 5.63 Bn | 5.51 Bn | 568.07 Mn | 25.02% |
| 6 | Slm | 4.96 Bn | 160.79 Mn | - | 27.26% |
| 7 | Bread Financial Holdings | 4.32 Bn | -15.76 Bn | 957.00 Mn | 25.89% |
| 8 | StoneCo | 2.68 Bn | 1.06 Bn | 308.97 Mn | -16.41% |
| 9 | Ezcorp | 2.05 Bn | 1.73 Bn | 246.19 Mn | 25.99% |
| 10 | Navient | 1.71 Bn | 340.86 Mn | - | 35.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.26% |
| Mar 31, 2026 | 23.08% |
| Dec 31, 2025 | 26.21% |
| Sep 30, 2025 | 26.89% |
| Jun 30, 2025 | 18.67% |
| Mar 31, 2025 | 24.45% |
| Dec 31, 2024 | 15.60% |
| Sep 30, 2024 | 24.19% |
| Jun 30, 2024 | 25.57% |
| Mar 31, 2024 | 25.18% |
| Dec 31, 2023 | 25.23% |
| Sep 30, 2023 | 27.68% |
| Jun 30, 2023 | 25.66% |
| Mar 31, 2023 | 23.96% |
| Dec 31, 2022 | 20.19% |
| Sep 30, 2022 | 28.22% |
| Jun 30, 2022 | 25.04% |
| Mar 31, 2022 | 22.48% |
| Dec 31, 2021 | 25.29% |
| Sep 30, 2021 | 21.03% |