SLM Corp (SLM) Tax Rate (2009 - 2026)
Slm's Tax Rate was 27.26% in Q2 2026, up 8.59 percentage points from 18.67% a year earlier and up 4.18 percentage points from the prior quarter.
SLM Corp (SLM) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Slm's Tax Rate was 25.15% through Jun 30, 2026, up 3.64 percentage points year-over-year; for FY2025, it was 24.96%, up 1.13 percentage points from FY2024.
- Tax Rate shows a five-year change of +1.27 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 23.83% in FY2024 (-1.47 pp), 25.30% in FY2023 (-0.34 pp), 25.64% in FY2022 (+0.98 pp) and 24.65% in FY2021 (+0.97 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q3 2023.
- Compared with a year earlier, Tax Rate was higher in three of the last eight quarters, with an average year-over-year change of -0.03 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2025 (a gain of 10.61 percentage points); the worst was Q4 2024 (a drop of 9.64 percentage points).
- Per Business Quant data, SLM's Tax Rate in the three quarters before Q2 2026 was 23.08% (Q1 2026), 26.21% (Q4 2025) and 26.89% (Q3 2025).
Peer Comparison
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% |
| 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% |
| 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% |
| Jun 30, 2021 | 27.50% |
| Mar 31, 2021 | 24.09% |
SLM Corp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SLM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SLM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SLM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();