Company / Interest Expense
SLM Corp Interest Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$1.5B
FY2025
5-year range
$382.1M / $1.6B
FY2021-FY2025
Trend
+1.4%
vs FY2024
Sector context
#28 of 265
Financials
What the data says
SLM Corp's interest expense of $1.5B is higher than 89% of companies in the Financials sector (FY2025). Interest Expense has fluctuated over the past 10 years, ranging from $186M in FY2016 to $1.6B in FY2023.
Based on SEC 10-K filings.
$1.5B in FY2025 with a 5-year CAGR of +22.6%. Top quartile in the Financials sector.
Improved from $1.6B to $1.5B over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +0.3%
- 5-Year CAGR
- +22.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 11% in FinancialsTop 89% of 265This company $1.5B Sector average $974.7M
▼
+54.1% above sector average
Key checks
Key Insights
- 5-year CAGR of +22.6%, indicating consistent growth.
- In FY2025, interest expense increased 1.4% year-over-year.
- Ranks #28 out of 265 companies in the Financials sector.
- Peak interest expense was recorded in FY2023.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.5B | +1.4% |
| FY2024 | $1.5B | -5.2% |
| FY2023 | $1.6B | +4.9% |
| FY2022 | $1.5B | +289.7% |
| FY2021 | $382.1M | -29.5% |
| FY2020 | $541.7M | -23.5% |
| FY2019 | $707.7M | +35.5% |
| FY2018 | $522.3M | +69.5% |
| FY2017 | $308.1M | +65.7% |
| FY2016 | $185.9M | +44.5% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026