SLM Corp (SLM) — Cash Flow Quality Index
Latest as of June 2026:
-2.30x
SLM Corp (SLM) has a Cash Flow Quality Index of -2.30x as of June 2026. Operating cash flow of $-134.83 Million is below net income of $58.52 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore SLM Corp debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-2.30x
Operating CF / Net Income
Operating Cash Flow
$-134.83 Million
USD
Net Income
$58.52 Million
USD
Data as of
Jun 2026
Most recent filing
SLM Corp Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for SLM Corp across 35 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see SLM cash generation efficiency.
Annual Cash Flow Quality Index for SLM Corp (1989–2025)
Year-by-year earnings quality comparison for SLM Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.77x | $575.52 Million | $744.85 Million | ▲ +242.7% |
| 2024 | -0.54x | $-329.39 Million | $608.33 Million | ▼ -117.7% |
| 2023 | -0.25x | $-144.64 Million | $581.39 Million | ▼ -2437.3% |
| 2022 | 0.01x | $4.99 Million | $469.01 Million | ▲ +124.9% |
| 2021 | -0.04x | $-49.52 Million | $1.16 Billion | ▲ +79.4% |
| 2020 | -0.21x | $-182.67 Million | $880.69 Million | ▼ -666.9% |
| 2019 | -0.03x | $-15.64 Million | $578.28 Million | ▲ +87.2% |
| 2018 | -0.21x | $-102.74 Million | $487.48 Million | ▲ +63.5% |
| 2017 | -0.58x | $-166.91 Million | $288.93 Million | ▲ +28.0% |
| 2016 | -0.80x | $-200.93 Million | $250.33 Million | ▼ -141.4% |
| 2015 | -0.33x | $-91.20 Million | $274.28 Million | ▲ +85.2% |
| 2014 | -2.25x | $-436.77 Million | $193.78 Million | ▼ -259.7% |
| 2013 | 1.41x | $2.00 Billion | $1.42 Billion | ▼ -49.8% |
| 2012 | 2.81x | $2.64 Billion | $937.00 Million | ▼ -42.2% |
| 2011 | 4.87x | $3.08 Billion | $633.00 Million | ▲ +138.6% |
| 2010 | -12.62x | $-6.69 Billion | $530.38 Million | ▲ +74.2% |
| 2009 | -48.97x | $-15.91 Billion | $324.99 Million | ▼ -7107.9% |
| 2006 | 0.70x | $808.42 Million | $1.16 Billion | ▲ +238.2% |
| 2005 | -0.51x | $-698.83 Million | $1.38 Billion | ▼ -204.9% |
| 2004 | -0.17x | $-317.22 Million | $1.91 Billion | ▼ -137.7% |
| 2003 | 0.44x | $674.45 Million | $1.53 Billion | ▼ -54.3% |
| 2002 | 0.96x | $762.64 Million | $792.00 Million | ▼ -55.9% |
| 2001 | 2.19x | $839.39 Million | $384.00 Million | ▲ +36.5% |
| 2000 | 1.60x | $744.65 Million | $465.02 Million | ▲ +137.1% |
| 1999 | 0.68x | $338.20 Million | $500.80 Million | ▲ +173.1% |
| 1998 | 0.25x | $124.00 Million | $501.50 Million | ▲ +127.9% |
| 1997 | 0.11x | $55.10 Million | $507.90 Million | ▼ -92.1% |
| 1996 | 1.37x | $573.60 Million | $419.40 Million | ▲ +169.5% |
| 1995 | 0.51x | $185.90 Million | $366.30 Million | ▼ -56.2% |
| 1994 | 1.16x | $467.20 Million | $402.80 Million | ▲ +108.5% |
| 1993 | 0.56x | $239.30 Million | $430.10 Million | ▼ -40.9% |
| 1992 | 0.94x | $370.80 Million | $393.90 Million | ▼ -9.4% |
| 1991 | 1.04x | $358.40 Million | $345.10 Million | ▼ -10.7% |
| 1990 | 1.16x | $350.10 Million | $300.90 Million | ▲ +112.9% |
| 1989 | 0.55x | $140.80 Million | $257.60 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.