SLM Corp (SLM) — Tangible Net Worth Ratio

Latest as of March 2026: 100.0%

SLM Corp (SLM) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($2.44 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See SLM Corp (SLM) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$2.44 Billion
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$29.41 Billion
USD

SLM Corp Tangible Net Worth Ratio (1989–2025)

This chart shows how SLM Corp's Tangible Net Worth Ratio has changed across 37 annual periods from 1989 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $2.44 Billion with intangible assets of $0.00 USD. See SLM Corp (SLM) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for SLM Corp (1989–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for SLM Corp from 1989 to 2025, covering 37 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of SLM Corp.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 100.0% $2.45 Billion $0.00 $29.75 Billion ▲ +0.3 pp
2024 99.7% $2.16 Billion $7.43 Million $30.07 Billion ▲ +0.3 pp
2023 99.3% $1.88 Billion $12.61 Million $29.17 Billion ▲ +6.2 pp
2022 93.2% $1.73 Billion $118.27 Million $28.81 Billion ▼ -6.8 pp
2021 100.0% $23.29 Billion $0.00 $29.22 Billion ▲ +0.0 pp
2020 100.0% $25.58 Billion $0.00 $30.77 Billion ▲ +0.0 pp
2019 100.0% $3.31 Billion $0.00 $32.69 Billion ▲ +0.0 pp
2018 100.0% $2.97 Billion $0.00 $26.64 Billion ▲ +0.0 pp
2017 100.0% $2.47 Billion $0.00 $21.78 Billion ▲ +0.0 pp
2016 100.0% $2.35 Billion $0.00 $18.53 Billion ▲ +0.1 pp
2015 99.9% $2.10 Billion $1.75 Million $15.21 Billion ▲ +0.1 pp
2014 99.8% $1.83 Billion $3.23 Million $12.97 Billion ▲ +0.4 pp
2013 99.5% $5.64 Billion $30.00 Million $159.54 Billion ▲ +0.5 pp
2012 98.9% $5.07 Billion $54.00 Million $181.26 Billion ▲ +0.3 pp
2011 98.6% $5.25 Billion $73.00 Million $193.34 Billion ▲ +0.4 pp
2010 98.2% $5.01 Billion $91.00 Million $205.31 Billion ▲ +1.7 pp
2009 96.5% $5.28 Billion $186.31 Million $169.99 Billion ▲ +1.6 pp
2008 94.8% $5.01 Billion $258.22 Million $168.77 Billion ▲ +1.3 pp
2007 93.6% $5.23 Billion $335.69 Million $155.56 Billion ▲ +2.8 pp
2006 90.8% $4.37 Billion $401.61 Million $116.14 Billion ▼ -0.5 pp
2005 91.3% $3.80 Billion $332.10 Million $99.34 Billion ▲ +64.2 pp
2004 27.0% $3.17 Billion $2.32 Billion $84.09 Billion ▲ +94063.6 pp
2003 -94036.6% $2.63 Billion $2.48 Trillion $64.61 Billion ▲ +13249.6 pp
2002 -107286.2% $2.00 Billion $2.15 Trillion $53.18 Billion ▼ -107386.2 pp
2001 100.0% $1.67 Billion $0.00 $52.87 Billion ▲ +0.0 pp
2000 100.0% $1.63 Billion $0.00 $48.79 Billion ▲ +0.0 pp
1999 100.0% $1.05 Billion $0.00 $44.02 Billion ▲ +0.0 pp
1998 100.0% $867.50 Million $0.00 $37.21 Billion ▲ +0.0 pp
1997 100.0% $888.50 Million $0.00 $39.83 Billion ▲ +0.0 pp
1996 100.0% $1.05 Billion $0.00 $47.63 Billion ▲ +0.0 pp
1995 100.0% $1.08 Billion $0.00 $50.00 Billion ▲ +0.0 pp
1994 100.0% $1.47 Billion $0.00 $52.96 Billion ▲ +0.0 pp
1993 100.0% $1.28 Billion $0.00 $46.51 Billion ▲ +0.0 pp
1992 100.0% $1.22 Billion $0.00 $46.62 Billion ▲ +0.0 pp
1991 100.0% $1.15 Billion $0.00 $45.32 Billion ▲ +0.0 pp
1990 100.0% $1.09 Billion $0.00 $41.12 Billion ▲ +0.0 pp
1989 100.0% $1.04 Billion $0.00 $35.49 Billion
pp = percentage points