SLM Corporation — Cash Flow Charts
12 quarters of history · ending 2026-03-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow↑+48.0% +$70M
$-76M
Free Cash Flow↑+48.0% +$70M
$-76M
Investing Cash Flow↑+219.8% +$1.09B
$1.59B
Financing Cash Flow↑+59.4% +$806M
$-550M
Acquisitions
—
Stock Buybacks↑+878.8% +$261M
$291M
Dividends Paid↓-6.8% -$2M
$26M
Stock-Based Comp↑+11.5% +$2M
$15M
Debt Issued
$2.22B
D&A↑+9.5% +$376K
$4M
SBC Allocated Expense↑+11.5% +$2M
$15M