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SLM (ISM) Pre-Tax Income : $1,009.93 Mil (TTM As of Mar. 2024)


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What is SLM Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. SLM's pretax income for the three months ended in Mar. 2024 was $387.49 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $1,009.93 Mil. SLM's pretax margin was 69.05%.

During the past 13 years, SLM's highest Pretax Margin was 75.98%. The lowest was 34.59%. And the median was 44.06%.


SLM Pre-Tax Income Historical Data

The historical data trend for SLM's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SLM Pre-Tax Income Chart

SLM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 743.74 1,154.01 1,540.26 630.73 778.30

SLM Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 155.86 356.55 40.61 225.29 387.49

Competitive Comparison of SLM's Pre-Tax Income

For the Credit Services subindustry, SLM's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SLM's Pre-Tax Income Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SLM's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where SLM's Pre-Tax Income falls into.



SLM Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

SLM's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+778.296
=778.30

SLM's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+387.485
=387.49

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,009.93 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SLM  (NYSE:ISM) Pre-Tax Income Explanation

SLM's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=387.485/561.174
=69.05%

During the past 13 years, SLM's highest Pretax Margin was 75.98%. The lowest was 34.59%. And the median was 44.06%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SLM Pre-Tax Income Related Terms

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SLM (ISM) Business Description

Traded in Other Exchanges
Address
300 Continental Drive, Newark, DE, USA, 19713
SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.