SLM Corp
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.36B | $1.13B | $960.2M | $885.1M | $735.8M | $760.4M | $674.9M | $3.26B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $1.08B | $799.5M | $600.3M | $567.7M | $429.6M | $505.6M | $424.8M | $3.33B |
| Operating Margin | 79.5% | 71.0% | 62.5% | 64.1% | 58.4% | 66.5% | 62.9% | 102.1% |
| Interest Expense | $522.3M | $308.1M | $185.9M | $128.6M | $95.8M | $89.1M | $82.9M | $2.40B |
| Pretax Income | $559.3M | $491.5M | $414.4M | $439.1M | $333.8M | $416.5M | $341.9M | $925.0M |
| Income Tax Expense | $71.9M | $202.5M | $164.1M | $164.8M | $140.0M | $158.9M | $126.1M | $328.0M |
| Net Income | $487.5M | $288.9M | $250.3M | $274.3M | $194.2M | $258.9M | $217.6M | $633.0M |
| Net Margin | 35.8% | 25.7% | 26.1% | 31.0% | 26.4% | 34.1% | 32.2% | 19.4% |
| EPS (Basic) | $1.08 | $0.63 | $0.54 | $0.60 | $0.43 | $0.59 | $0.46 | $1.19 |
| EPS (Diluted) | $1.07 | $0.62 | $0.53 | $0.59 | $0.42 | $0.58 | $0.45 | $1.18 |
| Shares Outstanding (Basic) | 435.1M | 431.2M | 427.9M | 425.6M | 424.0M | 440.1M | 476.1M | 517.0M |
| Shares Outstanding (Diluted) | 439.7M | 438.6M | 432.9M | 432.2M | 432.3M | 448.5M | 482.9M | 523.0M |
| Dividends Per Share | $0.00 | $0.00 | — | — | — | $0.60 | $0.50 | $0.30 |