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Side-by-side financial comparison of Regency Centers (REG) and SLM Corp (SLM). Click either name above to swap in a different company.

SLM Corp is the larger business by last-quarter revenue ($560.0M vs $404.2M, roughly 1.4× Regency Centers). SLM Corp runs the higher net margin — 55.0% vs 50.1%, a 4.9% gap on every dollar of revenue. Over the past eight quarters, SLM Corp's revenue compounded faster (22.7% CAGR vs 5.4%).

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida, and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56-million-square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.

Nikon SLM Solutions AG, headquartered in Lübeck, Germany, is a manufacturer of 3D metal printers listed on the stock market and co-owner of the word mark SLM. The shares of SLM Solutions Group AG have been listed in Prime Standard of the Frankfurt Stock Exchange since May 9, 2014.

REG vs SLM — Head-to-Head

Bigger by revenue
SLM
SLM
1.4× larger
SLM
$560.0M
$404.2M
REG
Higher net margin
SLM
SLM
4.9% more per $
SLM
55.0%
50.1%
REG
Faster 2-yr revenue CAGR
SLM
SLM
Annualised
SLM
22.7%
5.4%
REG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
REG
REG
SLM
SLM
Revenue
$404.2M
$560.0M
Net Profit
$202.5M
$308.0M
Gross Margin
Operating Margin
71.0%
69.6%
Net Margin
50.1%
55.0%
Revenue YoY
8.5%
Net Profit YoY
134.1%
1.0%
EPS (diluted)
$1.54

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
REG
REG
SLM
SLM
Q1 26
$560.0M
Q4 25
$404.2M
$377.1M
Q3 25
$387.6M
$373.0M
Q2 25
$380.8M
$376.8M
Q1 25
$380.9M
$375.0M
Q4 24
$372.5M
$362.2M
Q3 24
$360.3M
$359.4M
Q2 24
$357.3M
$372.2M
Net Profit
REG
REG
SLM
SLM
Q1 26
$308.0M
Q4 25
$202.5M
$233.2M
Q3 25
$109.4M
$135.8M
Q2 25
$106.0M
$71.3M
Q1 25
$109.6M
$304.5M
Q4 24
$86.5M
$111.6M
Q3 24
$101.5M
$-45.2M
Q2 24
$102.7M
$252.0M
Operating Margin
REG
REG
SLM
SLM
Q1 26
69.6%
Q4 25
71.0%
83.8%
Q3 25
72.7%
49.8%
Q2 25
73.8%
23.3%
Q1 25
71.8%
Q4 24
71.1%
36.5%
Q3 24
72.5%
-16.6%
Q2 24
72.3%
91.0%
Net Margin
REG
REG
SLM
SLM
Q1 26
55.0%
Q4 25
50.1%
61.8%
Q3 25
28.2%
36.4%
Q2 25
27.8%
18.9%
Q1 25
28.8%
81.2%
Q4 24
23.2%
30.8%
Q3 24
28.2%
-12.6%
Q2 24
28.7%
67.7%
EPS (diluted)
REG
REG
SLM
SLM
Q1 26
$1.54
Q4 25
$1.11
Q3 25
$0.63
Q2 25
$0.32
Q1 25
$1.40
Q4 24
$0.53
Q3 24
$-0.23
Q2 24
$1.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
REG
REG
SLM
SLM
Cash + ST InvestmentsLiquidity on hand
$5.2B
Total DebtLower is stronger
$4.7B
$6.2B
Stockholders' EquityBook value
$6.9B
$2.4B
Total Assets
$13.0B
$29.4B
Debt / EquityLower = less leverage
0.69×
2.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REG
REG
SLM
SLM
Q1 26
$5.2B
Q4 25
$4.2B
Q3 25
$3.5B
Q2 25
$4.1B
Q1 25
$3.7B
Q4 24
$4.7B
Q3 24
$4.5B
Q2 24
$5.3B
Total Debt
REG
REG
SLM
SLM
Q1 26
$6.2B
Q4 25
$4.7B
$5.4B
Q3 25
$4.9B
$6.8B
Q2 25
$4.8B
$6.4B
Q1 25
$4.6B
$6.1B
Q4 24
$4.4B
$6.4B
Q3 24
$4.4B
$6.0B
Q2 24
$4.4B
$5.4B
Stockholders' Equity
REG
REG
SLM
SLM
Q1 26
$2.4B
Q4 25
$6.9B
$2.5B
Q3 25
$6.8B
$2.3B
Q2 25
$6.7B
$2.4B
Q1 25
$6.7B
$2.4B
Q4 24
$6.7B
$2.2B
Q3 24
$6.8B
$2.1B
Q2 24
$6.8B
$2.3B
Total Assets
REG
REG
SLM
SLM
Q1 26
$29.4B
Q4 25
$13.0B
$29.7B
Q3 25
$13.1B
$29.6B
Q2 25
$12.7B
$29.6B
Q1 25
$12.6B
$28.9B
Q4 24
$12.4B
$30.1B
Q3 24
$12.4B
$30.0B
Q2 24
$12.4B
$28.8B
Debt / Equity
REG
REG
SLM
SLM
Q1 26
2.53×
Q4 25
0.69×
2.19×
Q3 25
0.72×
2.92×
Q2 25
0.72×
2.70×
Q1 25
0.69×
2.56×
Q4 24
0.66×
2.98×
Q3 24
0.65×
2.83×
Q2 24
0.64×
2.37×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
REG
REG
SLM
SLM
Operating Cash FlowLast quarter
$203.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REG
REG
SLM
SLM
Q1 26
Q4 25
$203.9M
$-64.5M
Q3 25
$218.7M
$-49.3M
Q2 25
$244.0M
$-138.7M
Q1 25
$161.0M
$-146.1M
Q4 24
$191.4M
$4.5M
Q3 24
$227.6M
$-113.4M
Q2 24
$203.5M
$-143.8M
Cash Conversion
REG
REG
SLM
SLM
Q1 26
Q4 25
1.01×
-0.28×
Q3 25
2.00×
-0.36×
Q2 25
2.30×
-1.95×
Q1 25
1.47×
-0.48×
Q4 24
2.21×
0.04×
Q3 24
2.24×
Q2 24
1.98×
-0.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

REG
REG

Shopping Centers$418.0M103%
Propertymanagementservices$4.1M1%
Assetmanagementservices$1.7M0%

SLM
SLM

Net Interest Income$375.0M67%
Noninterest Income$185.0M33%

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