Nelnet Inc

Nelnet Inc

NNI · NYSE · Financial Services / Credit Services

126.96USD+2.13 (+1.71%)

Price History

Full chart

Market Stats

Previous Close124.83
Open126.08
Day Range124.52 – 127.24
52-Week Range116.02 – 143.64
Volume110.90K
Market Cap4.44B
P/E (TTM)14.86
Forward P/E13.05
EPS8.35
Dividend Yield1.06%
Beta0.76
50-Day Avg128.93
200-Day Avg131.54

About

Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing software; and business process outsourcing services primarily in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels, and processing and administrative services. The Education Technology Services and Payments segment provides financial management services; school information system software; a donation platform; education technology solutions; and customized professional development and coaching, and advanced learning and educational instruction services. This segment also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; learning management system; an integrated commerce payment platform; and a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. The Asset Generation and Management segment invest, allocates an manages loan assts. The Nelnet Bank segment operates as an internet industrial bank. It also offers investment advisory, investment, and reinsurance services, as well as engages in the real estate investment; and solar engineering, procurement, and construction businesses. The company was founded in 1977 and is headquartered in Lincoln, Nebraska.

Company Details

  • SectorFinancial Services
  • IndustryCredit Services
  • CEOMr. Jeffrey R. Noordhoek
  • Employees5.74K
  • Headquarters121 South 13th Street, Lincoln, NE, United States, 68508, USA
  • Websitehttps://www.nelnet.com

Leadership

  • Mr. Michael Sullivan Dunlap J.D.Executive Chairman of the Board · b. 1963
  • Mr. Jeffrey R. NoordhoekChief Executive Officer · b. 1966
  • Mr. James D. Kruger CPAChief Financial Officer · b. 1963
  • Mr. Terry J. HeimesChief Operating Officer · b. 1964
  • Mr. Matthew W. DunlapChief Business Development Officer, President of Nelnet Financial Services & Director · b. 1989
  • Ms. Deeann K. WengerPresident of Nelnet Business Services · b. 1971
  • Mr. Phil MorganDirector of Investor Relations
  • Mr. William J. Munn J.D.Corporate Secretary, Chief Governance Officer & General Counsel · b. 1968
  • Ms. Emily R. OlingerChief People Services Officer · b. 1983
  • Ms. Jackie StrohbehnPresident of Nelnet Campus Commerce

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue64.85M115.12M551.14M492.83M694.90M1.13B1.75B2.02B1.43B960.27M969.85M892.44M919.76M1.06B1.11B1.11B1.19B1.18B1.68B1.68B1.37B1.42B1.82B1.81B1.85B2.26B
Growth (%)-+77.51%+378.75%-10.58%+41.00%+63.09%+54.50%+15.61%-29.24%-32.97%+1.00%-7.98%+3.06%+14.72%+5.00%+0.25%+7.49%-1.30%+42.61%-0.15%-18.19%+3.29%+28.15%-0.14%+1.78%+22.56%
Cost of Revenue1.37M3.92M240.59M208.17M254.08M627.14M1.26B1.53B1.05B413.86M255.56M249.54M290.07M249.44M282.74M312.36M401.68M479.64M692.91M738.33M393.43M163.81M465.11M853.21M735.14M293.41M
Gross Profit63.48M111.19M310.54M284.66M440.82M506.19M494.54M493.49M381.00M546.40M714.29M642.90M629.69M805.67M825.10M798.28M792.10M698.65M987.40M939.43M979.20M1.25B1.35B961.15M1.11B1.97B
Gross Margin97.89%96.59%56.35%57.76%63.44%44.66%28.24%24.38%26.60%56.90%73.65%72.04%68.46%76.36%74.48%71.88%66.35%59.29%58.76%55.99%71.34%88.45%74.40%52.97%60.19%87.04%
Operating Expense56.75M98.07M234.32M238.26M206.41M226.93M392.14M436.34M336.26M330.71M411.84M321.11M355.19M340.14M355.58M377.64M393.28M471.97M701.11M762.69M528.71M751.91M849.96M892.43M882.93M825.04M
Operating Income6.73M13.13M76.22M46.40M234.41M279.26M102.39M57.15M44.74M215.70M302.45M321.79M274.50M465.53M469.52M420.64M398.81M226.68M286.29M176.75M450.49M502.11M501.85M68.72M228.58M1.14B
Operating Margin10.38%11.40%13.83%9.41%33.73%24.64%5.85%2.82%3.12%22.46%31.19%36.06%29.85%44.12%42.38%37.87%33.41%19.24%17.04%10.53%32.82%35.41%27.62%3.79%12.38%50.58%
EBITDA6.73M13.13M170.08M147.77M331.14M384.37M269.58M318.53M186.34M331.74M403.45M425.26M391.29M545.02M577.49M544.38M521.36M364.51M470.98M369.41M648.96M634.43M678.09M214.11M361.11M1.06B
EBITDA Margin10.38%11.40%30.86%29.98%47.65%33.91%15.40%15.74%13.01%34.55%41.60%47.65%42.54%51.66%52.13%49.01%43.67%30.94%28.03%22.02%47.28%44.75%37.32%11.80%19.55%46.69%
Net Income4.52M7.15M48.54M27.10M149.18M178.07M65.92M32.85M28.66M139.13M189.03M204.34M178.00M302.67M307.61M267.98M256.75M173.17M227.91M141.80M352.44M393.29M406.90M89.83M184.04M428.47M
Net Income Margin6.97%6.21%8.81%5.50%21.47%15.71%3.76%1.62%2.00%14.49%19.49%22.90%19.35%28.69%27.77%24.13%21.51%14.70%13.56%8.45%25.68%27.74%22.40%4.95%9.97%18.93%
R&D-----------000000.340.183.90M0.10.250.353.70M0.03--
R&D as % of Total Revenue-----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.23%0.00%0.00%0.00%0.20%0.00%--
Interest Expense00235.01M196.69M254.61M620.11M1.24B1.50B1.03B384.86M232.86M228.29M268.57M230.94M273.24M302.21M388.18M465.19M669.91M699.33M330.07M176.23M430.14M845.09M680.54M496.95M
Interest Expense % of Total Revenue0.00%0.00%42.64%39.91%36.64%54.72%70.88%74.23%71.66%40.08%24.01%25.58%29.20%21.89%24.66%27.21%32.52%39.48%39.87%41.68%24.05%12.43%23.67%46.58%36.85%21.96%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.02B8.13B9.77B11.93B15.16B22.80B26.80B29.16B27.85B25.88B25.89B25.85B26.61B27.77B30.10B30.49B27.18B23.96B25.22B23.71B22.65B21.68B19.37B16.71B13.78B14.06B
Total Liabilities3.97B8.07B9.66B11.63B14.70B22.15B26.13B28.55B27.21B25.09B24.99B24.79B25.44B26.33B28.37B28.59B25.11B21.80B22.91B21.32B20.02B18.73B16.17B13.51B10.48B10.49B
Total Equity54.16M63.19M109.12M305.49M456.18M649.49M671.85M608.88M643.23M784.56M906.63M1.07B1.17B1.44B1.73B1.88B2.06B2.15B2.31B2.39B2.63B2.95B3.20B3.25B3.35B3.69B
Cash23.26M36.44M40.16M198.42M39.99M103.65M106.09M111.75M189.85M338.18M283.80M42.57M66.03M63.27M130.48M63.53M69.65M66.75M370.72M380.88M1.11B1.71B2.23B168.11M194.52M973.55M
Total Debt3.93B7.93B9.45B11.37B14.30B21.67B25.56B28.12B26.79B24.81B24.67B24.43B25.10B25.96B28.03B28.17B24.67B21.36B23.52B21.47B19.87B17.75B14.64B11.83B8.31B7.79B
Net Debt3.91B7.89B9.41B11.17B14.26B21.57B25.46B28.00B26.60B24.47B24.39B24.39B25.03B25.89B27.90B27.81B24.34B21.05B21.85B20.15B18.21B15.92B12.41B11.66B8.12B6.82B

Cash Flow

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow81.49M134.21M153.00M241.08M159.11M215.24M273.06M321.10M324.71M194.87M310.86M299.32M387.18M357.45M391.37M325.26M227.51M270.89M298.92M212.81M544.87M684.06M432.03M662.89M422.99M
Investing Cash Flow--1.64B-2.07B-3.08B-6.52B-3.92B-2.47B1.06B1.81B-161.30M1.44B-792.65M496.58M-109.51M1.42B3.26B3.27B-732.35M1.52B621.22M1.19B2.27B1.94B2.41B509.43M
Financing Cash Flow1.01B1.51B2.07B2.68B6.42B3.70B2.20B-1.30B-1.99B-87.95M-1.99B516.80M-886.52M-180.73M-1.88B-3.58B-3.50B711.78M-1.79B-1.10B-1.49B-2.79B-2.70B-3.17B-890.16M
Capital Expenditure6.26M13.41M16.36M16.46M19.20M51.95M20.06M5.14M1.20M12.77M14.17M9.94M17.01M26.49M16.76M67.60M156.00M125.02M92.50M113.31M58.95M59.42M74.05M20.90M26.24M
Free Cash Flow-120.80M136.64M224.63M139.91M163.30M253.00M315.96M323.50M182.10M296.69M289.37M370.17M330.96M374.60M257.65M71.50M145.87M206.42M99.50M485.92M624.64M358.92M641.99M396.75M
Dividends Paid-2.99M---8.86B13.82M3.46M3.49M34.13M17.76M66.24M18.57M18.54M19.02M21.19M24.10M26.84M29.48M31.78M34.46M36.61M39.42M40.84M42.99M
FCF to OCF-90.01%89.31%93.17%87.94%75.87%92.65%98.40%99.63%93.45%95.44%96.68%95.61%92.59%95.72%79.22%31.43%53.85%69.06%46.76%89.18%91.31%83.08%96.85%93.80%
Dividend Paid to FCF-2.48%---5425.69%5.46%1.09%1.08%18.74%5.99%22.89%5.02%5.60%5.08%8.22%33.70%18.40%14.28%31.94%7.09%5.86%10.98%6.36%10.84%

Earnings

Report DateJan 30, 2004Apr 28, 2004Jul 29, 2004Nov 5, 2004Jan 28, 2005Apr 29, 2005Jul 28, 2005Oct 26, 2005Jan 31, 2006Apr 28, 2006Jul 28, 2006Oct 27, 2006Feb 9, 2007Apr 27, 2007Jul 31, 2007Nov 2, 2007Feb 29, 2008May 12, 2008Aug 11, 2008Oct 29, 2008Mar 3, 2009May 11, 2009Aug 10, 2009Nov 9, 2009Mar 3, 2010May 10, 2010Aug 9, 2010Nov 9, 2010Mar 3, 2011May 10, 2011Aug 9, 2011Nov 8, 2011Feb 28, 2012May 9, 2012Aug 8, 2012Nov 9, 2012Feb 28, 2013May 9, 2013Aug 8, 2013Nov 7, 2013Feb 27, 2014May 8, 2014Aug 7, 2014Nov 6, 2014Feb 26, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Feb 25, 2016May 5, 2016Aug 4, 2016Nov 9, 2016Feb 27, 2017May 8, 2017Aug 7, 2017Nov 7, 2017Feb 27, 2018May 8, 2018Aug 7, 2018Nov 8, 2018Feb 27, 2019May 8, 2019Aug 8, 2019Nov 7, 2019Feb 27, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 25, 2021May 10, 2021Aug 5, 2021Nov 8, 2021Feb 28, 2022May 9, 2022Aug 8, 2022Nov 7, 2022Feb 28, 2023May 8, 2023Aug 7, 2023Nov 7, 2023Feb 27, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Feb 25, 2025May 8, 2025Aug 6, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.230.200.440.470.570.580.580.620.620.630.630.570.370.500.490.440.26-0.240.190.330.190.230.490.681.230.920.980.861.471.011.021.071.071.111.051.081.131.311.261.361.391.471.441.481.481.511.471.571.301.391.271.101.131.241.081.100.901.361.281.251.001.211.241.061.230.492.421.795.781.791.641.702.232.011.661.751.571.531.081.401.031.381.331.361.231.921.911.521.632.662.131.93
EPS Actual0.220.221.590.640.590.590.580.610.600.570.580.550.180.540.440.450.340.310.540.470.320.640.601.011.291.141.171.231.581.181.041.221.291.111.131.121.401.341.531.481.511.561.511.451.601.371.381.091.311.451.131.361.051.231.081.001.111.671.301.141.441.611.320.941.12-0.622.281.796.102.442.201.232.501.991.441.731.071.470.711.15-0.041.811.200.341.442.395.052.951.561.941.77-
Surprise-4.35%10.00%261.36%36.17%3.51%1.72%0.00%-1.61%-3.23%-9.52%-7.94%-3.51%-51.35%8.00%-10.20%2.27%30.77%229.17%184.21%42.42%68.42%178.26%22.45%48.53%4.88%23.91%19.39%43.02%7.48%16.83%1.96%14.02%20.56%0.00%7.62%3.70%23.89%2.29%21.43%8.82%8.63%6.12%4.86%-2.03%8.11%-9.27%-6.12%-30.57%0.77%4.32%-11.02%23.64%-7.08%-0.81%0.00%-9.09%23.33%22.79%1.56%-8.80%44.00%33.06%6.45%-11.32%-8.94%-226.53%-5.79%0.00%5.54%36.31%34.15%-27.65%12.11%-0.99%-13.25%-1.14%-31.85%-3.92%-34.26%-17.86%-103.88%31.16%-9.77%-75.00%17.07%24.48%164.40%94.08%-4.29%-27.07%-16.90%-
TimingPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketAfter-hours-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap4.44B
Enterprise Value11.17B
Trailing P/E14.86
Forward P/E13.05
PEG Ratio0.46
Price / Sales2.98
Price / Book1.19
EPS8.35
Book Value105.38
Revenue (TTM)1.49B
Gross Profit (TTM)1.28B
Profit Margin20.30%
Operating Margin18.24%
Return on Equity6.76%
Return on Assets1.72%
Shares Outstanding25.16M
Shares Float16.10M
Beta0.76
Dividend Yield1.06%
Dividend Rate1.32
Payout Ratio16.06%

Analyst Ratings

Hold
Based on 1 analystsTarget 130.00
  • Hold
    1

Ownership Breakdown

Institutions
49.00%
Insiders
30.90%
Retail / Other
20.10%

Top Institutional Holders

  • Dimensional Fund Advisors, Inc.
    1.85M5.18%
  • Magnolia Group, LLC
    1.27M3.55%
  • Farmenrs & Merchants Investments Inc
    1.18M3.30%
  • BlackRock Inc
    978.03K2.73%
  • Vanguard Portfolio Management, LLC
    679.39K1.90%
  • Vanguard Capital Management, LLC
    577.94K1.62%
  • American Century Companies Inc
    420.69K1.18%
  • Geode Capital Management, LLC
    346.69K0.97%
  • State Street Corp
    314.98K0.88%
  • Bragg Financial Advisors Inc
    248.49K0.69%
  • Qvt Financial LP
    231.41K0.65%
  • General American Investors Co Inc
    231.00K0.65%

Top Fund Holders

  • DFA US Small Cap Value I
    539.61K1.51%
  • Vanguard MStar Total Stk Mkt Idx Invest
    404.22K1.13%
  • Avantis US Small Cap Value ETF
    394.47K1.10%
  • iShares Russell 2000 ETF
    392.32K1.10%
  • Vanguard Small Cap Index
    291.12K0.81%
  • DFA US Targeted Value I
    236.09K0.66%
  • FPA Queens Road Small Cap Value Inv
    234.48K0.66%
  • General American Investors
    234.03K0.65%

Dividends

20263×
0.33Sep 1, 20260.33Jun 1, 20260.33Feb 27, 2026
20254×
0.33Dec 1, 20250.30Sep 2, 20250.28Jun 2, 20250.28Feb 28, 2025
20244×
0.28Dec 2, 20240.28Aug 30, 20240.28May 31, 20240.28Feb 29, 2024
20234×
0.28Nov 30, 20230.26Aug 31, 20230.26May 31, 20230.26Feb 28, 2023
20224×
0.26Nov 30, 20220.24Aug 31, 20220.24May 31, 20220.24Feb 28, 2022
20214×
0.24Nov 30, 20210.22Aug 31, 20210.22May 27, 20210.22Feb 26, 2021
20201×
0.22Nov 30, 2020