Nelnet Financial Statements From 2010 to 2026

NNI Stock  USD 130.92  1.35  1.02%   
Nelnet's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Nelnet's valuation are provided below:
Gross Profit
1.5 B
Profit Margin
0.2545
Market Capitalization
4.7 B
Enterprise Value Revenue
9.3062
Revenue
1.7 B
We have found one hundred twenty available fundamental ratios for Nelnet, which can be analyzed and compared to other ratios and to its peers in the industry. Traders should compare all of Nelnet last-minute fundamentals against the fundamentals between 2010 and 2026 to make sure the company is sustainable this year. The current Market Cap is estimated to decrease to about 1.8 B

Nelnet Total Revenue

1.29 Billion

Check Nelnet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nelnet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 130.9 M, Interest Expense of 514 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 2.57, Dividend Yield of 0.0149 or PTB Ratio of 1.28. Nelnet financial statements analysis is a perfect complement when working with Nelnet Valuation or Volatility modules.
  
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Check out the analysis of Nelnet Correlation against competitors.

Nelnet Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets23.9 B15.8 B22.3 B
Pretty Stable
Short and Long Term Debt Total9.1 B9.6 B18.7 B
Slightly volatile
Total Stockholder EquityB3.9 B2.3 B
Slightly volatile
Net Debt8.9 B9.3 B18 B
Slightly volatile
Cash358.5 M223.7 M428.3 M
Slightly volatile
Cash And Short Term Investments1.4 B1.4 B821.1 M
Slightly volatile
Common Stock Shares Outstanding35.9 M33 M41 M
Slightly volatile
Liabilities And Stockholders Equity23.9 B15.8 B22.3 B
Pretty Stable
Non Current Liabilities Total9.1 B9.6 B17.7 B
Slightly volatile
Total Liabilities22.3 B12.1 B20.1 B
Slightly volatile
Total Current Assets2.1 B1.6 BB
Slightly volatile
Other Liabilities259.6 M505.6 M289.9 M
Slightly volatile
Retained EarningsB3.8 B2.3 B
Slightly volatile
Long Term Debt9.5 B6.6 BB
Slightly volatile
Short Term Investments628.2 M1.1 B517 M
Slightly volatile
Intangible Assets62.6 M32.7 M46.8 M
Slightly volatile
Common Stock360.3 K326.7 K408.2 K
Slightly volatile
Property Plant Equipment103 M122.1 M126.7 M
Slightly volatile
Total Current Liabilities1.3 B2.5 B1.7 B
Slightly volatile
Property Plant And Equipment Net108.2 M109.5 M128 M
Slightly volatile
Accounts Payable34.8 M18.9 M30.8 M
Pretty Stable
Non Current Assets Total15 B14.3 B5.9 B
Slightly volatile
Net Receivables210 M221 M1.2 B
Pretty Stable
Good Will143.9 M181.7 M137 M
Slightly volatile
Common Stock Total Equity370.2 K341.1 K411.4 K
Slightly volatile
Property Plant And Equipment Gross474.5 M451.9 M225.1 M
Slightly volatile
Short Term Debt806.4 M848.8 M1.9 B
Pretty Stable
Net Tangible Assets2.1 B3.4 B2.1 B
Slightly volatile
Retained Earnings Total Equity2.2 B3.4 B2.2 B
Slightly volatile
Long Term Debt TotalB9.6 B7.8 B
Slightly volatile
Capital Surpluse9.1 M6.7 M12.5 M
Slightly volatile
Long Term Investments2.3 B2.2 B910.5 M
Slightly volatile
Short and Long Term Debt806.4 M848.8 M11.7 B
Slightly volatile
Cash And Equivalents136.8 M223.7 M111.6 M
Slightly volatile
Net Invested Capital15.7 B10.5 B20.5 B
Slightly volatile
Capital Stock305.1 K326.7 K383.9 K
Slightly volatile
Capital Lease Obligations13.9 M14.3 M17.5 M
Slightly volatile

Nelnet Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue1.3 B2.1 B1.3 B
Slightly volatile
Gross Profit753.4 M1.3 B874.8 M
Slightly volatile
Other Operating ExpensesB1.9 BB
Slightly volatile
Operating Income271.5 M262.9 M313.7 M
Very volatile
EBIT278.3 M262.9 M317.5 M
Very volatile
EBITDA409.6 M415.3 M445.8 M
Pretty Stable
Cost Of Revenue534.6 M845.4 M452.3 M
Slightly volatile
Total Operating Expenses1.1 BB595.5 M
Slightly volatile
Income Before Tax271.5 M262.9 M313.7 M
Very volatile
Net Income191.7 M211.7 M229.1 M
Pretty Stable
Income Tax Expense83.4 M60.6 M90.3 M
Slightly volatile
Selling General Administrative763.4 M727 M406.3 M
Slightly volatile
Net Income Applicable To Common Shares199.2 M207.6 M228.7 M
Pretty Stable
Selling And Marketing Expenses16.1 M19.3 M16.6 M
Slightly volatile
Net Income From Continuing Ops272.9 M202.3 M244.3 M
Very volatile
Non Recurring2.2 M2.5 M2.7 M
Slightly volatile
Tax Provision69.6 M47.4 M102.9 M
Slightly volatile
Net Interest Income240 M263.6 M319.9 M
Slightly volatile
Interest Income899.7 M1.1 B820.3 M
Slightly volatile
Reconciled Depreciation124.4 M119.3 M144.2 M
Very volatile

Nelnet Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures46.5 M24 M54.6 M
Slightly volatile
Total Cash From Operating Activities800.4 M762.3 M414.7 M
Slightly volatile
Net Income196.5 M202.3 M224.8 M
Pretty Stable
End Period Cash Flow1.1 B1.1 B624.4 M
Slightly volatile
Free Cash Flow775.2 M738.3 M364 M
Slightly volatile
Begin Period Cash Flow1.2 B1.2 B650.9 M
Slightly volatile
Depreciation148.4 M152.4 M136.3 M
Slightly volatile
Issuance Of Capital Stock1.8 M2.2 M1.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.572.442.5643
Slightly volatile
Dividend Yield0.01490.0120.0131
Pretty Stable
PTB Ratio1.281.342.0228
Slightly volatile
Days Sales Outstanding41.543.6994.6452
Slightly volatile
Book Value Per Share85.0881.0355.9215
Slightly volatile
Free Cash Flow Yield0.190.1640.1482
Pretty Stable
Operating Cash Flow Per Share17.116.2810.0588
Slightly volatile
Stock Based Compensation To Revenue0.00370.00590.0052
Slightly volatile
Capex To Depreciation0.240.140.3682
Pretty Stable
PB Ratio1.281.342.0228
Slightly volatile
EV To Sales7.127.4920.7193
Slightly volatile
Free Cash Flow Per Share16.5615.778.7297
Slightly volatile
ROIC0.01530.01610.0657
Slightly volatile
Net Income Per Share3.254.525.4288
Pretty Stable
Payables Turnover33.0131.4418.1024
Slightly volatile
Sales General And Administrative To Revenue0.20.310.2905
Very volatile
Capex To Revenue0.00970.01020.0384
Very volatile
Cash Per Share30.3928.9414.7428
Slightly volatile
POCF Ratio4.985.316.3016
Pretty Stable
Interest Coverage0.290.30.9685
Slightly volatile
Payout Ratio0.120.20.1476
Slightly volatile
Capex To Operating Cash Flow0.0270.02840.1645
Very volatile
PFCF Ratio6.675.498.9258
Very volatile
Days Payables Outstanding11.4212.0225.2733
Slightly volatile
Income Quality3.154.332.2939
Slightly volatile
ROE0.060.06320.113
Slightly volatile
EV To Operating Cash Flow19.8320.8762.2005
Slightly volatile
PE Ratio28.8424.4624.3966
Pretty Stable
Return On Tangible Assets0.00630.01220.01
Slightly volatile
EV To Free Cash Flow20.4721.5587.7906
Slightly volatile
Earnings Yield0.07380.04230.0995
Slightly volatile
Intangibles To Total Assets0.01330.01270.0087
Slightly volatile
Net Debt To EBITDA24.5525.8474.3128
Slightly volatile
Current Ratio0.70.731.1578
Slightly volatile
Tangible Book Value Per Share80.0776.2651.4692
Slightly volatile
Receivables Turnover9.088.656.2766
Slightly volatile
Graham Number96.0591.4880.727
Slightly volatile
Shareholders Equity Per Share86.3982.2756.171
Slightly volatile
Debt To Equity2.712.8513.8818
Slightly volatile
Capex Per Share0.850.511.3474
Slightly volatile
Revenue Per Share47.6245.3633.2353
Slightly volatile
Interest Debt Per Share357221454
Slightly volatile
Debt To Assets0.990.690.8598
Slightly volatile
Enterprise Value Over EBITDA36.3938.3188.2061
Slightly volatile
Short Term Coverage Ratios0.60.632.4468
Slightly volatile
Price Earnings Ratio28.8424.4624.3966
Pretty Stable
Operating Cycle41.543.6994.6452
Slightly volatile
Price Book Value Ratio1.281.342.0228
Slightly volatile
Days Of Payables Outstanding11.4212.0225.2733
Slightly volatile
Dividend Payout Ratio0.120.20.1476
Slightly volatile
Price To Operating Cash Flows Ratio4.985.316.3016
Pretty Stable
Price To Free Cash Flows Ratio6.675.498.9258
Very volatile
Pretax Profit Margin0.180.110.2482
Slightly volatile
Operating Profit Margin0.180.110.2482
Slightly volatile
Effective Tax Rate0.350.260.2927
Slightly volatile
Company Equity Multiplier4.494.7315.2873
Slightly volatile
Long Term Debt To Capitalization1.010.790.8901
Slightly volatile
Total Debt To Capitalization1.020.820.8973
Slightly volatile
Return On Capital Employed0.0090.01770.0141
Slightly volatile
Debt Equity Ratio2.712.8513.8818
Slightly volatile
Ebit Per Revenue0.180.110.2482
Slightly volatile
Quick Ratio0.70.731.1578
Slightly volatile
Dividend Paid And Capex Coverage Ratio11.7312.356.7099
Very volatile
Net Income Per E B T0.560.720.7454
Slightly volatile
Cash Ratio0.09880.10.2311
Slightly volatile
Operating Cash Flow Sales Ratio0.220.320.2866
Pretty Stable
Days Of Sales Outstanding41.543.6994.6452
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.941.110.8417
Very volatile
Cash Flow Coverage Ratios0.07540.07180.0286
Slightly volatile
Price To Book Ratio1.281.342.0228
Slightly volatile
Fixed Asset Turnover24.3222.3118.1486
Slightly volatile
Capital Expenditure Coverage Ratio28.2736.4715.1981
Pretty Stable
Price Cash Flow Ratio4.985.316.3016
Pretty Stable
Enterprise Value Multiple36.3938.3188.2061
Slightly volatile
Debt Ratio0.990.690.8598
Slightly volatile
Cash Flow To Debt Ratio0.07540.07180.0286
Slightly volatile
Price Sales Ratio2.572.442.5643
Slightly volatile
Return On Assets0.00620.0120.0099
Slightly volatile
Asset Turnover0.130.120.067
Slightly volatile
Net Profit Margin0.120.08970.1763
Slightly volatile
Gross Profit Margin0.50.540.6781
Slightly volatile
Price Fair Value1.281.342.0228
Slightly volatile
Return On Equity0.060.06320.113
Slightly volatile

Nelnet Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.8 B3.3 B2.7 B
Slightly volatile

Nelnet Fundamental Market Drivers

Forward Price Earnings15.748
Cash And Short Term Investments1.2 B

Nelnet Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Nelnet Financial Statements

Investors use fundamental indicators, such as Nelnet's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nelnet's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue83.4 M87.6 M
Total Revenue2.1 B1.3 B
Cost Of Revenue845.4 M534.6 M
Sales General And Administrative To Revenue 0.31  0.20 
Capex To Revenue 0.01  0.01 
Revenue Per Share 45.36  47.62 
Ebit Per Revenue 0.11  0.18 

Currently Active Assets on Macroaxis

When determining whether Nelnet Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nelnet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nelnet Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nelnet Inc Stock:
Check out the analysis of Nelnet Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nelnet. If investors know Nelnet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nelnet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
43.816
Dividend Share
1.14
Earnings Share
11.91
Revenue Per Share
46.792
Quarterly Revenue Growth
0.504
The market value of Nelnet Inc is measured differently than its book value, which is the value of Nelnet that is recorded on the company's balance sheet. Investors also form their own opinion of Nelnet's value that differs from its market value or its book value, called intrinsic value, which is Nelnet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nelnet's market value can be influenced by many factors that don't directly affect Nelnet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nelnet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nelnet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nelnet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.