Nelnet Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 19, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	3,978	3,744	2,979	3,151	3,285	2,233
Market Cap Growth	1.31%	25.68%	-5.47%	-4.06%	47.10%	8.39%
PE Ratio	10.76	21.06	36.66	8.28	9.50	7.75
PS Ratio	2.74	2.86	2.81	2.23	2.75	2.47
PB Ratio	1.30	1.18	1.03	1.05	1.26	1.04
P/FCF Ratio	10.05	6.04	9.20	5.40	8.87	11.58
P/OCF Ratio	10.02	5.85	7.62	4.93	7.78	7.82
Debt / Equity Ratio	2.18	2.52	3.70	4.58	5.98	7.36
Debt / FCF Ratio	16.85	12.96	33.09	23.50	41.88	82.02
Net Debt / Equity Ratio	2.12	2.46	3.65	4.54	5.93	7.31
Net Debt / FCF Ratio	16.38	12.65	32.62	23.31	41.58	81.51
Quick Ratio	5.53	6.30	9.70	10.21	19.36	53.18
Current Ratio	5.81	6.73	10.30	11.01	20.46	55.35
Asset Turnover	0.12	0.09	0.07	0.07	0.06	0.05
Return on Equity (ROE)	12.45%	5.41%	1.54%	12.64%	13.84%	13.93%
Return on Assets (ROA)	3.03%	1.15%	0.27%	1.89%	1.74%	1.51%
Return on Invested Capital (ROIC)	3.91%	1.38%	0.47%	2.08%	1.91%	0.78%
Earnings Yield	9.30%	4.75%	2.73%	12.08%	10.53%	12.90%
FCF Yield	9.95%	16.56%	10.87%	18.52%	11.28%	8.63%
Dividend Yield	0.96%	1.08%	1.24%	1.12%	0.97%	1.30%
Payout Ratio	10.41%	22.19%	43.88%	9.00%	8.76%	9.02%
Buyback Yield / Dilution	1.17%	2.07%	0.50%	2.51%	1.25%	2.47%
Total Shareholder Return	2.13%	3.15%	1.74%	3.64%	2.21%	3.77%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.