Navient Corporation (NAVI)

Navient Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,088	1,148	1,658	2,199	1,527	1,783
Revenue Growth (YoY)	-24.97%	-30.76%	-24.60%	44.01%	-14.36%	13.42%
Gross Profit	1,088	1,148	1,658	2,199	1,527	1,783
Selling, General & Admin	397	401	444	569	497	488
Other Operating Expenses	433	434	387	694	498	532
Operating Expenses	830	835	831	1,263	995	1,020
Operating Income	258	313	827	936	532	763
Pretax Income	258	313	827	936	532	763
Income Tax	68	85	182	219	120	166
Net Income	190	228	645	717	412	597
Net Income Growth	-62.08%	-64.65%	-10.04%	74.03%	-30.99%	51.14%
Shares Outstanding (Basic)	113	122	142	170	193	230
Shares Outstanding (Diluted)	114	123	144	172	195	233
Shares Change	-12.31%	-14.58%	-16.28%	-11.79%	-16.31%	-11.74%
EPS (Basic)	1.65	1.87	4.54	4.23	2.14	2.59
EPS (Diluted)	1.62	1.85	4.49	4.18	2.12	2.56
EPS Growth	-55.62%	-58.80%	7.42%	97.17%	-17.19%	71.81%
Free Cash Flow	713	676	305	702	987	1,019
Free Cash Flow Per Share	6.31	5.54	2.15	4.13	5.11	4.43
Dividend Per Share	0.640	0.640	0.640	0.640	0.640	0.640
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	23.71%	27.26%	49.88%	42.56%	34.84%	42.79%
Profit Margin	17.46%	19.86%	38.90%	32.61%	26.98%	33.48%
Free Cash Flow Margin	65.53%	58.89%	18.40%	31.92%	64.64%	57.15%
Effective Tax Rate	26.36%	27.16%	22.01%	23.40%	22.56%	21.76%
EBITDA	258	313	827	936	532	763
EBITDA Margin	23.71%	27.26%	49.88%	42.56%	34.84%	42.79%
EBIT	258	313	827	936	532	763
EBIT Margin	23.71%	27.26%	49.88%	42.56%	34.84%	42.79%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).