Nelnet, Inc. (NNI)
NYSE: NNI · Real-Time Price · USD
127.80
+1.40 (1.11%)
Nov 25, 2025, 9:50 AM EST - Market open

Nelnet Statistics

Total Valuation

Nelnet has a market cap or net worth of $4.59 billion. The enterprise value is $12.15 billion.

Market Cap4.59B
Enterprise Value 12.15B

Important Dates

The last earnings date was Thursday, November 6, 2025, after market close.

Earnings Date Nov 6, 2025
Ex-Dividend Date Dec 1, 2025

Share Statistics

Nelnet has 35.93 million shares outstanding. The number of shares has decreased by -1.17% in one year.

Current Share Class 25.32M
Shares Outstanding 35.93M
Shares Change (YoY) -1.17%
Shares Change (QoQ) -0.46%
Owned by Insiders (%) 51.76%
Owned by Institutions (%) 30.13%
Float 12.07M

Valuation Ratios

The trailing PE ratio is 10.61 and the forward PE ratio is 16.29.

PE Ratio 10.61
Forward PE 16.29
PS Ratio 2.71
Forward PS 2.85
PB Ratio 1.25
P/TBV Ratio 1.31
P/FCF Ratio 9.78
P/OCF Ratio 9.75
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 28.00
EV / Sales 7.15
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 26.16

Financial Position

The company has a current ratio of 5.81, with a Debt / Equity ratio of 2.18.

Current Ratio 5.81
Quick Ratio 5.53
Debt / Equity 2.18
Debt / EBITDA n/a
Debt / FCF 16.84
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 12.45%.

Return on Equity (ROE) 12.45%
Return on Assets (ROA) 3.03%
Return on Invested Capital (ROIC) n/a
Return on Capital Employed (ROCE) n/a
Revenue Per Employee $252,092
Profits Per Employee $64,381
Employee Count6,739
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, Nelnet has paid $135.31 million in taxes.

Income Tax 135.31M
Effective Tax Rate 24.23%

Stock Price Statistics

The stock price has increased by +17.11% in the last 52 weeks. The beta is 0.83, so Nelnet's price volatility has been lower than the market average.

Beta (5Y) 0.83
52-Week Price Change +17.11%
50-Day Moving Average 128.49
200-Day Moving Average 119.82
Relative Strength Index (RSI) 45.09
Average Volume (20 Days) 104,791

Short Selling Information

The latest short interest is 323,296, so 0.90% of the outstanding shares have been sold short.

Short Interest 323,296
Short Previous Month 288,945
Short % of Shares Out 0.90%
Short % of Float 2.68%
Short Ratio (days to cover) 4.65

Income Statement

In the last 12 months, Nelnet had revenue of $1.70 billion and earned $433.86 million in profits. Earnings per share was $11.91.

Revenue1.70B
Gross Profit 1.46B
Operating Income 581.74M
Pretax Income 558.40M
Net Income 433.86M
EBITDA n/a
EBIT n/a
Earnings Per Share (EPS) $11.91
Full Income Statement

Balance Sheet

The company has $216.78 million in cash and $7.83 billion in debt, giving a net cash position of -$7.61 billion or -$211.73 per share.

Cash & Cash Equivalents 216.78M
Total Debt 7.83B
Net Cash -7.61B
Net Cash Per Share -$211.73
Equity (Book Value) 3.59B
Book Value Per Share 101.50
Working Capital 9.34B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $465.90 million and capital expenditures -$1.37 million, giving a free cash flow of $464.54 million.

Operating Cash Flow 465.90M
Capital Expenditures -1.37M
Free Cash Flow 464.54M
FCF Per Share $12.93
Full Cash Flow Statement

Margins

Gross margin is 85.72%, with operating and profit margins of 34.24% and 25.54%.

Gross Margin 85.72%
Operating Margin 34.24%
Pretax Margin 32.87%
Profit Margin 25.54%
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin 27.34%

Dividends & Yields

This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 0.95%.

Dividend Per Share $1.20
Dividend Yield 0.95%
Dividend Growth (YoY) 6.25%
Years of Dividend Growth 10
Payout Ratio 9.99%
Buyback Yield 1.17%
Shareholder Yield 2.12%
Earnings Yield 9.55%
FCF Yield 10.23%
Dividend Details

Analyst Forecast

The average price target for Nelnet is $135.00, which is 5.63% higher than the current price. The consensus rating is "Hold".

Price Target $135.00
Price Target Difference 5.63%
Analyst Consensus Hold
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6