Nelnet IncNNI

NYSEFinancePersonal Credit Institutions
Price (close)
$125.03
Market cap
$4.5B
P/E
14.9x
Revenue (TTM)
$119.9M
Net income
$302.2M
Dividend yield
1.06%
1-year total return
0.2%
Net margin
252.2%
Revenue growth
39.2%
Debt / equity
1.87x

What Nelnet Inc does.

Nelnet is an operating holding company with primary businesses in consumer lending, loan servicing, payments, and technology-enabled services, many of which are focused on serving customers in the education sector. The Company conducts these activities both directly and through its wholly owned and majority-owned subsidiaries, and actively manages and operates its businesses on an integrated basis. Nelnet’s largest operating and technology platforms support loan servicing and education-related technology and payment solutions. A significant portion of the Company’s revenue is derived from net interest income earned on a portfolio of federally insured student loans, a substantial portion of which is serviced by the Company.

The Company has also broadened its operating business mix both within and beyond its historical education-focused activities. These businesses include banking and other financial services conducted through the Company’s bank and other subsidiaries, asset management and related customer-facing servicing, real estate development and management, reinsurance operations, renewable energy development, and selected strategic interests in early-stage, emerging growth, and other operating enterprises. The Company actively manages such businesses and holds interests in them for strategic and operational purposes.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.4B$1.3B$1.6B$20.1M$62.9M$107.5M
Net income$352.4M$393.3M$406.9M$89.8M$184.0M$428.5M
Free cash flow$235.8M$421.4M$623.6M$358.0M$642.0M$396.7M

More on NNI.

Figures from Nelnet Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.