Nelnet, Inc. (NNI)

NYSE: NNI · USD

$121

-1.58 (-1.3%)· Recorded snapshot

Market cap	4.3B
Revenue (ttm)	1.5B
Net income (ttm)	302.2M
EPS (ttm)	$8.37
Shares out	35.8M
P/E (trailing)	14.5x
P/E (forward)	14.7x
Dividend	$1.32 (1.09%)
Volume	85,568
Beta	0.77

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 1.5B
Net income (ttm): 302.2M
EPS (ttm): $8.37
P/E (trailing): 14.5x
P/E (forward): 14.7x
Market cap: 4.3B

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ACGL	Arch Capital Group Ltd.	34.8B	8.3x	1.8x	15.9%	+15.1%	+18.7%	Strong Buy
AIG	American International Group Inc.	41.7B	14.7x	1.6x	7.7%	-9.6%	+2.8%	Strong Buy
AIZ	Assurant, Inc.	14.1B	13.6x	1.0x	14.4%	+6.6%	+36.2%	Hold

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E14.7

P25 n/aP50 n/aP75 n/a

Trailing P/E14.5

P25 n/aP50 n/aP75 n/a

ROE6.8

P25 n/aP50 n/aP75 n/a

ROIC2.4

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All NNI indicators

Market & fundamental data

Available fields

265

Groups with data

Currency

USD

Showing 265 of 265 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001258602
Company name	Nelnet, Inc.
Country	United States
Country code	US
CUSIP number	64031N108
Earnings date	2026-11-05
Earnings time	amc
Employees	5,744
Employees change	-995
Employees growth	-14.76%
Enterprise value	$11.2B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1978
In index	RUSSELL2000
Industry	Credit Services
IPO date	2003-12-11
Is primary listing	Yes
Is SPAC	No
ISIN number	US64031N1081
Last 10-K release date	2026-02-26
Last earnings date	2026-08-06
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$4.3B
Market cap category	Mid-Cap
Next earnings date	2026-11-05
Options	Yes
Price	$121.17
Price currency	USD
Sector	Financials
SIC code	6141
Stock price date	2026-10-28
Symbol	NNI
U.S. state	Nebraska
Website	https://www.nelnet.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	14.74x
Average P/E ratio (10Y)	14.15x
Average P/E ratio (3Y)	21.01x
Average P/E ratio (5Y)	16.43x
Earnings yield	6.9%
EV/Earnings	37.16x
EV/FCF	30.85x
EV/Sales	7.54x
FCF / EV yield	3.24%
FCF yield	8.35%
Forward EV/Sales	6.48x
Forward P/E	14.68x
Forward P/S	2.52x
Graham number	140.83854
Graham upside	15.53%
Industry forward P/E	19.82x
Industry P/E	22.96x
Lynch fair value	$41.83
Lynch upside	-65.69%
P/(FCF - SBC) ratio	12.52x
P/(OCF - SBC) ratio	11.32x
P/B ratio	1.16x
P/E ratio	14.48x
P/FCF ratio	11.98x
P/OCF ratio	10.88x
P/S ratio	2.93x
Price / tangible book value	1.26x
Sector forward P/E	13.63x
Sector P/E	15.65x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Effective tax rate	25.77%
FCF margin	24.45%
Gross margin	86.14%
Operating margin	24.07%
Pretax margin	21.76%
Profit margin	20.3%
Profit per employee	$52,619
Profitable quarters	10
Profitable years	26
Revenue per employee	$259,173
ROA	1.72%
ROA (5Y)	1.59%
ROE	6.76%
ROE (5Y)	9%
ROIC	2.42%
ROIC (5Y)	1.9%
SBC / revenue	1.05%
Tax / revenue	5.61%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-7.44%
EPS growth (Q)	-62.81%
EPS growth (QoQ)	-6.17%
EPS growth 10Y	5.92%
EPS growth 3Y	18.27%
EPS growth 5Y	-8.87%
EPS growth years	2
FCF growth	-26.66%
FCF growth (Q)	-8.32%
FCF growth (QoQ)	16.25%
FCF growth 3Y	2.68%
FCF growth 5Y	-2.31%
Net income growth	-8.29%
Net income growth (Q)	-63.26%
Net income growth (QoQ)	-6.28%
Net income growth 3Y	16.95%
Net income growth 5Y	-10.07%
Net income growth years	2
OCF growth	-18.23%
OCF growth (Q)	-4.73%
OCF growth (QoQ)	6.54%
OCF growth 10Y	0.68%
OCF growth 3Y	0.19%
OCF growth 5Y	-4.48%
Operating income growth	-16.27%
Operating income growth (Q)	-72.44%
Operating income growth 3Y	15.52%
Operating income growth 5Y	-2.15%
Revenue growth	-4.53%
Revenue growth (Q)	-30.49%
Revenue growth (QoQ)	1.55%
Revenue growth 10Y	6.38%
Revenue growth 3Y	5.13%
Revenue growth 5Y	3.56%
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-37M
Depreciation and amortization	$23.7M
EPS	$8.37
FCF per share	$10.17
Financing cash flow	$165.5M
Free cash flow	$364M
Free cash flow minus SBC	$348.4M
Gross profit	$1.3B
Income taxes	$83.5M
Investing cash flow	$-388.3M
Net borrowing	$-845.1M
Net cash flow	$164.5M
Net income	$302.2M
Operating cash flow minus SBC	$385.4M
Operating income	$358.4M
Revenue	$1.5B
Stock-based compensation	$15.6M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$105.38
Debt / equity	1.94
Debt / FCF	19.35
Goodwill	$206.8M
Net cash (debt)	$-6.9B
Net cash / market cap	-157.46%
Net debt / equity	1.89
Net debt / FCF	18.87
Piotroski F-Score	5
Property, plant and equipment	$80.7M
Shareholders' equity	$3.6B
Tangible book value	$3.5B
Tangible book value per share	$96.92
Total assets	$14.3B
Total cash	$175.2M
Total debt	$7B
Total liabilities	$10.6B
WACC	3.25%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.11
Current ratio	3.63
Quick ratio	3.37
Working capital	$8.1B
Working capital turnover	0.17

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	0.92%
Dividend growth	15.79%
Dividend growth (10Y)	10.65%
Dividend growth (3Y)	8.27%
Dividend growth (5Y)	8.45%
Dividend growth years	11
Dividend payment date	2026-09-15
Dividend payment years	20
Dividend payout frequency	Quarterly
Dividend per share	$1.32
Dividend yield	1.09%
Ex-dividend date	2026-09-01
FCF payout ratio	12.97%
Last dividend	$0.33
Payout ratio	15.78%
Shareholder yield	1.99%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	205.71%
10Y return CAGR	13.13%
10Y total return	243.29%
150-day SMA	$130.12
15Y price change	456.05%
15Y return CAGR	13.74%
15Y total return	590.22%
1D price change	-1.29%
1M price change	-2.73%
1M total return	-2.73%
1W price change	-4.3%
1W total return	-4.3%
1Y price change	-7.95%
1Y return CAGR	-7%
1Y total return	-7%
20-day SMA	$124.92
200-day SMA	$130.36
20Y price change	316.32%
20Y return CAGR	8.95%
20Y total return	455.1%
3M price change	-9.68%
3M total return	-9.44%
3Y price change	46.15%
3Y return CAGR	14.69%
3Y total return	50.88%
50-day SMA	$125.71
50-day SMA vs 200-day SMA	50under200
52-week high	$144.38
52-week high date	2026-04-28
52-week low	$116.62
52-week low date	2026-05-08
5Y price change	47.7%
5Y return CAGR	9.3%
5Y total return	55.95%
6M price change	-14.7%
6M total return	-14.26%
All-time high	$144.38
All-time high date	2026-04-28
All-time low	$4.06
All-time low date	2009-03-02
Average true range (ATR)	$2.38
Average volume	123.9K
Beta (1Y)	0.19
Beta (2Y)	0.52
Beta (5Y)	0.77
Change from 52-week high	-16.08%
Change from 52-week low	3.9%
Change from all-time high	-16.23%
Change from all-time low	2,878.82%
Change from open	-1.41%
Day's gap	0.12%
Dollar volume	$10.4M
High price	$123.50
Low price	$121.17
Monthly RSI	49.61
Open price	$122.90
Position in 52-week range	0%
Premarket change	-0.96%
Premarket close	$122.75
Premarket price	$121.57
Previous close	$122.75
Price vs 150-day SMA	-7.06%
Price vs 20-day SMA	-3.18%
Price vs 200-day SMA	-7.23%
Price vs 50-day SMA	-3.79%
Relative volume	0.69
RSI	34.52
Sharpe ratio	-0.36
Sharpe ratio (3Y)	0.47
Sharpe ratio (5Y)	0.3
Sortino ratio	-0.24
Sortino ratio (3Y)	0.94
Sortino ratio (5Y)	0.71
Volume	85.6K
Weekly RSI	38.14
YTD price change	-9.04%
YTD total return	-8.34%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	16.1M
Float percentage	45%
Shares change (QoQ)	-0.11%
Shares change (YoY)	-0.92%
Shares held by insiders	15.17%
Shares held by institutions	30.12%
Shares outstanding	35.8M
Short % of float	4.07%
Short % of shares	1.83%
Short ratio	4.4 days

Deeper analysis on NNI

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this NNI report

Is a complete NNI research report available?

No complete published report is available for Nelnet, Inc. (NNI) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Nelnet, Inc. (NNI)

Price

Financial snapshot

Fair-value bridge

Latest news · NNI

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All NNI indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on NNI

Frequently asked questions