Go Deep
Nelnet, Inc.
Nelnet, Inc. Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 20,286 | 15.2 | 1.20 | 1.94 | 12,088.01 |
| Oct 2026 | 20,320 | 15.1 | 1.20 | 1.94 | 11,969.08 |
| Oct 2026 | 20,242 | 15.4 | 1.22 | 1.94 | 12,156.91 |
| Oct 2026 | 20,266 | 15.2 | 1.21 | 1.94 | 12,068.58 |
| Oct 2026 | 20,358 | 14.9 | 1.19 | 1.94 | 11,861.53 |
| Oct 2026 | 20,307 | 15.1 | 1.20 | 1.94 | 11,982.89 |
| Oct 2026 | 20,341 | 15.0 | 1.19 | 1.94 | 11,871.95 |
| Oct 2026 | 20,328 | 15.0 | 1.19 | 1.94 | 11,879.08 |
Nelnet, Inc. Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 366,304,000.0 | 362,891,000.0 | 333,264,000.0 | 373,925,000.0 |
| Net Profit | 66,662,000.0 | 71,126,000.0 | 57,771,000.0 | 106,684,000.0 |
| EPS | 1.9 | 2.0 | 1.6 | 2.9 |
Nelnet, Inc. Revenue & Profit: Last 4 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Revenue | 1,351,076,000.0 | 1,166,071,000.0 | 968,446,000.0 | 1,386,775,000.0 |
| Net Profit | 428,474,000.0 | 184,045,000.0 | 89,826,000.0 | 406,899,000.0 |
| EPS | 11.8 | 5.0 | 2.4 | 10.8 |
Nelnet, Inc. Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 14,063,783,000.0 | 13,777,753,000.0 | 16,712,384,000.0 | 19,374,044,000.0 | — |
| Total Liabilities | 10,486,554,000.0 | 10,478,636,000.0 | 13,512,277,000.0 | 16,174,142,000.0 | — |
| Total Equity | 3,685,792,000.0 | 3,349,762,000.0 | 3,253,751,000.0 | 3,198,959,000.0 | — |
Owes vs Owns
Nelnet, Inc. owed $0.75 for every $1 it owned in Jun 2026, down from $0.83 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.75× | 0.75× | 0.76× | 0.81× | 0.83× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
Nelnet, Inc. Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
Cash & short-term investments 10.1%Receivables 1.6%Fixed assets (tangible) 0.5%Intangible assets 1.3%Long-term investments 13.6%Other assets 72.8%
How it's funded — Dec 2025
Short-term debt 7.0%Long-term debt 48.3%Other liabilities 19.1%Shareholders' equity 25.4%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 1,425.2 | 1,178.4 | 1,106.0 | 1,507.2 |
| Receivables | 225.5 | 192.2 | 249.9 | 226.0 |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 |
| Fixed assets (tangible) | 75.5 | 95.2 | 127.0 | 122.5 |
| Intangible assets | 187.3 | 194.4 | 202.8 | 240.4 |
| Long-term investments | 1,906.9 | 1,934.7 | 1,689.1 | 2,000.4 |
| Other assets | 10,243.3 | 10,183.0 | 13,337.4 | 15,277.5 |
| Liabilities & equity | ||||
| Short-term debt | 981.9 | 943.2 | 1,422.2 | 1,132.3 |
| Long-term debt | 6,799.0 | 7,366.6 | 10,198.1 | 12,937.6 |
| Payables | 20.4 | 21.0 | 35.4 | 36.0 |
| Other liabilities | 2,685.2 | 2,147.8 | 1,856.7 | 2,068.2 |
| Shareholders' equity | 3,577.2 | 3,299.1 | 3,200.1 | 3,199.9 |
| Net tangible assets | 3,498.5 | 3,155.4 | 3,050.9 | 2,958.6 |
Nelnet, Inc. Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | 422,985,000.0 | 662,890,000.0 | 432,027,000.0 | 683,060,000.0 | — |
| Investing Activities | 356,404,000.0 | 2,412,733,000.0 | 1,939,030,000.0 | 2,273,026,000.0 | — |
| Financing Activities | -737,138,000.0 | -3,169,657,000.0 | -2,703,198,000.0 | -2,792,499,000.0 | — |