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Nelnet, Inc.

$126.69 -$2.30 (-1.78%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$125.78
Day Range
$125.73$127.5
Year Range
$116.62$144.38
Market Cap
4.55B
AVG Volume
136.83K
Trailing/Forward PE
15.21/14.73
PEG ratio
1.04
Dividend Yield
1.04%
Next Earnings Date
2026-11-05
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
01B2B3B2016201720182019202020212022202320242025
NNI Revenue (USD) by year
PeriodRevenue (USD)
20252.08B
20241.84B
20231.84B
20221.83B
20211.41B
20201.39B
20191.69B
20181.67B
20171.16B
20161.19B
Net Income (USD)
0200M400M600M2016201720182019202020212022202320242025
NNI Net Income (USD) by year
PeriodNet Income (USD)
2025428.47M
2024184.05M
202389.71M
2022407.35M
2021393.29M
2020352.44M
2019141.8M
2018227.91M
2017173.17M
2016256.75M
Operating Income (USD)
0200M400M600M800M2016201720182019202020212022202320242025
NNI Operating Income (USD) by year
PeriodOperating Income (USD)
2025674.47M
2024228.59M
202369.18M
2022509.47M
2021502.11M
2020450.49M
2019176.74M
2018286.3M
2017226.69M
2016398.81M
EBITDA (USD)
0200M400M600M800M2016201720182019202020212022202320242025
NNI EBITDA (USD) by year
PeriodEBITDA (USD)
2025722.23M
2024361.11M
2023214.57M
2022685.72M
2021634.43M
2020648.96M
2019369.41M
2018470.98M
2017364.51M
2016521.36M
Cash Flows (USD)
0200M400M600M800M2016201720182019202020212022202320242025
NNI Cash Flows (USD) by year
PeriodCash Flows (USD)
2025396.75M
2024641.63M
2023358.85M
2022624.64M
2021434.51M
202099.5M
2019206.42M
2018145.87M
201771.5M
2016257.65M
EPS (USD)
0510152016201720182019202020212022202320242025
NNI EPS (USD) by year
PeriodEPS (USD)
202511.74
20245.01
20232.4
202210.8
202110.2
20209.16
20193.53
20185.57
20174.14
20166.02
Expenses (USD)
0200M400M600M800MSG&ACapex2016201720182019202020212022202320242025
NNI Expenses (USD) by year
PeriodExpenses (USD)
2025511.77M
2024675.38M
2023665.59M
2022649M
2021566.08M
2020615.14M
2019556M
2018561.2M
2017457.89M
2016323.53M
Cash & Debt (USD)
010B20B30BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
NNI Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025973.55M
20241.18B
20231.11B
20221.51B
20211.06B
2020469.86M
2019186.61M
2018174.39M
2017143.73M
2016173.55M
Debt ratios
05101520182019202020212022202320242025
NNI Debt ratios by year
PeriodDebt ratios
20253.44
20243.76
20234.91
20225.61
20217.81
202010.18
201911.78
201811.59
Margins
0%25%50%75%100%2016201720182019202020212022202320242025
NNI Margins by year
PeriodMargins
202576.89%
202460.06%
202352.1%
202274.03%
202188.39%
202071.72%
201956.24%
201858.47%
201758.36%
201666.29%
Return on Capital
0%5%10%15%2016201720182019202020212022202320242025
NNI Return on Capital by year
PeriodReturn on Capital
202511.98%
20245.58%
20232.8%
202212.73%
202113.32%
202013.41%
20195.93%
20189.85%
20178%
201612.4%
Shares Outstanding
020M40M60M2016201720182019202020212022202320242025
NNI Shares Outstanding by year
PeriodShares Outstanding
202536.34M
202436.46M
202337.35M
202237.29M
202138.35M
202038.55M
201939.9M
201840.81M
201741.01M
201642.31M
Dividends (USD)
00.511.52017201820192020202120222023202420252026
NNI Dividends (USD) by year
PeriodDividends (USD)
20260.99
20251.19
20241.12
20231.06
20220.98
20210.9
20200.82
20190.74
20180.66
20170.58
Employee Count
02K4K6K8K2014201520162017201820192022202320242025
NNI Employee Count by year
PeriodEmployee Count
20255.74K
2024220
2023350
20223.03K
20196.6K
20186.2K
20174.3K
20163.7K
20153.4K
20143.1K
Book Value Per Share (USD)
02550751002016201720182019202020212022202320242025
NNI Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202598.43
202490.48
202385.67
202285.81
202176.99
202068.18
201959.93
201856.72
201752.8
201648.94
Total Assets (USD)
010B20B30B2016201720182019202020212022202320242025
NNI Total Assets (USD) by year
PeriodTotal Assets (USD)
202514.06B
202413.78B
202316.71B
202219.37B
202121.68B
202022.65B
201923.71B
201825.22B
201723.96B
201627.18B
PE Ratio
10203040med 14.39Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NNI PE Ratio by year
PeriodPE Ratio
Sep 2615.11
Sep 2615.18
Aug 2615.19
Aug 2615.15
Aug 2615.24
Aug 2615.67
Jul 2611.75
Jul 2611.54
Jul 2611.62
Jul 2611.55
Jul 2611.7
Jun 2611.63
Jun 2611.28
Jun 2611.27
Jun 2611.16
May 2611.3
May 2611.16
May 2610.85
May 2610.59
May 2612.01
Apr 2611.97
Apr 2611.82
Apr 2611.22
Apr 2610.98
Mar 2610.73
Mar 2610.74
Mar 2611.01
Mar 2611.09
Feb 2610.98
Feb 2610.92
Feb 2610.85
Feb 2611.06
Jan 2611.04
Jan 2610.96
Jan 2611.1
Jan 2611.73
Jan 2610.8
Dec 2511.36
Dec 2511.6
Dec 2511.13
Dec 2510.92
Nov 2510.82
Nov 2510.69
Nov 2510.81
Nov 2511.11
Oct 2514.29
Oct 2514.69
Oct 2514.32
Oct 2513.95
Oct 2514.35
Sep 2513.96
Sep 2514.07
Sep 2513.65
Sep 2514.26
Aug 2514.24
Aug 2514.42
Aug 2514.05
Aug 2513.6
Aug 2523.24
Jul 2523.56
Jul 2522.59
Jul 2522.99
Jul 2523.11
Jun 2522.73
Jun 2521.42
Jun 2521.23
Jun 2521.64
May 2521.94
May 2521.61
May 2522.37
May 2521.27
May 2521.42
Apr 2520.95
Apr 2520.76
Apr 2520.68
Apr 2520.36
Mar 2522.12
Mar 2522.13
Mar 2522.84
Mar 2523.43
Feb 2524.25
Feb 2536.61
Feb 2536.63
Feb 2536.11
Jan 2535.73
Jan 2535.92
Jan 2535.26
Jan 2533.38
Jan 2534.51
Dec 2434.44
Dec 2434.33
Dec 2435.01
Dec 2435.19
Nov 2435.32
Nov 2435
Nov 2435.46
Nov 2436.49
Nov 2427.11
Oct 2426.59
Oct 2427.09
Free Cash Flow Yield
7.5%10%12.5%15%17.5%med 10.55%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NNI Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 267.97%
Sep 267.93%
Aug 267.93%
Aug 267.95%
Aug 267.9%
Aug 267.68%
Jul 267.56%
Jul 267.7%
Jul 267.65%
Jul 267.69%
Jul 267.59%
Jun 267.64%
Jun 267.88%
Jun 267.88%
Jun 267.96%
May 267.87%
May 267.96%
May 268.19%
May 268.39%
May 267.71%
Apr 267.74%
Apr 267.83%
Apr 268.25%
Apr 268.43%
Mar 268.63%
Mar 268.62%
Mar 268.41%
Mar 268.35%
Feb 268.43%
Feb 269.81%
Feb 269.87%
Feb 269.68%
Jan 269.7%
Jan 269.77%
Jan 269.65%
Jan 269.13%
Jan 269.92%
Dec 259.42%
Dec 259.23%
Dec 259.62%
Dec 259.8%
Nov 259.9%
Nov 2510.01%
Nov 259.9%
Nov 259.64%
Oct 2510.54%
Oct 2510.25%
Oct 2510.52%
Oct 2510.8%
Oct 2510.49%
Sep 2510.79%
Sep 2510.7%
Sep 2511.04%
Sep 2510.56%
Aug 2510.58%
Aug 2510.44%
Aug 2510.72%
Aug 2511.08%
Aug 2512.05%
Jul 2511.89%
Jul 2512.4%
Jul 2512.18%
Jul 2512.12%
Jun 2512.32%
Jun 2513.08%
Jun 2513.19%
Jun 2512.94%
May 2512.77%
May 2512.96%
May 2512.52%
May 2513.17%
May 2516.28%
Apr 2516.64%
Apr 2516.79%
Apr 2516.86%
Apr 2517.12%
Mar 2515.76%
Mar 2515.75%
Mar 2515.27%
Mar 2514.88%
Feb 2514.38%
Feb 2512.21%
Feb 2512.2%
Feb 2512.37%
Jan 2512.51%
Jan 2512.44%
Jan 2512.67%
Jan 2513.39%
Jan 2512.95%
Dec 2412.98%
Dec 2413.02%
Dec 2412.76%
Dec 2412.7%
Nov 2412.65%
Nov 2412.77%
Nov 2412.6%
Nov 2412.25%
Nov 2412.15%
Oct 2412.39%
Oct 2412.16%
Price to Sales
22.22.42.6med 2.31Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NNI Price to Sales by year
PeriodPrice to Sales
Sep 262.46
Sep 262.47
Aug 262.47
Aug 262.46
Aug 262.48
Aug 262.55
Jul 262.29
Jul 262.25
Jul 262.27
Jul 262.25
Jul 262.28
Jun 262.27
Jun 262.2
Jun 262.2
Jun 262.18
May 262.2
May 262.18
May 262.12
May 262.07
May 262.48
Apr 262.47
Apr 262.44
Apr 262.31
Apr 262.26
Mar 262.21
Mar 262.22
Mar 262.27
Mar 262.29
Feb 262.26
Feb 262.36
Feb 262.34
Feb 262.39
Jan 262.39
Jan 262.37
Jan 262.4
Jan 262.53
Jan 262.33
Dec 252.46
Dec 252.51
Dec 252.41
Dec 252.36
Nov 252.34
Nov 252.31
Nov 252.34
Nov 252.4
Oct 252.42
Oct 252.49
Oct 252.42
Oct 252.36
Oct 252.43
Sep 252.36
Sep 252.38
Sep 252.31
Sep 252.41
Aug 252.41
Aug 252.44
Aug 252.38
Aug 252.3
Aug 252.51
Jul 252.54
Jul 252.44
Jul 252.48
Jul 252.49
Jun 252.45
Jun 252.31
Jun 252.29
Jun 252.34
May 252.37
May 252.33
May 252.42
May 252.3
May 252.14
Apr 252.1
Apr 252.08
Apr 252.07
Apr 252.04
Mar 252.21
Mar 252.21
Mar 252.28
Mar 252.34
Feb 252.42
Feb 252.24
Feb 252.24
Feb 252.21
Jan 252.19
Jan 252.2
Jan 252.16
Jan 252.04
Jan 252.11
Dec 242.11
Dec 242.1
Dec 242.14
Dec 242.15
Nov 242.16
Nov 242.14
Nov 242.17
Nov 242.23
Nov 242.22
Oct 242.18
Oct 242.22
EV/EBITDA
102030405060med 20.99Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NNI EV/EBITDA by year
PeriodEV/EBITDA
Sep 2619.14
Sep 2619.18
Aug 2619.19
Aug 2619.16
Aug 2619.22
Aug 2619.47
Jul 2615.85
Jul 2615.74
Jul 2615.78
Jul 2615.75
Jul 2615.83
Jun 2615.79
Jun 2615.6
Jun 2615.6
Jun 2615.54
May 2615.61
May 2615.54
May 2615.37
May 2615.24
May 2616.57
Apr 2616.54
Apr 2616.46
Apr 2616.1
Apr 2615.96
Mar 2615.81
Mar 2615.82
Mar 2615.98
Mar 2616.02
Feb 2615.96
Feb 2617.13
Feb 2617.08
Feb 2617.22
Jan 2617.21
Jan 2617.15
Jan 2617.24
Jan 2617.67
Jan 2617.05
Dec 2517.42
Dec 2517.58
Dec 2517.27
Dec 2517.13
Nov 2517.06
Nov 2516.98
Nov 2517.06
Nov 2517.25
Oct 2521.13
Oct 2521.38
Oct 2521.15
Oct 2520.92
Oct 2521.17
Sep 2520.93
Sep 2521
Sep 2520.74
Sep 2521.11
Aug 2521.1
Aug 2521.21
Aug 2520.98
Aug 2520.71
Aug 2532.8
Jul 2532.98
Jul 2532.46
Jul 2532.67
Jul 2532.73
Jun 2532.53
Jun 2531.83
Jun 2531.73
Jun 2531.95
May 2532.11
May 2531.93
May 2532.34
May 2531.76
May 2530.66
Apr 2530.43
Apr 2530.33
Apr 2530.29
Apr 2530.13
Mar 2531.02
Mar 2531.03
Mar 2531.39
Mar 2531.69
Feb 2532.11
Feb 2551.04
Feb 2551.05
Feb 2550.8
Jan 2550.61
Jan 2550.7
Jan 2550.39
Jan 2549.48
Jan 2550.02
Dec 2449.99
Dec 2449.94
Dec 2450.27
Dec 2450.36
Nov 2450.42
Nov 2450.26
Nov 2450.48
Nov 2450.98
Nov 2444.73
Oct 2444.45
Oct 2444.72
Price/Operating Cashflow
468101214med 9.59Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NNI Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2611.38
Sep 2611.44
Aug 2611.44
Aug 2611.41
Aug 2611.48
Aug 2611.81
Jul 2612.11
Jul 2611.88
Jul 2611.96
Jul 2611.89
Jul 2612.05
Jun 2611.98
Jun 2611.61
Jun 2611.61
Jun 2611.5
May 2611.63
May 2611.49
May 2611.17
May 2610.9
May 2612.17
Apr 2612.13
Apr 2611.98
Apr 2611.37
Apr 2611.12
Mar 2610.87
Mar 2610.88
Mar 2611.16
Mar 2611.24
Feb 2611.12
Feb 2610.17
Feb 2610.1
Feb 2610.3
Jan 2610.28
Jan 2610.2
Jan 2610.33
Jan 2610.92
Jan 2610.05
Dec 2510.58
Dec 2510.8
Dec 2510.37
Dec 2510.17
Nov 2510.07
Nov 259.96
Nov 2510.07
Nov 2510.34
Oct 259.6
Oct 259.87
Oct 259.62
Oct 259.37
Oct 259.64
Sep 259.38
Sep 259.45
Sep 259.17
Sep 259.58
Aug 259.57
Aug 259.69
Aug 259.44
Aug 259.14
Aug 258.28
Jul 258.4
Jul 258.05
Jul 258.19
Jul 258.23
Jun 258.1
Jun 257.63
Jun 257.57
Jun 257.71
May 257.82
May 257.7
May 257.97
May 257.58
May 255.95
Apr 255.82
Apr 255.77
Apr 255.74
Apr 255.66
Mar 256.14
Mar 256.15
Mar 256.34
Mar 256.51
Feb 256.74
Feb 257.32
Feb 257.33
Feb 257.22
Jan 257.15
Jan 257.18
Jan 257.05
Jan 256.68
Jan 256.9
Dec 246.89
Dec 246.87
Dec 247
Dec 247.04
Nov 247.06
Nov 247
Nov 247.09
Nov 247.3
Nov 247.23
Oct 247.09
Oct 247.22
Price to Book
1.11.21.31.41.5med 1.3Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NNI Price to Book by year
PeriodPrice to Book
Sep 261.26
Sep 261.26
Aug 261.26
Aug 261.26
Aug 261.27
Aug 261.3
Jul 261.36
Jul 261.33
Jul 261.34
Jul 261.34
Jul 261.35
Jun 261.34
Jun 261.3
Jun 261.3
Jun 261.29
May 261.31
May 261.29
May 261.25
May 261.22
May 261.44
Apr 261.43
Apr 261.42
Apr 261.34
Apr 261.32
Mar 261.29
Mar 261.29
Mar 261.32
Mar 261.33
Feb 261.32
Feb 261.32
Feb 261.31
Feb 261.34
Jan 261.34
Jan 261.33
Jan 261.34
Jan 261.42
Jan 261.31
Dec 251.37
Dec 251.4
Dec 251.35
Dec 251.32
Nov 251.31
Nov 251.29
Nov 251.31
Nov 251.34
Oct 251.35
Oct 251.39
Oct 251.35
Oct 251.32
Oct 251.36
Sep 251.32
Sep 251.33
Sep 251.29
Sep 251.35
Aug 251.35
Aug 251.36
Aug 251.33
Aug 251.29
Aug 251.34
Jul 251.35
Jul 251.3
Jul 251.32
Jul 251.33
Jun 251.31
Jun 251.23
Jun 251.22
Jun 251.24
May 251.26
May 251.24
May 251.29
May 251.22
May 251.19
Apr 251.17
Apr 251.16
Apr 251.15
Apr 251.14
Mar 251.23
Mar 251.23
Mar 251.27
Mar 251.31
Feb 251.35
Feb 251.28
Feb 251.28
Feb 251.26
Jan 251.25
Jan 251.26
Jan 251.23
Jan 251.17
Jan 251.21
Dec 241.21
Dec 241.2
Dec 241.23
Dec 241.23
Nov 241.24
Nov 241.22
Nov 241.24
Nov 241.28
Nov 241.3
Oct 241.27
Oct 241.3
Nelnet, Inc.
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News: NNI

Nelnet Accessibility Services Now on Civic Marketplace

prnewswire.com · 8 Sep 2026

Nelnet Accessibility Services Now on Civic Marketplace

State and local agencies can now access Nelnet's accessibility assessment, remediation, and compliance services through a cooperative contract that requires no new request for proposal (RFP) ahead of approaching Department of Justice (DOJ) Americans with Disabilities Act (ADA) Title II compliance deadlines. LINCOLN, Neb.

Head-To-Head Survey: Aiful (OTCMKTS:AIFLY) versus Nelnet (NYSE:NNI)

defenseworld.net · 2 Sep 2026

Head-To-Head Survey: Aiful (OTCMKTS:AIFLY) versus Nelnet (NYSE:NNI)

Nelnet (NYSE: NNI - Get Free Report) and Aiful (OTCMKTS:AIFLY - Get Free Report) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, profitability, earnings, dividends, valuation, risk and analyst recommendations. Earnings and Valuation This table compares Nelnet and Aiful"s revenue,

Nelnet Campus Commerce and PayPal launch Digital Wallet Payments for Higher Education Tuition

prnewswire.com · 19 Aug 2026

Nelnet Campus Commerce and PayPal launch Digital Wallet Payments for Higher Education Tuition

LINCOLN, Neb., Aug. 19, 2026 /PRNewswire/ -- Nelnet Campus Commerce, a division of Nelnet, Inc. (NYSE: NNI), announced a new integration with PayPal, marking the first time institutions on the Nelnet Campus Commerce platform can offer PayPal and Venmo as tuition payment options to students and families.

Nelnet Reports Second Quarter 2026 Results

prnewswire.com · 6 Aug 2026

Nelnet Reports Second Quarter 2026 Results

LINCOLN, Neb., Aug. 6, 2026 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $66.7 million, or $1.85 per share, for the second quarter of 2026, compared with GAAP net income of $181.5 million, or $4.97 per share, for the same period a year ago.

Nelnet to Announce Second Quarter Results

prnewswire.com · 17 Jul 2026

Nelnet to Announce Second Quarter Results

LINCOLN, Neb., July 17, 2026 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the second quarter ended June 30, 2026, after the close of the New York Stock Exchange on Thursday, August 6, 2026.

New Strong Sell Stocks for July 9th

zacks.com · 9 Jul 2026

New Strong Sell Stocks for July 9th

NNI, AA and ASBFY have been added to the Zacks Rank #5 (Strong Sell) List on July 9, 2026.

Nelnet Campus Commerce Announces Partnership with Atrium Campus to Expand the Connected Campus Experience

prnewswire.com · 7 Jul 2026

Nelnet Campus Commerce Announces Partnership with Atrium Campus to Expand the Connected Campus Experience

LINCOLN, Neb., July 7, 2026 /PRNewswire/ -- Nelnet Campus Commerce, a Nelnet company (NYSE: NNI) and a leading provider of payment technology for higher education, today announced a strategic partnership with Atrium Campus, the premier provider of cloud-native campus card and mobile credential management solutions.

Nelnet Bank Steps Up for Graduate Students Facing New Borrowing Challenges

prnewswire.com · 29 Jun 2026

Nelnet Bank Steps Up for Graduate Students Facing New Borrowing Challenges

As Grad PLUS loan changes approach July 1, Nelnet Bank offers clear, flexible financing options designed to help students move forward with confidence DRAPER, Utah, June 29, 2026 /PRNewswire/ -- With major federal student loan changes scheduled to take effect July 1, including the phaseout of Grad PLUS loans for new borrowers, many students and families are reassessing how they plan to pay for graduate school. As borrowers explore new financing options and prepare for upcoming enrollment and tuition deadlines, Nelnet Bank is ready to help with graduate student loan solutions built around clarity, flexibility, and support.

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