Nelnet Inc.
NNI | NYSE
$123.50
+$1.03 (+0.84%)
Nov 2, 2026, 10:30 AM ET · Market open
Market Data
Market Cap $4.42B
Enterprise Value $9.87B
Beta 0.77
Average Volume 134.39K
Shares Outstanding (Diluted) 36.04M
Shares Change YoY -1.23%
Institutional Ownership 33.18%
Exchange NYSE
ISIN US64031N1081
Price Performance
Price Change 1M -0.3%
Price Change 3M -10.7%
Price Change 6M -12.4%
Price Change YTD -7.1%
Price Change 1Y -4.1%
Price Change 3Y 39.8%
Price Change 5Y 48.1%
1M CAGR (ann.) -2.9%
1Y CAGR (ann.) -3.5%
5Y CAGR (ann.) 9.0%
All-Time CAGR 13.7%
Valuation
PE Ratio 14.70
Forward PE 14.19
PEG Ratio -1.90
Forward PEG 2.17
PS Ratio 2.36
Forward PS 2.50
PB Ratio 1.16
P/FCF Ratio 12.04
P/Adj. FCF Ratio 12.34
P/OCF Ratio 11.00
EV/Sales 5.31
EV/EBIT 20.53
EV/EBITDA 18.79
EV/FCF 27.11
Earnings Yield 6.8%
FCF Yield 8.3%
Adj. FCF Yield 8.1%
Financial Health
Net Debt $5.49B
Total Debt $7.04B
Cash & Short-Term Investments $1.56B
Total Assets $14.28B
Current Ratio 0.74
Quick Ratio 0.74
Debt / Equity Ratio 1.87
Debt / EBITDA 13.41
Debt / FCF 19.35
OCF / Debt 0.06
Interest Coverage 1.23
Altman Z-Score 0.78
Piotroski F-Score 7
Margins & Profitability
Gross Profit Margin 82.7%
Operating Profit Margin 30.4%
EBITDA Margin 30.2%
Net Profit Margin 16.3%
FCF Margin 19.6%
Adj. FCF Margin 19.1%
SBC / Revenue 0.5%
SBC Impact (per share) -2.4%
Returns
Return on Assets 2.1%
Return on Equity 8.2%
Return on Invested Capital 3.5%
Return on Capital Employed 5.2%
Return on Tangible Assets 2.2%
Historical Growth (CAGR)
Revenue CAGR 3Y -0.4%
Revenue CAGR 5Y 7.5%
Revenue CAGR 10Y 5.8%
EPS CAGR 3Y 18.0%
EPS CAGR 5Y -9.0%
EPS CAGR 10Y 6.0%
FCF CAGR 3Y 2.6%
FCF CAGR 5Y -2.4%
FCF CAGR 10Y 0.8%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 1
EPS Growth Next 3Y N/A
Revenue Growth Next 3Y N/A
Earnings Date Nov 5, 2026
EPS Estimate (next Q) $1.83
EPS Growth Est (next Q) -38.0%
Revenue Est (next Q) $427.37M
Revenue Growth Est (next Q) -13.6%
Fair Value Estimates
Graham Number $137.50
Graham Upside 12.3%
Lynch Fair Value $41.65
Lynch Upside -66.0%
Price Target $125.00
Price Target Upside 2.1%
Cash Flow
Operating Cash Flow $401.07M
Free Cash Flow $364.03M
Adj. Free Cash Flow $355.16M
FCF Per Share $10.10
OCF Per Share $11.13
OCF/S Ratio 21.6%
Income Statement
Revenue $1.86B
Gross Profit $1.54B
Operating Income $563.79M
EBITDA $525.2M
Net Income $302.24M
EPS (Diluted) $8.33
Revenue / Employee $323.42K
Profit / Employee $52.62K
Employees 5,744
Dividends
Annual Dividend $1.32
Dividend Yield 1.08%
Payout Ratio 15.8%
FCF Payout Ratio 12.7%
Adj. FCF Payout Ratio 13.0%
Dividend Growth (YoY) 15.8%
Pay Frequency Quarterly
Ex-Dividend Date Sep 1, 2026
Add to Watchlist
Select watchlists to add or remove NNI