Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 1.95B | 1.85B | 1.81B | 1.82B | 1.42B | 1.04B |
Gross Profit | 1.31B | 1.11B | 961.15M | 1.51B | 1.25B | 1.11B |
EBITDA | 646.28M | 361.11M | 214.11M | 1.01B | 775.12M | 923.98M |
Net Income | 329.57M | 184.04M | 89.83M | 407.35M | 393.29M | 352.44M |
Balance Sheet | ||||||
Total Assets | 13.71B | 13.78B | 16.74B | 19.37B | 21.68B | 22.65B |
Cash, Cash Equivalents and Short-Term Investments | 1.31B | 1.18B | 1.03B | 2.14B | 2.64B | 1.46B |
Total Debt | 7.90B | 8.31B | 11.62B | 14.64B | 17.63B | 19.32B |
Total Liabilities | 10.23B | 10.48B | 13.51B | 16.17B | 18.73B | 20.02B |
Stockholders Equity | 3.57B | 3.35B | 3.26B | 3.20B | 2.95B | 2.63B |
Cash Flow | ||||||
Free Cash Flow | 52.29M | 641.99M | 358.92M | 624.64M | 485.92M | 99.50M |
Operating Cash Flow | 490.50M | 662.89M | 432.98M | 684.06M | 544.87M | 212.81M |
Investing Cash Flow | 1.30B | 2.41B | 1.94B | 2.27B | 1.19B | 621.22M |
Financing Cash Flow | -1.93B | -3.17B | -2.70B | -2.79B | -1.43B | -1.23B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | $2.87B | 12.17 | 21.56% | ― | 23.42% | 59.17% | |
76 Outperform | $7.27B | 10.88 | 20.47% | 6.80% | 9.41% | 13.98% | |
74 Outperform | $4.68B | 14.56 | 9.42% | 0.87% | 6.46% | 116.26% | |
72 Outperform | $2.73B | 3.28 | 135.32% | 10.96% | -3.83% | 62.05% | |
68 Neutral | $17.69B | 11.82 | 10.30% | 3.73% | 9.66% | 0.42% | |
61 Neutral | $6.64B | 15.91 | 18.99% | 1.57% | -4.34% | -38.01% | |
49 Neutral | $6.63B | ― | -0.96% | ― | 60.62% | 96.91% |
Nelnet, Inc. has an equity investment in a third-party technology company. On August 11, 2025, this investee completed an equity raise, allowing Nelnet to redeem part of its investment for $10 million, recognizing an $8 million pre-tax gain. Additionally, due to the investee’s equity raise, Nelnet expects to recognize a further $22 million pre-tax gain in the third quarter of 2025, adjusting the carrying value of its remaining investment to reflect the new transaction value. This transaction leaves Nelnet with a remaining investment carrying amount of approximately $32 million.
On July 29, 2025, Nelnet Bank, a subsidiary of Nelnet, Inc., filed its quarterly Consolidated Reports of Condition and Income for the period ending June 30, 2025, with the FDIC. This filing, known as the Call Report, is a regulatory requirement for banks with domestic offices and total assets under $5 billion, reflecting Nelnet Bank’s compliance with federal regulations.
On June 4, 2025, Nelnet, Inc., a company involved in financial services, received $411 million from redeeming certain membership interests in ALLO Holdings LLC. This transaction resulted in a pre-tax gain of $175 million for Nelnet. Following the redemption, Nelnet’s ownership in ALLO decreased from 45% to 27%, and the company no longer holds any preferred membership interests in ALLO.
Nelnet, Inc. held its 2025 annual meeting of shareholders on May 15, 2025, where several key proposals were voted on. Shareholders elected three Class II directors, ratified KPMG LLP as the independent public accounting firm for 2025, and approved executive compensation. These decisions reflect the company’s ongoing governance and operational strategies, potentially impacting its market positioning and stakeholder relations.