Nelnet Inc.
NNI | NYSE
$127
+$0.93 (+0.74%)
Sep 21, 2026, 12:38 PM ET · Market open
Market Data
Market Cap $4.53B
Enterprise Value $4.48B
Beta 0.76
Average Volume 134.59K
Shares Outstanding (Diluted) 36.04M
Shares Change YoY -1.23%
Institutional Ownership 32.30%
Exchange NYSE
ISIN US64031N1081
Price Performance
Price Change 1M 1.3%
Price Change 3M -2.8%
Price Change 6M -2.1%
Price Change YTD -2.3%
Price Change 1Y -1.8%
Price Change 3Y 40.2%
Price Change 5Y 58.7%
1M CAGR (ann.) -6.3%
1Y CAGR (ann.) 1.7%
5Y CAGR (ann.) 10.7%
All-Time CAGR 9.2%
Valuation
PE Ratio 15.13
Forward PE 14.50
PEG Ratio -1.95
Forward PEG 1.04
PS Ratio 2.62
Forward PS 2.60
PB Ratio 1.20
P/FCF Ratio 10.64
P/Adj. FCF Ratio 10.87
P/OCF Ratio 11.33
EV/Sales 2.59
EV/EBIT 9.22
EV/EBITDA 6.53
EV/FCF 10.53
Earnings Yield 6.6%
FCF Yield 9.4%
Adj. FCF Yield 9.2%
Financial Health
Net Cash $46.78M
Total Debt $0
Cash & Short-Term Investments $46.78M
Total Assets $14.28B
Current Ratio 0.74
Quick Ratio 0.74
Debt / Equity Ratio 1.87
Debt / EBITDA 0.00
Debt / FCF 0.00
OCF / Debt N/A
Interest Coverage 1.23
Altman Z-Score 0.78
Piotroski F-Score 6
Margins & Profitability
Gross Profit Margin 82.7%
Operating Profit Margin 31.1%
EBITDA Margin 28.3%
Net Profit Margin 16.3%
FCF Margin 24.6%
Adj. FCF Margin 24.1%
SBC / Revenue 0.5%
SBC Impact (per share) -2.1%
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 -2.8%
Revenue CAGR 5Y 6.0%
Revenue CAGR 10Y 5.0%
EPS CAGR 3Y 18.0%
EPS CAGR 5Y -9.0%
EPS CAGR 10Y 6.0%
FCF CAGR 3Y 8.1%
FCF CAGR 5Y 0.7%
FCF CAGR 10Y 2.3%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 1
EPS Growth Next 3Y N/A
Revenue Growth Next 3Y N/A
Earnings Date N/A
EPS Estimate (next Q) N/A
EPS Growth Est (next Q) N/A
Revenue Est (next Q) N/A
Revenue Growth Est (next Q) N/A
Fair Value Estimates
Graham Number $137.50
Graham Upside 9.1%
Lynch Fair Value $41.65
Lynch Upside -67.0%
Price Target $140
Price Target Upside 11.0%
Cash Flow
Operating Cash Flow $474.18M
Free Cash Flow $425.59M
Adj. Free Cash Flow $416.72M
FCF Per Share $10.10
OCF Per Share $11.13
OCF/S Ratio 21.6%
Income Statement
Revenue $1.73B
Gross Profit $1.26B
Operating Income $538.27M
EBITDA $686.5M
Net Income $302.24M
EPS (Diluted) $8.33
Revenue / Employee $301.01K
Profit / Employee $52.62K
Employees 5,744
Dividends
Annual Dividend $1.32
Dividend Yield 1.05%
Payout Ratio 15.8%
FCF Payout Ratio 13.7%
Adj. FCF Payout Ratio 14.0%
Dividend Growth (YoY) 15.8%
Pay Frequency Quarterly
Ex-Dividend Date Aug 31, 2026
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