Nelnet, Inc. is a United States–based conglomerate that primarily focuses on financial services including student and consumer loan origination and servicing. Additionally, the company operates an investing arm, an internet bank and has a 26% stake in Allo Fiber, a cable and internet provider. The company is headquartered in Lincoln, Nebraska.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| NNI | NELNET INC | 2026-05-19 14:59:28 | 128.69 | 0.71 | 0.56 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NNI | 0001258602 | NELNET INC | US64031N1081 | 549300T6B0Q52I6OM558 | 840748903 | NYSE | 6141 | Personal Credit Institutions | 1231 | NE | 121 SOUTH 13TH ST | LINCOLN | NE | 68508 | UNITED STATES | US | 402-458-2370 | 121 SOUTH 13TH ST, LINCOLN, NE, 68508 | 121 SOUTH 13TH ST, LINCOLN, NE, 68508 | — | Financial services | 1996 | Jeff Noordhoek | — | https://nelnet.com/ | 1,970,647,108 | — | — | Nelnet, Inc. is a United States–based conglomerate that primarily focuses on financial services including student and consumer loan origination and servicing. Additionally, the company operates an investing arm, an internet bank and has a 26% stake in Allo Fiber, a cable and internet provider. The company is headquartered in Lincoln, Nebraska. | 2026-05-14 16:25:01 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 1,970,647,108 | 327,505,682 | 19.9317 | — | — | — |
| 2024 | 1,643,141,426 | 11,780,595 | 0.7221 | — | — | — |
| 2023 | 1,631,360,831 | 193,422,653 | 13.4514 | — | — | — |
| Fiscal Year | Employee Count |
|---|---|
| 2019 | 6,600 |
| 2018 | 6,200 |
| 2017 | 4,300 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 924,665,000 | 482,408,000 | 517,954,000 |
| Cost Of Revenue | 226,272,000 | 252,325,000 | 219,759,000 |
| Gross Profit | 698,393,000 | 230,083,000 | 298,195,000 |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 927,088,000 | 879,796,000 | 860,506,000 |
| Operating Income | 851,459,000 | 973,399,000 | 1,109,800,000 |
| Net Income | 428,474,000 | 184,045,000 | 91,532,000 |
| Earnings Per Share Basic | 11.79 | 5.02 | 2.45 |
| Earnings Per Share Diluted | 11.79 | 5.02 | 2.45 |
| Weighted Average Shares Outstanding Basic | 36,341,197 | 36,642,533 | 37,416,621 |
| Weighted Average Shares Outstanding Diluted | 36,341,197 | 36,642,533 | 37,416,621 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 14,100,000 | 30,500,000 | 7,000,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 193,453,000 | 159,934,000 | 196,200,000 |
| Inventories | — | — | — |
| Non Trade Receivables | 84,900,000 | 61,800,000 | 67,400,000 |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 75,532,000 | 95,185,000 | 127,008,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 14,063,783,000 | 13,777,753,000 | 16,736,645,000 |
| Accounts Payable | — | — | — |
| Deferred Revenue | — | — | — |
| Short Term Debt | 100,000 | 100,000 | 218,505,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 7,780,927,000 | 8,309,797,000 | 11,828,393,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 10,486,554,000 | 10,478,636,000 | 13,514,730,000 |
| Common Stock | 253,000 | 256,000 | 264,000 |
| Retained Earnings | 3,681,333,000 | 3,340,540,000 | 3,279,273,000 |
| Accumulated Other Comprehensive Income | 2,619,000 | 1,470,000 | -20,119,000 |
| Total Shareholders Equity | 3,685,792,000 | 3,349,762,000 | 3,262,621,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 33,571,000 | 58,116,000 | 79,118,000 |
| Share Based Compensation Expense | 13,274,000 | 12,045,000 | 16,476,000 |
| Other Non Cash Income Expense | -7,997,000 | — | — |
| Change In Accounts Receivable | 33,371,000 | -36,106,000 | 1,356,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | -40,674,000 | -220,938,000 | -47,217,000 |
| Change In Other Assets | -57,703,000 | -64,842,000 | -3,890,000 |
| Change In Accounts Payable | — | — | — |
| Change In Other Liabilities | 51,806,000 | 27,356,000 | 85,537,000 |
| Cash From Operating Activities | 422,985,000 | 662,890,000 | 432,975,000 |
| Purchases Of Marketable Securities | 552,861,000 | 603,552,000 | 581,522,000 |
| Sales Of Marketable Securities | 289,001,000 | 445,946,000 | 963,117,000 |
| Acquisition Of Property Plant And Equipment | 26,238,000 | 20,903,000 | 74,052,000 |
| Acquisition Of Business | — | 0 | 0 |
| Other Investing Activities | 44,581,000 | 128,583,000 | 60,707,000 |
| Cash From Investing Activities | 356,404,000 | 2,412,733,000 | 1,938,082,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 42,993,000 | 40,836,000 | 39,419,000 |
| Issuance Of Common Stock | 1,882,000 | 1,946,000 | 1,780,000 |
| Repurchase Of Common Stock | 69,346,000 | 83,290,000 | 28,028,000 |
| Issuance Of Long Term Debt | 1,393,200,000 | 30,652,000 | 761,182,000 |
| Repayment Of Long Term Debt | 2,615,918,000 | 3,644,658,000 | 3,606,160,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -737,138,000 | -3,169,657,000 | -2,703,198,000 |
| Change In Cash | 42,526,000 | -94,471,000 | -332,125,000 |
| Cash At End Of Period | 14,100,000 | 30,500,000 | 7,000,000 |
| Income Taxes Paid | 68,863,000 | 15,238,000 | 47,589,000 |
| Interest Paid | 472,257,000 | 651,471,000 | 781,307,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 11.79 | 5.02 | 2.45 |
| Price To Earnings Ratio | 11.2774 | 21.2769 | 36.0082 |
| Earnings Growth Rate | 134.8606 | 104.898 | -77.3777 |
| Price Earnings To Growth Ratio | 0.0836 | 0.2028 | -0.4654 |
| Book Value Per Share | 98.4345 | 90.0352 | 86.1092 |
| Price To Book Ratio | 1.3507 | 1.1863 | 1.0245 |
| Ebitda | 885,417,000 | 550,261,000 | 1,063,330,000 |
| Enterprise Value | 12,598,852,553.12 | 12,193,185,949.73 | 15,340,792,304.62 |
| Dividend Yield | 0.0089 | 0.0104 | 0.0119 |
| Dividend Payout Ratio | 0.1003 | 0.2219 | 0.4307 |
| Debt To Equity Ratio | 2.1111 | 2.4807 | 3.6924 |
| Capital Expenditures | 13,918,000 | 26,293,000 | 83,600,000 |
| Free Cash Flow | 409,067,000 | 636,597,000 | 349,375,000 |
| Return On Equity | 0.1163 | 0.0549 | 0.0281 |
| One Year Beta | 0.6884 | 0.7575 | 0.6991 |
| Three Year Beta | 0.7045 | 0.6124 | 0.6026 |
| Five Year Beta | 0.6407 | 0.7914 | 0.7886 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Kruger James D | Chief Financial Officer | 2026-04-30 | 5,000 | D | 5,000 |
| Munn William J | Secy/Chief Legal Off/Gen Coun | 2026-04-15 | 1,052 | D | 6,872 |
| Munn William J | Secy/Chief Legal Off/Gen Coun | 2026-04-15 | 1,052 | A | 12,155 |
| Peterson Adam K | See below | 2026-03-30 | 9,544 | A | 1,678,520 |
| Peterson Adam K | See below | 2026-03-30 | 9,544 | A | 0 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Edgestream Partners, L.P. | 2026-03-31 | 6,540,593 | 50,718 | 128.96 |
| JANUS HENDERSON GROUP PLC | 2026-03-31 | 774,362 | 6,007 | 128.9099 |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 2026-03-31 | 310,278 | 2,406 | 128.9601 |
| GOLDMAN SACHS GROUP INC | 2026-03-31 | 6,308,852 | 48,921 | 128.96 |
| Rockefeller Capital Management L.P. | 2026-03-31 | 57,645 | 447 | 128.9597 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| RUSSELL INVESTMENT FUNDS | 2026-03-31 | U.S. Small Cap Equity Fund | RIFBX | 268 | 34,561.28 | 0.0166 |
| Global X Funds | 2026-02-28 | Global X Millennial Consumer ETF | MILN | 2,660 | 344,363.6 | 0.3368 |
| AMERICAN CENTURY ETF TRUST | 2026-02-28 | Avantis U.S. Small Cap Equity ETF | AVSC | 4,196 | 543,214.16 | 0.0226 |
| AMERICAN CENTURY ETF TRUST | 2026-02-28 | Avantis U.S. Equity ETF | AVUS | 6,919 | 895,733.74 | 0.0079 |
| AMERICAN CENTURY ETF TRUST | 2026-02-28 | Avantis U.S. Small Cap Value ETF | AVUV | 275,553 | 35,673,091.38 | 0.1516 |