Nelnet, Inc. is a United States–based conglomerate that primary focused 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 | 2025-10-28 15:29:04 | 130.24 | 0 | 0 |
| 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/ | 1,643,141,426 | — | — | Nelnet, Inc. is a United States–based conglomerate that primary focused 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. | 2025-10-23 13:22:12 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 1,643,141,426 | 11,780,595 | 0.7221 | — | — | — |
| 2023 | 1,631,360,831 | 193,422,653 | 13.4514 | — | — | — |
| 2022 | 1,437,938,178 | -30,891,311 | -2.1031 | — | — | — |
| Fiscal Year | Employee Count |
|---|---|
| 2019 | 6,600 |
| 2018 | 6,200 |
| 2017 | 4,300 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 482,408,000 | 517,954,000 | 535,459,000 |
| Cost Of Revenue | 252,325,000 | 219,759,000 | 168,374,000 |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 879,796,000 | 860,506,000 | 834,434,000 |
| Operating Income | — | — | — |
| Net Income | 184,045,000 | 91,532,000 | 407,347,000 |
| Earnings Per Share Basic | 5.02 | 2.45 | 10.83 |
| Earnings Per Share Diluted | 5.02 | 2.45 | 10.83 |
| Weighted Average Shares Outstanding Basic | 36,642,533 | 37,416,621 | 37,603,033 |
| Weighted Average Shares Outstanding Diluted | 36,642,533 | 37,416,621 | 37,603,033 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 30,500,000 | 7,000,000 | 5,200,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 159,934,000 | 196,200,000 | 194,851,000 |
| Inventories | — | — | — |
| Non Trade Receivables | 61,800,000 | 67,400,000 | — |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 95,185,000 | 127,008,000 | 122,526,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 13,777,753,000 | 16,736,645,000 | 19,374,044,000 |
| Accounts Payable | — | — | — |
| Deferred Revenue | — | — | — |
| Short Term Debt | 100,000 | 218,505,000 | 885,772,000 |
| Other Liabilities Current | — | — | 5,200,000 |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 8,309,797,000 | 11,828,393,000 | 14,637,195,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 10,478,636,000 | 13,514,730,000 | 16,174,142,000 |
| Common Stock | 256,000 | 264,000 | 265,000 |
| Retained Earnings | 3,340,540,000 | 3,279,273,000 | 3,234,844,000 |
| Accumulated Other Comprehensive Income | 1,470,000 | -20,119,000 | -37,366,000 |
| Total Shareholders Equity | 3,349,762,000 | 3,262,621,000 | 3,198,959,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 58,116,000 | 79,118,000 | 74,077,000 |
| Share Based Compensation Expense | 12,045,000 | 16,476,000 | 14,176,000 |
| Other Non Cash Income Expense | — | — | -723,000 |
| Change In Accounts Receivable | -36,106,000 | 1,356,000 | 26,358,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | -220,938,000 | -47,217,000 | 38,500,000 |
| Change In Other Assets | -64,842,000 | -3,890,000 | 11,275,000 |
| Change In Accounts Payable | — | — | — |
| Change In Other Liabilities | 27,356,000 | 85,537,000 | 40,001,000 |
| Cash From Operating Activities | 662,890,000 | 432,975,000 | 684,059,000 |
| Purchases Of Marketable Securities | 603,552,000 | 581,522,000 | 1,029,438,000 |
| Sales Of Marketable Securities | 445,946,000 | 963,117,000 | 511,124,000 |
| Acquisition Of Property Plant And Equipment | 20,903,000 | 74,052,000 | 59,421,000 |
| Acquisition Of Business | 0 | 0 | 34,036,000 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | 2,412,733,000 | 1,938,082,000 | 2,272,027,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 40,836,000 | 39,419,000 | 36,608,000 |
| Issuance Of Common Stock | 1,946,000 | 1,780,000 | 1,633,000 |
| Repurchase Of Common Stock | 83,290,000 | 28,028,000 | 97,685,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -3,169,657,000 | -2,703,198,000 | -2,792,499,000 |
| Change In Cash | -94,471,000 | -332,125,000 | 163,427,000 |
| Cash At End Of Period | 30,500,000 | 7,000,000 | 5,200,000 |
| Income Taxes Paid | 15,238,000 | 47,589,000 | 57,705,000 |
| Interest Paid | 651,471,000 | 781,307,000 | 350,662,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 5.02 | 2.45 | 10.83 |
| Price To Earnings Ratio | 21.2769 | 36.0082 | 8.3795 |
| Earnings Growth Rate | 104.898 | -77.3777 | 6.1765 |
| Price Earnings To Growth Ratio | 0.2028 | -0.4654 | 1.3567 |
| Book Value Per Share | 90.0352 | 86.1092 | 85.0969 |
| Price To Book Ratio | 1.1863 | 1.0245 | 1.0664 |
| Ebitda | 550,261,000 | 1,063,330,000 | 969,266,000 |
| Enterprise Value | 12,193,185,949.73 | 15,340,792,304.62 | 18,930,242,244.75 |
| Dividend Yield | 0.0104 | 0.0119 | 0.0107 |
| Dividend Payout Ratio | 0.2219 | 0.4307 | 0.0899 |
| Debt To Equity Ratio | 2.4807 | 3.6924 | 4.8525 |
| Capital Expenditures | 26,293,000 | 83,600,000 | 77,190,000 |
| Free Cash Flow | 636,597,000 | 349,375,000 | 606,869,000 |
| Return On Equity | 0.0549 | 0.0281 | 0.1273 |
| One Year Beta | 0.7575 | 0.6991 | 0.5519 |
| Three Year Beta | 0.6124 | 0.6026 | 0.8044 |
| Five Year Beta | 0.7914 | 0.7886 | 0.775 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| HENNING THOMAS EDWARD | Director | 2025-09-05 | 5,094 | D | 11,058 |
| HENNING THOMAS EDWARD | Director | 2025-09-05 | 3,102 | D | 0 |
| Butterfield Shelby J | Former 10% Owner | 2025-08-25 | 41,929 | D | 178,953 |
| Butterfield Shelby J | Former 10% Owner | 2025-08-25 | 41,929 | A | 42,439 |
| Butterfield Shelby J | Former 10% Owner | 2025-08-25 | 41,929 | D | 510 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| QRG CAPITAL MANAGEMENT, INC. | 2025-09-30 | 824,642 | 6,577 | 125.3827 |
| Versant Capital Management, Inc | 2025-09-30 | 30,342 | 242 | 125.3802 |
| Concurrent Investment Advisors, LLC | 2025-09-30 | 257,079 | 2,050 | 125.4044 |
| Pinnacle Bancorp, Inc. | 2025-09-30 | 31,345 | 250 | 125.38 |
| Hemington Wealth Management | 2025-09-30 | 18,000 | 149 | 120.8054 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Fidelity Rutland Square Trust II | 2025-08-31 | Strategic Advisers U.S. Total Stock Fund | FSAKX | 1,497 | 192,529.17 | 0.0002 |
| FIDELITY CONCORD STREET TRUST | 2025-08-31 | Fidelity Series Total Market Index Fund | FCFMX | 24,915 | 3,204,318.15 | 0.0037 |
| FIDELITY CONCORD STREET TRUST | 2025-08-31 | Fidelity Total Market Index Fund | FSKAX | 32,427 | 4,170,436.47 | 0.0036 |
| FIDELITY CONCORD STREET TRUST | 2025-08-31 | Fidelity Extended Market Index Fund | FSMAX | 94,030 | 12,093,198.3 | 0.0295 |
| VANGUARD SCOTTSDALE FUNDS | 2025-08-31 | ETF Shares | VTWO | 65,078 | 8,369,681.58 | 0.065 |