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Friday 6 November 2026 Export NNI’s income statement to Excel — free account

Nelnet, Inc.

NNI Financial Credit Services

Nelnet, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 5.49% from fiscal 2024.

Revenue
−23.0%
EPS
−27.6%
Free cash flow
+575.6%
Total debt
−13.5%

Quarter to September 2026, against a year earlier

128.59 1.58 +1.24%
Market cap
$4.5B
P/E
16.8×
Fwd P/E
16.5×
Dividend yield
1.04%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Nelnet, Inc. (NNI) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Nelnet, Inc. (NNI) trades at a P/E ratio of 16.8×. Over the past ten years it has ranged from 4.9× (January 2016) to 41.1× (November 2024); the current reading is higher than 74% of that period. That is above the Credit Services industry median of 9.0× and above the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 11.3× (47.12%)
FY2024 21.4× (40.70%)
FY2023 36.0× 332.58%
FY2022 8.3× (13.04%)
FY2021 9.6× 23.13%
FY2020 7.8× (52.86%)
FY2019 16.5× 75.58%
FY2018 9.4× (28.85%)
FY2017 13.2× 54.30%
FY2016 8.6× 50.19%

Quarterly newest first

Period P/E ratio Change
Jun 2026 15.9× 41.97%
Mar 2026 11.2× (0.56%)
Dec 2025 11.3× 7.22%
Sep 2025 10.5× (21.45%)
42 more quarters

Against its own ten years

Low 4.9× High 41.1×
Ten-year median 9.9×
Current reading's percentile 71

P/E ratio against peers

Company P/E ratio
KLAR Klarna Group plc compare n/m
SLM SLM Corporation compare 6.3×
BFH Bread Financial Holdings, Inc. compare 8.0×
OMF OneMain Holdings, Inc. compare 8.7×
ENVA Enova International, Inc. compare 11.3×
CACC Credit Acceptance Corporation compare 16.7×
NNI Nelnet, Inc. 16.8×
FCFS FirstCash Holdings, Inc. compare 20.4×
SEZL Sezzle Inc. compare 28.6×
Credit Services industry median 9.0×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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