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

130.90 3.89 +3.06%
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

Nelnet, Inc. (NNI) Return on assets

Alert me on Return on assets

Nelnet, Inc.'s return on assets over the twelve months to 30 September 2026 was 1.94%, down 1.1 percentage points from fiscal 2025 (3.08%). Over the past ten years it has ranged from 0.50% (fiscal 2023) to 3.08% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Credit Services industry median of 1.94% and above the Financial sector median of 1.15%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 3.08% 1.87
FY2024 1.21% 0.71
FY2023 0.50% (1.48)
FY2022 1.98% 0.21
FY2021 1.77% 0.25
FY2020 1.52% 0.94
FY2019 0.58% (0.35)
FY2018 0.93% 0.25
FY2017 0.68% (0.21)
FY2016 0.89% 0.00

Against its own ten years

Low 0.50% High 3.08%
Ten-year median 0.93%
Current reading's percentile 100

Return on assets against peers

Company Return on assets
SEZL Sezzle Inc. compare 43.0%
FCFS FirstCash Holdings, Inc. compare 7.57%
ENVA Enova International, Inc. compare 5.60%
CACC Credit Acceptance Corporation compare 3.85%
OMF OneMain Holdings, Inc. compare 2.75%
BFH Bread Financial Holdings, Inc. compare 2.34%
NNI Nelnet, Inc. 1.94%
SLM SLM Corporation compare 1.86%
KLAR Klarna Group plc compare −0.77%
Credit Services industry median 1.94%
Financial sector median 1.15%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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