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

130.22 3.21 +2.53%
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 equity

Alert me on Return on equity

Nelnet, Inc.'s return on equity over the twelve months to 30 September 2026 was 7.55%, down 4.9 percentage points from fiscal 2025 (12.5%). Over the past ten years it has ranged from 2.81% (fiscal 2023) to 14.8% (fiscal 2015); the current reading is higher than 55% of that period. That is below the Credit Services industry median of 9.05% and below the Financial sector median of 9.01%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 12.5% 6.80
FY2024 5.66% 2.85
FY2023 2.81% (10.42)
FY2022 13.2% (0.86)
FY2021 14.1% 0.05
FY2020 14.0% 8.01
FY2019 6.03% (4.14)
FY2018 10.2% 1.99
FY2017 8.18% (4.78)
FY2016 13.0% (1.85)

Against its own ten years

Low 2.81% High 14.8%
Ten-year median 12.5%
Current reading's percentile 55

Return on equity against peers

Company Return on equity
SEZL Sezzle Inc. compare 84.3%
SLM SLM Corporation compare 27.0%
ENVA Enova International, Inc. compare 26.8%
CACC Credit Acceptance Corporation compare 22.7%
OMF OneMain Holdings, Inc. compare 22.7%
FCFS FirstCash Holdings, Inc. compare 18.2%
BFH Bread Financial Holdings, Inc. compare 15.6%
NNI Nelnet, Inc. 7.55%
KLAR Klarna Group plc compare −5.67%
Credit Services industry median 9.05%
Financial sector median 9.01%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

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

The full definition of Return on equity →

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