Stock Fundamentals

Company Information

Company Name
Nelnet Inc
Sector
Financial Services
Industry
Credit Services
Exchange
NYSE
ISIN: US64031N1081
CIK: 0001258602
CUSIP: 64031N108
Currency: USD
Full Time Employees: 5,744
Phone: 402 458 2370
Fiscal Year End: December
IPO Date: Dec 11, 2003
Description:

Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing software; and business process outsourcing services primarily in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels, and processing and administrative services. The Education Technology Services and Payments segment provides financial management services; school information system software; a donation platform; education technology solutions; and customized professional development and coaching, and advanced learning and educational instruction services. This segment also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; learning management system; an integrated commerce payment platform; and a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. The Asset Generation and Management segment invest, allocates an manages loan assts. The Nelnet Bank segment operates as an internet industrial bank. It also offers investment advisory, investment, and reinsurance services, as well as engages in the real estate investment; and solar engineering, procurement, and construction businesses. The company was founded in 1977 and is headquartered in Lincoln, Nebraska.

Address:

121 South 13th Street, Lincoln, NE, United States, 68508

Directors & Officers

Name Title Year Born
Mr. Michael Sullivan Dunlap J.D. Executive Chairman of the Board 1963
Mr. Jeffrey R. Noordhoek Chief Executive Officer 1966
Mr. James D. Kruger CPA Chief Financial Officer 1963
Mr. Terry J. Heimes Chief Operating Officer 1964
Mr. Matthew W. Dunlap Chief Business Development Officer, President of Nelnet Financial Services & Director 1989
Ms. Deeann K. Wenger President of Nelnet Business Services 1971
Mr. Phil Morgan Director of Investor Relations NA
Mr. William J. Munn J.D. Corporate Secretary, Chief Governance Officer & General Counsel 1968
Ms. Emily R. Olinger Chief People Services Officer 1983
Ms. Jackie Strohbehn President of Nelnet Campus Commerce NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Dec 09, 2025 Deun Jona M Van N/A Sale 400.00 $128.95 $51.58K
Sep 05, 2025 Thomas Edward Henning N/A Sale 5.09K $128.87 $656.46K
Sep 05, 2025 Thomas Edward Henning N/A Sale 3.10K $128.87 $399.75K
Aug 25, 2025 Shelby J Butterfield N/A Sale 41.93K $119.25 $5.00M

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Dimensional Fund Advisors, Inc. 1.85M Mar 31, 2026 5.14% $0.05 -0.07%
Magnolia Group, LLC 1.67M Mar 31, 2026 4.64% $40.04 0.00%
Vanguard Group Inc 1.32M Dec 31, 2025 3.67% $0.00 -14.78%
Farmenrs & Merchants Investments Inc 1.18M Mar 31, 2026 3.30% $4.21 0.00%
BlackRock Inc 978.03K Mar 31, 2026 2.72% $0.00 5.72%
Vanguard Portfolio Management, LLC 679.40K Mar 31, 2026 1.89% $0.00 0.00%
Vanguard Capital Management, LLC 577.94K Mar 31, 2026 1.61% $0.00 0.00%
Geode Capital Management, LLC 346.69K Mar 31, 2026 0.96% $0.00 10.12%
American Century Companies Inc 335.70K Mar 31, 2026 0.93% $0.02 27.03%
State Street Corp 314.98K Mar 31, 2026 0.88% $0.00 5.60%
General American Investors Co Inc 234.03K Mar 31, 2026 0.65% $1.98 -3.86%
Qvt Financial LP 231.41K Mar 31, 2026 0.64% $2.19 0.76%
Empyrean Capital Partners, LP 231.00K Mar 31, 2026 0.64% $0.97 0.00%
Bragg Financial Advisors Inc 226.78K Mar 31, 2026 0.63% $0.93 6.66%
Northern Trust Corp 173.41K Mar 31, 2026 0.48% $0.00 7.85%
Charles Schwab Investment Management Inc 162.09K Mar 31, 2026 0.45% $0.00 4.73%
JPMorgan Chase & Co 133.94K Mar 31, 2026 0.37% $0.00 -26.22%
Qube Research & Technologies 108.75K Mar 31, 2026 0.30% $0.02 41.58%
Charter Trust Co 108.71K Mar 31, 2026 0.30% $0.82 -1.37%
Sycale Advisors (NY) LLC 100.48K Mar 31, 2026 0.28% $6.46 -34.09%

Shares Statistics

Shares Outstanding: 25.32M
Shares Float: 16.32M
% Insiders: 3,070.20%
% Institutions: 4,765.70%
Short % Float: 3.81%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 DFA US Small Cap Value I 539.61K 1.50% ▲ 0.00% Apr 30, 2026
2 Vanguard Total Stock Mkt Idx Inv 402.80K 1.12% ▲ 0.58% Apr 30, 2026
3 Avantis US Small Cap Value ETF 330.88K 0.92% ▲ 0.13% May 30, 2026
4 iShares Russell 2000 ETF 312.19K 0.87% ▲ 0.92% May 29, 2026
5 Vanguard Small Cap Index 291.08K 0.81% ▼ 0.08% Apr 30, 2026
6 General American Investors 243.42K 0.68% ▼ 30.45% Dec 31, 2025
7 DFA US Targeted Value I 236.09K 0.66% ▲ 0.00% Apr 30, 2026
8 DFA US Small Cap I 218.48K 0.61% ▲ 0.00% Apr 30, 2026
9 FPA Queens Road Small Cap Value Inv 213.04K 0.59% ▲ 6.21% Mar 31, 2026
10 Vanguard Small Cap Value Index Inv 186.49K 0.52% ▲ 0.52% Apr 30, 2026

Valuation Metrics

Enterprise Value: $12.13B
Trailing P/E: 11.61
Forward P/E: 15.75

Financial Highlights

Market Cap: $4.80B
P/E Ratio: $11.61
PEG Ratio: $0.46
Book Value: $103.79
Dividend/Share: $1.24
Dividend Yield: 0.94%
Earnings/Share: $11.50
Profit Margin: 25.34%
Operating Margin: 21.42%
ROA (TTM): 2.63%
ROE (TTM): 10.70%
Revenue (TTM): $1.65B
Revenue/Share (TTM): $45.42
Earnings Growth (YOY): -12.90%
Revenue Growth (YOY): -7.10%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 382.15x 1.85x 0.75x 2.30x 6.44x
2024-12-31 0.64x 2.48x 0.76x 0.34x 23.01x
2023-12-31 0.56x 3.64x 0.81x 0.08x 55.24x
2022-12-31 1.19x 9.15x 0.83x 1.17x 43.17x
2021-12-31 22.22x 5.84x 0.86x 2.85x 27.20x
2020-12-31 2.70x 7.56x 0.88x 1.36x 30.62x
2019-12-31 1.32x 8.96x 0.90x 0.25x 57.99x
2018-12-31 0.26x 10.02x 0.91x 0.43x 49.27x
2017-12-31 0.26x 0.16x 0.91x 0.49x 0.97x
2016-12-31 0.25x 0.85x 0.92x 1.03x 3.37x
2015-12-31 2.06x 1.17x 0.94x 1.39x 4.06x
2014-12-31 2.61x 0.74x 0.94x 1.72x 2.21x
2013-12-31 2.13x 1.01x 0.95x 2.02x 2.68x
2012-12-31 2.56x 1.44x 0.96x 1.02x 4.29x
2011-12-31 1.93x 0.05x 0.96x 1.41x 0.12x
2010-12-31 2.29x 27.21x 0.96x 1.30x 61.15x
2009-12-31 2.33x 31.62x 0.97x 0.56x 74.77x
2008-12-31 2.45x 44.85x 0.98x 0.04x 154.82x
2007-12-31 0.20x 46.04x 0.98x 0.04x 88.00x
2006-12-31 0.18x 37.88x 0.97x 0.08x 94.41x
2005-12-31 0.18x 34.36x 0.97x 0.45x 58.06x
2004-12-31 37.49x 31.35x 0.97x 0.92x 43.19x
2003-12-31 24.00x 35.25x 0.97x 0.24x 72.87x
2002-12-31 11.46x 86.58x 0.99x 0.32x 55.55x
2001-12-31 N/A 125.44x 0.99x N/A 603.91x
2000-12-31 N/A 0.00x 0.99x N/A 0.00x

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