NELNET INC-CL A (NNI) Stock Fundamental Analysis

NYSE:NNI • US64031N1081

128.68 USD
+0.54 (+0.42%)
At close: Feb 24, 2026
128.68 USD
0 (0%)
After Hours: 2/24/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall NNI gets a fundamental rating of 5 out of 10. We evaluated NNI against 54 industry peers in the Consumer Finance industry. NNI has a medium profitability rating, but doesn't score so well on its financial health evaluation. NNI has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • NNI had positive earnings in the past year.
  • In the past year NNI had a positive cash flow from operations.
  • In the past 5 years NNI has always been profitable.
  • NNI had a positive operating cash flow in each of the past 5 years.
NNI Yearly Net Income VS EBIT VS OCF VS FCFNNI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

1.2 Ratios

  • NNI has a Return On Assets of 3.07%. This is comparable to the rest of the industry: NNI outperforms 59.26% of its industry peers.
  • The Return On Equity of NNI (11.66%) is comparable to the rest of the industry.
  • Looking at the Return On Invested Capital, with a value of 1.87%, NNI is in line with its industry, outperforming 53.70% of the companies in the same industry.
  • NNI had an Average Return On Invested Capital over the past 3 years of 1.53%. This is significantly below the industry average of 12.20%.
  • The 3 year average ROIC (1.53%) for NNI is below the current ROIC(1.87%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.07%
ROE 11.66%
ROIC 1.87%
ROA(3y)1.3%
ROA(5y)1.44%
ROE(3y)6.86%
ROE(5y)9.38%
ROIC(3y)1.53%
ROIC(5y)1.39%
NNI Yearly ROA, ROE, ROICNNI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • NNI has a better Profit Margin (20.79%) than 79.63% of its industry peers.
  • NNI's Profit Margin has been stable in the last couple of years.
  • NNI has a Operating Margin (16.50%) which is comparable to the rest of the industry.
  • NNI's Operating Margin has improved in the last couple of years.
  • With a decent Gross Margin value of 62.80%, NNI is doing good in the industry, outperforming 61.11% of the companies in the same industry.
  • NNI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 16.5%
PM (TTM) 20.79%
GM 62.8%
OM growth 3Y-28.61%
OM growth 5Y3.31%
PM growth 3Y-31.69%
PM growth 5Y1.26%
GM growth 3Y-11.65%
GM growth 5Y0.65%
NNI Yearly Profit, Operating, Gross MarginsNNI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NNI is destroying value.
  • The number of shares outstanding for NNI has been reduced compared to 1 year ago.
  • NNI has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for NNI has been reduced compared to a year ago.
NNI Yearly Shares OutstandingNNI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
NNI Yearly Total Debt VS Total AssetsNNI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.2 Solvency

  • NNI has an Altman-Z score of 0.73. This is a bad value and indicates that NNI is not financially healthy and even has some risk of bankruptcy.
  • NNI has a Altman-Z score (0.73) which is comparable to the rest of the industry.
  • The Debt to FCF ratio of NNI is 20.02, which is on the high side as it means it would take NNI, 20.02 years of fcf income to pay off all of its debts.
  • NNI has a Debt to FCF ratio of 20.02. This is comparable to the rest of the industry: NNI outperforms 48.15% of its industry peers.
  • NNI has a Debt/Equity ratio of 2.55. This is a high value indicating a heavy dependency on external financing.
  • NNI has a Debt to Equity ratio (2.55) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 2.55
Debt/FCF 20.02
Altman-Z 0.73
ROIC/WACC0.27
WACC7.05%
NNI Yearly LT Debt VS Equity VS FCFNNI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.3 Liquidity

  • A Current Ratio of 0.19 indicates that NNI may have some problems paying its short term obligations.
  • NNI has a Current ratio of 0.19. This is in the lower half of the industry: NNI underperforms 68.52% of its industry peers.
  • A Quick Ratio of 0.19 indicates that NNI may have some problems paying its short term obligations.
  • NNI has a Quick ratio of 0.19. This is in the lower half of the industry: NNI underperforms 68.52% of its industry peers.
Industry RankSector Rank
Current Ratio 0.19
Quick Ratio 0.19
NNI Yearly Current Assets VS Current LiabilitesNNI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 170.36% over the past year.
  • NNI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.61% yearly.
  • The Revenue for NNI has decreased by -21.07% in the past year. This is quite bad
  • NNI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.92% yearly.
EPS 1Y (TTM)170.36%
EPS 3Y-19.07%
EPS 5Y-0.61%
EPS Q2Q%4100%
Revenue 1Y (TTM)-21.07%
Revenue growth 3Y13.54%
Revenue growth 5Y3.92%
Sales Q2Q%39.12%

3.2 Future

  • Based on estimates for the next years, NNI will show a very strong growth in Earnings Per Share. The EPS will grow by 25.18% on average per year.
  • NNI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.59% yearly.
EPS Next Y44.91%
EPS Next 2Y35.58%
EPS Next 3Y25.18%
EPS Next 5YN/A
Revenue Next Year10.59%
Revenue Next 2Y8.45%
Revenue Next 3Y7.59%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
NNI Yearly Revenue VS EstimatesNNI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B
NNI Yearly EPS VS EstimatesNNI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8 10

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 15.50, NNI is valued correctly.
  • Compared to the rest of the industry, the Price/Earnings ratio of NNI indicates a slightly more expensive valuation: NNI is more expensive than 64.81% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.98. NNI is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 14.46, which indicates a correct valuation of NNI.
  • NNI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. NNI is more expensive than 61.11% of the companies in the same industry.
  • NNI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.01, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 15.5
Fwd PE 14.46
NNI Price Earnings VS Forward Price EarningsNNI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • NNI's Enterprise Value to EBITDA ratio is in line with the industry average.
  • NNI's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 9.95
EV/EBITDA 28.21
NNI Per share dataNNI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • NNI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of NNI may justify a higher PE ratio.
  • A more expensive valuation may be justified as NNI's earnings are expected to grow with 25.18% in the coming years.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y35.58%
EPS Next 3Y25.18%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • NNI has a Yearly Dividend Yield of 1.01%. Purely for dividend investing, there may be better candidates out there.
  • NNI's Dividend Yield is comparable with the industry average which is at 2.75.
  • Compared to an average S&P500 Dividend Yield of 1.81, NNI's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.01%

5.2 History

  • The dividend of NNI is nicely growing with an annual growth rate of 8.59%!
  • NNI has paid a dividend for at least 10 years, which is a reliable track record.
  • NNI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.59%
Div Incr Years10
Div Non Decr Years13
NNI Yearly Dividends per shareNNI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 9.70% of the earnings are spent on dividend by NNI. This is a low number and sustainable payout ratio.
  • NNI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP9.7%
EPS Next 2Y35.58%
EPS Next 3Y25.18%
NNI Yearly Income VS Free CF VS DividendNNI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
NNI Dividend Payout.NNI Dividend Payout, showing the Payout Ratio.NNI Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

NELNET INC-CL A

NYSE:NNI (2/24/2026, 8:04:00 PM)

After market: 128.68 0 (0%)

128.68

+0.54 (+0.42%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)11-06
Earnings (Next)02-26
Inst Owners49.49%
Inst Owner Change-1.71%
Ins Owners32.08%
Ins Owner Change0.38%
Market Cap4.62B
Revenue(TTM)2.05B
Net Income(TTM)425.89M
Analysts45
Price Target142.8 (10.97%)
Short Float %1.48%
Short Ratio1.94
Dividend
Industry RankSector Rank
Dividend Yield 1.01%
Yearly Dividend1.11
Dividend Growth(5Y)8.59%
DP9.7%
Div Incr Years10
Div Non Decr Years13
Ex-Date02-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)31.34%
Min EPS beat(2)-28.95%
Max EPS beat(2)91.63%
EPS beat(4)3
Avg EPS beat(4)29.61%
Min EPS beat(4)-28.95%
Max EPS beat(4)91.63%
EPS beat(8)4
Avg EPS beat(8)-7.29%
EPS beat(12)4
Avg EPS beat(12)-16.53%
EPS beat(16)8
Avg EPS beat(16)3.59%
Revenue beat(2)1
Avg Revenue beat(2)4.62%
Min Revenue beat(2)-4.61%
Max Revenue beat(2)13.85%
Revenue beat(4)3
Avg Revenue beat(4)7.02%
Min Revenue beat(4)-4.61%
Max Revenue beat(4)18.53%
Revenue beat(8)4
Avg Revenue beat(8)-1.45%
Revenue beat(12)5
Avg Revenue beat(12)2.4%
Revenue beat(16)9
Avg Revenue beat(16)11.89%
PT rev (1m)0%
PT rev (3m)3.7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)34.65%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.26%
Valuation
Industry RankSector Rank
PE 15.5
Fwd PE 14.46
P/S 2.26
P/FCF 9.95
P/OCF 9.92
P/B 1.27
P/tB 1.33
EV/EBITDA 28.21
EPS(TTM)8.3
EY6.45%
EPS(NY)8.9
Fwd EY6.91%
FCF(TTM)12.93
FCFY10.05%
OCF(TTM)12.97
OCFY10.08%
SpS57.02
BVpS101.68
TBVpS96.4
PEG (NY)0.35
PEG (5Y)N/A
Graham Number137.8
Profitability
Industry RankSector Rank
ROA 3.07%
ROE 11.66%
ROCE 2.83%
ROIC 1.87%
ROICexc 1.91%
ROICexgc 1.97%
OM 16.5%
PM (TTM) 20.79%
GM 62.8%
FCFM 22.67%
ROA(3y)1.3%
ROA(5y)1.44%
ROE(3y)6.86%
ROE(5y)9.38%
ROIC(3y)1.53%
ROIC(5y)1.39%
ROICexc(3y)1.55%
ROICexc(5y)1.4%
ROICexgc(3y)1.58%
ROICexgc(5y)1.43%
ROCE(3y)2.18%
ROCE(5y)1.95%
ROICexgc growth 3Y-4.39%
ROICexgc growth 5Y20.55%
ROICexc growth 3Y-4.81%
ROICexc growth 5Y20.27%
OM growth 3Y-28.61%
OM growth 5Y3.31%
PM growth 3Y-31.69%
PM growth 5Y1.26%
GM growth 3Y-11.65%
GM growth 5Y0.65%
F-Score7
Asset Turnover0.15
Health
Industry RankSector Rank
Debt/Equity 2.55
Debt/FCF 20.02
Debt/EBITDA 21.48
Cap/Depr 1.44%
Cap/Sales 0.07%
Interest Coverage 0.68
Cash Conversion 107.63%
Profit Quality 109.08%
Current Ratio 0.19
Quick Ratio 0.19
Altman-Z 0.73
F-Score7
WACC7.05%
ROIC/WACC0.27
Cap/Depr(3y)33.47%
Cap/Depr(5y)40.42%
Cap/Sales(3y)2.5%
Cap/Sales(5y)3.94%
Profit Quality(3y)306.36%
Profit Quality(5y)214.66%
High Growth Momentum
Growth
EPS 1Y (TTM)170.36%
EPS 3Y-19.07%
EPS 5Y-0.61%
EPS Q2Q%4100%
EPS Next Y44.91%
EPS Next 2Y35.58%
EPS Next 3Y25.18%
EPS Next 5YN/A
Revenue 1Y (TTM)-21.07%
Revenue growth 3Y13.54%
Revenue growth 5Y3.92%
Sales Q2Q%39.12%
Revenue Next Year10.59%
Revenue Next 2Y8.45%
Revenue Next 3Y7.59%
Revenue Next 5YN/A
EBIT growth 1Y2.09%
EBIT growth 3Y-18.94%
EBIT growth 5Y7.36%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y48.51%
FCF growth 3Y9.73%
FCF growth 5Y25.48%
OCF growth 1Y22.48%
OCF growth 3Y6.75%
OCF growth 5Y17.27%

NELNET INC-CL A / NNI FAQ

What is the ChartMill fundamental rating of NELNET INC-CL A (NNI) stock?

ChartMill assigns a fundamental rating of 5 / 10 to NNI.


Can you provide the valuation status for NELNET INC-CL A?

ChartMill assigns a valuation rating of 5 / 10 to NELNET INC-CL A (NNI). This can be considered as Fairly Valued.


How profitable is NELNET INC-CL A (NNI) stock?

NELNET INC-CL A (NNI) has a profitability rating of 6 / 10.


What is the expected EPS growth for NELNET INC-CL A (NNI) stock?

The Earnings per Share (EPS) of NELNET INC-CL A (NNI) is expected to grow by 44.91% in the next year.


How sustainable is the dividend of NELNET INC-CL A (NNI) stock?

The dividend rating of NELNET INC-CL A (NNI) is 6 / 10 and the dividend payout ratio is 9.7%.