# Nelnet, Inc. (NNI)

> Financial Services · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/NNI/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 525.51M | $ 71.13M | $ 61.57M | $ 7.70B | $ 3.73B |
| 2025 | $ 2.13B | $ 438.72M | $ 406.23M | $ 7.79B | $ 3.69B |
| 2024 | $ 1.93B | $ 193.45M | $ 674.41M | $ 8.31B | $ 3.35B |
| 2023 | $ 1.99B | $ 97.00M | $ 388.01M | $ 11.83B | $ 3.25B |
| 2022 | $ 2.05B | $ 455.05M | $ 697.79M | $ 14.64B | $ 3.20B |
| 2021 | $ 1.68B | $ 467.48M | $ 516.49M | $ 17.65B | $ 2.95B |
| 2020 | $ 1.77B | $ 448.99M | $ 126.76M | $ 19.34B | $ 2.63B |
| 2019 | $ 2.18B | $ 183.03M | $ 266.43M | $ 20.53B | $ 2.39B |
| 2018 | $ 2.20B | $ 301.00M | $ 192.65M | $ 22.22B | $ 2.30B |
| 2017 | $ 1.56B | $ 233.28M | $ 96.32M | $ 21.36B | $ 2.15B |
| 2016 | $ 1.64B | $ 353.25M | $ 354.49M | $ 24.67B | $ 2.06B |
| 2015 | $ 1.56B | $ 376.25M | $ 525.96M | $ 28.17B | $ 1.88B |
| 2014 | $ 1.60B | $ 434.66M | $ 467.65M | $ 28.03B | $ 1.73B |
| 2013 | $ 1.53B | $ 430.47M | $ 526.47M | $ 25.96B | $ 1.44B |
| 2012 | $ 1.24B | $ 256.98M | $ 417.79M | $ 25.10B | $ 1.17B |
| 2011 | $ 1.31B | $ 300.20M | $ 435.89M | $ 24.43B | $ 1.07B |
| 2010 | $ 1.42B | $ 286.22M | $ 275.72M | $ 24.67B | $ 906.63M |
| 2009 | $ 1.40B | $ 210.66M | $ 489.83M | $ 24.81B | $ 784.56M |
| 2008 | $ 2.26B | $ 40.65M | $ 478.41M | $ 26.79B | $ 643.23M |
| 2007 | $ 3.17B | $ 53.64M | $ 383.08M | $ 28.12B | $ 608.88M |
| 2006 | $ 2.70B | $ 78.51M | $ 247.26M | $ 25.56B | $ 671.85M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 2.06 |
| Liabilities / Eq | 2.83 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 24.24 |
| Gross Debt / FCF | 21.05 |

## Other views

- [Metrics](https://sponda.capital/en/NNI.md)
- [Charts](https://sponda.capital/en/NNI/charts.md)
- [Compare](https://sponda.capital/en/NNI/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.