Nelnet, Inc. (NNI) Stock

About Nelnet, Inc.

Nelnet, Inc. (NNI) stock trades at $122.59 with a market capitalization of $4.39B. The stock is valued at a price-to-earnings (P/E) ratio of 14.87, price-to-book of 1.18, price-to-sales of 2.40. Over the past 52 weeks the stock has ranged between $116.62 and $144.38, and currently trades 15.1% below its 52-week high. It pays a dividend yielding 1.07%.

On profitability, Nelnet, Inc. generates a return on equity (ROE) of 8.15%, return on capital employed of 5.21%, an operating margin of 50.60%, a net profit margin of 16.27%.

Nelnet, Inc. by the numbers, 2016–2025

Between 2016 and 2025 Nelnet, Inc. reported revenue of $1.2B rising to $2.3B, a change of +89.5% across 10 years. Compounded, revenue has grown 10.5% a year over five years, 7.6% over three, 22.5% over the last twelve months. Net profit rose to $428.0M.

Operating margin went from 33.4% in 2016 to 50.6% in 2025, a gain of 17.2 percentage points. The most recent net margin is 16.27%. On a trailing twelve-month basis to Jun '26, revenue is $1.9B and net profit $303.0M.

Borrowings fell from $24.7B to $7.8B, cash from operations was $423.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 9.2% over five years, and was 11.6% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Nelnet, Inc. (NNI) — frequently asked questions