Skip to content
OpenCapital
Get started

Nelnet NNI Debt-to-equity

Debt-to-equity at other companies

SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
0.2×-0.3×
Enova International logo
Enova InternationalENVA
3.5×+0.3×
Rithm Capital logo
Rithm CapitalRITM
0×-4.3×
EFC
Ellington Financial Inc.EFC
0.3×+0.2×
MFA Financial logo
MFA FinancialMFA
0×0.0×
Main Street Capital logo
Main Street CapitalMAIN
0.8×0.0×

Other financials

Income statement

See full
Net income$71.1M-13.8%
EPS (diluted)$1.97-12.8%

Balance sheet

See full
Cash & equivalents$240.0M+8.8%
Total debt$7.7B-11.1%
Total equity$3.7B+9.1%
Total assets$14.2B-0.1%

Cash flow

See full
Operating cash flow$73.1M-19.8%
CapEx$11.6M+242%
Free cash flow$61.6M-29.9%

Valuation

See full
Market cap$4.68B+14.9%
Enterprise value$12.14B-3.0%
P/E11.2×-9.9×

Returns & leverage

See full
Return on equity11.7%+5.9pp

Where this comes from

Calculated from Nelnet’s reported figures.

total debt/total stockholders equity=2.1×

Based on the most recent quarter.

The official record: Nelnet’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Nelnet's debt-to-equity.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Nelnet's debt-to-equity?
Nelnet (NNI) reported debt-to-equity of 2.1× in Q1 2026.
How has Nelnet's debt-to-equity changed year-over-year?
Nelnet's debt-to-equity decreased by 18.5% year-over-year, from 2.5× to 2.1×.
What is the long-term trend for Nelnet's debt-to-equity?
Over 5 years (2020 to 2025), Nelnet's debt-to-equity has grown at a -22.1% compound annual growth rate (CAGR), from 7.3× to 2.1×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.