Nelnet NNI Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Returns | ||||||
| Return on equity | 11.7%-0.5pp | 12.2%-0.3pp | 12.5%+2.9pp | 9.6%+3.9pp | 5.7%+0.2pp | |
| Leverage | ||||||
| Debt-to-equity | 2.1×-0.1× | 2.1×0.0× | 2.1×-0.1× | 2.2×-0.3× | 2.5×0.0× | |
| Per Share | ||||||
| Book value per share | $103.43+2.0% | $101.42+0.8% | $100.60+2.7% | $97.98+4.5% | $93.74+2.5% | |
| Valuation | ||||||
| Market capitalization | $4.63B-3.2% | $4.78B+5.3% | $4.54B+5.4% | $4.3B+6.9% | $4.03B+3.9% | |
| Price / earnings | 11.1×-0.1× | 11.2×+0.7× | 10.5×-2.6× | 13.1×-7.8× | 20.8×-0.2× | |
| Price / book | 1.2×-0.1× | 1.3×+0.1× | 1.2×0.0× | 1.2×0.0× | 1.2×0.0× | |
| Dividend yield | 1%+0.1pp | 0.9%0.0pp | 0.9%0.0pp | 0.9%-0.1pp | 1%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Nelnet's ratios come from?
- Every ratio is computed from Nelnet's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.