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%+5.9pp | 12.2%+6.6pp | 12.5%+8.8pp | 9.6%+4.6pp | 5.7%+1.3pp | |
| Leverage | ||||||
| Debt-to-equity | 2.1×-0.5× | 2.1×-0.4× | 2.1×-0.6× | 2.2×-0.7× | 2.5×-0.7× | |
| Per Share | ||||||
| Book value per share | $103.43+10.3% | $101.42+10.9% | $100.60+11.4% | $97.98+8.6% | $93.74+5.4% | |
| Valuation | ||||||
| Market capitalization | $4.63B+14.9% | $4.78B+23.3% | $4.54B+9.6% | $4.3B+14.8% | $4.03B+13.9% | |
| Price / earnings | 11.1×-9.7× | 11.2×-9.9× | 10.5×-23.8× | 13.1×-10.0× | 20.8×-3.5× | |
| Price / book | 1.2×+0.1× | 1.3×+0.1× | 1.2×0.0× | 1.2×+0.1× | 1.2×+0.1× | |
| Dividend yield | 1%0.0pp | 0.9%-0.2pp | 0.9%-0.1pp | 0.9%-0.1pp | 1%-0.1pp |
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.