Nelnet Inc - Class A
Research Nelnet Inc - Class A (NNI) on Bullrun: valuation model: 6.2% overvalued, market cap USD 4.61B, P/E 15.7, dividend yield 1.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNNI
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryCredit Services
- CurrencyUSD
- Valuation signal6.2% overvalued
- Market capUSD 4.61B
- P/E15.7
- Dividend yield1.0%
- Financial periodQ2 2026
- RevenueUSD 366.30M
- Net incomeUSD 66.66M
- Free cash flowUSD 71.57M
Valuation Snapshot
Bullrun's latest valuation model marks Nelnet Inc - Class A as 6.2% overvalued; latest market cap is USD 4.61B; P/E is 15.7; dividend yield is 1.0%.
Peer valuation comparison
Latest P/E is 15.68x versus a Financial Services sector median of 13.84x (13.4% above).
Latest dividend yield is 1.01% versus a Financial Services sector median of 3.86% (73.8% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.35B | USD 428.47M | USD 396.75M | n/a | 11.79 | USD 295.98M | USD 7.78B | USD 3.69B |
| FY2024 | USD 1.13B | USD 184.05M | USD 641.99M | n/a | 5.02 | USD 194.52M | USD 8.31B | USD 3.35B |
| FY2023 | n/a | USD 89.83M | USD 357.98M | n/a | 2.4 | USD 168.11M | USD 11.83B | USD 3.25B |
| FY2022 | n/a | USD 406.90M | USD 623.64M | n/a | 10.82 | USD 118.15M | USD 14.64B | USD 3.20B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 4.61B | 15.7 | 1.0% | 1.29 |
| 2025 | 2025-12-31 | USD 4.77B | 11.5 | 0.9% | 1.19 |
| 2024 | 2024-12-31 | USD 3.88B | 21.8 | 1.0% | 1.12 |
| 2023 | 2023-12-29 | USD 3.29B | 26.1 | 1.2% | 1.06 |
| 2022 | 2022-12-30 | USD 3.37B | 6.9 | 1.1% | 0.98 |
| 2021 | 2021-12-31 | USD 3.70B | 9.7 | 0.9% | 0.9 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.29 USD, yield 1.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.19 USD |
| FY2024 | 1.12 USD |
| FY2023 | 1.06 USD |
| FY2022 | 0.98 USD |
About Nelnet Inc - Class A
Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment processing, due diligence procedures, funds management reconciliation, and claim processing services.
Related stock research
Other Financial Services stocks
Frequently asked questions
Is Nelnet Inc - Class A overvalued or undervalued?
Bullrun's valuation model currently marks Nelnet Inc - Class A as 6.2% overvalued.
What is Nelnet Inc - Class A's market cap?
Nelnet Inc - Class A's market capitalization is USD 4.61B.
What is Nelnet Inc - Class A's P/E ratio?
Nelnet Inc - Class A's price-to-earnings (P/E) ratio is 15.7.
Does Nelnet Inc - Class A pay a dividend?
Nelnet Inc - Class A has a dividend yield of 1.0%.
What does Nelnet Inc - Class A do?
Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment processing, due diligence procedures, funds management reconciliation, and claim processing services.