Craft

Navient

Stock Price

$15.6

2024-08-20

Market Capitalization

$1.7 B

2024-08-20

Revenue

$321 M

FY, 2023

Navient Summary

Company Summary

Overview
Navient Corporation is a company that offers technology-enabled education finance and business processing solutions. It owns a portfolio of Federal Family Education Loan Program (FFELP) loans, provides asset recovery services, private education loans, and business processing solutions for public sector and healthcare organizations.
Type
Public
Status
Active
Founded
2014
HQ
Wilmington, DE, US | view all locations
Website
https://www.navient.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Jack Remondi

    Jack Remondi, President and Chief Executive Officer

  • Joe Fisher

    Joe Fisher, Executive Vice President and Chief Financial Officer

  • Jennifer Walker

    Jennifer Walker, Senior Vice President and Chief Audit Officer

  • Patricia Nash Christel

    Patricia Nash Christel, Vice President, Corporate Marketing and Communications, Chief of Staff to the CEO

Operating MetricsView all

FFELP Loans Issued

$43.5B
17.3%

FY, 2022

Customers

5.6M

Q2, 2022

Private Education Loans

$18.7B
825.7%

FY, 2022

LocationsView all

5 locations detected

  • Wilmington, DE HQ

    United States

    123 Justison St #300

  • Fishers, IN

    United States

    11100 USA Pkwy

  • Muncie, IN

    United States

    4501 N Superior Dr

  • Reston, VA

    United States

    2001 Edmund Halley Dr

  • Wilkes-Barre, PA

    United States

    220 Lasley Ave

Navient Financials

Summary Financials

Revenue (Q2, 2024)
$81.0M
Gross profit (Q2, 2024)
($31.0M)
Net income (Q2, 2024)
$36.0M
Cash (Q2, 2024)
$1.1B
Enterprise value
$53.5B

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