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Navient

Navient

Customers

6 M

Q2, 2017

Revenue

$507 M

FY, 2021

Market Capitalization

$2.3 B

2022-09-19

Navient Summary

Company summary

Overview
Navient is a company that provides asset management and business processing services to education, health care and government clients at the federal, state, and local levels. The Company holds a portfolio of education loans insured or federally guaranteed under the Federal Family Education Loan Program. It also holds the portfolio of Private Education Loans. Navient services its own portfolio of education loans, as well as education loans owned by the United States Department of Education, financial institutions, and non-profit education lenders. Its data-driven insight, service and innovation support customers on the path to successful education loan repayment.
Type
Public
Founded
2014
HQ
Wilmington, DE, US | view all locations
Website
https://www.navient.com/
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • Jack Remondi

    Jack Remondi, President and Chief Executive Officer

  • Michael Lawson

    Michael Lawson, Board Member.

    • John Kane

      John Kane, Group President, Business Processing Solutions

      • Joe Fisher

        Joe Fisher, Executive Vice President and Chief Financial Officer

        Operating MetricsView all

        Enterprise Customers

        1K

        Q2, 2017

        Non-performing Loans, units

        5.2B
        24.0%

        FY, 2016

        FFELP Loans Issued

        $86.1B
        7.0%

        Q2, 2017

        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, 2022)
        $87.0M
        Gross profit (Q2, 2022)
        ($47.0M)
        Net income (Q2, 2022)
        $180.0M
        Cash (Q2, 2022)
        $976.0M
        Enterprise value
        $73.7B

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