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. Navient also provides business processing services to education-related clients, such as guaranty agencies and colleges and universities. Finally, the Company leverages its scale and expertise to provide additional business processing services to a variety of other clients, including federal agencies, state and local governments, regional authorities, courts, hospitals, health care systems and other health care providers, financial service providers, and municipalities.

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Type
Public
HQ
Wilmington, US
Founded
2014
Size (employees)
6,773 (est)
Navient was founded in 2014 and is headquartered in Wilmington, US
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Navient Office Locations

Navient has an office in Wilmington
Wilmington, US (HQ)
300 123 Justison St
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Navient Financials and Metrics

Navient Financials

Navient's revenue was reported to be $4.97 b in FY, 2016 which is a 4.5% decrease from the previous period.
USD

Revenue (Q1, 2018)

1.4 b

Gross profit (Q1, 2018)

540 m

Gross profit margin (Q1, 2018), %

39%

EBIT (Q1, 2018)

329 m

Market capitalization (14-Jun-2018)

3.6 b

Closing share price (14-Jun-2018)

13.5

Cash (31-Mar-2018)

2.4 b

EV

109.1 b
Navient's current market capitalization is $3.6 b.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

5.6 b5.2 b5 b

Revenue growth, %

(8%)(4%)

Cost of goods sold

2.1 b2.1 b2.4 b

Gross profit

3.6 b3.1 b2.5 b
Quarterly
USDQ1, 2018

Revenue

1.4 b

Cost of goods sold

843 m

Gross profit

540 m

Gross profit Margin, %

39%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.4 b1.6 b1.3 b1.5 b

Inventories

270 m

Total Assets

146.4 b134.1 b121.1 b115 b

Short-term debt

2.7 b2.6 b2.3 b4.8 b
Quarterly
USDQ1, 2018

Cash

2.4 b

Inventories

356 m

Total Assets

113.2 b

Short-term debt

5.1 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.1 b997 m681 m292 m

Accounts Payable

(27 m)(42 m)(92 m)

Cash From Operating Activities

1.7 b1.9 b1.4 b

Cash From Investing Activities

(1.7 b)10.7 b11.4 b
Quarterly
USDQ1, 2018

Net Income

126 m

Accounts Payable

(33 m)

Interest Paid

798 m

Income Taxes Paid

2 m
USDY, 2018

EV/EBIT

331.6 x

Financial Leverage

30.9 x
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Navient Operating Metrics

Navient's Enterprise Customers was reported to be 1 k in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Enterprise Customers

1 k1 k1 k1 k1 k1 k1 k1 k

FFELP Loans Issued

$104.50 b$102.42 b$100.26 b$98.47 b$96.50 b$95.02 b$92.62 b$90.15 b$87.70 b$85.28 b$86.14 b

Non-performing Loans, units

7.54 b6.89 b5.24 b

Private Education Loans

$29.80 b$28.99 b$28.11 b$27.32 b$26.40 b$25.55 b$24.74 b$24.01 b$23.30 b$22.55 b$24.22 b
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Navient Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Earnest (170)October 04, 2017$155 m
Duncan Solutions (159)August 01, 2017$80 m

Navient Revenue Breakdown

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Navient revenue breakdown by business segment: 19.8% from Business Services, 31.4% from Private Education Loans, 48.3% from FFELP Loans and 0.5% from Other

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Navient Online and Social Media Presence

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Navient News and Updates

BRIEF-Canyon Capital Advisors Reports A 9.6 Pct Stake In Navient Corp As Of May 2

* CANYON CAPITAL ADVISORS LLC REPORTS A 9.6 PERCENT STAKE IN NAVIENT CORP AS OF MAY 2 - SEC FILING

BRIEF-Canyon Capital Advisors LLC Reports A 7.8 Pct Stake In Navient Corp As Of April 2

* CANYON CAPITAL ADVISORS LLC REPORTS A 7.8 PCT STAKE IN NAVIENT CORP AS OF APRIL 2 - SEC FILING

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