Nelnet is one of the leading education and finance companies in the United States. The Company provides quality student loan products and services to students, as well as a full range of student-lending services and technology-based products to schools nationwide. This includes student loan origination and lending, holding, student loan and guarantee servicing and software solutions. Each of its business segments serves different customers, from students and parents to K-12 schools or colleges, to lenders and government.

Type
Public
HQ
Lincoln, US
Founded
1978
Size (employees)
3,700 (est)
Website
nelnet.com
Nelnet was founded in 1978 and is headquartered in Lincoln, US
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Nelnet Office Locations

Nelnet has offices in Omaha, Aurora, Remote, Elkhart and in 5 other locations
Lincoln, US (HQ)
121 S 13th St
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Nelnet Financials and Metrics

Nelnet Financials

Nelnet's revenue was reported to be $1.24 b in FY, 2016 which is a 3.3% increase from the previous period.
USD

Revenue (Q2, 2017)

274.9 m

Net income (Q2, 2017)

24.7 m

EBIT (Q2, 2017)

77.8 m

Market capitalization (23-Apr-2018)

2.3 b

Cash (30-Jun-2017)

69.2 m
Nelnet's current market capitalization is $2.3 b.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

1.2 b1.2 b1.2 b

Revenue growth, %

5%0%3%

EBIT

469.5 m420.6 m359.1 m

EBIT margin, %

39%35%29%
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

301.9 m277.1 m276.9 m244.7 m341.3 m299.6 m274.9 m

Sales and marketing expense

58.8 m63.2 m63.2 m60.9 m63.7 m71.9 m74.6 m

Operating expense total

115.8 m120.9 m111.5 m107.4 m106.8 m115 m119 m

EBIT

102.9 m109 m99.1 m90.2 m93.8 m75.9 m77.8 m
Annual
USDFY, 2014FY, 2015FY, 2016

Cash

130.5 m63.5 m69.7 m

Accounts Receivable

50.6 m51.3 m44 m

PP&E

45.9 m80.5 m123.8 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

182.3 m114.5 m51 m59.3 m67.2 m108.2 m69.2 m

Accounts Receivable

60.9 m64.6 m45.5 m42 m53.4 m45.9 m60.2 m

PP&E

48 m46.7 m88.7 m96.1 m107.5 m143.1 m181.1 m

Goodwill

126.2 m126.2 m147.3 m147.3 m147.3 m147.3 m147.3 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

304.3 m309.3 m268.3 m257.5 m

Depreciation and Amortization

26.3 m33.9 m

Accounts Payable

433 k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

233.3 m74.3 m150 m235.4 m64.8 m135.8 m184.7 m48 m74.2 m158.6 m47.9 m72.6 m

Depreciation and Amortization

6.5 m7 m7.6 m8.2 m9 m8.6 m

Accounts Payable

(552 k)613 k

Cash From Operating Activities

202.6 m88.6 m156.5 m263.1 m129.3 m192 m307.4 m104.5 m175.2 m258.8 m73.8 m132.1 m
USDY, 2017

Financial Leverage

11.9 x
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Nelnet Operating Metrics

Nelnet's Borrowers was reported to be 5.8 m in Q2, 2017. Nelnet's Total Loans was reported to be $23.2b in Q2, 2017.
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Nelnet Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
PaymentSpring January 10, 2017
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