Nelnet NNI
NYSE NNI
$126.02 -0.79 (-0.62%)
At close: Sep 18, 2026 · 4:00 PM EDT

Nelnet (NNI) Debt Ratio (2019 - 2026)

Nelnet's (NNI) quarterly Debt Ratio came in at 0.49 in Q2 2026, down 14.41% year-over-year from 0.58 in Q2 2025, and down 9.15% quarter-over-quarter from 0.54 in Q1 2026.

Analysis

Nelnet (NNI) Debt Ratio (2019 - 2026) Analysis & Trends

Nelnet (NNI) has reported Debt Ratio for 8 consecutive years, with 0.49 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 14.41% year-over-year to 0.49 in Q2 2026; TTM through Jun 2026 was 0.49, a 14.41% decrease from a year earlier, with the FY2025 full-year figure at 0.55, down 8.27% from the prior year.
  • Debt Ratio was 0.49 for Q2 2026 at Nelnet, down from 0.54 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.8 in Q1 2022 and troughed at 0.49 in Q2 2026.
  • A 5-year average of 0.66 and a median of 0.67 in 2024 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio decreased 5.75% in 2022 and dropped 14.78% in 2024, its largest moves.
  • Over 5 years, Debt Ratio stood at 0.76 in 2022, then retreated by 6.41% to 0.71 in 2023, then retreated by 14.78% to 0.6 in 2024, then dropped by 8.27% to 0.55 in 2025, then decreased by 10.82% to 0.49 in 2026.
  • The last three Debt Ratio figures came in at 0.49 (Q2 2026), 0.54 (Q1 2026), and 0.55 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Banco Santander Chile 424.88 Bn 544.83 Bn - 0.01
2 Truist Financial 59.29 Bn 59.29 Bn - 0.17
3 Fifth Third Bancorp 47.98 Bn 24.26 Bn - 0.09
4 M&T Bank 32.82 Bn 32.82 Bn - 0.10
5 Huntington Bancshares 32.08 Bn 27.60 Bn - 0.09
6 Citizens Financial 28.34 Bn 28.34 Bn - 0.07
7 Regions Financial 24.27 Bn 24.34 Bn - 0.07
8 Keycorp 22.19 Bn -25.51 Bn - 0.08
9 First Citizens Bancshares 21.93 Bn 21.41 Bn 29.00 Mn 0.14
10 Nelnet 4.54 Bn 4.23 Bn 90.97 Mn 0.49
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.49
Mar 31, 2026 0.54
Dec 31, 2025 0.55
Sep 30, 2025 0.56
Jun 30, 2025 0.58
Mar 31, 2025 0.61
Dec 31, 2024 0.60
Sep 30, 2024 0.63
Jun 30, 2024 0.66
Mar 31, 2024 0.69
Dec 31, 2023 0.71
Sep 30, 2023 0.72
Jun 30, 2023 0.73
Mar 31, 2023 0.74
Dec 31, 2022 0.76
Sep 30, 2022 0.77
Jun 30, 2022 0.78
Mar 31, 2022 0.80
Dec 31, 2021 0.81
Sep 30, 2021 0.83