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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |