Nelnet (NNI) Debt Ratio (2019 - 2026)

Nelnet (NNI) posted quarterly Debt Ratio of 0.54 for Q1 2026, up 968.49% year-over-year from 0.05 in Q1 2025, and down 1.84% quarter-over-quarter from 0.55 in Q4 2025.

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

Nelnet (NNI) has reported Debt Ratio for 8 consecutive years, with 0.54 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Debt Ratio rose 968.49% year-over-year to 0.54; the TTM figure through Mar 2026 stood at 0.54 (up 968.49% YoY), while the FY2025 annual figure was 0.55, down 8.27% from the prior year.
  • Debt Ratio retreated to 0.54 in Q1 2026 per NNI's latest filing, from 0.55 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.8 in Q1 2022 and bottomed at 0.05 in Q1 2025.
  • Historically, Debt Ratio has averaged 0.64 across 5 years, with a median of 0.69 in 2024.
  • Annual changes were most pronounced in 2025 — Debt Ratio sank 92.62% — and 2026, when it surged 968.49%.
  • Nelnet's Debt Ratio stood at 0.76 in 2022, then slipped by 6.41% to 0.71 in 2023, then slipped by 14.78% to 0.6 in 2024, then fell by 8.27% to 0.55 in 2025, then dropped by 1.84% to 0.54 in 2026.
  • Business Quant data shows NNI's Debt Ratio at 0.54 in Q1 2026, 0.55 in Q4 2025, and 0.56 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 0.25
2 Mastercard 506.53 Bn 493.04 Bn - 0.43
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 0.19
4 Capital One Financial 136.19 Bn 81.48 Bn - 0.05
5 PayPal Holdings 52.34 Bn 41.08 Bn - 0.18
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 0.13
8 Affirm Holdings 25.93 Bn 24.20 Bn - 0.18
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -
10 Nelnet 4.86 Bn 4.62 Bn -10.19 Mn 0.54

Historic Data

Download Data
DateValue
Mar 31, 2026 0.54
Dec 31, 2025 0.55
Sep 30, 2025 0.56
Jun 30, 2025 0.58
Mar 31, 2025 0.05
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
Jun 30, 2021 0.84