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| Date | Value |
|---|---|
| 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 |