Nelnet (NNI) Depreciation and Depletion (2015 - 2021)
Nelnet (NNI) posted quarterly Depreciation and Depletion of $14.5 million for Q4 2021, down 37.77% YoY from $23.3 million in Q4 2020, and up 16.94% sequentially from $12.4 million in Q3 2021.
Nelnet (NNI) Depreciation and Depletion (2015 - 2021) Analysis & Trends
Nelnet has disclosed Depreciation and Depletion across 7 years of filings, most recently posting $14.5 million for Q4 2021.
- In Q4 2021, Depreciation and Depletion fell 37.77% year-over-year to $14.5 million; the TTM figure through Dec 2021 stood at $50.7 million (down 42.32% YoY), while the FY2025 annual figure was $26.5 million, down 46.57% from the prior year.
- Depreciation and Depletion advanced to $14.5 million in Q4 2021, from $12.4 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for NNI reached as high as $23.3 million in Q4 2020 and fell as low as $6.2 million in Q1 2017.
- The 5-year median for Depreciation and Depletion is $14.8 million (2018), against an average of $14.9 million.
- Annual changes were most pronounced in 2018 — Depreciation and Depletion soared 104.48% — and 2021, when it sank 45.45%.
- A 5-year view of Depreciation and Depletion shows it stood at $9.6 million in 2017, then soared by 62.5% to $15.6 million in 2018, then jumped by 32.69% to $20.7 million in 2019, then rose by 12.56% to $23.3 million in 2020, then tumbled by 37.77% to $14.5 million in 2021.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $14.5 million, $12.4 million, and $12.0 million for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | - |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | - |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 74.90 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | - |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | - |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 700,000.00 |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | - |
| 10 | Nelnet | 4.85 Bn | 4.49 Bn | 4.07 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 14.50 Mn |
| Dec 31, 2021 | 14.50 Mn |
| Sep 30, 2021 | 12.40 Mn |
| Sep 30, 2021 | 12.40 Mn |
| Jun 30, 2021 | 12.00 Mn |
| Jun 30, 2021 | 12.00 Mn |
| Mar 31, 2021 | 11.80 Mn |
| Mar 31, 2021 | 11.80 Mn |
| Dec 31, 2020 | 23.30 Mn |
| Dec 31, 2020 | 23.30 Mn |
| Sep 30, 2020 | 22.30 Mn |
| Sep 30, 2020 | 22.30 Mn |
| Jun 30, 2020 | 22.00 Mn |
| Jun 30, 2020 | 22.00 Mn |
| Mar 31, 2020 | 20.30 Mn |
| Mar 31, 2020 | 20.30 Mn |
| Dec 31, 2019 | 20.70 Mn |
| Dec 31, 2019 | 20.70 Mn |
| Sep 30, 2019 | 19.70 Mn |
| Sep 30, 2019 | 19.70 Mn |