Nelnet (NNI) Depreciation and Depletion (2015 - 2021)
Nelnet (NNI) posted quarterly Depreciation and Depletion of $14.5 million for Q4 2021, down 37.77% year-over-year from $23.3 million in Q4 2020, and up 16.94% quarter-over-quarter from $12.4 million in Q3 2021.
Nelnet (NNI) Depreciation and Depletion (2015 - 2021) Analysis & Trends
Nelnet (NNI) has reported Depreciation and Depletion for 7 consecutive years, with $14.5 million the latest figure, recorded in 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 climbed to $14.5 million in Q4 2021 per NNI's latest filing, from $12.4 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $23.3 million in Q4 2020 and bottomed at $6.2 million in Q1 2017.
- Historically, Depreciation and Depletion has averaged $14.9 million across 5 years, with a median of $14.8 million in 2018.
- Annual changes were most pronounced in 2018 — Depreciation and Depletion soared 104.48% — and 2021, when it tumbled 45.45%.
- Nelnet's Depreciation and Depletion stood at $9.6 million in 2017, then jumped by 62.5% to $15.6 million in 2018, then surged by 32.69% to $20.7 million in 2019, then gained by 12.56% to $23.3 million in 2020, then slumped by 37.77% to $14.5 million in 2021.
- Business Quant data shows NNI's Depreciation and Depletion at $14.5 million in Q4 2021, $12.4 million in Q3 2021, and $12.0 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | - |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | - |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | - |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | - |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | - |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | - |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 74.90 Mn |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | - |
| 10 | Nelnet | 4.86 Bn | 4.62 Bn | -10.19 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 |