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
DateValue
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