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
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