Nelnet Inc (NNI) EV to CFO (2011 - 2026)
Nelnet's (NNI) EV to CFO was 11.21 for Q2 2026, up 34.1% from 8.36 a year earlier and up 5.9% from the prior quarter.
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Analysis
Nelnet Inc (NNI) EV to CFO (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nelnet's EV to CFO came in at 9.34, up 32.1% year-over-year; for FY2025, it was 10.47, up 89.1% from FY2024.
- By year, EV to CFO came in at 5.53 in FY2024 (-22.3%), 7.13 in FY2023 (+47.7%), 4.82 in FY2022 (-36.4%) and 7.59 in FY2021 (-0.4%).
- The Q2 2026 figure ranks as the highest quarterly EV to CFO since Q2 2019.
- Year over year, EV to CFO has now increased in each of the last six quarters, with growth averaging 27.5% over the last eight quarters.
- The high point for year-over-year EV to CFO in five years was Q3 2023 (growth of 129.2%); the low point was Q4 2022 (a decline of 36.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 10.59 (Q1 2026), 10.47 (Q4 2025) and 9.17 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.21 |
| Mar 31, 2026 | 10.59 |
| Dec 31, 2025 | 10.47 |
| Sep 30, 2025 | 9.17 |
| Jun 30, 2025 | 8.36 |
| Mar 31, 2025 | 6.95 |
| Dec 31, 2024 | 5.53 |
| Sep 30, 2024 | 6.81 |
| Jun 30, 2024 | 5.98 |
| Mar 31, 2024 | 6.32 |
| Dec 31, 2023 | 7.13 |
| Sep 30, 2023 | 8.25 |
| Jun 30, 2023 | 8.75 |
| Mar 31, 2023 | 6.10 |
| Dec 31, 2022 | 4.82 |
| Sep 30, 2022 | 3.60 |
| Jun 30, 2022 | 3.96 |
| Mar 31, 2022 | 4.34 |
| Dec 31, 2021 | 7.59 |
| Sep 30, 2021 | 5.59 |
API Access
Nelnet Inc EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=NNI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "NNI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=NNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();