Nelnet (NNI) FCF Margin (2010 - 2026)

Nelnet (NNI) posted quarterly FCF Margin of 109.71% for Q1 2026, down 81.98% sequentially from 608.94% in Q3 2025.

Nelnet (NNI) FCF Margin (2010 - 2026) Analysis & Trends

Nelnet has disclosed FCF Margin across 17 years of filings, most recently posting 109.71% for Q1 2026.

  • In Q1 2026, FCF Margin changed N/A year-over-year to 109.71%; the TTM figure through Mar 2026 stood at 430.36% (changed N/A YoY), while the FY2023 annual figure was 1707.16%, changed N/A from the prior year.
  • FCF Margin retreated to 109.71% in Q1 2026, from 608.94% in the prior quarter.
  • Over the last five years, FCF Margin for NNI reached as high as 2678.55% in Q4 2023 and fell as low as 23734.48% in Q3 2022.
  • The 5-year median for FCF Margin is 120.46% (2026), against an average of 3632.1%.
  • Annual changes were most pronounced in 2022 — FCF Margin slumped 2392704 bps — and 2023, when it soared 2388966 bps.
  • A 5-year view of FCF Margin shows it stood at 3646.75% in 2022, then jumped by 173 bps to 2678.55% in 2023, then sank by 95 bps to 131.21% in 2024, then surged by 364 bps to 608.94% in 2025, then slumped by 82 bps to 109.71% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 109.71%, 608.94%, and 131.21% for Q1 2026, Q3 2025, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 23.37%
2 Mastercard 465.55 Bn 455.34 Bn - 33.56%
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 14.04%
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 10.81%
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 6,779.64%
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -216.52%
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 65.22%
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 46.37%
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 15.37%
10 Nelnet 4.85 Bn 4.49 Bn 4.07 Mn 109.71%

Historic Data

Download Data
DateValue
Mar 31, 2026 109.71%
Sep 30, 2025 608.94%
Mar 31, 2024 131.21%
Dec 31, 2023 2,678.55%
Sep 30, 2023 155.18%
Jun 30, 2023 -12,962.72%
Mar 31, 2023 70.69%
Dec 31, 2022 -3,646.75%
Sep 30, 2022 -23,734.48%
Jun 30, 2022 268.71%
Sep 30, 2021 192.56%
Dec 31, 2020 -385.57%
Sep 30, 2020 315.94%
Dec 31, 2019 206.33%
Jun 30, 2019 -746.13%
Dec 31, 2018 -516.83%
Sep 30, 2018 -2,665.24%
Jun 30, 2018 -225.41%
Mar 31, 2018 29.84%
Sep 30, 2017 -747.79%