Nelnet (NNI) FCF Margin (2010 - 2026)

Nelnet (NNI) posted quarterly FCF Margin of 147.09% for Q1 2026, up 207.03% quarter-over-quarter from 137.42% in Q4 2025.

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

Nelnet (NNI) has reported FCF Margin for 17 consecutive years, with 147.09% the latest figure, recorded in Q1 2026.

  • In Q1 2026, FCF Margin changed N/A year-over-year to 147.09%; the TTM figure through Mar 2026 stood at 2779.15% (down 530820.0% YoY), while the FY2025 annual figure was 2760.75%, down 1064190.0% from the prior year.
  • FCF Margin grew to 147.09% in Q1 2026 per NNI's latest filing, from 137.42% in the prior quarter.
  • Across five years, FCF Margin topped out at 4131.73% in Q4 2024 and bottomed at 420.4% in Q4 2023.
  • Historically, FCF Margin has averaged 851.93% across 5 years, with a median of 147.09% in 2026.
  • Annual changes were most pronounced in 2022 — FCF Margin plunged 20545642 bps — and 2024, when it soared 455213 bps.
  • Nelnet's FCF Margin stood at 2861.83% in 2022, then slumped by 115 bps to 420.4% in 2023, then surged by 1083 bps to 4131.73% in 2024, then tumbled by 103 bps to 137.42% in 2025, then surged by 207 bps to 147.09% in 2026.
  • Business Quant data shows NNI's FCF Margin at 147.09% in Q1 2026, 137.42% in Q4 2025, and 608.94% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 52.76%
2 Mastercard 506.53 Bn 493.04 Bn - 37.82%
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 22.78%
4 Capital One Financial 136.19 Bn 81.48 Bn - 64.06%
5 PayPal Holdings 52.34 Bn 41.08 Bn - 20.44%
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 50.23%
8 Affirm Holdings 25.93 Bn 24.20 Bn - -3,167.36%
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -1,839.75%
10 Nelnet 4.86 Bn 4.62 Bn -10.19 Mn 147.09%

Historic Data

Download Data
DateValue
Mar 31, 2026 147.09%
Dec 31, 2025 -137.42%
Sep 30, 2025 608.94%
Jun 30, 2025 105.45%
Dec 31, 2024 4,131.73%
Sep 30, 2024 797.88%
Mar 31, 2024 1,372.10%
Dec 31, 2023 -420.40%
Mar 31, 2023 -124.50%
Dec 31, 2022 2,861.83%
Sep 30, 2022 28.56%
Dec 31, 2021 37.67%
Sep 30, 2021 205,484.97%
Jun 30, 2021 -979.16%
Mar 31, 2021 -92.96%
Dec 31, 2020 -6,248.03%
Sep 30, 2020 2,757.31%
Jun 30, 2020 -5,966.10%
Mar 31, 2020 -58,224.66%
Dec 31, 2019 749.64%