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| Date | Value |
|---|---|
| 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% |