Nelnet (NNI) Interest Coverage Ratio (2010 - 2026)
Nelnet's (NNI) quarterly Interest Coverage Ratio came in at 1.55 in Q2 2026, down 29.04% year-over-year from 2.18 in Q2 2025, and down 29.11% quarter-over-quarter from 1.2 in Q1 2026.
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Analysis
Nelnet (NNI) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Nelnet (NNI) has reported Interest Coverage Ratio for 17 consecutive years, with 1.55 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 29.04% year-over-year to 1.55 in Q2 2026; TTM through Jun 2026 was 1.39, a 21.14% decrease from a year earlier, with the FY2025 full-year figure at 1.3, down 36.09% from the prior year.
- Interest Coverage Ratio was 1.55 for Q2 2026 at Nelnet, down from 1.2 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 3.23 in Q4 2022 and troughed at 2.18 in Q1 2022.
- A 5-year average of 0.88 and a median of 1.03 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio soared 301.33% in 2022 and tumbled 129.03% in 2023, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 3.23 in 2022, then plunged by 129.03% to 0.94 in 2023, then slumped by 43.69% to 1.35 in 2024, then declined by 27.38% to 1.72 in 2025, then rose by 9.64% to 1.55 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.55 (Q2 2026), 1.2 (Q1 2026), and 1.72 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | 0.09 |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 1.77 |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 1.90 |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 2.28 |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.67 |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 1.83 |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 2.52 |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 1.80 |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | -1.27 |
| 10 | Nelnet | 4.54 Bn | 4.23 Bn | 90.97 Mn | -1.55 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.55 |
| Mar 31, 2026 | -1.20 |
| Dec 31, 2025 | -1.72 |
| Sep 30, 2025 | -1.12 |
| Jun 30, 2025 | -1.20 |
| Mar 31, 2025 | -1.02 |
| Dec 31, 2024 | -1.35 |
| Sep 30, 2024 | -1.04 |
| Jun 30, 2024 | -0.83 |
| Mar 31, 2024 | -0.70 |
| Dec 31, 2023 | -0.94 |
| Sep 30, 2023 | -0.67 |
| Jun 30, 2023 | -0.59 |
| Mar 31, 2023 | -0.64 |
| Dec 31, 2022 | 3.23 |
| Sep 30, 2022 | -0.98 |
| Jun 30, 2022 | -1.39 |
| Mar 31, 2022 | -2.18 |
| Dec 31, 2021 | -1.60 |
| Sep 30, 2021 | -2.03 |