Nelnet (NNI) Interest Coverage Ratio (2016 - 2025)

Nelnet (NNI) has disclosed Interest Coverage Ratio for 10 consecutive years, with 2.14 as the latest value for Q3 2025.

  • On a quarterly basis, Interest Coverage Ratio fell 22.8% to 2.14 in Q3 2025 year-over-year; TTM through Dec 2025 was 3.05, a 62.57% decrease, with the full-year FY2024 number at 0.44, changed N/A from a year prior.
  • Interest Coverage Ratio was 2.14 for Q3 2025 at Nelnet, down from 2.07 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 0.66 in Q1 2023 to a low of 7.19 in Q1 2021.
  • A 5-year average of 2.64 and a median of 2.06 in 2022 define the central range for Interest Coverage Ratio.
  • Peak YoY movement for Interest Coverage Ratio: plummeted 434.05% in 2021, then soared 86.77% in 2023.
  • Nelnet's Interest Coverage Ratio stood at 5.01 in 2021, then surged by 69.77% to 1.51 in 2022, then increased by 15.19% to 1.28 in 2023, then plummeted by 147.11% to 3.17 in 2024, then skyrocketed by 32.43% to 2.14 in 2025.
  • Per Business Quant, the three most recent readings for NNI's Interest Coverage Ratio are 2.14 (Q3 2025), 2.07 (Q2 2025), and 2.2 (Q1 2025).