Nelnet (NNI) Interest Coverage Ratio (2010 - 2026)
Nelnet (NNI) reported Interest Coverage Ratio of 2.1 for Q1 2026, up 4.72% year-over-year from 2.0 in Q1 2025, and up 21.77% quarter-over-quarter from 2.68 in Q4 2025.
Nelnet (NNI) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Nelnet (NNI) has 17 years of Interest Coverage Ratio data on file, last reported at 2.1 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 2.1, up 4.72% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.29 (down 23.75% YoY), and the FY2025 annual result was 2.32, down 39.13% from the prior year.
- Interest Coverage Ratio improved to 2.1 in Q1 2026 per NNI's latest filing, from 2.68 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 0.64 in Q1 2023 and troughed at 5.02 in Q1 2022.
- A 5-year average of 1.86 and a median of 1.74 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2025: Interest Coverage Ratio soared 87.33% in 2023, then slumped 213.24% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 1.38 in 2022, then decreased by 5.96% to 1.46 in 2023, then plunged by 44.56% to 2.11 in 2024, then retreated by 26.83% to 2.68 in 2025, then gained by 21.77% to 2.1 in 2026.
- Business Quant data shows NNI's Interest Coverage Ratio at 2.1 in Q1 2026, 2.68 in Q4 2025, and 2.32 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 40.64 |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 26.52 |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 1.80 |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 1.66 |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | - |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 2.08 |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 0.78 |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 0.12 |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 0.49 |
| 10 | Nelnet | 4.66 Bn | 4.29 Bn | 4.07 Mn | -2.10 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.10 |
| Dec 31, 2025 | -2.68 |
| Sep 30, 2025 | -2.32 |
| Jun 30, 2025 | -2.07 |
| Mar 31, 2025 | -2.20 |
| Dec 31, 2024 | -2.11 |
| Sep 30, 2024 | -1.74 |
| Jun 30, 2024 | -1.49 |
| Mar 31, 2024 | -0.70 |
| Dec 31, 2023 | -1.46 |
| Sep 30, 2023 | -1.25 |
| Jun 30, 2023 | -1.10 |
| Mar 31, 2023 | -0.64 |
| Dec 31, 2022 | -1.38 |
| Sep 30, 2022 | -2.03 |
| Jun 30, 2022 | -1.39 |
| Mar 31, 2022 | -5.02 |
| Dec 31, 2021 | -4.72 |
| Sep 30, 2021 | -3.79 |
| Jun 30, 2021 | -3.87 |