Nelnet (NNI) Invested Capital (2019 - 2026)
Nelnet's (NNI) quarterly Invested Capital came in at $10.8 billion in Q2 2026, down 5.03% year-over-year from $11.4 billion in Q2 2025, and down 5.4% quarter-over-quarter from $11.4 billion in Q1 2026.
Analysis
Nelnet (NNI) Invested Capital (2019 - 2026) Analysis & Trends
Nelnet (NNI) has reported Invested Capital for 8 consecutive years, with $10.8 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital fell 5.03% year-over-year to $10.8 billion in Q2 2026; TTM through Jun 2026 was $10.8 billion, a 5.03% decrease from a year earlier, with the FY2025 full-year figure at $11.5 billion, down 1.22% from the prior year.
- Invested Capital was $10.8 billion for Q2 2026 at Nelnet, down from $11.4 billion in the prior quarter.
- Over five years, Invested Capital peaked at $19.8 billion in Q1 2022 and troughed at $10.8 billion in Q2 2026.
- A 5-year average of $14.3 billion and a median of $13.3 billion in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital dropped 22.75% in 2024 and declined 1.22% in 2025, its largest moves.
- Over 5 years, Invested Capital stood at $17.8 billion in 2022, then dropped by 15.67% to $15.0 billion in 2023, then dropped by 22.75% to $11.6 billion in 2024, then declined by 1.22% to $11.5 billion in 2025, then retreated by 5.69% to $10.8 billion in 2026.
- The last three Invested Capital figures came in at $10.8 billion (Q2 2026), $11.4 billion (Q1 2026), and $11.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | 6,388.61 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 160.84 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 61.38 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 50.74 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 57.63 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 43.69 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 29.54 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 34.45 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 54.24 Bn |
| 10 | Nelnet | 4.54 Bn | 4.23 Bn | 90.97 Mn | 10.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.81 Bn |
| Mar 31, 2026 | 11.43 Bn |
| Dec 31, 2025 | 11.47 Bn |
| Sep 30, 2025 | 11.48 Bn |
| Jun 30, 2025 | 11.39 Bn |
| Mar 31, 2025 | 12.02 Bn |
| Dec 31, 2024 | 11.61 Bn |
| Sep 30, 2024 | 12.15 Bn |
| Jun 30, 2024 | 12.79 Bn |
| Mar 31, 2024 | 13.82 Bn |
| Dec 31, 2023 | 15.03 Bn |
| Sep 30, 2023 | 15.69 Bn |
| Jun 30, 2023 | 16.30 Bn |
| Mar 31, 2023 | 16.64 Bn |
| Dec 31, 2022 | 17.82 Bn |
| Sep 30, 2022 | 18.21 Bn |
| Jun 30, 2022 | 19.21 Bn |
| Mar 31, 2022 | 19.82 Bn |
| Dec 31, 2021 | 20.57 Bn |
| Sep 30, 2021 | 21.47 Bn |