Nelnet (NNI) Tax Rate: 2009-2024

Historic Tax Rate for Nelnet (NNI) over the last 16 years, with Dec 2024 value amounting to 23.04%.

  • Nelnet's Tax Rate rose 1353.00% to 26.22% in Q3 2025 from the same period last year, while for Sep 2025 it was 24.23%, marking a year-over-year decrease of 121.00%. This contributed to the annual value of 23.04% for FY2024, which is 517.00% down from last year.
  • According to the latest figures from FY2024, Nelnet's Tax Rate is 23.04%, which was down 18.32% from 28.21% recorded in FY2023.
  • Nelnet's 5-year Tax Rate high stood at 28.21% for FY2023, and its period low was 22.39% during FY2020.
  • Its 3-year average for Tax Rate is 24.60%, with a median of 23.04% in 2024.
  • Per our database at Business Quant, Nelnet's Tax Rate skyrocketed by 567bps in 2023 and then tumbled by 517bps in 2024.
  • Nelnet's Tax Rate (Yearly) stood at 22.39% in 2020, then skyrocketed by 68bps to 23.07% in 2021, then slumped by 53bps to 22.54% in 2022, then skyrocketed by 567bps to 28.21% in 2023, then plummeted by 517bps to 23.04% in 2024.