Nelnet Past Earnings Performance
Past criteria checks 1/6
Nelnet's earnings have been declining at an average annual rate of -3.4%, while the Consumer Finance industry saw earnings growing at 17.7% annually. Revenues have been growing at an average rate of 4.9% per year. Nelnet's return on equity is 2.7%, and it has net margins of 9.1%.
Key information
-3.4%
Earnings growth rate
-2.5%
EPS growth rate
| Consumer Finance Industry Growth | 9.8% |
| Revenue growth rate | 4.9% |
| Return on equity | 2.7% |
| Net Margin | 9.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Nelnet makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,261 | 115 | 592 | 0 |
| 30 Jun 24 | 1,290 | 157 | 587 | 0 |
| 31 Mar 24 | 1,253 | 138 | 594 | 0 |
| 31 Dec 23 | 1,177 | 92 | 601 | 0 |
| 30 Sep 23 | 1,217 | 129 | 599 | 0 |
| 30 Jun 23 | 1,281 | 189 | 605 | 0 |
| 31 Mar 23 | 1,331 | 247 | 599 | 0 |
| 31 Dec 22 | 1,516 | 407 | 598 | 0 |
| 30 Sep 22 | 1,601 | 509 | 593 | 0 |
| 30 Jun 22 | 1,513 | 458 | 574 | 0 |
| 31 Mar 22 | 1,482 | 456 | 552 | 0 |
| 31 Dec 21 | 1,359 | 393 | 518 | 0 |
| 30 Sep 21 | 1,233 | 496 | 515 | 0 |
| 30 Jun 21 | 1,250 | 514 | 513 | 0 |
| 31 Mar 21 | 1,262 | 517 | 513 | 0 |
| 31 Dec 20 | 1,105 | 352 | 517 | 0 |
| 30 Sep 20 | 1,098 | 160 | 504 | 0 |
| 30 Jun 20 | 1,059 | 122 | 494 | 0 |
| 31 Mar 20 | 975 | 60 | 486 | 0 |
| 31 Dec 19 | 1,029 | 142 | 477 | 0 |
| 30 Sep 19 | 978 | 121 | 454 | 0 |
| 30 Jun 19 | 969 | 131 | 452 | 0 |
| 31 Mar 19 | 990 | 156 | 452 | 0 |
| 31 Dec 18 | 1,051 | 228 | 437 | 0 |
| 30 Sep 18 | 973 | 254 | 404 | 0 |
| 30 Jun 18 | 930 | 258 | 364 | 0 |
| 31 Mar 18 | 870 | 237 | 328 | 0 |
| 31 Dec 17 | 801 | 173 | 303 | 0 |
| 30 Sep 17 | 855 | 223 | 289 | 0 |
| 30 Jun 17 | 874 | 261 | 278 | 0 |
| 31 Mar 17 | 818 | 259 | 265 | 0 |
| 31 Dec 16 | 862 | 257 | 257 | 0 |
| 30 Sep 16 | 846 | 244 | 253 | 0 |
| 30 Jun 16 | 802 | 208 | 252 | 0 |
| 31 Mar 16 | 905 | 252 | 250 | 0 |
| 31 Dec 15 | 871 | 268 | 248 | 0 |
| 30 Sep 15 | 789 | 255 | 244 | 0 |
| 30 Jun 15 | 802 | 291 | 242 | 0 |
| 31 Mar 15 | 790 | 295 | 237 | 0 |
| 31 Dec 14 | 895 | 308 | 228 | 0 |
| 30 Sep 14 | 880 | 302 | 220 | 0 |
| 30 Jun 14 | 910 | 280 | 207 | 0 |
| 31 Mar 14 | 955 | 306 | 201 | 0 |
| 31 Dec 13 | 917 | 300 | 196 | 0 |
Quality Earnings: NIJ has high quality earnings.
Growing Profit Margin: NIJ's current net profit margins (9.1%) are lower than last year (10.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NIJ's earnings have declined by 3.4% per year over the past 5 years.
Accelerating Growth: NIJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NIJ had negative earnings growth (-10.8%) over the past year, making it difficult to compare to the Consumer Finance industry average (3.2%).
Return on Equity
High ROE: NIJ's Return on Equity (2.7%) is considered low.