Nelnet Balance Sheet
NYSE: NNIFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Nelnet financial position
At the end of fiscal 2025, Nelnet reported total assets of $14.06 billion, up 2.1% from a year earlier against total liabilities of $10.49 billion. Shareholders' equity stood at $3.69 billion, or 26.2% of assets. The company held $296.0 million in cash and equivalents against $7.78 billion of debt, a net debt position of $7.48 billion.
Debt-to-equity was 2.11.
Summary generated from market data by MetaCap's automated system. Methodology
Nelnet balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 295.98M | 194.52M | 168.11M | 118.15M | 125.56M | 121.25M | 133.91M | 121.35M | 66.75M | 69.65M |
| Property, Plant & Equipment | 75.53M | 95.19M | 127.01M | 122.53M | 119.41M | 123.53M | 348.26M | 344.78M | 248.05M | 123.79M |
| Goodwill | 158.03M | 158.03M | 158.03M | 176.90M | 142.09M | 142.09M | 156.91M | 156.91M | 138.76M | 147.31M |
| Intangible Assets | 29.28M | 36.33M | 44.82M | 63.50M | 52.03M | 75.07M | 81.53M | 114.29M | 38.43M | 47.81M |
| Total Assets | 14.06B | 13.78B | 16.71B | 19.36B | 21.68B | 22.65B | 23.71B | 25.22B | 23.96B | 27.19B |
| Long-Term Debt | 7.78B | 8.31B | 11.83B | 14.64B | 17.63B | 19.32B | 20.53B | — | — | — |
| Total Liabilities | 10.49B | 10.48B | 13.51B | 16.17B | 18.73B | 20.02B | 21.32B | 22.91B | 21.80B | 25.12B |
| Shareholders' Equity | 3.69B | 3.35B | 3.25B | 3.20B | 2.95B | 2.63B | 2.39B | 2.30B | 2.15B | 2.06B |
| Retained Earnings | 3.68B | 3.34B | 3.27B | 3.23B | 2.94B | 2.62B | 2.38B | 2.30B | 2.14B | 2.06B |
| Total Debt | 7.78B | 8.31B | 11.83B | 14.64B | 17.63B | 19.32B | 20.53B | — | — | — |
| Net Cash (Debt) | -7.48B | -8.12B | -11.66B | -14.52B | -17.51B | -19.20B | -20.40B | 121.35M | 66.75M | 69.65M |
This table shows 10 annual periods of Nelnet's balance sheet, from FY 2025 back to FY 2016, across 11 line items including cash & equivalents, property, plant & equipment, goodwill. Values in USD; B = billions, M = millions. Fiscal periods follow NNI's reporting calendar. What is a balance sheet?