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Financial Services - Financial - Credit Services - NASDAQ - US
$ 15.14
-0.329 %
$ 1.63 B
Market Cap
19.92
P/E
INCOME STATEMENT
4.92 B REVENUE
183.25%
2.82 B OPERATING INCOME
-3.76%
228 M NET INCOME
-64.65%
EFFICIENCY
Earnings Waterfall Navient Corporation
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Revenue 4.92 B
Cost Of Revenue 4.44 B
Gross Profit 479 M
Operating Expenses 1.28 B
Operating Income 2.82 B
Other Expenses 2.59 B
Net Income 228 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012
REVENUE
Revenue 4 920.0 1 737.0 2 211.0 1 688.0 1 996.0 1 923.0 2 211.0 2 523.0 3 102.0 3 574.0 4 011.0 3 307.0
GROSS PROFIT
Cost Of Revenue 4 441.0 553.0 1 207.0 964.0 984.0 984.0 966.0 951.0 918.0 987.0 0 0
Gross Profit 479.0 1 184.0 1 004.0 724.0 1 012.0 939.0 1 245.0 1 572.0 2 184.0 2 587.0 4 011.0 3 307.0
OPERATING INCOME
Operating Expenses 1 279.0 1 192.0 (1 275.0) (1 156.0) (1 233.0) 2 273.0 966.0 951.0 918.0 987.0 393.0 691.0
Selling, General and Administrative Expenses 401.0 444.0 569.0 497.0 488.0 507.0 519.0 500.0 467.0 458.0 504.0 457.0
Research and Development Expenses 0 0.217 0.266 0.144 0.139 0.0932 0.146 0.22 0 0 0 0
Operating Income 2 819.0 2 929.0 936.0 532.0 763.0 4 196.0 292.0 681.0 996.0 1 149.0 4 404.0 3 998.0
PRE-TAX INCOME
Interest Income Expense 3 557.0 2 102.0 1 316.0 2 046.0 3 488.0 3 668.0 2 971.0 2 441.0 2 074.0 2 063.0 2 210.0 2 561.0
Total Other Income (2 506.0) (42.0) 702.0 (15.0) 39.0 6.0 472.0 427.0 584.0 688.0 (272.0) (74.0)
Pre-Tax Income 313.0 827.0 936.0 532.0 763.0 528.0 764.0 1 108.0 1 600.0 1 837.0 2 087.0 1 437.0
NET INCOME
Tax Provision 85.0 182.0 219.0 120.0 166.0 133.0 472.0 427.0 604.0 688.0 776.0 498.0
Net Income 228.0 645.0 717.0 412.0 597.0 395.0 292.0 681.0 997.0 1 149.0 1 418.0 939.0
EPS 1.87 4.54 4.22 2.13 2.6 1.52 1.06 2.15 2.66 2.74 3.18 1.93