Financial Services -
Financial - Credit Services - NASDAQ - US
$ 13.92
0.651 %
$ 1.49 B
Market Cap
18.32
P/E
INCOME STATEMENT
EFFICIENCY
Earnings Waterfall
Navient Corporation
| Revenue | 1.28 B |
| Cost Of Revenue | -3.12 B |
| Gross Profit | 4.4 B |
| Operating Expenses | 1.28 B |
| Operating Income | 346 M |
| Other Expenses | 118 M |
| 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 | 1 279.0 | 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 | (3 123.0) | 553.0 | 1 207.0 | 964.0 | 984.0 | 984.0 | 966.0 | 951.0 | 918.0 | 987.0 | 0 | 0 |
| Gross Profit | 4 402.0 | 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 | 346.0 | 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 | (33.0) | (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 |