Financial Services -
Financial - Credit Services - NYSE - US
$ 108.74
0.555 %
$ 3.95 B
Market Cap
34.74
P/E
INCOME STATEMENT
EFFICIENCY
Earnings Waterfall
Nelnet, Inc.
| Revenue | 2.13 B |
| Cost Of Revenue | 1.55 B |
| Gross Profit | 585 M |
| Operating Expenses | 601 M |
| Operating Income | 944 M |
| Other Expenses | 889 M |
| Net Income | 54.4 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 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||||||||||||
| Revenue | 2 131.1 | 1 405.9 | 1 232.4 | 1 061.1 | 978.6 | 998.3 | 691.6 | 803.3 | 824.3 | 878.2 | 848.1 | 651.2 | 664.1 | 706.9 | 537.6 | 510.4 | 566.7 | 572.0 | 613.3 | 522.7 | 296.1 | 316.1 | 115.1 | 64.9 |
| GROSS PROFIT | ||||||||||||||||||||||||
| Cost Of Revenue | 1 546.1 | 589.6 | 507.1 | 501.8 | 463.5 | 436.2 | 301.9 | 255.9 | 247.9 | 228.1 | 196.2 | 192.8 | 178.0 | 356.8 | 125.0 | 8.3 | 192.2 | 223.6 | 140.1 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 585.0 | 816.3 | 725.2 | 559.3 | 515.1 | 562.2 | 389.7 | 547.4 | 576.3 | 650.1 | 651.9 | 458.4 | 486.2 | 350.1 | 412.5 | 502.0 | 374.5 | 348.4 | 473.2 | 522.7 | 296.1 | 316.1 | 115.1 | 64.9 |
| OPERATING INCOME | ||||||||||||||||||||||||
| Operating Expenses | 600.6 | 834.4 | (723.3) | (607.8) | (801.3) | 1 459.0 | 1 023.0 | 886.0 | 782.0 | 735.0 | 678.0 | 724.0 | 657.0 | 726.0 | 779.0 | 1 466.0 | 2 017.0 | 1 681.0 | 895.0 | (288.3) | (249.8) | (240.3) | (3.9) | (1.4) |
| Selling, General and Administrative Expenses | 591.5 | 589.6 | 507.1 | 501.8 | 463.5 | 436.2 | 301.9 | 255.9 | 247.9 | 228.1 | 196.2 | 192.8 | 178.0 | 178.2 | 171.6 | 183.4 | 302.3 | 286.0 | 187.9 | 145.1 | 134.5 | 118.4 | 77.4 | 0 |
| Research and Development Expenses | 0 | 3.7 | 0.351 | 0.253 | 0.0952 | 3.9 | 0.179 | 0.342 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 943.6 | 950.7 | 509.1 | 453.3 | 177.3 | 956.6 | (27.2) | 398.8 | 420.6 | 469.5 | 465.5 | 200.1 | 7.2 | 302.5 | 215.7 | 44.7 | 57.1 | 106.9 | 283.9 | 234.4 | 46.3 | 75.8 | 111.2 | 63.5 |
| PRE-TAX INCOME | ||||||||||||||||||||||||
| Interest Income Expense | 845.1 | 430.1 | 176.2 | 330.1 | 699.3 | 669.9 | 465.2 | 388.2 | 302.2 | 273.2 | 230.9 | 268.6 | 228.3 | 232.9 | 384.9 | 1 117.1 | 1 502.7 | 1 241.2 | 620.1 | 254.6 | 196.7 | 235.0 | 0 | 0 |
| Total Other Income | (869.4) | 1 190.7 | 1 211.7 | 1 113.8 | 454.4 | 499.3 | 253.9 | (206.8) | (202.7) | (197.6) | (255.4) | (19.6) | 0 | 113.4 | (33.1) | (26.1) | (59.7) | (31.1) | (22.4) | (42.1) | 0.1 | 0.4 | (98.1) | (56.8) |
| Pre-Tax Income | 74.2 | 509.5 | 502.1 | 450.5 | 176.7 | 286.3 | 226.7 | 398.8 | 420.6 | 469.5 | 465.5 | 274.5 | 321.8 | 302.5 | 215.7 | 44.7 | 57.1 | 106.9 | 283.3 | 234.4 | 46.4 | 76.2 | 13.1 | 6.7 |
| NET INCOME | ||||||||||||||||||||||||
| Tax Provision | 19.8 | 113.2 | 115.8 | 100.9 | 35.5 | 58.8 | 64.9 | 141.3 | 152.4 | 160.2 | 161.2 | 96.1 | 117.5 | 113.4 | 76.6 | 17.9 | 21.7 | 38.5 | 102.2 | 85.2 | 19.3 | 27.7 | 6.0 | 2.2 |
| Net Income | 91.5 | 407.3 | 393.3 | 352.4 | 141.8 | 227.9 | 173.2 | 256.8 | 268.0 | 307.6 | 302.7 | 178.0 | 204.3 | 189.0 | 139.1 | 28.7 | 35.4 | 68.2 | 181.1 | 149.2 | 27.1 | 48.5 | 7.1 | 4.5 |
| EPS | 2.39 | 10.6 | 10.2 | 9.02 | 3.54 | 5.64 | 4.14 | 6.02 | 5.89 | 6.62 | 6.5 | 3.76 | 4.24 | 3.82 | 2.79 | 0.58 | 0.66 | 1.27 | 3.37 | 2.78 | 0.6 | 1.08 | 0.16 | 0.11 |