Earnings Summary

Nelnet Inc’s revenue jumped 106.94% since last year same period to $570.45Mn in the Q1 2024. On a quarterly growth basis, Nelnet Inc has generated 13.9% jump in its revenue since last 3-months.

Nelnet Inc’s net profit jumped 176.4% since last year same period to $73.21Mn in the Q1 2024. On a quarterly growth basis, Nelnet Inc has generated 974.04% jump in its net profits since last 3-months.

Nelnet Inc’s net profit margin jumped 33.57% since last year same period to 12.83% in the Q1 2024. On a quarterly growth basis, Nelnet Inc has generated 867.38% jump in its net profit margins since last 3-months.

Nelnet Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 30.27.

Nelnet Inc’s earning per share (EPS) estimates for the current quarter stand at 1.33 - a -3.62% fall from last quarter’s estimates.

Nelnet Inc’s earning per share (EPS) estimates for the current year stand at 1.33.

Nelnet Inc’s earning per share (EPS) jumped 154.93% since last year same period to 1.81 in the Q1 2024. This indicates that the Nelnet Inc has generated 154.93% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Nelnet Inc’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Nelnet Inc’s return on equity (ROE) stands at 0.03.

Nelnet Inc declared 0.28 dividend per share during the earnings announcement for Q1 2024.