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Annual · values202520242023202220212020201920182017201620142013
Operating Cash Flow422.99 M USD662.89 M USD432.98 M USD684.06 M USD544.87 M USD212.81 M USD298.92 M USD270.89 M USD322.27 M USD300.19 M USD357.45 M USD387.18 M USD
Depreciation & Amortization90.62 M USD132.53 M USD145.39 M USD176.25 M USD132.32 M USD198.47 M USD192.66 M USD184.68 M USD137.82 M USD122.55 M USD107.97 M USD79.48 M USD
Stock-Based Compensation13.27 M USD12.04 M USD16.48 M USD14.18 M USD10.67 M USD16.74 M USD6.78 M USD6.54 M USD4.42 M USD4.35 M USD4.70 M USD3.33 M USD
Capital Expenditures26.24 M USD20.90 M USD74.05 M USD59.42 M USD58.95 M USD113.31 M USD92.50 M USD125.02 M USD156.00 M USD67.60 M USD26.49 M USD17.01 M USD
Cash Flow from Investing356.40 M USD2.41 B USD1.94 B USD2.27 B USD1.19 B USD621.22 M USD1.52 B USD-732.35 M USD2.95 B USD3.41 B USD-109.51 M USD496.58 M USD
Cash Flow from Financing-737.14 M USD-3.17 B USD-2.70 B USD-2.79 B USD-1.49 B USD-1.10 B USD-1.79 B USD711.78 M USD-3.50 B USD-3.58 B USD-180.73 M USD-886.52 M USD
Dividends Paid42.99 M USD40.84 M USD39.42 M USD36.61 M USD34.46 M USD31.78 M USD29.48 M USD26.84 M USD24.10 M USD21.19 M USD18.54 M USD18.57 M USD
Stock Buybacks69.35 M USD83.29 M USD28.03 M USD97.69 M USD58.11 M USD73.36 M USD40.41 M USD45.33 M USD68.90 M USD69.09 M USD15.71 M USD13.14 M USD
Free Cash Flow396.75 M USD641.99 M USD358.92 M USD624.64 M USD485.92 M USD99.50 M USD206.42 M USD145.87 M USD166.26 M USD232.59 M USD330.96 M USD370.17 M USD

Nelnet, Inc. is a diversified financial services company specializing in loan servicing, education technology, and payment solutions. Its core operations span several segments, including Loan Servicing and Systems, which handles loan processing, borrower communications, payment collection, and due diligence for a broad portfolio of student and consumer loans. The company’s Education Technology Services and Payments division delivers software and digital tools that support educational institutions and streamline tuition payments worldwide. Nelnet’s Asset Generation and Management segment oversees a range of investment activities, while Nelnet Bank focuses on consumer and student lending. Widely recognized for its scale, Nelnet is among the largest student loan servicers in the United States, servicing a substantial share of the federal student loan market. Beyond financial services, Nelnet maintains a stake in telecommunications through its ownership in fiber and cable providers and invests in start-ups across sectors. Its trusted reputation, comprehensive service offerings, and broad market presence make Nelnet a significant player in facilitating education financing and related technology services globally, impacting both educational institutions and individual borrowers.