Nelnet Inc (NNI) — Cash Flow Reinvestment Rate
Nelnet Inc (NNI) has a Cash Flow Reinvestment Rate of 2.61x as of December 2025, reinvesting $358.98 Million (capex $7.49 Million plus investments $-351.48 Million) from operating cash flow of $137.62 Million. See cash generation quality of Nelnet Inc to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Nelnet Inc Cash Flow Reinvestment Rate (2001–2025)
Historical reinvestment intensity for Nelnet Inc across 25 annual periods. For the full cash flow conversion analysis, see NNI operating cash flow.
Annual Cash Flow Reinvestment Rate for Nelnet Inc (2001–2025)
Year-by-year capital reinvestment analysis for Nelnet Inc. See Nelnet Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.62x | $260.21 Million | $422.99 Million | $26.24 Million | ▼ -83.2% |
| 2024 | 3.67x | $2.43 Billion | $662.89 Million | $20.90 Million | ▼ -17.1% |
| 2023 | 4.43x | $1.91 Billion | $432.03 Million | $74.05 Million | ▲ +29.9% |
| 2022 | 3.41x | $2.33 Billion | $684.06 Million | $59.42 Million | ▲ +164.1% |
| 2021 | 1.29x | $703.07 Million | $544.87 Million | $58.95 Million | ▼ -72.2% |
| 2020 | 4.65x | $988.82 Million | $212.81 Million | $113.31 Million | ▼ -20.3% |
| 2019 | 5.83x | $1.74 Billion | $298.92 Million | $92.50 Million | ▲ +133.7% |
| 2018 | 2.49x | $675.79 Million | $270.89 Million | $125.02 Million | ▼ -82.7% |
| 2017 | 14.40x | $3.28 Billion | $227.51 Million | $156.00 Million | ▲ +32.0% |
| 2016 | 10.91x | $3.55 Billion | $325.26 Million | $67.60 Million | ▲ +185.6% |
| 2015 | 3.82x | $1.49 Billion | $391.37 Million | $16.76 Million | ▲ +1808.4% |
| 2014 | 0.20x | $71.54 Million | $357.45 Million | $26.49 Million | ▼ -91.1% |
| 2013 | 2.25x | $870.13 Million | $387.18 Million | $17.01 Million | ▲ +13.7% |
| 2012 | 1.98x | $591.51 Million | $299.32 Million | $9.94 Million | ▼ -55.9% |
| 2011 | 4.49x | $1.39 Billion | $310.86 Million | $14.17 Million | ▲ +6744.9% |
| 2010 | 0.07x | $12.77 Million | $194.87 Million | $12.77 Million | ▲ +1667.3% |
| 2009 | 0.00x | $1.20 Million | $324.71 Million | $1.20 Million | ▼ -76.8% |
| 2008 | 0.02x | $5.14 Million | $321.10 Million | $5.14 Million | ▼ -78.2% |
| 2007 | 0.07x | $20.06 Million | $273.06 Million | $20.06 Million | ▼ -69.6% |
| 2006 | 0.24x | $51.95 Million | $215.24 Million | $51.95 Million | ▲ +100.0% |
| 2005 | 0.12x | $19.20 Million | $159.11 Million | $19.20 Million | ▲ +76.7% |
| 2004 | 0.07x | $16.46 Million | $241.08 Million | $16.46 Million | ▼ -36.2% |
| 2003 | 0.11x | $16.36 Million | $153.00 Million | $16.36 Million | ▲ +7.0% |
| 2002 | 0.10x | $13.41 Million | $134.21 Million | $13.41 Million | ▲ +30.0% |
| 2001 | 0.08x | $6.26 Million | $81.49 Million | $6.26 Million | — |