Nelnet Inc (NNI) — Cash Flow Reinvestment Rate

Latest as of December 2025: 2.61x

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. Check NNI cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

2.61x
(Capex + Investments) / Operating CF

Total Reinvested

$358.98 Million
Capex + Investments

Operating Cash Flow

$137.62 Million
USD

Capital Expenditures

$7.49 Million
USD

Nelnet Inc Cash Flow Reinvestment Rate (2001–2025)

Historical reinvestment intensity for Nelnet Inc across 25 annual periods. Explore NNI long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Nelnet Inc (2001–2025)

Year-by-year capital reinvestment analysis for Nelnet Inc. For live market cap and broader valuation context, see NNI stock market capitalisation.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow