Nelnet Inc (NNI) — Free Cash Flow Generation Index

Latest as of December 2025: 0.95x

Nelnet Inc (NNI) has a Free Cash Flow Generation Index of 0.95x as of December 2025. Free cash flow of $130.12 Million represents 1% of operating cash flow ($137.62 Million). Read Nelnet Inc (NNI) total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.95x
Free Cash Flow / Operating CF

Free Cash Flow

$130.12 Million
USD

Operating Cash Flow

$137.62 Million
USD

Capital Expenditures

$7.49 Million
USD

Nelnet Inc Free Cash Flow Generation Index (2001–2025)

Historical FCF Generation Index trend for Nelnet Inc across 25 annual periods. Explore Nelnet Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Nelnet Inc (2001–2025)

Year-by-year Free Cash Flow Generation Index for Nelnet Inc. For the full company profile including market capitalisation, see Nelnet Inc (NNI) total market value.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.94x $396.75 Million $422.99 Million $26.24 Million ▼ -3.1%
2024 0.97x $641.99 Million $662.89 Million $20.90 Million ▲ +16.6%
2023 0.83x $358.92 Million $432.03 Million $74.05 Million ▼ -9.0%
2022 0.91x $624.64 Million $684.06 Million $59.42 Million ▲ +2.4%
2021 0.89x $485.92 Million $544.87 Million $58.95 Million ▲ +90.7%
2020 0.47x $99.50 Million $212.81 Million $113.31 Million ▼ -32.3%
2019 0.69x $206.42 Million $298.92 Million $92.50 Million ▲ +28.2%
2018 0.54x $145.87 Million $270.89 Million $125.02 Million ▲ +71.3%
2017 0.31x $71.50 Million $227.51 Million $156.00 Million ▼ -60.3%
2016 0.79x $257.65 Million $325.26 Million $67.60 Million ▼ -17.2%
2015 0.96x $374.60 Million $391.37 Million $16.76 Million ▲ +3.4%
2014 0.93x $330.96 Million $357.45 Million $26.49 Million ▼ -3.2%
2013 0.96x $370.17 Million $387.18 Million $17.01 Million ▼ -1.1%
2012 0.97x $289.37 Million $299.32 Million $9.94 Million ▲ +1.3%
2011 0.95x $296.69 Million $310.86 Million $14.17 Million ▲ +2.1%
2010 0.93x $182.10 Million $194.87 Million $12.77 Million ▼ -6.2%
2009 1.00x $323.50 Million $324.71 Million $1.20 Million ▲ +1.3%
2008 0.98x $315.96 Million $321.10 Million $5.14 Million ▲ +6.2%
2007 0.93x $253.00 Million $273.06 Million $20.06 Million ▲ +22.1%
2006 0.76x $163.30 Million $215.24 Million $51.95 Million ▼ -13.7%
2005 0.88x $139.91 Million $159.11 Million $19.20 Million ▼ -5.6%
2004 0.93x $224.63 Million $241.08 Million $16.46 Million ▲ +4.3%
2003 0.89x $136.64 Million $153.00 Million $16.36 Million ▼ -0.8%
2002 0.90x $120.80 Million $134.21 Million $13.41 Million ▼ -16.4%
2001 1.08x $87.76 Million $81.49 Million $6.26 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).