Nelnet
NNI
#3195
Rank
$3.48 B
Marketcap
$94.62
Share price
0.47%
Change (1 day)
-2.07%
Change (1 year)

Operating Margin for Nelnet (NNI)

Operating Margin as of May 2024 (TTM): 19.02%

According to Nelnet's latest financial reports and stock price the company's current Operating Margin is 19.02%. At the end of 2022 the company had an Operating Margin of 36.24%.

Operating Margin history for Nelnet from 2004 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202236.24%-11.05%
202140.74%-4.03%
202042.46%135.06%
201918.06%-37.02%
201828.68%-12.51%
201732.78%-33.98%
201649.64%-2.72%
201551.03%-4.54%
201453.46%-2.61%
201354.89%30.22%
201242.15%-13%
201148.45%13.24%
201042.79%6.63%
200940.13%357.72%
20088.77%-13.06%
200710.08%-46.03%
200618.68%-59.56%
200546.20%3.02%
200444.85%186.24%
200315.67%-35.01%
200224.11%111.47%
200111.40%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-159.16%-936.80%๐Ÿ‡บ๐Ÿ‡ธ USA
8.28%-56.47%๐Ÿ‡บ๐Ÿ‡ธ USA
29.92% 57.31%๐Ÿ‡จ๐Ÿ‡ฆ Canada
3.78%-80.11%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.