Financial Statements

Nelnet, Inc. (NNI)

$82.62

+1.32 (+1.62%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 2,6222,3782,3002,144-
Net Income 393352142228173
Stock Dividends -40-77-34-461,995
Dividend Paid -34-32-29-27-24
Retained Earnings 2,9412,6222,3782,3002,144

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 124348345248-
Annual Depreciation 69-22596222404
Capital Expenditure -59--92-125-156
Net PPE 134124348345248

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -139157157142
New Purchases -158-113-104-343-997
Intangible and Goodwill 139157157142142

Nelnet, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Nelnet, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.