NELNET, INC. (NNI) Return on equity 2016–2017
NELNET, INC. (NNI) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
8.1%FY2017 · since FY2016: 12.5% → 8.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2017 | 8.1% | -4.4 pp |
| FY2016 | 12.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice