NELNET, INC — Cash Flow Charts
2 years of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow
$423M
Free Cash Flow
$397M
Investing Cash Flow
$356M
Financing Cash Flow
$-737M
Capex
$26M
Acquisitions
$0
Stock Buybacks
$69M
Dividends Paid
$43M
Stock-Based Comp
$13M
Debt Issued
$1.39B
Debt Repaid
$760M
D&A
$91M
SBC Allocated Expense
$13M