Navient Co. SR NT 6% 121543 (JSM) Financials

$19.53 +0.12 (+0.62%)

Closing price 04:00 PM Eastern

Extended Trading

$19.50 -0.03 (-0.13%)

As of 04:04 PM Eastern

Annual Income Statements for Navient Co. SR NT 6% 121543

This table shows Navient Co. SR NT 6% 121543's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	1,131	984	681	292	395	597	412	717	645	228	131
Consolidated Net Income / (Loss)	1,137	984	681	292	395	597	412	717	645	228	131
Net Income / (Loss) Continuing Operations	1,137	983	681	292	395	597	412	717	645	228	131
Total Pre-Tax Income	1,818	1,580	1,108	764	528	763	532	936	827	313	174
Total Revenue	3,574	3,123	2,524	2,208	1,942	2,041	1,682	2,138	1,737	1,271	1,152
Net Interest Income / (Expense)	2,667	2,221	1,705	1,412	1,240	1,185	1,252	1,332	1,121	862	536
Total Interest Income	4,739	4,303	4,146	4,383	4,908	4,673	3,298	2,648	3,223	4,419	3,809
Investment Securities Interest Income	4,739	4,303	4,146	4,383	4,908	4,673	3,298	2,648	3,223	4,419	3,809
Total Interest Expense	2,063	2,074	2,441	2,971	3,668	3,488	2,046	1,316	2,102	3,557	3,273
Total Non-Interest Income	907	902	819	796	702	856	430	806	616	409	616
Service Charges on Deposit Accounts	-	-	304	290	274	240	214	168	77	64	54
Other Service Charges	380	357	7.00	9.00	17	45	20	30	32	21	30
Net Realized & Unrealized Capital Gains on Investments	139	178	118	22	-19	83	-262	69	171	3.00	261
Other Non-Interest Income	388	367	390	475	430	488	458	539	336	321	271
Provision for Credit Losses	647	581	429	426	370	258	155	-61	79	123	113
Total Non-Interest Expense	1,109	962	987	1,018	1,044	1,020	995	1,263	831	835	865
Salaries and Employee Benefits	479	467	500	519	507	488	497	569	444	401	316
Other Operating Expenses	508	451	451	447	477	496	467	638	332	399	364
Amortization Expense	9.00	12	36	23	47	30	22	30	19	10	146
Restructuring Charge	113	32	0.00	29	13	6.00	9.00	26	36	25	39
Income Tax Expense	681	597	427	472	133	166	120	219	182	85	43
Basic Earnings per Share	$2.71	$2.62	$2.15	$1.06	$1.52	$2.59	$2.14	$4.23	$4.54	$1.87	$1.20
Weighted Average Basic Shares Outstanding	417M	376M	316M	275M	260M	230M	193M	170M	142M	122M	109M
Diluted Earnings per Share	$2.66	$2.58	$2.12	$1.04	$1.49	$2.56	$2.12	$4.18	$4.49	$1.85	$1.18
Weighted Average Diluted Shares Outstanding	425M	382M	322M	281M	264M	233M	195M	172M	144M	123M	111M
Weighted Average Basic & Diluted Shares Outstanding	417.20M	374.80M	291.01M	275M	259.90M	193.33M	183.77M	152.13M	128.94M	112.75M	102.28M
Cash Dividends to Common per Share	$0.60	$0.64	$0.64	$0.64	$0.64	$0.64	$0.64	$0.64	$0.64	$0.64	$0.64

This table shows Navient Co. SR NT 6% 121543's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	105	111	66	79	-28	73	36	-2.00	24	-2.00	14
Consolidated Net Income / (Loss)	105	111	66	79	-28	73	36	-2.00	24	-2.00	14
Net Income / (Loss) Continuing Operations	105	111	66	79	-28	73	36	-2.00	24	-2.00	14
Total Pre-Tax Income	114	144	96	110	-37	88	48	12	26	-5.00	18
Total Revenue	332	322	307	422	220	287	247	396	222	156	156
Net Interest Income / (Expense)	223	234	178	291	159	152	130	120	134	130	128
Total Interest Income	1,024	1,071	1,097	1,170	1,081	1,027	973	948	861	802	778
Investment Securities Interest Income	1,300	1,071	1,097	1,170	1,081	1,027	973	948	861	802	778
Total Interest Expense	801	837	919	879	922	875	843	828	727	672	650
Total Non-Interest Income	109	88	129	131	61	135	117	276	88	26	28
Service Charges on Deposit Accounts	18	17	16	15	16	17	18	13	6.00	13	14
Other Service Charges	9.00	7.00	4.00	5.00	5.00	9.00	4.00	10	7.00	15	19
Net Realized & Unrealized Capital Gains on Investments	11	-8.00	26	26	-41	32	14	183	32	-25	-5.00
Other Non-Interest Income	71	72	83	85	81	77	81	70	43	23	0.00
Provision for Credit Losses	-	-14	11	72	54	12	14	42	45	30	37
Total Non-Interest Expense	185	192	200	240	203	187	185	342	151	131	101
Salaries and Employee Benefits	108	105	98	99	99	101	87	72	56	49	35
Other Operating Expenses	63	80	84	134	101	82	79	112	91	78	65
Amortization Expense	2.00	3.00	3.00	3.00	1.00	3.00	3.00	140	-	1.00	1.00
Restructuring Charge	12	4.00	15	4.00	2.00	1.00	16	18	4.00	3.00	0.00
Income Tax Expense	9.00	33	30	31	-9.00	15	12	14	2.00	-3.00	4.00
Basic Earnings per Share	$0.87	$0.87	$0.53	$0.66	($0.19)	$0.65	$0.32	($0.02)	$0.25	($0.02)	$0.14
Weighted Average Basic Shares Outstanding	142M	129M	124M	120M	122M	113M	111M	108M	109M	102M	100M
Diluted Earnings per Share	$0.85	$0.86	$0.52	$0.65	($0.18)	$0.64	$0.32	($0.02)	$0.24	($0.02)	$0.13
Weighted Average Diluted Shares Outstanding	144M	130M	125M	121M	123M	114M	112M	108M	111M	102M	101M
Weighted Average Basic & Diluted Shares Outstanding	128.94M	126.46M	121.60M	117.57M	112.75M	111.82M	109.41M	107.36M	102.28M	101.33M	99.43M
Cash Dividends to Common per Share	$0.16	$0.16	$0.16	$0.16	$0.16	$0.16	$0.16	$0.16	$0.16	$0.16	$0.16

This table details how cash moves in and out of Navient Co. SR NT 6% 121543's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-3,747	151	-474	-66	616	-1,481	-244	41	1,229	-2,014	-690
Net Cash From Operating Activities	1,664	1,910	1,347	1,158	1,140	1,019	987	702	305	676	459
Net Cash From Continuing Operating Activities	1,664	1,910	1,347	1,155	1,140	1,019	987	702	305	676	459
Net Income / (Loss) Continuing Operations	1,137	984	681	292	395	597	412	717	645	228	131
Consolidated Net Income / (Loss)	1,137	984	681	292	395	597	412	717	645	228	131
Provision For Loan Losses	647	581	429	426	370	258	155	-61	79	123	113
Amortization Expense	9.00	12	36	23	47	30	22	30	19	10	146
Non-Cash Adjustments to Reconcile Net Income	-758	-773	-303	-48	43	94	364	-416	-571	179	-143
Changes in Operating Assets and Liabilities, net	629	1,106	504	462	285	40	34	432	133	136	212
Net Cash From Investing Activities	-1,653	10,686	11,282	7,118	10,360	7,485	6,448	6,673	10,585	7,357	8,466
Net Cash From Continuing Investing Activities	-1,653	10,686	11,282	7,118	10,360	7,485	6,448	6,673	10,585	7,357	8,466
Purchase of Investment Securities	-14,493	-4,265	-3,690	-7,371	-3,728	-5,395	-4,731	-6,052	-1,955	-965	-1,393
Sale and/or Maturity of Investments	804	798	14,972	14,673	115	408	11,179	12,725	12,540	8,322	9,500
Other Investing Activities, net	12,036	14,153	0.00	-184	13,973	12,472	0.00	0.00	0.00	0.00	359
Net Cash From Financing Activities	-3,758	-12,445	-13,103	-8,342	-10,884	-9,985	-7,679	-7,334	-9,661	-10,047	-9,615
Net Cash From Continuing Financing Activities	-3,758	-12,445	-13,103	-8,342	-10,884	-9,985	-7,679	-7,334	-9,661	-10,047	-9,615
Issuance of Debt	1,817	5,504	1,231	10,053	495	0.00	682	1,237	0.00	989	0.00
Repayment of Debt	-3,480	-16,519	-13,140	-17,746	-10,831	-9,209	-7,646	-8,061	-9,259	-10,547	-9,287
Repurchase of Common Equity	-600	-945	-755	-440	-220	-440	-400	-600	-400	-310	-179
Payment of Dividends	-2,472	-240	-201	-176	-166	-147	-123	-107	-91	-78	-70
Other Financing Activities, Net	251	-245	-238	-33	-162	-189	-192	197	89	-101	-79
Cash Interest Paid	1,983	1,981	2,301	2,872	3,460	3,479	2,059	1,378	1,904	3,431	3,238
Cash Income Taxes Paid	592	102	253	158	63	97	74	201	42	62	41

This table details how cash moves in and out of Navient Co. SR NT 6% 121543's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	895	-2,029	490	-467	-8.00	155	1,058	-1,213	-690	-48	22
Net Cash From Operating Activities	207	145	99	122	310	182	279	-10	8.00	71	126
Net Cash From Continuing Operating Activities	207	145	99	122	310	182	279	-10	8.00	71	126
Net Income / (Loss) Continuing Operations	105	111	66	79	-28	73	36	-2.00	24	-2.00	13
Consolidated Net Income / (Loss)	105	111	66	79	-28	73	36	-2.00	24	-2.00	13
Provision For Loan Losses	17	-14	11	71	55	12	14	42	45	30	37
Amortization Expense	2.00	3.00	2.00	3.00	2.00	3.00	2.00	140	1.00	1.00	1.00
Non-Cash Adjustments to Reconcile Net Income	20	74	-16	-45	166	-31	13	-97	-28	60	45
Changes in Operating Assets and Liabilities, net	63	-29	36	14	115	125	214	-93	-34	-18	30
Net Cash From Investing Activities	3,773	1,848	1,826	1,659	2,024	2,330	3,268	1,961	907	661	745
Net Cash From Continuing Investing Activities	3,773	1,848	1,826	1,659	2,024	2,330	3,268	1,961	907	661	745
Purchase of Investment Securities	-190	-274	-164	-303	-224	-363	-247	-407	-376	-630	-449
Sale and/or Maturity of Investments	12,451	4.00	-3.00	5.00	8,316	14	-6.00	351	9,141	52	2,408
Other Investing Activities, net	-8,488	2,118	1,993	1,957	-6,068	2,679	3,521	2,017	-7,858	1,239	-1,214
Net Cash From Financing Activities	-3,085	-4,022	-1,435	-2,248	-2,342	-2,357	-2,489	-3,164	-1,605	-780	-849
Net Cash From Continuing Financing Activities	-3,085	-4,022	-1,435	-2,248	-2,342	-2,357	-2,489	-3,164	-1,605	-780	-849
Issuance of Debt	-2,978	189	1,427	208	-835	201	283	13	-497	543	-48
Repayment of Debt	-19	-4,048	-2,791	-2,276	-1,432	-2,451	-2,710	-3,135	-991	-1,267	-796
Repurchase of Common Equity	-85	-85	-80	-75	-70	-43	-38	-33	-65	-35	-24
Payment of Dividends	-22	-21	-19	-19	-19	-18	-17	-18	-17	-16	-16
Other Financing Activities, Net	19	-57	28	-86	14	-46	-7.00	9.00	-35	-5.00	35
Cash Interest Paid	696	845	843	880	863	866	814	851	707	703	611

This table presents Navient Co. SR NT 6% 121543's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	146,352	134,046	121,136	114,991	104,176	94,903	87,412	80,605	70,795	61,375	51,789
Cash and Due from Banks	1,443	1,594	1,253	1,518	1,286	1,233	1,183	905	1,535	839	722
Restricted Cash	3,926	7,291	7,034	3,128	3,976	2,548	2,354	2,673	3,272	1,954	1,381
Trading Account Securities	6.00	506	353	2.00	0.00	19	15	74	0.00	0.00	143
Loans and Leases, Net of Allowance	0.00	122,796	111,070	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	369	705	670	810	786	757	735	725	705	695	437
Other Assets	140,608	16,767	4,529	109,533	98,128	90,346	83,125	76,228	65,116	57,741	79,958
Total Liabilities & Shareholders' Equity	146,352	134,046	121,136	114,991	104,176	94,903	87,412	80,605	70,795	61,375	51,789
Total Liabilities	142,154	130,113	117,413	111,506	100,629	91,554	84,965	77,997	67,818	58,615	49,148
Short-Term Debt	2,663	2,570	2,334	4,771	5,422	8,483	6,613	2,490	5,870	4,226	5,134
Long-Term Debt	136,866	124,833	112,368	105,012	93,519	81,715	77,332	74,488	61,026	53,402	43,184
Other Long-Term Liabilities	2,625	2,710	2,711	1,723	1,688	1,356	1,020	1,019	922	987	830
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,198	3,933	3,723	3,485	3,547	3,349	2,447	2,608	2,977	2,760	2,641
Total Preferred & Common Equity	4,198	3,909	3,699	3,454	3,519	3,336	2,433	2,597	0.00	0.00	2,641
Preferred Stock	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,198	3,909	3,699	3,454	3,519	3,336	2,433	2,597	2,977	2,760	2,641
Common Stock	2,897	2,971	3,026	3,081	3,149	3,202	3,230	3,286	3,317	3,357	3,384
Retained Earnings	1,724	2,414	2,890	3,004	3,218	3,664	3,331	3,939	4,490	4,638	4,697
Treasury Stock	-432	-1,425	-2,223	-2,692	-2,961	-3,439	-3,854	-4,495	-4,917	-5,254	-5,443
Accumulated Other Comprehensive Income / (Loss)	9.00	-51	6.00	61	113	-91	-274	-133	87	19	3.00

This table presents Navient Co. SR NT 6% 121543's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	76,065	73,625	66,913	65,598	63,414	59,029	56,622	53,440	50,950	50,222
Cash and Due from Banks	976	1,364	570	1,317	977	823	1,088	1,143	642	712
Restricted Cash	2,460	5,059	2,208	1,951	1,824	2,125	2,918	1,650	1,413	1,365
Trading Account Securities	65	62	57	158	149	129	132	140	125	135
Loans and Leases, Net of Allowance	0.00	194,264	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	718	708	703	700	697	692	690	438	437	436
Other Assets	2,964	4,297	81,650	79,204	77,100	71,868	68,032	66,074	78,577	77,192
Total Liabilities & Shareholders' Equity	76,065	73,625	66,913	65,598	63,414	59,029	56,622	53,440	50,950	50,222
Total Liabilities	73,138	70,652	63,955	62,668	60,516	56,263	53,874	50,746	48,361	47,658
Short-Term Debt	4,609	5,677	5,753	4,838	4,662	4,427	5,326	5,305	4,855	4,752
Long-Term Debt	67,738	63,998	57,388	56,936	54,907	50,848	47,545	44,695	42,872	42,345
Other Long-Term Liabilities	791	977	814	894	947	988	1,003	746	634	561
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,927	2,973	2,958	2,930	2,898	2,766	2,748	2,694	2,589	2,564
Total Preferred & Common Equity	2,927	2,973	2,958	0.00	2,898	2,766	2,748	2,694	2,589	2,564
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,927	2,973	2,958	2,930	2,898	2,766	2,748	2,694	2,589	2,564
Common Stock	3,309	3,313	3,339	3,347	3,353	3,364	3,371	3,378	3,394	3,398
Retained Earnings	4,323	4,406	4,579	4,625	4,685	4,691	4,710	4,690	4,677	4,674
Treasury Stock	-4,735	-4,830	-5,026	-5,107	-5,183	-5,304	-5,343	-5,377	-5,484	-5,508
Accumulated Other Comprehensive Income / (Loss)	30	84	66	65	43	15	10	3.00	2.00	0.00

This table displays calculated financial ratios and metrics derived from Navient Co. SR NT 6% 121543's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-11.82%	-12.62%	-19.18%	-12.52%	-12.05%	5.10%	-17.59%	27.11%	-18.76%	-26.83%	-9.36%
EBITDA Growth	-13.00%	-12.86%	-28.14%	-31.21%	-26.94%	37.91%	-30.14%	74.37%	-12.42%	-61.82%	-0.93%
EBIT Growth	-12.89%	-13.09%	-29.87%	-31.05%	-30.89%	44.51%	-30.28%	75.94%	-11.65%	-62.15%	-44.41%
NOPAT Growth	-13.27%	-13.54%	-30.72%	-57.12%	35.27%	51.14%	-30.99%	74.03%	-10.04%	-64.65%	-42.54%
Net Income Growth	-19.76%	-13.46%	-30.79%	-57.12%	35.27%	51.14%	-30.99%	74.03%	-10.04%	-64.65%	-42.54%
EPS Growth	-14.74%	-3.01%	-17.83%	-50.94%	43.27%	71.81%	-17.19%	97.17%	7.42%	-58.80%	-36.22%
Operating Cash Flow Growth	-16.80%	14.78%	-29.48%	-14.03%	-1.55%	-10.61%	-3.14%	-28.88%	-56.55%	121.64%	-32.10%
Free Cash Flow Firm Growth	108.72%	-0.90%	1.63%	-59.91%	105.08%	-14.65%	-20.66%	-0.58%	37.68%	-6.23%	-1.58%
Invested Capital Growth	-7.92%	-8.62%	-9.83%	-4.35%	-9.52%	-8.72%	-7.65%	-7.88%	-12.20%	-13.57%	-15.61%
Revenue Q/Q Growth	-2.11%	0.58%	-7.48%	-0.81%	-6.18%	2.87%	-0.18%	-1.47%	-7.80%	-8.10%	0.17%
EBITDA Q/Q Growth	3.57%	1.99%	-31.99%	-42.93%	-11.40%	16.62%	2.40%	-19.37%	7.22%	-43.92%	24.03%
EBIT Q/Q Growth	3.65%	1.80%	-33.05%	-43.32%	-12.58%	17.57%	2.70%	-20.54%	9.39%	-44.70%	56.76%
NOPAT Q/Q Growth	3.65%	2.40%	-15.82%	-43.95%	65.27%	19.88%	3.78%	-21.55%	21.93%	-36.84%	65.82%
Net Income Q/Q Growth	-1.47%	2.18%	-15.82%	-43.95%	65.27%	19.88%	3.78%	-21.55%	21.93%	-36.84%	65.82%
EPS Q/Q Growth	0.00%	6.17%	-11.67%	-42.54%	61.96%	23.67%	8.72%	-16.90%	20.38%	-35.76%	55.26%
Operating Cash Flow Q/Q Growth	-23.77%	26.66%	-13.93%	0.96%	26.81%	-22.57%	-1.69%	-0.43%	14.66%	17.98%	-39.68%
Free Cash Flow Firm Q/Q Growth	0.00%	253.53%	5.41%	-32.26%	3.70%	-7.61%	9.00%	-8.81%	14.77%	-7.86%	-2.96%
Invested Capital Q/Q Growth	4.29%	-2.71%	-3.65%	-1.84%	-2.25%	-1.56%	-2.36%	-1.92%	-3.82%	-3.33%	-3.29%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	51.12%	50.98%	45.32%	35.64%	29.61%	38.85%	32.94%	45.18%	48.70%	25.41%	27.78%
EBIT Margin	50.87%	50.59%	43.90%	34.60%	27.19%	37.38%	31.63%	43.78%	47.61%	24.63%	15.10%
Profit (Net Income) Margin	31.81%	31.51%	26.98%	13.22%	20.34%	29.25%	24.49%	33.54%	37.13%	17.94%	11.37%
Tax Burden Percent	62.54%	62.28%	61.46%	38.22%	74.81%	78.24%	77.44%	76.60%	77.99%	72.84%	75.29%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	37.46%	37.78%	38.54%	61.78%	25.19%	21.76%	22.56%	23.40%	22.01%	27.16%	24.71%
Return on Invested Capital (ROIC)	0.76%	0.71%	0.55%	0.25%	0.37%	0.61%	0.46%	0.86%	0.86%	0.35%	0.24%
ROIC Less NNEP Spread (ROIC-NNEP)	0.76%	0.72%	0.55%	0.25%	0.37%	0.61%	0.46%	0.86%	0.86%	0.35%	0.24%
Return on Net Nonoperating Assets (RNNOA)	22.35%	23.49%	17.24%	7.85%	10.87%	16.71%	13.76%	27.50%	22.23%	7.60%	4.62%
Return on Equity (ROE)	23.11%	24.20%	17.79%	8.10%	11.23%	17.31%	14.22%	28.37%	23.10%	7.95%	4.85%
Cash Return on Invested Capital (CROIC)	9.00%	9.72%	10.88%	4.70%	10.36%	9.73%	8.41%	9.07%	13.86%	14.91%	17.17%
Operating Return on Assets (OROA)	1.19%	1.13%	0.87%	0.65%	0.48%	0.77%	0.58%	1.11%	1.09%	0.47%	0.31%
Return on Assets (ROA)	0.74%	0.70%	0.53%	0.25%	0.36%	0.60%	0.45%	0.85%	0.85%	0.35%	0.23%
Return on Common Equity (ROCE)	21.77%	24.13%	17.68%	8.04%	11.14%	17.21%	14.15%	28.23%	23.05%	7.95%	4.85%
Return on Equity Simple (ROE_SIMPLE)	27.08%	25.17%	18.41%	8.45%	11.22%	17.90%	16.93%	27.61%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	1,137	983	681	292	395	597	412	717	645	228	131
NOPAT Margin	31.81%	31.48%	26.98%	13.22%	20.34%	29.25%	24.49%	33.54%	37.13%	17.94%	11.37%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	13.40%	14.95%	19.81%	23.51%	26.11%	23.91%	29.55%	26.61%	25.56%	31.55%	27.43%
Operating Expenses to Revenue	31.03%	30.80%	39.10%	46.11%	53.76%	49.98%	59.16%	59.07%	47.84%	65.70%	75.09%
Earnings before Interest and Taxes (EBIT)	1,818	1,580	1,108	764	528	763	532	936	827	313	174
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,827	1,592	1,144	787	575	793	554	966	846	323	320
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.36	0.71	0.95	0.75	0.50	0.74	0.66	1.19	0.69	0.76	0.54
Price to Tangible Book Value (P/TBV)	1.49	0.87	1.16	0.98	0.65	0.96	0.94	1.66	0.91	1.02	0.65
Price to Revenue (P/Rev)	1.60	0.89	1.39	1.17	0.91	1.21	0.95	1.45	1.19	1.65	1.24
Price to Earnings (P/E)	5.06	2.84	5.16	8.86	4.47	4.13	3.88	4.32	3.19	9.21	10.89
Dividend Yield	3.23%	8.31%	5.52%	6.51%	9.36%	5.74%	7.46%	3.33%	4.21%	3.58%	4.82%
Earnings Yield	19.78%	35.25%	19.39%	11.29%	22.38%	24.21%	25.79%	23.14%	31.32%	10.86%	9.18%
Enterprise Value to Invested Capital (EV/IC)	0.97	0.92	0.93	0.95	0.93	0.95	0.95	0.96	0.92	0.94	0.93
Enterprise Value to Revenue (EV/Rev)	39.14	38.85	43.56	48.80	49.16	43.56	48.76	35.79	36.93	44.80	41.36
Enterprise Value to EBITDA (EV/EBITDA)	76.56	76.21	96.11	136.92	166.04	112.10	148.05	79.20	75.83	176.27	148.88
Enterprise Value to EBIT (EV/EBIT)	76.94	76.79	99.23	141.04	180.82	116.51	154.17	81.74	77.57	181.90	273.80
Enterprise Value to NOPAT (EV/NOPAT)	123.02	123.43	161.46	369.02	241.70	148.91	199.08	106.71	99.46	249.71	363.68
Enterprise Value to Operating Cash Flow (EV/OCF)	84.06	63.53	81.63	93.05	83.75	87.24	83.10	108.99	210.32	84.22	103.79
Enterprise Value to Free Cash Flow (EV/FCFF)	10.37	9.07	8.09	19.78	8.54	9.32	10.84	10.17	6.19	5.86	4.98
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	33.24	32.39	30.81	31.50	27.89	26.93	34.31	29.52	22.47	20.88	18.30
Long-Term Debt to Equity	32.60	31.74	30.18	30.13	26.37	24.40	31.60	28.56	20.50	19.35	16.35
Financial Leverage	29.47	32.83	31.62	31.14	29.68	27.43	30.05	31.83	25.76	21.71	19.62
Leverage Ratio	31.09	34.49	33.33	32.76	31.17	28.87	31.46	33.24	27.11	23.04	20.95
Compound Leverage Factor	31.09	34.49	33.33	32.76	31.17	28.87	31.46	33.24	27.11	23.04	20.95
Debt to Total Capital	97.08%	97.01%	96.86%	96.92%	96.54%	96.42%	97.17%	96.72%	95.74%	95.43%	94.82%
Short-Term Debt to Total Capital	1.85%	1.96%	1.97%	4.21%	5.29%	9.07%	7.65%	3.13%	8.40%	7.00%	10.07%
Long-Term Debt to Total Capital	95.23%	95.05%	94.89%	92.71%	91.25%	87.35%	89.51%	93.59%	87.34%	88.43%	84.74%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.02%	0.02%	0.03%	0.03%	0.01%	0.02%	0.01%	0.00%	0.00%	0.00%
Common Equity to Total Capital	2.92%	2.98%	3.12%	3.05%	3.43%	3.57%	2.82%	3.26%	4.26%	4.57%	5.18%
Debt to EBITDA	76.37	80.03	100.26	139.50	172.07	113.74	151.53	79.69	79.07	178.41	150.99
Net Debt to EBITDA	73.43	74.45	93.02	133.59	162.92	108.97	145.14	75.98	73.39	169.77	144.42
Long-Term Debt to EBITDA	74.91	78.41	98.22	133.43	162.64	103.05	139.59	77.11	72.13	165.33	134.95
Debt to NOPAT	122.72	129.61	168.43	375.97	250.48	151.09	203.75	107.36	103.71	252.75	368.84
Net Debt to NOPAT	117.99	120.57	156.26	360.06	237.16	144.75	195.17	102.37	96.26	240.50	352.79
Long-Term Debt to NOPAT	120.37	126.99	165.00	359.63	236.76	136.88	187.70	103.89	94.61	234.22	329.65
Noncontrolling Interest Sharing Ratio	5.79%	0.30%	0.63%	0.76%	0.84%	0.59%	0.47%	0.49%	0.20%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	13,495	13,374	13,592	5,449	11,175	9,538	7,567	7,523	10,358	9,713	9,560
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	6.54	6.45	5.57	1.83	3.05	2.73	3.70	5.72	4.93	2.73	2.92
Operating Cash Flow to Interest Expense	0.81	0.92	0.55	0.39	0.31	0.29	0.48	0.53	0.15	0.19	0.14
Operating Cash Flow Less CapEx to Interest Expense	0.81	0.92	0.55	0.39	0.31	0.29	0.48	0.53	0.15	0.19	0.14
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.03	0.02	0.02	0.02
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	143,727	131,336	118,425	113,268	102,488	93,547	86,392	79,586	69,873	60,388	50,959
Invested Capital Turnover	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.03	0.02	0.02	0.02
Increase / (Decrease) in Invested Capital	-12,358	-12,391	-12,911	-5,157	-10,780	-8,941	-7,155	-6,806	-9,713	-9,485	-9,429
Enterprise Value (EV)	139,877	121,334	109,951	107,755	95,472	88,896	82,020	76,509	64,149	56,935	47,642
Market Capitalization	5,717	2,792	3,512	2,587	1,765	2,466	1,598	3,098	2,060	2,100	1,427
Book Value per Share	$10.23	$10.79	$12.20	$13.13	$13.64	$15.09	$13.06	$16.11	$21.95	$23.48	$24.60
Tangible Book Value per Share	$9.33	$8.84	$9.99	$10.05	$10.59	$11.67	$9.12	$11.61	$16.75	$17.56	$20.53
Total Capital	143,727	131,336	118,425	113,268	102,488	93,547	86,392	79,586	69,873	60,388	50,959
Total Debt	139,529	127,403	114,702	109,783	98,941	90,198	83,945	76,978	66,896	57,628	48,318
Total Long-Term Debt	136,866	124,833	112,368	105,012	93,519	81,715	77,332	74,488	61,026	53,402	43,184
Net Debt	134,160	118,518	106,415	105,137	93,679	86,417	80,408	73,400	62,089	54,835	46,215
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	-1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	139,529	127,403	114,702	109,783	98,941	90,198	83,945	76,978	66,896	57,628	48,318
Total Depreciation and Amortization (D&A)	9.00	12	36	23	47	30	22	30	19	10	146
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$2.15	$1.06	$1.52	$2.59	$2.14	$4.23	$4.54	$1.87	$1.20
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	316M	275M	260M	230M	193M	170M	142M	122M	109M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$2.12	$1.04	$1.49	$2.56	$2.12	$4.18	$4.49	$1.85	$1.18
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	322M	281M	264M	233M	195M	172M	144M	123M	111M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	291.01M	263.39M	244.51M	193.33M	183.77M	152.13M	128.94M	112.75M	102.28M
Normalized Net Operating Profit after Tax (NOPAT)	1,208	1,003	681	555	405	602	419	737	673	246	160
Normalized NOPAT Margin	33.79%	32.11%	26.98%	25.14%	20.84%	29.48%	24.91%	34.47%	38.75%	19.37%	13.92%
Pre Tax Income Margin	50.87%	50.59%	43.90%	34.60%	27.19%	37.38%	31.63%	43.78%	47.61%	24.63%	15.10%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.88	0.76	0.45	0.26	0.14	0.22	0.26	0.71	0.39	0.09	0.05
NOPAT to Interest Expense	0.55	0.47	0.28	0.10	0.11	0.17	0.20	0.54	0.31	0.06	0.04
EBIT Less CapEx to Interest Expense	0.88	0.76	0.45	0.26	0.14	0.22	0.26	0.71	0.39	0.09	0.05
NOPAT Less CapEx to Interest Expense	0.55	0.47	0.28	0.10	0.11	0.17	0.20	0.54	0.31	0.06	0.04
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	217.41%	24.39%	29.52%	60.27%	42.03%	24.62%	29.85%	14.92%	14.11%	34.21%	53.44%
Augmented Payout Ratio	270.18%	120.43%	140.38%	210.96%	97.72%	98.33%	126.94%	98.61%	76.12%	170.18%	190.08%

This table displays calculated financial ratios and metrics derived from Navient Co. SR NT 6% 121543's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-30.69%	-42.50%	-32.53%	8.21%	-33.73%	-10.87%	-19.54%	-6.16%	0.91%	-45.64%	-36.84%
EBITDA Growth	1,762.50%	-56.25%	-60.32%	-23.13%	-123.49%	-38.10%	-48.98%	34.51%	177.14%	-104.40%	-62.00%
EBIT Growth	1,937.50%	-56.63%	-60.66%	-19.71%	-125.17%	-38.89%	-50.00%	-89.09%	170.27%	-105.68%	-62.50%
NOPAT Growth	1,975.00%	-56.47%	-63.33%	-24.76%	-124.67%	-34.23%	-45.45%	-102.53%	192.66%	-104.79%	-61.11%
Net Income Growth	1,054.55%	-56.47%	-63.33%	-24.76%	-126.67%	-34.23%	-45.45%	-102.53%	185.71%	-102.74%	-61.11%
EPS Growth	844.44%	-48.50%	-57.38%	-13.33%	-121.18%	-25.58%	-38.46%	-103.08%	233.33%	-103.13%	-59.38%
Operating Cash Flow Growth	23.21%	233.03%	-28.78%	79.41%	49.76%	25.52%	181.82%	-108.20%	-97.42%	-60.99%	-54.84%
Free Cash Flow Firm Growth	44.37%	66.39%	41.81%	19.29%	-3.66%	-29.10%	-14.24%	-4.77%	-0.06%	-5.04%	-34.52%
Invested Capital Growth	-12.20%	-14.66%	-14.04%	-14.01%	-13.57%	-12.19%	-14.04%	-15.65%	-15.61%	-13.31%	-10.71%
Revenue Q/Q Growth	-14.87%	-3.01%	-4.66%	37.46%	-47.87%	30.45%	-13.94%	60.32%	-43.94%	-29.73%	0.00%
EBITDA Q/Q Growth	1.36%	-1.34%	-33.33%	15.31%	-130.97%	360.00%	-45.05%	204.00%	-82.24%	-114.81%	575.00%
EBIT Q/Q Growth	7.30%	-2.04%	-33.33%	14.58%	-133.64%	337.84%	-45.45%	-75.00%	116.67%	-119.23%	460.00%
NOPAT Q/Q Growth	0.00%	5.71%	-40.54%	19.70%	-132.78%	381.85%	-50.68%	-105.56%	1,300.00%	-114.58%	500.00%
Net Income Q/Q Growth	0.00%	5.71%	-40.54%	19.70%	-135.44%	360.71%	-50.68%	-105.56%	1,300.00%	-108.33%	800.00%
EPS Q/Q Growth	13.33%	1.18%	-39.53%	25.00%	-127.69%	455.56%	-50.00%	-106.25%	1,300.00%	-108.33%	750.00%
Operating Cash Flow Q/Q Growth	204.41%	-29.95%	-31.72%	23.23%	154.10%	-41.29%	53.30%	-103.58%	180.00%	787.50%	77.46%
Free Cash Flow Firm Q/Q Growth	14.15%	16.82%	-7.26%	-3.54%	-7.81%	-14.04%	12.18%	7.13%	-3.25%	-18.32%	-22.66%
Invested Capital Q/Q Growth	-3.82%	-5.40%	-2.11%	-3.46%	-3.33%	-3.89%	-4.17%	-5.26%	-3.29%	-1.26%	-1.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	44.88%	45.65%	31.92%	26.78%	-15.91%	31.71%	20.24%	38.38%	12.16%	-2.56%	12.18%
EBIT Margin	44.28%	44.72%	31.27%	26.07%	-16.82%	30.66%	19.43%	3.03%	11.71%	-3.21%	11.54%
Profit (Net Income) Margin	31.63%	34.47%	21.50%	18.72%	-12.73%	25.44%	14.57%	-0.51%	10.81%	-1.28%	8.97%
Tax Burden Percent	92.11%	77.08%	68.75%	71.82%	75.68%	82.95%	75.00%	-16.67%	92.31%	40.00%	77.78%
Interest Burden Percent	77.55%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	7.89%	22.92%	31.25%	28.18%	0.00%	17.05%	25.00%	116.67%	7.69%	0.00%	22.22%
Return on Invested Capital (ROIC)	0.74%	0.72%	0.42%	0.38%	-0.23%	0.51%	0.28%	-0.01%	0.22%	-0.04%	0.16%
ROIC Less NNEP Spread (ROIC-NNEP)	0.74%	0.72%	0.42%	0.38%	-0.23%	0.51%	0.28%	-0.01%	0.22%	-0.04%	0.16%
Return on Net Nonoperating Assets (RNNOA)	18.94%	17.14%	9.50%	8.44%	-5.06%	10.48%	5.75%	-0.20%	4.39%	-0.76%	2.98%
Return on Equity (ROE)	19.67%	17.86%	9.92%	8.82%	-5.29%	10.98%	6.04%	-0.21%	4.61%	-0.80%	3.14%
Cash Return on Invested Capital (CROIC)	13.86%	16.52%	15.66%	15.60%	14.91%	13.29%	15.37%	17.11%	17.17%	14.36%	11.38%
Operating Return on Assets (OROA)	1.02%	0.92%	0.60%	0.53%	-0.32%	0.60%	0.37%	0.06%	0.24%	-0.06%	0.20%
Return on Assets (ROA)	0.73%	0.71%	0.41%	0.38%	-0.24%	0.50%	0.28%	-0.01%	0.22%	-0.02%	0.16%
Return on Common Equity (ROCE)	19.63%	17.84%	9.92%	8.82%	-5.29%	10.98%	6.04%	-0.21%	4.61%	-0.80%	3.14%
Return on Equity Simple (ROE_SIMPLE)	0.00%	16.94%	0.00%	12.46%	0.00%	6.87%	5.82%	2.93%	0.00%	2.16%	1.33%
Net Operating Profit after Tax (NOPAT)	105	111	66	79	-26	73	36	-2.00	24	-3.50	14
NOPAT Margin	31.63%	34.47%	21.50%	18.72%	-11.77%	25.44%	14.57%	-0.51%	10.81%	-2.24%	8.97%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	32.53%	32.61%	31.92%	23.46%	45.00%	35.19%	35.22%	18.18%	25.23%	31.41%	22.44%
Operating Expenses to Revenue	55.72%	59.63%	65.15%	56.87%	92.27%	65.16%	74.90%	86.36%	68.02%	83.97%	64.74%
Earnings before Interest and Taxes (EBIT)	147	144	96	110	-37	88	48	12	26	-5.00	18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	149	147	98	113	-35	91	50	152	27	-4.00	19
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.69	0.66	0.77	0.69	0.76	0.71	0.59	0.63	0.54	0.50	0.56
Price to Tangible Book Value (P/TBV)	0.91	0.87	1.01	0.91	1.02	0.94	0.79	0.76	0.65	0.60	0.67
Price to Revenue (P/Rev)	1.19	1.31	1.67	1.45	1.65	1.59	1.38	1.48	1.24	1.27	1.54
Price to Earnings (P/E)	3.19	3.91	5.84	5.57	9.21	10.31	10.18	21.59	10.89	23.07	42.02
Dividend Yield	4.21%	4.21%	3.58%	3.87%	3.58%	3.84%	4.40%	4.11%	4.82%	5.07%	4.54%
Earnings Yield	31.32%	25.55%	17.14%	17.96%	10.86%	9.70%	9.83%	4.63%	9.18%	4.34%	2.38%
Enterprise Value to Invested Capital (EV/IC)	0.92	0.94	0.94	0.94	0.94	0.94	0.91	0.93	0.93	0.93	0.94
Enterprise Value to Revenue (EV/Rev)	36.93	41.58	44.98	42.50	44.80	43.92	42.94	42.53	41.36	46.00	49.95
Enterprise Value to EBITDA (EV/EBITDA)	75.83	86.32	107.36	102.05	176.27	203.32	230.56	189.58	148.88	208.73	239.43
Enterprise Value to EBIT (EV/EBIT)	77.57	88.53	110.68	103.85	181.90	211.23	241.59	440.66	273.80	579.80	910.76
Enterprise Value to NOPAT (EV/NOPAT)	99.46	124.40	157.01	162.82	249.71	285.72	315.58	619.15	363.68	838.64	1,366.14
Enterprise Value to Operating Cash Flow (EV/OCF)	210.32	111.49	117.08	102.58	84.22	76.14	56.54	64.27	103.79	134.95	238.20
Enterprise Value to Free Cash Flow (EV/FCFF)	6.19	5.26	5.55	5.58	5.86	6.58	5.46	4.96	4.98	6.04	7.75
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	22.47	21.35	21.08	20.56	20.88	19.98	19.24	18.56	18.30	18.43	18.37
Long-Term Debt to Equity	20.50	19.40	19.43	18.95	19.35	18.38	17.30	16.59	16.35	16.56	16.52
Financial Leverage	25.76	23.80	22.90	22.01	21.71	20.69	20.19	19.59	19.62	19.23	18.82
Leverage Ratio	27.11	25.06	24.19	23.34	23.04	22.00	21.53	20.90	20.95	20.54	20.11
Compound Leverage Factor	21.02	25.06	24.19	23.34	23.04	22.00	21.53	20.90	20.95	20.54	20.11
Debt to Total Capital	95.74%	95.52%	95.47%	95.36%	95.43%	95.23%	95.06%	94.89%	94.82%	94.85%	94.84%
Short-Term Debt to Total Capital	8.40%	8.70%	7.48%	7.46%	7.00%	7.63%	9.58%	10.07%	10.07%	9.65%	9.57%
Long-Term Debt to Total Capital	87.34%	86.82%	87.99%	87.90%	88.43%	87.61%	85.48%	84.82%	84.74%	85.21%	85.27%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	4.26%	4.48%	4.53%	4.64%	4.57%	4.77%	4.94%	5.11%	5.18%	5.15%	5.16%
Debt to EBITDA	79.07	87.45	109.14	103.42	178.41	207.02	241.42	193.80	150.99	212.12	242.77
Net Debt to EBITDA	73.39	83.61	103.37	98.56	169.77	195.98	223.13	182.97	144.42	202.99	232.06
Long-Term Debt to EBITDA	72.13	79.48	100.59	95.32	165.33	190.44	217.10	173.24	134.95	190.54	218.27
Debt to NOPAT	103.71	126.03	159.62	165.01	252.75	290.92	330.44	632.91	368.84	852.27	1,385.21
Net Debt to NOPAT	96.26	120.49	151.18	157.25	240.50	275.41	305.41	597.56	352.79	815.57	1,324.12
Long-Term Debt to NOPAT	94.61	114.55	147.12	152.10	234.22	267.62	297.16	565.76	329.65	765.57	1,245.44
Noncontrolling Interest Sharing Ratio	0.20%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	9,818	11,469	10,636	10,260	9,459	8,131	9,121	9,771	9,453	7,722	5,972
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	12.26	13.70	11.57	11.67	10.26	9.29	10.82	11.80	13.00	11.49	9.19
Operating Cash Flow to Interest Expense	0.26	0.17	0.11	0.14	0.34	0.21	0.33	-0.01	0.01	0.11	0.19
Operating Cash Flow Less CapEx to Interest Expense	0.26	0.17	0.11	0.14	0.34	0.21	0.33	-0.01	0.01	0.11	0.19
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	69,873	66,099	64,704	62,467	60,388	58,041	55,619	52,694	50,959	50,316	49,661
Invested Capital Turnover	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Increase / (Decrease) in Invested Capital	-9,713	-11,358	-10,570	-10,181	-9,485	-8,058	-9,085	-9,773	-9,429	-7,725	-5,958
Enterprise Value (EV)	64,149	62,324	60,764	58,778	56,935	54,286	50,493	48,913	47,642	46,964	46,449
Market Capitalization	2,060	1,961	2,258	2,010	2,100	1,959	1,628	1,706	1,427	1,292	1,429
Book Value per Share	$21.95	$22.94	$23.17	$23.83	$23.48	$24.48	$24.57	$24.62	$24.60	$25.31	$25.30
Tangible Book Value per Share	$16.75	$17.49	$17.63	$18.10	$17.56	$18.35	$18.40	$20.62	$20.53	$21.04	$21.00
Total Capital	69,873	66,099	64,704	62,467	60,388	58,041	55,619	52,694	50,959	50,316	49,661
Total Debt	66,896	63,141	61,774	59,569	57,628	55,275	52,871	50,000	48,318	47,727	47,097
Total Long-Term Debt	61,026	57,388	56,936	54,907	53,402	50,848	47,545	44,695	43,184	42,872	42,345
Net Debt	62,089	60,363	58,506	56,768	54,835	52,327	48,865	47,207	46,215	45,672	45,020
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	2.10	0.00	0.00	0.00	0.00	-1.50	0.00
Net Nonoperating Obligations (NNO)	66,896	63,141	61,774	59,569	57,628	55,275	52,871	50,000	48,318	47,727	47,097
Total Depreciation and Amortization (D&A)	2.00	3.00	2.00	3.00	2.00	3.00	2.00	140	1.00	1.00	1.00
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.87	$0.87	$0.53	$0.66	($0.19)	$0.65	$0.32	($0.02)	$0.25	($0.02)	$0.14
Adjusted Weighted Average Basic Shares Outstanding	142M	129M	124M	120M	122M	113M	111M	108M	109M	102M	100M
Adjusted Diluted Earnings per Share	$0.85	$0.86	$0.52	$0.65	($0.18)	$0.64	$0.32	($0.02)	$0.24	($0.02)	$0.13
Adjusted Weighted Average Diluted Shares Outstanding	144M	130M	125M	121M	123M	114M	112M	108M	111M	102M	101M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	128.94M	126.46M	121.60M	117.57M	112.75M	111.82M	109.41M	107.36M	102.28M	101.33M	99.43M
Normalized Net Operating Profit after Tax (NOPAT)	116	114	76	82	-25	74	48	21	28	-1.40	14
Normalized NOPAT Margin	34.96%	35.43%	24.86%	19.40%	-11.14%	25.72%	19.43%	5.30%	12.47%	-0.90%	8.97%
Pre Tax Income Margin	34.34%	44.72%	31.27%	26.07%	-16.82%	30.66%	19.43%	3.03%	11.71%	-3.21%	11.54%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.18	0.17	0.10	0.13	-0.04	0.10	0.06	0.01	0.04	-0.01	0.03
NOPAT to Interest Expense	0.13	0.13	0.07	0.09	-0.03	0.08	0.04	0.00	0.03	-0.01	0.02
EBIT Less CapEx to Interest Expense	0.18	0.17	0.10	0.13	-0.04	0.10	0.06	0.01	0.04	-0.01	0.03
NOPAT Less CapEx to Interest Expense	0.13	0.13	0.07	0.09	-0.03	0.08	0.04	0.00	0.03	-0.01	0.02
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	14.11%	17.56%	21.71%	22.44%	34.21%	39.47%	45.63%	91.14%	53.44%	121.43%	197.06%
Augmented Payout Ratio	76.12%	91.42%	110.85%	112.47%	170.18%	180.53%	186.88%	324.05%	190.08%	426.79%	658.82%

Key Financial Trends

Navient Corporation's most recent financial data in Q2 2025 indicates several key trends when compared with the prior quarters over the last four years:

Net Income Improvement: Navient reported a consolidated net income of $13 million in Q2 2025, a rebound from a net loss of $2 million in Q1 2025, showing recovery in profitability this quarter.
Strong Operating Cash Flows: The company generated $126 million in net cash from operating activities in Q2 2025, up from $71 million in Q1 2025, suggesting improving operational cash generation.
Substantial Investing Cash Inflows: Net cash from investing activities was $745 million positive in Q2 2025, reflecting significant sale/maturity of investment securities ($2.4 billion) versus purchases ($449 million), boosting liquidity.
Reduced Debt Levels: Navient repaid $796 million of debt in Q2 2025, more than its new issuance of $48 million, indicating efforts to deleverage its balance sheet.
Consistent Dividend Payments: The cash dividend per share of $0.16 has remained consistent Q over Q, suggesting steady shareholder returns.

Stable Interest Income: Total interest income in Q2 2025 was $778 million, relatively flat compared to previous quarters, indicating consistent revenue from investments.
Provision for Loan Losses: Provisions for credit losses remain elevated at $37 million in Q2 2025, stable compared to prior quarters, signaling ongoing credit risk management but without new deterioration.
Amortization Expense Consistent: The amortization expense held steady at $1 million in Q2 2025, indicating no major changes in intangible asset amortization.
Shares Outstanding Stable: Weighted average basic shares outstanding were about 100 million in Q2 2025, showing no significant dilution recently.

Net Interest Income Slight Decline: Net interest income dropped slightly from $130 million in Q1 2025 to $128 million in Q2 2025, reflecting minor compression in interest margins or expense increase.
High Interest Expense: Interest expense remains high at $650 million in Q2 2025, outpacing interest income by a wide margin and limiting net interest income.
Total Non-Interest Expense Pressure: Non-interest expenses, including salaries and other operating expenses, totaled approximately $101 million in Q2 2025 but down from Q1; nevertheless, elevated expenses weigh on profitability.
Repurchased Common Equity: Despite repaying debt, Navient repurchased shares worth $24 million in Q2 2025, which could pressure liquidity in a challenging revenue environment.
Balance Sheet Size Declining Slightly: Total assets decreased from about $50.95 billion in Q1 2025 to $50.22 billion in Q2 2025; liabilities mirrored this decline, reflecting a smaller balance sheet potentially due to loan paydowns or asset sales.

Trend Summary: Over the last several quarters, Navient has moved from losses in early 2025 toward modest profitability in Q2 2025, supported by strong cash flow from operations and investing activities. The company appears to be actively managing its debt levels and returning capital to shareholders through dividends and share repurchases. However, interest expense remains substantial, limiting net interest income, and provisions for loan losses stay consistent, keeping credit risk elevated. Overall, the financials suggest a cautious but improving outlook, with Navient strengthening liquidity while managing expenses and credit risks.

09/05/25 03:56 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About Navient Co. SR NT 6% 121543's Financials

When does Navient Co. SR NT 6% 121543's financial year end?

According to the most recent income statement we have on file, Navient Co. SR NT 6% 121543's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Navient Co. SR NT 6% 121543's net income changed over the last 10 years?

Navient Co. SR NT 6% 121543's net income appears to be on a downward trend, with a most recent value of $131 million in 2024, falling from $1.14 billion in 2014. The previous period was $228 million in 2023.

How has Navient Co. SR NT 6% 121543's revenue changed over the last 10 years?

Over the last 10 years, Navient Co. SR NT 6% 121543's total revenue changed from $3.57 billion in 2014 to $1.15 billion in 2024, a change of -67.8%.

How much debt does Navient Co. SR NT 6% 121543 have?

Navient Co. SR NT 6% 121543's total liabilities were at $49.15 billion at the end of 2024, a 16.2% decrease from 2023, and a 65.4% decrease since 2014.

How much cash does Navient Co. SR NT 6% 121543 have?

In the past 10 years, Navient Co. SR NT 6% 121543's cash and equivalents has ranged from $722 million in 2024 to $1.59 billion in 2015, and is currently $722 million as of their latest financial filing in 2024.

How has Navient Co. SR NT 6% 121543's book value per share changed over the last 10 years?

Over the last 10 years, Navient Co. SR NT 6% 121543's book value per share changed from 10.23 in 2014 to 24.60 in 2024, a change of 140.4%.

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This page (NASDAQ:JSM) was last updated on 9/5/2025 by MarketBeat.com Staff

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Navient Co. SR NT 6% 121543 (JSM) Financials

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Navient Co. SR NT 6% 121543 (JSM) Financials

Annual Income Statements for Navient Co. SR NT 6% 121543

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Annual Cash Flow Statements for Navient Co. SR NT 6% 121543

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