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NELNET INC（NNI）与WORLD ACCEPTANCE CORP（WRLD）财务数据对比。点击上方公司名可切换其他公司
WORLD ACCEPTANCE CORP的季度营收约是NELNET INC的1.3倍（$141.3M vs $107.1M）。NELNET INC净利率更高（53.9% vs -0.6%，领先54.6%）。NELNET INC同比增速更快（33.8% vs 1.9%）。NELNET INC自由现金流更多（$130.1M vs $57.2M）。过去两年NELNET INC的营收复合增速更高（20.1% vs -5.8%）
Nelnet（耐尔奈特）是总部位于美国内布拉斯加州林肯市的综合性企业集团，核心业务涵盖金融服务领域，主营学生贷款、消费贷款的发放与服务，同时设有投资板块与互联网银行，还持有有线电视及网络服务商Allo Fiber 26%的股权。
本公司是一家汽车金融企业，主营汽车贷款及相关金融产品，业务通过全国合作经销商网络开展。目前公司运营两大核心业务项目，分别为投资组合项目与收购项目，通过这两个项目，公司可向汽车经销商预先提供资金，以此获得底层消费贷款的服务权等相关权益。
NNI vs WRLD — 直观对比
营收规模更大
WRLD
是对方的1.3倍
$107.1M
营收增速更快
NNI
高出31.9%
1.9%
净利率更高
NNI
高出54.6%
-0.6%
自由现金流更多
NNI
多$73.0M
$57.2M
两年增速更快
NNI
近两年复合增速
-5.8%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $107.1M | $141.3M |
| 净利润 | $57.8M | $-911.3K |
| 毛利率 | 50.5% | — |
| 营业利润率 | — | -0.7% |
| 净利率 | 53.9% | -0.6% |
| 营收同比 | 33.8% | 1.9% |
| 净利润同比 | -8.8% | -106.8% |
| 每股收益（稀释后） | $1.62 | $-0.19 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NNIWRLD
| Q4 25 | $107.1M | $141.3M | ||
| Q3 25 | $85.3M | $134.5M | ||
| Q2 25 | $79.4M | $132.5M | ||
| Q1 25 | $82.7M | $165.3M | ||
| Q4 24 | $80.1M | $138.6M | ||
| Q3 24 | $72.2M | $131.4M | ||
| Q2 24 | $66.4M | $129.5M | ||
| Q1 24 | $74.2M | $159.3M |
净利润NNIWRLD
| Q4 25 | $57.8M | $-911.3K | ||
| Q3 25 | $106.7M | $-1.9M | ||
| Q2 25 | $181.5M | $1.3M | ||
| Q1 25 | $82.6M | $44.3M | ||
| Q4 24 | $63.4M | $13.4M | ||
| Q3 24 | $2.4M | $22.1M | ||
| Q2 24 | $45.1M | $9.9M | ||
| Q1 24 | $73.2M | $35.1M |
毛利率NNIWRLD
| Q4 25 | 50.5% | — | ||
| Q3 25 | 29.6% | — | ||
| Q2 25 | 29.8% | — | ||
| Q1 25 | 30.5% | — | ||
| Q4 24 | 13.7% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 27.3% | — | ||
| Q1 24 | 15.3% | — |
营业利润率NNIWRLD
| Q4 25 | — | -0.7% | ||
| Q3 25 | — | -1.3% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 33.3% | ||
| Q4 24 | 97.7% | 11.6% | ||
| Q3 24 | -3.1% | 21.3% | ||
| Q2 24 | 88.0% | 10.0% | ||
| Q1 24 | — | 29.3% |
净利率NNIWRLD
| Q4 25 | 53.9% | -0.6% | ||
| Q3 25 | 125.1% | -1.4% | ||
| Q2 25 | 228.4% | 1.0% | ||
| Q1 25 | 99.8% | 26.8% | ||
| Q4 24 | 79.1% | 9.7% | ||
| Q3 24 | 3.3% | 16.8% | ||
| Q2 24 | 67.9% | 7.7% | ||
| Q1 24 | 98.6% | 22.0% |
每股收益（稀释后）NNIWRLD
| Q4 25 | $1.62 | $-0.19 | ||
| Q3 25 | $2.94 | $-0.38 | ||
| Q2 25 | $4.97 | $0.25 | ||
| Q1 25 | $2.26 | $8.07 | ||
| Q4 24 | $1.75 | $2.45 | ||
| Q3 24 | $0.07 | $3.99 | ||
| Q2 24 | $1.23 | $1.79 | ||
| Q1 24 | $1.97 | $6.02 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $296.0M | $10.0M |
| 总债务越低越好 | $7.8B | $677.2M |
| 股东权益账面价值 | $3.7B | $351.6M |
| 总资产 | $14.1B | $1.1B |
| 负债/权益比越低杠杆越低 | 2.11× | 1.93× |
8季度趋势，按日历期对齐
现金及短期投资NNIWRLD
| Q4 25 | $296.0M | $10.0M | ||
| Q3 25 | $216.4M | $14.9M | ||
| Q2 25 | $225.8M | $8.1M | ||
| Q1 25 | $220.5M | $4.7M | ||
| Q4 24 | $194.5M | $10.3M | ||
| Q3 24 | $219.7M | $9.7M | ||
| Q2 24 | $145.5M | $11.1M | ||
| Q1 24 | $179.7M | $5.2M |
总债务NNIWRLD
| Q4 25 | $7.8B | $677.2M | ||
| Q3 25 | $7.8B | $584.6M | ||
| Q2 25 | $7.9B | $472.5M | ||
| Q1 25 | $8.7B | $447.9M | ||
| Q4 24 | $8.3B | $561.2M | ||
| Q3 24 | $8.9B | $506.6M | ||
| Q2 24 | $9.6B | $494.7M | ||
| Q1 24 | $10.6B | $498.4M |
股东权益NNIWRLD
| Q4 25 | $3.7B | $351.6M | ||
| Q3 25 | $3.7B | $365.6M | ||
| Q2 25 | $3.6B | $427.9M | ||
| Q1 25 | $3.4B | $439.5M | ||
| Q4 24 | $3.3B | $428.2M | ||
| Q3 24 | $3.3B | $417.5M | ||
| Q2 24 | $3.3B | $422.6M | ||
| Q1 24 | $3.3B | $424.4M |
总资产NNIWRLD
| Q4 25 | $14.1B | $1.1B | ||
| Q3 25 | $13.9B | $1.1B | ||
| Q2 25 | $13.7B | $1.0B | ||
| Q1 25 | $14.2B | $1.0B | ||
| Q4 24 | $13.8B | $1.1B | ||
| Q3 24 | $14.1B | $1.0B | ||
| Q2 24 | $14.5B | $1.0B | ||
| Q1 24 | $15.4B | $1.1B |
负债/权益比NNIWRLD
| Q4 25 | 2.11× | 1.93× | ||
| Q3 25 | 2.14× | 1.60× | ||
| Q2 25 | 2.21× | 1.10× | ||
| Q1 25 | 2.53× | 1.02× | ||
| Q4 24 | 2.48× | 1.31× | ||
| Q3 24 | 2.72× | 1.21× | ||
| Q2 24 | 2.90× | 1.17× | ||
| Q1 24 | 3.20× | 1.17× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $137.6M | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $130.1M | $57.2M |
| 自由现金流率自由现金流/营收 | 121.5% | 40.5% |
| 资本支出强度资本支出/营收 | 7.0% | 0.6% |
| 现金转化率经营现金流/净利润 | 2.38× | — |
| 过去12个月自由现金流最近4个季度 | $396.7M | $252.0M |
8季度趋势，按日历期对齐
经营现金流NNIWRLD
| Q4 25 | $137.6M | $58.0M | ||
| Q3 25 | $112.4M | $48.6M | ||
| Q2 25 | $81.8M | $58.2M | ||
| Q1 25 | $91.2M | $90.9M | ||
| Q4 24 | $180.5M | $61.1M | ||
| Q3 24 | $137.0M | $53.8M | ||
| Q2 24 | $133.4M | $48.4M | ||
| Q1 24 | $211.9M | $83.8M |
自由现金流NNIWRLD
| Q4 25 | $130.1M | $57.2M | ||
| Q3 25 | $100.8M | $47.7M | ||
| Q2 25 | $78.1M | $57.1M | ||
| Q1 25 | $87.8M | $90.0M | ||
| Q4 24 | $163.2M | $60.4M | ||
| Q3 24 | $132.6M | $52.7M | ||
| Q2 24 | $122.8M | $47.3M | ||
| Q1 24 | $188.7M | $82.3M |
自由现金流率NNIWRLD
| Q4 25 | 121.5% | 40.5% | ||
| Q3 25 | 118.2% | 35.5% | ||
| Q2 25 | 98.3% | 43.1% | ||
| Q1 25 | 106.1% | 54.5% | ||
| Q4 24 | 203.7% | 43.6% | ||
| Q3 24 | 183.8% | 40.1% | ||
| Q2 24 | 184.9% | 36.5% | ||
| Q1 24 | 254.2% | 51.7% |
资本支出强度NNIWRLD
| Q4 25 | 7.0% | 0.6% | ||
| Q3 25 | 13.7% | 0.7% | ||
| Q2 25 | 4.7% | 0.8% | ||
| Q1 25 | 4.1% | 0.5% | ||
| Q4 24 | 21.7% | 0.5% | ||
| Q3 24 | 6.2% | 0.8% | ||
| Q2 24 | 16.0% | 0.8% | ||
| Q1 24 | 31.3% | 1.0% |
现金转化率NNIWRLD
| Q4 25 | 2.38× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 0.45× | 43.27× | ||
| Q1 25 | 1.10× | 2.05× | ||
| Q4 24 | 2.85× | 4.56× | ||
| Q3 24 | 57.39× | 2.43× | ||
| Q2 24 | 2.96× | 4.87× | ||
| Q1 24 | 2.89× | 2.39× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NNI
| Reinsurance Premiums Earned | $33.5M | 31% |
| Tuition Payment Plan Services | $32.2M | 30% |
| Private Education And Consumer Loan Servicing | $24.8M | 23% |
| Software Services | $11.4M | 11% |
| Solar Construction Revenue | $3.4M | 3% |
| Investment Advice | $1.4M | 1% |
WRLD
暂无分部数据
