Loading…
Navient Corporation provides technology-enabled education finance for education in the United States. It operates through two segments: Federal Education Loans and Consumer Lending. The company owns and manages portfolio of private education loans; and offers education lending and digital financial services, in-school student loans, and refinancing products under Earnest brand. It also owns Federal Family Education Loan Program (FFELP) loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing on its portfolios, as well as federal education loans held by other institutions. Navient Corporation was founded in 1973 and is headquartered in Herndon, Virginia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $610M | - | $-80M | $441M | -3.3% | -36.5% | -161.1% |
| 2024 | $961M | - | $131M | $459M | 5.0% | -24.9% | -42.5% |
| 2023 | $1.3B | - | $228M | $676M | 8.3% | -26.4% | -64.7% |
| 2022 | $1.7B | - | $645M | $305M | 21.7% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 1,737 | 1,279 | 961 | 610 |
| Pretax Income | 827 | 313 | 174 | -111 |
| Tax Provision | 182 | 85 | 43 | -31 |
| Net Income | 645 | 228 | 131 | -80 |
| Net Income Common Stockholders | 645 | 228 | 131 | -80 |
| Interest Expense | 2,102 | 3,557 | 3,273 | 2,589 |
| Interest Income | 3,223 | 4,419 | 3,809 | 3,108 |
| Selling General And Administration | 444 | 401 | 316 | 149 |
| Normalized Income | 687.90 | 259.35 | 158.86 | -43.96 |
| Market Cap | 851.05 | 851.05 | 851.05 | 851.05 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Navient Corporationthis co. | NAVI | - | -10.64 | 0.35 | -3.3% | - |
| Silvercrest Asset Management Group Inc. | SAMG | $107M | 23.59 | 2.04 | 5.8% | 9.86 |
| Sound Financial Bancorp, Inc. | SFBC | $98M | 14.04 | 0.96 | 6.5% | - |
| Kestrel Group Ltd | KG | $89M | 1.12 | 0.58 | 36.4% | - |
| Vroom, Inc. | VRM | $80M | - |
| 0.69 |
| -45.5% |
| 57.65 |
| Siebert Financial Corp. | SIEB | $72M | 13.46 | 0.79 | 5.7% | - |
| eHealth, Inc. | EHTH | $62M | - | 0.10 | 6.8% | 7.11 |
| MarketWise, Inc. | MKTW | $47M | 7.64 | -3.69 | -2.6% | -3.48 |
| GoHealth, Inc. | GOCO | $31M | - | 0.45 | 4834.1% | -7.69 |
| Peer Median | - | 13.46 | 0.63 | 6.1% | 7.11 | |