← NAVIENT CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.1b |
$4.4b
+5.72%
|
$359.0m
-91.81%
|
$391.0m
+8.91%
|
$388.0m
-0.77%
|
$507.0m
+30.67%
|
$332.0m
-34.52%
|
$321.0m
-3.31%
|
$271.0m
-15.58%
|
$519.0m
+91.51%
|
$601.0m
+15.80%
|
|
| Cost of Revenue | $664.0m |
$659.0m
-0.75%
|
$696.0m
+5.61%
|
$730.0m
+4.89%
|
$687.0m
-5.89%
|
$745.0m
+8.44%
|
$534.0m
-28.32%
|
$508.0m
-4.87%
|
$445.0m
-12.40%
|
$237.0m
-46.74%
|
— | |
| Interest Income (Expense), Net | $1.7b |
$1.4b
-17.18%
|
$1.2b
-12.18%
|
$1.2b
-4.44%
|
$1.3b
+5.65%
|
$1.3b
+6.39%
|
$1.1b
-15.84%
|
$862.0m
-23.10%
|
$536.0m
-37.82%
|
$519.0m
-3.17%
|
$2.9b
+459.54%
|
|
| Gross Profit | $3.5b |
$3.7b
+6.95%
|
($337.0m)
-109.05%
|
($339.0m)
-0.59%
|
($299.0m)
+11.80%
|
($238.0m)
+20.40%
|
($202.0m)
+15.13%
|
($187.0m)
+7.43%
|
($174.0m)
+6.95%
|
$282.0m
+262.07%
|
— | |
| Labor and Related Expense | $500.0m | $519.0m | $507.0m | $488.0m | $497.0m | $569.0m | $444.0m | $401.0m | $316.0m | $149.0m | — | |
| Amortization of Intangible Assets | $29.0m | $23.0m | $31.0m | $25.0m | $21.0m | $19.0m | $14.0m | $10.0m | $8.0m | $3.0m | — | |
| Operating Expenses | $951.0m | $966.0m | $984.0m | $984.0m | $964.0m | $1.2b | $776.0m | $800.0m | $680.0m | $421.0m | — | |
| Interest Expense | $2.4b | $3.0b | $3.7b | $3.5b | $2.0b | $1.3b | $2.1b | $3.6b | — | — | $2.4b | |
| Interest Expense Operating | — | — | — | — | — | — | — | — | $3.3b | $2.6b | $2.4b | |
| Interest Income, Operating | $4.1b | $4.4b | $4.9b | $4.7b | — | — | — | — | — | — | $2.9b | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $117.0m | $22.0m | ($38.0m) | $22.0m | ($256.0m) | $64.0m | $171.0m | $11.0m | $70.0m | ($30.0m) | — | |
| Other Expenses | — | — | — | — | — | — | — | — | $316.0m | $99.0m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $111.0m | ($52.0m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.1b | $764.0m | $528.0m | $763.0m | $532.0m | $936.0m | $827.0m | $313.0m | $174.0m | ($111.0m) | ($52.0m) | |
| Current Income Tax Expense (Benefit) | $294.0m | $77.0m | $87.0m | $89.0m | $111.0m | $166.0m | ($26.0m) | $87.0m | $37.0m | ($33.0m) | ($3.0m) | |
| Income Tax Expense (Benefit) | $427.0m | $472.0m | $133.0m | $166.0m | $120.0m | $219.0m | $182.0m | $85.0m | $43.0m | ($31.0m) | ($3.0m) | |
| Net Income (Loss) Attributable to Parent | $681.0m |
$292.0m
-57.12%
|
$395.0m
+35.27%
|
$597.0m
+51.14%
|
$412.0m
-30.99%
|
$717.0m
+74.03%
|
$645.0m
-10.04%
|
$228.0m
-64.65%
|
$131.0m
-42.54%
|
($80.0m)
-161.07%
|
($49.0m)
+38.75%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | $1.4b | $1.2b | $1.2b | $1.3b | $1.3b | $1.1b | $862.0m | $536.0m | $519.0m | ($49.0m) | |
| Earnings Per Share, Basic | $2.15 | $1.06 | $1.52 | $2.59 | $2.14 | $4.23 | $4.54 | $1.87 | $1.20 | ($0.81) | ($0.48) | |
| Earnings Per Share, Diluted | $2.12 | $1.04 | $1.49 | $2.56 | $2.12 | $4.18 | $4.49 | $1.85 | $1.18 | ($0.81) | ($0.48) | |
| Weighted Average Number of Shares Outstanding, Basic | 316.0m | 275.0m | 260.0m | 230.0m | 193.0m | 170.0m | 142.0m | 122.0m | 109.0m | 99.0m | 95.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 322.0m | 281.0m | 264.0m | 233.0m | 195.0m | 172.0m | 144.0m | 123.0m | 111.0m | 99.0m | 95.5m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | $0 | — | — | — | — | — | — | — | $5.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $681.0m | $292.0m | $1.2b | $1.2b | $1.3b | $1.3b | $1.1b | $862.0m | $536.0m | $519.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.