Latest Ratios: P/E Ratio -21.8x · EV/EBITDA 3.1x · ROE -3.2%. (2012–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.9B | $2.0B | $1.9B | $2.6B | $2.5B | $4.4B | $4.9B | $5.6B | $4.4B | $6.7B | $7.1B |
| Enterprise Value | $7.9B | $5.0B | $44.4B | $55.2B | $62.0B | $77.9B | $81.1B | $86.1B | $96.6B | $110.2B | $118.3B |
| P/E Ratio → | -21.79 | — | 14.80 | 11.58 | 3.93 | 6.08 | 11.92 | 9.38 | 11.00 | 22.86 | 10.51 |
| P/S Ratio | 1.58 | 0.64 | 0.51 | 2.28 | 1.53 | 1.92 | 1.49 | 1.20 | 0.89 | 1.52 | 1.72 |
| P/B Ratio | 0.73 | 0.83 | 0.73 | 0.95 | 0.85 | 1.67 | 2.00 | 1.67 | 1.23 | 1.92 | 1.92 |
| P/FCF | 11.11 | 4.52 | 4.22 | 3.90 | 8.32 | 6.21 | 4.97 | 5.49 | 3.82 | 5.77 | 5.30 |
| P/OCF | 11.11 | 4.52 | 4.22 | 3.90 | 8.32 | 6.21 | 4.97 | 5.49 | 3.82 | 5.77 | 5.30 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.60 | 11.66 | 47.75 | 37.41 | 34.31 | 24.58 | 18.42 | 19.68 | 25.14 | 28.52 |
| EV / EBITDA | 3.10 | 1.95 | 20.38 | — | 179.79 | 116.68 | 98.49 | 43.45 | 39.95 | — | — |
| EV / EBIT | 3.10 | — | 12.88 | 36.55 | 14.97 | 22.88 | 33.69 | 21.76 | 24.23 | 70.71 | 51.98 |
| EV / FCF | — | 11.25 | 96.73 | 81.65 | 203.37 | 111.03 | 82.12 | 84.47 | 84.73 | 95.14 | 87.79 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 95.2% | 95.2% | 91.7% | 30.8% | 100.0% | 63.4% | 70.8% | 78.9% | 80.0% | 78.0% | 77.1% |
| Operating Margin | 81.7% | 81.7% | 73.9% | 65.3% | 73.2% | 75.0% | 41.5% | 57.9% | 59.9% | 6.7% | 16.4% |
| Net Profit Margin | -2.6% | -2.6% | 3.4% | 19.7% | 38.9% | 31.6% | 12.5% | 12.8% | 8.0% | 6.7% | 16.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -3.2% | -3.2% | 4.9% | 7.9% | 23.1% | 28.4% | 14.2% | 17.3% | 11.2% | 8.1% | 17.8% |
| ROA | -0.2% | -0.2% | 0.2% | 0.3% | 0.9% | 0.9% | 0.5% | 0.6% | 0.4% | 0.2% | 0.5% |
| ROIC | 7.1% | 7.1% | 4.1% | 0.9% | 1.3% | 1.6% | 1.2% | 2.2% | 2.1% | 0.2% | 0.4% |
| ROCE | 5.6% | 5.6% | 5.4% | 1.2% | 1.7% | 2.1% | 1.6% | 2.9% | 2.8% | 0.3% | 0.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.11 | 2.11 | 16.35 | 19.35 | 20.50 | 28.56 | 31.60 | 24.40 | 26.37 | 30.13 | 30.18 |
| Debt / EBITDA | 2.00 | 2.00 | 19.82 | — | 176.89 | 111.51 | 93.96 | 41.25 | 38.68 | — | — |
| Net Debt / Equity | — | 1.24 | 16.08 | 19.04 | 19.98 | 28.21 | 31.12 | 24.03 | 26.00 | 29.70 | 29.85 |
| Net Debt / EBITDA | 1.17 | 1.17 | 19.49 | — | 172.44 | 110.15 | 92.53 | 40.63 | 38.14 | — | — |
| Debt / FCF | — | 6.73 | 92.51 | 77.76 | 195.05 | 104.82 | 77.15 | 78.98 | 80.91 | 89.37 | 82.49 |
| Interest Coverage | 0.98 | 0.98 | 1.05 | 0.42 | 1.97 | 2.59 | 1.18 | 1.13 | 1.09 | 0.52 | 0.93 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.41 | 0.41 | 0.41 | 0.20 | 0.26 | 0.36 | 0.18 | 0.15 | 0.24 | 0.32 | 0.54 |
| Quick Ratio | 0.41 | 0.41 | 0.41 | 0.20 | 0.26 | 0.36 | 0.18 | 0.15 | 0.24 | 0.32 | 0.54 |
| Cash Ratio | 0.41 | 0.41 | 0.41 | 0.20 | 0.26 | 0.36 | 0.18 | 0.15 | 0.24 | 0.32 | 0.54 |
| Asset Turnover | — | 0.06 | 0.07 | 0.02 | 0.02 | 0.03 | 0.04 | 0.05 | 0.05 | 0.04 | 0.03 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.6% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | 53.4% | 34.2% | 14.1% | 14.9% | 29.9% | 24.6% | 42.0% | 60.3% | 29.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 6.8% | 8.6% | 25.4% | 16.4% | 8.4% | 10.7% | 9.1% | 4.4% | 9.5% |
| FCF Yield | 9.0% | 22.1% | 23.7% | 25.7% | 12.0% | 16.1% | 20.1% | 18.2% | 26.2% | 17.3% | 18.9% |
| Buyback Yield | 2.3% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 5.9% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $98M | $109M | $123M | $144M | $172M | $195M | $233M | $264M | $281M | $322M |
Terminal asset portfolio decay
Based on current market data, Navient trades at a P/B of 0.73 and a negative TTM P/E, suggesting that investors are pricing the firm as a liquidating trust rather than a going concern, with valuation multiples significantly compressed compared to peers like SLM Corporation.
The deep discount to book value indicates that the market remains skeptical of the company's ability to generate future earnings from its remaining asset base. This valuation profile implies that the market is prioritizing the immediate return of capital over the long-term viability of the business model.
According to recent financial disclosures, ROIC has fluctuated between -1.6% and 6.3% over the last ten quarters, reflecting a volatile and inconsistent ability to generate returns on invested capital as the core FFELP portfolio continues its terminal run-off phase across the firm's operations.
The erratic nature of these returns suggests that management's focus on share buybacks may be artificially propping up ROE metrics while the underlying business efficiency remains under pressure. Investors should monitor whether these returns can stabilize as the company attempts to pivot toward fee-based business processing services.
As reported in quarterly filings, the company has aggressively reduced its debt-to-EBITDA ratio from extreme levels of over 500x in 2024 to approximately 10.23x in 2026Q1, a necessary structural adjustment as the legacy loan portfolio continues to amortize and contract in size.
While the reduction in absolute debt levels is a positive development for solvency, the high remaining leverage ratio relative to EBITDA suggests that the company remains sensitive to interest rate volatility. The current interest coverage ratio of 1.02 warrants further investigation into the firm's ability to service remaining obligations.
Based on the latest balance sheet data, the current ratio has remained consistently low, hovering near 0.36 as of 2026Q1, which indicates a persistent and concerning lack of short-term liquidity relative to the company's immediate operational requirements and ongoing debt servicing obligations.
This liquidity profile suggests that the company has little margin for error should it face unexpected regulatory costs or a sudden acceleration in loan prepayments. The reliance on cash flow from a shrinking asset base to meet these obligations appears to be a significant structural risk.
The P/E ratio is frequently misapplied to Navient's business model, as it fails to account for the non-cash accounting gains from 'Floor Income' and the distorting impact of one-time restructuring charges associated with the terminal run-off of the legacy FFELP loan portfolio.
Analysts should instead focus on tangible book value and normalized free cash flow to assess the company's true earning power. Relying on GAAP earnings in this context obscures the underlying cash-generating capacity of the business and may lead to incorrect conclusions regarding the firm's valuation.
Includes 30+ ratios · 14 years · Updated daily
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Quick answers to the most common questions about buying JSM stock.
Navient Corporation SR NT 6% 121543's current P/E ratio is -21.8x. The historical average is 10.4x.
Navient Corporation SR NT 6% 121543's current EV/EBITDA is 3.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 34.9x.
Navient Corporation SR NT 6% 121543's return on equity (ROE) is -3.2%. The historical average is 19.4%.
Based on historical data, Navient Corporation SR NT 6% 121543 is trading at a P/E of -21.8x. Compare with industry peers and growth rates for a complete picture.
Navient Corporation SR NT 6% 121543's current dividend yield is 3.60%.
Navient Corporation SR NT 6% 121543 has 95.2% gross margin and 81.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Navient Corporation SR NT 6% 121543's Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.