Navient Corp - Company Profile
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Navient Corp (Navient) provides technology-enabled education finance solutions. The company's main activities include managing and servicing federal and private education loans. Navient's major products and services encompass Federal Family Education Loan Program (FFELP) Loans and Private Education Loans. It also offers miscellaneous accounts receivable and fee recovery, toll recovery, student loan collection, payment processing, consolidation services, and auto-debit services. The company's products and services are utilized by students and families seeking financial assistance for education, as well as borrowers looking to refinance existing student loans. Navient operates primarily in the education finance sector, serving customers across various educational institutions. The company targets markets in the US. Navient is headquartered in Herndon, Virginia, US.
Headquarters
United States of America
Address
13865 Sunrise Valley Drive, Herndon, Virginia, 20171
Website
www.navient.com
Telephone
1 703 8103000
No of Employees
670
Industry
Financial Services
Ticker Symbol & Exchange
NAVI (NASD)
Revenue (2024)
$542.0M
-32.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-161.1%
(2024 vs 2023)
Market Cap*
$818.7M
Net Profit Margin (2024)
XYZ
-190.9%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Loans: | Loan Advisory Services |
| Federal Education | Financial Calculators and Tools |
| Student Loan Refinancing | Federal, State and City Government Collections Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Divestiture | In February, the company sold its Government Services business to an affiliate of Gallant Capital Partners, LLC. |
| 2024 | Divestiture | In September, the company sold Xtend healthcare revenue cycle management business to CorroHealth, a health technology company. |
| 2024 | Contracts/Agreements | In May, the company finalized an agreement to transition its student loan servicing activities to MOHELA. |
Competitor Comparison
| Key Parameters | Navient Corp | Capital One Financial Corp | SLM Corp | Nelnet Inc | ASPIRE RESOURCES INC. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Herndon | Mclean | Newark | Lincoln | West Des Moines |
| State/Province | Virginia | Virginia | Delaware | Nebraska | Iowa |
| No. of Employees | 670 | 77,100 | 1,788 | 5,744 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Edward Bramson | Chairman | Executive Board | 2025 | 75 |
| David L. Yowan | Director; Chief Executive Officer; President | Executive Board | 2017 | 69 |
| Steve Hauber | Executive Vice President; Principal Accounting Officer; Chief Financial Officer; Chief Administrative Officer | Senior Management | 2026 | - |
| Troy Standish | Executive Vice President; Chief Operating Officer | Senior Management | 2024 | 51 |
| Deanna Coloe | Vice President; Chief Audit Officer | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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