Buyback Radar

Navient

NAVI

Navient has retired 76.6% of its shares since 2014, from 401,460,484 to 93,783,828.

76.6%retired since 2014
41.8%last 5 years
3.8%last 12 months
94Mshares today

At $9.28 a share, a market value of $870.3M. P/E n/m, trailing twelve months to June 2026.

Shares outstanding, 2014 to todaysplit adjusted, from SEC filings
a quarter gone 2015half gone 2018three quarters gone 2024401M shares, 201494M201520202025
2014, 401,460,4842026-06-30, 93,783,828
A share bought in 2014
4.3× more of Navient today, without buying another share. It was one of 401,460,484 shares then. It is one of 93,783,828 now.
Every filing we read12 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20142015-01-31401,460,48410-K
20152016-01-31342,817,02010-K
20162017-01-31291,008,52810-K
20172018-01-31263,388,48210-K
20182019-01-31244,507,32110-K
20192020-01-31193,333,13110-K
20202021-01-31183,771,63310-K
20212022-01-31152,132,90210-K
20222023-01-31128,941,32310-K
20232024-01-31112,749,88410-K
20242025-01-31102,276,30310-K/A
20252026-01-3195,089,66810-K

Source: all 10-K filings of Navient on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

The story

Every Monday we write about one of these companies.

Read the full story
What the buybacks cost, fiscal 2015 to 2025cash flow statement against share count
$4.8Bspent on buybacks
306Mfewer shares outstanding
12.8%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $9.28.

The stock, long termall time, by TradingView

Loading the chart from TradingView…

All-time chart by TradingView. Open it on TradingView →

Navient buybacks, answered

Navient buybacks, answered

Is Navient buying back its stock?

Yes. Navient has 3.8% fewer shares outstanding than twelve months ago, 93,783,828 as of June 30, 2026. Over five years the share count is down 41.8%.

How many shares has Navient bought back?

Net of every new share it issued, Navient has 307.7 million fewer shares than at its 2014 peak. That is 76.6% of the company.

How many shares does Navient have outstanding?

93,783,828 shares, as of June 30, 2026, from the cover page of its latest 10-Q. At the 2014 peak it had 401,460,484.

What do Navient's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Navient stock in 2014 owns 4.3 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does Navient compare with other cannibal stocks?

Navient ranks No. 8 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Assured Guaranty (77.4%), Credit Acceptance (76.9%), DaVita (74.3%), Globe Life (73.7%).

Every answer is computed from Navient's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Insider buying, last 12 months
No open-market purchases reported in the last 12 months.

Get the Monday buyback report.

Free. Your email goes to Substack, which runs the newsletter. Privacy