Annaly Capital Management, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:40:21Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Debt | -2.00B | -1.46B | -1.40B | -1.57B | -1.33B | -796.87M |
| Return on Equity (ROE) | 12.60% | 7.95% | -14.60% | 15.31% | 18.15% | -6.36% |
| Return on Assets (ROA) | 1.49% | 0.97% | -1.76% | 2.11% | 3.11% | -1.01% |
| Debt-to-Equity | 0.00× | 0.00× | 0.00× | 0.00× | 0.00× | 0.03× |
| Effective Tax Rate | -0.34% | 1.49% | -2.47% | 2.57% | 0.19% | 3.10% |
| Cash Conversion Ratio | 0.34× | 3.30× | -1.44× | 3.11× | 1.29× | -0.59× |
| Accruals Ratio | 0.01× | -0.02× | -0.04× | -0.04× | -0.01× | -0.02× |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 7.66× | 11.30× | — | 5.38× | 4.90× | — |
| P/B | 1.11× | 0.96× | 1.00× | 1.01× | 0.25× | 0.95× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Income Tax Expense (Benefit) | -6.87M | 15.26M | 39.43M | 45.57M | 4.67M | -28.42M |
| Net Income (Loss) Attributable to Parent | 2.03B | 1.00B | -1.64B | 1.73B | 2.39B | -891.16M |
| Earnings Per Share, Basic | $2.92 | $1.62 | $-3.61 | $3.93 | $6.40 | $-2.92 |
| Weighted Average Number of Shares Outstanding, Basic | 639.51M | 521.74M | 494.54M | 411.35M | 356.86M | 353.66M |
| Earnings Per Share, Diluted | $2.92 | $1.62 | $-3.61 | $3.92 | $6.39 | $-2.92 |
| Weighted Average Number of Shares Outstanding, Diluted | 641.04M | 522.75M | 494.54M | 411.62M | 357.14M | 353.66M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | — | — | 1.41B | 1.58B | 1.34B | 1.24B |
| Assets | 135.61B | 103.56B | 93.23B | 81.85B | 76.76B | 88.46B |
| Long-term Debt | — | — | — | — | — | 429.65M |
| Liabilities | 119.45B | 90.86B | 81.88B | 70.48B | 63.57B | 74.43B |
| Stockholders' Equity Attributable to Parent | 16.09B | 12.61B | 11.26B | 11.27B | 13.17B | 14.01B |
| Common Stock, Shares, Outstanding | 706.97M | 578.36M | 500.08M | 468.31M | 364.93M | 1.40B |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 692.91M | 3.31B | 2.37B | 5.37B | 3.08B | 527.97M |
| Net Cash Provided by (Used in) Investing Activities | -27.36B | -14.98B | -8.42B | -14.53B | 4.90B | 40.35B |
| Payments for Repurchase of Common Stock | — | — | — | 0 | 0 | 209.42M |
| Payments of Dividends | 1.88B | 1.49B | 1.52B | 1.52B | 1.36B | 1.48B |
| Net Cash Provided by (Used in) Financing Activities | 27.22B | 11.75B | 5.88B | 9.39B | -7.88B | -41.49B |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Debt | -1.88B | -2.00B | -2.07B | -2.03B | -1.81B | -1.46B |
| Return on Equity (ROE) | 1.74% | 6.30% | 5.58% | 0.43% | 0.96% | 3.82% |
| Return on Assets (ROA) | 0.20% | 0.75% | 0.66% | 0.05% | 0.12% | 0.47% |
| Debt-to-Equity | 0.00× | 0.00× | 0.00× | 0.00× | 0.00× | 0.00× |
| Effective Tax Rate | -0.53% | -0.77% | -0.94% | 0.72% | 5.97% | 2.15% |
| Cash Conversion Ratio | -4.96× | 0.64× | 0.06× | 0.43× | -1.26× | 5.83× |
| Accruals Ratio | 0.01× | 0.00× | 0.01× | 0.00× | 0.00× | -0.02× |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 6.96× | 7.82× | 9.19× | 17.92× | 21.84× | 11.23× |
| P/B | 1.07× | 1.11× | 1.05× | 1.02× | 1.07× | 0.96× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Income Tax Expense (Benefit) | -1.52M | -7.75M | -7.82M | 440.00K | 8.27M | 10.41M |
| Net Income (Loss) Attributable to Parent | 282.65M | 1.01B | 832.45M | 57.10M | 124.22M | 482.05M |
| Earnings Per Share, Basic | $0.33 | $1.47 | $1.21 | $0.03 | $0.15 | $0.82 |
| Weighted Average Number of Shares Outstanding, Basic | 722.71M | 639.51M | 656.34M | 620.21M | 587.15M | 521.74M |
| Earnings Per Share, Diluted | $0.33 | $1.48 | $1.20 | $0.03 | $0.15 | $0.82 |
| Weighted Average Number of Shares Outstanding, Diluted | 724.36M | 641.04M | 657.86M | 621.10M | 588.42M | 522.75M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Assets | 138.54B | 135.61B | 125.86B | 112.14B | 105.12B | 103.56B |
| Liabilities | 122.21B | 119.45B | 110.86B | 98.67B | 92.03B | 90.86B |
| Stockholders' Equity Attributable to Parent | 16.27B | 16.09B | 14.91B | 13.38B | 12.99B | 12.61B |
| Common Stock, Shares, Outstanding | 730.29M | 706.97M | 681.05M | 642.08M | 602.34M | 578.36M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.40B | 644.34M | 48.57M | 24.47M | -156.27M | 2.81B |
| Net Cash Provided by (Used in) Investing Activities | -4.40B | -9.89B | -17.47B | -5.65B | 1.66B | -6.25B |
| Payments of Dividends | 535.70M | 522.95M | 1.36B | 872.20M | 413.21M | 401.55M |
| Net Cash Provided by (Used in) Financing Activities | 5.67B | 9.19B | 18.03B | 6.20B | -1.16B | 3.37B |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NLY CIK 0001043219),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
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statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
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description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.