Annaly Capital Management
NLY NYSE· Mortgage REITs
Last close · Oct 26, 2026
$18.26
KIRA · Stoqly’s AI analyst, in plain words
- Annaly Capital Management had $6.0B of revenue in fiscal 2025, up 23.1% on the year before. Over five years, revenue changed +21.7% a year on average.
- Annaly Capital Management made $2.0B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew −6.9% a year.
- Annaly Capital Management returned $495M to shareholders in fiscal 2025. The diluted share count rose 22.6%.
Market cap
$13.5B
P/E
4.5x
Revenue
$6.0B
Net income
$2.0B
Free cash flow
—
Operating margin
—
Annaly Capital Management in 30 seconds · fiscal 2025
Are sales growing?
+23.1%
Yes. Sales grew 23.1% last year.
Does it make a profit?
34.0%
Yes. It keeps 34.0% of every sale as profit.
How is the share priced?
4.5x
One share costs 4.5 times its yearly profit per share. Typical for its sector: 13.7x.
What Annaly Capital Management does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 12, 2026
- Legal name
- ANNALY CAPITAL MANAGEMENT INC
- CIK
- 0001043219
Annaly Capital Management · NLY
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $2.0B | $2.8B | $3.7B | $4.8B | $6.0B |
| Revenue growth | −11.1% | 40.1% | 34.3% | 29.7% | 23.1% |
| Net income | $2.4B | $1.7B | −$1.6B | $1.0B | $2.0B |
| Net margin | 120.5% | 62.1% | −44.0% | 20.7% | 34.0% |
| Diluted EPS | $6.39 | $3.92 | −$3.61 | $1.62 | $2.92 |
| Cash | |||||
| Cash from operations | $3.1B | $5.4B | $2.4B | $3.3B | $693M |
| Dividends paid | $321M | $412M | $325M | $376M | $495M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | 1.0% | 15.3% | 20.1% | 5.7% | 22.6% |
| Debt and strength | |||||
| Cash and short-term investments | $1.3B | $1.6B | $1.4B | $1.5B | $2.0B |
| Shareholders' equity | $13.2B | $11.3B | $11.3B | $12.6B | $16.1B |
| Interest coverage | 10.6x | 2.4x | 0.6x | 1.2x | 1.4x |
| Returns and quality | |||||
| Return on equity | 17.6% | 14.1% | −14.6% | 8.4% | 14.1% |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$7.0M
4 insiders
Of sales under plans
100%
$7.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Annaly Capital Management · NLY
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Annaly Capital Management NLY | $13.5B | 23.1% | — | — | — | 4.5x | — |
| AGNC Investment AGNC | $10.2B | 19.5% | — | — | — | 4.5x | — |
| Starwood Property Trust STWD | $4.6B | −5.3% | — | 5.4% | — | 21.2x | — |
| Globe Life GL | $12.4B | 3.7% | — | 20.9% | 16.0% | 10.4x | — |
| Brown & Brown BRO | $23.7B | 22.8% | — | 23.4% | 9.1% | 22.4x | 4 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $18.26 a share, the company is worth $13.5B: 4.5 times its earnings of the last four quarters.
Annaly Capital Management grew sales faster than 4 of its 4 similar companies. Its P/E is higher than 0 of 4.
Source: SEC EDGAR XBRL filings (CIK 0001043219). Data updated October 18, 2026. For information only — not investment advice. Check the original filings before relying on any figure.