stockrowAnnaly Capital Management Inc
Annaly Capital Management Inc’s revenue for fiscal 2025 (year ended December 2025) was $7.1 billion, up 22.1% from fiscal 2024.
- Revenue
- −76.9%
- EPS
- −212.4%
- Free cash flow
- +741.7%
Quarter to September 2026, against a year earlier
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Annaly Capital Management Inc (NLY) Gross margin
Annaly Capital Management Inc's gross margin over the twelve months to 30 September 2026 was 20.3%, down 11.4 percentage points from fiscal 2025 (31.8%). Over the past ten years it has ranged from −342.7% (fiscal 2020) to 91.2% (fiscal 2021); the current reading is higher than 55% of that period. That is below the Reit Mortgage industry median of 100.0% and below the Real Estate sector median of 62.8%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 31.8% | 11.05 |
| FY2024 | 20.7% | 80.39 |
| FY2023 | −59.7% | (119.32) |
| FY2022 | 59.6% | (31.58) |
| FY2021 | 91.2% | 433.88 |
| FY2020 | −342.7% | (127.18) |
| FY2019 | −215.5% | (232.23) |
| FY2018 | 16.7% | (47.36) |
| FY2017 | 64.1% | (7.78) |
| FY2016 | 71.9% | 13.41 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | −187.9% | (228.14) |
| Jun 2026 | 40.3% | 19.12 |
| Mar 2026 | 21.2% | (23.33) |
| Dec 2025 | 44.5% | 3.15 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ARR ARMOUR Residential REIT, Inc. compare | 100.0% |
| RITM Rithm Capital Corp. compare | 100.0% |
| LADR Ladder Capital Corp compare | 100.0% |
| DX Dynex Capital, Inc. compare | 100.0% |
| EFC Ellington Financial Inc. compare | 95.3% |
| BXMT Blackstone Mortgage Trust, Inc. compare | 78.7% |
| AGNC AGNC Investment Corp. compare | 29.3% |
| STWD STARWOOD PROPERTY TRUST, INC. compare | 29.1% |
| NLY Annaly Capital Management Inc | 20.3% |
| Reit Mortgage industry median | 100.0% |
| Real Estate sector median | 62.8% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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