Annaly Capital Management Inc

NLY Real Estate Reit Mortgage

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

18.71 0.14 −0.74%
Market cap
$14.9B
P/E
13.2×
Fwd P/E
18.4×
Dividend yield
15.4%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Annaly Capital Management Inc (NLY) Net margin

Alert me on Net margin

Annaly Capital Management Inc's net margin over the twelve months to 30 September 2026 was 14.2%, down 12.3 percentage points from fiscal 2025 (26.5%). Over the past ten years it has ranged from −508.7% (fiscal 2020) to 80.5% (fiscal 2021); the current reading is higher than 55% of that period. That is above the Reit Mortgage industry median of −1.81% and above the Real Estate sector median of 4.66%.

Net margin, annual

Embed this chart

Annual newest first

Period Net margin Change (points)
FY2025 26.5% 11.82
FY2024 14.6% 88.80
FY2023 −74.2% (123.94)
FY2022 49.8% (30.70)
FY2021 80.5% 589.15
FY2020 −508.7% (248.18)
FY2019 −260.5% (257.21)
FY2018 −3.29% (55.27)
FY2017 52.0% (5.79)
FY2016 57.8% 23.02

Quarterly newest first

Period Net margin Change (points)
Sep 2026 −210.4% (245.70)
Jun 2026 35.3% 20.26
Mar 2026 15.0% (25.71)
Dec 2025 40.7% 3.77
43 more quarters

Against its own ten years

Low −508.7% High 80.5%
Ten-year median 26.5%
Current reading's percentile 37

Net margin against peers

Company Net margin
LADR Ladder Capital Corp compare 109.5%
EFC Ellington Financial Inc. compare 33.3%
NLY Annaly Capital Management Inc 14.2%
STWD STARWOOD PROPERTY TRUST, INC. compare 10.9%
RITM Rithm Capital Corp. compare 9.89%
AGNC AGNC Investment Corp. compare −1.81%
DX Dynex Capital, Inc. compare −5.66%
ARR ARMOUR Residential REIT, Inc. compare −6.34%
BXMT Blackstone Mortgage Trust, Inc. compare −24.7%
Reit Mortgage industry median −1.81%
Real Estate sector median 4.66%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

More on NLY