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

18.74 0.11 −0.58%
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) Price to free cash flow

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As of 5 November 2026, Annaly Capital Management Inc (NLY) trades at a price to free cash flow of 4.8×. Over the past ten years it has ranged from 0.0× (September 2026) to 113× (October 2024); the current reading is higher than 74% of that period. That is above the Reit Mortgage industry median of 4.4× and below the Real Estate sector median of 12.3×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 0.0× —
FY2024 4.6× (62.02%)
FY2023 12.2× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 4.5× (40.56%)
FY2017 7.6× 23.25%
FY2016 6.2× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 4.8× —
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
43 more quarters

Against its own ten years

Low 0.0× High 113×
Ten-year median 0.0×
Current reading's percentile 74

Price to free cash flow against peers

Company Price to free cash flow
EFC Ellington Financial Inc. compare n/m
RITM Rithm Capital Corp. compare n/m
ARR ARMOUR Residential REIT, Inc. compare 4.0×
LADR Ladder Capital Corp compare 4.6×
NLY Annaly Capital Management Inc 4.8×
BXMT Blackstone Mortgage Trust, Inc. compare 6.1×
STWD STARWOOD PROPERTY TRUST, INC. compare 7.7×
AGNC AGNC Investment Corp. compare 9.3×
DX Dynex Capital, Inc. compare 10.8×
Reit Mortgage industry median 4.4×
Real Estate sector median 12.3×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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