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Friday 6 November 2026 Export NLY’s income statement to Excel — free account

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

18.75 0.10 −0.53%
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
Overview Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Valuation Filings

Annaly Capital Management Inc (NLY) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Annaly Capital Management Inc (NLY) trades at a P/S ratio of 2.1×. Over the past ten years it has ranged from 0.0× (September 2020) to 62.5× (March 2021); the current reading is higher than 31% of that period. That is above the Reit Mortgage industry median of 1.7× and below the Real Estate sector median of 2.9×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 2.0× 22.70%
FY2024 1.6× (58.34%)
FY2023 4.0× 45.61%
FY2022 2.7× (30.93%)
FY2021 3.9× (93.31%)
FY2020 58.9× 284.34%
FY2019 15.3× 193.86%
FY2018 5.2× 17.65%
FY2017 4.4× 5.99%
FY2016 4.2× (46.58%)

Quarterly newest first

Period P/S ratio Change
Sep 2026 2.2× 8.83%
Jun 2026 2.0× (4.33%)
Mar 2026 2.1× 2.13%
Dec 2025 2.0× (2.97%)
43 more quarters

Against its own ten years

Low 0.0× High 62.5×
Ten-year median 2.6×
Current reading's percentile 17

P/S ratio against peers

Company P/S ratio
BXMT Blackstone Mortgage Trust, Inc. compare 1.3×
RITM Rithm Capital Corp. compare 1.5×
ARR ARMOUR Residential REIT, Inc. compare 1.8×
NLY Annaly Capital Management Inc 2.1×
STWD STARWOOD PROPERTY TRUST, INC. compare 2.3×
EFC Ellington Financial Inc. compare 2.5×
AGNC AGNC Investment Corp. compare 2.5×
DX Dynex Capital, Inc. compare 2.5×
LADR Ladder Capital Corp compare 12.5×
Reit Mortgage industry median 1.7×
Real Estate sector median 2.9×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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