Annaly Capital Management Inc (NLY) vs Rithm Capital Corp. (RITM)

Annaly Capital Management Inc and Rithm Capital Corp. are both Reit Mortgage companies. Annaly Capital Management Inc is the larger, with a market value of $15.6B against $5.1B — 3.0× the size. Annaly Capital Management Inc trades at the lower P/E: 5.2× against 13.0×. Annaly Capital Management Inc grew revenue faster over the last twelve months: 50.5% against −5.56%. Annaly Capital Management Inc has the higher net margin (33.3% vs 10.7%) and the higher return on invested capital (13.2% vs 3.21%). Both pay a dividend; Annaly Capital Management Inc yields more (13.7% vs 9.88%). Across the 20 metrics below, Annaly Capital Management Inc leads on 15 and Rithm Capital Corp. on 5.

Valuation

Metric NLY RITM Reit Mortgage median
P/E 5.15 13.01 7.80
P/S 1.82 1.60 1.90
P/B 1.00 0.69 0.61
Price to free cash flow n/m n/m 5.90
EV/EBITDA n/m 16.84 28.40
EV/Sales 1.76 13.42 16.02
Earnings yield 19.41% 7.68% 7.68%
Free cash flow yield (0.46%) (49.92%) 11.60%

Profitability

Metric NLY RITM Reit Mortgage median
Gross margin 38.06% 100.00% 100.00%
Operating margin 0.00% 75.25% 35.40%
Net margin 33.33% 10.74% 11.85%
Free cash flow margin (1.53%) (79.63%) 26.68%
Return on equity 20.55% 4.81% 4.81%
Return on assets 2.18% 0.70% 0.62%
Return on invested capital 13.22% 3.21% 1.22%

Growth

Metric NLY RITM Reit Mortgage median
Revenue growth (TTM) 50.46% (5.56%) 4.70%
EPS growth (last fiscal year) 80.25% (37.72%) —
Revenue growth, 5-year CAGR 103.38% 64.52% 14.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NLY RITM Reit Mortgage median
Debt to equity 0.00 4.44 3.30
Current ratio 0.13 0.76 1.00
Net debt to EBITDA 0.00 15.22 18.31

Dividend

Metric NLY RITM Reit Mortgage median
Dividend yield 13.69% 9.88% 13.05%
Payout ratio 0.47 0.43 1.24

Size

Metric NLY RITM Reit Mortgage median
Market cap 15.56b 5.12b 517.48m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack