Annaly Capital Management, Inc. logo NLY - Annaly Capital Management, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 16
HOLD 10
SELL 2
STRONG
SELL
0
| PRICE TARGET: $24.50 DETAILS
HIGH: $25.00
LOW: $23.00
MEDIAN: $25.00
CONSENSUS: $24.50
UPSIDE: 14.22%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue
Revenue 6,695.5 6,355.3 5,607.9 4,150.0 751.4 1,484.5 1,814.5 2,079.6 2,351.0 1,992.6 1,386.6 943.8 2,375.2 2,929.0 3,041.8 2,218.7 2,343.9 3,166.4 2,417.9 1,255.0 740.7 550.1 196.3 233.5 99.6 18.9 20.4 17.5 5.7
Cost of Revenue 5.4 60.7 49.6 41.0 49.3 45.4 47.4 36.2 53.1 69.5 39.9 9.2 5.2 8.2 2.3 3.2 4.6 4.1 1.4 1.6 0 0 0 0 0 0 0 0 0
Gross Profit 6,690.1 6,294.6 5,558.3 4,109.0 702.1 1,439.1 1,767.1 2,043.4 2,297.9 1,923.1 1,346.7 934.6 2,369.9 2,920.9 3,039.5 2,215.5 2,339.3 3,162.3 2,416.5 1,253.5 0 0 196.3 233.5 99.6 18.9 20.4 17.5 5.7
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16.2 14.0 7.3 2.3 2.3 2.1 0.9
Other Expenses (178.4) 675.3 3,314.3 987.0 (2,226.6) 1,458.2 1,156.2 1,888.8 721.9 443.0 388.3 1,235.1 (2,027.4) 319.6 715.4 487.5 (235.9) 837.5 63.7 1,096.9 0 0 0 0 0 0 0 0 0
Operating Expenses (178.4) 675.3 3,314.3 987.0 (2,226.6) 1,458.2 1,156.2 1,888.8 721.9 443.0 388.3 1,235.1 (2,027.4) 319.6 715.4 487.5 (235.9) 837.5 63.7 1,096.9 0 0 16.2 14.0 7.3 2.3 2.3 2.1 0.9
Operating Income
Operating Income 6,868.5 5,619.3 2,243.9 3,122.0 2,928.8 (19.1) 610.9 154.6 1,576.0 1,480.1 958.4 (300.5) 4,397.3 2,601.3 2,324.1 1,728.0 2,575.1 2,324.8 2,352.7 156.5 137.8 523.2 362.1 411.3 260.3 109.5 88.0 91.3 24.6
Interest Expense 4,823.7 4,592.2 3,843.0 1,309.7 249.2 899.1 2,784.9 1,897.9 1,008.4 657.8 471.6 512.7 624.7 667.2 480.3 1,194.4 1,295.8 1,888.9 1,926.5 1,055.0 568.6 270.1 182.0 191.8 168.1 92.9 69.8 75.8 19.7
Interest Income 5,959.2 4,840.0 3,731.6 2,778.9 1,983.0 2,229.6 3,787.3 3,332.6 2,493.1 2,211.0 2,170.7 2,632.6 2,918.6 3,259.1 3,579.6 2,683.1 2,922.6 3,115.4 2,355.4 1,221.9 705.0 532.3 337.4 404.2 263.1 109.8 89.8 90 24.7
Profitability
EBITDA 6,871.2 5,649.6 2,268.7 3,102.2 2,674.8 3.6 634.6 1,967.7 2,610.9 2,123.7 955.4 (319.7) 4,365.2 2,443.1 1,366.5 2,895.9 3,845.7 4,154.2 4,278.2 1,158.3 138.4 523.3 0 0 0 0 0 0 0
EBIT 6,868.5 5,619.3 2,243.9 3,081.7 2,650.2 (19.1) 610.9 1,949.6 2,584.4 2,088.9 935.4 (324.3) 4,362.6 2,439.0 1,364.2 2,894.3 3,843.4 4,150.0 4,276.8 1,156.7 137.8 523.2 (216.6) (106.2) (36.9) (2.6) (6.1) (8.2) (2.6)
Income Before Tax 2,044.8 1,027.0 (1,599.0) 1,772.0 2,401.0 (918.2) (2,173.9) 51.8 1,576.0 1,431.2 463.8 (837.0) 3,737.9 1,771.8 402.4 1,299.8 1,996.1 372.2 423.3 101.4 1.5 253.1 180.1 219.5 92.3 16.6 18.1 15.5 4.9
Income Tax Expense (6.9) 15.3 39.4 45.6 4.7 (28.4) (10.8) (2.4) 7.0 (1.6) (2.0) 5.3 8.2 35.9 59.1 35.4 34.4 26.0 8.9 7.5 10.7 4.5 (180.1) (219.5) (92.3) (16.6) (18.1) (15.5) (4.9)
Net Income 2,027.3 1,001.9 (1,643.2) 1,725.3 2,389.9 (891.2) (2,162.9) 54.4 1,569.6 1,433.8 466.6 (842.1) 3,729.7 1,735.9 344.5 1,267.3 1,961.5 346.2 414.4 93.8 (9.2) 248.6 180.1 219.5 92.3 16.6 18.1 15.5 4.9
Per Share Data
EPS (Basic) 2.92 1.62 -3.61 3.93 6.40 -2.92 -6.41 -0.25 5.48 5.56 1.68 -3.84 15.44 6.96 1.48 8.48 14.20 2.56 5.28 1.76 -0.76 8.16 7.80 10.72 8.92 4.72 5.64 4.88 3.32
EPS (Diluted) 2.92 1.62 -3.61 3.92 6.39 -2.92 -6.41 -0.25 5.48 5.56 1.68 -3.84 14.96 6.84 1.48 8.16 14.08 2.56 5.24 1.76 -0.76 8.12 7.76 10.68 8.84 4.60 5.40 4.76 3.12
Shares Outstanding 639.5 521.7 494.5 411.3 356.9 353.7 358.7 302.4 266.5 242.4 236.8 236.9 236.8 243.2 218.6 147.0 136.7 126.8 74.4 41.9 30.6 29.6 23.1 20.5 10.4 3.5 3.2 3.2 3.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997
Current Assets
Cash & Cash Equivalents 2,037.8 285.1 275.9 152.6 119.6 1,243.7 1,850.7 1,735.7 706.6 1,539.7 1,504.6 909.4 5.9 0.2 0.7 0.4 0.1 0.1 0.1 0.5
Short-Term Investments 0 2,064.4 4,213.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 927.7 1,069.0 1,222.7 637.3 235.0 284.0 454.7 426.1 324.8 321.9 1,066.9 381.1 84.9 53.7 105.7 141.3 56.4 53.3 6.8 5.3
Inventory 0 0 0 0 0 0 0 (200.5) (313.9) (89,444.8) 0 0 0 0 0 0 0 0 0 0
Other Current Assets (1.0) 0 1,136.3 1,424.2 0 (1,527.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 2,964.5 3,418.6 6,848.2 2,214.0 354.6 0 2,305.4 426.1 324.8 321.9 1,066.9 381.1 84.9 53.7 105.7 141.3 56.4 53.3 6.8 5.3
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 13.2 15.8 (105,787.5) 580.9 652.2 0 0 0 0 0 0 0 0 0 0
Goodwill 6.7 0 0 0 0 0 92.8 100.9 71.8 71.8 27.9 0 0 0 0 0 0 0 0 0
Intangible Assets 0 458.3 353.0 1,080.2 638.1 0 378.1 557.8 604.1 686.4 10.5 381.1 84.9 0 0 0 0 0 0 0
Long-Term Investments 128,491.4 22,991.4 13,740.8 14,750.1 15,210.3 0 119,237.7 95,362.2 5,781.5 6,790.2 65,047.9 55,698.7 19,428.9 12,934.7 11,551.9 7,575.4 1,978.2 1,437.8 1,520.3 1,161.8
Other Non-Current Assets (128,491.4) 76,688.1 72,285.2 63,806.4 60,561.1 (241.4) (119,708.5) (96,020.8) 95,209.8 80,296.4 4,289.9 1,858.6 92.7 55.6 107.2 141.9 56.8 53.5 7.1 5.9
Total Non-Current Assets 6.7 100,137.8 86,379.1 79,636.7 76,409.5 0 119,708.5 105,787.5 101,760.1 87,905.0 69,376.2 57,597.6 19,560.3 12,990.3 11,659.1 7,717.3 2,035.0 1,491.3 1,527.4 1,167.7
Total Assets 135,609.8 103,556.4 93,227.2 81,850.7 76,764.1 88,455.1 130,295.1 105,787.5 101,760.1 87,905.0 69,376.2 57,597.6 19,560.3 12,990.3 11,659.1 7,717.3 2,035.0 1,491.3 1,527.4 1,167.7
Current Liabilities
Account Payables 2,059.4 268.3 287.9 325.3 91.2 0 463.4 583.0 253.1 238.2 99.5 208.4 35.7 15.0 14.9 16.0 8.3 6.7 5.1 5
Short-Term Debt 81,865.7 68,909.6 64,834.3 59,762.6 55,672.9 64,869.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 (102,297.3) (100,209.4) (94,488.9) (88,033.7) 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 875.6 0 0 0 0 (64,869.3) (939.7) (1,154.0) (1,257.5) (238.2) (4,598.1) (2,541.1) (1,149.1) (824.1) (413.0) (680.2) (271.0) (49.8) (121) (113.8)
Total Current Liabilities 84,800.7 69,862.1 68,696.7 61,657.8 56,233.1 0 939.7 1,154.0 460.8 347.3 99.5 200.0 35.7 15.0 14.9 16.0 8.3 6.7 5.1 5
Non-Current Liabilities
Long-Term Debt 29,993.8 20,695.5 12,704.2 8,545.0 6,204.7 6,996.2 10,563.5 89,135.3 84,815.3 73,078.5 562.4 1,102.3 1,750 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 16.6 (91,669.7) (86,888.5) (75,329.1) 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 4,655.5 301.9 481.3 278.4 1,130.9 (7,009.5) (10,563.5) (89,135.3) (84,815.3) (73,078.5) (562.4) (1,102.3) (1,750) 0 0 0 0 0 0 0
Total Non-Current Liabilities 34,649.2 20,997.3 13,185.5 8,823.5 7,335.6 0 10,563.5 91,669.7 86,888.5 75,329.1 59,821.8 50,414.3 17,859.8 11,841.1 10,579.0 7,050.0 1,899.4 1,388.1 1,401.5 1,032.6
Total Liabilities 119,449.9 90,859.4 81,882.1 70,481.3 63,568.7 74,433.3 114,498.7 91,669.7 86,888.5 75,329.1 59,821.8 50,414.3 17,859.8 11,841.1 10,579.0 7,050.0 1,899.4 1,388.1 1,401.5 1,032.6
Stockholders' Equity
Common Stock 7.1 5.8 5.0 4.7 3.6 14.0 14.3 13.1 11.6 10.2 5.5 5.4 1.2 1.0 0.8 0.6 0.1 0.1 0 0
Retained Earnings (13,157.3) (13,173.1) (12,622.8) (9,543.2) (9,653.6) (10,667.4) (8,309.4) (4,493.7) (2,961.7) (3,136.0) (337.0) (884.9) 4.3 1.4 0.5 4.6 0.7 0.4 0.3 0.2
Accumulated Other Comprehensive Income (488.6) (1,017.7) (1,335.4) (3,708.9) 958.4 3,374.3 2,138.2 (1,979.9) (1,126.0) (1,085.9) 1,891.3 252.2 (120.8) (47.3) 75.5 38.2 (13.0) (37.6) (6.4) 2
Total Stockholders' Equity 16,090.8 12,609.2 11,255.8 11,270.4 13,169.8 14,008.3 15,792.0 14,112.1 14,865.5 12,568.2 9,554.4 7,183.3 1,700.5 1,149.2 1,080.1 667.4 135.6 103.3 125.9 135.1
Total Liabilities & Equity 135,609.8 103,556.4 93,227.2 81,850.7 76,764.1 88,455.1 130,295.1 105,787.5 101,760.1 87,905.0 69,376.2 57,597.6 19,560.3 12,990.3 11,659.1 7,717.3 2,035.0 1,491.3 1,527.4 1,167.7
Debt Metrics
Total Debt 111,859.5 89,605.0 77,538.5 68,307.6 61,877.6 71,878.7 10,563.5 8,041.4 7,119.0 7,865.0 29.1 0 0 0 0 6,368 1,628 1,338 1,281 919
Net Debt 109,821.6 89,319.9 77,262.6 68,155.1 61,758.0 70,635.0 8,712.8 6,305.7 6,412.4 6,325.3 (1,475.5) (909.4) (5.9) (0.2) (0.7) 6,367.6 1,627.9 1,337.9 1,280.9 918.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997
Operating Activities
Net Income 2,051.7 1,011.8 (1,638.5) 1,726.4 2,396.3 (889.8) (2,163.1) 54.1 1,569.0 1,432.8 (9.2) 248.6 180.1 219.5 92.3 16.6 18.1 15.5 4.9
Depreciation & Amortization 34.0 30.4 24.8 20.5 24.6 41.4 31.6 72.4 26.6 34.8 154.9 179.7 216.6 106.2 36.9 2.6 6.1 8.2 2.6
Stock-Based Compensation 0 0 0 0 0 0 0 0 1.4 7.0 0 0 0 0 0 0 0 0 0
Change in Working Capital 224.8 148.4 (694.5) (223.1) (33.9) 92.0 (188.6) 188.9 27.5 (33.4) 2.0 (5.4) (2.6) (4.0) (26.6) (3.0) 1.6 (1.6) (0.2)
Other Non-Cash Items (1,617.6) 2,120.1 4,675.3 3,848.6 689.8 1,284.4 1,120.6 2,306.6 5,166.9 5,305.7 133.9 (6.0) (39.2) (19.6) (2.8) (2.0) (0.5) (3.3) (0.8)
Operating Cash Flow 692.9 3,310.7 2,367.2 5,372.4 3,076.8 528.0 (1,199.6) 2,622.0 6,932.2 6,855.9 281.5 416.9 354.9 302.1 99.8 14.3 25.4 18.8 6.5
Investing Activities
Capital Expenditure (915.1) (863.1) (396.8) (1,014.3) (538.1) 0 0 (0.4) (11.5) (174.2) 0 0 0 0 0 0 0 0 0
Acquisitions 0 0 0 0 1,118.4 0 0 (258.3) 5.5 41.7 0 0 0 0 0 0 0 0 0
Purchases of Investments (40,746.6) (32,213.6) (41,036.3) (45,474.5) (22,344.8) (32,676.9) (64,093.9) (45,439.3) (102.3) (243.6) (7,416.9) (14,397.3) (13,140.1) (11,079.6) (8,194.2) (952.7) (559.7) (1,420.6) (1,310.4)
Sales/Maturities of Investments 25,514.2 27,940.7 37,413.2 34,597.0 30,420.2 72,211.3 25,707.1 33,406.9 226.6 96.6 10,415.1 7,937.9 11,936.0 6,805.5 2,934.7 658.3 485.2 1,054.9 254.5
Other Investing Activities (11,215.3) (9,848.8) (4,395.9) (2,635.3) (3,756.5) 33,494.2 17,745.2 11,382.6 (14,784.1) (1,782.7) 0 2.5 0 0 0 0 0 0 0.1
Investing Cash Flow (27,362.7) (14,984.8) (8,415.9) (14,527.1) 4,899.3 40,351.8 (20,641.7) (908.4) (14,665.9) (2,062.1) 2,998.2 (6,456.9) (1,204.1) (4,274.1) (5,259.5) (294.4) (74.5) (365.7) (1,055.8)
Financing Activities
Net Debt Issuance 9,760.3 7,969.9 3,814.3 4,114.6 3,006.5 1,124.2 1,385.9 (464.9) 11,395.1 1,577.3 (3,131.6) 5,694.8 849.3 3,795.1 4,740.4 290.1 57.8 361.7 918.8
Stock Repurchased 0 0 0 0 0 (669.4) (223.6) (412.5) (185.3) (102.7) 0 0 0 0 0 0 0 0 0
Dividends Paid (1,882.2) (1,493.7) (1,517.8) (1,519.2) (1,359.7) (1,475.7) (1,689.0) (1,540.9) (1,353.2) (1,220.9) (190.0) (230.1) (191.6) (202.0) (56.1) (17.5) (17.1) (14.4) (1.9)
Other Financing Activities 16,445.2 3,721.7 2,913.9 4,158.0 (10,076.7) (40,467.0) 20,883.9 1,321.4 (3.2) (1.9) 0 0 0 0 475.7 7.4 8.2 (0.1) 0
Financing Cash Flow 27,219.6 11,750.0 5,884.1 9,389.3 (7,877.7) (41,486.8) 21,956.2 (684.4) 12,200.6 (5,023.2) (3,280.8) 6,045.6 848.7 3,972.3 5,160.1 280.2 49.1 346.4 1,049.8
Cash Position
Net Change in Cash 549.8 75.9 (164.6) 234.6 98.4 (607.0) 115.0 1,029.2 (833.2) (229.5) (1.0) 5.6 (0.5) 0.3 0.3 0.0 0.0 (0.5) 0.5
Cash at Beginning 1,488.0 1,412.1 1,576.7 1,342.1 1,243.7 1,850.7 1,735.7 706.6 1,539.7 1,769.3 5.9 0.2 0.7 0.4 0.1 0.1 0.1 0.5 0
Cash at End 2,037.8 1,488.0 1,412.1 1,576.7 1,342.1 1,243.7 1,850.7 1,735.7 706.6 1,539.7 4.8 5.9 0.2 0.7 0.4 0.1 0.1 0 0.5
Free Cash Flow (222.2) 2,447.5 1,970.4 4,358.1 2,538.7 528.0 (1,199.6) 2,621.6 6,920.7 6,681.7 281.5 416.9 354.9 302.1 99.8 14.3 25.4 18.8 6.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Income Statement
Revenue 6,695.5 6,355.3 5,607.9 4,150.0 751.4 1,484.5 1,814.5 2,079.6 2,351.0 1,992.6 1,386.6 943.8 2,375.2 2,929.0 3,041.8 2,218.7 2,343.9 3,166.4 2,417.9 1,255.0 740.7 550.1 196.3 233.5 99.6 18.9 20.4 17.5 5.7
Gross Profit 6,690.1 6,294.6 5,558.3 4,109.0 702.1 1,439.1 1,767.1 2,043.4 2,297.9 1,923.1 1,346.7 934.6 2,369.9 2,920.9 3,039.5 2,215.5 2,339.3 3,162.3 2,416.5 1,253.5 0 0 196.3 233.5 99.6 18.9 20.4 17.5 5.7
Operating Income 6,868.5 5,619.3 2,243.9 3,122.0 2,928.8 (19.1) 610.9 154.6 1,576.0 1,480.1 958.4 (300.5) 4,397.3 2,601.3 2,324.1 1,728.0 2,575.1 2,324.8 2,352.7 156.5 137.8 523.2 362.1 411.3 260.3 109.5 88.0 91.3 24.6
Net Income 2,027.3 1,001.9 (1,643.2) 1,725.3 2,389.9 (891.2) (2,162.9) 54.4 1,569.6 1,433.8 466.6 (842.1) 3,729.7 1,735.9 344.5 1,267.3 1,961.5 346.2 414.4 93.8 (9.2) 248.6 180.1 219.5 92.3 16.6 18.1 15.5 4.9
EPS (Diluted) 2.92 1.62 -3.61 3.92 6.39 -2.92 -6.41 -0.25 5.48 5.56 1.68 -3.84 14.96 6.84 1.48 8.16 14.08 2.56 5.24 1.76 -0.76 8.12 7.76 10.68 8.84 4.60 5.40 4.76 3.12
Balance Sheet
Cash & Equivalents 2,037.8 285.1 275.9 152.6 119.6 1,243.7 1,850.7 1,735.7 706.6 1,539.7 1,504.6 909.4 5.9 0.2 0.7 0.4 0.1 0.1 0.1 0.5
Total Assets 135,609.8 103,556.4 93,227.2 81,850.7 76,764.1 88,455.1 130,295.1 105,787.5 101,760.1 87,905.0 69,376.2 57,597.6 19,560.3 12,990.3 11,659.1 7,717.3 2,035.0 1,491.3 1,527.4 1,167.7
Total Debt 111,859.5 89,605.0 77,538.5 68,307.6 61,877.6 71,878.7 10,563.5 8,041.4 7,119.0 7,865.0 29.1 0 0 0 0 6,368 1,628 1,338 1,281 919
Stockholders' Equity 16,090.8 12,609.2 11,255.8 11,270.4 13,169.8 14,008.3 15,792.0 14,112.1 14,865.5 12,568.2 9,554.4 7,183.3 1,700.5 1,149.2 1,080.1 667.4 135.6 103.3 125.9 135.1
Cash Flow
Operating Cash Flow 692.9 3,310.7 2,367.2 5,372.4 3,076.8 528.0 (1,199.6) 2,622.0 6,932.2 6,855.9 281.5 416.9 354.9 302.1 99.8 14.3 25.4 18.8 6.5
Capital Expenditure (915.1) (863.1) (396.8) (1,014.3) (538.1) 0 0 (0.4) (11.5) (174.2) 0 0 0 0 0 0 0 0 0
Free Cash Flow (222.2) 2,447.5 1,970.4 4,358.1 2,538.7 528.0 (1,199.6) 2,621.6 6,920.7 6,681.7 281.5 416.9 354.9 302.1 99.8 14.3 25.4 18.8 6.5