Annaly Capital Management, Inc.

NYSE:NLY Stock Report

Market Cap: US$11.8b

Annaly Capital Management Balance Sheet Health

Financial Health criteria checks 2/6

Annaly Capital Management has a total shareholder equity of $12.7B and total debt of $89.7B, which brings its debt-to-equity ratio to 706.2%. Its total assets and total liabilities are $103.6B and $90.9B respectively.

Key information

706.2%

Debt to equity ratio

US$89.66b

Debt

Interest coverage ration/a
CashUS$1.71b
EquityUS$12.70b
Total liabilitiesUS$90.86b
Total assetsUS$103.56b

Recent financial health updates

No updates

Recent updates

Annaly Capital: I've Completely Changed My Mind (Rating Upgrade)

Jan 30

When The Dow Breaks, Annaly Will Fall

Dec 27

Annaly Capital: Improved 2025 Outlook As MBS Spread Compression Raises NAV

Dec 18

Annaly: 13% Dividend Yield Is Not Enough

Dec 10

Annaly Capital: A 13% Yield You Don't Want To Miss

Nov 14

A Fat 13% Yield That Can't Be Ignored: Annaly Capital

Nov 07

Unlocking Massive 13% Yields By Busting Market Myths: Annaly Capital

Oct 16

Annaly: Discounted From Graham P/E, But Overall Picture Remains Mixed

Oct 05

Rate Cuts? Time For Income Acceleration With 12.5% Yield: Annaly

Sep 23

Annaly Capital: 3 Things That Have To Go Right For You To Make Money

Aug 23

Annaly: The Big Money Has Not Yet Been Made (Rating Upgrade)

Aug 16

Annaly Capital Management: High-Yield Income Plus A Catalyst

Aug 04

Annaly Capital: Solid Dividend Yield Which Trumps Valuation Concerns

Jul 20

Annaly Capital Management: Get In Before Rates Come Down

May 14

Annaly: Improved Value Proposition (Rating Upgrade)

Apr 27

Annaly: 2022 Replay

Apr 10

Annaly Capital: Don't Chase This High Yield mREIT Off The Cliff

Mar 18

Annaly Capital: Don't Run After This 14% Yield (Rating Downgrade)

Feb 14

Annaly: The Real Spread And Why You Should Buy After The Next Cut

Feb 05

Paid 13% To Do Nothing: Annaly

Jan 28

Annaly's Current Distribution Is Unlikely To Last: Sell Rating

Jan 21

Annaly Capital: Set To Rise From Falling Rates

Jan 02

mREIT Insanity And The Fat Yield Of 14%: Annaly Capital (Part 2)

Dec 13

Annaly Capital Management: Cautiously Optimistic Over This Near 15% Yielder

Nov 27

Annaly Capital Management: This 16.6% Yielding Trust Is A Bargain (Upgrade)

Nov 03

Annaly Capital Q3: Crash Is King (Rating Upgrade)

Oct 26

I Just Bought Annaly Capital, But Not For The 14.8% Yield

Oct 06

Annaly Capital's Sector Comparative Analysis - Part 2 (Includes Q4 2023 + Q1 2024 Dividend Projection)

Sep 28

Annaly Capital Management: Risk/Reward Is Improving (Upgrade)

Sep 13

How Annaly Capital Management Generates Extra Income

Aug 22

Annaly: Wait Until After Jackson Hole

Aug 15

Annaly Capital Q2 Earnings Review: Upgrading To Buy On Potential Peak Rates

Jul 27

Annaly Capital: Broken Model, Downside Is As Low As 70% Of Tangible Book

Jul 03

Annaly Capital: Upgrading To Buy

Jun 13

Annaly Capital co-founder Wellington Denahan to retire from board

Feb 22

Annaly Upcoming Dividend Cut: Not The First, Won't Be The Last

Feb 14

Will Annaly Capital Management Q4 earnings beat for a 13th straight time?

Feb 07

3 Reasons To Be Bearish On Annaly For 2023

Jan 20

My Retirement Is Paid For By Your Home: Annaly Capital

Jan 12

Annaly Capital: My Top 2023 Dividend Pick

Dec 29

Annaly Capital Management declares $0.88 dividend

Dec 08

Financial Position Analysis

Short Term Liabilities: NLY's short term assets ($30.5B) do not cover its short term liabilities ($69.2B).

Long Term Liabilities: NLY's short term assets ($30.5B) exceed its long term liabilities ($21.7B).

Debt to Equity History and Analysis

Debt Level: NLY's net debt to equity ratio (692.7%) is considered high.

Reducing Debt: NLY's debt to equity ratio has reduced from 716% to 706.2% over the past 5 years.

Debt Coverage: NLY's debt is not well covered by operating cash flow (1%).

Interest Coverage: Insufficient data to determine if NLY's interest payments on its debt are well covered by EBIT.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 05:58
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Annaly Capital Management, Inc. is covered by 32 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bruce HartingBarclays
Terry MaBarclays
Derek HewettBofA Global Research