profit from every $100 of sales.
$0$100
Annaly Capital Management
$18.33-2.08% today
-16.7% in 1 year
1-year low $17.721-year high $24.40
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $7.12 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Annaly Capital Management sold, what it kept, and what it did with the cash.
Sales went from $1.95 billion in 2022 to $2.24 billion in 2025, with $2.03 billion of profit last year.
SalesProfit
Annaly Capital Management vs. similar companies
Annaly Capital Management grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Annaly Capital Management | 7.1× · Cheap | ||
 AGNC Investment | 6.5× · Cheap | ||
 Rithm Capital | 7.5× · Cheap | ||
 Starwood Property | 10.7× · Cheap | ||
 Dynex Capital | 8.5× · Cheap |
AI analysis
An AI analyst reads Annaly Capital Management's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,954 | -1,437 | 1,198 | 2,244 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 1,725 | -1,643 | 1,002 | 2,027 | |
| 3.92 | -3.61 | 1.62 | 2.92 | |
| – | – | – | – | |
| – | – | – | – | |
| 88.3% | 114.4% | 83.6% | 90.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 81,851 | 93,227 | 103,556 | 135,610 |
| Cash | 153 | 276 | 285 | 355 |
| Total debt | 8,795 | 13,204 | 21,445 | 31,926 |
| Total liabilities | 70,481 | 81,882 | 90,859 | 119,450 |
| 11,270 | 11,256 | 12,609 | 16,091 | |
| 412 | 495 | 523 | 641 | |
| 12.1% | 7.2% | 13.0% | 11.3% | |
| 15.3% | -14.6% | 7.9% | 12.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 5,372 | 2,367 | 3,311 | 693 | |
| 1,014 | 397 | 863 | 915 | |
| 4,358 | 1,970 | 2,448 | -222 | |
| Dividends paid | 1,519 | 1,518 | 1,494 | 1,882 |
| 0 | – | – | – | |
| – | – | – | – |
Valuation
- 7.1×
- 6.1×
- –
- 1.0×
- 6.4×
- –
- –
- -1.5%
- 14.0%
- 12.5%
Profitability
- 99.2%
- 105.2%
- 90.3%
- 105.5%
- 264.0%
- 1.2%
- 14.4%
- 1.6%
- 13.5%
- –
Growth
- +4.7%
- −9.4%
- −109.1%
- −5.1%
- +15.7%
Financial health
- 15.9×
- 7.18
- 84.4%
- 1.4×
- 0.03
- 0.03
- 0.05
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 12%of 666
Bottom 40%of 762
Bottom 13%of 763
What analysts expect
- Average price target
- $24.50
- Range
- $23.00 – $25.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 21, 2026 | 0.33 | 0.74 | −55.4% |
| Jan 28, 2026 | 0.74 | 0.72 | +2.8% |
| Oct 22, 2025 | 0.73 | 0.72 | +1.4% |
| Jul 23, 2025 | 0.73 | 0.72 | +1.4% |
| Apr 30, 2025 | 0.72 | 0.71 | +1.4% |
| Jan 29, 2025 | 0.72 | 0.67 | +7.5% |
| Oct 23, 2024 | 0.66 | 0.67 | −1.5% |
| Jul 24, 2024 | 0.68 | 0.66 | +3.0% |
12.5%of the share price, paid each year
On $1,000 invested$125a year at today's yield, before tax
−5.1%2020 to 2025
Raised1 yearin a row, in our data
Paid per share, each year
$4.80 in 2015 → $2.80 in 2025
How safe it looks
92.8% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
32No pass
Benjamin Graham
25No pass
Philip Fisher
47No pass
Peter Lynch
54No pass
Joel Greenblatt
68Pass
Charlie Munger
46No pass
Terry Smith
35No pass
Questions about Annaly Capital Management
Is Annaly Capital Management a good stock to buy?
A business with weak numbers, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Annaly Capital Management AI analysis
What does Annaly Capital Management do?
Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. It is in REIT - Mortgage, based in New York, NY, United States, with 212 employees.
Does Annaly Capital Management pay a dividend?
Yes. At today's price the dividend is 12.5% a year, about 93% of its yearly profit. In 2025 it paid out $1.88 billion in dividends.
Is Annaly Capital Management stock halal?
No. Annaly Capital Management does not pass our halal screen: its main business, mortgage lending, is not permitted. How we check
How has Annaly Capital Management stock done over the past year?
Down 16.7% over the past twelve months, to $18.33. It traded between $17.72 and $24.40 and is 24.9% below its high.
Who are Annaly Capital Management's competitors?
The largest listed companies in the same industry are AGNC Investment, Rithm Capital, Starwood Property and Dynex Capital. The peers table on this page compares their profit, growth and price with Annaly Capital Management's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.