ANNALY CAPITAL MANAGEMENT IN (NLY) Fundamental Analysis & Valuation

NYSE:NLY • US0357108390

Current stock price

22.1 USD
+0.3 (+1.38%)
At close:
22.03 USD
-0.07 (-0.32%)
Pre-Market:

This NLY fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. NLY Profitability Analysis

1.1 Basic Checks

  • In the past year NLY was profitable.
  • NLY had a positive operating cash flow in the past year.
  • Of the past 5 years NLY 4 years were profitable.
  • NLY had a positive operating cash flow in each of the past 5 years.
NLY Yearly Net Income VS EBIT VS OCF VS FCFNLY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 1.38%, NLY belongs to the top of the industry, outperforming 89.71% of the companies in the same industry.
  • NLY has a Return On Equity of 11.62%. This is amongst the best in the industry. NLY outperforms 82.35% of its industry peers.
  • The Return On Invested Capital of NLY (1.22%) is better than 88.24% of its industry peers.
Industry RankSector Rank
ROA 1.38%
ROE 11.62%
ROIC 1.22%
ROA(3y)0.09%
ROA(5y)1.05%
ROE(3y)0.83%
ROE(5y)6.83%
ROIC(3y)N/A
ROIC(5y)N/A
NLY Yearly ROA, ROE, ROICNLY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10

1.3 Margins

  • With a decent Profit Margin value of 26.22%, NLY is doing good in the industry, outperforming 76.47% of the companies in the same industry.
  • NLY's Profit Margin has declined in the last couple of years.
  • Looking at the Operating Margin, with a value of 28.69%, NLY is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
  • NLY's Operating Margin has declined in the last couple of years.
  • NLY's Gross Margin of 31.49% is in line compared to the rest of the industry. NLY outperforms 42.65% of its industry peers.
  • In the last couple of years the Gross Margin of NLY has declined.
Industry RankSector Rank
OM 28.69%
PM (TTM) 26.22%
GM 31.49%
OM growth 3Y-19.76%
OM growth 5YN/A
PM growth 3Y-19.07%
PM growth 5YN/A
GM growth 3Y-19.28%
GM growth 5YN/A
NLY Yearly Profit, Operating, Gross MarginsNLY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -100 -200

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. NLY Health Analysis

2.1 Basic Checks

  • NLY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • NLY has more shares outstanding than it did 1 year ago.
  • NLY has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for NLY has been reduced compared to a year ago.
NLY Yearly Shares OutstandingNLY Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
NLY Yearly Total Debt VS Total AssetsNLY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.2 Solvency

  • Based on the Altman-Z score of -0.70, we must say that NLY is in the distress zone and has some risk of bankruptcy.
  • With a Altman-Z score value of -0.70, NLY is not doing good in the industry: 73.53% of the companies in the same industry are doing better.
  • A Debt/Equity ratio of 7.22 is on the high side and indicates that NLY has dependencies on debt financing.
  • NLY has a Debt to Equity ratio (7.22) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 7.22
Debt/FCF N/A
Altman-Z -0.7
ROIC/WACC0.29
WACC4.21%
NLY Yearly LT Debt VS Equity VS FCFNLY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B

2.3 Liquidity

  • NLY has a Current Ratio of 0.03. This is a bad value and indicates that NLY is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of NLY (0.03) is worse than 85.29% of its industry peers.
  • A Quick Ratio of 0.03 indicates that NLY may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.03, NLY is doing worse than 85.29% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.03
Quick Ratio 0.03
NLY Yearly Current Assets VS Current LiabilitesNLY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. NLY Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 8.15% over the past year.
  • The Earnings Per Share has been decreasing by -7.87% on average over the past years.
  • NLY shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.06%.
  • Measured over the past years, NLY shows a very strong growth in Revenue. The Revenue has been growing by 82.65% on average per year.
EPS 1Y (TTM)8.15%
EPS 3Y-11.9%
EPS 5Y-7.87%
EPS Q2Q%2.78%
Revenue 1Y (TTM)22.06%
Revenue growth 3Y29.74%
Revenue growth 5Y82.65%
Sales Q2Q%79.44%

3.2 Future

  • Based on estimates for the next years, NLY will show a small growth in Earnings Per Share. The EPS will grow by 0.96% on average per year.
  • The Revenue is expected to grow by 14.58% on average over the next years. This is quite good.
EPS Next Y3.46%
EPS Next 2Y1.08%
EPS Next 3Y0.96%
EPS Next 5YN/A
Revenue Next Year20.28%
Revenue Next 2Y10.98%
Revenue Next 3Y14.58%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
NLY Yearly Revenue VS EstimatesNLY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B 8B
NLY Yearly EPS VS EstimatesNLY Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4 5

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Find the best growth stocksShow best growing peers

6

4. NLY Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 7.57, the valuation of NLY can be described as very cheap.
  • Compared to the rest of the industry, the Price/Earnings ratio of NLY indicates a rather cheap valuation: NLY is cheaper than 83.82% of the companies listed in the same industry.
  • NLY's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.91.
  • A Price/Forward Earnings ratio of 7.32 indicates a rather cheap valuation of NLY.
  • Based on the Price/Forward Earnings ratio, NLY is valued a bit cheaper than 76.47% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 23.68. NLY is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.57
Fwd PE 7.32
NLY Price Earnings VS Forward Price EarningsNLY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • 95.59% of the companies in the same industry are more expensive than NLY, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 22.15
NLY Per share dataNLY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The decent profitability rating of NLY may justify a higher PE ratio.
PEG (NY)2.19
PEG (5Y)N/A
EPS Next 2Y1.08%
EPS Next 3Y0.96%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. NLY Dividend Analysis

5.1 Amount

  • NLY has a Yearly Dividend Yield of 13.48%, which is a nice return.
  • Compared to an average industry Dividend Yield of 13.66, NLY is paying slightly less dividend.
  • Compared to an average S&P500 Dividend Yield of 1.89, NLY pays a better dividend.
Industry RankSector Rank
Dividend Yield 13.48%

5.2 History

  • The dividend of NLY decreases each year by -6.82%.
  • NLY has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of NLY decreased in the last 3 years.
Dividend Growth(5Y)-6.82%
Div Incr Years1
Div Non Decr Years2
NLY Yearly Dividends per shareNLY Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 5 10 15

5.3 Sustainability

  • NLY pays out 100.69% of its income as dividend. This is not a sustainable payout ratio.
DP100.69%
EPS Next 2Y1.08%
EPS Next 3Y0.96%
NLY Yearly Income VS Free CF VS DividendNLY Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B
NLY Dividend Payout.NLY Dividend Payout, showing the Payout Ratio.NLY Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

NLY Fundamentals: All Metrics, Ratios and Statistics

ANNALY CAPITAL MANAGEMENT IN

NYSE:NLY (4/9/2026, 8:04:00 PM)

Premarket: 22.03 -0.07 (-0.32%)

22.1

+0.3 (+1.38%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)01-28
Earnings (Next)04-29
Inst Owners60.5%
Inst Owner Change0%
Ins Owners0.09%
Ins Owner Change1.54%
Market Cap15.88B
Revenue(TTM)7.13B
Net Income(TTM)1.87B
Analysts78.82
Price Target24.89 (12.62%)
Short Float %2.03%
Short Ratio1.74
Dividend
Industry RankSector Rank
Dividend Yield 13.48%
Yearly Dividend2.93
Dividend Growth(5Y)-6.82%
DP100.69%
Div Incr Years1
Div Non Decr Years2
Ex-Date03-31
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.18%
Min EPS beat(2)0.16%
Max EPS beat(2)0.2%
EPS beat(4)4
Avg EPS beat(4)0.82%
Min EPS beat(4)0.16%
Max EPS beat(4)2.14%
EPS beat(8)6
Avg EPS beat(8)1.21%
EPS beat(12)8
Avg EPS beat(12)0.79%
EPS beat(16)11
Avg EPS beat(16)3.32%
Revenue beat(2)2
Avg Revenue beat(2)35.72%
Min Revenue beat(2)9.78%
Max Revenue beat(2)61.67%
Revenue beat(4)4
Avg Revenue beat(4)19.82%
Min Revenue beat(4)0.08%
Max Revenue beat(4)61.67%
Revenue beat(8)8
Avg Revenue beat(8)13.24%
Revenue beat(12)10
Avg Revenue beat(12)9.08%
Revenue beat(16)12
Avg Revenue beat(16)26.14%
PT rev (1m)0%
PT rev (3m)10.03%
EPS NQ rev (1m)1.2%
EPS NQ rev (3m)1.69%
EPS NY rev (1m)0%
EPS NY rev (3m)0.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)12.24%
Revenue NY rev (1m)0%
Revenue NY rev (3m)11.26%
Valuation
Industry RankSector Rank
PE 7.57
Fwd PE 7.32
P/S 2.23
P/FCF N/A
P/OCF 22.91
P/B 0.99
P/tB 0.99
EV/EBITDA 22.15
EPS(TTM)2.92
EY13.21%
EPS(NY)3.02
Fwd EY13.67%
FCF(TTM)-0.26
FCFYN/A
OCF(TTM)0.96
OCFY4.36%
SpS9.92
BVpS22.4
TBVpS22.39
PEG (NY)2.19
PEG (5Y)N/A
Graham Number38.36
Profitability
Industry RankSector Rank
ROA 1.38%
ROE 11.62%
ROCE 4.2%
ROIC 1.22%
ROICexc 1.24%
ROICexgc 1.24%
OM 28.69%
PM (TTM) 26.22%
GM 31.49%
FCFM N/A
ROA(3y)0.09%
ROA(5y)1.05%
ROE(3y)0.83%
ROE(5y)6.83%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-12.29%
ROICexgc growth 5YN/A
ROICexc growth 3Y-12.19%
ROICexc growth 5YN/A
OM growth 3Y-19.76%
OM growth 5YN/A
PM growth 3Y-19.07%
PM growth 5YN/A
GM growth 3Y-19.28%
GM growth 5YN/A
F-Score4
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 7.22
Debt/FCF N/A
Debt/EBITDA 55.89
Cap/Depr 2593.82%
Cap/Sales 12.38%
Interest Coverage 0.59
Cash Conversion 33.33%
Profit Quality N/A
Current Ratio 0.03
Quick Ratio 0.03
Altman-Z -0.7
F-Score4
WACC4.21%
ROIC/WACC0.29
Cap/Depr(3y)2345.59%
Cap/Depr(5y)2748.31%
Cap/Sales(3y)14.47%
Cap/Sales(5y)18.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.15%
EPS 3Y-11.9%
EPS 5Y-7.87%
EPS Q2Q%2.78%
EPS Next Y3.46%
EPS Next 2Y1.08%
EPS Next 3Y0.96%
EPS Next 5YN/A
Revenue 1Y (TTM)22.06%
Revenue growth 3Y29.74%
Revenue growth 5Y82.65%
Sales Q2Q%79.44%
Revenue Next Year20.28%
Revenue Next 2Y10.98%
Revenue Next 3Y14.58%
Revenue Next 5YN/A
EBIT growth 1Y99.1%
EBIT growth 3Y4.11%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-107.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-79.07%
OCF growth 3Y-49.47%
OCF growth 5Y5.59%

ANNALY CAPITAL MANAGEMENT IN / NLY Fundamental Analysis FAQ

What is the ChartMill fundamental rating of ANNALY CAPITAL MANAGEMENT IN (NLY) stock?

ChartMill assigns a fundamental rating of 5 / 10 to NLY.


What is the valuation status of ANNALY CAPITAL MANAGEMENT IN (NLY) stock?

ChartMill assigns a valuation rating of 6 / 10 to ANNALY CAPITAL MANAGEMENT IN (NLY). This can be considered as Fairly Valued.


What is the profitability of NLY stock?

ANNALY CAPITAL MANAGEMENT IN (NLY) has a profitability rating of 6 / 10.


What is the expected EPS growth for ANNALY CAPITAL MANAGEMENT IN (NLY) stock?

The Earnings per Share (EPS) of ANNALY CAPITAL MANAGEMENT IN (NLY) is expected to grow by 3.46% in the next year.


How sustainable is the dividend of ANNALY CAPITAL MANAGEMENT IN (NLY) stock?

The dividend rating of ANNALY CAPITAL MANAGEMENT IN (NLY) is 4 / 10 and the dividend payout ratio is 100.69%.