ANNALY CAPITAL MANAGEMENT IN (NLY) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:NLY • US0357108390
22.63 USD
0 (0%)
At close: Feb 10, 2026
22.65 USD
+0.02 (+0.09%)
After Hours: 2/10/2026, 8:26:23 PM
We assign a fundamental rating of 5 out of 10 to NLY. NLY was compared to 70 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. NLY has a medium profitability rating, but doesn't score so well on its financial health evaluation. NLY is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
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.
- Of the past 5 years NLY 4 years had a positive operating cash flow.
1.2 Ratios
- NLY has a Return On Assets of 1.07%. This is amongst the best in the industry. NLY outperforms 84.29% of its industry peers.
- With an excellent Return On Equity value of 9.00%, NLY belongs to the best of the industry, outperforming 94.29% of the companies in the same industry.
- The Return On Invested Capital of NLY (0.98%) is better than 81.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 9% | ||
| ROIC | 0.98% |
ROA(3y)0.09%
ROA(5y)1.05%
ROE(3y)0.83%
ROE(5y)6.83%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 20.91%, NLY belongs to the top of the industry, outperforming 88.57% of the companies in the same industry.
- NLY's Profit Margin has declined in the last couple of years.
- NLY has a Operating Margin of 23.66%. This is amongst the best in the industry. NLY outperforms 85.71% of its industry peers.
- In the last couple of years the Operating Margin of NLY has declined.
- NLY has a Gross Margin (26.66%) which is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of NLY has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.66% | ||
| PM (TTM) | 20.91% | ||
| GM | 26.66% |
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
2. Health
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.
- Compared to 1 year ago, NLY has more shares outstanding
- NLY has more shares outstanding than it did 5 years ago.
- NLY has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of -0.72, we must say that NLY is in the distress zone and has some risk of bankruptcy.
- NLY has a Altman-Z score of -0.72. This is in the lower half of the industry: NLY underperforms 75.71% of its industry peers.
- NLY has a debt to FCF ratio of 53.91. This is a negative value and a sign of low solvency as NLY would need 53.91 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 53.91, NLY is doing good in the industry, outperforming 78.57% of the companies in the same industry.
- A Debt/Equity ratio of 7.18 is on the high side and indicates that NLY has dependencies on debt financing.
- NLY has a Debt to Equity ratio (7.18) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.18 | ||
| Debt/FCF | 53.91 | ||
| Altman-Z | -0.72 |
ROIC/WACC0.19
WACC5.12%
2.3 Liquidity
- NLY has a Current Ratio of 0.04. This is a bad value and indicates that NLY is not financially healthy enough and could expect problems in meeting its short term obligations.
- NLY's Current ratio of 0.04 is on the low side compared to the rest of the industry. NLY is outperformed by 85.71% of its industry peers.
- NLY has a Quick Ratio of 0.04. This is a bad value and indicates that NLY is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.04, NLY is doing worse than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 8.15% over the past year.
- NLY shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.87% yearly.
- Looking at the last year, NLY shows a very strong growth in Revenue. The Revenue has grown by 22.06%.
- NLY shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 82.65% yearly.
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%26.28%
3.2 Future
- NLY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.96% yearly.
- The Revenue is expected to grow by 14.58% on average over the next years. This is quite good.
EPS Next Y3.08%
EPS Next 2Y0.82%
EPS Next 3Y0.96%
EPS Next 5YN/A
Revenue Next Year15.65%
Revenue Next 2Y8.95%
Revenue Next 3Y14.58%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 7.75, the valuation of NLY can be described as very cheap.
- 81.43% of the companies in the same industry are more expensive than NLY, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of NLY to the average of the S&P500 Index (28.03), we can say NLY is valued rather cheaply.
- A Price/Forward Earnings ratio of 7.52 indicates a rather cheap valuation of NLY.
- Based on the Price/Forward Earnings ratio, NLY is valued a bit cheaper than the industry average as 74.29% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of NLY to the average of the S&P500 Index (27.97), we can say NLY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.75 | ||
| Fwd PE | 7.52 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NLY is valued cheaply inside the industry as 94.29% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, NLY is valued cheaper than 87.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.79 | ||
| EV/EBITDA | 27.78 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NLY does not grow enough to justify the current Price/Earnings ratio.
- NLY has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.52
PEG (5Y)N/A
EPS Next 2Y0.82%
EPS Next 3Y0.96%
5. Dividend
5.1 Amount
- NLY has a Yearly Dividend Yield of 12.18%, which is a nice return.
- NLY's Dividend Yield is comparable with the industry average which is at 12.58.
- Compared to an average S&P500 Dividend Yield of 1.80, NLY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.18% |
5.2 History
- The dividend of NLY decreases each year by -10.87%.
- NLY has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of NLY decreased recently.
Dividend Growth(5Y)-10.87%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- 131.25% of the earnings are spent on dividend by NLY. This is not a sustainable payout ratio.
DP131.25%
EPS Next 2Y0.82%
EPS Next 3Y0.96%
22.63
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)01-28 2026-01-28/amc
Earnings (Next)04-28 2026-04-28/amc
Inst Owners61.11%
Inst Owner Change-0.38%
Ins Owners0.08%
Ins Owner Change-0.84%
Market Cap15.46B
Revenue(TTM)7.13B
Net Income(TTM)1.34B
Analysts76.47
Price Target24.68 (9.06%)
Short Float %1.76%
Short Ratio1.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.18% |
Yearly Dividend2.77
Dividend Growth(5Y)-10.87%
DP131.25%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.48%
Min EPS beat(2)0.2%
Max EPS beat(2)0.77%
EPS beat(4)4
Avg EPS beat(4)2.47%
Min EPS beat(4)0.2%
Max EPS beat(4)6.77%
EPS beat(8)6
Avg EPS beat(8)1.72%
EPS beat(12)7
Avg EPS beat(12)0.77%
EPS beat(16)11
Avg EPS beat(16)3.53%
Revenue beat(2)2
Avg Revenue beat(2)8.76%
Min Revenue beat(2)7.74%
Max Revenue beat(2)9.78%
Revenue beat(4)4
Avg Revenue beat(4)5.69%
Min Revenue beat(4)0.08%
Max Revenue beat(4)9.78%
Revenue beat(8)7
Avg Revenue beat(8)5.14%
Revenue beat(12)9
Avg Revenue beat(12)-6.16%
Revenue beat(16)12
Avg Revenue beat(16)23.84%
PT rev (1m)9.13%
PT rev (3m)11.15%
EPS NQ rev (1m)0.93%
EPS NQ rev (3m)1.68%
EPS NY rev (1m)-0.14%
EPS NY rev (3m)1.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)6.97%
Revenue NY rev (3m)10.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.75 | ||
| Fwd PE | 7.52 | ||
| P/S | 2.41 | ||
| P/FCF | 7.79 | ||
| P/OCF | 5.41 | ||
| P/B | 1.04 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 27.78 |
EPS(TTM)2.92
EY12.9%
EPS(NY)3.01
Fwd EY13.3%
FCF(TTM)2.91
FCFY12.84%
OCF(TTM)4.18
OCFY18.48%
SpS9.4
BVpS21.83
TBVpS21.82
PEG (NY)2.52
PEG (5Y)N/A
Graham Number37.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 9% | ||
| ROCE | 3.36% | ||
| ROIC | 0.98% | ||
| ROICexc | 1% | ||
| ROICexgc | 1% | ||
| OM | 23.66% | ||
| PM (TTM) | 20.91% | ||
| GM | 26.66% | ||
| FCFM | 30.94% |
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-12.2%
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-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.18 | ||
| Debt/FCF | 53.91 | ||
| Debt/EBITDA | 68.98 | ||
| Cap/Depr | 2620.45% | ||
| Cap/Sales | 13.58% | ||
| Interest Coverage | 0.44 | ||
| Cash Conversion | 184.16% | ||
| Profit Quality | 147.99% | ||
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 | ||
| Altman-Z | -0.72 |
F-Score6
WACC5.12%
ROIC/WACC0.19
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
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 Y3.08%
EPS Next 2Y0.82%
EPS Next 3Y0.96%
EPS Next 5YN/A
Revenue 1Y (TTM)22.06%
Revenue growth 3Y29.74%
Revenue growth 5Y82.65%
Sales Q2Q%26.28%
Revenue Next Year15.65%
Revenue Next 2Y8.95%
Revenue Next 3Y14.58%
Revenue Next 5YN/A
EBIT growth 1Y885.5%
EBIT growth 3Y4.11%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y995.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y224.52%
OCF growth 3YN/A
OCF growth 5YN/A
ANNALY CAPITAL MANAGEMENT IN / NLY 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 8 / 10 to ANNALY CAPITAL MANAGEMENT IN (NLY). This can be considered as Undervalued.
Can you provide the profitability details for ANNALY CAPITAL MANAGEMENT IN?
ANNALY CAPITAL MANAGEMENT IN (NLY) has a profitability rating of 6 / 10.
What is the valuation of ANNALY CAPITAL MANAGEMENT IN based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ANNALY CAPITAL MANAGEMENT IN (NLY) is 7.75 and the Price/Book (PB) ratio is 1.04.
What is the financial health of ANNALY CAPITAL MANAGEMENT IN (NLY) stock?
The financial health rating of ANNALY CAPITAL MANAGEMENT IN (NLY) is 2 / 10.