ANNALY CAPITAL MANAGEMENT IN (NLY) Stock Fundamental Analysis
NYSE:NLY • US0357108390
23.24 USD
-0.04 (-0.17%)
At close: Feb 27, 2026
23.3178 USD
+0.08 (+0.33%)
After Hours: 2/27/2026, 8:22:57 PM
Overall NLY gets a fundamental rating of 5 out of 10. We evaluated NLY against 69 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. There are concerns on the financial health of NLY while its profitability can be described as average. NLY is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
- In the past year NLY was profitable.
- In the past year NLY had a positive cash flow from operations.
- NLY had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years NLY had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of NLY (1.38%) is better than 91.30% of its industry peers.
- NLY has a Return On Equity of 11.62%. This is amongst the best in the industry. NLY outperforms 97.10% of its industry peers.
- NLY has a Return On Invested Capital of 1.22%. This is amongst the best in the industry. NLY outperforms 84.06% of its industry peers.
| Industry Rank | Sector 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
1.3 Margins
- NLY has a Profit Margin of 26.22%. This is amongst the best in the industry. NLY outperforms 88.41% of its industry peers.
- In the last couple of years the Profit Margin of NLY has declined.
- NLY's Operating Margin of 28.69% is amongst the best of the industry. NLY outperforms 85.51% of its industry peers.
- In the last couple of years the Operating Margin of NLY has declined.
- NLY has a Gross Margin (31.49%) which is comparable to the rest of the industry.
- NLY's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector 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
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
- The number of shares outstanding for NLY has been increased compared to 5 years ago.
- The debt/assets ratio for NLY has been reduced compared to a year ago.
2.2 Solvency
- NLY has an Altman-Z score of -0.69. This is a bad value and indicates that NLY is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of NLY (-0.69) is worse than 73.91% of its industry peers.
- A Debt/Equity ratio of 7.22 is on the high side and indicates that NLY has dependencies on debt financing.
- The Debt to Equity ratio of NLY (7.22) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.69 |
ROIC/WACC0.29
WACC4.22%
2.3 Liquidity
- A Current Ratio of 0.03 indicates that NLY may have some problems paying its short term obligations.
- NLY's Current ratio of 0.03 is on the low side compared to the rest of the industry. NLY is outperformed by 85.51% of its industry peers.
- A Quick Ratio of 0.03 indicates that NLY may have some problems paying its short term obligations.
- NLY has a worse Quick ratio (0.03) than 85.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.03 | ||
| Quick Ratio | 0.03 |
3. Growth
3.1 Past
- NLY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.15%, which is quite good.
- Measured over the past years, NLY shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.87% on average per year.
- The Revenue has grown by 22.06% in the past year. This is a very strong growth!
- The Revenue has been growing by 82.65% on average over the past years. This is a very strong growth!
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
- NLY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.96% yearly.
- NLY is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.58% yearly.
EPS Next Y3.08%
EPS Next 2Y0.82%
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 7.96 indicates a rather cheap valuation of NLY.
- Based on the Price/Earnings ratio, NLY is valued cheaper than 81.16% of the companies in the same industry.
- When comparing the Price/Earnings ratio of NLY to the average of the S&P500 Index (27.10), we can say NLY is valued rather cheaply.
- NLY is valuated cheaply with a Price/Forward Earnings ratio of 7.72.
- Based on the Price/Forward Earnings ratio, NLY is valued a bit cheaper than 69.57% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of NLY to the average of the S&P500 Index (28.06), we can say NLY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.96 | ||
| Fwd PE | 7.72 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NLY indicates a rather cheap valuation: NLY is cheaper than 95.65% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.43 |
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)2.59
PEG (5Y)N/A
EPS Next 2Y0.82%
EPS Next 3Y0.96%
5. Dividend
5.1 Amount
- NLY has a Yearly Dividend Yield of 8.98%, which is a nice return.
- Compared to an average industry Dividend Yield of 11.54, NLY is paying slightly less dividend.
- NLY's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.98% |
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.
- NLY has decreased its dividend recently.
Dividend Growth(5Y)-6.82%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- 100.69% of the earnings are spent on dividend by NLY. This is not a sustainable payout ratio.
DP100.69%
EPS Next 2Y0.82%
EPS Next 3Y0.96%
23.24
-0.04 (-0.17%)
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 Change3.97%
Ins Owners0.08%
Ins Owner Change-3.05%
Market Cap16.43B
Revenue(TTM)7.13B
Net Income(TTM)1.87B
Analysts78.82
Price Target24.68 (6.2%)
Short Float %1.88%
Short Ratio1.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.98% |
Yearly Dividend2.93
Dividend Growth(5Y)-6.82%
DP100.69%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
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)6.16%
PT rev (3m)9.5%
EPS NQ rev (1m)0.38%
EPS NQ rev (3m)1.99%
EPS NY rev (1m)0.05%
EPS NY rev (3m)1.59%
Revenue NQ rev (1m)12.24%
Revenue NQ rev (3m)12.24%
Revenue NY rev (1m)12.18%
Revenue NY rev (3m)14.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.96 | ||
| Fwd PE | 7.72 | ||
| P/S | 2.3 | ||
| P/FCF | N/A | ||
| P/OCF | 23.71 | ||
| P/B | 1.02 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | 22.43 |
EPS(TTM)2.92
EY12.56%
EPS(NY)3.01
Fwd EY12.95%
FCF(TTM)-0.27
FCFYN/A
OCF(TTM)0.98
OCFY4.22%
SpS10.08
BVpS22.76
TBVpS22.75
PEG (NY)2.59
PEG (5Y)N/A
Graham Number38.67
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | -0.69 |
F-Score4
WACC4.22%
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 Y3.08%
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%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 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.
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 7.96 and the Price/Book (PB) ratio is 1.02.
What is the financial health of ANNALY CAPITAL MANAGEMENT IN (NLY) stock?
The financial health rating of ANNALY CAPITAL MANAGEMENT IN (NLY) is 1 / 10.