ANNALY CAPITAL MANAGEMENT IN (NLY) Stock Fundamental Analysis
NYSE:NLY • US0357108390
23.02 USD
+0.2 (+0.88%)
At close: Feb 24, 2026
23.05 USD
+0.03 (+0.13%)
Pre-Market: 2/25/2026, 8:21:18 AM
We assign a fundamental rating of 5 out of 10 to NLY. NLY was compared to 69 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. While NLY is still in line with the averages on profitability rating, there are concerns on its financial health. NLY is growing strongly while it is still valued neutral. This is a good 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.
- NLY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- NLY's Return On Assets of 1.38% is amongst the best of the industry. NLY outperforms 91.30% of its industry peers.
- Looking at the Return On Equity, with a value of 11.62%, NLY belongs to the top of the industry, outperforming 97.10% of the companies in the same industry.
- 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
- With an excellent Profit Margin value of 26.22%, NLY belongs to the best of the industry, outperforming 88.41% of the companies in the same industry.
- 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's Gross Margin of 31.49% is in line compared to the rest of the industry. NLY outperforms 53.62% of its industry peers.
- 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NLY 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.
2.2 Solvency
- NLY has an Altman-Z score of -0.70. This is a bad value and indicates that NLY is not financially healthy and even has some risk of bankruptcy.
- NLY has a worse Altman-Z score (-0.70) 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.
- NLY has a Debt to Equity ratio (7.22) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.7 |
ROIC/WACC0.29
WACC4.14%
2.3 Liquidity
- A Current Ratio of 0.03 indicates that NLY may have some problems paying its short term obligations.
- NLY has a Current ratio of 0.03. This is amonst the worse of the industry: NLY underperforms 85.51% of its industry peers.
- NLY has a Quick 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.
- Looking at the Quick ratio, with a value of 0.03, NLY is doing worse than 85.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.03 | ||
| Quick Ratio | 0.03 |
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%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.
- 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 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
- NLY is valuated cheaply with a Price/Earnings ratio of 7.88.
- Based on the Price/Earnings ratio, NLY is valued a bit cheaper than the industry average as 78.26% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 26.98, NLY is valued rather cheaply.
- The Price/Forward Earnings ratio is 7.65, which indicates a rather cheap valuation of NLY.
- 69.57% of the companies in the same industry are more expensive than NLY, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 28.01. NLY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.88 | ||
| Fwd PE | 7.65 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NLY is valued cheaper than 95.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.34 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- NLY has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.56
PEG (5Y)N/A
EPS Next 2Y0.82%
EPS Next 3Y0.96%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 8.98%, NLY is a good candidate for dividend investing.
- NLY's Dividend Yield is slightly below the industry average, which is at 11.23.
- NLY's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.98% |
5.2 History
- The dividend of NLY decreases each year by -6.82%.
- NLY has paid a dividend for at least 10 years, which is a reliable track record.
- The dividend of NLY decreased 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%
23.02
+0.2 (+0.88%)
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 Cap16.27B
Revenue(TTM)7.13B
Net Income(TTM)1.87B
Analysts78.82
Price Target24.68 (7.21%)
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 | 7.88 | ||
| Fwd PE | 7.65 | ||
| P/S | 2.28 | ||
| P/FCF | N/A | ||
| P/OCF | 23.49 | ||
| P/B | 1.01 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | 22.34 |
EPS(TTM)2.92
EY12.68%
EPS(NY)3.01
Fwd EY13.07%
FCF(TTM)-0.27
FCFYN/A
OCF(TTM)0.98
OCFY4.26%
SpS10.08
BVpS22.76
TBVpS22.75
PEG (NY)2.56
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 | -0.7 |
F-Score4
WACC4.14%
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 7.88 and the Price/Book (PB) ratio is 1.01.
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.