ANNALY CAPITAL MANAGEMENT IN (NLY) Fundamental Analysis & Valuation

NYSE:NLY • US0357108390

Current stock price

22.82 USD
-0.08 (-0.35%)
At close:
22.82 USD
0 (0%)
After Hours:

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

  • NLY had positive earnings in the past year.
  • NLY had a positive operating cash flow in the past year.
  • NLY had positive earnings in 4 of the past 5 years.
  • In the past 5 years NLY always reported a positive cash flow from operatings.
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

  • NLY has a better Return On Assets (1.38%) than 89.71% of its industry peers.
  • NLY's Return On Equity of 11.62% is amongst the best of the industry. NLY outperforms 83.82% of its industry peers.
  • NLY's Return On Invested Capital of 1.22% is amongst the best of the industry. NLY outperforms 89.71% 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

  • Looking at the Profit Margin, with a value of 26.22%, NLY is in the better half of the industry, outperforming 77.94% of the companies in the same industry.
  • In the last couple of years the Profit Margin of NLY has declined.
  • NLY has a better Operating Margin (28.69%) than 76.47% 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 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.
  • 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.
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 -0.69, we must say that NLY is in the distress zone and has some risk of bankruptcy.
  • NLY's Altman-Z score of -0.69 is on the low side compared to the rest of the industry. NLY is outperformed by 73.53% of its industry peers.
  • NLY has a Debt/Equity ratio of 7.22. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 7.22, NLY is in line with its industry, outperforming 42.65% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 7.22
Debt/FCF N/A
Altman-Z -0.69
ROIC/WACC0.29
WACC4.23%
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

  • A Current Ratio of 0.03 indicates that NLY may have some problems paying its short term obligations.
  • NLY has a worse Current ratio (0.03) than 85.29% 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.
  • NLY has a Quick ratio of 0.03. This is amonst the worse of the industry: NLY underperforms 85.29% of its industry peers.
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

6

3. NLY Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 6.47% over the past year.
  • The Earnings Per Share has been decreasing by -7.87% on average over the past years.
  • The Revenue has grown by 35.11% 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)6.47%
EPS 3Y-11.9%
EPS 5Y-7.87%
EPS Q2Q%5.56%
Revenue 1Y (TTM)35.11%
Revenue growth 3Y29.74%
Revenue growth 5Y82.65%
Sales Q2Q%30.96%

3.2 Future

  • The Earnings Per Share is expected to grow by 0.98% on average over the next years.
  • Based on estimates for the next years, NLY will show a quite strong growth in Revenue. The Revenue will grow by 14.58% on average per year.
EPS Next Y4.43%
EPS Next 2Y1.11%
EPS Next 3Y0.98%
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.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in 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

  • NLY is valuated cheaply with a Price/Earnings ratio of 7.71.
  • Based on the Price/Earnings ratio, NLY is valued cheaply inside the industry as 83.82% of the companies are valued more expensively.
  • NLY's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.64.
  • The Price/Forward Earnings ratio is 7.64, which indicates a rather cheap valuation of NLY.
  • NLY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NLY is cheaper than 75.00% of the companies in the same industry.
  • NLY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.36.
Industry RankSector Rank
PE 7.71
Fwd PE 7.64
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 22.4
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

  • NLY's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of NLY may justify a higher PE ratio.
PEG (NY)1.74
PEG (5Y)N/A
EPS Next 2Y1.11%
EPS Next 3Y0.98%

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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 12.23%, which is a nice return.
  • Compared to an average industry Dividend Yield of 12.45, NLY has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, NLY pays a better dividend.
Industry RankSector Rank
Dividend Yield 12.23%

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 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 2Y1.11%
EPS Next 3Y0.98%
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

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NLY Fundamentals: All Metrics, Ratios and Statistics

ANNALY CAPITAL MANAGEMENT IN

NYSE:NLY (5/1/2026, 8:04:00 PM)

After market: 22.82 0 (0%)

22.82

-0.08 (-0.35%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Industry Strength40.99
Industry Growth80.12
Earnings (Last)04-21
Earnings (Next)07-21
Inst Owners60.58%
Inst Owner Change1.16%
Ins Owners0.09%
Ins Owner Change2.06%
Market Cap16.39B
Revenue(TTM)7.46B
Net Income(TTM)1.87B
Analysts78.82
Price Target24.84 (8.85%)
Short Float %2.43%
Short Ratio2.31
Dividend
Industry RankSector Rank
Dividend Yield 12.23%
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)-0.2%
PT rev (3m)6.82%
EPS NQ rev (1m)-0.73%
EPS NQ rev (3m)0.84%
EPS NY rev (1m)0.94%
EPS NY rev (3m)1.37%
Revenue NQ rev (1m)2.09%
Revenue NQ rev (3m)14.58%
Revenue NY rev (1m)0%
Revenue NY rev (3m)12.18%
Valuation
Industry RankSector Rank
PE 7.71
Fwd PE 7.64
P/S 2.3
P/FCF N/A
P/OCF 23.66
P/B 1.02
P/tB 1.02
EV/EBITDA 22.4
EPS(TTM)2.96
EY12.97%
EPS(NY)2.99
Fwd EY13.08%
FCF(TTM)-0.26
FCFYN/A
OCF(TTM)0.96
OCFY4.23%
SpS9.92
BVpS22.4
TBVpS22.39
PEG (NY)1.74
PEG (5Y)N/A
Graham Number38.6229 (69.25%)
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 -0.69
F-Score4
WACC4.23%
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)6.47%
EPS 3Y-11.9%
EPS 5Y-7.87%
EPS Q2Q%5.56%
EPS Next Y4.43%
EPS Next 2Y1.11%
EPS Next 3Y0.98%
EPS Next 5YN/A
Revenue 1Y (TTM)35.11%
Revenue growth 3Y29.74%
Revenue growth 5Y82.65%
Sales Q2Q%30.96%
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 4 / 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 4.43% 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%.