ANNALY CAPITAL MANAGEMENT IN (NLY) Fundamental Analysis & Valuation

NYSE:NLY • US0357108390

Current stock price

21.41 USD
+0.33 (+1.57%)
At close:
21.46 USD
+0.05 (+0.23%)
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

  • 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.
  • 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

  • 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.
  • Looking at the Return On Invested Capital, with a value of 1.22%, NLY belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
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.
  • In the last couple of years the Profit Margin of NLY has declined.
  • The Operating Margin of NLY (28.69%) is better than 75.00% of its industry peers.
  • NLY's Operating Margin has declined in the last couple of years.
  • NLY has a Gross Margin of 31.49%. This is comparable to the rest of the industry: NLY outperforms 42.65% of its industry peers.
  • 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

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NLY is destroying value.
  • The number of shares outstanding for NLY has been increased compared to 1 year ago.
  • NLY has more shares outstanding than it did 5 years ago.
  • NLY has a better debt/assets ratio than last year.
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.
  • NLY's Altman-Z score of -0.70 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.
  • 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
WACC4.2%
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.
  • 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 85.29% 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

  • 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.
  • 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%.
  • 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.
  • 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 Y3.46%
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

  • 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.
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

  • A Price/Earnings ratio of 7.33 indicates a rather cheap valuation of NLY.
  • NLY's Price/Earnings ratio is rather cheap when compared to the industry. NLY is cheaper than 82.35% of the companies in the same industry.
  • NLY is valuated cheaply when we compare the Price/Earnings ratio to 25.61, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 7.09 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 79.41% 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 22.79.
Industry RankSector Rank
PE 7.33
Fwd PE 7.09
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NLY indicates a rather cheap valuation: NLY is cheaper than 95.59% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 21.79
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 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)2.12
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 12.77%, which is a nice return.
  • NLY's Dividend Yield is comparable with the industry average which is at 11.96.
  • Compared to an average S&P500 Dividend Yield of 1.89, NLY pays a better dividend.
Industry RankSector Rank
Dividend Yield 12.77%

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 recently.
Dividend Growth(5Y)-6.82%
Div Incr Years0
Div Non Decr Years1
NLY Yearly Dividends per shareNLY Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

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 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

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NLY Fundamentals: All Metrics, Ratios and Statistics

ANNALY CAPITAL MANAGEMENT IN

NYSE:NLY (3/25/2026, 8:04:00 PM)

After market: 21.46 +0.05 (+0.23%)

21.41

+0.33 (+1.57%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)01-28
Earnings (Next)04-28
Inst Owners60.5%
Inst Owner Change4%
Ins Owners0.09%
Ins Owner Change1.54%
Market Cap15.38B
Revenue(TTM)7.13B
Net Income(TTM)1.87B
Analysts78.82
Price Target24.89 (16.25%)
Short Float %1.94%
Short Ratio1.7
Dividend
Industry RankSector Rank
Dividend Yield 12.77%
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)0.83%
PT rev (3m)10.41%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.4%
EPS NY rev (1m)0.37%
EPS NY rev (3m)1.73%
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 7.33
Fwd PE 7.09
P/S 2.16
P/FCF N/A
P/OCF 22.2
P/B 0.96
P/tB 0.96
EV/EBITDA 21.79
EPS(TTM)2.92
EY13.64%
EPS(NY)3.02
Fwd EY14.11%
FCF(TTM)-0.26
FCFYN/A
OCF(TTM)0.96
OCFY4.51%
SpS9.92
BVpS22.4
TBVpS22.39
PEG (NY)2.12
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
WACC4.2%
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.


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 7.33 and the Price/Book (PB) ratio is 0.96.


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.