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Annaly Capital Management Inc (NLY)
NYSE:NLY
US Market

Annaly Capital (NLY) Ratios

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Annaly Capital Ratios

NLY's free cash flow for Q4 2025 was $1.00. For the 2025 fiscal year, NLY's free cash flow was decreased by $ and operating cash flow was $1.31. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
0.03 0.03 0.00 0.00 0.00
Quick Ratio
0.03 0.03 0.00 0.00 0.00
Cash Ratio
0.02 0.02 0.00 0.00 0.00
Solvency Ratio
0.02 0.02 0.01 -0.02 0.02
Operating Cash Flow Ratio
<0.01 <0.01 0.00 0.00 0.00
Short-Term Operating Cash Flow Coverage
<0.01 <0.01 4.41 4.73 21.49
Net Current Asset Value
$ -116.49B$ -116.49B$ -90.86B$ -81.88B$ -70.48B
Leverage Ratios
Debt-to-Assets Ratio
0.82 0.82 0.21 0.14 0.11
Debt-to-Equity Ratio
6.95 6.95 1.70 1.17 0.78
Debt-to-Capital Ratio
0.87 0.87 0.63 0.54 0.44
Long-Term Debt-to-Capital Ratio
0.65 0.65 0.62 0.53 0.43
Financial Leverage Ratio
8.43 8.43 8.21 8.28 7.26
Debt Service Coverage Ratio
0.08 0.08 1.05 >-0.01 -0.03
Interest Coverage Ratio
1.42 1.42 1.22 -0.42 1.38
Debt to Market Cap
7.12 7.82 2.25 1.38 1.01
Interest Debt Per Share
168.37 182.46 49.91 34.47 24.56
Net Debt to EBITDA
15.93 15.98 3.75 0.00 0.00
Profitability Margins
Gross Profit Margin
99.20%99.92%99.04%102.69%98.74%
EBIT Margin
102.59%102.58%88.42%0.00%0.00%
EBITDA Margin
102.99%102.62%88.90%0.00%0.00%
Operating Profit Margin
102.59%102.58%88.42%114.31%90.61%
Pretax Profit Margin
30.54%30.54%16.16%114.31%88.59%
Net Profit Margin
30.28%30.28%15.76%117.47%86.26%
Continuous Operations Profit Margin
30.64%30.64%15.92%117.13%86.32%
Net Income Per EBT
99.14%99.14%97.55%102.76%97.37%
EBT Per EBIT
29.77%29.77%18.28%100.00%97.78%
Return on Assets (ROA)
1.49%1.49%0.97%-1.76%2.11%
Return on Equity (ROE)
14.13%12.60%7.95%-14.60%15.31%
Return on Capital Employed (ROCE)
13.52%13.52%5.43%-1.72%2.21%
Return on Invested Capital (ROIC)
18937.73%18937.73%738.10%-319.80%706.26%
Return on Tangible Assets
1.49%1.49%0.97%-1.77%2.14%
Earnings Yield
13.38%14.18%10.49%-17.15%19.90%
Efficiency Ratios
Receivables Turnover
7.23 7.22 1.94 -0.36 1.65
Payables Turnover
0.03 <0.01 0.23 0.13 0.08
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00
Asset Turnover
0.05 0.05 0.06 -0.02 0.02
Working Capital Turnover Ratio
-0.08 -0.16 -0.19 0.00 0.00
Cash Conversion Cycle
-13.99K -139.67K -1.43K -3.82K -4.50K
Days of Sales Outstanding
50.52 50.57 187.83 -1.03K 221.25
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Payables Outstanding
14.04K 139.72K 1.61K 2.79K 4.72K
Operating Cycle
50.52 50.57 187.83 -1.03K 221.25
Cash Flow Ratios
Operating Cash Flow Per Share
1.00 1.08 6.35 4.79 13.06
Free Cash Flow Per Share
-0.32 -0.35 4.69 3.98 10.59
CapEx Per Share
1.32 1.43 1.65 0.80 2.47
Free Cash Flow to Operating Cash Flow
-0.32 -0.32 0.74 0.83 0.81
Dividend Paid and CapEx Coverage Ratio
0.25 0.25 1.40 1.24 2.12
Capital Expenditure Coverage Ratio
0.76 0.76 3.84 5.97 5.30
Operating Cash Flow Coverage Ratio
<0.01 <0.01 0.15 0.18 0.61
Operating Cash Flow to Sales Ratio
0.10 0.10 0.52 -1.69 2.69
Free Cash Flow Yield
-1.41%-1.55%25.63%20.57%50.26%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
7.47 7.05 9.53 -5.83 5.03
Price-to-Sales (P/S) Ratio
2.35 2.14 1.50 -6.85 4.34
Price-to-Book (P/B) Ratio
0.94 0.89 0.76 0.85 0.77
Price-to-Free Cash Flow (P/FCF) Ratio
-70.69 -64.36 3.90 4.86 1.99
Price-to-Operating Cash Flow Ratio
21.86 20.64 2.88 4.05 1.61
Price-to-Earnings Growth (PEG) Ratio
0.26 0.09 -0.07 0.03 -0.13
Price-to-Fair Value
0.94 0.89 0.76 0.85 0.77
Enterprise Value Multiple
18.20 18.06 5.44 0.00 0.00
Enterprise Value
125.53B 124.12B 30.71B 22.51B 17.31B
EV to EBITDA
18.20 18.06 5.44 0.00 0.00
EV to Sales
18.75 18.54 4.83 -16.09 8.66
EV to Free Cash Flow
-565.02 -558.69 12.55 11.42 3.97
EV to Operating Cash Flow
181.16 179.13 9.28 9.51 3.22
Tangible Book Value Per Share
23.31 25.26 23.46 22.23 25.01
Shareholders’ Equity Per Share
23.22 25.16 24.17 22.76 27.40
Tax and Other Ratios
Effective Tax Rate
>-0.01 >-0.01 0.01 -0.02 0.03
Revenue Per Share
9.66 10.47 12.18 -2.83 4.86
Net Income Per Share
2.93 3.17 1.92 -3.32 4.19
Tax Burden
0.99 0.99 0.98 1.03 0.97
Interest Burden
0.30 0.30 0.18 0.00 0.00
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.00 0.00 -0.03 0.03
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
0.34 0.34 3.27 -1.44 3.11
Currency in USD