Annaly Capital Management (NLY-PG) Debt to Equity (2009 - 2026)
Annaly Capital Management (NLY-PG) reported Debt to Equity of $1.89 for Q1 2026, up 13.29% on a YoY basis from $1.67 in Q1 2025, and up 5.03% quarter-over-quarter from $1.8 in Q4 2025.
Annaly Capital Management (NLY-PG) Debt to Equity (2009 - 2026) Analysis & Trends
Annaly Capital Management has reported Debt to Equity for 16 years, with the latest figure at $1.89 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 13.29% year-over-year to $1.89; the trailing twelve-month figure through Mar 2026 stood at $1.89 (up 13.29% YoY), and the FY2025 full-year result was $1.8, up 109.36% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.89, up from $1.8 in the prior quarter.
- The five-year high for Debt to Equity was $1837.4 in Q1 2022, with the low at -$19.2 in Q4 2024.
- Historically, Debt to Equity has averaged $214.34 across 5 years, with a median of $1.67 in 2025.
- Annual changes were most pronounced in 2022 — Debt to Equity slumped 3455.63% — and 2024, when it surged 4680.23%.
- Annaly Capital Management's Debt to Equity stood at $1653.7 in 2022, then plunged by 99.94% to $1.02 in 2023, then sank by 1977.87% to -$19.2 in 2024, then soared by 109.36% to $1.8 in 2025, then climbed by 5.03% to $1.89 in 2026.
- The last three Debt to Equity figures came in at $1.89 (Q1 2026), $1.8 (Q4 2025), and $1.77 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 1.89 |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 7.19 |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 0.61 |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 0.23 |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 7.90 |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 0.06 |
| 10 | Annaly Capital Management | - | - | - | 1.89 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.89 |
| Dec 31, 2025 | 1.80 |
| Sep 30, 2025 | 1.77 |
| Jun 30, 2025 | 15.69 |
| Mar 31, 2025 | 1.67 |
| Dec 31, 2024 | -19.20 |
| Sep 30, 2024 | 1.49 |
| Jun 30, 2024 | -1.23 |
| Mar 31, 2024 | 158.13 |
| Dec 31, 2023 | 1.02 |
| Sep 30, 2023 | 0.94 |
| Jun 30, 2023 | -0.90 |
| Mar 31, 2023 | -3.45 |
| Dec 31, 2022 | 1,653.67 |
| Sep 30, 2022 | 4.95 |
| Jun 30, 2022 | -11.91 |
| Mar 31, 2022 | 1,837.38 |
| Dec 31, 2021 | 35.66 |
| Jun 30, 2021 | -0.34 |
| Mar 31, 2021 | 39.83 |