Annaly Capital Management (NLY-PI) Debt to Equity (2009 - 2026)

Annaly Capital Management (NLY-PI) 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-PI) 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.

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
DateValue
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