Annaly Capital Management (NLY) Cash from Operations (2009 - 2026)
Annaly Capital Management (NLY) recorded Cash from Operations of $1.62 billion in Q2 2026, up 796.0% from $180.74 million a year earlier.
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Analysis
Annaly Capital Management (NLY) Cash from Operations (2009 - 2026) Analysis & Trends
On a TTM basis, Annaly Capital Management's Cash from Operations came in at $886.45 million as of Jun 30, 2026, down 23.6% year-over-year; for FY2025, it was $692.91 million, down 79.1% from FY2024.
- Annual Cash from Operations has a five-year compound annual growth rate of 5.6% (FY2020 to FY2025).
- Across earlier years, Cash from Operations came in at $3.31 billion in FY2024 (+39.9%), $2.37 billion in FY2023 (-55.9%), $5.37 billion in FY2022 (+74.6%) and $3.08 billion in FY2021 (+482.8%).
- The Q2 2026 figure is the highest quarterly Cash from Operations since Q4 2024.
- On a year-over-year basis, Cash from Operations rose in two of the last four quarters, with growth averaging 324.7%.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 796.0% in Q2 2026, against a decline of 77.1% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -$1.4 billion (Q1 2026), $644.34 million (Q4 2025) and $24.09 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | -1.21 Bn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 728.46 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 9.25 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 296.16 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 2.42 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 335.15 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 1.62 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 336.00 Mn |
| 10 | Federal Home Loan Mortgage | 12.00 Bn | -6.74 Bn | - | 2.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.62 Bn |
| Mar 31, 2026 | -1.40 Bn |
| Dec 31, 2025 | 644.34 Mn |
| Sep 30, 2025 | 24.09 Mn |
| Jun 30, 2025 | 180.74 Mn |
| Mar 31, 2025 | -156.27 Mn |
| Dec 31, 2024 | 2.81 Bn |
| Sep 30, 2024 | -1.67 Bn |
| Jun 30, 2024 | 477.07 Mn |
| Mar 31, 2024 | 1.70 Bn |
| Dec 31, 2023 | 378.52 Mn |
| Sep 30, 2023 | 1.87 Bn |
| Jun 30, 2023 | 1.14 Bn |
| Mar 31, 2023 | -1.02 Bn |
| Dec 31, 2022 | 201.58 Mn |
| Sep 30, 2022 | 2.45 Bn |
| Jun 30, 2022 | 687.70 Mn |
| Mar 31, 2022 | 2.03 Bn |
| Dec 31, 2021 | 861.56 Mn |
| Sep 30, 2021 | 644.24 Mn |
API Access
Annaly Capital Management Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=NLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "NLY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=NLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();