Annaly Capital Management (NLY) Debt Ratio (2009 - 2026)
Annaly Capital Management's (NLY) quarterly Debt Ratio came in at 0.24 in Q2 2026, up 11.22% YoY from 0.21 in Q2 2025, and up 7.82% on a QoQ basis from 0.22 in Q1 2026.
Annaly Capital Management (NLY) Debt Ratio (2009 - 2026) Analysis & Trends
Annaly Capital Management (NLY) has 16 years of Debt Ratio data on file, last reported at 0.24 in Q2 2026.
- Quarterly Debt Ratio rose 11.22% year-over-year to 0.24 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.24 (up 11.22% YoY) and the FY2025 annual result came in at 0.21, up 13.01% from the prior year.
- Debt Ratio rose to 0.24 in Q2 2026, from 0.22 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.72 in Q3 2023 to a low of 0.09 in Q4 2022.
- A 5-year average of 0.35 and a median of 0.21 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio sank 86.75% — and 2024, when it soared 51.65%.
- Tracing NLY's Debt Ratio over 5 years: stood at 0.09 in 2022, then jumped by 31.52% to 0.12 in 2023, then surged by 51.65% to 0.19 in 2024, then advanced by 13.01% to 0.21 in 2025, then grew by 12.11% to 0.24 in 2026.
- The last three Debt Ratio figures came in at 0.24 (Q2 2026), 0.22 (Q1 2026), and 0.21 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 0.24 |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 0.74 |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 0.31 |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 0.86 |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 0.06 |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 0.85 |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 0.03 |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 0.85 |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.24 |
| Mar 31, 2026 | 0.22 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.21 |
| Mar 31, 2025 | 0.21 |
| Dec 31, 2024 | 0.19 |
| Sep 30, 2024 | 0.18 |
| Jun 30, 2024 | 0.17 |
| Mar 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.12 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | 0.69 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.63 |
| Jun 30, 2022 | 0.70 |
| Mar 31, 2022 | 0.69 |
| Dec 31, 2021 | 0.71 |
| Sep 30, 2021 | 0.72 |