Annaly Capital Management (NLY) Debt Ratio (2009 - 2026)

Annaly Capital Management posted quarterly Debt Ratio of 0.22 for Q1 2026, up 6.91% year-on-year from 0.21 in Q1 2025, and up 3.98% on a QoQ basis from 0.21 in Q4 2025.

Annaly Capital Management (NLY) has 16 years of Debt Ratio data on file, last reported at 0.22 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 6.91% year-over-year to 0.22; the trailing twelve-month figure through Mar 2026 stood at 0.22 (up 6.91% YoY), and the FY2025 full-year result was 0.21, up 13.01% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.22, up from 0.21 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.7 in Q2 2022 and bottomed at 0.09 in Q1 2022.
  • The 5-year median for Debt Ratio is 0.18 (2024), against an average of 0.22.
  • Peak annual rise in Debt Ratio reached 1633.28% in 2022, while the deepest fall reached 87.71% in 2022.
  • A 5-year view of Debt Ratio shows it stood at 0.09 in 2022, then surged by 31.52% to 0.12 in 2023, then soared by 51.65% to 0.19 in 2024, then climbed by 13.01% to 0.21 in 2025, then gained by 3.98% to 0.22 in 2026.
  • The last three Debt Ratio figures came in at 0.22 (Q1 2026), 0.21 (Q4 2025), and 0.21 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Annaly Capital Management 15.50 Bn 13.25 Bn - 0.22
2 AGNC Investment 11.46 Bn 10.79 Bn - 0.74
3 Starwood Property Trust 6.34 Bn 6.34 Bn - 0.07
4 Rithm Capital 5.16 Bn 4.85 Bn - -
5 Blackstone Mortgage Trust 3.03 Bn 2.49 Bn - 0.04
6 Dynex Capital 2.55 Bn 1.77 Bn - -
7 Armour Residential REIT 1.98 Bn 1.25 Bn - 0.86
8 Ellington Financial 1.66 Bn 1.38 Bn - -
9 Two Harbors Investment 1.31 Bn 763.45 Mn - 0.01
10 Orchid Island Capital 1.28 Bn 602.37 Mn - 0.86

Historic Data

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DateValue
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 0.11
Jun 30, 2023 0.11
Mar 31, 2023 0.10
Dec 31, 2022 0.09
Sep 30, 2022 0.63
Jun 30, 2022 0.70
Mar 31, 2022 0.09
Dec 31, 2021 0.71
Jun 30, 2021 0.04
Mar 31, 2021 0.72
Dec 31, 2020 0.73
Sep 30, 2020 0.72
Jun 30, 2020 0.01
Mar 31, 2020 0.01
Dec 31, 2019 0.00
Sep 30, 2019 0.80
Jun 30, 2019 0.00
Mar 31, 2019 0.00
Dec 31, 2018 0.00
Sep 7, 2018 0.04
Jun 30, 2018 0.00
Mar 31, 2018 0.01
Dec 31, 2017 0.03
Sep 30, 2017 0.00
Jun 30, 2017 0.04
Mar 31, 2017 0.00
Dec 31, 2016 0.00
Sep 30, 2016 0.04
Jun 30, 2016 0.69
Mar 31, 2016 0.05
Dec 31, 2015 0.03
Sep 30, 2015 0.00
Jun 30, 2015 0.76
Mar 31, 2015 0.77
Dec 31, 2014 0.00
Sep 30, 2011 0.76
Jun 30, 2011 0.78
Mar 31, 2011 0.81
Dec 31, 2010 0.79
Sep 30, 2010 0.74
Jun 30, 2010 0.77
Mar 31, 2010 0.74
Dec 31, 2009 0.79
Sep 30, 2009 0.80
Jun 30, 2009 0.75