Annaly Capital Management (NLY) Debt to Equity (2009 - 2026)
Annaly Capital Management posted quarterly Debt to Equity of $1.89 for Q1 2026, up 13.29% year-on-year from $1.67 in Q1 2025, and up 5.03% on a QoQ basis from $1.8 in Q4 2025.
Annaly Capital Management (NLY) has 16 years of Debt to Equity data on file, last reported 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.
- Across five years, Debt to Equity topped out at $1837.4 in Q1 2022 and bottomed at -$19.2 in Q4 2024.
- The 5-year median for Debt to Equity is $1.67 (2025), against an average of $214.34.
- The widest annual swing landed in 2022, when Debt to Equity plunged 3455.63%; it then surged 4680.23% in 2024.
- A 5-year view of Debt to Equity shows it stood at $1653.7 in 2022, then tumbled by 99.94% to $1.02 in 2023, then plunged by 1977.87% to -$19.2 in 2024, then jumped by 109.36% to $1.8 in 2025, then grew 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 | 15.50 Bn | 13.25 Bn | - | 1.89 |
| 2 | AGNC Investment | 11.46 Bn | 10.79 Bn | - | 7.19 |
| 3 | Starwood Property Trust | 6.34 Bn | 6.34 Bn | - | 0.61 |
| 4 | Rithm Capital | 5.16 Bn | 4.85 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.03 Bn | 2.49 Bn | - | 0.23 |
| 6 | Dynex Capital | 2.55 Bn | 1.77 Bn | - | - |
| 7 | Armour Residential REIT | 1.98 Bn | 1.25 Bn | - | 7.90 |
| 8 | Ellington Financial | 1.66 Bn | 1.38 Bn | - | - |
| 9 | Two Harbors Investment | 1.31 Bn | 763.45 Mn | - | 0.06 |
| 10 | Orchid Island Capital | 1.28 Bn | 602.37 Mn | - | 7.81 |
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 |
| Dec 31, 2020 | 19.20 |
| Sep 30, 2020 | 4.55 |
| Mar 31, 2020 | -0.04 |
| Dec 31, 2019 | -0.06 |
| Sep 30, 2019 | 6.74 |
| Jun 30, 2019 | 0.24 |
| Mar 31, 2019 | -1.60 |
| Jun 30, 2018 | -0.17 |
| Mar 31, 2018 | 0.44 |
| Dec 31, 2017 | -1.00 |
| Dec 31, 2016 | -0.10 |
| Dec 31, 2015 | -0.76 |
| Sep 30, 2015 | 0.01 |
| Jun 30, 2015 | 4.56 |
| Mar 31, 2015 | 4.61 |
| Dec 31, 2014 | 0.01 |
| Sep 30, 2011 | 5.44 |
| Jun 30, 2011 | 5.63 |
| Mar 31, 2011 | 6.22 |
| Dec 31, 2010 | 6.64 |
| Sep 30, 2010 | 6.37 |
| Jun 30, 2010 | 5.85 |
| Mar 31, 2010 | 5.61 |
| Dec 31, 2009 | 5.71 |
| Sep 30, 2009 | 6.00 |
| Jun 30, 2009 | 5.92 |