Annaly Capital Management (NLY) EBITDA (2009 - 2026)

Annaly Capital Management posted quarterly EBITDA of $245.5 million for Q1 2026, down 30.76% year-on-year from $354.5 million in Q1 2025, and down 79.09% on a QoQ basis from $1.2 billion in Q4 2025.

Annaly Capital Management (NLY) has 17 years of EBITDA data on file, last reported at $245.5 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 30.76% year-over-year to $245.5 million; the trailing twelve-month figure through Mar 2026 stood at $2.5 billion (up 115.24% YoY), and the FY2025 full-year result was $2.6 billion, up 95.57% from the prior year.
  • EBITDA for Q1 2026 stood at $245.5 million, down from $1.2 billion in the prior quarter.
  • Across five years, EBITDA topped out at $1.2 billion in Q4 2025 and bottomed at -$1.4 billion in Q1 2022.
  • The 5-year median for EBITDA is $314.0 million (2023), against an average of $113.8 million.
  • The widest annual swing landed in 2022, when EBITDA tumbled 469.36%; it then surged 644.12% in 2025.
  • A 5-year view of EBITDA shows it stood at $835.3 million in 2022, then grew by 14.41% to $955.6 million in 2023, then slumped by 83.49% to $157.7 million in 2024, then soared by 644.12% to $1.2 billion in 2025, then plunged by 79.09% to $245.5 million in 2026.
  • The last three EBITDA figures came in at $245.5 million (Q1 2026), $1.2 billion (Q4 2025), and $958.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Annaly Capital Management 15.50 Bn 13.25 Bn - 245.47 Mn
2 AGNC Investment 11.46 Bn 10.79 Bn - -156.00 Mn
3 Starwood Property Trust 6.34 Bn 6.34 Bn - 382.38 Mn
4 Rithm Capital 5.16 Bn 4.85 Bn - 154.24 Mn
5 Blackstone Mortgage Trust 3.03 Bn 2.49 Bn - 215.55 Mn
6 Dynex Capital 2.55 Bn 1.77 Bn - -83.17 Mn
7 Armour Residential REIT 1.98 Bn 1.25 Bn - -
8 Ellington Financial 1.66 Bn 1.38 Bn - 179.14 Mn
9 Two Harbors Investment 1.31 Bn 763.45 Mn - -11.91 Mn
10 Orchid Island Capital 1.28 Bn 602.37 Mn - -20.23 Mn

Historic Data

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DateValue
Mar 31, 2026 245.47 Mn
Dec 31, 2025 1.17 Bn
Sep 30, 2025 958.72 Mn
Jun 30, 2025 107.73 Mn
Mar 31, 2025 354.50 Mn
Dec 31, 2024 157.74 Mn
Sep 30, 2024 527.08 Mn
Jun 30, 2024 115.51 Mn
Mar 31, 2024 518.66 Mn
Dec 31, 2023 955.63 Mn
Sep 30, 2023 -881.33 Mn
Jun 30, 2023 329.27 Mn
Mar 31, 2023 314.03 Mn
Dec 31, 2022 835.27 Mn
Sep 30, 2022 -1.39 Bn
Jun 30, 2022 -982.13 Mn
Mar 31, 2022 -1.40 Bn
Dec 31, 2021 -264.75 Mn
Sep 30, 2021 379.90 Mn
Jun 30, 2021 -517.60 Mn
Mar 31, 2021 379.03 Mn
Dec 31, 2020 662.52 Mn
Sep 30, 2020 762.66 Mn
Jun 30, 2020 1.58 Bn
Mar 31, 2020 -2.66 Bn
Dec 31, 2019 1.03 Bn
Sep 30, 2019 201.75 Mn
Jun 30, 2019 -91.95 Mn
Mar 31, 2019 811.34 Mn
Dec 31, 2018 -411.80 Mn
Jun 30, 2018 161.55 Mn
Mar 31, 2018 -546.36 Mn
Dec 31, 2017 260.46 Mn
Sep 30, 2017 578.17 Mn
Jun 30, 2017 289.95 Mn
Mar 31, 2017 400.31 Mn
Dec 31, 2016 -357.97 Mn
Sep 30, 2016 733.85 Mn
Jun 30, 2016 198.57 Mn
Mar 31, 2016 150.04 Mn
Dec 31, 2015 28.78 Mn
Sep 30, 2015 -9.47 Mn
Jun 30, 2015 -228.74 Mn
Mar 31, 2015 92.71 Mn
Sep 30, 2013 26.91 Mn
Jun 30, 2013 -1.65 Bn
Mar 31, 2013 -179.72 Mn
Dec 31, 2012 -315.87 Mn
Sep 30, 2012 881.05 Mn
Jun 30, 2012 555.73 Mn
Mar 31, 2012 659.25 Mn
Dec 31, 2011 381.06 Mn
Sep 30, 2011 101.84 Mn
Jun 30, 2011 1.16 Bn
Mar 31, 2011 544.78 Mn
Dec 31, 2010 505.61 Mn
Sep 30, 2010 -676.72 Mn
Jun 30, 2010 434.12 Mn
Mar 31, 2010 277.60 Mn
Dec 31, 2009 660.66 Mn
Sep 30, 2009 883.05 Mn
Jun 30, 2009 837.64 Mn
Mar 31, 2009 1.22 Bn