Annaly Capital Management (NLY) EBITDA (2009 - 2026)
Annaly Capital Management (NLY) posted EBITDA of $1.6 billion for Q1 2026, down 33.12% on a QoQ basis from $2.3 billion in Q4 2025, and up 26.34% year-over-year from $1.2 billion in Q1 2025.
Annaly Capital Management (NLY) EBITDA (2009 - 2026) Analysis & Trends
Annaly Capital Management's EBITDA history runs 17 years deep, the most recent figure standing at $1.6 billion for Q1 2026.
- Quarterly EBITDA rose 26.34% year-over-year to $1.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.6 billion (up 42.82% YoY) and the FY2025 annual result came in at $6.9 billion, up 22.23% from the prior year.
- EBITDA was $1.6 billion for Q1 2026 at Annaly Capital Management, down from $2.3 billion in the prior quarter.
- Across five years, EBITDA topped out at $2.3 billion in Q4 2025 and bottomed at -$223.1 million in Q4 2022.
- A 5-year average of $1.2 billion and a median of $1.2 billion in 2025 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2022 — EBITDA sank 145.81% — and 2024, when it jumped 5404.22%.
- Annaly Capital Management's EBITDA stood at -$223.1 million in 2022, then surged by 393.38% to $654.4 million in 2023, then surged by 149.86% to $1.6 billion in 2024, then surged by 42.77% to $2.3 billion in 2025, then sank by 33.12% to $1.6 billion in 2026.
- Business Quant data shows NLY's EBITDA at $1.6 billion in Q1 2026, $2.3 billion in Q4 2025, and $2.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 1.56 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 382.38 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 598.90 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 215.55 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 188.28 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 167.51 Mn |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | 54.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.56 Bn |
| Dec 31, 2025 | 2.33 Bn |
| Sep 30, 2025 | 2.09 Bn |
| Jun 30, 2025 | 1.57 Bn |
| Mar 31, 2025 | 1.24 Bn |
| Dec 31, 2024 | 1.64 Bn |
| Sep 30, 2024 | 1.29 Bn |
| Jun 30, 2024 | 1.13 Bn |
| Mar 31, 2024 | 1.57 Bn |
| Dec 31, 2023 | 654.40 Mn |
| Sep 30, 2023 | 490.13 Mn |
| Jun 30, 2023 | 1.13 Bn |
| Mar 31, 2023 | -29.51 Mn |
| Dec 31, 2022 | -223.05 Mn |
| Sep 30, 2022 | 122.20 Mn |
| Jun 30, 2022 | 1.06 Bn |
| Mar 31, 2022 | 2.13 Bn |
| Dec 31, 2021 | 486.87 Mn |
| Sep 30, 2021 | 565.21 Mn |
| Jun 30, 2021 | -228.67 Mn |