Annaly Capital Management (NLY) EBITDA (2009 - 2026)
Annaly Capital Management's (NLY) quarterly EBITDA came in at $2.2 billion in Q2 2026, up 78.92% YoY from $1.2 billion in Q2 2025, and up 38.27% on a QoQ basis from $1.6 billion in Q1 2026.
Annaly Capital Management (NLY) EBITDA (2009 - 2026) Analysis & Trends
Annaly Capital Management (NLY) has 17 years of EBITDA data on file, last reported at $2.2 billion in Q2 2026.
- Quarterly EBITDA rose 78.92% year-over-year to $2.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $8.1 billion (up 51.71% YoY) and the FY2025 annual result came in at $6.9 billion, up 22.23% from the prior year.
- EBITDA rose to $2.2 billion in Q2 2026, from $1.6 billion in the prior quarter.
- In the past five years, EBITDA ranged from a high of $2.3 billion in Q4 2025 to a low of -$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 slumped 145.81% — and 2024, when it jumped 5404.22%.
- Tracing NLY's EBITDA over 5 years: stood at -$223.1 million in 2022, then soared by 393.38% to $654.4 million in 2023, then soared by 149.86% to $1.6 billion in 2024, then soared by 42.77% to $2.3 billion in 2025, then retreated by 7.52% to $2.2 billion in 2026.
- The last three EBITDA figures came in at $2.2 billion (Q2 2026), $1.6 billion (Q1 2026), and $2.3 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 2.16 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 365.81 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 288.38 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 148.42 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 145.66 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 55.05 Mn |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - | 157.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.16 Bn |
| Mar 31, 2026 | 1.56 Bn |
| Dec 31, 2025 | 2.33 Bn |
| Sep 30, 2025 | 2.09 Bn |
| Jun 30, 2025 | 1.21 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 |