Annaly Capital Management NLY
NYSE NLY
$22.74 -0.07 (-0.33%)
As of: Sep 8, 2026 · 3:59 PM EDT

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% on a YoY basis from $1.2 billion in Q2 2025, and up 38.27% quarter-over-quarter from $1.6 billion in Q1 2026.

Analysis

Annaly Capital Management (NLY) EBITDA (2009 - 2026) Analysis & Trends

Annaly Capital Management (NLY) has reported EBITDA for 17 consecutive years, with $2.2 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBITDA rose 78.92% year-over-year to $2.2 billion; the trailing twelve-month figure through Jun 2026 stood at $8.1 billion (up 51.71% YoY), and the FY2025 full-year result was $6.9 billion, up 22.23% from the prior year.
  • EBITDA climbed to $2.2 billion in Q2 2026 per NLY's latest filing, from $1.6 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.
  • Historically, EBITDA has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2025.
  • The sharpest annual moves came in 2022 and 2024: EBITDA tumbled 145.81% in 2022, then surged 5404.22% in 2024.
  • Over 5 years, 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 slipped by 7.52% to $2.2 billion in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered $2.2 billion, $1.6 billion, and $2.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 2.16 Bn
2 AGNC Investment 12.43 Bn 11.10 Bn - -
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 365.81 Mn
4 Rithm Capital 5.57 Bn 5.57 Bn - 102.39 Mn
5 Dynex Capital 2.88 Bn 2.27 Bn - -
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 157.75 Mn
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - 148.42 Mn
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - 145.66 Mn
10 Orchid Island Capital 1.32 Bn 637.53 Mn 61.82 Mn 55.05 Mn
Historic Data

Historic Data

Download Data
DateValue
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