Annaly Capital Management (NLY) FCF Payout Ratio (2009 - 2026)

Annaly Capital Management (NLY) posted FCF Payout Ratio of 0.06 for Q1 2026, up 36.39% on a QoQ basis from 0.1 in Q4 2025, and up 39.23% year-over-year from 0.04 in Q1 2025.

Annaly Capital Management (NLY) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Annaly Capital Management's FCF Payout Ratio history runs 13 years deep, the most recent figure standing at 0.06 for Q1 2026.

  • Quarterly FCF Payout Ratio rose 39.23% year-over-year to 0.06 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.09 (up 27.84% YoY) and the FY2025 annual result came in at 0.1, up 30.32% from the prior year.
  • FCF Payout Ratio was 0.06 for Q1 2026 at Annaly Capital Management, up from 0.1 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 2.84 in Q2 2023 and bottomed at 2.11 in Q1 2022.
  • A 5-year average of 0.04 and a median of 0.12 in 2025 frame the typical range for FCF Payout Ratio.
  • Annual changes were most pronounced in 2022 — FCF Payout Ratio slumped 360.31% — and 2023, when it soared 994.99%.
  • Annaly Capital Management's FCF Payout Ratio stood at 0.57 in 2022, then soared by 62.71% to 0.21 in 2023, then slumped by 66.66% to 0.36 in 2024, then surged by 72.53% to 0.1 in 2025, then soared by 36.39% to 0.06 in 2026.
  • Business Quant data shows NLY's FCF Payout Ratio at 0.06 in Q1 2026, 0.1 in Q4 2025, and 0.1 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -0.06
2 AGNC Investment 11.85 Bn 11.36 Bn - 1.17
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 0.17
4 Rithm Capital 5.01 Bn 5.01 Bn - -0.28
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 0.01
6 Ellington Financial 1.63 Bn 1.51 Bn - -1.83
7 Dynex Capital 1.56 Bn 1.05 Bn - 1.47
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 0.46
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 0.63
10 Ladder Capital 1.20 Bn 1.17 Bn - -3.50

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.06
Dec 31, 2025 -0.10
Sep 30, 2025 -0.10
Jun 30, 2025 -0.12
Mar 31, 2025 -0.10
Dec 31, 2024 -0.36
Sep 30, 2024 -0.07
Jun 30, 2024 -0.15
Mar 31, 2024 -0.25
Dec 31, 2023 -0.21
Sep 30, 2023 0.97
Jun 30, 2023 2.84
Mar 31, 2023 -0.23
Dec 31, 2022 -0.57
Sep 30, 2022 0.30
Jun 30, 2022 -0.32
Mar 31, 2022 -2.11
Dec 31, 2021 -0.16
Sep 30, 2021 -0.26
Jun 30, 2021 -0.21