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

Annaly Capital Management posted quarterly FCF Payout Ratio of 0.01 for Q1 2026, down 301.11% year-on-year from 0.0 in Q1 2025, and down 129.95% on a QoQ basis from 0.0 in Q4 2025.

Annaly Capital Management (NLY) has 13 years of FCF Payout Ratio data on file, last reported at 0.01 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio fell 301.11% year-over-year to 0.01; the trailing twelve-month figure through Mar 2026 stood at 0.0 (up 91.4% YoY), and the FY2025 full-year result was 0.0, up 98.03% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.01, down from 0.0 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 0.97 in Q3 2023 and bottomed at 2.11 in Q1 2022.
  • The 5-year median for FCF Payout Ratio is 0.0 (2023), against an average of 0.11.
  • The widest annual swing landed in 2023, when FCF Payout Ratio surged 3148.12%; it then slumped 12291.4% in 2024.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.04 in 2022, then tumbled by 108.15% to 0.0 in 2023, then plunged by 12291.4% to 0.36 in 2024, then surged by 98.83% to 0.0 in 2025, then tumbled by 129.95% to 0.01 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.01 (Q1 2026), 0.0 (Q4 2025), and 0.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Annaly Capital Management 15.50 Bn 13.25 Bn - -0.01
2 AGNC Investment 11.46 Bn 10.79 Bn - 1.17
3 Starwood Property Trust 6.34 Bn 6.34 Bn - 1.91
4 Rithm Capital 5.16 Bn 4.85 Bn - 2.83
5 Blackstone Mortgage Trust 3.03 Bn 2.49 Bn - 0.47
6 Dynex Capital 2.55 Bn 1.77 Bn - 1.47
7 Armour Residential REIT 1.98 Bn 1.25 Bn - 0.80
8 Ellington Financial 1.66 Bn 1.38 Bn - 0.00
9 Two Harbors Investment 1.31 Bn 763.45 Mn - -0.07
10 Orchid Island Capital 1.28 Bn 602.37 Mn - -0.37

Historic Data

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DateValue
Mar 31, 2026 -0.01
Dec 31, 2025 0.00
Sep 30, 2025 0.00
Jun 30, 2025 0.00
Mar 31, 2025 0.00
Dec 31, 2024 -0.36
Sep 30, 2024 -0.07
Jun 30, 2024 0.00
Mar 31, 2024 0.00
Dec 31, 2023 0.00
Sep 30, 2023 0.97
Jun 30, 2023 0.02
Mar 31, 2023 -0.02
Dec 31, 2022 0.04
Sep 30, 2022 -0.03
Jun 30, 2022 -0.32
Mar 31, 2022 -2.11
Dec 31, 2021 -0.03
Sep 30, 2021 -0.26
Jun 30, 2021 0.05
Mar 31, 2021 -0.04
Dec 31, 2020 -0.01
Sep 30, 2020 0.37
Jun 30, 2020 0.01
Mar 31, 2020 -0.01
Dec 31, 2019 0.01
Sep 30, 2019 -0.02
Jun 30, 2019 -0.01
Mar 31, 2019 -0.01
Dec 31, 2018 0.00
Jun 30, 2018 -0.02
Mar 31, 2018 -0.02
Dec 31, 2017 -0.01
Sep 30, 2017 0.00
Jun 30, 2017 -0.02
Mar 31, 2017 -0.02
Sep 30, 2011 0.33
Jun 30, 2011 -0.20
Mar 31, 2011 0.08
Dec 31, 2010 0.10
Sep 30, 2010 0.73
Jun 30, 2010 0.08
Mar 31, 2010 -0.19
Dec 31, 2009 -0.21
Sep 30, 2009 0.07
Jun 30, 2009 0.10
Mar 31, 2009 0.24