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) FCF Payout Ratio (2009 - 2026)

Annaly Capital Management's (NLY) quarterly FCF Payout Ratio came in at 0.09 in Q2 2026, up 22.25% on a YoY basis from 0.07 in Q2 2025, and down 47.08% quarter-over-quarter from 0.06 in Q1 2026.

Analysis

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

Annaly Capital Management (NLY) has reported FCF Payout Ratio for 13 consecutive years, with 0.09 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, FCF Payout Ratio rose 22.25% year-over-year to 0.09; the trailing twelve-month figure through Jun 2026 stood at 0.09 (up 27.14% YoY), and the FY2025 full-year result was 0.1, up 30.32% from the prior year.
  • FCF Payout Ratio declined to 0.09 in Q2 2026 per NLY's latest filing, from 0.06 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.
  • Historically, FCF Payout Ratio has averaged 0.04 across 5 years, with a median of 0.11 in 2025.
  • The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio plunged 360.31% in 2022, then jumped 994.99% in 2023.
  • Over 5 years, 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 gained by 6.45% to 0.09 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.09, 0.06, and 0.1 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - -
2 AGNC Investment 12.43 Bn 11.10 Bn - 2.10
3 Starwood Property Trust 5.84 Bn 3.67 Bn - -
4 Rithm Capital 5.57 Bn 5.57 Bn - 2.18
5 Dynex Capital 2.88 Bn 2.27 Bn - 1.35
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 0.19
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - 1.22
8 Armour Residential REIT 2.11 Bn 2.02 Bn - 0.46
9 Ellington Financial 1.71 Bn 1.46 Bn - -
10 Orchid Island Capital 1.32 Bn 637.53 Mn 61.82 Mn 0.78
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.09
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