Annaly Capital Management (NLY) Free Cash Flow (2009 - 2026)
Annaly Capital Management (NLY) reported Free Cash Flow of $1.62 billion for Q2 2026, up 796.0% from $180.74 million a year earlier.
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Analysis
Annaly Capital Management (NLY) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Annaly Capital Management's Free Cash Flow came in at $886.45 million, down 23.6% year-over-year; for FY2025, it was $692.91 million, down 79.1% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of 5.6% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $3.31 billion in FY2024 (+39.9%), $2.37 billion in FY2023 (-55.9%), $5.37 billion in FY2022 (+74.6%) and $3.08 billion in FY2021 (+482.8%).
- The Q2 2026 figure ranks as the highest quarterly Free Cash Flow since Q4 2024.
- Year over year, Free Cash Flow gained in two of the last four quarters, with growth averaging 324.7%.
- The high point for year-over-year Free Cash Flow in five years was Q2 2026 (growth of 796.0%); the low point was Q4 2025 (a decline of 77.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$1.4 billion (Q1 2026), $644.34 million (Q4 2025) and $24.09 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | -1.25 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 728.46 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 9.25 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 229.29 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.42 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 335.15 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.62 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 336.00 Mn |
| 10 | Federal Home Loan Mortgage | 12.39 Bn | -6.35 Bn | - | 2.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.62 Bn |
| Mar 31, 2026 | -1.40 Bn |
| Dec 31, 2025 | 644.34 Mn |
| Sep 30, 2025 | 24.09 Mn |
| Jun 30, 2025 | 180.74 Mn |
| Mar 31, 2025 | -156.27 Mn |
| Dec 31, 2024 | 2.81 Bn |
| Sep 30, 2024 | -1.67 Bn |
| Jun 30, 2024 | 477.07 Mn |
| Mar 31, 2024 | 1.70 Bn |
| Dec 31, 2023 | 378.52 Mn |
| Sep 30, 2023 | 1.87 Bn |
| Jun 30, 2023 | 1.14 Bn |
| Mar 31, 2023 | -1.02 Bn |
| Dec 31, 2022 | 201.58 Mn |
| Sep 30, 2022 | 2.45 Bn |
| Jun 30, 2022 | 687.70 Mn |
| Mar 31, 2022 | 2.03 Bn |
| Dec 31, 2021 | 861.56 Mn |
| Sep 30, 2021 | 644.24 Mn |
API Access
Annaly Capital Management Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "NLY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();