Annaly Capital Management (NLY) Invested Capital (2009 - 2026)
Annaly Capital Management's (NLY) quarterly Invested Capital came in at $51.3 billion in Q2 2026, up 36.62% on a YoY basis from $37.6 billion in Q2 2025, and up 9.14% quarter-over-quarter from $47.0 billion in Q1 2026.
Analysis
Annaly Capital Management (NLY) Invested Capital (2009 - 2026) Analysis & Trends
Annaly Capital Management (NLY) has reported Invested Capital for 17 consecutive years, with $51.3 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 36.62% year-over-year to $51.3 billion; the trailing twelve-month figure through Jun 2026 stood at $51.3 billion (up 36.62% YoY), and the FY2025 full-year result was $45.1 billion, up 39.83% from the prior year.
- Invested Capital climbed to $51.3 billion in Q2 2026 per NLY's latest filing, from $47.0 billion in the prior quarter.
- Across five years, Invested Capital topped out at $75.4 billion in Q3 2023 and bottomed at $19.1 billion in Q4 2022.
- Historically, Invested Capital has averaged $46.1 billion across 5 years, with a median of $43.3 billion in 2025.
- The sharpest annual moves came in 2022 and 2024: Invested Capital sank 71.89% in 2022, then surged 40.5% in 2024.
- Over 5 years, Invested Capital stood at $19.1 billion in 2022, then rose by 20.05% to $22.9 billion in 2023, then soared by 40.5% to $32.2 billion in 2024, then surged by 39.83% to $45.1 billion in 2025, then advanced by 13.9% to $51.3 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $51.3 billion, $47.0 billion, and $45.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 51.34 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 102.35 Bn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 25.64 Bn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 25.82 Bn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 1.86 Bn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 4.48 Bn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 22.02 Bn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 2.65 Bn |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn | 12.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.34 Bn |
| Mar 31, 2026 | 47.05 Bn |
| Dec 31, 2025 | 45.08 Bn |
| Sep 30, 2025 | 41.60 Bn |
| Jun 30, 2025 | 37.58 Bn |
| Mar 31, 2025 | 34.89 Bn |
| Dec 31, 2024 | 32.24 Bn |
| Sep 30, 2024 | 31.25 Bn |
| Jun 30, 2024 | 27.09 Bn |
| Mar 31, 2024 | 25.19 Bn |
| Dec 31, 2023 | 22.95 Bn |
| Sep 30, 2023 | 75.38 Bn |
| Jun 30, 2023 | 73.52 Bn |
| Mar 31, 2023 | 72.91 Bn |
| Dec 31, 2022 | 19.11 Bn |
| Sep 30, 2022 | 65.15 Bn |
| Jun 30, 2022 | 62.49 Bn |
| Mar 31, 2022 | 64.11 Bn |
| Dec 31, 2021 | 68.00 Bn |
| Sep 30, 2021 | 69.22 Bn |