Annaly Capital Management (NLY) Net Margin (2009 - 2026)
Annaly Capital Management's Net Margin was 100.82% in Q2 2026, up 97.07 percentage points from 3.75% a year earlier and up 67.17 percentage points from the prior quarter.
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Analysis
Annaly Capital Management (NLY) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Annaly Capital Management's Net Margin was 105.12% through Jun 30, 2026, up 70.73 percentage points year-over-year; for FY2025, it was 86.67%, up 13.88 percentage points from FY2024.
- Net Margin shows a five-year change of +134.79 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 72.79% in FY2024 (+389.27 pp), -316.49% in FY2023 (-399.87 pp), 83.38% in FY2022 (-44.50 pp) and 127.88% in FY2021 (+176.01 pp).
- Quarterly Net Margin has moved between -486.66% (Q1 2023) and 308.10% (Q1 2022) over five years.
- Compared with a year earlier, Net Margin has increased for five straight quarters, with an average year-over-year change of +130.79 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q1 2024 (a gain of 693.37 percentage points); the worst was Q1 2023 (a drop of 794.76 percentage points).
- Per Business Quant data, NLY's Net Margin in the three quarters before Q2 2026 was 33.65% (Q1 2026), 156.61% (Q4 2025) and 147.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 42.82 Bn | 31.64 Bn | - | 21.59% |
| 2 | Orix | 38.85 Bn | 7.58 Bn | 12.74 Bn | 12.99% |
| 3 | Royalty Pharma | 30.02 Bn | 27.40 Bn | - | 20.96% |
| 4 | Federal National Mortgage Association Fannie Mae | 26.05 Bn | 26.05 Bn | - | 12.38% |
| 5 | Synchrony Financial | 23.55 Bn | -44.08 Bn | - | 17.58% |
| 6 | Affirm Holdings | 23.27 Bn | 16.32 Bn | - | 13.01% |
| 7 | Royal Gold | 22.53 Bn | 21.71 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 14.32 Bn | 5.27 Bn | - | -121.54% |
| 9 | Ares Capital | 13.77 Bn | 11.52 Bn | - | 41.81% |
| 10 | Federal Home Loan Mortgage | 12.90 Bn | -5.77 Bn | - | 0.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -121.54% |
| Jun 30, 2026 | 100.82% |
| Mar 31, 2026 | 33.65% |
| Dec 31, 2025 | 156.61% |
| Sep 30, 2025 | 147.65% |
| Jun 30, 2025 | 3.75% |
| Mar 31, 2025 | 18.43% |
| Dec 31, 2024 | 104.61% |
| Sep 30, 2024 | 10.02% |
| Jun 30, 2024 | -16.27% |
| Mar 31, 2024 | 206.71% |
| Dec 31, 2023 | -371.43% |
| Sep 30, 2023 | -426.63% |
| Jun 30, 2023 | 105.18% |
| Mar 31, 2023 | -486.66% |
| Dec 31, 2022 | -317.01% |
| Sep 30, 2022 | -71.62% |
| Jun 30, 2022 | 145.49% |
| Mar 31, 2022 | 308.10% |
| Dec 31, 2021 | 100.18% |
API Access
Annaly Capital Management Net Margin 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=net-margin&ticker=NLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=NLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();