Annaly Capital Management (NLY) Total Debt (2014 - 2026)
Annaly Capital Management (NLY) posted Total Debt of $34.37 billion for Q2 2026, up 42.6% from $24.11 billion a year earlier and up 11.9% from the prior quarter.
Annaly Capital Management (NLY) Total Debt (2014 - 2026) Analysis & Trends
At the end of FY2025, Annaly Capital Management's Total Debt came in at $28.92 billion, up 48.0% from FY2024.
- Annual Total Debt has increased for four consecutive years, with a five-year compound annual growth rate of 38.6% (FY2020 to FY2025).
- In prior years, Annaly Capital Management's Total Debt was $19.54 billion in FY2024 (+68.4%), $11.6 billion in FY2023 (+49.8%), $7.74 billion in FY2022 (+50.2%) and $5.16 billion in FY2021 (-8.8%).
- The Q2 2026 figure stands as the highest quarterly Total Debt in data going back to Q4 2014.
- On a year-over-year basis, Total Debt has increased in each of the last 18 quarters, with growth averaging 55.1% over the last eight quarters.
- The strongest year-over-year quarter for Total Debt in the past five years was Q2 2022, with growth of 126.3%; the weakest was Q3 2021, with a decline of 34.7%.
- According to Business Quant data, Total Debt for the three prior quarters was $30.72 billion (Q1 2026), $28.92 billion (Q4 2025) and $26.6 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 39.58 Bn |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 16.64 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | 8.96 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 7.52 Bn |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 3.33 Bn |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 395.89 Mn |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | 34.37 Bn |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 12.68 Bn | -6.06 Bn | - | 17.98 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.37 Bn |
| Mar 31, 2026 | 30.72 Bn |
| Dec 31, 2025 | 28.92 Bn |
| Sep 30, 2025 | 26.60 Bn |
| Jun 30, 2025 | 24.11 Bn |
| Mar 31, 2025 | 21.80 Bn |
| Dec 31, 2024 | 19.54 Bn |
| Sep 30, 2024 | 18.71 Bn |
| Jun 30, 2024 | 15.83 Bn |
| Mar 31, 2024 | 13.69 Bn |
| Dec 31, 2023 | 11.60 Bn |
| Sep 30, 2023 | 9.98 Bn |
| Jun 30, 2023 | 9.79 Bn |
| Mar 31, 2023 | 8.81 Bn |
| Dec 31, 2022 | 7.74 Bn |
| Sep 30, 2022 | 7.84 Bn |
| Jun 30, 2022 | 7.50 Bn |
| Mar 31, 2022 | 6.71 Bn |
| Dec 31, 2021 | 5.16 Bn |
| Sep 30, 2021 | 3.94 Bn |
Annaly Capital Management Total Debt 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=total-debt&ticker=NLY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=NLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();