Annaly Capital Management, Inc. (NLY) Earnings History
Profitable29 years of earnings data (1997–2025) · Positive TTM net income
Loading earnings history...
Annaly Capital Management, Inc. (NLY) Earnings Overview
As of June 20, 2026, Annaly Capital Management, Inc. (NLY) reported trailing twelve-month net income of $2.03B, reflecting +80.2% year-over-year growth. The company earned $2.92 per diluted share over the past four quarters, with a net profit margin of 30.3%.
Looking at the long-term picture, NLY's historical earnings data spans multiple years. The company achieved its highest annual net income of $3.73B in fiscal 2013.
Annaly Capital Management, Inc. maintains industry-leading profitability with a gross margin of 99.9%, operating margin of 102.6%, and net margin of 30.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including AGNC ($1.67B net income, 87.3% margin), TWO (-$343M net income, -75.0% margin), MFA ($135M net income, 20.2% margin), NLY has room to improve margins relative to the peer group. Compare NLY vs AGNC →
NLY Earnings vs Peers
Earnings metrics vs comparable public companies
NLY Historical Earnings Data (1997–2025)
29 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.03B | +102.3% | $6.87B | $2.92 | 30.3% | 102.6% |
| 2024 | $1.00B | +161.0% | $5.62B | $1.62 | 15.8% | 88.4% |
| 2023 | -$1.64B | -195.2% | $2.24B | $-3.61 | -29.3% | 40.0% |
| 2022 | $1.73B | -27.8% | $3.12B | $3.92 | 41.6% | 75.2% |
| 2021 | $2.39B | +368.2% | $2.93B | $6.39 | 318.1% | 389.8% |
| 2020 | -$891M | +58.8% | -$19M | $-2.92 | -60.0% | -1.3% |
| 2019 | -$2.16B | -4075.3% | $611M | $-6.41 | -119.2% | 33.7% |
| 2018 | $54M | -96.5% | $155M | $-0.25 | 2.6% | 7.4% |
| 2017 | $1.57B | +9.5% | $1.58B | $5.48 | 66.8% | 67.0% |
| 2016 | $1.43B | +207.3% | $1.48B | $5.56 | 72.0% | 74.3% |
| 2015 | $467M | +155.4% | $958M | $1.68 | 33.6% | 69.1% |
| 2014 | -$842M | -122.6% | -$301M | $-3.84 | -89.2% | -31.8% |
| 2013 | $3.73B | +114.9% | $4.40B | $14.96 | 157.0% | 185.1% |
| 2012 | $1.74B | +403.9% | $2.60B | $6.84 | 59.3% | 88.8% |
| 2011 | $344M | -72.8% | $2.32B | $1.48 | 11.3% | 76.4% |
| 2010 | $1.27B | -35.4% | $1.73B | $8.16 | 57.1% | 77.9% |
| 2009 | $1.96B | +466.6% | $2.58B | $14.08 | 83.7% | 109.9% |
| 2008 | $346M | -16.5% | $2.32B | $2.56 | 10.9% | 73.4% |
| 2007 | $414M | +341.7% | $2.35B | $5.24 | 17.1% | 97.3% |
| 2006 | $94M | +1114.6% | $157M | $1.76 | 7.5% | 12.5% |
| 2005 | -$9M | -103.7% | $138M | $-0.76 | -1.2% | 18.6% |
| 2004 | $249M | +38.0% | $523M | $8.12 | 45.2% | 95.1% |
| 2003 | $180M | -18.0% | $362M | $7.76 | 91.7% | 184.4% |
| 2002 | $220M | +137.9% | $411M | $10.68 | 94.0% | 176.2% |
| 2001 | $92M | +456.3% | $260M | $8.84 | 92.7% | 261.4% |
| 2000 | $17M | -8.6% | $109M | $4.60 | 87.9% | 580.1% |
| 1999 | $18M | +17.0% | $88M | $5.40 | 88.8% | 430.9% |
| 1998 | $16M | +216.3% | $91M | $4.76 | 88.6% | 521.7% |
| 1997 | $5M | - | $25M | $3.12 | 86.0% | 431.6% |
Download Data
Export NLY earnings history in CSV or JSON format
Free sign-in required to download data
Full Stock Analysis
Deep dive into NLY consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
29+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
NLY — Frequently Asked Questions
Quick answers to the most common questions about buying NLY stock.
What is NLY earnings per share (EPS)?
NLY trailing twelve-month (TTM) diluted EPS is $2.92, reflecting +80.2% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 1997 to 2025 is available in the table on this page.
What is Annaly Capital Management, Inc.'s net income?
Annaly Capital Management, Inc. (NLY) trailing twelve-month net income is $2.0B as of 2025. Earnings grew +80.2% year-over-year. Annaly Capital Management, Inc. has been profitable for 2 consecutive years.
Is NLY profitable?
Yes, NLY is profitable with a TTM net income of $2.0B and a net profit margin of +30.3%. Annaly Capital Management, Inc. has generated profits for 2 consecutive years.
What is NLY's earnings growth rate?
NLY compound annual EPS growth rates (CAGR): 1-Year: +80.2%, 3-Year: -9.4%, 5-Year: N/A, 10-Year: +5.7%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1997 to 2025.
What are NLY's profit margins?
Annaly Capital Management, Inc. net profit margin is +30.3%, operating margin is +102.6%, and gross margin is +99.9%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +14.1%.
Is NLY growing earnings?
Yes, NLY earnings are accelerating — EPS growth of +80.2% exceeds the 5-year CAGR of N/A. TTM net income reached $2.0B. Earnings momentum is strengthening.
What was NLY's best earnings year?
Annaly Capital Management, Inc.'s highest annual net income on record is $3.7B, achieved in fiscal year 2013. Earnings history on this page spans 1997 to 2025 and includes all annual and quarterly figures.
What were NLY's earnings last quarter?
NLY's most recent reported quarter was Q4 2025. Net income was $1.0B with diluted EPS of $1.40. For a full breakdown of all quarters, see the quarterly earnings table on this page.