Annaly Capital Management Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,052	1,012	-1,638	1,726	2,396
Depreciation & Amortization	245.43	146.98	224.36	102.93	802.13
Provision for Credit Losses	-	-	-0.22	-20.66	-145.07
Net Change in Loans Held-for-Sale	-27.19	-9.36	1.58	4.6	38.62
Other Adjustments	190.92	777.4	3,321	138.25	-914.09
Changes in Trading Assets	-170.69	456.11	2,016	-1,009	-
Changes in Accrued Interest and Accounts Receivable	138.33	154.65	-585.82	-403.61	32.93
Changes in Accounts Payable	112.37	-19.62	-37.34	233.75	-99.59
Changes in Other Operating Activities	-1,848	792.73	-933.35	3,591	965.64
Operating Cash Flow	692.91	3,311	2,367	5,372	3,077
Operating Cash Flow Growth	-79.07%	39.86%	-55.94%	74.61%	482.77%
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	-34.39	0	0	0	0
Net Change in Loans Held-for-Investment	-11,189	-9,940	-4,396	-2,644	-3,891
Net Change in Securities and Investments	-16,146	-5,070	-4,020	-11,883	7,620
Proceeds from Business Divestments	-	-	-	-	1,118
Capital Expenditures	-	-	-	-	-2.33
Sale of Property, Plant & Equipment	-	-	-	-	53.91
Other Investing Activities	6.67	25.4	-	-	0.29
Investing Cash Flow	-27,363	-14,985	-8,416	-14,527	4,899
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	16,502	3,737	2,939	4,090	-10,070
Long-Term Debt Issued	22,394	14,465	6,488	7,382	5,567
Long-Term Debt Repaid	12,470	6,408	2,573	3,166	2,518
Net Long-Term Debt Issued (Repaid)	34,864	20,873	9,061	10,547	8,085
Issuance of Common Stock	2,911	1,558	673.69	2,636	552.22
Repurchase of Common Stock	14.18	6.16	6.66	4.11	2.83
Net Common Stock Issued (Repurchased)	2,925	1,564	680.35	2,640	555.05
Common Dividends Paid	-1,882	-1,494	-1,518	-1,519	-1,360
Other Financing Activities	-43	-11.45	-14.4	72.39	5.64
Financing Cash Flow	27,220	11,750	5,884	9,389	-7,878
Net Cash Flow	549.81	75.88	-164.57	234.62	98.39

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.