Annaly Capital Management, Inc. (NLY)

Annaly Capital Management Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	5,304	4,840	3,732	2,779	1,983	2,230
Total Interest Expense	4,901	2,387	3,074	-2,537	-1,673	2,012
Net Interest Income	403.26	2,453	658.04	5,316	3,656	218.1
Commissions and Fees	531.91	485.41	364.16	246.93	69.02	94.19
Gain (Loss) on Sale of Investments	607.6	-1,850	-2,126	-4,602	120.96	358.49
Other Revenue	-471.33	159.34	-295.62	1,019	-1,113	-1,193
Revenue Before Loan Losses	1,071	1,248	-1,399	1,979	2,733	-521.98
Provision for Loan Losses	-	-	-0.22	-20.66	-145.07	147.58
Revenue	1,071	1,248	-1,399	2,000	2,878	-669.56
Revenue Growth (YoY)	-	-	-	-30.50%	-	-
Salaries & Employee Benefits	142.29	130.4	119.59	112.7	118.45	131.69
Cost of Services Provided	97.01	90.42	80.61	75.17	74.19	105.65
Total Operating Expenses	239.3	220.83	200.21	187.87	192.64	237.34
Operating Income	832.15	1,027	-1,599	1,812	2,685	-906.9
EBT Excluding Unusual Items	759.08	1,027	-1,599	1,812	2,685	-906.9
Other Unusual Items	-	-	-	-	-5.58	-11.29
Pretax Income	759.08	1,027	-1,599	1,772	2,401	-918.2
Income Tax Expense	12.98	15.26	39.43	45.57	4.68	-28.42
Earnings From Continuing Ops.	746.1	1,012	-1,638	1,726	2,396	-889.77
Minority Interest in Earnings	-16.28	-9.86	-4.71	-1.1	-6.38	-1.39
Net Income	729.82	1,002	-1,643	1,725	2,390	-891.16
Preferred Dividends & Other Adjustments	154.75	154.55	141.68	110.62	107.53	142.04
Net Income to Common	575.07	847.36	-1,785	1,615	2,282	-1,033
Net Income Growth	-	-	-	-27.81%	-	-
Shares Outstanding (Basic)	573	522	495	411	357	354
Shares Outstanding (Diluted)	574	523	495	412	357	354
Shares Change (YoY)	15.14%	5.70%	20.14%	15.25%	0.98%	-1.41%
EPS (Basic)	1.00	1.62	-3.61	3.93	6.40	-2.92
EPS (Diluted)	1.00	1.62	-3.61	3.92	6.39	-2.92
EPS Growth	-	-	-	-38.65%	-	-
Free Cash Flow	1,160	3,311	2,367	5,372	3,077	527.97
Free Cash Flow Per Share	2.02	6.33	4.79	13.05	8.62	1.49
Dividend Per Share	2.700	2.600	2.600	3.520	3.520	3.640
Dividend Growth	3.85%	-	-26.14%	-	-3.30%	-13.33%
Operating Margin	77.67%	82.30%	-	90.61%	93.31%	-
Profit Margin	53.67%	67.91%	-	80.73%	79.31%	-
Free Cash Flow Margin	108.28%	265.31%	-	268.60%	106.92%	-
Effective Tax Rate	1.71%	1.49%	-	2.57%	0.19%	-

Updated Jul 23, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q