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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	5,607	4,840	3,732	2,779	1,983	2,230
Total Interest Expense	3,677	2,387	3,074	-2,537	-1,673	2,012
Net Interest Income	1,931	2,453	658.04	5,316	3,656	218.1
Commissions and Fees	550.69	485.41	364.16	246.93	69.02	94.19
Gain (Loss) on Sale of Investments	-554.18	-1,850	-2,126	-4,602	120.96	358.49
Other Revenue	-88.12	159.34	-295.62	1,019	-1,113	-1,193
Revenue Before Loan Losses	1,839	1,248	-1,399	1,979	2,733	-521.98
Provision for Loan Losses	-	-	-0.22	-20.66	-145.07	147.58
Revenue	1,839	1,248	-1,399	2,000	2,878	-669.56
Revenue Growth (YoY)	394.51%	-	-	-30.50%	-	-
Salaries & Employee Benefits	146.23	130.4	119.59	112.7	118.45	131.69
Cost of Services Provided	101.6	90.42	80.61	75.17	74.19	105.65
Total Operating Expenses	247.83	220.83	200.21	187.87	192.64	237.34
Operating Income	1,591	1,027	-1,599	1,812	2,685	-906.9
EBT Excluding Unusual Items	1,518	1,027	-1,599	1,812	2,685	-906.9
Other Unusual Items	-	-	-	-	-5.58	-11.29
Pretax Income	1,518	1,027	-1,599	1,772	2,401	-918.2
Income Tax Expense	11.29	15.26	39.43	45.57	4.68	-28.42
Earnings From Continuing Ops.	1,507	1,012	-1,638	1,726	2,396	-889.77
Minority Interest in Earnings	-11	-9.86	-4.71	-1.1	-6.38	-1.39
Net Income	1,496	1,002	-1,643	1,725	2,390	-891.16
Preferred Dividends & Other Adjustments	154.25	154.55	141.68	110.62	107.53	142.04
Net Income to Common	1,342	847.36	-1,785	1,615	2,282	-1,033
Net Income Growth	1188.27%	-	-	-27.81%	-	-
Shares Outstanding (Basic)	608	522	495	411	357	354
Shares Outstanding (Diluted)	610	523	495	412	357	354
Shares Change (YoY)	20.90%	5.70%	20.14%	15.25%	0.98%	-1.41%
EPS (Basic)	2.21	1.62	-3.61	3.93	6.40	-2.92
EPS (Diluted)	2.19	1.62	-3.61	3.92	6.39	-2.92
EPS Growth	-	-	-	-38.65%	-	-
Free Cash Flow	-	3,311	2,367	5,372	3,077	527.97
Free Cash Flow Per Share	-	6.33	4.79	13.05	8.62	1.49
Dividend Per Share	2.750	2.600	2.600	3.520	3.520	3.640
Dividend Growth	5.77%	-	-26.14%	-	-3.30%	-13.33%
Operating Margin	86.52%	82.30%	-	90.61%	93.31%	-
Profit Margin	72.95%	67.91%	-	80.73%	79.31%	-
Free Cash Flow Margin	-	265.31%	-	268.60%	106.92%	-
Effective Tax Rate	0.74%	1.49%	-	2.57%	0.19%	-

Updated Oct 22, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q