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Annaly Capital Management Inc

NLY

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Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$14.36B
EPS$1.57
P/E11.61
P/FCF–
EV/EBITDA–
FCF Yield–
Div. Yield15.30%
Net Debt/FCF–
Annaly Capital Management Inc intrinsic value
52-Week Range
$17.72$24.40

Profitability & Returns

Revenue

N/A

Net Income (TTM)

$1.12B

▲ +102.3% YoY

Op. Margin

–

ROIC

–

Cash Flow & Balance Sheet

FCF

N/A

Op. Cash Flow (TTM)

$3.72B

▼ -79.1% YoY

Net Debt

-$2.14B

Net Cash Position

Cash & Equiv.

$2.18B

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Peers

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Held by ETFs

NLY is in 145 US ETFs. The largest of them, with NLY's weight in each:

Annaly Capital Management (NLY) in four numbers

Fair value (ffo)
$15.92
Price $18.23 is 14% above it.
Intrinsic Value
Quality score
24/100
Best check: debt / EBITDA, 0.0x. Weakest: interest coverage, 1.2x.
Quality
Dividend (TTM)
$3.04
15.30% yield, raised 1 year in a row.
Dividends
P/E
11.61
From the last twelve months of earnings.
Financials

Questions about Annaly Capital Management

Is Annaly Capital Management (NLY) overvalued?

At $18.23, Annaly Capital Management's price is 14% above the $15.92 a share fair value that Intrinsiqq's calculator gets from its ffo. It trades at 11.61 times earnings. The growth behind that figure is yours to set on the Intrinsic Value tab. See how to tell if a stock is overvalued.

What is Annaly Capital Management's fair value?

Intrinsiqq's calculator puts Annaly Capital Management's fair value at $15.92 a share. It grows FFO per share 0% a year for 5 years, applies an exit P/FFO of 5, and works back at a 10% yearly return. A 25% margin of safety gives a buy-below price of $11.94. Every input can be changed on the Intrinsic Value tab.

Is Annaly Capital Management a high-quality business?

Annaly Capital Management scores 24 out of 100 on Intrinsiqq's quality score, which makes it a lower-quality business on these measures. The score blends 6 checks computed from SEC filings. Its best check is debt / EBITDA at 0.0x, and its weakest is interest coverage at 1.2x. The Quality tab shows every check against its target.

Does Annaly Capital Management (NLY) pay a dividend, and how much?

Yes. Annaly Capital Management (NLY) pays a dividend: $3.04 per share over the last twelve months, a dividend yield of 15.30% at the latest close. It has raised its dividend per share for 1 year in a row, shrinking at 6.8% a year over the last 5 years.

Source: 10-Q filed 23 Oct 2026 (period ending 30 Sept 2026), SEC. Price: last close 30 Oct 2026. How this is calculated. Sector medians are approximate S&P 500 benchmarks and update periodically. Analysis, not investment advice.

Spot a number that looks wrong? Check it in NLY's SEC filings or

Download this analysis as a PDF (Pro)

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Not financial advice. Analytical data for research only.

Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.