Annaly Capital Management Debt-to-Equity Ratio Growth & History (NLY)
Annaly Capital Management's debt-to-equity ratio was 0.00 for fiscal 2025.
View full Annaly Capital Management company overviewAnnaly Capital Management annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.00 | −0.00 | −9.35% |
| 2024 | 2024-12-31 | 0.00 | 0.00 | +240.35% |
| 2023 | 2023-12-31 | 0.00 | −0.00 | −33.24% |
| 2022 | 2022-12-31 | 0.00 | −0.00 | −4.01% |
| 2021 | 2021-12-31 | 0.00 | −0.03 | −96.74% |
| 2020 | 2020-12-31 | 0.03 | −0.00 | −1.44% |
| 2019 | 2019-12-31 | 0.03 | — | — |
| 2017 | 2017-12-31 | 0.02 | −0.00 | −16.09% |
| 2016 | 2016-12-31 | 0.03 | −0.00 | −11.94% |
| 2015 | 2015-12-31 | 0.03 | — | — |
Annaly Capital Management quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.00 | −0.00 | −7.21% |
| Q1 2026 | 2026-03-31 | 0.00 | −0.00 | −4.34% |
| Q4 2025 | 2025-12-31 | 0.00 | −0.00 | −9.35% |
| Q3 2025 | 2025-09-30 | 0.00 | 0.00 | +475.26% |
| Q2 2025 | 2025-06-30 | 0.00 | 0.00 | +337.57% |
| Q1 2025 | 2025-03-31 | 0.00 | 0.00 | +277.16% |
| Q4 2024 | 2024-12-31 | 0.00 | 0.00 | +240.35% |
| Q3 2024 | 2024-09-30 | 0.00 | −0.00 | −54.04% |
| Q2 2024 | 2024-06-30 | 0.00 | −0.00 | −37.76% |
| Q1 2024 | 2024-03-31 | 0.00 | −0.00 | −34.77% |
| Q4 2023 | 2023-12-31 | 0.00 | −0.00 | −33.24% |
| Q3 2023 | 2023-09-30 | 0.00 | −0.00 | −28.22% |
| Q2 2023 | 2023-06-30 | 0.00 | −0.00 | −26.29% |
| Q1 2023 | 2023-03-31 | 0.00 | −0.00 | −21.78% |
| Q4 2022 | 2022-12-31 | 0.00 | −0.00 | −4.01% |
| Q3 2022 | 2022-09-30 | 0.00 | 0.00 | +4.97% |
| Q2 2022 | 2022-06-30 | 0.00 | −0.00 | −4.25% |
| Q1 2022 | 2022-03-31 | 0.00 | −0.00 | −3.12% |
| Q4 2021 | 2021-12-31 | 0.00 | −0.03 | −96.74% |
| Q3 2021 | 2021-09-30 | 0.00 | −0.04 | −97.16% |
| Q2 2021 | 2021-06-30 | 0.00 | −0.04 | −97.07% |
| Q1 2021 | 2021-03-31 | 0.00 | −0.04 | −97.11% |
| Q4 2020 | 2020-12-31 | 0.03 | −0.00 | −1.44% |
| Q3 2020 | 2020-09-30 | 0.04 | 0.00 | +11.20% |
| Q2 2020 | 2020-06-30 | 0.04 | 0.01 | +15.25% |
| Q1 2020 | 2020-03-31 | 0.04 | 0.01 | +17.41% |
| Q4 2019 | 2019-12-31 | 0.03 | — | — |
| Q3 2019 | 2019-09-30 | 0.03 | −0.00 | −2.69% |
| Q2 2019 | 2019-06-30 | 0.03 | 0.01 | +47.69% |
| Q1 2019 | 2019-03-31 | 0.03 | −0.00 | −7.89% |
| Q3 2018 | 2018-09-30 | 0.03 | 0.01 | +55.58% |
| Q2 2018 | 2018-06-30 | 0.02 | −0.00 | −9.15% |
| Q1 2018 | 2018-03-31 | 0.04 | 0.01 | +48.88% |
| Q4 2017 | 2017-12-31 | 0.02 | −0.00 | −16.09% |
| Q3 2017 | 2017-09-30 | 0.02 | −0.00 | −10.89% |
| Q2 2017 | 2017-06-30 | 0.02 | −0.00 | −12.82% |
| Q1 2017 | 2017-03-31 | 0.02 | −0.00 | −14.25% |
| Q4 2016 | 2016-12-31 | 0.03 | −0.00 | −11.94% |
| Q3 2016 | 2016-09-30 | 0.02 | 0.01 | +84.02% |
| Q2 2016 | 2016-06-30 | 0.03 | 0.02 | +146.60% |
| Q1 2016 | 2016-03-31 | 0.03 | — | — |
| Q4 2015 | 2015-12-31 | 0.03 | — | — |
| Q3 2015 | 2015-09-30 | 0.01 | — | — |
| Q2 2015 | 2015-06-30 | 0.01 | — | — |
Annaly Capital Management debt-to-equity ratio trends
Over the last five fiscal years, Annaly Capital Management's debt-to-equity ratio decreased from 0.03 to 0.00, a change of −0.03. The latest reported quarter, Q2 2026, shows 0.00.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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