Annaly Capital Management Inc - Understand $nly stock

$NLY Market Cap: $11 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$4.805B

TTM

Gross Margin

-1.53%

TTM

Net Earnings

-$36.92M

TTM

Current Assets

$3.387B

Q3 2024

Current Liabilities

$68.88B

Q3 2024

Current Ratio

4.92%

Q3 2024

Total Assets

$101.5B

Q3 2024

Total Liabilities

$89.07B

Q3 2024

Book Value

$12.44B

Q3 2024

Cash

$1.560B

Q3 2024

P/E

-298.1

Nov 29, 2024 EST

Free Cash Flow

$181.2M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Revenue	$2.406B	$3.264B	$2.974B	$367.7M	$929.2M	$2.283B	$2.809B	$2.267B	$1.159B	-$115.0M	$4.619B	$2.837B	$5.618M	$2.095M	$3.437B	$2.398B	$2.418B	$1.255B	$687.4M	$550.1M	$378.3M	$425.2M	$267.6M	$111.8M	$90.30M	$93.30M	$25.40M
YoY Change	-26.28%	9.75%	708.81%	-60.43%	-59.3%	-18.71%	23.9%	95.64%	-1107.48%	-102.49%	62.81%	50396.62%	168.16%	-99.94%	43.33%	-0.81%	92.66%	82.57%	24.96%	45.41%	-11.03%	58.89%	139.36%	23.81%	-3.22%	267.32%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Revenue	$2.406B	$3.264B	$2.974B	$367.7M	$929.2M	$2.283B	$2.809B	$2.267B	$1.159B	-$115.0M	$4.619B	$2.837B	$5.618M	$2.095M	$3.437B	$2.398B	$2.418B	$1.255B	$687.4M	$550.1M	$378.3M	$425.2M	$267.6M	$111.8M	$90.30M	$93.30M	$25.40M
Cost Of Revenue	$3.843B	$1.310B	$249.2M	$899.1M	$2.785B	$1.898B	$1.008B	$657.8M	$471.6M	$512.7M	$624.7M	$667.2M	$480.3M	$1.163B	$1.296B	$1.889B	$1.927B	$1.055B	$568.6M	$270.1M	$182.0M	$191.8M	$168.1M	$92.90M	$69.80M	$75.70M	$19.70M
Gross Profit	-$1.437B	$1.954B	$2.725B	-$531.4M	-$1.856B	$385.1M	$1.800B	$1.609B	$687.0M	-$627.6M	$3.994B	$2.170B	$639.3M	$1.472B	$2.142B	$509.3M	$491.4M	$200.0M	$118.9M	$279.9M	$196.3M	$233.5M	$99.60M	$18.90M	$20.40M	$17.60M	$5.800M
Gross Profit Margin	-59.71%	59.87%	91.62%	-144.52%	-199.71%	16.87%	64.09%	70.98%	59.3%		86.47%	76.48%	11379.49%	70243.44%	62.3%	21.24%	20.32%	15.94%	17.3%	50.88%	51.89%	54.92%	37.22%	16.91%	22.59%	18.86%	22.83%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Selling, General & Admin	$162.6M	$162.7M	$186.0M	$239.2M	$301.6M	$329.9M	$224.1M	$250.4M	$200.2M	$209.3M	$232.1M	$235.6M	$237.3M	$171.8M	$145.5M	$105.2M	$66.30M	$43.50M	$34.30M	$26.90M	$16.20M	$14.00M	$7.300M	$2.300M	$2.300M	$2.100M	$900.0K
YoY Change	-0.11%	-12.52%	-22.23%	-20.69%	-8.58%	47.21%	-10.5%	25.07%	-4.35%	-9.82%	-1.49%	-0.72%	38.13%	18.08%	38.31%	58.67%	52.41%	26.82%	27.51%	66.05%	15.71%	91.78%	217.39%	0.0%	9.52%	133.33%
% of Gross Profit		8.33%	6.83%			85.67%	12.45%	15.56%	29.14%		5.81%	10.86%	37.12%	11.67%	6.79%	20.66%	13.49%	21.75%	28.85%	9.61%	8.25%	6.0%	7.33%	12.17%	11.27%	11.93%	15.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$24.81M	$20.51M	$24.64M	$41.00M	$32.00M	$72.00M	$17.34M	$21.87M	$12.66M	$3.205M	$3.000M	$4.000M	$2.000M	$2.000M	$2.000M	$4.000M	$1.000M	$2.000M	$1.000M	$0.00	$0.00	$0.00			$0.00	$0.00	$0.00
YoY Change	20.97%	-16.76%	-39.91%	28.13%	-55.56%	315.32%	-20.72%	72.72%	295.04%	6.83%	-25.0%	100.0%	0.0%	0.0%	-50.0%	300.0%	-50.0%	100.0%
% of Gross Profit		1.05%	0.9%			18.7%	0.96%	1.36%	1.84%		0.08%	0.18%	0.31%	0.14%	0.09%	0.79%	0.2%	1.0%	0.84%	0.0%	0.0%	0.0%			0.0%	0.0%	0.0%
Operating Expenses	$162.3M	$142.1M	$40.95M	$386.8M	$318.2M	$333.3M	$224.1M	$250.3M	$200.2M	$209.3M	$232.1M	$235.6M	$237.0M	$171.9M	$145.5M	$105.3M	$66.30M	$43.60M	$34.20M	$26.90M	$16.20M	$13.90M	$7.300M	$2.300M	$2.300M	$2.100M	$800.0K
YoY Change	14.26%	246.95%	-89.41%	21.56%	-4.53%	48.73%	-10.47%	25.02%	-4.35%	-9.82%	-1.49%	-0.59%	37.87%	18.14%	38.18%	58.82%	52.06%	27.49%	27.14%	66.05%	16.55%	90.41%	217.39%	0.0%	9.52%	162.5%
Operating Profit	-$1.599B	$1.812B	$2.684B	-$918.2M	-$2.174B	$51.80M	$1.576B	$1.359B	$486.8M	-$836.9M	$3.762B	$1.934B	$402.3M	$1.300B	$1.996B	$404.0M	$425.1M	$156.4M	$84.70M	$253.0M	$180.1M	$219.6M	$92.30M	$16.60M	$18.10M	$15.50M	$5.000M
YoY Change	-188.23%	-32.47%	-392.29%	-57.76%	-4296.72%	-96.71%	15.99%	179.11%	-158.17%	-122.25%	94.5%	380.76%	-69.05%	-34.89%	394.08%	-4.96%	171.8%	84.65%	-66.52%	40.48%	-17.99%	137.92%	456.02%	-8.29%	16.77%	210.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$3.843B	$1.310B	$249.2M	$899.1M	$2.785B	$1.898B	$1.008B	$657.8M	$471.6M	$512.7M	$624.7M	$667.2M	$480.3M	$428.2M
YoY Change	193.42%	425.49%	-72.28%	-67.71%	46.74%	88.21%	53.3%	39.47%	-8.01%	-17.94%	-6.36%	38.9%	12.17%
% of Operating Profit		72.27%	9.29%			3663.82%	63.98%	48.41%	96.88%		16.61%	34.5%	119.39%	32.95%
Other Income/Expense, Net	-$1.652B	$243.8M	$57.98M	$36.31M	$106.5M	$109.9M				-$2.748B	$1.676B	-$584.6M	-$2.460B	-$783.3M
YoY Change	-777.47%	320.46%	59.68%	-65.92%	-3.07%					-263.92%	-386.72%	-76.23%	214.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Pretax Income	-$1.599B	$1.772B	$2.401B	-$918.2M	-$2.174B	$51.77M	$1.576B	$1.431B	$463.8M	-$837.0M	$3.738B	$1.772B	$402.4M	$1.300B	$1.996B	$372.2M	$423.9M	$101.7M	$1.500M	$253.1M	$180.1M	$219.5M	$92.30M	$16.60M	$18.10M	$15.50M	$4.900M
YoY Change	-190.24%	-26.2%	-361.49%	-57.76%	-4298.96%	-96.71%	10.12%	208.58%	-155.41%	-122.39%	110.97%	340.34%	-69.04%	-34.88%	436.3%	-12.2%	316.81%	6680.0%	-99.41%	40.53%	-17.95%	137.81%	456.02%	-8.29%	16.77%	216.33%
Income Tax	$39.43M	$45.57M	$4.675M	-$28.42M	-$10.84M	-$2.375M	$6.982M	-$1.595M	-$1.954M	$5.325M	$8.213M	$35.91M	$59.05M	$35.43M	$34.40M	$26.00M	$8.900M	$7.500M	$10.70M	$4.500M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income		2.57%	0.19%			-4.59%	0.44%	-0.11%	-0.42%		0.22%	2.03%	14.68%	2.73%	1.72%	6.99%	2.1%	7.37%	713.33%	1.78%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net Earnings	-$1.785B	$1.725B	$2.390B	-$891.2M	-$2.163B	$54.41M	$1.570B	$1.434B	$466.6M	-$842.1M	$3.730B	$1.736B	$344.5M	$1.267B	$1.962B	$346.2M	$414.4M	$93.80M	-$9.200M	$248.6M	$180.1M	$219.5M	$92.30M	$16.60M	$18.10M	$15.50M	$4.900M
YoY Change	-203.45%	-27.81%	-368.18%	-58.8%	-4075.27%	-96.53%	9.47%	207.31%	-155.4%	-122.58%	114.86%	403.95%	-72.82%	-35.39%	466.58%	-16.46%	341.79%	-1119.57%	-103.7%	38.03%	-17.95%	137.81%	456.02%	-8.29%	16.77%	216.33%
Net Earnings / Revenue	-74.17%	52.86%	80.36%	-242.36%	-232.77%	2.38%	55.89%	63.25%	40.27%		80.75%	61.19%	6131.38%	60490.69%	57.06%	14.44%	17.14%	7.47%	-1.34%	45.19%	47.61%	51.62%	34.49%	14.85%	20.04%	16.61%	19.29%
Basic Earnings Per Share	-$3.61	$3.93	$1.60	-$0.73	-$1.60	-$0.06	$1.37	$1.39	$0.42	-$0.96	$3.86	$1.74	$0.37	$2.12
Diluted Earnings Per Share	-$3.61	$3.92	$1.60	-$0.73	-$1.60	-$0.06	$1.37	$1.39	$0.42	-$0.96	$3.74	$1.71	$0.37	$2.04	$3.546M	$682.8K	$1.353M	$559.3K	-$75.10K	$2.098M	$1.937M	$2.667M	$2.203M	$1.153M	$1.341M	$1.192M	$790.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Cash & Short-Term Investments	$1.412B	$1.577B	$1.342B	$1.244B	$1.851B	$1.736B	$707.0M	$1.540B	$1.769B	$1.741B	$552.0M	$616.0M	$994.0M	$283.0M	$1.505B	$909.0M	$104.0M	$92.00M	$5.000M	$6.000M	$0.00	$1.000M	$0.00	$0.00	$0.00	$0.00	$1.000M
YoY Change	-10.44%	17.48%	7.89%	-32.79%	6.62%	145.54%	-54.09%	-12.95%	1.61%	215.4%	-10.39%	-38.03%	251.24%	-81.2%	65.57%	774.04%	13.04%	1740.0%	-16.67%		-100.0%					-100.0%
Cash & Equivalents	$1.412B	$1.577B	$1.342B	$1.244B	$1.851B	$1.736B	$707.0M	$1.540B	$1.769B	$1.741B	$552.0M	$616.0M	$994.0M	$283.0M	$1.505B	$909.0M	$104.0M	$92.00M	$5.000M	$6.000M	$0.00	$1.000M	$0.00	$0.00	$0.00	$0.00	$1.000M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$2.710B	$575.1M	$2.656M	$16.00M	$5.000M	$69.00M	$1.000M	$51.00M	$122.0M	$1.020B	$1.201B	$308.0M	$23.00M	$171.0M	$748.0M	$99.00M	$280.0M	$204.0M	$17.00M	$3.000M	$0.00	$56.00M	$95.00M	$45.00M	$46.00M
Other Receivables	$1.223B	$637.3M	$235.0M	$268.0M	$450.0M	$357.0M	$324.0M	$271.0M	$231.0M	$279.0M	$273.0M	$420.0M	$409.0M	$345.0M	$319.0M	$282.0M	$272.0M	$146.0M	$71.00M	$82.00M	$54.00M	$50.00M	$46.00M	$11.00M	$7.000M
Total Short-Term Assets	$5.345B	$2.789B	$1.580B	$1.528B	$2.306B	$2.162B	$1.032B	$1.862B	$2.122B	$3.040B	$2.026B	$1.344B	$1.426B	$799.0M	$2.572B	$1.290B	$656.0M	$442.0M	$93.00M	$91.00M	$54.00M	$107.0M	$141.0M	$56.00M	$53.00M	$7.000M	$6.000M
YoY Change	91.64%	76.56%	3.39%	-33.74%	6.66%	109.5%	-44.58%	-12.25%	-30.2%	50.05%	50.74%	-5.75%	78.47%	-68.93%	99.38%	96.65%	48.42%	375.27%	2.2%	68.52%	-49.53%	-24.11%	151.79%	5.66%	657.14%	16.67%
Property, Plant & Equipment	$5.945M	$8.872M	$10.54M	$669.0M	$741.0M	$739.0M	$486.0M	$475.0M	$536.0M	$210.0M	$60.00M
YoY Change	-32.99%	-15.84%	-98.42%	-9.72%	0.27%	52.06%	2.32%	-11.38%	155.24%	250.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$85.04B	$78.47B	$74.60B	$85.75B	$126.7B	$102.3B	$98.01B	$84.43B	$71.98B	$84.86B	$79.00B	$132.0B	$108.1B	$82.15B	$66.75B	$56.26B	$53.21B	$30.24B	$15.93B	$19.43B	$12.94B	$11.55B	$7.575B	$1.978B	$1.438B	$1.520B	$1.162B
YoY Change	8.38%	5.19%	-13.0%	-32.31%	23.89%	4.33%	16.08%	17.3%	-15.18%	7.42%	-40.15%	22.07%	31.63%	23.07%	18.64%	5.73%	75.97%	89.82%	-18.01%	50.2%	11.97%	52.5%	282.96%	37.55%	-5.39%	30.81%
Other Assets		$0.00	$194.1M
YoY Change		-100.0%
Total Long-Term Assets	$87.88B	$79.06B	$75.18B	$86.93B	$128.0B	$103.6B	$100.7B	$86.04B	$73.07B	$85.32B	$79.90B	$132.1B	$108.2B	$82.23B	$66.80B	$56.31B	$53.25B	$30.27B	$15.97B	$19.47B	$12.94B	$11.55B	$7.576B	$1.979B	$1.438B	$1.520B	$1.162B
YoY Change	11.16%	5.16%	-13.51%	-32.08%	23.51%	2.88%	17.07%	17.76%	-14.35%	6.78%	-39.52%	22.09%	31.59%	23.09%	18.64%	5.75%	75.89%	89.57%	-17.97%	50.5%	11.98%	52.48%	282.82%	37.62%	-5.39%	30.81%
Total Assets	$93.23B	$81.85B	$76.76B	$88.46B	$130.3B	$105.8B	$101.8B	$87.91B	$75.19B	$88.36B	$81.92B	$133.5B	$109.6B	$83.03B	$69.38B	$57.60B	$53.90B	$30.72B	$16.06B	$19.56B	$12.99B	$11.66B	$7.717B	$2.035B	$1.491B	$1.527B	$1.168B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$287.9M	$336.5M	$104.9M	$208.0M	$497.0M	$571.0M	$253.0M	$163.0M	$152.0M	$181.0M	$161.0M	$187.0M	$139.0M	$116.0M	$89.00M	$200.0M	$258.0M	$84.00M	$28.00M	$36.00M	$15.00M	$15.00M	$16.00M	$8.000M	$7.000M	$5.000M	$5.000M
YoY Change	-14.44%	220.86%	-49.57%	-58.15%	-12.96%	125.69%	55.21%	7.24%	-16.02%	12.42%	-13.9%	34.53%	19.83%	30.34%	-55.5%	-22.48%	207.14%	200.0%	-22.22%	140.0%	0.0%	-6.25%	100.0%	14.29%	40.0%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$64.33B	$59.51B	$54.77B	$64.64B	$101.7B	$80.58B	$77.70B	$65.22B	$56.23B	$71.36B	$61.78B	$104.6B	$84.90B	$65.75B	$54.63B	$46.68B	$46.05B	$27.51B	$13.58B	$16.71B	$11.01B	$10.16B	$6.368B	$1.628B	$1.338B	$1.281B	$919.0M
YoY Change	8.1%	8.66%	-15.27%	-36.47%	26.26%	3.71%	19.14%	15.98%	-21.2%	15.51%	-40.93%	23.19%	29.13%	20.36%	17.04%	1.36%	67.36%	102.67%	-18.75%	51.71%	8.36%	59.59%	291.15%	21.67%	4.45%	39.39%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$68.20B	$61.42B	$55.34B	$66.04B	$103.1B	$82.13B	$78.95B	$65.75B	$56.77B	$72.09B	$62.99B	$113.6B	$89.91B	$70.85B	$59.22B	$49.21B	$48.12B	$27.98B	$14.55B	$17.85B	$11.83B	$10.57B	$7.047B	$1.898B	$1.388B	$1.402B	$1.033B
YoY Change	11.03%	10.98%	-16.2%	-35.92%	25.48%	4.02%	20.08%	15.82%	-21.25%	14.45%	-44.56%	26.36%	26.91%	19.64%	20.34%	2.26%	72.01%	92.28%	-18.49%	50.83%	11.92%	50.05%	271.29%	36.74%	-1.0%	35.72%
Long-Term Debt	$13.20B	$8.795B	$7.108B	$7.181B	$10.56B	$8.576B	$7.119B	$7.865B	$4.734B	$1.266B	$3.386B	$826.0M	$540.0M	$600.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	50.13%	23.73%	-1.02%	-32.02%	23.18%	20.47%	-9.49%	66.14%	273.93%	-62.61%	309.93%	52.96%	-10.0%
Other Long-Term Liabilities	$481.3M	$267.2M	$1.117B	$1.211B	$877.0M	$964.0M	$816.0M	$1.715B	$1.781B	$1.664B	$3.141B	$3.091B	$3.387B	$1.675B	$543.0M	$1.111B	$468.0M	$81.00M	$10.00M	$11.00M	$7.000M	$5.000M	$3.000M	$0.00	$0.00	$0.00	$0.00
YoY Change	80.14%	-76.09%	-7.75%	38.08%	-9.02%	18.14%	-52.42%	-3.71%	7.03%	-47.02%	1.62%	-8.74%	102.21%	208.47%	-51.13%	137.39%	477.78%	710.0%	-9.09%	57.14%	40.0%	66.67%
Total Long-Term Liabilities	$13.69B	$9.062B	$8.225B	$8.392B	$11.44B	$9.540B	$7.935B	$9.580B	$6.515B	$2.930B	$6.527B	$3.917B	$3.927B	$2.275B	$543.0M	$1.111B	$468.0M	$81.00M	$10.00M	$11.00M	$7.000M	$5.000M	$3.000M	$0.00	$0.00	$0.00	$0.00
YoY Change	51.02%	10.18%	-1.99%	-26.65%	19.93%	20.23%	-17.17%	47.05%	122.35%	-55.11%	66.63%	-0.25%	72.62%	318.97%	-51.13%	137.39%	477.78%	710.0%	-9.09%	57.14%	40.0%	66.67%
Total Liabilities	$81.97B	$70.58B	$63.59B	$74.45B	$114.5B	$91.68B	$86.90B	$75.34B	$63.30B	$75.03B	$69.52B	$117.5B	$93.84B	$73.12B	$59.76B	$50.32B	$48.59B	$28.06B	$14.56B	$17.86B	$11.84B	$10.58B	$7.050B	$1.899B	$1.388B	$1.401B	$1.033B
YoY Change	16.14%	10.99%	-14.58%	-34.98%	24.9%	5.5%	15.34%	19.03%	-15.64%	7.93%	-40.85%	25.25%	28.33%	22.36%	18.76%	3.56%	73.15%	92.74%	-18.48%	50.83%	11.93%	50.06%	271.25%	36.82%	-0.93%	35.62%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	494.5M shares	411.3M shares	1.427B shares	1.415B shares	1.435B shares	1.210B shares	1.066B shares	969.8M shares	947.1M shares	947.5M shares	947.3M shares	972.9M shares	874.2M shares	588.2M shares
Diluted Shares Outstanding	494.5M shares	411.6M shares	1.429B shares	1.415B shares	1.435B shares	1.210B shares	1.066B shares	970.1M shares	947.3M shares	947.5M shares	995.6M shares	1.006B shares	874.5M shares	625.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $11.004 Billion

About ANNALY CAPITAL MANAGEMENT INC

Annaly Capital Management, Inc. engages in the investment and financing of residential and commercial assets. The company is headquartered in New York City, New York and currently employs 187 full-time employees. The firm owns a portfolio of real estate-related investments, including mortgage pass-through certificates, collateralized mortgage obligations, credit risk transfer (CRT) securities, and other securities representing interests in or obligations backed by pools of mortgage loans, residential mortgage loans and mortgage servicing rights (MSR). Its investment groups include Annaly Agency Group, Annaly Residential Credit Group and Annaly Mortgage Servicing Rights Group. Annaly Agency Group invests in agency mortgage-backed securities (MBS) collateralized by residential mortgages. Annaly Residential Credit Group invests in non-agency residential mortgage assets within residential and commercial markets. Annaly Mortgage Servicing Rights Group invests in MSR, which provides the right to service residential mortgage loans in exchange for a portion of the interest payments.

Industry: Real Estate Investment Trusts Peers: AGNC Investment Corp. Apollo Commercial Real Estate Finance, Inc. ARBOR REALTY TRUST INC BLACKSTONE MORTGAGE TRUST, INC. CHIMERA INVESTMENT CORP Claros Mortgage Trust, Inc. HA Sustainable Infrastructure Capital, Inc. Rithm Capital Corp. STARWOOD PROPERTY TRUST, INC.