Annaly Capital Management, Inc. (NLY) — Capital Reinvestment Ratio
Annaly Capital Management, Inc. (NLY) has a Capital Reinvestment Ratio of 0.27x as of December 2025, meaning it reinvests 0% of its operating cash flow ($644.34 Million) in capital expenditures ($172.81 Million). See Annaly Capital Management, Inc. balance sheet quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Annaly Capital Management, Inc. Capital Reinvestment Ratio (2011–2025)
This chart tracks Annaly Capital Management, Inc.'s Capital Reinvestment Ratio across 12 annual periods. Check NLY cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Annaly Capital Management, Inc. (2011–2025)
Year-by-year Capital Reinvestment Ratio for Annaly Capital Management, Inc. from 2011 to 2025. For live market cap and broader valuation context, see Annaly Capital Management, Inc. stock valuation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.32x | $692.91 Million | $915.07 Million | ▲ +406.6% |
| 2024 | 0.26x | $3.31 Billion | $863.12 Million | ▲ +55.5% |
| 2023 | 0.17x | $2.37 Billion | $396.81 Million | ▼ -11.2% |
| 2022 | 0.19x | $5.37 Billion | $1.01 Billion | ▲ +7.9% |
| 2021 | 0.17x | $3.08 Billion | $538.14 Million | ▼ -99.7% |
| 2020 | 61.89x | $527.97 Million | $32.68 Billion | ▲ +42593483.4% |
| 2018 | 0.00x | $2.62 Billion | $381.00K | ▼ -91.2% |
| 2017 | 0.00x | $6.93 Billion | $11.49 Million | ▼ -93.5% |
| 2016 | 0.03x | $6.86 Billion | $174.17 Million | ▼ -5.5% |
| 2014 | 0.03x | $6.13 Billion | $164.72 Million | ▼ -99.7% |
| 2012 | 8.83x | $7.64 Billion | $67.47 Billion | ▲ +601105.4% |
| 2011 | 0.00x | $2.42 Billion | $3.56 Million | — |