Annaly Capital Management, Inc. (NLY) — Cash Flow Quality Index
Annaly Capital Management, Inc. (NLY) has a Cash Flow Quality Index of 1.97x as of June 2026. Operating cash flow of $1.62 Billion exceeds net income of $822.67 Million, indicating high earnings quality where cash backs reported profits. Explore debt repayment capacity of Annaly Capital Management, Inc. to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Annaly Capital Management, Inc. Cash Flow Quality Index (1997–2025)
Historical Cash Flow Quality Index for Annaly Capital Management, Inc. across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Annaly Capital Management, Inc. cash conversion from operations.
Annual Cash Flow Quality Index for Annaly Capital Management, Inc. (1997–2025)
Year-by-year earnings quality comparison for Annaly Capital Management, Inc..
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.34x | $692.91 Million | $2.05 Billion | ▼ -89.7% |
| 2024 | 3.27x | $3.31 Billion | $1.01 Billion | ▲ +5.2% |
| 2022 | 3.11x | $5.37 Billion | $1.73 Billion | ▲ +142.4% |
| 2021 | 1.28x | $3.08 Billion | $2.40 Billion | ▼ -97.3% |
| 2018 | 48.42x | $2.62 Billion | $54.15 Million | ▲ +996.0% |
| 2017 | 4.42x | $6.93 Billion | $1.57 Billion | ▼ -7.7% |
| 2016 | 4.78x | $6.86 Billion | $1.43 Billion | ▲ +170.4% |
| 2015 | -6.80x | $-3.17 Billion | $465.75 Million | ▼ -96.7% |
| 2013 | -3.46x | $-12.89 Billion | $3.73 Billion | ▼ -178.5% |
| 2012 | 4.40x | $7.64 Billion | $1.74 Billion | ▼ -37.4% |
| 2011 | 7.03x | $2.42 Billion | $344.46 Million | ▼ -18.0% |
| 2010 | 8.57x | $10.86 Billion | $1.27 Billion | ▲ +55.4% |
| 2009 | 5.52x | $10.82 Billion | $1.96 Billion | ▲ +72.1% |
| 2008 | 3.21x | $1.11 Billion | $346.18 Million | ▲ +152.8% |
| 2007 | 1.27x | $525.38 Million | $414.38 Million | ▼ -46.3% |
| 2006 | 2.36x | $221.63 Million | $93.82 Million | ▲ +40.9% |
| 2004 | 1.68x | $416.92 Million | $248.59 Million | ▼ -14.9% |
| 2003 | 1.97x | $354.92 Million | $180.10 Million | ▲ +43.2% |
| 2002 | 1.38x | $302.11 Million | $219.51 Million | ▲ +27.3% |
| 2001 | 1.08x | $99.77 Million | $92.28 Million | ▲ +25.8% |
| 2000 | 0.86x | $14.25 Million | $16.59 Million | ▼ -38.6% |
| 1999 | 1.40x | $25.38 Million | $18.14 Million | ▲ +15.4% |
| 1998 | 1.21x | $18.80 Million | $15.50 Million | ▼ -8.6% |
| 1997 | 1.33x | $6.50 Million | $4.90 Million | — |