Annaly Capital Management, Inc. (NLY) — Cash Flow Quality Index
Annaly Capital Management, Inc. (NLY) has a Cash Flow Quality Index of -4.82x as of March 2026. Operating cash flow of $-1.40 Billion is below net income of $290.51 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore NLY operating cash flow to assess how effectively this company generates cash.
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. Check how aggressively does Annaly Capital Management, Inc. reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Annaly Capital Management, Inc. (1997–2025)
Year-by-year earnings quality comparison for Annaly Capital Management, Inc.. For live market cap and the full company financial profile, see NLY market cap overview.
| 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 | — |