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 how much of Annaly Capital Management, Inc.'s assets are long-term investments to see how much of total assets are deployed in long-term investments.
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 tangible is Annaly Capital Management, Inc.'s equity to evaluate the tangible quality of the company's equity base.
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.
| 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 | — |