Annaly Capital Management, Inc. (NLY) — Cash Flow-to-Debt Ratio
Annaly Capital Management, Inc. (NLY) has a Cash Flow-to-Debt Ratio of -0.01x as of March 2026, meaning its operating cash flow of $-1.40 Billion could theoretically repay 0% of its total liabilities ($122.21 Billion) in one year. See NLY free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Annaly Capital Management, Inc. Cash Flow-to-Debt Ratio (1997–2025)
Historical debt coverage capacity for Annaly Capital Management, Inc. across 29 annual periods. Also explore NLY shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Annaly Capital Management, Inc. (1997–2025)
Year-by-year debt coverage analysis for Annaly Capital Management, Inc.. For market capitalisation and broader financial context, see Annaly Capital Management, Inc. (NLY) total market value.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.01x | $692.91 Million | $119.45 Billion | ▼ -84.1% |
| 2024 | 0.04x | $3.31 Billion | $90.86 Billion | ▲ +26.0% |
| 2023 | 0.03x | $2.37 Billion | $81.88 Billion | ▼ -62.1% |
| 2022 | 0.08x | $5.37 Billion | $70.48 Billion | ▲ +57.5% |
| 2021 | 0.05x | $3.08 Billion | $63.57 Billion | ▲ +582.4% |
| 2020 | 0.01x | $527.97 Million | $74.43 Billion | ▲ +167.7% |
| 2019 | -0.01x | $-1.20 Billion | $114.50 Billion | ▼ -136.6% |
| 2018 | 0.03x | $2.62 Billion | $91.67 Billion | ▼ -64.1% |
| 2017 | 0.08x | $6.93 Billion | $86.89 Billion | ▼ -12.3% |
| 2016 | 0.09x | $6.86 Billion | $75.33 Billion | ▲ +281.9% |
| 2015 | -0.05x | $-3.17 Billion | $63.28 Billion | ▼ -161.3% |
| 2014 | 0.08x | $6.13 Billion | $75.02 Billion | ▲ +144.0% |
| 2013 | -0.19x | $-12.89 Billion | $69.52 Billion | ▼ -385.3% |
| 2012 | 0.07x | $7.64 Billion | $117.53 Billion | ▲ +152.1% |
| 2011 | 0.03x | $2.42 Billion | $93.87 Billion | ▼ -82.6% |
| 2010 | 0.15x | $10.86 Billion | $73.16 Billion | ▼ -17.9% |
| 2009 | 0.18x | $10.82 Billion | $59.82 Billion | ▲ +721.6% |
| 2008 | 0.02x | $1.11 Billion | $50.41 Billion | ▲ +103.5% |
| 2007 | 0.01x | $525.38 Million | $48.59 Billion | ▲ +36.9% |
| 2006 | 0.01x | $221.63 Million | $28.06 Billion | ▼ -59.1% |
| 2005 | 0.02x | $281.53 Million | $14.56 Billion | ▼ -17.2% |
| 2004 | 0.02x | $416.92 Million | $17.86 Billion | ▼ -22.1% |
| 2003 | 0.03x | $354.92 Million | $11.84 Billion | ▲ +5.0% |
| 2002 | 0.03x | $302.11 Million | $10.58 Billion | ▲ +101.8% |
| 2001 | 0.01x | $99.77 Million | $7.05 Billion | ▲ +88.6% |
| 2000 | 0.01x | $14.25 Million | $1.90 Billion | ▼ -59.0% |
| 1999 | 0.02x | $25.38 Million | $1.39 Billion | ▲ +36.3% |
| 1998 | 0.01x | $18.80 Million | $1.40 Billion | ▲ +113.1% |
| 1997 | 0.01x | $6.50 Million | $1.03 Billion | — |