Annaly Capital Management, Inc. (NLY) — Financial Flexibility Index
Annaly Capital Management, Inc. (NLY) has a Financial Flexibility Index of 0.01x as of June 2026. Free cash flow of $1.83 Billion (operating CF $1.62 Billion minus capex $210.91 Million) represents 0% of total liabilities ($126.76 Billion). Check NLY total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Annaly Capital Management, Inc. Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend for Annaly Capital Management, Inc. across 29 annual periods. For the full cash flow conversion analysis, see Annaly Capital Management, Inc. cash flow conversion.
Annual Financial Flexibility Index for Annaly Capital Management, Inc. (1997–2025)
Year-by-year free cash flow to debt coverage for Annaly Capital Management, Inc.. Explore Annaly Capital Management, Inc. cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.01x | $1.61 Billion | $692.91 Million | $119.45 Billion | ▼ -70.7% |
| 2024 | 0.05x | $4.17 Billion | $3.31 Billion | $90.86 Billion | ▲ +36.1% |
| 2023 | 0.03x | $2.76 Billion | $2.37 Billion | $81.88 Billion | ▼ -62.7% |
| 2022 | 0.09x | $6.39 Billion | $5.37 Billion | $70.48 Billion | ▲ +59.3% |
| 2021 | 0.06x | $3.61 Billion | $3.08 Billion | $63.57 Billion | ▼ -87.3% |
| 2020 | 0.45x | $33.20 Billion | $527.97 Million | $74.43 Billion | ▲ +4448.5% |
| 2019 | -0.01x | $-1.17 Billion | $-1.20 Billion | $114.50 Billion | ▼ -135.9% |
| 2018 | 0.03x | $2.62 Billion | $2.62 Billion | $91.67 Billion | ▼ -64.2% |
| 2017 | 0.08x | $6.94 Billion | $6.93 Billion | $86.89 Billion | ▼ -14.4% |
| 2016 | 0.09x | $7.03 Billion | $6.86 Billion | $75.33 Billion | ▲ +304.2% |
| 2015 | -0.05x | $-2.89 Billion | $-3.17 Billion | $63.28 Billion | ▼ -154.5% |
| 2014 | 0.08x | $6.29 Billion | $6.13 Billion | $75.02 Billion | ▲ +145.3% |
| 2013 | -0.19x | $-12.87 Billion | $-12.89 Billion | $69.52 Billion | ▼ -129.0% |
| 2012 | 0.64x | $75.11 Billion | $7.64 Billion | $117.53 Billion | ▲ +2375.2% |
| 2011 | 0.03x | $2.42 Billion | $2.42 Billion | $93.87 Billion | ▼ -82.6% |
| 2010 | 0.15x | $10.86 Billion | $10.86 Billion | $73.16 Billion | ▼ -17.9% |
| 2009 | 0.18x | $10.82 Billion | $10.82 Billion | $59.82 Billion | ▲ +721.6% |
| 2008 | 0.02x | $1.11 Billion | $1.11 Billion | $50.41 Billion | ▲ +103.5% |
| 2007 | 0.01x | $525.38 Million | $525.38 Million | $48.59 Billion | ▲ +36.9% |
| 2006 | 0.01x | $221.63 Million | $221.63 Million | $28.06 Billion | ▼ -59.1% |
| 2005 | 0.02x | $281.53 Million | $281.53 Million | $14.56 Billion | ▼ -17.2% |
| 2004 | 0.02x | $416.92 Million | $416.92 Million | $17.86 Billion | ▼ -22.1% |
| 2003 | 0.03x | $354.92 Million | $354.92 Million | $11.84 Billion | ▲ +5.0% |
| 2002 | 0.03x | $302.11 Million | $302.11 Million | $10.58 Billion | ▲ +101.8% |
| 2001 | 0.01x | $99.77 Million | $99.77 Million | $7.05 Billion | ▲ +88.6% |
| 2000 | 0.01x | $14.25 Million | $14.25 Million | $1.90 Billion | ▼ -59.0% |
| 1999 | 0.02x | $25.38 Million | $25.38 Million | $1.39 Billion | ▲ +36.3% |
| 1998 | 0.01x | $18.80 Million | $18.80 Million | $1.40 Billion | ▲ +113.1% |
| 1997 | 0.01x | $6.50 Million | $6.50 Million | $1.03 Billion | — |