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ANNALY CAPITAL MANAGEMENT INC

For the period ended Dec 31, 2024. Filed Feb 13, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 13, 2025

NLY$18.75-0.5%Stored close · as of Nov 6, 2026
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Contents

Return on Average Equity

The following table shows the components of our annualized return on average equity for the periods presented.

Components of Annualized Return on Average Equity

Economic Net Interest Income/ Average Equity (1)Net Servicing Income/Average EquityOther Income (Loss)/Average Equity (2)G&A Expenses/ Average EquityIncomeTaxes/ Average EquityReturn onAverage Equity
For the years ended
December 31, 202412.22%3.67%(5.79%)(1.44%)(0.13%)8.53%
December 31, 202312.88%2.85%(28.30%)(1.42%)(0.34%)(14.33%)
December 31, 202215.80%1.91%(1.06%)(1.40%)(0.39%)14.86%
(1) Economic net interest income includes the net interest component of interest rate swaps and, beginning with the quarter ended June 30, 2024, net interest on initial margin related to interest rate swaps, which is reported in Other, net in the Company’s Consolidated Statements of Comprehensive Income (Loss). Prior period results have not been adjusted in accordance with this change as the impact is not material. Net interest on variation margin related to interest rate swaps was previously and is currently included in the Net interest component of interest rate swaps in the Company's Consolidated Statements of Comprehensive Income (Loss) for all periods presented..(2) Other income (loss) excludes the net interest component of interest rate swaps.
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.