What is the current annual debt to equity of NLY?

As of today, NLY annual debt to equity is 6.95

What is 1-year change in NLY annual debt to equity?

NLY annual debt to equity is down -2.25% year-over-year

What is 3-year change in NLY annual debt to equity?

NLY annual debt to equity is up +14.69% over the past 3 years

How far is NLY annual debt to equity from its all-time high?

NLY annual debt to equity is currently -46.37% below its historical high of 12.96 set on December 31, 1999

How does NLY annual debt to equity rank versus sector peers?

NLY annual debt to equity is higher than 93.00% of companies in Real Estate sector

When is NLY next annual earnings release?

The next annual earnings release for NLY is on January 27, 2027

What is the current quarterly debt to equity of NLY?

As of today, NLY quarterly debt to equity is 7.90

What is NLY quarterly debt to equity most recent change?

NLY quarterly debt to equity was up +7.05% on September 30, 2026

What is 1-year change in NLY quarterly debt to equity?

NLY quarterly debt to equity is up +10.03% year-over-year

How far is NLY quarterly debt to equity from its all-time high?

NLY quarterly debt to equity is currently -39.04% below its historical high of 12.96 set on December 31, 1999

How does NLY quarterly debt to equity rank versus sector peers?

NLY quarterly debt to equity is higher than 94.49% of companies in Real Estate sector

When is NLY next earnings release?

The next earnings release for NLY is on January 27, 2027

NLY Debt To Equity Ratio History & Chart Since 1997

Annual Debt To Equity

6.950.16-2.25%

December 31, 2025

Summary

Current Value: As of today, NLY annual debt to equity is 6.95, down -2.25% on December 31, 2025
Historical Performance: NLY annual debt to equity is up +14.69% over the past 3 years, up +35.48% over the past 5 years
All-Time High Comparison: NLY annual debt to equity is currently -46.37% below its historical high of 12.96 set on December 31, 1999
3-Year Low Comparison: NLY annual debt to equity is +14.69% above its 3-year low of 6.06 reached on an earlier date
Sector Comparison: NLY annual debt to equity is higher than 93.00% of companies in Real Estate sector

Debt To Equity Chart

Performance

NLY Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Debt To Equity	Dec 31, 25	6.95	-2.3%	+14.7%	+35.5%	+2.4%
Quarterly Debt To Equity	Sep 30, 26	7.90	+10.0%	+9.9%	+77.9%	+42.3%
Price	Oct 23, 26	$18.35	-12.2%	+14.1%	-47.2%	-71.3%
Annual Total Debt	Dec 31, 25	$111.86B	+24.8%	+63.7%	+55.6%	+66.3%
	Dec 31, 25	$16.09B	+27.6%	+42.8%	+14.9%	+62.5%
	Dec 31, 25	0.04	-42.9%	-20.0%	+100.0%	+33.3%
	Dec 31, 25	0.03	-57.1%	-40.0%	+50.0%	0.0%
	Dec 31, 25	$81.87B	+19.1%	+37.5%	+26.2%	+31.4%
	Dec 31, 25	$29.99B	+43.7%	+240.8%	+327.9%	+505.9%
	Sep 30, 26	-	–	–	–	–
	Oct 23, 26	-0.57	+5.0%	+26.9%	+38.0%	+14.9%

Debt To Equity Highs

NLY Annual Debt To Equity Highs Comparison
Period	High	Date	Current
3Y	7.11	Dec 31, 24	-2.3%
5Y	7.11	Dec 31, 24	-2.3%
All	12.96	Dec 31, 99	-46.4%

Debt To Equity Lows

NLY Annual Debt To Equity Lows Comparison
Period	Low	Date	Current
3Y	6.06	N/A	+14.7%
5Y	4.70	Dec 31, 21	+47.9%
All	4.70	Dec 31, 21	+47.9%

Debt To Equity History

Year	Value	Change
2025	6.95	-2.3%
2024	7.11	+3.2%
2023	6.89	+13.7%
2022	6.06	+28.9%
2021	4.70	-8.4%
2020	5.13	-27.8%
2019	7.11	+12.5%
2018	6.32	+10.7%
2017	5.71	-1.7%
2016	5.81	+13.5%
2015	5.12	-6.1%
2014	5.45	+0.7%
2013	5.41	-18.6%
2012	6.65	+21.8%
2011	5.46	-19.6%

Year	Value	Change
2010	6.79	+19.5%
2009	5.68	-11.4%
2008	6.41	-26.0%
2007	8.66	-16.5%
2006	10.37	+14.8%
2005	9.03	-8.1%
2004	9.83	+2.6%
2003	9.58	+1.8%
2002	9.41	-1.4%
2001	9.54	-20.5%
2000	12.00	-7.4%
1999	12.96	+27.4%
1998	10.17	+49.6%
1997	6.80	-

FAQ

What is the current annual debt to equity of NLY?: As of today, NLY annual debt to equity is 6.95
What is 1-year change in NLY annual debt to equity?: NLY annual debt to equity is down -2.25% year-over-year
What is 3-year change in NLY annual debt to equity?: NLY annual debt to equity is up +14.69% over the past 3 years
How far is NLY annual debt to equity from its all-time high?: NLY annual debt to equity is currently -46.37% below its historical high of 12.96 set on December 31, 1999
How does NLY annual debt to equity rank versus sector peers?: NLY annual debt to equity is higher than 93.00% of companies in Real Estate sector
When is NLY next annual earnings release?: The next annual earnings release for NLY is on January 27, 2027

Debt To Equity Formula

Debt To Equity =

Total Debt

Quarterly Debt To Equity

7.900.52+7.05%

September 30, 2026

Summary

Current Value: As of today, NLY quarterly debt to equity is 7.90, up +7.05% on September 30, 2026
Historical Performance: NLY quarterly debt to equity is up +10.03% year-over-year, up +9.87% over the past 3 years
All-Time High Comparison: NLY quarterly debt to equity is currently -39.04% below its historical high of 12.96 set on December 31, 1999
3-Year Low Comparison: NLY quarterly debt to equity is +17.73% above its 3-year low of 6.71 reached on March 31, 2024
Sector Comparison: NLY quarterly debt to equity is higher than 94.49% of companies in Real Estate sector

Performance

NLY Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Debt To Equity	Sep 30, 26	7.90	+7.0%	+10.0%	+9.9%	+77.9%
Annual Debt To Equity	Dec 31, 25	6.95	–	-2.3%	+14.7%	+35.5%
Price	Oct 23, 26	$18.35	-17.8%	-12.2%	+14.1%	-47.2%
Quarterly Total Debt	Sep 30, 26	$125.03B	+0.0%	+16.8%	+64.6%	+105.7%
	Sep 30, 26	$15.82B	-6.5%	+6.1%	+49.8%	+15.5%
	Sep 30, 26	0.04	0.0%	0.0%	-20.0%	+100.0%
	Sep 30, 26	-	–	–	–	–
	Sep 30, 26	$85.53B	-2.3%	+9.9%	+32.2%	+54.2%
	Sep 30, 26	$39.51B	+5.5%	+35.1%	+250.2%	+642.6%
	Sep 30, 26	-	–	–	–	–
	Oct 23, 26	-0.57	-1.8%	+5.0%	+26.9%	+38.0%

Quarterly Debt To Equity Highs

NLY Quarterly Debt To Equity Highs Comparison
Period	High	Date	Current
1Y	7.90	Sep 30, 26	at high
3Y	7.90	Sep 30, 26	at high
5Y	7.90	Sep 30, 26	at high
All	12.96	Dec 31, 99	-39.0%

Quarterly Debt To Equity Lows

NLY Quarterly Debt To Equity Lows Comparison
Period	Low	Date	Current
1Y	7.18	N/A	+10.0%
3Y	6.71	Mar 31, 24	+17.7%
5Y	4.44	N/A	+77.9%
All	0.00	Sep 30, 98	N/A

Quarterly Debt To Equity History

Month	Value	Change
Sep 2026	7.90	+7.0%
Jun 2026	7.38	+0.5%
Mar 2026	7.34	+1.7%
Dec 2025	7.22	+0.6%
Sep 2025	7.18	+0.3%
Jun 2025	7.16	+5.0%
Mar 2025	6.82	-4.1%
Dec 2024	7.11	+2.7%
Sep 2024	6.92	-3.8%
Jun 2024	7.19	+7.2%
Mar 2024	6.71	-2.6%
Dec 2023	6.89	-4.2%
Sep 2023	7.19	+16.9%
Jun 2023	6.15	+2.5%
Mar 2023	6.00	-1.0%
Dec 2022	6.06	+4.5%
Sep 2022	5.80	+7.4%
Jun 2022	5.40	+1.1%
Mar 2022	5.34	+13.6%
Dec 2021	4.70	+5.9%
Sep 2021	4.44	-6.7%
Jun 2021	4.76	+2.4%
Mar 2021	4.65	-9.4%
Dec 2020	5.13	+1.0%
Sep 2020	5.08	-7.5%
Jun 2020	5.49	-14.2%
Mar 2020	6.40	-10.0%
Dec 2019	7.11	-3.0%
Sep 2019	7.33	+1.5%
Jun 2019	7.22	+17.6%
Mar 2019	6.14	-2.8%
Dec 2018	6.32	+8.0%
Sep 2018	5.85	-2.5%
Jun 2018	6.00	-1.6%
Mar 2018	6.10	+6.8%
Dec 2017	5.71	+5.2%
Sep 2017	5.43	-2.3%
Jun 2017	5.56	-0.2%
Mar 2017	5.57	-4.1%
Dec 2016	5.81	+10.7%
Sep 2016	5.25	-1.5%
Jun 2016	5.33	-0.2%
Mar 2016	5.34	+4.3%
Dec 2015	5.12	+5.6%
Sep 2015	4.85	+1.0%
Jun 2015	4.80	+0.2%
Mar 2015	4.79	-12.1%
Dec 2014	5.45	+0.9%
Sep 2014	5.40	+1.5%
Jun 2014	5.32	+0.9%
Mar 2014	5.27	-2.6%
Dec 2013	5.41	-7.5%
Sep 2013	5.85	-8.2%
Jun 2013	6.37	-6.3%
Mar 2013	6.80	+2.3%
Dec 2012	6.65	+8.5%
Sep 2012	6.13	-1.1%
Jun 2012	6.20	+3.3%

Month	Value	Change
Mar 2012	6.00	+9.9%
Dec 2011	5.46	-1.6%
Sep 2011	5.55	-3.1%
Jun 2011	5.73	-9.6%
Mar 2011	6.34	-6.6%
Dec 2010	6.79	+4.6%
Sep 2010	6.49	+9.8%
Jun 2010	5.91	+4.8%
Mar 2010	5.64	-0.7%
Dec 2009	5.68	-4.7%
Sep 2009	5.96	+1.4%
Jun 2009	5.88	-1.2%
Mar 2009	5.95	-7.2%
Dec 2008	6.41	-10.3%
Sep 2008	7.15	+0.7%
Jun 2008	7.10	-12.1%
Mar 2008	8.08	-6.7%
Dec 2007	8.66	-12.8%
Sep 2007	9.93	-11.7%
Jun 2007	11.24	+15.2%
Mar 2007	9.76	-5.9%
Dec 2006	10.37	+8.0%
Sep 2006	9.60	-19.1%
Jun 2006	11.86	+13.5%
Mar 2006	10.45	+1,023.7%
Dec 2005	0.93	-91.5%
Sep 2005	10.93	+7.7%
Jun 2005	10.15	-6.4%
Mar 2005	10.84	+952.4%
Dec 2004	1.03	-89.0%
Sep 2004	9.39	-5.0%
Jun 2004	9.88	+790.1%
Mar 2004	1.11	-88.4%
Dec 2003	9.58	-5.8%
Sep 2003	10.17	-2.9%
Jun 2003	10.47	+10.6%
Mar 2003	9.47	>+9,900.0%
Dec 2002	0.00	-100.0%
Sep 2002	9.04	-5.5%
Jun 2002	9.57	+15.7%
Mar 2002	8.27	-13.3%
Dec 2001	9.54	+12.2%
Sep 2001	8.50	-25.4%
Jun 2001	11.39	-8.0%
Mar 2001	12.38	+3.2%
Dec 2000	12.00	>+9,900.0%
Sep 2000	0.00	0.0%
Jun 2000	0.00	0.0%
Mar 2000	0.00	-100.0%
Dec 1999	12.96	>+9,900.0%
Sep 1999	0.00	0.0%
Jun 1999	0.00	0.0%
Mar 1999	0.00	-100.0%
Dec 1998	10.17	>+9,900.0%
Sep 1998	0.00	-100.0%
Jun 1998	0.51	+240.0%
Mar 1998	0.15	-

FAQ

What is the current quarterly debt to equity of NLY?: As of today, NLY quarterly debt to equity is 7.90
What is NLY quarterly debt to equity most recent change?: NLY quarterly debt to equity was up +7.05% on September 30, 2026
What is 1-year change in NLY quarterly debt to equity?: NLY quarterly debt to equity is up +10.03% year-over-year
How far is NLY quarterly debt to equity from its all-time high?: NLY quarterly debt to equity is currently -39.04% below its historical high of 12.96 set on December 31, 1999
How does NLY quarterly debt to equity rank versus sector peers?: NLY quarterly debt to equity is higher than 94.49% of companies in Real Estate sector
When is NLY next earnings release?: The next earnings release for NLY is on January 27, 2027

Debt To Equity Formula

Debt To Equity =

Total Debt

Data Sources & References

NLY Official Website www.annaly.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1043219/000104321926000007/0001043219-26-000007-index.htm
NLY Profile on Yahoo Finance finance.yahoo.com/quote/NLY
NLY Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nly