What is the current annual net margin of NLY?

As of today, NLY annual net margin is 30.64%

What is 1-year change in NLY annual net margin?

NLY annual net margin is up +92.46% year-over-year

What is 3-year change in NLY annual net margin?

NLY annual net margin is down -26.35% over the past 3 years

How far is NLY annual net margin from its all-time high?

NLY annual net margin is currently -63.38% below its historical high of 83.68% set on December 31, 2009

How does NLY annual net margin rank versus sector peers?

NLY annual net margin is higher than 80.74% 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 net margin of NLY?

As of today, NLY quarterly net margin is -43.37%

What is NLY quarterly net margin most recent change?

NLY quarterly net margin was down -226.48% on September 30, 2026

What is 1-year change in NLY quarterly net margin?

NLY quarterly net margin is down -183.86% year-over-year

How far is NLY quarterly net margin from its all-time high?

NLY quarterly net margin is currently -144.02% below its historical high of 98.53% set on March 31, 2011

How does NLY quarterly net margin rank versus sector peers?

NLY quarterly net margin is higher than 16.59% of companies in Real Estate sector

When is NLY next earnings release?

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

NLY Net Margin History & Chart Since 1997

Annual Net Margin

30.64%14.72%+92.46%

December 31, 2025

Summary

Current Value: As of today, NLY annual net margin is 30.64%, up +92.46% on December 31, 2025
Historical Performance: NLY annual net margin is down -26.35% over the past 3 years, up +151.12% over the past 5 years
All-Time High Comparison: NLY annual net margin is currently -63.38% below its historical high of 83.68% set on December 31, 2009
3-Year Low Comparison: NLY annual net margin is +204.86% above its 3-year low of -29.22% reached on December 31, 2023
Sector Comparison: NLY annual net margin is higher than 80.74% of companies in Real Estate sector

Net Margin Chart

beforeafter

Performance

NLY Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	30.64%	+92.5%	-26.4%	+151.1%	-46.4%
Quarterly Net Margin	Sep 30, 26	-43.37%	-183.9%	-31.5%	+23.1%	+61.2%
Price	Nov 10, 26	$18.72	-14.9%	+10.1%	-45.5%	-71.3%
PE Ratio	Nov 10, 26	13.16	+29.1%	–	+197.7%	+52.7%
Annual Revenue	Dec 31, 25	$6.70B	+5.3%	+61.3%	+351.0%	+201.8%
Annual Net Income	Dec 31, 25	$2.05B	+102.8%	+18.8%	+330.6%	+61.9%
Annual Gross Margin	Dec 31, 25	99.96%	+0.4%	+0.5%	+1.5%	+0.0%
Annual Operating Margin	Dec 31, 25	97.02%	+9.7%	+29.0%	+7620.9%	+24.6%

Net Margin Highs

NLY Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	41.60%	N/A	-26.4%
5Y	41.60%	Dec 31, 22	-26.4%
All	83.68%	Dec 31, 09	-63.4%

Net Margin Lows

NLY Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	-29.22%	Dec 31, 23	+204.9%
5Y	-59.94%	N/A	+151.1%
All	-119.21%	Dec 31, 19	+125.7%

Net Margin History

Year	Value	Change
2025	30.64%	+92.5%
2024	15.92%	+154.5%
2023	-29.22%	-170.2%
2022	41.60%	+169.4%
2020	-59.94%	+49.7%
2019	-119.21%	-4,685.0%
2018	2.60%	-96.1%
2017	66.74%	-7.2%
2016	71.91%	+114.1%
2015	33.59%	+137.6%
2014	-89.25%	-250.6%
2012	59.27%	+423.6%
2011	11.32%	-80.2%
2010	57.12%	-31.7%

Year	Value	Change
2009	83.68%	+665.6%
2008	10.93%	-36.3%
2007	17.17%	+128.9%
2006	7.50%	+700.0%
2005	-1.25%	-102.8%
2004	45.19%	-15.3%
2003	53.37%	-1.7%
2002	54.31%	+54.8%
2001	35.08%	+132.2%
2000	15.11%	-25.2%
1999	20.20%	+17.4%
1998	17.21%	-13.6%
1997	19.91%	-

FAQ

What is the current annual net margin of NLY?: As of today, NLY annual net margin is 30.64%
What is 1-year change in NLY annual net margin?: NLY annual net margin is up +92.46% year-over-year
What is 3-year change in NLY annual net margin?: NLY annual net margin is down -26.35% over the past 3 years
How far is NLY annual net margin from its all-time high?: NLY annual net margin is currently -63.38% below its historical high of 83.68% set on December 31, 2009
How does NLY annual net margin rank versus sector peers?: NLY annual net margin is higher than 80.74% 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

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

-43.37%77.66%-226.48%

September 30, 2026

Summary

Current Value: As of today, NLY quarterly net margin is -43.37%, down -226.48% on September 30, 2026
Historical Performance: NLY quarterly net margin is down -183.86% year-over-year, down -31.50% over the past 3 years
All-Time High Comparison: NLY quarterly net margin is currently -144.02% below its historical high of 98.53% set on March 31, 2011
3-Year Low Comparison: NLY quarterly net margin is at its 3-year low
Sector Comparison: NLY quarterly net margin is higher than 16.59% of companies in Real Estate sector

Performance

NLY Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	-43.37%	-226.5%	-183.9%	-31.5%	+23.1%
Annual Net Margin	Dec 31, 25	30.64%	–	+92.5%	-26.4%	+151.1%
Price	Nov 10, 26	$18.72	-19.1%	-14.9%	+10.1%	-45.5%
PE Ratio	Nov 10, 26	13.16	+126.9%	+29.1%	–	+197.7%
Quarterly Revenue	Sep 30, 26	$2.31B	-4.4%	+41.5%	+33.7%	+349.6%
Quarterly Net Income	Sep 30, 26	-$1.00B	-220.9%	-218.7%	-75.8%	-291.9%
Quarterly Gross Margin	Sep 30, 26	99.97%	0.0%	+0.5%	+0.4%	-0.4%
Quarterly Operating Margin	Sep 30, 26	19.18%	-78.5%	-85.0%	-32.5%	+130.6%

Quarterly Net Margin Highs

NLY Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	56.92%	Dec 31, 25	-176.2%
3Y	56.92%	Dec 31, 25	-176.2%
5Y	77.37%	Dec 31, 21	-156.1%
All	98.53%	Mar 31, 11	-144.0%

Quarterly Net Margin Lows

NLY Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	-43.37%	Sep 30, 26	at low
3Y	-43.37%	Sep 30, 26	at low
5Y	-75.29%	Mar 31, 23	+42.4%
All	-876.79%	Mar 31, 20	+95.0%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	-43.37%	-226.5%
Jun 2026	34.29%	+124.6%
Mar 2026	15.27%	-73.2%
Dec 2025	56.92%	+10.1%
Sep 2025	51.72%	+1,434.7%
Jun 2025	3.37%	-61.5%
Mar 2025	8.76%	-63.9%
Dec 2024	24.24%	+267.3%
Sep 2024	6.60%	+1,322.2%
Jun 2024	-0.54%	-101.8%
Mar 2024	30.80%	+214.2%
Dec 2023	-26.96%	+18.3%
Sep 2023	-32.98%	-369.4%
Jun 2023	12.24%	+116.3%
Mar 2023	-75.29%	-68.8%
Dec 2022	-44.60%	-57.7%
Sep 2022	-28.28%	-136.6%
Dec 2021	77.37%	+237.1%
Sep 2021	-56.42%	+13.1%
Jun 2021	-64.92%	+61.2%
Jun 2020	-167.40%	+80.9%
Mar 2020	-876.79%	-19.0%
Sep 2019	-736.74%	-102.9%
Jun 2019	-363.07%	-51.5%
Mar 2019	-239.66%	-462.2%
Sep 2018	66.16%	-9.6%
Jun 2018	73.19%	+41.4%
Sep 2017	51.77%	+1,522.9%
Jun 2017	3.19%	-96.2%
Mar 2017	83.83%	+208.6%
Jun 2016	-77.21%	+67.6%
Mar 2016	-238.36%	-45.1%
Sep 2015	-164.24%	+29.8%
Mar 2015	-234.01%	-55.5%
Dec 2014	-150.47%	-311.5%
Sep 2014	71.15%	-19.7%
Jun 2014	88.63%	+249.4%
Mar 2014	-59.33%	-221.4%
Sep 2013	48.87%	+54.1%
Sep 2012	31.72%	+374.4%
Jun 2012	-11.56%	-119.1%
Dec 2011	60.55%	+154.2%
Sep 2011	-111.75%	-813.1%
Jun 2011	15.67%	-84.1%
Mar 2011	98.53%	+4,310.7%
Sep 2010	-2.34%	+94.3%
Jun 2010	-41.26%	-179.4%

Month	Value	Change
Mar 2010	51.95%	+6.0%
Sep 2009	49.00%	-25.9%
Mar 2009	66.15%	+197.3%
Dec 2008	-67.99%	-285.8%
Sep 2008	36.60%	-6.7%
Jun 2008	39.22%	+30.7%
Mar 2008	30.01%	+44.1%
Dec 2007	20.82%	+24.5%
Sep 2007	16.72%	+10.9%
Jun 2007	15.07%	+3.4%
Mar 2007	14.57%	+14.8%
Dec 2006	12.69%	+2.1%
Sep 2006	12.43%	+313.0%
Jun 2006	3.01%	+155.5%
Mar 2006	-5.42%	+92.5%
Dec 2005	-72.59%	-745.8%
Sep 2005	11.24%	-53.9%
Jun 2005	24.39%	-24.7%
Mar 2005	32.39%	-10.4%
Dec 2004	36.14%	-22.0%
Sep 2004	46.33%	-10.4%
Jun 2004	51.69%	+1.0%
Mar 2004	51.20%	-42.1%
Dec 2003	88.44%	+137.6%
Sep 2003	37.22%	-27.0%
Jun 2003	50.96%	-1.1%
Mar 2003	51.54%	+6.5%
Dec 2002	48.39%	-6.7%
Sep 2002	51.89%	-2.0%
Jun 2002	52.96%	-0.4%
Mar 2002	53.19%	+12.8%
Dec 2001	47.16%	+37.8%
Sep 2001	34.23%	+20.1%
Jun 2001	28.49%	+46.0%
Mar 2001	19.51%	+48.5%
Dec 2000	13.14%	-2.5%
Sep 2000	13.48%	-9.7%
Jun 2000	14.92%	-24.3%
Mar 2000	19.70%	+3.6%
Dec 1999	19.01%	-6.7%
Sep 1999	20.37%	-6.8%
Jun 1999	21.85%	+11.4%
Mar 1999	19.62%	+17.8%
Dec 1998	16.65%	+7.8%
Sep 1998	15.45%	+8.4%
Jun 1998	14.25%	-39.2%
Mar 1998	23.45%	-

FAQ

What is the current quarterly net margin of NLY?: As of today, NLY quarterly net margin is -43.37%
What is NLY quarterly net margin most recent change?: NLY quarterly net margin was down -226.48% on September 30, 2026
What is 1-year change in NLY quarterly net margin?: NLY quarterly net margin is down -183.86% year-over-year
How far is NLY quarterly net margin from its all-time high?: NLY quarterly net margin is currently -144.02% below its historical high of 98.53% set on March 31, 2011
How does NLY quarterly net margin rank versus sector peers?: NLY quarterly net margin is higher than 16.59% of companies in Real Estate sector
When is NLY next earnings release?: The next earnings release for NLY is on January 27, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

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