Annaly Capital Management (NLY) Cash Flow 2020-2026

Operating cash flow, free cash flow, FCF margin, and earnings quality

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-1.40B
Free Cash Flow: $-1.40B
FCF Margin: -102.4%
FCF / Net Income: -5.0

FCF of $-1.40B on $-1.40B in operating cash flow. The FCF / Net Income ratio of -0.6x shows cash consumption — the business is not yet self-funding.

Operating Cash Flow

Cash generated from core business operations

Free Cash Flow

Cash the business generates after maintaining itself

FCF Margin (%)

10%+ signals a capital-efficient business model

FCF / Net Income

Above 1 means earnings are backed by real cash

Annaly Capital Management (NLY) Cash Flow 2020-2026

Operating cash flow, free cash flow, FCF margin, and earnings quality

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-1.40B
Free Cash Flow: $-1.40B
FCF Margin: -102.4%
FCF / Net Income: -5.0

FCF of $-1.40B on $-1.40B in operating cash flow. The FCF / Net Income ratio of -0.6x shows cash consumption — the business is not yet self-funding.

Operating Cash Flow

Cash generated from core business operations

Free Cash Flow

Cash the business generates after maintaining itself

FCF Margin (%)

10%+ signals a capital-efficient business model

FCF / Net Income

Above 1 means earnings are backed by real cash