← ANNALY CAPITAL MANAGEMENT INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Operating expenses:
Additional Financial Items
Income (Loss) from Equity Method Investments ($4.6m) ($1.6m) ($2.8m) ($6.9m) ($7.1m) ($12.2m) $11.5m ($10.3m) $5.8m ($13.0m)
Amortization of Intangible Assets $12.9m $9.2m $8.7m $7.6m $10.5m $7.2m $3.4m $2.9m $2.7m $2.7m
Gain (Loss) on Investments — — — — — — ($4.6b) ($2.1b) ($1.8b) $1.7b
Gain (Loss) on Sales of Mortgage Backed Securities (MBS) $31.0m ($6.4m) ($1.1b) ($37.8m) $637.0m ($3.1m) ($3.6b) ($2.9b) ($886.0m) ($99.6m)
Gains (Losses) on Sales of Investment Real Estate — $5.1m $5.1m — $19.7m — — — — —
Goodwill, Impairment Loss — $0 — — — — — — — —
Interest Income, Operating $2.2b $2.5b $3.3b $3.8b $2.2b $2.0b $2.8b $3.7b $4.8b $6.0b
Preferred Stock Dividends and Other Adjustments $82.3m $109.6m $129.3m $136.6m $142.0m $107.5m $110.6m $141.7m $154.6m $157.9m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1.4b $1.6b $51.8m ($2.2b) ($918.2m) $2.4b $1.8b ($1.6b) $1.0b $2.0b
Gain (Loss) on Derivative Instruments, Net, Pretax ($338.4m) ($18.3m) $526.0m ($2.3b) ($3.0b) $686.0m — — — —
Net Income (Loss) Attributable to Parent $1.4b $1.6b $54.4m ($2.2b) ($891.2m) $2.4b $1.7b ($1.6b) $1.0b $2.0b
Net Income (Loss) Available to Common Stockholders, Basic $1.4b $1.5b ($74.9m) ($2.3b) ($1.0b) $2.3b $1.6b ($1.8b) $847.4m $1.9b
Net Income (Loss) Attributable to Noncontrolling Interest ($970k) ($588k) ($260k) ($226k) $1.4m $6.4m $1.1m $4.7m $9.9m $24.4m
Earnings Per Share, Basic $1.39 $1.37 ($0.06) ($1.60) ($0.73) $1.60 $3.93 ($3.61) $1.62 $2.92
Earnings Per Share, Diluted $1.39 $1.37 ($0.06) ($1.60) ($0.73) $1.60 $3.92 ($3.61) $1.62 $2.92
Common Stock, Dividends, Per Share, Declared $1.20 $1.20 $1.20 $1.05 $0.91 $0.88 $3.52 $2.60 $2.60 $2.80
Weighted Average Number of Shares Outstanding, Basic 969.8m 1.1b 1.2b 1.4b 1.4b 1.4b 411.3m 494.5m 521.7m 639.5m
Weighted Average Number of Shares Outstanding, Diluted 970.1m 1.1b 1.2b 1.4b 1.4b 1.4b 411.6m 494.5m 522.7m 641.0m
General and Administrative Expense $250.4m $224.1m $329.9m $301.6m $239.2m $186.0m $162.7m $162.6m $171.4m $199.6m
Other Nonoperating Income (Expense) — — — — $53.3m $58.0m $6.7m $73.7m $94.9m $51.1m
Current Income Tax Expense (Benefit) — — — — — — — — $1.0m $44k
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — — ($219k) $0 $0
Interest Expense $657.8m $1.0b $1.9b $2.8b $899.1m $249.2m $1.3b $3.8b $4.6b $4.8b
Interest Expense, Debt — $0 — — — — — — — —
Interest Expense Operating — — — — — — — — $4.6b $4.8b
Interest Expense, Securities Sold under Agreements to Repurchase — — — — — — — $11.5m $88.2m $103.8m
Labor and Related Expense $151.6m $164.3m $179.8m $170.6m $131.7m $118.5m $112.7m $119.6m $130.4m $151.6m
Other General and Administrative Expense $98.8m $59.8m $150.0m $131.0m $107.5m $67.6m $50.0m $43.0m $41.0m $48.1m
Income Tax Expense (Benefit) ($1.6m) $7.0m ($2.4m) ($10.8m) ($28.4m) $4.7m $45.6m $39.4m $15.3m ($6.9m)
Interest Income (Expense), Net $1.6b $1.5b $1.4b $1.0b $1.3b $1.7b $1.5b ($111.4m) $247.8m $1.1b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.