Operating Expenses
Operating Lease Cost
Annaly Capital Management Operating Lease Cost remained flat by 0.0% to $900.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.2%, from $1.10M to $900.00K. Over 4 years (FY 2021 to FY 2025), Operating Lease Cost shows an upward trend with a 11.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Increasing costs signal higher recurring operational overhead related to leased assets.
Detailed definition
The portion of total lease expense specifically attributable to operating leases, recognized on a straight-line basis ov...
Peer comparison
Standard metric for comparing rental and leasing overhead across retail, manufacturing, and logistics sectors.
Metric ID:
cat_operating_lease_costHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $700.00K | $800.00K | $800.00K | $800.00K | $800.00K | $800.00K | $800.00K | $800.00K | $800.00K | $800.00K | $900.00K | $800.00K | $800.00K | $800.00K | $800.00K | $1.10M | $1.50M | $1.50M | $900.00K | $900.00K |
| QoQ Change | — | +14.3% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +12.5% | -11.1% | +0.0% | +0.0% | +0.0% | +37.5% | +36.4% | +0.0% | -40.0% | +0.0% |
| YoY Change | — | — | — | — | +14.3% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +12.5% | +0.0% | +0.0% | +0.0% | -11.1% | +37.5% | +87.5% | +87.5% | +12.5% | -18.2% |
Range$700.00K – $1.50M
CAGR+5.4%
Avg YoY Growth+13.9%
Median YoY Growth+0.0%
Operating Lease Cost at Other Companies
Frequently Asked Questions
- What is Annaly Capital Management's operating lease cost?
- Annaly Capital Management (NLY) reported operating lease cost of $900.00K in Q1 2026.
- How has Annaly Capital Management's operating lease cost changed year-over-year?
- Annaly Capital Management's operating lease cost decreased by 18.2% year-over-year, from $1.10M to $900.00K.
- What is the long-term trend for Annaly Capital Management's operating lease cost?
- Over 4 years (2021 to 2025), Annaly Capital Management's operating lease cost has grown at a 11.8% compound annual growth rate (CAGR), from $3.20M to $5.00M.
- What does operating lease cost mean?
- The expense recognized for operating leases.