Tax

Effective Tax Rate, Continuing Operations

Annaly Capital Management Effective Tax Rate, Continuing Operations decreased by 25.0% to -$0.01 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 108.5%, from $0.06 to -$0.01. Over 3 years (FY 2022 to FY 2025), Effective Tax Rate, Continuing Operations shows an upward trend with a 26.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 29, 2026

How to read this metric

A lower rate generally indicates higher tax efficiency, while a significantly higher rate may suggest increased tax liabilities or geographic shifts in profitability.

Detailed definition

The ratio of income tax expense to income from continuing operations before taxes, representing the actual percentage of...

Peer comparison

Standard metric across all public companies; peers in the industrial gas sector typically target rates aligned with their geographic footprint.

Metric ID: cat_effective_tax_rate_continuing_operations

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.01$0.01$0.01$0.01-$0.01-$0.01-$0.01-$0.01-$0.00$3.85-$0.08$0.01$0.06$0.01-$0.01-$0.00-$0.01
QoQ Change+0.0%+0.0%+0.0%-196.2%+0.0%+0.0%+0.0%+68.0%>999%-102.1%+107.4%+883.3%-88.1%-242.9%+60.0%-25.0%
YoY Change-196.2%-196.2%-196.2%-196.2%+68.0%>999%<-999%+196.0%>999%-99.8%+87.7%-166.7%-108.5%
Range-$0.08$3.85
CAGR-6.3%
Avg YoY Growth>999%
Median YoY Growth-108.5%

Frequently Asked Questions

What is Annaly Capital Management's effective tax rate, continuing operations?
Annaly Capital Management (NLY) reported effective tax rate, continuing operations of -$0.01 in Q1 2026.
How has Annaly Capital Management's effective tax rate, continuing operations changed year-over-year?
Annaly Capital Management's effective tax rate, continuing operations decreased by 108.5% year-over-year, from $0.06 to -$0.01.
What is the long-term trend for Annaly Capital Management's effective tax rate, continuing operations?
Over 3 years (2022 to 2025), Annaly Capital Management's effective tax rate, continuing operations has grown at a 26.0% compound annual growth rate (CAGR), from $0.03 to $0.05.
What does effective tax rate, continuing operations mean?
The actual percentage of pre-tax income paid in taxes from continuing business operations.