Annaly Capital Management G&A increased by 2.7% to $52.56M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $48.06M to $52.56M. Over 4 years (FY 2021 to FY 2025), G&A shows relatively stable performance with a 1.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026Apr 29, 2026
How to read this metric
A high ratio relative to revenue may indicate operational inefficiency or high fixed-cost leverage.
Detailed definition
The aggregate of all non-production operating expenses, including personnel, office facilities, and administrative suppo...
Peer comparison
Standard metric for evaluating operational efficiency across the REIT sector.
Metric ID:
general_and_administrativeHistorical 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 | $53.53M | $43.88M | $40.7M | $45.76M | $36.04M | $37.92M | $43.01M | $40.83M | $42.92M | $39.91M | $38.9M | $38.57M | $44.89M | $43.92M | $43.97M | $48.06M | $50.02M | $50.34M | $51.21M | $52.56M |
| QoQ Change | — | -18.0% | -7.2% | +12.4% | -21.3% | +5.2% | +13.4% | -5.1% | +5.1% | -7.0% | -2.5% | -0.9% | +16.4% | -2.2% | +0.1% | +9.3% | +4.1% | +0.6% | +1.7% | +2.7% |
| YoY Change | — | — | — | — | -32.7% | -13.6% | +5.7% | -10.8% | +19.1% | +5.2% | -9.5% | -5.5% | +4.6% | +10.1% | +13.0% | +24.6% | +11.4% | +14.6% | +16.4% | +9.4% |
Range$36.04M – $53.53M
CAGR-0.4%
Avg YoY Growth+3.9%
Median YoY Growth+7.5%
Current Streak6 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Agency | $15.86M | $16.15M | $16.25M | $17.32M | $16.55M | $17.83M | $18.17M | $18.12M |
| Residential Credit | $13.15M | $13.87M | $13.72M | $15.51M | $15.92M | $16.76M | $17.06M | $17.91M |
| MSR | $8.51M | $8.88M | $8.69M | $9.39M | $9.24M | $9.42M | $9.49M | $10.09M |
| Total | $44.89M | $43.92M | $43.97M | $48.06M | $50.02M | $50.34M | $51.21M | $52.56M |
G&A at Other Companies
Frequently Asked Questions
- What is Annaly Capital Management's g&a?
- Annaly Capital Management (NLY) reported g&a of $52.56M in Q1 2026.
- How has Annaly Capital Management's g&a changed year-over-year?
- Annaly Capital Management's g&a increased by 9.4% year-over-year, from $48.06M to $52.56M.
- What is the long-term trend for Annaly Capital Management's g&a?
- Over 4 years (2021 to 2025), Annaly Capital Management's g&a has grown at a 1.8% compound annual growth rate (CAGR), from $186.01M to $199.63M.
- What does g&a mean?
- Total administrative and operational overhead costs.